Irenic Capital Management LP Quant / Systematic

CIK: 0001929389 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 14, 2024

Total Value ($000): $490,714 (94.6% shares, 5.4% debt)

Holdings (21)

IWM ISHARES TR RUSSELL 2000 ETF 20.4%

Value ($000) $99,998 Shares 475,500 Est. Cost — Unrealized —

— BARNES GROUP INC 19.5%

Value ($000) $95,555 Shares 2,572,142 Est. Cost $34.61 Unrealized —

NWS NEWS CORP NEW 18.8%

Value ($000) $92,221 Shares 3,408,019 Est. Cost $17.22 Unrealized +51.5%

RSVR RESERVOIR MEDIA INC 6.8%

Value ($000) $33,157 Shares 4,181,252 Est. Cost $6.30 Unrealized +13.0%

SHC SOTERA HEALTH CO 6.4%

Value ($000) $31,262 Shares 2,602,959 Est. Cost $13.21 Unrealized +12.7%

AIV APARTMENT INVT & MGMT CO 6.1%

Value ($000) $30,072 Shares 3,671,789 Est. Cost $7.79 Unrealized —

TBPH THERAVANCE BIOPHARMA INC 5.0%

Value ($000) $24,766 Shares 2,760,948 Est. Cost $10.53 Unrealized -12.0%

DBD DIEBOLD NIXDORF INC 3.6%

Value ($000) $17,547 Shares 509,502 Est. Cost $20.07 Unrealized +60.0%

— BANDWIDTH INC 3.3%

Value ($000) $16,075 Shares 22,173,000 Est. Cost $0.63 Unrealized —

— MODEL N INC 3.1%

Value ($000) $15,204 Shares 534,035 Est. Cost $28.47 Unrealized —

— ENSTAR GROUP LIMITED 2.4%

Value ($000) $11,630 Shares 37,425 Est. Cost $248.21 Unrealized —

— EVENTBRITE INC 1.2%

Value ($000) $6,025 Shares 7,000,000 Est. Cost $0.83 Unrealized —

— BLACKLINE INC 0.7%

Value ($000) $3,413 Shares 3,750,000 Est. Cost $0.85 Unrealized —

— CONTEXTLOGIC INC 0.6%

Value ($000) $3,109 Shares 546,343 Est. Cost $5.69 Unrealized —

CCOI COGENT COMMUNICATIONS HLDGS 0.5%

Value ($000) $2,647 Shares 40,510 Est. Cost $63.72 Unrealized +1.7%

— GLOBAL BLUE GROUP HOLDING AG 0.5%

Value ($000) $2,258 Shares 430,885 Est. Cost $6.03 Unrealized —

ATMU ATMUS FILTRATION TECHNOLOGIE 0.5%

Value ($000) $2,213 Shares 68,619 Est. Cost $23.72 Unrealized 0.0%

— ALLOVIR INC 0.4%

Value ($000) $1,947 Shares 2,579,582 Est. Cost $0.75 Unrealized —

— Q2 HLDGS INC 0.2%

Value ($000) $950 Shares 1,000,000 Est. Cost $0.81 Unrealized —

— PROPERTYGURU GROUP LTD 0.1%

Value ($000) $381 Shares 100,496 Est. Cost $3.79 Unrealized —

TLT ISHARES TR 0.1%

Value ($000) $284 Shares 3,000 Est. Cost $98.88 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR RUSSELL 2000 ETF	475,500	$99,998	20.4%	—	—	Put	464287655
—	BARNES GROUP INC	2,572,142	$95,555	19.5%	$34.61	—	COM	067806109
NWS	NEWS CORP NEW	3,408,019	$92,221	18.8%	$17.22	+51.5%	CL B	65249B208
RSVR	RESERVOIR MEDIA INC	4,181,252	$33,157	6.8%	$6.30	+13.0%	COM	76119X105
SHC	SOTERA HEALTH CO	2,602,959	$31,262	6.4%	$13.21	+12.7%	COM	83601L102
AIV	APARTMENT INVT & MGMT CO	3,671,789	$30,072	6.1%	$7.79	—	CL A	03748R747
TBPH	THERAVANCE BIOPHARMA INC	2,760,948	$24,766	5.0%	$10.53	-12.0%	COM	G8807B106
DBD	DIEBOLD NIXDORF INC	509,502	$17,547	3.6%	$20.07	+60.0%	COM SHS	253651202
—	BANDWIDTH INC	22,173,000	$16,075	3.3%	$0.63	—	NOTE 0.500% 4/0	05988JAD5
—	MODEL N INC	534,035	$15,204	3.1%	$28.47	—	COM	607525102
—	ENSTAR GROUP LIMITED	37,425	$11,630	2.4%	$248.21	—	SHS	G3075P101
—	EVENTBRITE INC	7,000,000	$6,025	1.2%	$0.83	—	NOTE 0.750% 9/1	29975EAD1
—	BLACKLINE INC	3,750,000	$3,413	0.7%	$0.85	—	NOTE 3/1	09239BAD1
—	CONTEXTLOGIC INC	546,343	$3,109	0.6%	$5.69	—	CL A NEW	21077C305
CCOI	COGENT COMMUNICATIONS HLDGS	40,510	$2,647	0.5%	$63.72	+1.7%	COM NEW	19239V302
—	GLOBAL BLUE GROUP HOLDING AG	430,885	$2,258	0.5%	$6.03	—	ORD SHS	H33700107
ATMU	ATMUS FILTRATION TECHNOLOGIE	68,619	$2,213	0.5%	$23.72	0.0%	COM	04956D107
—	ALLOVIR INC	2,579,582	$1,947	0.4%	$0.75	—	COM	019818103
—	Q2 HLDGS INC	1,000,000	$950	0.2%	$0.81	—	NOTE 0.750% 6/0	74736LAD1
—	PROPERTYGURU GROUP LTD	100,496	$381	0.1%	$3.79	—	ORD SHS	G7258M108
TLT	ISHARES TR	3,000	$284	0.1%	$98.88	—	20 YR TR BD ETF	464287432