INDIE SEMICONDUCTOR INC INDI
CLASS A COM · Common Stock · CUSIP 45569U101
- SectorTechnology
- IndustrySemiconductors & Related Devices
- HeadquartersAliso Viejo, CA
- 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 ($705.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $3.56. Options: 13 managers hold calls ($33.1m notional), 11 hold puts ($10.4m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 122 |
| Q4 2022 | 137 |
| Q1 2023 | 169 |
| Q2 2023 | 174 |
| Q3 2023 | 171 |
| Q4 2023 | 178 |
| Q1 2024 | 174 |
| Q2 2024 | 186 |
| Q3 2024 | 176 |
| Q4 2024 | 193 |
| Q1 2025 | 188 |
| Q2 2025 | 183 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 105 | 71 |
| Q4 2023 | 110 | 60 |
| Q1 2024 | 91 | 79 |
| Q2 2024 | 102 | 71 |
| Q3 2024 | 84 | 86 |
| Q4 2024 | 114 | 67 |
| Q1 2025 | 102 | 85 |
| Q2 2025 | 104 | 85 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $3.6m | $4.3m | 1.19 |
| Q4 2024 | $26.3m | $4.5m | 0.17 |
| Q1 2025 | $13.4m | $4.1m | 0.31 |
| Q2 2025 | $33.1m | $10.4m | 0.32 |
Biggest buyers
| BAMCO INC /NY/ | Added | +4.8m |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Added | +4.1m |
| ROYAL BANK OF CANADA | Added | +2.2m |
| Granahan Investment Management, LLC | Added | +2.0m |
| VANGUARD GROUP INC | Added | +1.1m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +945.2k |
| PRIMECAP MANAGEMENT CO/CA/ | Added | +536.8k |
| STATE STREET CORP | Added | +472.3k |
| BlackRock, Inc. | Added | +468.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +402.2k |
Biggest sellers
| Artemis Investment Management LLP | Reduced | -3.5m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.3m |
| GOLDMAN SACHS GROUP INC | Reduced | -448.3k |
| FRED ALGER MANAGEMENT, LLC | Reduced | -434.7k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -385.9k |
| HARBOR CAPITAL ADVISORS, INC. | Reduced | -370.4k |
| Swiss National Bank | Sold out | -347.5k |
| TUDOR INVESTMENT CORP ET AL | Sold out | -332.3k |
| SG Americas Securities, LLC | Reduced | -323.0k |
| UBS Group AG | Reduced | -266.7k |
Biggest calls
| UBS Group AG | Unchanged | $15.1m4.3m shares |
| PEAK6 LLC | New | $4.7m1.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.0m1.1m shares |
| SIMPLEX TRADING, LLC | Added | $2.4m675.8k shares |
| CITADEL ADVISORS LLC | Added | $1.9m541.4k shares |
| GROUP ONE TRADING LLC | Reduced | $1.7m470.9k shares |
| JANE STREET GROUP, LLC | Added | $1.0m292.2k shares |
| IMC-Chicago, LLC | Added | $932.4k261.9k shares |
| WOLVERINE TRADING, LLC | Added | $582.0k159.9k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $356.0k100.0k shares |
Biggest puts
| WOLVERINE ASSET MANAGEMENT LLC | Added | $6.6m1.9m shares |
| SILVERBACK ASSET MANAGEMENT LLC | New | $3.2m901.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $310.4k87.2k shares |
| CITADEL ADVISORS LLC | Reduced | $117.5k33.0k shares |
| Walleye Capital LLC | Added | $80.1k22.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $47.3k13.0k shares |
| Walleye Trading LLC | New | $31.3k8.8k shares |
| GROUP ONE TRADING LLC | Reduced | $25.6k7.2k shares |
| SIMPLEX TRADING, LLC | Added | $18.0k5.2k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $4.3k12 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.
| Holder | Stake |
|---|---|
| BAMCO INC /NY/ 13G · institution -2.1 pts · filed 2025-11-14 | 10.9% |
| FRONTIER CAPITAL MANAGEMENT CO LLC 13G · institution +2.0 pts · filed 2025-08-14 | 9.2% |
| STATE STREET CORP 13G · institution +3.0 pts · filed 2026-08-07 | 8.8% |
| Granahan Investment Management, LLC 13G · institution -1.2 pts · filed 2025-11-14 | 8.8% |
| BlackRock, Inc. 13G · institution filed 2026-07-28 | 8.7% |
| FRONTIER CAPITAL MANAGEMENT CO LLC 13G · institution filed 2026-08-14 | 7.5% |
Fell to 5% or below in the last year: Neuberger Berman Group LLC (4.8%, 2026-06-04), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2025
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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 2 | $701.5k | $701.5k |
| Q4 2023 | 0 | — | 3 | $1.9m | $1.4m |
| Q1 2024 | 0 | — | 4 | $1.2m | $796.0k |
| Q2 2024 | 0 | — | 5 | $4.1m | $4.1m |
| Q3 2024 | 0 | — | 2 | $311.5k | $311.5k |
| Q4 2024 | 0 | — | 2 | $1.3m | $307.8k |
| Q1 2025 | 0 | — | 4 | $456.7k | $248.4k |
| Q2 2025 | 0 | — | 2 | $76.0k | $40.5k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-16 | Parekh Sonalee Elizabeth Director | Sold plan | $40.5k11.8k shares |
| 2025-06-02 | Wittmann Michael Chief Operating Officer | Sold | $35.5k13.7k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| PRIMECAP MANAGEMENT CO/CA/ 0.08% of their portfolio | 29.2m $103.8m | Added +536.8k |
| BAMCO INC /NY/ 0.24% of their portfolio | 25.3m $90.0m | Added +4.8m |
| Granahan Investment Management, LLC 2.82% of their portfolio | 19.5m $69.4m | Added +2.0m |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.59% of their portfolio | 18.0m $63.9m | Added +4.1m |
| BlackRock, Inc. 0.00% of their portfolio | 14.6m $52.0m | Added +468.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 13.9m $49.7m | Added +1.1m |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 10.1m $35.9m | Added +304.7k |
| STATE STREET CORP 0.00% of their portfolio | 8.1m $28.9m | Added +472.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.6m $16.3m | Added +396.4k |
| HARBOR CAPITAL ADVISORS, INC. 0.56% of their portfolio | 3.7m $13.3m | Reduced -370.4k |
| Artemis Investment Management LLP 0.14% of their portfolio | 3.0m $10.8m | Reduced -3.5m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.8m $9.9m | Added +2.2m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 2.7m $9.8m | Reduced -385.9k |
| UBS Group AG 0.00% of their portfolio | 1.9m $6.6m | Reduced -266.7k |
| GENERAL AMERICAN INVESTORS CO INC 0.44% of their portfolio | 1.8m $6.6m | Reduced -100.0k |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $6.3m | Added +302.7k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 1.6m $5.6m | Added +399.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.5m $5.4m | Added +137.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.5m $5.3m | Added +13.2k |
| Meros Investment Management, LP 2.52% of their portfolio | 1.5m $5.3m | Added +191.3k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.4m $5.0m | Reduced -2.3m |
| COMERICA BANK 0.02% of their portfolio | 1.3m $4.6m | Reduced -104.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 1.3m $4.5m | Reduced -88.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.3m $4.5m | Added +148.8k |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 1.2m $4.4m | Reduced -97.4k |
| P.A.W. CAPITAL CORP 7.03% of their portfolio | 1.0m $3.6m | Reduced -75.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 998.1k $3.6m | Added +945.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 961.6k $3.4m | Reduced -40.7k |
| MOODY NATIONAL BANK TRUST DIVISION 0.29% of their portfolio | 896.2k $3.2m | Added +174.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 892.8k $3.2m | Added +152.3k |
| FRED ALGER MANAGEMENT, LLC 0.01% of their portfolio | 806.8k $2.9m | Reduced -434.7k |
| MIZUHO MARKETS AMERICAS LLC 0.09% of their portfolio | 789.1k $2.8m | Reduced -88.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 622.2k $2.2m | Added +362.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 608.2k $2.2m | Added +402.2k |
| BARCLAYS PLC 0.00% of their portfolio | 539.6k $1.9m | Added +288.1k |
| Boston Partners 0.00% of their portfolio | 535.4k $1.9m | Reduced -8.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 523.7k $1.9m | Added +24.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 515.9k $1.8m | Reduced -448.3k |
| 1492 Capital Management LLC 0.79% of their portfolio | 483.7k $1.7m | Added +252.0k |
| Register Financial Advisors LLC 0.68% of their portfolio | 437.0k $1.6m | Unchanged |
| Nuveen, LLC 0.00% of their portfolio | 380.8k $1.4m | Reduced -21.5k |
| Malaga Cove Capital, LLC 0.53% of their portfolio | 377.8k $1.3m | Reduced -24.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 353.7k $1.3m | Reduced -123.8k |
| Verition Fund Management LLC 0.01% of their portfolio | 304.9k $1.1m | Added +33.9k |
| MYDA Advisors LLC 0.30% of their portfolio | 300.0k $1.1m | Reduced -230.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 299.3k $1.1m | Added +58.5k |
| Invesco Ltd. 0.00% of their portfolio | 268.7k $956.7k | Added +77.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 255.3k $908.9k | Added +13.5k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 250.8k $893.0k | Added +156.6k |
| CAXTON ASSOCIATES LLP 0.02% of their portfolio | 249.2k $887.2k | New |
| XTX Topco Ltd 0.03% of their portfolio | 214.4k $763.4k | New |
| IRONWOOD INVESTMENT MANAGEMENT LLC 0.37% of their portfolio | 211.6k $753.3k | Added +8.9k |
| RBF Capital, LLC 0.04% of their portfolio | 205.5k $731.6k | Reduced -247.9k |
| Creative Planning 0.00% of their portfolio | 205.2k $730.6k | Added +114.2k |
| Squarepoint Ops LLC 0.00% of their portfolio | 191.7k $682.4k | Added +105.4k |
| Bouvel Investment Partners, LLC 0.22% of their portfolio | 181.0k $644.3k | Reduced -5.1k |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.06% of their portfolio | 166.0k $590.8k | Unchanged |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 160.4k $571.0k | Added +102.7k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 154.7k $550.9k | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 148.7k $529.3k | Added +57.1k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 118.1k $420.6k | Added +18.5k |
| CITIGROUP INC 0.00% of their portfolio | 109.0k $387.9k | Reduced -55.7k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 106.2k $377.9k | Reduced -7.7k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 104.3k $371.2k | Reduced -17.4k |
| EMERALD ADVISERS, LLC 0.01% of their portfolio | 103.8k $369.4k | Reduced -19.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 96.9k $346.0k | Added +25.0k |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 86.5k $307.8k | Added +70.7k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 77.5k $276.0k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 70.5k $251.1k | Added +11.4k |
| SG Americas Securities, LLC 0.00% of their portfolio | 66.9k $238.0k | Reduced -323.0k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 60.9k $216.9k | Added +34.0k |
| Advisors Asset Management, Inc. 0.00% of their portfolio | 58.0k $206.5k | Reduced -2.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 53.7k $191.0k | Reduced -36.5k |
| CONNORS INVESTOR SERVICES INC 0.02% of their portfolio | 51.0k $181.6k | Added +10.0k |
| LPL Financial LLC 0.00% of their portfolio | 48.7k $173.4k | Added +31.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 47.6k $169.5k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 47.2k $168.0k | Reduced -547 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 46.2k $164.4k | Added +7.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 45.6k $162.4k | Added +3.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 45.4k $161.5k | Unchanged |
| Gibbs Wealth Management 0.03% of their portfolio | 44.7k $159.2k | Unchanged |
| Cresset Asset Management, LLC 0.00% of their portfolio | 44.5k $158.3k | Reduced -18.7k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 43.5k $154.8k | Added +7.3k |
| FMR LLC 0.00% of their portfolio | 42.4k $150.9k | Reduced -133.8k |
| SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio | 41.3k $147.0k | Unchanged |
| ProShare Advisors LLC 0.00% of their portfolio | 39.8k $141.6k | Added +3.3k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 39.6k $141.0k | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 39.3k $140.1k | Unchanged |
| Burk Holdings LLC 0.08% of their portfolio | 36.1k $128.5k | Unchanged |
| DARK FOREST CAPITAL MANAGEMENT LP 0.01% of their portfolio | 36.0k $128.0k | Reduced -33.4k |
| WEALTH EFFECTS LLC 0.05% of their portfolio | 34.0k $120.9k | Added +200 |
| American Trust 0.01% of their portfolio | 33.7k $120.0k | New |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.01% of their portfolio | 33.5k $119.4k | Reduced -1.7k |
| Y-Intercept (Hong Kong) Ltd 0.00% of their portfolio | 30.7k $109.4k | New |
| Callan Family Office, LLC 0.00% of their portfolio | 27.6k $98.2k | New |
| Bayesian Capital Management, LP 0.01% of their portfolio | 25.8k $91.8k | New |
| CIBC WORLD MARKETS CORP 0.00% of their portfolio | 23.9k $85.1k | Reduced -13.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 23.7k $84.5k | Added +12.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 22.6k $80.6k | Added +392 |
| Mariner, LLC 0.00% of their portfolio | 21.5k $76.4k | Added +548 |