Iris Energy
IREN
143 hedge funds and large institutions have $508M invested in Iris Energy in 2024 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 54 increasing their positions, 29 reducing their positions, and 47 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 29
2% more funds holding
Funds holding: 140 → 143 (+3)
9% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 47
9% less call options, than puts
Call options by funds: $150M | Put options by funds: $165M
21.81% less ownership
Funds ownership: 53.75% → 31.94% (-22%)
43% less capital invested
Capital invested by funds: $891M → $508M (-$383M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
BIT Capital
Berlin,
Germany
|
+$49.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$21.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$16.7M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
+$11M |
| 5 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$6.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHP
Castle Hook Partners
New York
|
-$77.5M |
| 2 |
MCM
Moore Capital Management
New York
|
-$61.7M |
| 3 |
Morgan Stanley
New York
|
-$32.4M |
| 4 |
VCM
Valiant Capital Management
San Francisco,
California
|
-$28.5M |
| 5 |
JCM
JAT Capital Management
Greenwich,
Connecticut
|
-$27.1M |
IREN Hedge Fund Activity: Q3 2024 in Review
143 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Iris Energy (IREN) for Q3 2024, worth a combined $508M — down 43% from $891M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new IREN positions and 47 closed out — a net gain of 4 holders — while 54 added to existing stakes and 29 trimmed.
The largest buyer was BIT Capital, adding an estimated $49.6M. The largest seller was Castle Hook Partners, exiting entirely with an estimated $77.5M sold.
- 143 institutional investors held Iris Energy (IREN) as of Q3 2024, up from 140 in Q2 2024.
- Funds reported $508M of Iris Energy stock for Q3 2024, down 43% quarter-over-quarter.
- 51 funds opened new Iris Energy positions in Q3 2024 and 47 closed out, a net change of +4 holders.
- The largest Iris Energy buyer in Q3 2024 was BIT Capital, an estimated $49.6M added.
- The largest Iris Energy seller in Q3 2024 was Castle Hook Partners, an estimated $77.5M sold.
Based on aggregated 13F filings for Q3 2024.