INTREPID POTASH INC IPI
COM · Common Stock · CUSIP 46121Y201 · ISIN US46121Y2019
Fertilizer manufacturing company based in Denver, Colorado, United States
- SectorMaterials
- IndustryMining & Quarrying of Nonmetallic Minerals (No Fuels)
- HeadquartersDenver, CO
- Websiteintrepidpotash.com
- 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 ($2.9m this quarter). Holder counts are more reliable. Shares outstanding: 13.5m as of 2026-07-31, 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 ≈ $32.80. Options: 5 managers hold calls ($4.1m notional), 6 hold puts ($4.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 145 |
| Q4 2022 | 126 |
| Q1 2023 | 113 |
| Q2 2023 | 92 |
| Q3 2023 | 95 |
| Q4 2023 | 92 |
| Q1 2024 | 92 |
| Q2 2024 | 98 |
| Q3 2024 | 90 |
| Q4 2024 | 96 |
| Q1 2025 | 118 |
| Q2 2025 | 140 |
| Q3 2025 | 143 |
| Q4 2025 | 129 |
| Q1 2026 | 161 |
| Q2 2026 | 151 |
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 2024 | 42 | 43 |
| Q4 2024 | 51 | 27 |
| Q1 2025 | 62 | 48 |
| Q2 2025 | 89 | 46 |
| Q3 2025 | 70 | 58 |
| Q4 2025 | 51 | 81 |
| Q1 2026 | 91 | 64 |
| Q2 2026 | 86 | 76 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $12.3m | $1.8m | 0.15 |
| Q4 2025 | $1.8m | $765.3k | 0.42 |
| Q1 2026 | $15.6m | $4.5m | 0.29 |
| Q2 2026 | $4.1m | $4.3m | 1.03 |
Biggest buyers
| First Eagle Investment Management, LLC | Added | +495.9k |
| BlackRock, Inc. | Added | +237.4k |
| AMERICAN CENTURY COMPANIES INC | Added | +196.3k |
| PANAGORA ASSET MANAGEMENT INC | Added | +79.0k |
| CITADEL ADVISORS LLC | Added | +63.7k |
| NATIXIS | New | +56.4k |
| Nuveen, LLC | Added | +55.5k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +49.2k |
| Pacer Advisors, Inc. | New | +40.2k |
| DIMENSIONAL FUND ADVISORS LP | Added | +38.0k |
Biggest sellers
| Driehaus Capital Management LLC | Reduced | -183.9k |
| JPMORGAN CHASE & CO | Reduced | -124.6k |
| SG Americas Securities, LLC | Reduced | -95.2k |
| MORGAN STANLEY | Reduced | -87.4k |
| Massar Capital Management, LP | Sold out | -55.8k |
| Point72 Asset Management, L.P. | Sold out | -53.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -52.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -42.5k |
| GSA CAPITAL PARTNERS LLP | Sold out | -41.0k |
| LAZARD ASSET MANAGEMENT LLC | Sold out | -37.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.8m56.2k shares |
| CITADEL ADVISORS LLC | Reduced | $747.4k22.8k shares |
| JANE STREET GROUP, LLC | Reduced | $675.3k20.6k shares |
| IMC-Chicago, LLC | Reduced | $668.7k20.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $213.1k6.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.1m64.8k shares |
| JANE STREET GROUP, LLC | Added | $822.8k25.1k shares |
| CITADEL ADVISORS LLC | Reduced | $708.0k21.6k shares |
| IMC-Chicago, LLC | Reduced | $576.9k17.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $45.9k1.4k shares |
| GROUP ONE TRADING LLC | Reduced | $9.8k300 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-05 | 7.1% |
Fell to 5% or below in the last year: GATE CITY CAPITAL MANAGEMENT, LLC (1.7%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-27)
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.
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 1 | $217.2k | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-05-12 | Lancaster Lori A Director | Sold | $217.2k4.8k 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 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 1.2m $37.9m | Added +237.4k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 772.4k $25.3m | Added +38.0k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 647.1k $21.2m | Added +495.9k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 524.9k $17.2m | Added +196.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 513.6k $16.8m | Added +3.9k |
| Goehring & Rozencwajg Associates, LLC 0.56% of their portfolio | 297.9k $9.8m | Added +30.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 278.8k $9.1m | Added +19.0k |
| GATE CITY CAPITAL MANAGEMENT, LLC 2.08% of their portfolio | 244.3k $8.0m | Added +20.0k |
| STATE STREET CORP 0.00% of their portfolio | 242.3k $7.9m | Added +3.6k |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 224.1k $7.3m | Added +28.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 208.6k $6.8m | Added +14.3k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 191.9k $6.3m | Reduced -5.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 184.9k $6.1m | Added +13.8k |
| Azarias Capital Management, L.P. 2.54% of their portfolio | 178.3k $5.8m | Added +4.6k |
| Nuveen, LLC 0.00% of their portfolio | 169.7k $5.6m | Added +55.5k |
| MORGAN STANLEY 0.00% of their portfolio | 142.5k $4.7m | Reduced -87.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 142.3k $4.7m | Added +63.7k |
| Driehaus Capital Management LLC 0.02% of their portfolio | 130.0k $4.3m | Reduced -183.9k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 120.0k $3.9m | Reduced -7.0k |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 118.4k $3.9m | Added +79.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 111.4k $3.7m | Added +29.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 102.3k $3.4m | Reduced -52.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 101.9k $3.3m | Added +20.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 101.7k $3.4m | Reduced -124.6k |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 88.7k $2.9m | Added +30.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 81.5k $2.7m | Reduced -5.0k |
| Empowered Funds, LLC 0.01% of their portfolio | 81.4k $2.7m | Reduced -7.0k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 70.9k $2.3m | Reduced -483 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 64.1k $2.1m | Added +28.8k |
| PDT Partners, LLC 0.11% of their portfolio | 61.9k $2.0m | Unchanged |
| Glenorchy Capital Ltd 1.25% of their portfolio | 61.0k $2.0m | Reduced -229 |
| NATIXIS 0.01% of their portfolio | 56.4k $1.8m | New |
| Quantinno Capital Management LP 0.00% of their portfolio | 55.2k $1.8m | Added +26.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 54.5k $1.8m | Added +3.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 53.9k $1.8m | Added +49.2k |
| Peapod Lane Capital LLC 1.02% of their portfolio | 46.2k $1.5m | Added +87 |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 45.7k $1.5m | Reduced -13.0k |
| Pacer Advisors, Inc. 0.00% of their portfolio | 40.2k $1.3m | New |
| Invesco Ltd. 0.00% of their portfolio | 34.0k $1.1m | Added +4.2k |
| UBS Group AG 0.00% of their portfolio | 33.6k $1.1m | Added +14.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 33.2k $1.1m | Added +3.3k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 33.1k $1.1m | Added +88 |
| Integrated Quantitative Investments LLC 0.18% of their portfolio | 32.8k $1.1m | New |
| Trexquant Investment LP 0.01% of their portfolio | 30.6k $1.0m | New |
| Engineers Gate Manager LP 0.01% of their portfolio | 30.2k $988.9k | Reduced -22.9k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 29.0k $950.5k | Added +18.3k |
| Creative Planning 0.00% of their portfolio | 28.3k $928.4k | Added +13.4k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 27.5k $900.2k | Added +5.4k |
| Susquehanna Portfolio Strategies, LLC 0.01% of their portfolio | 26.7k $874.8k | Reduced -6.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 25.9k $850.4k | Added +778 |
| Quadrature Capital Ltd 0.01% of their portfolio | 24.6k $806.2k | Added +9.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 21.6k $707.0k | Reduced -9.3k |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 21.1k $691.5k | Added +10.4k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 21.0k $688.1k | Added +10.0k |
| Cetera Investment Advisers 0.00% of their portfolio | 20.8k $683.4k | Added +5.8k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 20.5k $671.1k | Reduced -22.4k |
| Legato Capital Management LLC 0.05% of their portfolio | 19.9k $651.4k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 17.6k $578.0k | Reduced -14.4k |
| Campbell & CO Investment Adviser LLC 0.03% of their portfolio | 17.6k $577.4k | Reduced -11.3k |
| Aquatic Capital Management LLC 0.02% of their portfolio | 17.2k $562.7k | New |
| LPL Financial LLC 0.00% of their portfolio | 16.7k $548.1k | Added +6.4k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 16.5k $540.7k | Added +4.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 15.9k $522.5k | Reduced -11.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 14.4k $472.8k | Added +331 |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 14.4k $470.9k | Added +7.2k |
| Encompass More Asset Management 0.07% of their portfolio | 14.0k $459.4k | New |
| XTX Topco Ltd 0.01% of their portfolio | 14.0k $458.4k | Added +4.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 13.4k $440.2k | Reduced -42.5k |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 13.4k $440.1k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 12.9k $423.4k | Added +5.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 12.7k $416.2k | Added +5.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 12.3k $524.7k | Added +2.3k |
| Advisors Asset Management, Inc. 0.01% of their portfolio | 12.2k $399.9k | Added +5.5k |
| STRS OHIO 0.00% of their portfolio | 11.0k $360.6k | New |
| ArrowMark Colorado Holdings LLC 0.01% of their portfolio | 10.2k $332.7k | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 9.0k $295.3k | Reduced -82 |
| Hillsdale Investment Management Inc. 0.01% of their portfolio | 8.8k $288.5k | Reduced -2.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 8.7k $287.0k | Added +334 |
| EntryPoint Capital, LLC 0.07% of their portfolio | 8.7k $284.9k | Added +1.2k |
| State of Wyoming 0.03% of their portfolio | 8.7k $283.9k | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 8.6k $283.0k | Reduced -5.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 8.0k $263.1k | Unchanged |
| Rossby Financial, LCC 0.04% of their portfolio | 7.5k $245.8k | Unchanged |
| MARSHALL WACE, LLP 0.00% of their portfolio | 7.2k $235.5k | New |
| Sterling Capital Management LLC 0.00% of their portfolio | 7.0k $230.5k | Reduced -132 |
| Cornerstone Investment Partners, LLC 0.01% of their portfolio | 6.8k $221.3k | Reduced -323 |
| ZACKS INVESTMENT MANAGEMENT 0.00% of their portfolio | 6.7k $220.3k | Reduced -26 |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 6.7k $219.4k | Reduced -1.5k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 6.5k $214.3k | Added +1.8k |
| Marquette Asset Management, LLC 0.03% of their portfolio | 6.5k $211.9k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 6.4k $210.3k | Added +541 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 6.0k $195.4k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 5.4k $178.1k | Reduced -391 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 5.1k $168.5k | Reduced -69 |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 4.0k $130.4k | Added +1.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.9k $127.9k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 3.5k $116.0k | Reduced -95.2k |
| FMR LLC 0.00% of their portfolio | 2.6k $86.4k | Reduced -3.4k |
| Legal & General Group Plc 0.00% of their portfolio | 2.3k $74.0k | Added +147 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 1.8k $59.8k | Unchanged |