Intrepid Potash
IPI
90 hedge funds and large institutions have $161M invested in Intrepid Potash in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 19 closing their positions.
51% more call options, than puts
Call options by funds: $2.83M | Put options by funds: $1.88M
38% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 24
8% less funds holding
Funds holding: 98 → 90 (-8)
8.32% less ownership
Funds ownership: 58.89% → 50.57% (-8.3%)
12% less capital invested
Capital invested by funds: $183M → $161M (-$21.9M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCCM
Gate City Capital Management
Chicago,
Illinois
|
+$3.13M |
| 2 |
PA
Pinnacle Associates
New York
|
+$3.09M |
| 3 |
BlackRock
New York
|
+$1.09M |
| 4 |
Renaissance Technologies
New York
|
+$989K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$965K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Titleist Asset Management
San Antonio,
Texas
|
-$30.8M |
| 2 |
ACM
Azarias Capital Management
Berwyn,
Pennsylvania
|
-$1.2M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$979K |
| 4 |
D.E. Shaw & Co
New York
|
-$827K |
| 5 |
Norges Bank
Oslo,
Norway
|
-$759K |
IPI Hedge Fund Activity: Q3 2024 in Review
90 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Intrepid Potash (IPI) for Q3 2024, worth a combined $161M — down 12% from $183M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of IPI and 11 opened new positions — a net loss of 8 holders — while 24 trimmed existing stakes and 33 added.
The largest buyer was Gate City Capital Management, adding an estimated $3.13M. The largest seller was Titleist Asset Management, exiting entirely with an estimated $30.8M sold.
- 90 institutional investors held Intrepid Potash (IPI) as of Q3 2024, down from 98 in Q2 2024.
- Funds reported $161M of Intrepid Potash stock for Q3 2024, down 12% quarter-over-quarter.
- 11 funds opened new Intrepid Potash positions in Q3 2024 and 19 closed out, a net change of -8 holders.
- The largest Intrepid Potash buyer in Q3 2024 was Gate City Capital Management, an estimated $3.13M added.
- The largest Intrepid Potash seller in Q3 2024 was Titleist Asset Management, an estimated $30.8M sold.
Based on aggregated 13F filings for Q3 2024.