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Livermore
Livermore
ZHEN

Irenic Capital Management LP

SEC CIK
0001929389
Latest filing
Aug 14, 2026

The latest 13F from Irenic Capital Management LP covers Q2 2026 (filed Aug 14, 2026): 43 long positions worth $1.39B. The top 10 holdings make up 61.9% of the portfolio, and the largest is Snap Inc (SNAP) at 9.6%. Livermore has 15 filings on Form 13F from this institution, going back to Q4 2022.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
15
Est. +$252.6M
Added
10
Est. +$109.8M
Reduced
6
Est. −$44.3M
Sold out
13
Est. −$147.0M

Top 5 holdings

Share of this quarter's portfolio value

  1. SNAPSnap Inc
    9.6%$133.2MHistory
  2. RALRalliant Corp
    9.2%$128.1MHistory
  3. ITGRInteger Holdings Corp
    8.5%$118.1MHistory
  4. TFXTeleflex Inc
    7.9%$110.3MHistory
  5. SHCSotera Health Co
    6.6%$91.3MHistory

Share of portfolio

Top 5 holdings and the other 38 positions, by share of portfolio value

  1. SNAP9.6%
  2. RAL9.2%
  3. ITGR8.5%
  4. TFX7.9%
  5. SHC6.6%
  6. Other 38 positions58.2%

Biggest buys

New and added positions, by estimated amount bought

  1. CPNGCoupang, Inc.
    +$43.2MNewHistory
  2. DPCDPC Holdings PLC
    +$41.2MNewHistory
  3. MMSIMerit Medical Systems Inc
    +$37.6MNewHistory
  4. ATKRAtkore Inc.
    +$37.5MAddedHistory
  5. SMASmartStop Self Storage REIT, Inc.
    +$28.5MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. CPNGCoupang, Inc.
    +3.11 pp0.0% → 3.1%History
  2. DPCDPC Holdings PLC
    +2.97 pp0.0% → 3.0%History
  3. MMSIMerit Medical Systems Inc
    +2.71 pp0.0% → 2.7%History
  4. ATKRAtkore Inc.
    +2.70 pp0.1% → 2.8%History
  5. SMASmartStop Self Storage REIT, Inc.
    +2.05 pp0.0% → 2.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Bandwidth Inc.05988JAD5
    −$37.6MSold out
  2. FWRDForward Air Corp
    −$20.6MSold outHistory
  3. HPEHewlett Packard Enterprise Co
    −$18.7MSold outHistory
  4. NWSNews Corp
    −$16.9MSold outHistory
  5. WSRWhitestone REIT
    −$16.3MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. Bandwidth Inc.05988JAD5
    −3.41 pp3.4% → 0.0%
  2. FWRDForward Air Corp
    −1.86 pp1.9% → 0.0%History
  3. HPEHewlett Packard Enterprise Co
    −1.70 pp1.7% → 0.0%History
  4. AIVApartment Investment & Management Co
    −1.56 pp1.9% → 0.3%History
  5. NWSNews Corp
    −1.54 pp1.5% → 0.0%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$1.39B
+$286.5M (+26.0%) vs. prior quarter
Positions
43
+2 vs. prior quarter
Top 10 concentration
61.9%
Top 10 as share of value
Turnover
15.4%
Q2 2026, one quarter
Average holding period
4.3 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2022), so positions held before then are understated.

13F filings by quarter

15 quarters, going back to Q4 2022. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $1.39B (Q2 2026)

Q4 2022: $188.4MQ1 2023: $240.5MQ2 2023: $291.4MQ3 2023: $326.2MQ4 2023: $461.8MQ1 2024: $390.7MQ2 2024: $412.1MQ3 2024: $569.9MQ4 2024: $656.4MQ1 2025: $659.6MQ2 2025: $454.6MQ3 2025: $509.2MQ4 2025: $762.9MQ1 2026: $1.10BQ2 2026: $1.39B
Q4 2022Q2 2026
13F filings of Irenic Capital Management LP by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202643$1.39BSNAPRALITGRvs. Q1 2026SEC
Q1 2026May 18, 202641$1.10BSNAPITGRTFXvs. Q4 2025SEC
Q4 2025Feb 17, 202645$762.9MITGRSHCTBPHvs. Q3 2025SEC
Q3 2025Nov 14, 202520$509.2MSHCPZZARSVRvs. Q2 2025SEC
Q2 2025Aug 14, 202520$454.6MTGIAIVRSVRvs. Q1 2025SEC
Q1 2025May 15, 202522$659.6MiShares TrTGIRSVRvs. Q4 2024SEC
Q4 2024Feb 14, 202520$656.4MBarnes Group IncEDRTGIvs. Q3 2024SEC
Q3 2024Nov 14, 202417$569.9MBarnes Group IncNWSEDRvs. Q2 2024SEC
Q2 2024Aug 14, 202418$412.1MBarnes Group IncNWSRSVRvs. Q1 2024SEC
Q1 2024May 14, 202420$390.7MBarnes Group IncNWSRSVRvs. Q4 2023SEC
Q4 2023Feb 14, 202420$461.8MNWSNWSABarnes Group Incvs. Q3 2023SEC
Q3 2023Nov 14, 202321$326.2MNWSNWSATBPHvs. Q2 2023SEC
Q2 2023Aug 14, 202313$291.4MNWSNWSATBPHvs. Q1 2023SEC
Q1 2023May 15, 202315$240.5MNWSNWSATBPHvs. Q4 2022SEC
Q4 2022Feb 14, 202310$188.4MNWSNWSATBPH–SEC

13D and 13G filings

Companies where Irenic Capital Management LP reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

2 companies, largest stake first.

Companies where Irenic Capital Management LP owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
RSVRReservoir Media, Inc.13D/A9.30%6.11M shares+0.10 ppfrom 9.20%Dec 20, 20236 filingsMar 2, 2026SEC
Barnes Group IncCommon Stock, par value $0.01 per share13D/A5.10%2.57M shares–Jan 29, 20243 filingsJan 22, 2025SEC

Latest filings

12 filings on file made by Irenic Capital Management LP or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Irenic Capital Management LP
CompanyFiled (ET)FormStakeChangeEvent dateFiling
RSVRReservoir Media, Inc.Mar 2, 20268:22 PM ET13D/A9.30%6.11M shares+0.10 ppfrom 9.20%Feb 26, 2026SEC
RSVRReservoir Media, Inc.Feb 3, 20268:28 PM ET13D/A9.20%6.06M shares–Jan 30, 2026SEC
DHDefinitive Healthcare Corp.May 15, 20254:05 PM ET13G/A0.00%0 shares–Below 5%Mar 31, 2025SEC
Barnes Group IncCommon Stock, par value $0.01 per shareJan 22, 20258:44 PM ET13D/A5.10%2.57M shares–Jan 22, 2025SEC
DHDefinitive Healthcare Corp.Oct 3, 202413GOld format–New–SEC
RSVRReservoir Media, Inc.Sep 30, 202413D/AOld format–––SEC
RSVRReservoir Media, Inc.Apr 26, 202413D/AOld format–––SEC
Barnes Group IncMar 7, 202413D/AOld format–––SEC
RSVRReservoir Media, Inc.Feb 28, 202413D/AOld format–––SEC
TBPHTheravance Biopharma, Inc.Feb 14, 202413GOld format–New–SEC
Barnes Group IncJan 29, 202413DOld format–New–SEC
RSVRReservoir Media, Inc.Dec 20, 202313DOld format–New–SEC