Iris Energy
IREN
90 hedge funds and large institutions have $214M invested in Iris Energy in 2024 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 33 increasing their positions, 15 reducing their positions, and 15 closing their positions.
173% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 15
120% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 15
41% more funds holding
Funds holding: 64 → 90 (+26)
18% more capital invested
Capital invested by funds: $181M → $214M (+$33.4M)
0.62% more ownership
Funds ownership: 37.73% → 38.35% (+0.62%)
8% less call options, than puts
Call options by funds: $29.2M | Put options by funds: $31.9M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$16.1M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$15M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.3M |
| 4 |
BC
BIT Capital
Berlin,
Germany
|
+$9.82M |
| 5 |
Man Group
London,
United Kingdom
|
+$8.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$18.1M |
| 2 |
Two Sigma Advisers
New York
|
-$4.33M |
| 3 |
QL
Quarry LP
New York
|
-$3.68M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.44M |
| 5 |
Two Sigma Investments
New York
|
-$3.35M |
IREN Hedge Fund Activity: Q1 2024 in Review
90 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Iris Energy (IREN) for Q1 2024, worth a combined $214M — up 18% from $181M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new IREN positions and 15 closed out — a net gain of 26 holders — while 33 added to existing stakes and 15 trimmed.
The largest buyer was Norges Bank, opening a new position worth an estimated $16.1M. The largest seller was Platinum Investment Management, exiting entirely with an estimated $18.1M sold.
- 90 institutional investors held Iris Energy (IREN) as of Q1 2024, up from 64 in Q4 2023.
- Funds reported $214M of Iris Energy stock for Q1 2024, up 18% quarter-over-quarter.
- 41 funds opened new Iris Energy positions in Q1 2024 and 15 closed out, a net change of +26 holders.
- The largest Iris Energy buyer in Q1 2024 was Norges Bank, an estimated $16.1M added.
- The largest Iris Energy seller in Q1 2024 was Platinum Investment Management, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2024.