INTUITIVE MACHINES INC LUNR
CLASS A COM · Common Stock · CUSIP 46125A100 · ISIN US46125A1007
American space products and services company
- IndustrySearch, Detection, Navigation, Guidance, Aeronautical Sys
- HeadquartersHouston, TX
- Founded2013
- Websiteintuitivemachines.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 ($6.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.87. Options: 18 managers hold calls ($76.1m notional), 15 hold puts ($32.6m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2023 | 11 |
| Q2 2023 | 24 |
| Q3 2023 | 29 |
| Q4 2023 | 32 |
| Q1 2024 | 65 |
| Q2 2024 | 86 |
| Q3 2024 | 129 |
| Q4 2024 | 171 |
| Q1 2025 | 218 |
| Q2 2025 | 226 |
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 | 16 | 12 |
| Q4 2023 | 21 | 13 |
| Q1 2024 | 57 | 16 |
| Q2 2024 | 53 | 27 |
| Q3 2024 | 87 | 28 |
| Q4 2024 | 111 | 43 |
| Q1 2025 | 154 | 71 |
| Q2 2025 | 141 | 81 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $41.1m | $38.2m | 0.93 |
| Q4 2024 | $190.5m | $89.9m | 0.47 |
| Q1 2025 | $46.7m | $27.1m | 0.58 |
| Q2 2025 | $76.1m | $32.6m | 0.43 |
Biggest buyers
| BlackRock, Inc. | Added | +3.9m |
| ROYAL BANK OF CANADA | Added | +2.9m |
| TWO SIGMA ADVISERS, LP | Added | +1.4m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.1m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.1m |
| VANGUARD GROUP INC | Added | +951.5k |
| TWO SIGMA INVESTMENTS, LP | Added | +833.5k |
| TUDOR INVESTMENT CORP ET AL | New | +805.4k |
| Alyeska Investment Group, L.P. | New | +516.1k |
| GOLDMAN SACHS GROUP INC | Added | +514.0k |
Biggest sellers
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -1.3m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -1.3m |
| D. E. Shaw & Co., Inc. | Reduced | -817.7k |
| JANE STREET GROUP, LLC | Reduced | -378.9k |
| STATE STREET CORP | Reduced | -366.8k |
| Walleye Capital LLC | Sold out | -344.8k |
| LORD, ABBETT & CO. LLC | Sold out | -308.4k |
| CITADEL ADVISORS LLC | Reduced | -304.4k |
| MARSHALL WACE, LLP | Reduced | -284.9k |
| Jump Financial, LLC | Reduced | -230.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $27.3m2.5m shares |
| PEAK6 LLC | Added | $13.5m1.2m shares |
| CITADEL ADVISORS LLC | Reduced | $11.1m1.0m shares |
| IMC-Chicago, LLC | Reduced | $4.7m431.4k shares |
| WOLVERINE TRADING, LLC | Reduced | $4.3m395.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.6m331.1k shares |
| GROUP ONE TRADING LLC | Reduced | $3.5m318.9k shares |
| Walleye Trading LLC | Added | $2.0m182.8k shares |
| Walleye Capital LLC | Added | $1.9m176.0k shares |
| JANE STREET GROUP, LLC | Reduced | $1.4m127.2k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $10.1m932.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.5m690.4k shares |
| IMC-Chicago, LLC | Reduced | $3.2m293.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.5m232.5k shares |
| GROUP ONE TRADING LLC | Added | $2.1m191.1k shares |
| Walleye Trading LLC | Reduced | $1.8m166.6k shares |
| JANE STREET GROUP, LLC | Reduced | $1.7m157.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.3m119.4k shares |
| Walleye Capital LLC | Reduced | $1.2m106.9k shares |
| Squarepoint Ops LLC | Added | $533.7k49.1k 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 |
|---|---|
Ghaffarian Kamal Seyed
13D · may seek influence
no change · filed 2026-07-07
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented with the following: Entry into the 2026 10b5-1 Plan On July 2, 2026, Ghaffarian Enterprises, LLC entered into a trading plan (the "2026 10b5-1 Trading Plan") pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. Pursuant to the 2026 10b5-1 Trading Plan, a broker dealer will make periodic sales of up to an aggregate of 1,935,568 shares of Class A Common Stock on behalf of Ghaffarian Enterprises, LLC. Such number of shares represents less than 2% of the total outstanding shares of Class A Common Stock of the Issuer. The 2026 10b5-1 Trading Plan is being entered into solely to generate liquidity for Ghaffarian Enterprises, LLC. Sales under the 2026 10b5-1 Trading Plan will not commence until after the exp… Full filing |
19.7% |
| ADVENT INTERNATIONAL, L.P. 13G · passive investor new · filed 2026-01-20 | 16.0% |
| Altemus Stephen J 13G · exempt (held before listing) filed 2026-02-17 | 9.8% |
| Crain Timothy Price II 13G · exempt (held before listing) filed 2026-02-17 | 7.1% |
| BlackRock, Inc. 13G · institution +1.0 pts · filed 2026-07-28 | 6.9% |
| STATE STREET CORP 13G · institution new · filed 2025-02-05 | 5.5% |
Fell to 5% or below in the last year: BANK OF NOVA SCOTIA (3.2%, 2026-10-19), Voya Financial, Inc. (4.7%, 2026-08-06), SUSQUEHANNA SECURITIES, LLC (3.1%, 2026-05-15), 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 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 2 | $19.2m | — |
| Q3 2024 | 0 | — | 5 | $44.8m | $37.1m |
| Q4 2024 | 0 | — | 4 | $51.2m | $49.7m |
| Q1 2025 | 0 | — | 2 | $6.9m | $6.9m |
| Q2 2025 | 0 | — | 3 | $4.4m | $4.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-06 | Ghaffarian Kamal Seyed +3 Director | Sold plan | $484.7k40.3k shares |
| 2025-05-19 | Ghaffarian Kamal Seyed +3 Director · See footnotes | Sold plan | $483.9k40.3k shares |
| 2025-05-13 | Ghaffarian Kamal Seyed +3 Director · See footnotes | Sold plan | $1.9m161.0k shares |
| 2025-05-13 | McGrath Peter SVP and CFO | Sold plan | $866.0k72.2k shares |
| 2025-05-12 | Jones Anna Chiara GC & Corporate Secretary | Sold plan | $145.2k14.5k shares |
| 2025-04-15 | McGrath Peter SVP and CFO | Sold plan | $292.3k37.9k shares |
| 2025-04-15 | Jones Anna Chiara GC & Corporate Secretary | Sold plan | $72.9k9.5k shares |
| 2025-04-14 | Jones Anna Chiara GC & Corporate Secretary | Sold plan | $116.1k14.5k 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 |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 8.0m $86.7m | Added +3.9m |
| STATE STREET CORP 0.00% of their portfolio | 6.5m $71.2m | Reduced -366.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.4m $58.4m | Added +951.5k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 3.3m $35.3m | Reduced -817.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.9m $31.2m | Added +2.9m |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 2.8m $30.2m | Added +1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.6m $28.2m | Added +1.1m |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 2.6m $28.0m | Added +833.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.3m $24.6m | Added +72.4k |
| Gotham Asset Management, LLC 0.13% of their portfolio | 2.0m $22.2m | Reduced -72.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 1.7m $18.5m | Reduced -1.3m |
| UBS Group AG 0.00% of their portfolio | 1.7m $18.0m | Added +191.7k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 1.4m $15.4m | Added +1.4m |
| CPMG Inc 61.18% of their portfolio | 1.2m $13.5m | Unchanged |
| ARK Investment Management LLC 0.09% of their portfolio | 1.2m $12.6m | Added +416.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 994.3k $10.8m | Added +514.0k |
| National Philanthropic Trust 0.13% of their portfolio | 870.0k $9.5m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 851.5k $9.3m | Added +417.1k |
| TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio | 805.4k $8.8m | New |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 790.4k $8.6m | Reduced -304.4k |
| GROUP ONE TRADING LLC 0.27% of their portfolio | 753.5k $8.2m | Added +305.1k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 544.0k $5.9m | Added +38.1k |
| MORGAN STANLEY 0.00% of their portfolio | 542.2k $5.9m | Reduced -180.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 541.0k $5.9m | Added +493.4k |
| Alyeska Investment Group, L.P. 0.02% of their portfolio | 516.1k $5.6m | New |
| Nuveen, LLC 0.00% of their portfolio | 495.4k $5.4m | Reduced -15.8k |
| Palisades Investment Partners, LLC 1.86% of their portfolio | 391.2k $4.3m | Reduced -10.5k |
| Trexquant Investment LP 0.05% of their portfolio | 387.1k $4.2m | Added +203.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 386.8k $4.2m | Reduced -38.0k |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 372.2k $4.0m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 356.9k $3.9m | Added +97.2k |
| Amova Asset Management Americas, Inc. 0.04% of their portfolio | 355.8k $3.9m | Added +96.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 349.9k $3.8m | Added +221.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 334.4k $3.6m | Added +233.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 327.3k $3.6m | Added +187.1k |
| Engineers Gate Manager LP 0.04% of their portfolio | 276.9k $3.0m | Added +215.1k |
| Aquatic Capital Management LLC 0.06% of their portfolio | 253.2k $2.8m | New |
| Penserra Capital Management LLC 0.04% of their portfolio | 236.6k $2.6m | Reduced -81.8k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 227.3k $2.5m | Reduced -96.7k |
| IMC-Chicago, LLC 0.06% of their portfolio | 217.4k $2.4m | Reduced -88.3k |
| BARCLAYS PLC 0.00% of their portfolio | 204.3k $2.2m | Added +118.2k |
| Swiss National Bank 0.00% of their portfolio | 198.9k $2.2m | Added +37.4k |
| SIMPLEX TRADING, LLC 0.06% of their portfolio | 195.4k $2.1m | Reduced -64.9k |
| Verition Fund Management LLC 0.01% of their portfolio | 189.9k $2.1m | Added +44.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 187.3k $2.0m | Added +23.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 176.8k $1.9m | Reduced -226.5k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 169.1k $1.8m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 163.8k $1.8m | Added +111.6k |
| Centiva Capital, LP 0.11% of their portfolio | 156.7k $1.7m | Added +113.6k |
| CITIGROUP INC 0.00% of their portfolio | 144.0k $1.6m | Added +16.5k |
| LBP AM SA 0.02% of their portfolio | 137.0k $1.5m | Added +20.4k |
| TD Waterhouse Canada Inc. 0.01% of their portfolio | 136.3k $1.5m | Added +3.3k |
| Legal & General Group Plc 0.00% of their portfolio | 133.4k $1.4m | Added +38.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 129.1k $1.4m | Added +53.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 125.8k $1.4m | Reduced -79.2k |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 116.3k $1.3m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 111.4k $1.2m | Added +88.4k |
| FMR LLC 0.00% of their portfolio | 98.3k $1.1m | Reduced -16.2k |
| Caption Management, LLC 0.09% of their portfolio | 92.4k $1.0m | Added +44.2k |
| Strategic Blueprint, LLC 0.05% of their portfolio | 89.9k $977.6k | Added +4.1k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 88.1k $957.6k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 85.5k $929.9k | Reduced -378.9k |
| Hennion & Walsh Asset Management, Inc. 0.04% of their portfolio | 82.9k $901.0k | Added +13.9k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 77.4k $841.2k | Added +38.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 73.3k $796.7k | Added +44.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 72.2k $784.8k | Added +37.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 70.8k $769.6k | Reduced -42.3k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 70.0k $760.4k | New |
| Qsemble Capital Management, LP 0.07% of their portfolio | 66.6k $724.3k | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 66.6k $724.1k | Added +16.7k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 66.2k $719.2k | Added +40.4k |
| Bayesian Capital Management, LP 0.11% of their portfolio | 65.4k $710.9k | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 62.2k $676.1k | Reduced -284.9k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 61.2k $664.9k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 60.0k $651.9k | Added +35.3k |
| Invesco Ltd. 0.00% of their portfolio | 59.5k $646.4k | Added +43.4k |
| Squarepoint Ops LLC 0.00% of their portfolio | 58.5k $636.4k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 57.7k $627.0k | Added +27.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 54.7k $595.0k | Added +36.6k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 51.4k $559.0k | New |
| ALGERT GLOBAL LLC 0.01% of their portfolio | 50.1k $544.2k | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 49.8k $542.0k | Added +37.6k |
| Quadrature Capital Ltd 0.01% of their portfolio | 45.6k $495.1k | New |
| Brevan Howard Capital Management LP 0.00% of their portfolio | 41.8k $454.2k | New |
| LPL Financial LLC 0.00% of their portfolio | 37.7k $410.3k | Added +6.5k |
| Baltimore-Washington Financial Advisors, Inc. 0.02% of their portfolio | 36.9k $401.2k | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 36.8k $399.6k | Unchanged |
| IHT Wealth Management, LLC 0.01% of their portfolio | 36.7k $399.2k | Added +2.3k |
| CSS LLC/IL 0.03% of their portfolio | 36.5k $397.0k | Unchanged |
| SBI Securities Co., Ltd. 0.01% of their portfolio | 36.2k $393.5k | Added +10.0k |
| Bulltick Wealth Management, LLC 0.09% of their portfolio | 35.0k $380.4k | Added +2.1k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 34.3k $372.8k | New |
| Inscription Capital, LLC 0.05% of their portfolio | 33.5k $364.2k | Reduced -15.2k |
| Concurrent Investment Advisors, LLC 0.01% of their portfolio | 33.5k $364.1k | Added +10.3k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 33.2k $361.0k | New |
| Headlands Technologies LLC 0.04% of their portfolio | 33.1k $359.3k | Added +26.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 32.8k $357.0k | Added +2.4k |
| Creative Planning 0.00% of their portfolio | 30.4k $330.5k | Added +6.9k |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 30.4k $330.1k | Added +6.5k |
| Solstein Capital, LLC 0.17% of their portfolio | 30.1k $327.1k | Unchanged |