Irenic Capital Management LP Q4 2025 Filing
Filed February 17, 2026
Portfolio Value
$1.5B
Holdings
46
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (46 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | AQLTISHARES TR RUSSELL 2000 ETF | 2,940,900 | $723.9M | 48.69% | Put |
| 2 | ITGRINTEGER HLDGS CORP | 1,263,663 | $99.1M | 6.67% | |
| 3 | SHCSOTERA HEALTH CO | 3,798,026 | $67.0M | 4.51% | |
| 4 | TBPHTHERAVANCE BIOPHARMA INC | 2,760,948 | $51.7M | 3.47% | |
| 5 | ALKTALKAMI TECHNOLOGY INC | 2,106,448 | $48.6M | 3.27% | |
| 6 | WKWORKIVA INC | 552,010 | $47.6M | 3.20% | |
| 7 | RSVRRESERVOIR MEDIA INC | 5,986,176 | $45.3M | 3.05% | |
| 8 | DBDDIEBOLD NIXDORF INC | 644,057 | $43.7M | 2.94% | |
| 9 | HIHILLENBRAND INC | 1,351,604 | $42.9M | 2.88% | |
| 10 | SPSCSPS COMM INC | 452,066 | $40.3M | 2.71% | |
| 11 | BAND 0.5 04/01/28BANDWIDTH INC | 42,173,000 | $37.0M | 2.49% | |
| 12 | ELMEELME COMMUNITIES | 1,909,557 | $33.2M | 2.23% | |
| 13 | FWRDFORWARD AIR CORP | 1,229,819 | $30.7M | 2.07% | |
| 14 | AIVAPARTMENT INVT & MGMT CO | 3,890,324 | $23.1M | 1.55% | |
| 15 | NWSNEWS CORP NEW | 593,809 | $17.6M | 1.18% | |
| 16 | RALRALLIANT CORP | 332,042 | $16.9M | 1.14% | |
| 17 | SITCSITE CTRS CORP | 2,605,378 | $16.7M | 1.12% | |
| 18 | ADARRAY DIGITAL INFRASTRUCTURE | 235,294 | $12.6M | 0.85% | |
| 19 | PZZAPAPA JOHNS INTL INC | 325,108 | $12.5M | 0.84% | |
| 20 | TASKTASKUS INC | 954,425 | $11.3M | 0.76% | |
| 21 | BLNDBLEND LABS INC | 3,114,949 | $9.5M | 0.64% | |
| 22 | CWANCLEARWATER ANALYTICS HLDGS I | 250,000 | $6.0M | 0.41% | |
| 23 | SACSAFEGUARD ACQUISITION CORP | 500,000 | $5.0M | 0.34% | |
| 24 | —GENERAL PURP ACQUISITION COR | 500,000 | $5.0M | 0.34% | |
| 25 | PKSTPEAKSTONE REALTY TRUST | 336,817 | $4.8M | 0.33% | |
| 26 | CTRICENTURI HOLDINGS INC | 180,000 | $4.5M | 0.31% | |
| 27 | WSRWHITESTONE REIT | 322,176 | $4.5M | 0.30% | |
| 28 | SNDASONIDA SENIOR LIVING INC | 106,125 | $3.5M | 0.23% | |
| 29 | HVMCHIGHVIEW MERGER CORP | 300,000 | $3.0M | 0.20% | |
| 30 | ARRY 1 12/01/28ARRAY TECHNOLOGIES INC | 3,000,000 | $2.7M | 0.18% | |
| 31 | SHYISHARES TR | 30,000 | $2.5M | 0.17% | |
| 32 | MLABMESA LABS INC | 25,000 | $2.0M | 0.13% | |
| 33 | FSLRFIRST SOLAR INC | 7,000 | $1.8M | 0.12% | |
| 34 | WEAVWEAVE COMMUNICATIONS INC | 226,731 | $1.7M | 0.12% | |
| 35 | ICLRICON PLC | 8,000 | $1.5M | 0.10% | |
| 36 | SGRYSURGERY PARTNERS INC | 84,620 | $1.3M | 0.09% | |
| 37 | COOCOOPER COS INC | 15,000 | $1.2M | 0.08% | |
| 38 | AINALBANY INTL CORP | 20,000 | $1.0M | 0.07% | |
| 39 | ATKRATKORE INC | 13,977 | $884K | 0.06% | |
| 40 | LIONLIONSGATE STUDIOS CORP | 95,400 | $871K | 0.06% | |
| 41 | SAROSTANDARDAERO INC | 25,000 | $717K | 0.05% | |
| 42 | HSICHENRY SCHEIN INC | 4,000 | $302K | 0.02% | |
| 43 | I9DNARBUTUS BIOPHARMA CORP | 59,853 | $287K | 0.02% | |
| 44 | MRVIMARAVAI LIFESCIENCES HLDGS I | 80,668 | $262K | 0.02% | |
| 45 | GSMFERROGLOBE PLC | 10,000 | $46K | 0.00% | |
| 46 | HVMCHIGHVIEW MERGER CORP | 150,000 | $40K | 0.00% |