Irenic Capital Management is based out of New York. Irenic Capital Management is a hedge fund with 7 clients and discretionary assets under management (AUM) of $521,127,790 (Form ADV from 2023-11-27). Their last reported 13F filing for Q4 2023 included $504,601,973 in managed 13F securities
and a top 10 holdings concentration of 86.04%. Irenic Capital Management's largest holding is News Inc. Class B with shares held of 5,226,744. Whalewisdom has at least 5 13F filings, 4 13D filings, and 1 13G filings
2023-12-31
Top Buys (13F)
Name | % Change |
---|---|
B Barnes Group Inc | 9.36% |
SPY SPDR S&P 500 ETF TRU (PUT) | 3.77% |
AIV Apartment Investment | 3.42% |
ENV Envestnet Inc | 2.82% |
SHC Sotera Health Co | 2.78% |
2023-12-31
Top Sells (13F)
Name | % Change |
---|---|
DEBT-TABU TABULA RASA HEALTHCA (PRN) | 6.2% |
NWSA News Inc. Class A | 2.77% |
IWM iShares Russell 2000 (PUT) | 1.93% |
AYX Alteryx Inc | 1.37% |
DEBT-BLAC BLACKLINE INC NOTE 3 (PRN) | 1.34% |
2023-12-31
13F Holdings Summary
Name | $ Change |
---|---|
NWS News Inc. Class B | 26.64% |
NWSA News Inc. Class A | 15.91% |
B Barnes Group Inc | 9.36% |
SHC Sotera Health Co | 7.46% |
TBPH Theravance Biopharma | 6.15% |
2023-12-31
13F Activity
Market Value | $0.50b, Prior: $352m |
New Purchases | 5 stocks |
Added To | 8 stocks |
Sold out of | 6 stocks |
Reduced holdings in | 6 stocks |
Top 10 Holdings % | 86.04% |
Turnover %[1] | 50% |
Turnover Alt %[2] | 8.94% |
Time Held Top 20 | 1.95 quarters |
Time Held Top 10 | 2.2 quarters |
Time Held All | 2 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31