Iris Energy
IREN
53 hedge funds and large institutions have $66.9M invested in Iris Energy in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
20% more funds holding
Funds holding: 44 → 53 (+9)
2.8% less ownership
Funds ownership: 29.68% → 26.88% (-2.8%)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
12% less capital invested
Capital invested by funds: $76M → $66.9M (-$9.14M)
15% less call options, than puts
Call options by funds: $7.38M | Put options by funds: $8.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
BIT Capital
Berlin,
Germany
|
+$10.4M |
| 2 |
CM
CastleKnight Management
New York
|
+$1.41M |
| 3 |
QL
Quarry LP
New York
|
+$1.07M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$993K |
| 5 |
VanEck Associates
New York
|
+$980K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$6.1M |
| 2 |
Millennium Management
New York
|
-$1.65M |
| 3 |
GAM
Goldentree Asset Management
New York
|
-$712K |
| 4 |
RP
Regal Partners
Sydney, NSW,
Australia
|
-$639K |
| 5 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$546K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $1.48K | -$12K | -2,259 | -85% |
|
52
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| $705 | +$1.01K | +190 | New |
|
|
RF
53
Robinswood Financial
Kirkland,
Washington
| $44 | – | – | – |
|
|
PCM
54
Portolan Capital Management
Boston,
Massachusetts
| – | -$6.1M | -1,309,521 | Closed |
|
|
VIA
55
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$2.21M | -475,269 | Closed |
|
|
GAM
56
Goldentree Asset Management
New York
| – | -$712K | -152,810 | Closed |
|
|
AAP
57
Ardsley Advisory Partners
Stamford,
Connecticut
| – | -$466K | -100,000 | Closed |
|
58
Goldman Sachs
New York
| – | -$153K | -32,901 | Closed |
|
|
OQS
59
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$110K | -23,688 | Closed |
|
|
MWM
60
MBE Wealth Management
Tomah,
Wisconsin
| – | -$63.7K | -13,668 | Closed |
|
61
Group One Trading
Chicago,
Illinois
| – | -$39.8K | -7,474 | Closed |
|
62
Osaic Holdings
Scottsdale,
Arizona
| – | -$21.1K | -3,000 | Closed |
|
IREN Hedge Fund Activity: Q3 2023 in Review
53 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Iris Energy (IREN) for Q3 2023, worth a combined $66.9M — down 12% from $76M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new IREN positions and 9 closed out — a net gain of 9 holders — while 15 added to existing stakes and 17 trimmed.
The largest buyer was BIT Capital, adding an estimated $10.4M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $6.1M sold.
- 53 institutional investors held Iris Energy (IREN) as of Q3 2023, up from 44 in Q2 2023.
- Funds reported $66.9M of Iris Energy stock for Q3 2023, down 12% quarter-over-quarter.
- 18 funds opened new Iris Energy positions in Q3 2023 and 9 closed out, a net change of +9 holders.
- The largest Iris Energy buyer in Q3 2023 was BIT Capital, an estimated $10.4M added.
- The largest Iris Energy seller in Q3 2023 was Portolan Capital Management, an estimated $6.1M sold.
Based on aggregated 13F filings for Q3 2023.