Vault-13

INCANNEX HEALTHCARE INC IXHL

COM · Common Stock · CUSIP 45333F208

15 institutional holders -5 vs Q1 2026
454,683454.7k shares reported held*
3.8% of all shares outstanding*
$1.7mreported value*
6 new 4 added 2 reduced 11 sold out net sold ≈ $3.1m (-836.7k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 12.0m as of 2026-05-15, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.76. Options: 1 managers hold calls ($12.0k notional), 2 hold puts ($75.2k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

01020Q1 26: 20Q2 26: 1515Q1 26Q2 26
Numbers
QuarterHolders
Q1 202620
Q2 202615

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20k$40k$60k$80kQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $12.0kQ2 26 puts: $75.2kQ2 26P/C 6.25
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$12.0k$75.2k6.25

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +95,252+95.3k
JANE STREET GROUP, LLC New +78,195+78.2k
LPL Financial LLC Added +77,000+77.0k
AdvisorShares Investments LLC Added +36,365+36.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +28,771+28.8k
CITADEL ADVISORS LLC New +10,349+10.3k
CITIGROUP INC New +2,814+2.8k
COMMONWEALTH EQUITY SERVICES, LLC Added +1,917+1.9k
MORGAN STANLEY Added +1,493+1.5k
Caitong International Asset Management Co., Ltd New +4+4

Biggest sellers

Polar Asset Management Partners Inc. Sold out -625,000-625.0k
Ghisallo Capital Management LLC Sold out -162,855-162.9k
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Sold out -149,857-149.9k
Murchinson Ltd. Sold out -104,113-104.1k
Arete Wealth Advisors, LLC Sold out -73,167-73.2k
UBS Group AG Reduced -36,759-36.8k
Virtu Financial LLC Sold out -16,158-16.2k
JPMORGAN CHASE & CO Sold out -825-825
Larson Financial Group LLC Reduced -58-58
NATIONAL BANK OF CANADA /FI/ Sold out -45-45

Biggest calls

SIMPLEX TRADING, LLC New $12.0k3.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $62.0k16.5k shares
SIMPLEX TRADING, LLC New $13.2k3.5k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Polar Asset Management Partners Inc. 13G · institution new · filed 2026-08-14 7.0% new 900.0k≈ $3.4m 2026-08-14

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 148,178148.2k $557.1k $557.1k 0.00% Added +77.0k +77,000
2 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 95,25295.3k $358.1k $358.1k 0.00% New
3 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 78,19578.2k $294.0k $294.0k 0.00% New
4 AdvisorShares Investments LLC 0.03% of their portfolio BETHESDA, MD 60,86860.9k $228.9k $228.9k 0.03% Added +36.4k +36,365
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 28,77128.8k $108.2k $108.2k 0.00% New
6 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 14,02914.0k $52.8k $52.8k 0.00% Added +1.9k +1,917
7 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 10,34910.3k $38.9k $38.9k 0.00% New
8 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 6,3766.4k $24.0k $24.0k 0.00% Unchanged
9 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,6103.6k $13.6k $13.6k 0.00% Reduced -36.8k -36,759
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,5583.6k $13.4k $13.4k 0.00% Added +1.5k +1,493
11 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,8142.8k $10.6k $10.6k 0.00% New
12 Quent Capital, LLC 0.00% of their portfolio NEW YORK, NY 1,9281.9k $7.2k $7.2k 0.00% Unchanged
13 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 750750 $2.8k $2.8k 0.00% Unchanged
14 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 44 $15 $15 0.00% New
15 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 11 $4 $4 0.00% Reduced -58 -58