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Irenic Capital Management LP

13F filer · CIK 1929389 · New York, NY

Summary
Irenic Capital Management LP reported $2.08B across 49 positions in its 13F for 2026 Q2, filed Aug 14, 2026. The largest holdings are SNAP (6.4%), RAL (6.2%), ITGR (5.7%). Versus 2026 Q1, leaving options aside, it opened 15 new positions, added to 10, trimmed 6 and sold out of 13.
Reported value$2.08B
Positions49incl. options
Report period2026 Q2
FiledAug 14, 2026
New positions15
Added10
Trimmed6
Sold out13

Top 25 holdings

By reported value, options listed separately · change vs 2026 Q1

Weight 6.4%Value $133.20MPrice $5.22Shares 30.00MSince Jun 30 +17.57%
Weight 6.2%Value $128.13MPrice $69.96Shares 1.74MSince Jun 30 -4.98%
Weight 5.7%Value $118.15MPrice $126.38Shares 1.26M +0.05%Since Jun 30 +35.24%
Weight 5.3%Value $110.28MPrice $127.38Shares 870KSince Jun 30 +0.49%
Weight 4.4%Value $91.27MPrice $18.45Shares 5.14M +17.95%Since Jun 30 +3.94%
Weight 3.7%Value $77.67MPrice $37.61Shares 1.90M +56.07%Since Jun 30 -7.82%
Weight 3.0%Value $61.91MPrice $9.55Shares 6.26M +1.28%Since Jun 30 -3.44%
Weight 2.3%Value $48.47MPrice $13.37Shares 2.68MSince Jun 30 -26.21%
Weight 2.3%Value $46.94MPrice $17.03Shares 2.76MSince Jun 30 +0.18%
Weight 2.1%Value $43.16MPrice $13.75Shares 2.48MSince Jun 30 -20.84%
DPC HOLDINGS PLCNo ticker matchNew
Weight 2.0%Value $41.20MShares 840K
Weight 1.9%Value $40.51MPrice $60.89Shares 477K -0.84%Since Jun 30 -28.38%
Weight 1.9%Value $38.60MPrice $94.73Shares 508K +3531.77%Since Jun 30 +24.58%
Weight 1.8%Value $37.62MPrice $87.00Shares 543KSince Jun 30 +25.47%
Weight 1.6%Value $34.17MPrice $81.01Shares 598KSince Jun 30 +41.70%
Weight 1.6%Value $33.26MPrice $22.39Shares 1.07M -25.58%Since Jun 30 -28.08%
Weight 1.4%Value $28.49MPrice $31.20Shares 877KSince Jun 30 -4.00%
Weight 1.3%Value $26.78MPrice $68.19Shares 552KSince Jun 30 +40.57%
Weight 1.3%Value $26.21MPrice $53.98Shares 505KSince Jun 30 +4.01%
Weight 1.1%Value $23.36MPrice $172.97Shares 99K +35.81%Since Jun 30 -26.70%
Weight 1.1%Value $22.97MPrice $10.12Shares 1.73MSince Jun 30 -23.80%
Weight 1.1%Value $22.16MPrice $9.10Shares 1.80MSince Jun 30 -26.20%
PAR TECHNOLOGY CORPNo ticker matchAdd
Weight 1.1%Value $21.94MShares 27.23M +22.50%
Weight 1.0%Value $20.90MPrice $24.72Shares 635K +217.54%Since Jun 30 -24.93%
Weight 1.0%Value $20.66MPrice $6.02Shares 2.92M -16.28%Since Jun 30 -14.97%

Weight is the share of the reported 13F value, including options at notional value. “Since Jun 30” compares the latest close with the quarter-end price implied by the filing (value ÷ shares).

Largest buys in 2026 Q2

CPNGCPNGCOUPANG INC≈ $43.16MNew
DPC HOLDINGS PLCNo ticker match≈ $41.20MNew
MMSIMMSIMERIT MED SYS INC≈ $37.62MNew
ATKRATKRATKORE INC≈ $37.54MAdd

Largest sells in 2026 Q2

BANDWIDTH INCNo ticker match≈ $37.59MSold
FWRDFWRDFORWARD AIR CORP≈ $20.55MSold
NWSNWSNEWS CORP NEW≈ $16.93MSold

Options

Notional value, listed apart from stocks

IWMIWMISHARES TRPUT$428.26MAdd
INVESCO QQQ TRNo ticker matchPUT$173.35MNew
FSLRFSLRFIRST SOLAR INCCALL$59.01MAdd
SPDR S&P 500 ETF TRNo ticker matchPUT$13.59MNew
SNAPSNAPSNAP INCCALL$9.40MTrim

Source: SEC Form 13F, values as reported by the filer. Filings lag up to 45 days after quarter end and cover only certain long positions. Research only, not investment advice.

Original filing All 13F filings on EDGAR