Irenic Capital Management LP Quant / Systematic

CIK: 0001929389 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

Total Value ($000): $352,302 (95.0% shares, 5.0% debt)

Holdings (23)

NWS NEWS CORP NEW 30.8%

Value ($000) $108,336 Shares 5,191,005 Est. Cost $17.22 Unrealized +18.2%

NWSA NEWS CORP NEW 18.7%

Value ($000) $65,816 Shares 3,280,935 Est. Cost $17.26 Unrealized +15.3%

TBPH THERAVANCE BIOPHARMA INC 6.8%

Value ($000) $23,827 Shares 2,760,948 Est. Cost $10.53 Unrealized -8.4%

IWM ISHARES TR RUSSELL 2000 ETF 6.6%

Value ($000) $23,418 Shares 132,500 Est. Cost — Unrealized —

— TABULA RASA HEALTHCARE INC 6.2%

Value ($000) $21,831 Shares 22,302,000 Est. Cost $0.83 Unrealized —

RSVR RESERVOIR MEDIA INC 5.1%

Value ($000) $17,813 Shares 2,920,141 Est. Cost $6.13 Unrealized -8.5%

SHC SOTERA HEALTH CO 4.7%

Value ($000) $16,465 Shares 1,099,156 Est. Cost $11.66 Unrealized +44.7%

— BLACKLINE INC 2.7%

Value ($000) $9,504 Shares 11,000,000 Est. Cost $0.85 Unrealized —

— ENSTAR GROUP LIMITED 2.3%

Value ($000) $8,118 Shares 33,547 Est. Cost $242.00 Unrealized —

— BANDWIDTH INC 2.3%

Value ($000) $8,109 Shares 12,500,000 Est. Cost $0.63 Unrealized —

DBD DIEBOLD NIXDORF INC 2.2%

Value ($000) $7,647 Shares 403,757 Est. Cost $18.98 Unrealized 0.0%

— OUTFRONT MEDIA INC 1.8%

Value ($000) $6,309 Shares 624,626 Est. Cost $10.10 Unrealized —

JRVR JAMES RIV GROUP LTD 1.8%

Value ($000) $6,172 Shares 402,071 Est. Cost $16.30 Unrealized 0.0%

— EVENTBRITE INC 1.6%

Value ($000) $5,804 Shares 7,000,000 Est. Cost $0.83 Unrealized —

— ALTERYX INC 1.4%

Value ($000) $4,827 Shares 128,081 Est. Cost $37.69 Unrealized —

MASI MASIMO CORP 1.2%

Value ($000) $4,148 Shares 47,309 Est. Cost $116.39 Unrealized 0.0%

BLND BLEND LABS INC 0.9%

Value ($000) $3,208 Shares 2,341,294 Est. Cost $1.21 Unrealized 0.0%

AIV APARTMENT INVT & MGMT CO 0.9%

Value ($000) $3,140 Shares 461,731 Est. Cost $6.80 Unrealized —

— DIGITAL RLTY TR INC 0.8%

Value ($000) $2,723 Shares 22,500 Est. Cost — Unrealized —

— GLOBAL BLUE GROUP HOLDING AG 0.7%

Value ($000) $2,624 Shares 431,643 Est. Cost $6.08 Unrealized —

— ENFUSION INC 0.4%

Value ($000) $1,433 Shares 159,778 Est. Cost $11.22 Unrealized —

— Q2 HLDGS INC 0.2%

Value ($000) $878 Shares 1,000,000 Est. Cost $0.81 Unrealized —

AMBP ARDAGH METAL PACKAGING S A 0.0%

Value ($000) $152 Shares 48,565 Est. Cost $2.74 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NWS	NEWS CORP NEW	5,191,005	$108,336	30.8%	$17.22	+18.2%	CL B	65249B208
NWSA	NEWS CORP NEW	3,280,935	$65,816	18.7%	$17.26	+15.3%	CL A	65249B109
TBPH	THERAVANCE BIOPHARMA INC	2,760,948	$23,827	6.8%	$10.53	-8.4%	COM	G8807B106
IWM	ISHARES TR RUSSELL 2000 ETF	132,500	$23,418	6.6%	—	—	Put	464287655
—	TABULA RASA HEALTHCARE INC	22,302,000	$21,831	6.2%	$0.83	—	NOTE 1.750% 02/15/26 CVT	873379AA9
RSVR	RESERVOIR MEDIA INC	2,920,141	$17,813	5.1%	$6.13	-8.5%	COM	76119X105
SHC	SOTERA HEALTH CO	1,099,156	$16,465	4.7%	$11.66	+44.7%	COM	83601L102
—	BLACKLINE INC	11,000,000	$9,504	2.7%	$0.85	—	NOTE 03/15/26 CVT	09239BAD1
—	ENSTAR GROUP LIMITED	33,547	$8,118	2.3%	$242.00	—	SHS	G3075P101
—	BANDWIDTH INC	12,500,000	$8,109	2.3%	$0.63	—	NOTE 0.500% 04/01/28 CVT	05988JAD5
DBD	DIEBOLD NIXDORF INC	403,757	$7,647	2.2%	$18.98	0.0%	COM SHS	253651202
—	OUTFRONT MEDIA INC	624,626	$6,309	1.8%	$10.10	—	COM	69007J106
JRVR	JAMES RIV GROUP LTD	402,071	$6,172	1.8%	$16.30	0.0%	COM	G5005R107
—	EVENTBRITE INC	7,000,000	$5,804	1.6%	$0.83	—	NOTE 0.750% 09/15/26 CVT	29975EAD1
—	ALTERYX INC	128,081	$4,827	1.4%	$37.69	—	COM CL A	02156B103
MASI	MASIMO CORP	47,309	$4,148	1.2%	$116.39	0.0%	COM	574795100
BLND	BLEND LABS INC	2,341,294	$3,208	0.9%	$1.21	0.0%	CL A	09352U108
AIV	APARTMENT INVT & MGMT CO	461,731	$3,140	0.9%	$6.80	—	CL A	03748R747
—	DIGITAL RLTY TR INC	22,500	$2,723	0.8%	—	—	Put	253868953
—	GLOBAL BLUE GROUP HOLDING AG	431,643	$2,624	0.7%	$6.08	—	ORD SHS	H33700107
—	ENFUSION INC	159,778	$1,433	0.4%	$11.22	—	CL A	292812104
—	Q2 HLDGS INC	1,000,000	$878	0.2%	$0.81	—	NOTE 0.750% 06/01/26 CVT	74736LAD1
AMBP	ARDAGH METAL PACKAGING S A	48,565	$152	0.0%	$2.74	0.0%	SHS	L02235106