Irenic Capital Management LP holds a focused book of 41 stocks worth $1.1B as of Q1 2026 (disclosed May 18, 2026, a ~45-day 13F lag). This quarter they opened SNAP INC and trimmed DIEBOLD NIXDORF INC. Their largest long position is SNAP INC at 13% of the equity book. They also disclosed $361.2M in put options (a bearish bet) and $71.6M in call options (bullish), shown separately below and excluded from the equity book.
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curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1929389/holdings"
Use Arkolith to show Irenic Capital Management LP's latest holdings, largest changes, and filing provenance.
Top-heavy: focused book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
20% mapped to company sectors
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices, no cost basis
Bars show each stock's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Snap Inc CL A | $138.0M | 30.00M | 12.5% | ▲New New position | |
| 2 | Integer Hldgs Corp COM | $111.2M | 1.26M | 10.1% | —Held | |
| 3 | Teleflex Incorporated COM | $104.1M | 870.0K | 9.4% | ▲New New position | |
| 4 | Ralliant Corp COM | $72.4M | 1.74M | 6.6% | ▲+424% Added · +1.4M sh | |
| 5 | Sotera Health Co COM | $62.5M | 4.36M | 5.7% | ▲+15% Added · +561K sh | |
| 6 | Reservoir Media Inc COM | $60.5M | 6.18M | 5.5% | ▲+3.3% Added · +195K sh | |
| 7 | Theravance Biopharma Inc COM | $44.8M | 2.76M | 4.1% | —Held | |
| 8 | Alkami Technology Inc COM | $41.9M | 2.68M | 3.8% | ▲+27% Added · +569K sh | |
| 9 | Sonida Senior Living Inc COM | $39.3M | 1.22M | 3.6% | ▲11× Added · +1.1M sh | |
| 10 | Bandwidth Inc NOTE 0.500% 4/0 | $37.6M | 42.17M | 3.4% | —Held | |
| 11 | Diebold Nixdorf Inc COM SHS | $36.3M | 480.6K | 3.3% | ▼−25% Reduced · −164K sh | |
| 12 | Compass Minerals Intl Inc COM | $33.5M | 1.44M | 3.0% | ▲New New position | |
| 13 | SPS Comm Inc COM | $33.3M | 597.7K | 3.0% | ▲+32% Added · +146K sh | |
| 14 | Workiva Inc COM CL A | $32.9M | 552.0K | 3.0% | —Held | |
| 15 | Forward Air Corp COM | $20.6M | 1.23M | 1.9% | —Held | |
| 16 | Apartment Invt & Mgmt Co CL A | $20.5M | 5.03M | 1.9% | ▲+29% Added · +1.1M sh | |
| 17 | Whitestone REIT COM | $20.4M | 1.27M | 1.9% | ▲+293% Added · +943K sh | |
| 18 | Ah Rlty TR Inc COM | $19.2M | 3.49M | 1.7% | ▲New New position | |
| 19 | Hewlett Packard Enterprise C COM | $18.7M | 785.0K | 1.7% | ▲New New position | |
| 20 | Par Technology Corp NOTE 1.000% 1/1 | $17.3M | 22.23M | 1.6% | ▲New New position | |
| 21 | News Corp New CL B | $16.9M | 593.8K | 1.5% | —Held | |
| 22 | Rayonier Advanced Matls Inc COM | $15.0M | 1.36M | 1.4% | ▲New New position | |
| 23 | First Solar Inc COM | $14.4M | 72.9K | 1.3% | ▲10× Added · +66K sh | |
| 24 | Peakstone Realty Trust COMMON SHARES | $14.1M | 674.7K | 1.3% | ▲+100% Added · +338K sh | |
| 25 | Site CTRS Corp COM | $14.1M | 2.61M | 1.3% | —Held | |
| 26 | Janux Therapeutics Inc COM | $10.6M | 765.8K | 1.0% | ▲New New position | |
| 27 | Centuri Holdings Inc COM SHS | $10.4M | 354.8K | 0.9% | ▲+97% Added · +175K sh | |
| 28 | Surgery Partners Inc COM | $8.5M | 711.0K | 0.8% | ▲+740% Added · +626K sh | |
| 29 | Safeguard Acquisition Corp UNIT 99/99/9999 | $5.1M | 500.0K | 0.5% | —Held | |
| 30 | General Purp Acquisition Cor UNIT 12/03/2030 | $5.0M | 500.0K | 0.5% | —Held | |
| 31 | Adeia Inc COM | $4.8M | 199.9K | 0.4% | ▲New New position | |
| 32 | Elme Communities SH BEN INT | $3.8M | 1.91M | 0.3% | —Held | |
| 33 | Blend Labs Inc CL A | $3.7M | 2.20M | 0.3% | ▼−29% Reduced · −911K sh | |
| 34 | Highview Merger Corp ORD SH CL A | $3.1M | 450.0K | 0.3% | ▲+50% Added · +150K sh | |
| 35 | Ishares TR 1 3 YR TREAS BD | $2.5M | 30.0K | 0.2% | —Held | |
| 36 | Uniqure NV SHS | $1.6M | 100.0K | 0.1% | ▲New New position | |
| 37 | Atea Pharmaceuticals In COM | $1.6M | 301.7K | 0.1% | ▲New New position | |
| 38 | Fate Therapeutics Inc COM | $1.1M | 878.1K | 0.1% | ▲New New position | |
| 39 | Atkore Inc COM | $823K | 14.0K | 0.1% | —Held | |
| 40 | Vor Biopharma Inc COM NEW | $583K | 32.7K | 0.1% | ▲New New position | |
| 41 | Definitive Healthcare Corp CLASS A COM | $71K | 58.1K | 0.0% | ▲New New position |
Put / call positions from the 13F — totals include every disclosed option leg
| Type | Underlying | Notional value | Underlying shares |
|---|---|---|---|
| PUT · bearish | ISHARES RUSSELL 2000 ETFIWM | $323.9M | 1.3M |
| CALL · bullish | FIRST SOLAR INC | $42.5M | 216K |
| PUT · bearish | INVESCO QQQ TR | $37.3M | 65K |
| CALL · bullish | SNAP INC | $26.5M | 5.8M |
| CALL · bullish | STANDARDAERO INC | $2.6M | 100K |
13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.
As-of date vs the date the SEC received each filing
| Quarter | As of | Filed | Positions | Value | Form |
|---|---|---|---|---|---|
| Q1 2026 | Mar 31, 2026 | May 18, 2026 | 47 | $1.5B | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 17, 2026 | 46 | $1.5B | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Nov 14, 2025 | 21 | $954.6M | 13F-HR |
| Q2 2025 | Jun 30, 2025 | Aug 14, 2025 | 22 | $677.6M | 13F-HR |
| Q1 2025 | Mar 31, 2025 | May 15, 2025 | 22 | $659.6M | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Feb 14, 2025 | 25 | $931.0M | 13F-HR |
| Q3 2024 | Sep 30, 2024 | Nov 14, 2024 | 20 | $1.1B | 13F-HR |
| Q2 2024 | Jun 30, 2024 | Aug 14, 2024 | 21 | $817.3M | 13F-HR |
| Q1 2024 | Mar 31, 2024 | May 14, 2024 | 21 | $490.7M | 13F-HR |
| Q4 2023 | Dec 31, 2023 | Feb 14, 2024 | 22 | $504.6M | 13F-HR |
| Q3 2023 | Sep 30, 2023 | Nov 14, 2023 | 23 | $352.3M | 13F-HR |
| Q2 2023 | Jun 30, 2023 | Aug 14, 2023 | 15 | $334.9M | 13F-HR |
| Q1 2023 | Mar 31, 2023 | May 15, 2023 | 19 | $289.9M | 13F-HR |
| Q4 2022 | Dec 31, 2022 | Feb 14, 2023 | 13 | $208.5M | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.