Skip to content
Disclosery

Irenic Capital Management LP

Follow

13F filer, CIK 1929389, NEW YORK, NY

Irenic Capital Management LP reported $1,138,640,973 across 20 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 86.43% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001929389-24-000011

Period
2024-09-30
Reported value
$1.14B
Holdings
20
Top 10 weight
86.43%
New
4
Sold out
5

Largest buys vs the previous quarter

SecurityShares changeApprox. value
EDRnew+1,871,024$53.4M
TRIUMPH GROUP INC NEWnew+3,158,726$40.7M
DHadded+3,466,243$15.5M
EQCadded+703,969$14M
FORWARD AIR CORPadded+161,480$5.72M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
SHCreduced-243,795-$4.07M
PROPERTYGURU GROUP LTDexited-450,350-$2.18M
ZUORA INCexited-202,121-$2.01M
HXLexited-16,150-$1.01M
TLTexited-3,000-$275K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2024

Share positions as resolved from 13F-HR 0001929389-24-000011, largest first. % of portfolio is the value over $569,865,559, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
BARNES GROUP INCBARNES GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,572,142 shares 2,572,142$104M18.24%0
NWSNEWS CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,600,989 shares 2,600,989$72.7M12.76%0Timeline
EDRENDEAVOR GROUP HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,871,024 shares 1,871,024$53.4M9.38%newTimeline
SHCSOTERA HEALTH COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,788,331 shares 2,788,331$46.6M8.17%-243,795Timeline
FORWARD AIR CORPFORWARD AIR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,229,719 shares 1,229,719$43.5M7.64%+161,480
RSVRRESERVOIR MEDIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,312,582 shares 5,312,582$43.1M7.56%+97,029Timeline
TRIUMPH GROUP INC NEWTRIUMPH GROUP INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,158,726 shares 3,158,726$40.7M7.14%new
AIVAPARTMENT INVT & MGMT COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,793,018 shares 3,793,018$34.3M6.02%-28,771Timeline
DHDEFINITIVE HEALTHCARE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,413,185 shares 6,413,185$28.7M5.03%+3,466,243Timeline
DBDDIEBOLD NIXDORF INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 572,779 shares 572,779$25.6M4.49%+23,206Timeline
TBPHTHERAVANCE BIOPHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,760,948 shares 2,760,948$22.3M3.9%0Timeline
EQCEQUITY COMMONWEALTHQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,029,642 shares 1,029,642$20.5M3.6%+703,969Timeline
TENBTENABLE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 91,571 shares 91,571$3.71M0.65%newTimeline
IARTINTEGRA LIFESCIENCES HLDGS CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2022Q4: restricted; 2023Q1: restricted; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,786 shares 11,786$214K0.04%newTimeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
IWMISHARES TR SHSput1,480,200$327M-69,100
SPYSTATE STR SPDR S&P 500 ETF T SHSput408,500$234M+292,900
TSMTAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADSput42,800$7.43M-118,000

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
BANDWIDTH INCBANDWIDTH INC NOTE 0.500% 4/0principal24,173,000$18.8M0
EVENTBRITE INCEVENTBRITE INC NOTE 0.750% 9/1principal7,000,000$6.01M0
UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1principal6,514,000$5.85M0

Sold out in Q3 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
PROPERTYGURU GROUP LTDPROPERTYGURU GROUP LTD450,350$2.18Mshares
ZUORA INCZUORA INC202,121$2.01Mshares
HXLHEXCEL CORP NEW16,150$1.01Mshares
TLTISHARES TR3,000$275Kshares
GLOBAL BLUE GROUP HOLDING A…GLOBAL BLUE GROUP HOLDING AG ORD …31,582$152Kshares

How Q3 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001929389-24-000011 base2024-11-14acceptance time not in the bulk data set