Irenic Capital Management LP Hedge Fund

Location: New York, NY

CIK: 0001929389 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

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

Holdings (23)

NWS NEWS CORP NEW 30.8%

Value $108M Shares 5,191,005 Est. Cost $17.22 Unrealized +18.2%

NWSA NEWS CORP NEW 18.7%

Value $65.82M Shares 3,280,935 Est. Cost $17.26 Unrealized +15.3%

TBPH THERAVANCE BIOPHARMA INC 6.8%

Value $23.83M Shares 2,760,948 Est. Cost $10.53 Unrealized -8.4%

IWM ISHARES TR RUSSELL 2000 ETF 6.6%

Value $23.42M Shares 132,500 Est. Cost — Unrealized —

— TABULA RASA HEALTHCARE INC 6.2%

Value $21.83M Shares 22,302,000 Est. Cost $0.83 Unrealized —

RSVR RESERVOIR MEDIA INC 5.1%

Value $17.81M Shares 2,920,141 Est. Cost $6.13 Unrealized -8.5%

SHC SOTERA HEALTH CO 4.7%

Value $16.47M Shares 1,099,156 Est. Cost $11.66 Unrealized +44.7%

— BLACKLINE INC 2.7%

Value $9.504M Shares 11,000,000 Est. Cost $0.85 Unrealized —

— ENSTAR GROUP LIMITED 2.3%

Value $8.118M Shares 33,547 Est. Cost $242.00 Unrealized —

— BANDWIDTH INC 2.3%

Value $8.109M Shares 12,500,000 Est. Cost $0.63 Unrealized —

DBD DIEBOLD NIXDORF INC 2.2%

Value $7.647M Shares 403,757 Est. Cost $18.98 Unrealized 0.0%

— OUTFRONT MEDIA INC 1.8%

Value $6.309M Shares 624,626 Est. Cost $10.10 Unrealized —

JRVR JAMES RIV GROUP LTD 1.8%

Value $6.172M Shares 402,071 Est. Cost $16.30 Unrealized 0.0%

— EVENTBRITE INC 1.6%

Value $5.804M Shares 7,000,000 Est. Cost $0.83 Unrealized —

— ALTERYX INC 1.4%

Value $4.827M Shares 128,081 Est. Cost $37.69 Unrealized —

MASI MASIMO CORP 1.2%

Value $4.148M Shares 47,309 Est. Cost $116.39 Unrealized 0.0%

BLND BLEND LABS INC 0.9%

Value $3.208M Shares 2,341,294 Est. Cost $1.21 Unrealized 0.0%

AIV APARTMENT INVT & MGMT CO 0.9%

Value $3.14M Shares 461,731 Est. Cost $6.80 Unrealized —

— DIGITAL RLTY TR INC 0.8%

Value $2.723M Shares 22,500 Est. Cost — Unrealized —

— GLOBAL BLUE GROUP HOLDING AG 0.7%

Value $2.624M Shares 431,643 Est. Cost $6.08 Unrealized —

— ENFUSION INC 0.4%

Value $1.433M Shares 159,778 Est. Cost $11.22 Unrealized —

— Q2 HLDGS INC 0.2%

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

AMBP ARDAGH METAL PACKAGING S A 0.0%

Value $152K Shares 48,565 Est. Cost $2.74 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NWS	NEWS CORP NEW	5,191,005	$108M	30.8%	$17.22	+18.2%	CL B	65249B208
NWSA	NEWS CORP NEW	3,280,935	$65.82M	18.7%	$17.26	+15.3%	CL A	65249B109
TBPH	THERAVANCE BIOPHARMA INC	2,760,948	$23.83M	6.8%	$10.53	-8.4%	COM	G8807B106
IWM	ISHARES TR RUSSELL 2000 ETF	132,500	$23.42M	6.6%	—	—	Put	464287655
—	TABULA RASA HEALTHCARE INC	22,302,000	$21.83M	6.2%	$0.83	—	NOTE 1.750% 02/15/26 CVT	873379AA9
RSVR	RESERVOIR MEDIA INC	2,920,141	$17.81M	5.1%	$6.13	-8.5%	COM	76119X105
SHC	SOTERA HEALTH CO	1,099,156	$16.47M	4.7%	$11.66	+44.7%	COM	83601L102
—	BLACKLINE INC	11,000,000	$9.504M	2.7%	$0.85	—	NOTE 03/15/26 CVT	09239BAD1
—	ENSTAR GROUP LIMITED	33,547	$8.118M	2.3%	$242.00	—	SHS	G3075P101
—	BANDWIDTH INC	12,500,000	$8.109M	2.3%	$0.63	—	NOTE 0.500% 04/01/28 CVT	05988JAD5
DBD	DIEBOLD NIXDORF INC	403,757	$7.647M	2.2%	$18.98	0.0%	COM SHS	253651202
—	OUTFRONT MEDIA INC	624,626	$6.309M	1.8%	$10.10	—	COM	69007J106
JRVR	JAMES RIV GROUP LTD	402,071	$6.172M	1.8%	$16.30	0.0%	COM	G5005R107
—	EVENTBRITE INC	7,000,000	$5.804M	1.6%	$0.83	—	NOTE 0.750% 09/15/26 CVT	29975EAD1
—	ALTERYX INC	128,081	$4.827M	1.4%	$37.69	—	COM CL A	02156B103
MASI	MASIMO CORP	47,309	$4.148M	1.2%	$116.39	0.0%	COM	574795100
BLND	BLEND LABS INC	2,341,294	$3.208M	0.9%	$1.21	0.0%	CL A	09352U108
AIV	APARTMENT INVT & MGMT CO	461,731	$3.14M	0.9%	$6.80	—	CL A	03748R747
—	DIGITAL RLTY TR INC	22,500	$2.723M	0.8%	—	—	Put	253868953
—	GLOBAL BLUE GROUP HOLDING AG	431,643	$2.624M	0.7%	$6.08	—	ORD SHS	H33700107
—	ENFUSION INC	159,778	$1.433M	0.4%	$11.22	—	CL A	292812104
—	Q2 HLDGS INC	1,000,000	$878K	0.2%	$0.81	—	NOTE 0.750% 06/01/26 CVT	74736LAD1
AMBP	ARDAGH METAL PACKAGING S A	48,565	$152K	0.0%	$2.74	0.0%	SHS	L02235106