INNOVAGE HLDG CORP INNV
COM · Common Stock · CUSIP 45784A104
- SectorHealth care
- IndustryServices-Health Services
- HeadquartersDenver, CO
- FilingsSEC EDGAR
65
institutional holders
+0 vs Q2 2025
16.4m
shares reported held*
12.1%
of all shares outstanding*
$84.6mreported value*
9 new
28 added
18 reduced
8 sold out
net sold ≈ $271.4k (-52.6k 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 ($1.5k this quarter). Holder counts are more reliable. Shares outstanding: 135.6m as of 2025-09-02, 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 ≈ $5.16. Options: 3 managers hold calls ($202.1k notional), 0 hold puts (—).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 55 |
| Q4 2022 | 55 |
| Q1 2023 | 52 |
| Q2 2023 | 51 |
| Q3 2023 | 50 |
| Q4 2023 | 46 |
| Q1 2024 | 48 |
| Q2 2024 | 46 |
| Q3 2024 | 48 |
| Q4 2024 | 52 |
| Q1 2025 | 58 |
| Q2 2025 | 65 |
| Q3 2025 | 65 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 20 | 23 |
| Q1 2024 | 21 | 20 |
| Q2 2024 | 22 | 20 |
| Q3 2024 | 24 | 11 |
| Q4 2024 | 25 | 16 |
| Q1 2025 | 26 | 19 |
| Q2 2025 | 29 | 30 |
| Q3 2025 | 37 | 26 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $2.4k | $15.7k | 6.67 |
| Q1 2025 | $20.9k | $6.0k | 0.29 |
| Q2 2025 | $0 | $0 | — |
| Q3 2025 | $202.1k | $0 | 0.00 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | Added | +332.0k |
| Kent Lake PR LLC | Added | +42.6k |
| BlackRock, Inc. | Added | +35.0k |
| JANE STREET GROUP, LLC | Added | +24.4k |
| GOLDMAN SACHS GROUP INC | Added | +21.9k |
| JPMORGAN CHASE & CO | Added | +19.3k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | New | +11.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +6.9k |
| State of Alaska, Department of Revenue | New | +6.6k |
| AQR CAPITAL MANAGEMENT LLC | Added | +5.2k |
Biggest sellers
| CAMBIAR INVESTORS LLC | Sold out | -230.0k |
| WINNACLE WEALTH LLC | Sold out | -100.0k |
| Topline Capital Management, LLC | Sold out | -43.4k |
| CITADEL ADVISORS LLC | Reduced | -30.4k |
| Coliseum Capital Management, LLC | Reduced | -29.3k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -23.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Sold out | -23.3k |
| HRT FINANCIAL LP | Sold out | -21.0k |
| MORGAN STANLEY | Reduced | -11.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -10.3k |
Biggest calls
| CITADEL ADVISORS LLC | New | $167.2k32.4k shares |
| GROUP ONE TRADING LLC | New | $29.9k5.8k shares |
| SIMPLEX TRADING, LLC | New | $5.0k1.0k 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 Q3 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)
BuyingSelling
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $71.1k | $71.1k |
| Q4 2024 | 0 | — | 1 | $10.9k | $10.9k |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 2 | $320.8k | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 5.6m $28.8m | Added +332.0k |
| Coliseum Capital Management, LLC 1.95% of their portfolio | 3.9m $20.0m | Reduced -29.3k |
| Kent Lake PR LLC 4.59% of their portfolio | 1.7m $9.0m | Added +42.6k |
| BlackRock, Inc. 0.00% of their portfolio | 1.3m $6.6m | Added +35.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.1m $5.8m | Added +4.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 553.5k $2.9m | Reduced -1.4k |
| WELCH CAPITAL PARTNERS LLC/NY 0.47% of their portfolio | 447.0k $2.3m | Reduced -1.8k |
| STATE STREET CORP 0.00% of their portfolio | 343.3k $1.8m | Added +945 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 282.4k $1.5m | Reduced -9.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 171.6k $885.6k | Added +6.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 150.9k $778.6k | Added +2.6k |
| Accordant Advisory Group Inc 0.35% of their portfolio | 100.0k $516.0k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 65.9k $340.0k | Reduced -30.4k |
| STRS OHIO 0.00% of their portfolio | 62.5k $322.5k | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 46.5k $240.0k | Reduced -3.2k |
| Nuveen, LLC 0.00% of their portfolio | 43.2k $223.1k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 42.9k $221.3k | Added +21.9k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 42.7k $220.3k | Added +24.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 38.9k $200.7k | Added +600 |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 37.4k $193.0k | Added +64 |
| WADDELL & ASSOCIATES, LLC 0.01% of their portfolio | 33.0k $170.4k | Added +10 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 32.0k $165.0k | Added +19.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 29.8k $153.5k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 29.7k $153.3k | Added +678 |
| BARCLAYS PLC 0.00% of their portfolio | 28.6k $147.3k | Reduced -6.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 23.0k $118.4k | Reduced -23.8k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 22.6k $116.4k | Added +5.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 17.4k $90.0k | Reduced -10.3k |
| MORGAN STANLEY 0.00% of their portfolio | 16.9k $87.2k | Reduced -11.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 14.4k $74.2k | Reduced -1.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 14.3k $73.9k | Added +2.3k |
| UBS Group AG 0.00% of their portfolio | 12.5k $64.4k | Added +4.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 11.5k $60.0k | Added +577 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 11.5k $59.3k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 11.1k $57.3k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 9.4k $48.8k | Reduced -1.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 8.1k $41.6k | Unchanged |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 6.6k $33.0k | New |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 5.0k $25.7k | Reduced -3.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 3.8k $19.5k | Added +1.5k |
| FMR LLC 0.00% of their portfolio | 3.1k $15.8k | Added +1.4k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 2.9k $14.8k | Added +813 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 2.5k $13.0k | Reduced -6.1k |
| CWM, LLC 0.00% of their portfolio | 1.8k $9.0k | Added +410 |
| Legal & General Group Plc 0.00% of their portfolio | 1.8k $9.3k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.8k $9.0k | Reduced -3.1k |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.4k $7.4k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 1.4k $7.2k | Reduced -62 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 1.4k $7.1k | Added +1 |
| Sterling Capital Management LLC 0.00% of their portfolio | 877 $4.5k | Added +341 |
| AMALGAMATED BANK 0.00% of their portfolio | 631 $3.0k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 493 $2.5k | Reduced -6.4k |
| Arax Advisory Partners 0.00% of their portfolio | 331 $1.7k | New |
| Optiver Holding B.V. 0.00% of their portfolio | 208 $1.1k | New |
| Essential Partners LLC 0.00% of their portfolio | 142 $733 | Added +95 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 81 $418 | Added +43 |
| GAMMA Investing LLC 0.00% of their portfolio | 55 $284 | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 50 $258 | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 47 $0 | New |
| Clearstead Advisors, LLC 0.00% of their portfolio | 26 $135 | New |
| Cloud Capital Management, LLC 0.00% of their portfolio | 13 $0 | New |
| Allworth Financial LP 0.00% of their portfolio | 10 $52 | Added +2 |
| IFP Advisors, Inc 0.00% of their portfolio | 5 $26 | Added +5 |
| True Wealth Design, LLC 0.00% of their portfolio | 5 $26 | Reduced -15 |
| Sunbelt Securities, Inc. 0.00% of their portfolio | 2 $10 | New |