Iris Energy
IREN
206 hedge funds and large institutions have $1.93B invested in Iris Energy in 2025 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 74 increasing their positions, 41 reducing their positions, and 32 closing their positions.
185% more capital invested
Capital invested by funds: $679M → $1.93B (+$1.25B)
141% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 32
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
80% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 41
27% more funds holding
Funds holding: 162 → 206 (+44)
10.85% more ownership
Funds ownership: 50.94% → 61.79% (+11%)
18% less call options, than puts
Call options by funds: $775M | Put options by funds: $949M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$70.2M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$41.4M |
| 3 |
Jane Street
New York
|
+$40.9M |
| 4 |
VARA
Value Aligned Research Advisors
Princeton,
New Jersey
|
+$26.5M |
| 5 |
SA
Situational Awareness
San Francisco,
California
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$59.3M |
| 2 |
Walleye Trading
New York
|
-$29.3M |
| 3 |
D.E. Shaw & Co
New York
|
-$21.4M |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$8.71M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$8.09M |
IREN Hedge Fund Activity: Q2 2025 in Review
206 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Iris Energy (IREN) for Q2 2025, worth a combined $1.93B — up 185% from $679M a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new IREN positions and 32 closed out — a net gain of 45 holders — while 74 added to existing stakes and 41 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $70.2M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $59.3M.
- 206 institutional investors held Iris Energy (IREN) as of Q2 2025, up from 162 in Q1 2025.
- Funds reported $1.93B of Iris Energy stock for Q2 2025, up 185% quarter-over-quarter.
- 77 funds opened new Iris Energy positions in Q2 2025 and 32 closed out, a net change of +45 holders.
- The largest Iris Energy buyer in Q2 2025 was Fidelity Investments, an estimated $70.2M added.
- The largest Iris Energy seller in Q2 2025 was BNP Paribas Financial Markets, an estimated $59.3M sold.
Based on aggregated 13F filings for Q2 2025.