IRIDEX
IRIX
29 hedge funds and large institutions have $26M invested in IRIDEX in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
32% more funds holding
Funds holding: 22 → 29 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.85% less ownership
Funds ownership: 29.68% → 24.84% (-4.8%)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
34% less capital inflows, than outflows
Capital inflows: $2.82M | Capital outflows: $4.27M
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $78K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
+$1.06M |
| 2 |
Wedge Capital Management
Charlotte,
North Carolina
|
+$633K |
| 3 |
Bridgeway Capital Management
Houston,
Texas
|
+$431K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$249K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$1.97M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$862K |
| 3 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
-$748K |
| 4 |
IP
Isthmus Partners
Madison,
Wisconsin
|
-$187K |
| 5 |
Renaissance Technologies
New York
|
-$141K |
IRIX Hedge Fund Activity: Q1 2021 in Review
29 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in IRIDEX (IRIX) for Q1 2021, worth a combined $26M — up 151% from $10.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new IRIX positions and 4 closed out — a net gain of 7 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was EAM Investors, opening a new position worth an estimated $1.06M. The largest seller was Invenomic Capital Management, cutting an estimated $1.97M.
- 29 institutional investors held IRIDEX (IRIX) as of Q1 2021, up from 22 in Q4 2020.
- Funds reported $26M of IRIDEX stock for Q1 2021, up 151% quarter-over-quarter.
- 11 funds opened new IRIDEX positions in Q1 2021 and 4 closed out, a net change of +7 holders.
- The largest IRIDEX buyer in Q1 2021 was EAM Investors, an estimated $1.06M added.
- The largest IRIDEX seller in Q1 2021 was Invenomic Capital Management, an estimated $1.97M sold.
Based on aggregated 13F filings for Q1 2021.