IGC PHARMA INC IGC
COM NEW · Common Stock · CUSIP 45408X308
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersPotomac, MD
- FilingsSEC EDGAR
* 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: 98.8m as of 2026-03-11, 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 ≈ $0.26. Options: 1 managers hold calls ($867 notional), 0 hold puts (—).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 27 |
| Q4 2022 | 27 |
| Q1 2023 | 24 |
| Q2 2023 | 24 |
| Q3 2023 | 28 |
| Q4 2023 | 26 |
| Q1 2024 | 26 |
| Q2 2024 | 26 |
| Q3 2024 | 24 |
| Q4 2024 | 31 |
| Q1 2025 | 26 |
| Q2 2025 | 29 |
| Q3 2025 | 35 |
| Q4 2025 | 30 |
| Q1 2026 | 35 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 9 | 12 |
| Q3 2024 | 11 | 6 |
| Q4 2024 | 13 | 9 |
| Q1 2025 | 7 | 11 |
| Q2 2025 | 11 | 7 |
| Q3 2025 | 17 | 6 |
| Q4 2025 | 8 | 14 |
| Q1 2026 | 13 | 9 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $0 | $0 | — |
| Q3 2025 | $8.2k | $0 | 0.00 |
| Q4 2025 | $1.2k | $0 | 0.00 |
| Q1 2026 | $867 | $0 | 0.00 |
Biggest buyers
| GEODE CAPITAL MANAGEMENT, LLC | Added | +182.9k |
| Virtu Financial LLC | New | +23.2k |
| XTX Topco Ltd | Added | +22.3k |
| MORGAN STANLEY | Added | +17.4k |
| Schneider Downs Wealth Management Advisors, LP | New | +10.0k |
| HighTower Advisors, LLC | New | +10.0k |
| Wealthcare Advisory Partners LLC | New | +10.0k |
| Tower Research Capital LLC (TRC) | Added | +6.7k |
| CWM, LLC | New | +1.0k |
| COMMONWEALTH EQUITY SERVICES, LLC | Added | +500 |
Biggest sellers
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -435.7k |
| CITADEL ADVISORS LLC | Sold out | -277.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -32.4k |
| DEARBORN PARTNERS LLC | Reduced | -25.0k |
| UBS Group AG | Reduced | -11.8k |
| GROUP ONE TRADING LLC | Reduced | -3.4k |
| BANK OF AMERICA CORP /DE/ | Sold out | -1.8k |
| JONES FINANCIAL COMPANIES LLLP | Sold out | -110 |
| Root Financial Partners, LLC | Sold out | -100 |
Biggest calls
| SIMPLEX TRADING, LLC | Reduced | $8673.3k shares |
Biggest puts
| None |
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.
Insider purchases and sales in Q1 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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $200.0k | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.0m $274.4k | Added +182.9k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 718.4k $188.9k | First filing |
| BlackRock, Inc. 0.00% of their portfolio | 703.8k $185.1k | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 484.0k $127.3k | Reduced -435.7k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 415.9k $109.4k | First filing |
| STATE STREET CORP 0.00% of their portfolio | 200.8k $52.8k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 122.6k $32.2k | Reduced -32.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 113.4k $29.8k | Unchanged |
| LAWOOD & CO 0.02% of their portfolio | 75.0k $19.7k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 65.5k $17.2k | Unchanged |
| DEARBORN PARTNERS LLC 0.00% of their portfolio | 59.4k $15.6k | Reduced -25.0k |
| XTX Topco Ltd 0.00% of their portfolio | 50.6k $13.3k | Added +22.3k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 43.4k $11.4k | Unchanged |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 36.7k $9.6k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 35.1k $9.2k | Added +17.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 33.8k $8.9k | Added +500 |
| Virtu Financial LLC 0.00% of their portfolio | 23.2k $6.0k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 21.0k $5.5k | Added +6.7k |
| T3 Companies, LLC 0.01% of their portfolio | 20.0k $5.3k | Unchanged |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 14.9k $3.9k | First filing |
| HighTower Advisors, LLC 0.00% of their portfolio | 10.0k $2.6k | New |
| Schneider Downs Wealth Management Advisors, LP 0.00% of their portfolio | 10.0k $2.6k | New |
| Wealthcare Advisory Partners LLC 0.00% of their portfolio | 10.0k $2.6k | New |
| UBS Group AG 0.00% of their portfolio | 8.1k $2.1k | Reduced -11.8k |
| Trask Adam Roland 0.00% of their portfolio | 5.0k $1.3k | First filing |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 3.8k $989 | Reduced -3.4k |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 3.0k $780 | Unchanged |
| CWM, LLC 0.00% of their portfolio | 1.0k $263 | New |
| Caitlin John, LLC 0.00% of their portfolio | 200 $53 | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 101 $27 | Added +1 |
| Hurley Capital, LLC 0.00% of their portfolio | 100 $26 | Unchanged |
| DHJJ Financial Advisors, Ltd. 0.00% of their portfolio | 80 $22 | Unchanged |
| Napier Financial, LLC 0.00% of their portfolio | 58 $15 | New |
| Triumph Capital Management 0.00% of their portfolio | 2 $1 | Unchanged |
| Johnson Financial Group, Inc. 0.00% of their portfolio | 1 $1 | New |