Intrepid Potash
IPI
117 hedge funds and large institutions have $218M invested in Intrepid Potash in 2025 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 29 increasing their positions, 38 reducing their positions, and 11 closing their positions.
200% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 11
186% more call options, than puts
Call options by funds: $6.33M | Put options by funds: $2.21M
38% more capital invested
Capital invested by funds: $157M → $218M (+$60.3M)
23% more funds holding
Funds holding: 95 → 117 (+22)
1.53% more ownership
Funds ownership: 54.44% → 55.96% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
24% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$9.17M |
| 2 |
JP Morgan Chase
New York
|
+$8.62M |
| 3 |
RA
Royce & Associates
New York
|
+$1.98M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.38M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Azarias Capital Management
Berwyn,
Pennsylvania
|
-$11M |
| 2 |
GCCM
Gate City Capital Management
Chicago,
Illinois
|
-$2.25M |
| 3 |
First Eagle Investment Management
New York
|
-$1.94M |
| 4 |
Renaissance Technologies
New York
|
-$1.91M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.6M |
IPI Hedge Fund Activity: Q1 2025 in Review
117 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Intrepid Potash (IPI) for Q1 2025, worth a combined $218M — up 38% from $157M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new IPI positions and 11 closed out — a net gain of 22 holders — while 29 added to existing stakes and 38 trimmed.
The largest buyer was Invenomic Capital Management, opening a new position worth an estimated $9.17M. The largest seller was Azarias Capital Management, cutting an estimated $11M.
- 117 institutional investors held Intrepid Potash (IPI) as of Q1 2025, up from 95 in Q4 2024.
- Funds reported $218M of Intrepid Potash stock for Q1 2025, up 38% quarter-over-quarter.
- 33 funds opened new Intrepid Potash positions in Q1 2025 and 11 closed out, a net change of +22 holders.
- The largest Intrepid Potash buyer in Q1 2025 was Invenomic Capital Management, an estimated $9.17M added.
- The largest Intrepid Potash seller in Q1 2025 was Azarias Capital Management, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2025.