Latest Irenic Capital Management LP Stock Portfolio
Irenic Capital Management LP Performance:
2025 Q4: 1.07%YTD: 13%2024: 19.14%
Performance for 2025 Q4 is 1.07%, and YTD is 13%, and 2024 is 19.14%.
About Irenic Capital Management LP and 13F Hedge Fund Stock Holdings
On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Irenic Capital Management LP reported an equity portfolio of $1.5 Billions as of 31 Dec, 2025.
The top stock holdings of Irenic Capital Management LP are ITGR, SHC, TBPH. The fund has invested 6.7% of it's portfolio in INTEGER HLDGS CORP and 4.5% of portfolio in SOTERA HEALTH CO.
The fund managers got completely rid off GROCERY OUTLET HLDG CORP (GO), NATIONAL STORAGE AFFILIATES (NSA) and HIGHVIEW MERGER CORP stocks. They significantly reduced their stock positions in SURGERY PARTNERS INC (SGRY) and PAPA JOHNS INTL INC (PZZA). Irenic Capital Management LP opened new stock positions in INTEGER HLDGS CORP (ITGR), ALKAMI TECHNOLOGY INC (ALKT) and SPS COMM INC (SPSC). The fund showed a lot of confidence in some stocks as they added substantially to MARAVAI LIFESCIENCES HLDGS I (MRVI), ELME COMMUNITIES (WRE) and WORKIVA INC (WK).
The top stock holdings of Irenic Capital Management LP are ITGR, SHC, TBPH. The fund has invested 6.7% of it's portfolio in INTEGER HLDGS CORP and 4.5% of portfolio in SOTERA HEALTH CO.
The fund managers got completely rid off GROCERY OUTLET HLDG CORP (GO), NATIONAL STORAGE AFFILIATES (NSA) and HIGHVIEW MERGER CORP stocks. They significantly reduced their stock positions in SURGERY PARTNERS INC (SGRY) and PAPA JOHNS INTL INC (PZZA). Irenic Capital Management LP opened new stock positions in INTEGER HLDGS CORP (ITGR), ALKAMI TECHNOLOGY INC (ALKT) and SPS COMM INC (SPSC). The fund showed a lot of confidence in some stocks as they added substantially to MARAVAI LIFESCIENCES HLDGS I (MRVI), ELME COMMUNITIES (WRE) and WORKIVA INC (WK).
Irenic Capital Management LP Annual Return Estimates Vs S&P 500
Our best estimate is that Irenic Capital Management LP made a return of 1.07% in the last quarter. In trailing 12 months, it's portfolio return was 13%.
- Performance
- S&P 500
New Buys
| Ticker | $ Bought |
|---|---|
| integer hldgs corp | 99,109,100 |
| alkami technology inc | 48,595,800 |
| sps comm inc | 40,292,600 |
| apartment invt & mgmt co | 23,108,500 |
| ralliant corp | 16,904,300 |
| array digital infrastructure | 12,616,500 |
| taskus inc | 11,252,700 |
| blend labs inc | 9,469,440 |
New stocks bought by Irenic Capital Management LP
Additions
| Ticker | % Inc. |
|---|---|
| maravai lifesciences hldgs i | 290 |
| elme communities | 12.34 |
| workiva inc | 11.07 |
| diebold nixdorf inc | 8.53 |
| sotera health co | 7.04 |
| reservoir media inc | 5.58 |
| bandwidth inc | 4.98 |
Additions to existing portfolio by Irenic Capital Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| surgery partners inc | -92.53 |
| papa johns intl inc | -69.72 |
Irenic Capital Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| grocery outlet hldg corp | -17,764,000 |
| national storage affiliates | -12,173,300 |
| highview merger corp | -3,036,000 |
| jamf hldg corp | -963,000 |
Irenic Capital Management LP got rid off the above stocks
Sector Distribution
Irenic Capital Management LP has about 31.1% of it's holdings in Healthcare sector.
- Healthcare
- Technology
- Others
- Real Estate
- Communication Services
- Industrials
- Consumer Cyclical
| Sector | % |
|---|---|
| Healthcare | 31.1 |
| Technology | 23.3 |
| Others | 16.5 |
| Real Estate | 10.7 |
| Communication Services | 10.4 |
| Industrials | 6.1 |
| Consumer Cyclical | 1.9 |
Market Cap. Distribution
Irenic Capital Management LP has about 2.9% of it's portfolio invested in the large-cap and mega-cap stocks.
- MID-CAP
- SMALL-CAP
- UNALLOCATED
- MICRO-CAP
- LARGE-CAP
| Category | % |
|---|---|
| MID-CAP | 43.8 |
| SMALL-CAP | 32.2 |
| UNALLOCATED | 16.5 |
| MICRO-CAP | 4.6 |
| LARGE-CAP | 2.9 |
Stocks belong to which Index?
About 63.7% of the stocks held by Irenic Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.
- RUSSELL 2000
- Others
- S&P 500
| Index | % |
|---|---|
| RUSSELL 2000 | 60.8 |
| Others | 36.3 |
| S&P 500 | 2.9 |
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 43 stocks in it's portfolio. About 34.9% of the portfolio is in top 10 stocks. PZZA proved to be the most loss making stock for the portfolio. TBPH was the most profitable stock for Irenic Capital Management LP last quarter.
Last Reported on: 17 Feb, 2026| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ABUS | arbutus biopharma corp | 0.02 | 59,853 | 287,893 | new | |||
| AIN | albany intl corp | 0.07 | 20,000 | 1,014,000 | new | |||
| AIV | apartment invt & mgmt co | 1.55 | 3,890,320 | 23,108,500 | new | |||
| ALKT | alkami technology inc | 3.27 | 2,106,450 | 48,595,800 | new | |||
| ARRY | array technologies inc | 0.18 | 3,000,000 | 2,735,900 | unchanged | 0.00 | ||
| ATKR | atkore inc | 0.06 | 13,977 | 884,045 | new | |||
| BAND | bandwidth inc | 2.49 | 42,173,000 | 36,984,300 | added | 4.98 | ||
| BLND | blend labs inc | 0.64 | 3,114,950 | 9,469,440 | new | |||
| COO | cooper cos inc | 0.08 | 15,000 | 1,229,400 | new | |||
| CWAN | clearwater analytics hldgs i | 0.41 | 250,000 | 6,030,000 | new | |||
| FSLR | first solar inc | 0.12 | 7,000 | 1,828,610 | new | |||
| GO | grocery outlet hldg corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GSM | ferroglobe plc | 0.00 | 10,000 | 46,400 | new | |||
| HI | hillenbrand inc | 2.88 | 1,351,600 | 42,872,900 | unchanged | 0.00 | ||
| HSIC | henry schein inc | 0.02 | 4,000 | 302,320 | new | |||
| ICLR | icon plc | 0.10 | 8,000 | 1,457,760 | new | |||
| IJR | ishares tr | 0.17 | 30,000 | 2,484,600 | unchanged | 0.00 | ||
| ITGR | integer hldgs corp | 6.67 | 1,263,660 | 99,109,100 | new | |||
| JAMF | jamf hldg corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| MLAB | mesa labs inc | 0.13 | 25,000 | 1,962,500 | new | |||