Intrepid Potash
IPI
130 hedge funds and large institutions have $220M invested in Intrepid Potash in 2025 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 55 reducing their positions, and 26 closing their positions.
136% more call options, than puts
Call options by funds: $1.8M | Put options by funds: $765K
0.83% more ownership
Funds ownership: 58.23% → 59.06% (+0.83%)
7% less capital invested
Capital invested by funds: $237M → $220M (-$17.3M)
10% less funds holding
Funds holding: 144 → 130 (-14)
31% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 55
46% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCCM
Gate City Capital Management
Chicago,
Illinois
|
+$19M |
| 2 |
Renaissance Technologies
New York
|
+$1.82M |
| 3 |
BlackRock
New York
|
+$1.2M |
| 4 |
ACM
Azarias Capital Management
Berwyn,
Pennsylvania
|
+$943K |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$828K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.38M |
| 3 |
Millennium Management
New York
|
-$1.82M |
| 4 |
Jane Street
New York
|
-$1.6M |
| 5 |
JP Morgan Chase
New York
|
-$1.55M |
IPI Hedge Fund Activity: Q4 2025 in Review
130 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Intrepid Potash (IPI) for Q4 2025, worth a combined $220M — down 7.3% from $237M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of IPI and 14 opened new positions — a net loss of 12 holders — while 55 trimmed existing stakes and 38 added.
The largest buyer was Gate City Capital Management, adding an estimated $19M. The largest seller was Fidelity Investments, cutting an estimated $2.7M.
- 130 institutional investors held Intrepid Potash (IPI) as of Q4 2025, down from 144 in Q3 2025.
- Funds reported $220M of Intrepid Potash stock for Q4 2025, down 7.3% quarter-over-quarter.
- 14 funds opened new Intrepid Potash positions in Q4 2025 and 26 closed out, a net change of -12 holders.
- The largest Intrepid Potash buyer in Q4 2025 was Gate City Capital Management, an estimated $19M added.
- The largest Intrepid Potash seller in Q4 2025 was Fidelity Investments, an estimated $2.7M sold.
Based on aggregated 13F filings for Q4 2025.