Irenic Capital Management LP Quant / Systematic

CIK: 0001929389 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value ($000): $504,602 (94.7% shares, 5.3% debt)

Holdings (22)

NWS NEWS CORP NEW 26.6%

Value ($000) $134,432 Shares 5,226,744 Est. Cost $17.22 Unrealized +29.6%

NWSA NEWS CORP NEW 15.9%

Value ($000) $80,302 Shares 3,270,942 Est. Cost $17.26 Unrealized +24.0%

— BARNES GROUP INC 9.4%

Value ($000) $47,219 Shares 1,447,093 Est. Cost $32.63 Unrealized —

SHC SOTERA HEALTH CO 7.5%

Value ($000) $37,629 Shares 2,233,195 Est. Cost $12.93 Unrealized +9.5%

TBPH THERAVANCE BIOPHARMA INC 6.2%

Value ($000) $31,033 Shares 2,760,948 Est. Cost $10.53 Unrealized -4.5%

RSVR RESERVOIR MEDIA INC 4.9%

Value ($000) $24,673 Shares 3,460,501 Est. Cost $6.13 Unrealized -0.6%

IWM ISHARES TR RUSSELL 2000 ETF 4.7%

Value ($000) $23,804 Shares 118,600 Est. Cost — Unrealized —

AIV APARTMENT INVT & MGMT CO 4.3%

Value ($000) $21,775 Shares 2,780,939 Est. Cost $7.66 Unrealized —

SPY SPDR S&P 500 ETF TR 3.8%

Value ($000) $19,012 Shares 40,000 Est. Cost — Unrealized —

DBD DIEBOLD NIXDORF INC 2.8%

Value ($000) $14,280 Shares 493,253 Est. Cost $19.67 Unrealized +15.9%

— ENVESTNET INC 2.8%

Value ($000) $14,220 Shares 287,155 Est. Cost $49.52 Unrealized —

— BANDWIDTH INC 2.6%

Value ($000) $13,273 Shares 20,972,000 Est. Cost $0.63 Unrealized —

— OUTFRONT MEDIA INC 2.2%

Value ($000) $11,006 Shares 788,364 Est. Cost $10.90 Unrealized —

— ENSTAR GROUP LIMITED 2.1%

Value ($000) $10,487 Shares 35,629 Est. Cost $245.06 Unrealized —

— BLACKLINE INC 1.4%

Value ($000) $6,836 Shares 7,750,000 Est. Cost $0.85 Unrealized —

— EVENTBRITE INC 1.2%

Value ($000) $5,946 Shares 7,000,000 Est. Cost $0.83 Unrealized —

BLND BLEND LABS INC 0.6%

Value ($000) $2,934 Shares 1,150,685 Est. Cost $1.21 Unrealized +24.2%

JRVR JAMES RIV GROUP LTD 0.4%

Value ($000) $2,078 Shares 224,871 Est. Cost $16.30 Unrealized -29.6%

— GLOBAL BLUE GROUP HOLDING AG 0.4%

Value ($000) $1,920 Shares 405,885 Est. Cost $6.08 Unrealized —

— Q2 HLDGS INC 0.2%

Value ($000) $910 Shares 1,000,000 Est. Cost $0.81 Unrealized —

CCOI COGENT COMMUNICATIONS HLDGS 0.1%

Value ($000) $537 Shares 7,056 Est. Cost $58.68 Unrealized 0.0%

TLT ISHARES TR 0.1%

Value ($000) $297 Shares 3,000 Est. Cost $98.88 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NWS	NEWS CORP NEW	5,226,744	$134,432	26.6%	$17.22	+29.6%	CL B	65249B208
NWSA	NEWS CORP NEW	3,270,942	$80,302	15.9%	$17.26	+24.0%	CL A	65249B109
—	BARNES GROUP INC	1,447,093	$47,219	9.4%	$32.63	—	COM	067806109
SHC	SOTERA HEALTH CO	2,233,195	$37,629	7.5%	$12.93	+9.5%	COM	83601L102
TBPH	THERAVANCE BIOPHARMA INC	2,760,948	$31,033	6.2%	$10.53	-4.5%	COM	G8807B106
RSVR	RESERVOIR MEDIA INC	3,460,501	$24,673	4.9%	$6.13	-0.6%	COM	76119X105
IWM	ISHARES TR RUSSELL 2000 ETF	118,600	$23,804	4.7%	—	—	Put	464287655
AIV	APARTMENT INVT & MGMT CO	2,780,939	$21,775	4.3%	$7.66	—	CL A	03748R747
SPY	SPDR S&P 500 ETF TR	40,000	$19,012	3.8%	—	—	Put	78462F103
DBD	DIEBOLD NIXDORF INC	493,253	$14,280	2.8%	$19.67	+15.9%	COM SHS	253651202
—	ENVESTNET INC	287,155	$14,220	2.8%	$49.52	—	COM	29404K106
—	BANDWIDTH INC	20,972,000	$13,273	2.6%	$0.63	—	NOTE 0.500% 04/01/28 CVT	05988JAD5
—	OUTFRONT MEDIA INC	788,364	$11,006	2.2%	$10.90	—	COM	69007J106
—	ENSTAR GROUP LIMITED	35,629	$10,487	2.1%	$245.06	—	SHS	G3075P101
—	BLACKLINE INC	7,750,000	$6,836	1.4%	$0.85	—	NOTE 03/15/26 CVT	09239BAD1
—	EVENTBRITE INC	7,000,000	$5,946	1.2%	$0.83	—	NOTE 0.750% 09/15/26 CVT	29975EAD1
BLND	BLEND LABS INC	1,150,685	$2,934	0.6%	$1.21	+24.2%	CL A	09352U108
JRVR	JAMES RIV GROUP LTD	224,871	$2,078	0.4%	$16.30	-29.6%	COM	G5005R107
—	GLOBAL BLUE GROUP HOLDING AG	405,885	$1,920	0.4%	$6.08	—	ORD SHS	H33700107
—	Q2 HLDGS INC	1,000,000	$910	0.2%	$0.81	—	NOTE 0.750% 06/01/26 CVT	74736LAD1
CCOI	COGENT COMMUNICATIONS HLDGS	7,056	$537	0.1%	$58.68	0.0%	COM NEW	19239V302
TLT	ISHARES TR	3,000	$297	0.1%	$98.88	—	20 YR TR BD ETF	464287432