Latest Irenic Capital Management LP Stock Portfolio
Irenic Capital Management LP Performance:
2025 Q3: 6.66%YTD: 11.81%2024: 19.14%
Performance for 2025 Q3 is 6.66%, and YTD is 11.81%, and 2024 is 19.14%.
About Irenic Capital Management LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Irenic Capital Management LP reported an equity portfolio of $954.6 Millions as of 30 Sep, 2025.
The top stock holdings of Irenic Capital Management LP are SHC, PZZA, RSVR. The fund has invested 5.8% of it's portfolio in SOTERA HEALTH CO and 5.4% of portfolio in PAPA JOHNS INTL INC.
The fund managers got completely rid off TRIUMPH GROUP INC NEW (TGI), APARTMENT INVT & MGMT CO (AIV) and TRIMAS CORP (TRS) stocks. They significantly reduced their stock positions in GROCERY OUTLET HLDG CORP (GO), NEWS CORP NEW (NWS) and SOTERA HEALTH CO (SHC). Irenic Capital Management LP opened new stock positions in PAPA JOHNS INTL INC (PZZA), WORKIVA INC (WK) and HILLENBRAND INC (HI). The fund showed a lot of confidence in some stocks as they added substantially to SURGERY PARTNERS INC (SGRY), RESERVOIR MEDIA INC (RSVR) and FORWARD AIR CORP.
The top stock holdings of Irenic Capital Management LP are SHC, PZZA, RSVR. The fund has invested 5.8% of it's portfolio in SOTERA HEALTH CO and 5.4% of portfolio in PAPA JOHNS INTL INC.
The fund managers got completely rid off TRIUMPH GROUP INC NEW (TGI), APARTMENT INVT & MGMT CO (AIV) and TRIMAS CORP (TRS) stocks. They significantly reduced their stock positions in GROCERY OUTLET HLDG CORP (GO), NEWS CORP NEW (NWS) and SOTERA HEALTH CO (SHC). Irenic Capital Management LP opened new stock positions in PAPA JOHNS INTL INC (PZZA), WORKIVA INC (WK) and HILLENBRAND INC (HI). The fund showed a lot of confidence in some stocks as they added substantially to SURGERY PARTNERS INC (SGRY), RESERVOIR MEDIA INC (RSVR) and FORWARD AIR CORP.
Irenic Capital Management LP Annual Return Estimates Vs S&P 500
Our best estimate is that Irenic Capital Management LP made a return of 6.66% in the last quarter. In trailing 12 months, it's portfolio return was 19.42%.
New Buys
| Ticker | $ Bought |
|---|---|
| papa johns intl inc | 51,698,700 |
| workiva inc | 42,782,600 |
| hillenbrand inc | 36,547,400 |
| elme communities | 28,659,900 |
| national storage affiliates | 12,173,300 |
| highview merger corp | 3,036,000 |
| jamf hldg corp | 963,000 |
New stocks bought by Irenic Capital Management LP
Additions
| Ticker | % Inc. |
|---|---|
| surgery partners inc | 339 |
| bandwidth inc | 66.19 |
| reservoir media inc | 3.23 |
| forward air corp | 0.01 |
Additions to existing portfolio by Irenic Capital Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| grocery outlet hldg corp | -28.95 |
| news corp new | -7.77 |
| sotera health co | -4.42 |
| diebold nixdorf inc | -0.3 |
Irenic Capital Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| apartment invt & mgmt co | -42,267,700 |
| triumph group inc new | -60,517,000 |
| lionsgate studios corp | -7,134,880 |
| trimas corp | -25,804,100 |
| couchbase inc | -19,556,000 |
| atlanta braves hldgs inc | -17,403,400 |
| vigil neuroscience inc | -2,952,000 |
Irenic Capital Management LP got rid off the above stocks
Sector Distribution
Irenic Capital Management LP has about 25.6% of it's holdings in Healthcare sector.
| Sector | % |
|---|---|
| Healthcare | 25.6 |
| Others | 15 |
| Communication Services | 14.1 |
| Real Estate | 13.6 |
| Consumer Cyclical | 10.9 |
| Technology | 9.3 |
| Industrials | 7.7 |
| Consumer Defensive | 3.8 |
Market Cap. Distribution
Irenic Capital Management LP has about 4.3% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 41.6 |
| SMALL-CAP | 39.1 |
| UNALLOCATED | 15 |
| LARGE-CAP | 4.3 |
Stocks belong to which Index?
About 60.7% of the stocks held by Irenic Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 56.4 |
| Others | 39.2 |
| S&P 500 | 4.3 |
Irenic Capital Management LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Irenic Capital Management LP
Irenic Capital Management LP has 18 stocks in it's portfolio. About 41% of the portfolio is in top 10 stocks. SITC proved to be the most loss making stock for the portfolio. SHC was the most profitable stock for Irenic Capital Management LP last quarter.
Last Reported on: 14 Nov, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AIV | apartment invt & mgmt co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ARRY | array technologies inc | 0.27 | 3,000,000 | 2,609,690 | unchanged | 0.00 | ||
| BAND | bandwidth inc | 3.60 | 40,173,000 | 34,319,200 | added | 66.19 | ||
| BASE | couchbase inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BATRA | atlanta braves hldgs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GO | grocery outlet hldg corp | 1.86 | 1,106,790 | 17,764,000 | reduced | -28.95 | ||
| HI | hillenbrand inc | 3.83 | 1,351,600 | 36,547,400 | new | |||
| IJR | ishares tr | 0.26 | 30,000 | 2,488,800 | unchanged | 0.00 | ||
| JAMF | jamf hldg corp | 0.10 | 90,000 | 963,000 | new | |||
| MRVI | maravai lifesciences hldgs i | 0.01 | 20,668 | 59,317 | unchanged | 0.00 | ||
| NSA | national storage affiliates | 1.27 | 402,822 | 12,173,300 | new | |||
| NWS | news corp new | 2.15 | 593,809 | 20,516,100 | reduced | -7.77 | ||
| PZZA | papa johns intl inc | 5.42 | 1,073,700 | 51,698,700 | new | |||
| RSVR | reservoir media inc | 4.83 | 5,669,670 | 46,151,100 | added | 3.23 | ||
| SGRY | surgery partners inc | 2.57 | 1,132,200 | 24,500,900 | added | 339 | ||
| SHC | sotera health co | 5.85 | 3,548,070 | 55,811,200 | reduced | -4.42 | ||
| SITC | site ctrs corp | 2.46 | 2,605,380 | 23,474,500 | unchanged | 0.00 | ||
| TBPH | theravance biopharma inc | 4.22 | 2,760,950 | 40,309,800 | unchanged | 0.00 | ||
| TGI | triumph group inc new | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| TRS | trimas corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||