Iron Mountain
IRM
790 hedge funds and large institutions have $12B invested in Iron Mountain in 2023 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 303 increasing their positions, 266 reducing their positions, and 54 closing their positions.
106% more call options, than puts
Call options by funds: $169M | Put options by funds: $82.1M
37% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 54
14% more repeat investments, than reductions
Existing positions increased: 303 | Existing positions reduced: 266
1% more funds holding
Funds holding: 782 → 790 (+8)
4% more capital invested
Capital invested by funds: $11.5B → $12B (+$440M)
1.08% less ownership
Funds ownership: 78.75% → 77.68% (-1.1%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$153M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$43.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$29.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$22.9M |
| 5 |
Rockefeller Capital Management
New York
|
+$21.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$102M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$61.7M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$57.6M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$41.9M |
| 5 |
Barclays
London,
United Kingdom
|
-$32.3M |
IRM Hedge Fund Activity: Q1 2023 in Review
790 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Iron Mountain (IRM) for Q1 2023, worth a combined $12B — up 3.8% from $11.5B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new IRM positions and 54 closed out — a net gain of 20 holders — while 303 added to existing stakes and 266 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $153M. The largest seller was Invesco, cutting an estimated $102M.
- 790 institutional investors held Iron Mountain (IRM) as of Q1 2023, up from 782 in Q4 2022.
- Funds reported $12B of Iron Mountain stock for Q1 2023, up 3.8% quarter-over-quarter.
- 74 funds opened new Iron Mountain positions in Q1 2023 and 54 closed out, a net change of +20 holders.
- The largest Iron Mountain buyer in Q1 2023 was Cohen & Steers, an estimated $153M added.
- The largest Iron Mountain seller in Q1 2023 was Invesco, an estimated $102M sold.
Based on aggregated 13F filings for Q1 2023.