Q2 2026 13F · SEC CIK 1929389

Irenic Capital Management LP

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.4B
Reported positions: 43
Top holdings a year, 3 yrs: +12.3%
Assets under management: $2.4B

Irenic Capital Management LP is a hedge fund that reported 43 positions worth $1.4B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Snap Inc (SNAP, 9.6%), Ralliant Corp (RAL, 9.2%), Integer Hldgs Corp (ITGR, 8.5%). A portfolio copying its top holdings returned 12.3% a year over the last 3 years, against 18.9% for the S&P 500.

Irenic Capital Management LP holdings all 43 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Irenic Capital Management LP 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SNAPSnap Inc	9.6%	12.5%	30,000,000	+0.0%	$133.2M
RALRalliant Corp	9.2%	6.6%	1,740,218	+0.0%	$128.1M
ITGRInteger Hldgs Corp	8.5%	10.1%	1,264,259	+0.0%	$118.1M
TFXTeleflex Incorporated	7.9%	9.4%	870,000	+0.0%	$110.3M
SHCSotera Health Co	6.6%	5.7%	5,141,822	+17.9%	$91.3M
SNDASonida Senior Living Inc	5.6%	3.6%	1,903,621	+56.1%	$77.7M
RSVRReservoir Media Inc	4.5%	5.5%	6,260,176	+1.3%	$61.9M
ALKTAlkami Technology Inc	3.5%	3.8%	2,675,151	+0.0%	$48.5M
TBPHTheravance Biopharma Inc	3.4%	4.1%	2,760,948	+0.0%	$46.9M
CPNGCoupang Inc	3.1%	New	2,484,979	—	$43.2M
DPCDpc Holdings PLC	3.0%	New	839,816	—	$41.2M
DBDDiebold Nixdorf Inc	2.9%	3.3%	476,523	-0.8%	$40.5M
ATKRAtkore Inc	2.8%	0.1%	507,613	+3531.8%	$38.6M
MMSIMerit Med Sys Inc	2.7%	New	542,589	—	$37.6M
SPSCSps Comm Inc	2.5%	3.0%	597,704	+0.0%	$34.2M
CMPCompass Minerals International, Inc.	2.4%	3.0%	1,068,378	-25.6%	$33.3M
SMASmartstop Self Storag REIT I	2.1%	New	876,608	—	$28.5M
WKWorkiva Inc	1.9%	3.0%	552,010	+0.0%	$26.8M
BATRKAtlanta Braves Hldgs Inc	1.9%	New	504,983	—	$26.2M
FSLRFirst Solar Inc	1.7%	1.3%	98,989	+35.8%	$23.4M
NOKNokia Corp	1.7%	New	1,730,000	—	$23.0M
COMPCompass Inc	1.6%	New	1,796,898	—	$22.2M
698884AH6Par Technology Corp	1.6%	1.6%	27,226,000	+22.5%	$21.9M
ADEAAdeia Inc	1.5%	0.4%	634,772	+217.5%	$20.9M
AHRTAh Rlty Tr Inc	1.5%	1.7%	2,918,328	-16.3%	$20.7M
CTRICenturi Holdings Inc Com Shs	1.1%	0.9%	518,705	+46.2%	$15.7M
SITCSite Ctrs Corp	0.7%	1.3%	2,605,378	+0.0%	$10.3M
GDSGds Hldgs Ltd	0.6%	New	283,000	—	$8.5M
NHPNational Healthcare Pptys Inc	0.6%	New	549,593	—	$8.1M
WSRWhitestone REIT	0.6%	1.9%	408,245	-67.7%	$7.7M
SAC-UNSafeguard Acquisition Corp units	0.4%	0.5%	500,000	+0.0%	$5.1M
GPACUGeneral Purp Acquisition Cor	0.4%	0.5%	500,000	+0.0%	$5.0M
ANABAnaptysbio Inc	0.3%	New	70,447	—	$4.8M
AIVApartment Invt & Mgmt Co	0.3%	1.9%	1,398,460	-72.2%	$4.2M
USOUnited Sts Oil Fd LP	0.3%	New	38,500	—	$4.1M
BLNDBlend Labs, Inc.	0.3%	0.3%	2,284,101	+3.6%	$3.9M
743312AD2Progress Software Corp	0.2%	New	3,444,000	—	$3.3M
HVMCHighview Merger Corp	0.2%	0.3%	300,000	-33.3%	$3.0M
WREElme Communities	0.2%	0.3%	1,909,557	+0.0%	$2.8M
SHYIshares Tr	0.2%	0.2%	30,000	+0.0%	$2.5M
FVRFrontview REIT Inc	0.1%	New	66,608	—	$1.3M
IACQUIrenic Acquisition Corp	0.0%	New	65,700	—	$668K
HVMCWHighview Merger Corp	0.0%	New	150,000	—	$53K

What Irenic Capital Management LP bought and sold in Q2 2026, against Q1 2026.

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: -0.1% /yr; S&P 500 +20.1%
3 years: +12.3% /yr; S&P 500 +18.9%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.4B	43
Q1 2026	$1.1B	41
Q4 2025	$723.1M	43
Q3 2025	$472.3M	18
Q2 2025	$431.8M	18
Q1 2025	$632.0M	19
Q4 2024	$629.1M	17
Q3 2024	$539.2M	14
Q2 2024	$382.2M	15
Q1 2024	$364.3M	16
Q4 2023	$434.8M	16
Q3 2023	$308.5M	19

Questions about Irenic Capital Management LP's portfolio

What stocks does Irenic Capital Management LP own?

Irenic Capital Management LP's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 43 positions worth $1.4B. The largest are Snap Inc (SNAP) at 9.6%, Ralliant Corp (RAL) at 9.2%, Integer Hldgs Corp (ITGR) at 8.5%, Teleflex Incorporated (TFX) at 7.9% and Sotera Health Co (SHC) at 6.6%.

What did Irenic Capital Management LP buy last quarter?

In Q2 2026, Irenic Capital Management LP added a new position in Coupang Inc (CPNG), a new position in Dpc Holdings PLC (DPC), a new position in Merit Med Sys Inc (MMSI), a new position in Smartstop Self Storag REIT I (SMA), a new position in Atlanta Braves Hldgs Inc (BATRK), Atkore Inc (ATKR) (+3531.8% shares), Adeia Inc (ADEA) (+217.5% shares) and Sonida Senior Living Inc (SNDA) (+56.1% shares), compared with its Q1 2026 filing.

What did Irenic Capital Management LP sell last quarter?

In Q2 2026, Irenic Capital Management LP sold all of Bandwidth Inc, sold all of Forward Air Corp (FWRD), sold all of Hewlett Packard Enterprise C (HPE), sold all of News Corp New (NWS), sold all of Rayonier Advanced Matls Inc (RYAM), Apartment Invt & Mgmt Co (AIV) (-72.2% shares), Whitestone REIT (WSR) (-67.7% shares) and Highview Merger Corp (HVMC) (-33.3% shares), compared with its Q1 2026 filing.

How has Irenic Capital Management LP's portfolio performed?

A portfolio copying Irenic Capital Management LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.3% a year over the last 3 years, against +18.9% for the S&P 500. Over 1 year: -0.1% against +20.1%.

When is Irenic Capital Management LP's next 13F filing due?

13F filings are due 45 days after each quarter ends. Irenic Capital Management LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Irenic Capital Management LP manage?

Irenic Capital Management LP reported $2.4B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.4B.