We are live on ! Find out more
ICM

Irenic Capital Management Portfolio holdings

AUM $2.08B
1-Year Est. Return 19.87%
This Fund
S&P 500
This Quarter Est. Return
+17.05%
1 Year Est. Return
+19.87%
3 Year Est. Return
+93.64%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$2.08B
AUM Growth
+$547M
Cap. Flow
+$155M
Cap. Flow %
7.44%
Top 10 Hldgs %
66.34%
Holding
63
New
17
Increased
13
Reduced
7
Closed
14

Top Buys

Rank Stock Value
1
CPNG icon
Coupang
CPNG
+$44.9M
2
DPC
DPC Holdings PLC
DPC
+$40.9M
3
ATKR icon
Atkore
ATKR
+$37.2M
4
MMSI icon
Merit Medical Systems
MMSI
+$35.8M
5
SMA
SmartStop Self Storage REIT
SMA
+$27.8M

Top Sells

Rank Stock Value
1
FWRD icon
Forward Air
FWRD
+$20.6M
2
HPE icon
Hewlett Packard
HPE
+$18.7M
3
NWS icon
News Corp Class B
NWS
+$16.9M
4
WSR
Whitestone REIT
WSR
+$16.1M
5
RYAM icon
Rayonier Advanced Materials
RYAM
+$15M

Sector Composition

Rank Sector Weight
1 Miscellaneous 35.33%
2 Healthcare 23.37%
3 Technology 17.18%
4 Communication Services 10.63%
5 Real Estate 5.08%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IWM icon
1
PUT
iShares Russell 2000 ETF
IWM
$78.5B
$428M 20.57%
1,425,400
+119,200
+9% +$33.5M
QQQ icon
2
PUT
Invesco QQQ Trust
QQQ
$488B
$173M 8.33%
235,400
+170,800
+264% +$118M
SNAP icon
3
Snap
SNAP
$9.61B
$133M 6.4%
30,000,000
– –
RAL
4
Ralliant Corp
RAL
$7.44B
$128M 6.15%
1,740,218
– –
ITGR icon
5
Integer Holdings
ITGR
$4.28B
$118M 5.67%
1,264,259
+596
+0% +$52.9K
TFX icon
6
Teleflex
TFX
$5.55B
$110M 5.3%
870,000
– –
SHC icon
7
Sotera Health
SHC
$5.24B
$91.3M 4.38%
5,141,822
+782,474
+18% +$12.3M
SNDA icon
8
Sonida Senior Living
SNDA
$1.9B
$77.7M 3.73%
1,903,621
+683,874
+56% +$24.5M
RSVR
9
Reservoir Media
RSVR
$624M
$61.9M 2.97%
6,260,176
+79,000
+1% +$798K
FSLR icon
10
CALL
First Solar
FSLR
$22.5B
$59M 2.83%
250,100
+34,600
+16% +$8.11M
ALKT icon
11
Alkami Technology
ALKT
$2.19B
$48.5M 2.33%
2,675,151
– –
TBPH icon
12
Theravance Biopharma
TBPH
$883M
$46.9M 2.25%
2,760,948
– –
CPNG icon
13
Coupang
CPNG
$27.2B
$43.2M 2.07%
+2,484,979
New +$44.9M
DPC
14
DPC Holdings PLC
DPC
$6.32B
$41.2M 1.98%
+839,816
New +$40.9M
DBD icon
15
Diebold Nixdorf
DBD
$2.23B
$40.5M 1.95%
476,523
-4,034
-0.8% -$324K
ATKR icon
16
Atkore
ATKR
$3.18B
$38.6M 1.85%
507,613
+493,636
+3,532% +$37.2M
MMSI icon
17
Merit Medical Systems
MMSI
$5.16B
$37.6M 1.81%
+542,589
New +$35.8M
SPSC icon
18
SPS Commerce
SPSC
$2.98B
$34.2M 1.64%
597,704
– –
CMP icon
19
Compass Minerals
CMP
$1.04B
$33.3M 1.6%
1,068,378
-367,151
-26% -$10.4M
SMA
20
SmartStop Self Storage REIT
SMA
$1.78B
$28.5M 1.37%
+876,608
New +$27.8M
WK icon
21
Workiva
WK
$3.91B
$26.8M 1.29%
552,010
– –
BATRK icon
22
Atlanta Braves Holdings Series B
BATRK
$3.13B
$26.2M 1.26%
+504,983
New +$24.8M
FSLR icon
23
First Solar
FSLR
$22.5B
$23.4M 1.12%
98,989
+26,100
+36% +$6.12M
NOK icon
24
Nokia
NOK
$62.3B
$23M 1.1%
+1,730,000
New +$22.3M
COMP icon
25
Compass
COMP
$8.07B
$22.2M 1.06%
+1,796,898
New +$15M
1
2 3

Similar funds

TA
Tectonic Advisors Frisco, Texas $2.08B AUM 16.31% 1-Year Est. Return
KA
Kovack Advisors Ft. Lauderdale, Florida $2.08B AUM 38.95% 1-Year Est. Return
TFS
Thoroughbred Financial Services Brentwood, Tennessee $2.08B AUM 54.89% 1-Year Est. Return
NCMU
NAYA Capital Management (UK) London, United Kingdom $2.08B AUM 63.16% 1-Year Est. Return
CAM
Cidel Asset Management Toronto, Ontario, Ontario, Canada $2.08B AUM 24.89% 1-Year Est. Return
OPAM
Ocean Park Asset Management Santa Monica, California $2.08B AUM 5.32% 1-Year Est. Return
WFMPM
Woodley Farra Manion Portfolio Management Indianapolis, Indiana $2.08B AUM 14.48% 1-Year Est. Return
OAM
Ostrum Asset Management Paris, France $2.08B AUM 40.17% 1-Year Est. Return

Irenic Capital Management's Q2 2026 Portfolio in Review

As of Q2 2026, Irenic Capital Management held 63 positions worth $2.08B, up 36% from $1.54B the previous quarter. Its ten largest holdings account for 66% of the portfolio.

Irenic Capital Management deployed $155M of net new capital in Q2 2026, opening 17 new positions and adding to 13 existing holdings. Its largest new stake was Coupang: 2,484,979 shares worth $43.2M.

By sector, the portfolio is most concentrated in Miscellaneous at 35% of assets, up from 33% a quarter earlier, followed by Healthcare and Technology.

On the sell side, the largest reduction was Whitestone REIT, an estimated $16.1M trimmed.

  • Irenic Capital Management's largest Q2 2026 buy was Coupang: 2,484,979 shares worth $43.2M.
  • Irenic Capital Management added most to Atkore in Q2 2026, an estimated $37.2M increase.
  • Irenic Capital Management's biggest Q2 2026 reduction was Whitestone REIT, cutting an estimated $16.1M.
  • Irenic Capital Management fully exited Forward Air in Q2 2026, selling an estimated $20.6M.
  • Irenic Capital Management's ten largest holdings make up 66% of its $2.08B portfolio in Q2 2026.
  • Irenic Capital Management opened 17 new positions and closed 14 in Q2 2026.
  • Irenic Capital Management's portfolio value rose 36% quarter-over-quarter to $2.08B.

Based on Irenic Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.