Iron Mountain
940 hedge funds and large institutions have $19B invested in Iron Mountain in 2024 Q1 according to their latest regulatory filings, with 126 funds opening new positions, 310 increasing their positions, 329 reducing their positions, and 68 closing their positions.
85% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 68
26% more call options, than puts
Call options by funds: $141M | Put options by funds: $111M
16% more capital invested
Capital invested by funds: $16.4B → $19B (+$2.62B)
5% more funds holding
Funds holding: 892 → 940 (+48)
1.01% more ownership
Funds ownership: 80.27% → 81.28% (+1%)
6% less repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 329
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$110M |
| 2 |
Cohen & Steers
New York
|
+$85.4M |
| 3 |
Millennium Management
New York
|
+$65M |
| 4 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$60.8M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$57.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$102M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$59.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$51.5M |
| 4 |
Neuberger Berman Group
New York
|
-$42.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.1M |
IRM Hedge Fund Activity: Q1 2024 in Review
940 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Iron Mountain (IRM) for Q1 2024, worth a combined $19B — up 16% from $16.4B a quarter earlier.
Buyers outnumbered sellers: 126 funds opened new IRM positions and 68 closed out — a net gain of 58 holders — while 310 added to existing stakes and 329 trimmed.
The largest buyer was Centersquare Investment Management, adding an estimated $110M. The largest seller was Invesco, cutting an estimated $102M.
- 940 institutional investors held Iron Mountain (IRM) as of Q1 2024, up from 892 in Q4 2023.
- Funds reported $19B of Iron Mountain stock for Q1 2024, up 16% quarter-over-quarter.
- 126 funds opened new Iron Mountain positions in Q1 2024 and 68 closed out, a net change of +58 holders.
- The largest Iron Mountain buyer in Q1 2024 was Centersquare Investment Management, an estimated $110M added.
- The largest Iron Mountain seller in Q1 2024 was Invesco, an estimated $102M sold.
Based on aggregated 13F filings for Q1 2024.