Irenic Capital Management LP Quant / Systematic

CIK: 0001929389 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 14, 2025

Total Value ($000): $930,961 (97.1% shares, 2.9% debt)

Holdings (25)

— SPDR S&P 500 ETF TR 17.0%

Value ($000) $158,710 Shares 270,800 Est. Cost — Unrealized —

— BARNES GROUP INC 13.1%

Value ($000) $121,559 Shares 2,572,142 Est. Cost $34.61 Unrealized —

— ISHARES TR RUSSELL 2000 ETF 11.8%

Value ($000) $109,486 Shares 495,500 Est. Cost — Unrealized —

— ENDEAVOR GROUP HLDGS INC 10.3%

Value ($000) $95,477 Shares 3,051,357 Est. Cost $29.62 Unrealized —

— TRIUMPH GROUP INC NEW 7.6%

Value ($000) $70,666 Shares 3,787,022 Est. Cost $13.85 Unrealized —

RSVR RESERVOIR MEDIA INC 5.2%

Value ($000) $48,169 Shares 5,322,582 Est. Cost $6.65 Unrealized +32.7%

NWS NEWS CORP NEW 4.5%

Value ($000) $42,001 Shares 1,380,261 Est. Cost $17.22 Unrealized +74.1%

SHC SOTERA HEALTH CO 4.3%

Value ($000) $39,797 Shares 2,909,163 Est. Cost $13.02 Unrealized +11.4%

— FORWARD AIR CORP 4.3%

Value ($000) $39,658 Shares 1,229,719 Est. Cost $21.19 Unrealized —

AIV APARTMENT INVT & MGMT CO 3.7%

Value ($000) $34,656 Shares 3,812,595 Est. Cost $7.81 Unrealized —

KBR KBR INC 3.5%

Value ($000) $32,217 Shares 556,144 Est. Cost $62.80 Unrealized 0.0%

DH DEFINITIVE HEALTHCARE CORP 3.1%

Value ($000) $28,783 Shares 7,003,194 Est. Cost $5.34 Unrealized -18.1%

DBD DIEBOLD NIXDORF INC 2.9%

Value ($000) $27,258 Shares 633,327 Est. Cost $24.38 Unrealized +84.8%

TBPH THERAVANCE BIOPHARMA INC 2.8%

Value ($000) $25,981 Shares 2,760,948 Est. Cost $10.53 Unrealized -13.6%

— BANDWIDTH INC 2.1%

Value ($000) $19,149 Shares 24,173,000 Est. Cost $0.64 Unrealized —

MAGN MAGNERA CORP 1.7%

Value ($000) $16,276 Shares 895,772 Est. Cost $20.46 Unrealized 0.0%

— KBR INC 0.6%

Value ($000) $6,025 Shares 104,000 Est. Cost — Unrealized —

— UNITY SOFTWARE INC 0.6%

Value ($000) $5,950 Shares 6,514,000 Est. Cost $0.86 Unrealized —

ACHC ACADIA HEALTHCARE COMPANY IN 0.6%

Value ($000) $5,309 Shares 133,907 Est. Cost $45.11 Unrealized 0.0%

— ARRAY TECHNOLOGIES INC 0.2%

Value ($000) $2,213 Shares 3,000,000 Est. Cost $0.74 Unrealized —

SHY ISHARES TR 0.1%

Value ($000) $492 Shares 6,000 Est. Cost $81.98 Unrealized —

ARRY ARRAY TECHNOLOGIES INC 0.0%

Value ($000) $423 Shares 70,000 Est. Cost $6.37 Unrealized 0.0%

GRAL GRAIL INC 0.0%

Value ($000) $357 Shares 20,000 Est. Cost $16.26 Unrealized 0.0%

— FIRST SOLAR INC 0.0%

Value ($000) $194 Shares 1,100 Est. Cost — Unrealized —

— ARRAY TECHNOLOGIES INC 0.0%

Value ($000) $153 Shares 25,300 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR S&P 500 ETF TR	270,800	$158,710	17.0%	—	—	Put	78462F953
—	BARNES GROUP INC	2,572,142	$121,559	13.1%	$34.61	—	COM	067806109
—	ISHARES TR RUSSELL 2000 ETF	495,500	$109,486	11.8%	—	—	Put	464287955
—	ENDEAVOR GROUP HLDGS INC	3,051,357	$95,477	10.3%	$29.62	—	CL A COM	29260Y109
—	TRIUMPH GROUP INC NEW	3,787,022	$70,666	7.6%	$13.85	—	COM	896818101
RSVR	RESERVOIR MEDIA INC	5,322,582	$48,169	5.2%	$6.65	+32.7%	COM	76119X105
NWS	NEWS CORP NEW	1,380,261	$42,001	4.5%	$17.22	+74.1%	CL B	65249B208
SHC	SOTERA HEALTH CO	2,909,163	$39,797	4.3%	$13.02	+11.4%	COM	83601L102
—	FORWARD AIR CORP	1,229,719	$39,658	4.3%	$21.19	—	COM	349853101
AIV	APARTMENT INVT & MGMT CO	3,812,595	$34,656	3.7%	$7.81	—	CL A	03748R747
KBR	KBR INC	556,144	$32,217	3.5%	$62.80	0.0%	COM	48242W106
DH	DEFINITIVE HEALTHCARE CORP	7,003,194	$28,783	3.1%	$5.34	-18.1%	CLASS A COM	24477E103
DBD	DIEBOLD NIXDORF INC	633,327	$27,258	2.9%	$24.38	+84.8%	COM SHS	253651202
TBPH	THERAVANCE BIOPHARMA INC	2,760,948	$25,981	2.8%	$10.53	-13.6%	COM	G8807B106
—	BANDWIDTH INC	24,173,000	$19,149	2.1%	$0.64	—	NOTE 0.500% 4/0	05988JAD5
MAGN	MAGNERA CORP	895,772	$16,276	1.7%	$20.46	0.0%	COM SHS	55939A107
—	KBR INC	104,000	$6,025	0.6%	—	—	Call	48242W906
—	UNITY SOFTWARE INC	6,514,000	$5,950	0.6%	$0.86	—	NOTE 11/1	91332UAB7
ACHC	ACADIA HEALTHCARE COMPANY IN	133,907	$5,309	0.6%	$45.11	0.0%	COM	00404A109
—	ARRAY TECHNOLOGIES INC	3,000,000	$2,213	0.2%	$0.74	—	NOTE 1.000%12/0	04271TAB6
SHY	ISHARES TR	6,000	$492	0.1%	$81.98	—	1 3 YR TREAS BD	464287457
ARRY	ARRAY TECHNOLOGIES INC	70,000	$423	0.0%	$6.37	0.0%	COM SHS	04271T100
GRAL	GRAIL INC	20,000	$357	0.0%	$16.26	0.0%	COM	384747101
—	FIRST SOLAR INC	1,100	$194	0.0%	—	—	Call	336433907
—	ARRAY TECHNOLOGIES INC	25,300	$153	0.0%	—	—	Call	04271T900