Irenic Capital Management
Irenic Capital Management reported 43 stocks worth $1.4B in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are SNAP (9.6%), RAL (9.2%) and ITGR (8.5%). Compared with Q1 2026, the fund opened new positions in CPNG, DPC and MMSI, added to SHC, SNDA and RSVR, trimmed DBD, CMP and AHRT and sold out of BAND, FWRD and HPE.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  SNAP Snap Inc | $133M | 9.6% | 30M | No change | 2 of 8 | |
| 2 |  RAL Ralliant Corp | $128M | 9.2% | 1.7M | No change | 3 of 8 | |
| 3 |  ITGR Integer Hldgs Corp | $118M | 8.5% | 1.3M | No change | 3 of 8 | |
| 4 |  TFX Teleflex Incorporated | $110M | 7.9% | 870K | No change | 2 of 8 | |
| 5 |  SHC Sotera Health Co | $91.3M | 6.6% | 5.1M | +782K (+18%) | 8 of 8 | |
| 6 |  SNDA Sonida Senior Living Inc | $77.7M | 5.6% | 1.9M | +684K (+56%) | 3 of 8 | |
| 7 |  RSVR Reservoir Media Inc | $61.9M | 4.5% | 6.3M | +79K (+1%) | 8 of 8 | |
| 8 |  ALKT Alkami Technology Inc | $48.5M | 3.5% | 2.7M | No change | 3 of 8 | |
| 9 | THERAVANCE BIOPHARMA INC | $46.9M | 3.4% | 2.8M | No change | 8 of 8 | |
| 10 |  CPNG Coupang Inc | $43.2M | 3.1% | 2.5M | New position | 1 of 8 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
 BAND Bandwidth Inc | $37.6M | 42.2M |
 FWRD Forward Air Corp | $20.6M | 1.2M |
 HPE Hewlett Packard Enterprise C | $18.7M | 785K |
 NWS News Corp New | $16.9M | 594K |
 RYAM Rayonier Advanced Matls Inc | $15M | 1.4M |
🔒 Free account: see all 13.
Options
valued at the underlying shares| Stock | Type | Value | Shares | Change |
|---|---|---|---|---|
 IWM Ishares TR | Put | $428M | 1.4M | +119,200 |
 QQQ Invesco Qqq TR | Put | $173M | 235K | +235,400 |
 FSLR First Solar Inc | Call | $59M | 250K | +34,600 |
 SPY Spdr S&P 500 ETF TR | Put | $13.6M | 18K | +18,200 |
SNAP Snap Inc | Call | $9.4M | 2.1M | −3,648,500 |
🔒 Free account: see all 6.
Reported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 14, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Irenic Capital Management 13F FAQ
What does Irenic Capital Management own?
Irenic Capital Management reported 43 stocks worth $1.4B in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are SNAP (9.6%), RAL (9.2%) and ITGR (8.5%). The table above lists every position in the filing (the top 10 without an account).
What did Irenic Capital Management buy and sell in Q2 2026?
Compared with Q1 2026: 15 new positions, 9 added to, 6 trimmed and 13 sold out. New positions include CPNG, DPC and MMSI. It sold all of BAND, FWRD and HPE.
When will Irenic Capital Management file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is Irenic Capital Management's portfolio worth?
The Q2 2026 filing reports $1.4B in US stocks ($2.1B including options). That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.