IRONWOOD PHARMACEUTICALS INC IRWD
COM CL A · Common Stock · CUSIP 46333X108 · ISIN US46333X1081
Company in Cambridge, United States
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersBoston, MA
- Founded1998
- Websiteironwoodpharma.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 ($2.8m this quarter). Holder counts are more reliable. Shares outstanding: 156.0m as of 2023-07-31, 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 ≈ $10.64. Options: 4 managers hold calls ($718.2k notional), 2 hold puts ($31.9k).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 245 |
| Q4 2022 | 250 |
| Q1 2023 | 256 |
| Q2 2023 | 253 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 119 | 109 |
| Q1 2023 | 135 | 98 |
| Q2 2023 | 143 | 110 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $604.0k | $10.0k | 0.02 |
| Q4 2022 | $1.6m | $28.0k | 0.02 |
| Q1 2023 | $411.5k | $30.4k | 0.07 |
| Q2 2023 | $718.2k | $31.9k | 0.04 |
Biggest buyers
| Man Group plc | New | +3.0m |
| Driehaus Capital Management LLC | New | +1.6m |
| TWO SIGMA INVESTMENTS, LP | Added | +1.1m |
| Point72 Asset Management, L.P. | Added | +1.1m |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.0m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +943.8k |
| Balyasny Asset Management L.P. | Added | +737.3k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +707.7k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +681.7k |
| JPMORGAN CHASE & CO | Added | +655.3k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -6.2m |
| JANE STREET GROUP, LLC | Reduced | -1.7m |
| ROYCE & ASSOCIATES LP | Reduced | -1.6m |
| Man Group plc | Sold out | -1.4m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.1m |
| MORGAN STANLEY | Reduced | -730.7k |
| GREAT LAKES ADVISORS, LLC | Sold out | -658.9k |
| ExodusPoint Capital Management, LP | Reduced | -425.8k |
| NORGES BANK | Reduced | -413.0k |
| Cubist Systematic Strategies, LLC | Reduced | -371.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $382.0k35.9k shares |
| GROUP ONE TRADING LLC | Added | $269.2k25.3k shares |
| CITADEL ADVISORS LLC | Added | $67.0k6.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $31.9k3.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| ARMISTICE CAPITAL, LLC 13G · institution -0.8 pts · filed 2026-08-14 | 8.4% |
| BlackRock, Inc. 13G · institution +1.0 pts · filed 2026-07-28 | 8.1% |
| Sarissa Capital Management LP 13D · may seek influence filed 2026-03-19 | 5.8% |
| STATE STREET CORP 13G · institution +3.2 pts · filed 2026-08-07 | 5.4% |
Fell to 5% or below in the last year: BANK OF AMERICA CORP /DE/ (3.2%, 2026-10-28), RENAISSANCE TECHNOLOGIES LLC (4.9%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2023
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 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 5 | $1.9m | — |
| Q1 2022 | 0 | — | 5 | $1.3m | — |
| Q2 2022 | 0 | — | 6 | $3.3m | — |
| Q3 2022 | 0 | — | 5 | $2.0m | — |
| Q4 2022 | 0 | — | 5 | $653.7k | — |
| Q1 2023 | 0 | — | 6 | $3.7m | — |
| Q2 2023 | 0 | — | 3 | $1.0m | $285.0k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-30 | MCCOURT Thomas A Chief Executive Officer, director | Sold plan | $285.0k26.6k shares |
| 2023-05-22 | MCCOURT Thomas A Chief Executive Officer, director | Sold | $364.3k36.0k shares |
| 2023-05-22 | Shetzline Michael CMO,SVP,Head-Res&Drug | Sold | $104.5k10.3k shares |
| 2023-05-22 | Davis Andrew SVP, Chief Business Officer | Sold | $63.8k6.3k shares |
| 2023-05-08 | MCCOURT Thomas A Chief Executive Officer, director | Sold | $224.6k21.1k 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 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 25.8m $274.6m | Added +486.7k |
| Sarissa Capital Management LP 17.36% of their portfolio | 16.4m $174.4m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 14.8m $158.0m | Reduced -127.8k |
| STATE STREET CORP 0.01% of their portfolio | 11.0m $117.3m | Added +546.6k |
| LSV ASSET MANAGEMENT 0.18% of their portfolio | 7.7m $81.6m | Added +92.6k |
| CREDIT SUISSE AG/ 0.06% of their portfolio | 5.8m $61.7m | Added +628.8k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 5.6m $59.7m | Added +1.0m |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 5.3m $56.6m | Added +681.7k |
| BROWN CAPITAL MANAGEMENT LLC 0.57% of their portfolio | 3.8m $39.9m | Reduced -182.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 3.7m $39.8m | Added +707.7k |
| MORGAN STANLEY 0.00% of their portfolio | 3.1m $32.6m | Reduced -730.7k |
| Man Group plc 0.10% of their portfolio | 3.0m $31.7m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.8m $29.7m | Added +158.5k |
| TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio | 2.6m $28.2m | Added +1.1m |
| TWO SIGMA ADVISERS, LP 0.07% of their portfolio | 2.6m $27.3m | Added +611.0k |
| Pacer Advisors, Inc. 0.11% of their portfolio | 2.5m $26.2m | Added +204.4k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.7m $18.2m | Added +107.6k |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 1.7m $18.0m | Added +737.3k |
| Invesco Ltd. 0.00% of their portfolio | 1.7m $17.7m | Reduced -92.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.6m $17.4m | Added +74 |
| Driehaus Capital Management LLC 0.21% of their portfolio | 1.6m $16.9m | New |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.6m $16.6m | Added +359.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.4m $14.6m | Reduced -134.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.3m $13.7m | Added +655.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.3m $13.5m | Reduced -389 |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.2m $12.7m | Added +167.6k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 1.1m $12.0m | Added +1.1m |
| NORGES BANK 0.00% of their portfolio | 1.1m $12.0m | Reduced -413.0k |
| GLENMEDE TRUST CO NA 0.06% of their portfolio | 1.1m $11.1m | Added +2.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 996.8k $10.6m | Added +54.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 994.5k $10.6m | Reduced -82.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 943.8k $10.0m | New |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 919.0k $9.8m | Added +118.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 906.9k $9.6m | Added +557.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 808.6k $8.6m | Reduced -40.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 807.6k $8.6m | Reduced -26.4k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 741.4k $7.9m | Added +60.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 737.3k $7.8m | Reduced -318.8k |
| Rafferty Asset Management, LLC 0.04% of their portfolio | 725.2k $7.7m | Added +103.0k |
| UBS Group AG 0.00% of their portfolio | 687.3k $7.3m | Reduced -99.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 594.6k $6.3m | Reduced -36.6k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 589.9k $6.3m | Added +98.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 569.6k $6.1m | Added +15.8k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 538.1k $5.7m | Added +471.1k |
| Price Jennifer C. 1.90% of their portfolio | 520.0k $5.5m | Unchanged |
| 13D Management LLC 2.97% of their portfolio | 511.1k $5.4m | Reduced -22.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 500.8k $5.3m | Added +8.3k |
| Brandywine Global Investment Management, LLC 0.04% of their portfolio | 482.0k $5.1m | Reduced -26.1k |
| Foundry Partners, LLC 0.31% of their portfolio | 481.9k $5.1m | Added +26.5k |
| Quantedge Capital Pte Ltd 2.19% of their portfolio | 461.9k $4.9m | Reduced -79.3k |
| BARCLAYS PLC 0.00% of their portfolio | 454.8k $4.8m | Added +121.8k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 454.3k $4.8m | Added +38.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 438.5k $4.7m | Added +87.7k |
| Hillsdale Investment Management Inc. 0.41% of their portfolio | 424.0k $4.5m | Added +3.4k |
| CITIGROUP INC 0.01% of their portfolio | 421.7k $4.5m | Reduced -161.3k |
| Legal & General Group Plc 0.00% of their portfolio | 400.3k $4.3m | Added +2.7k |
| Redwood Investment Management, LLC 0.39% of their portfolio | 380.7k $3.8m | Added +47.6k |
| Jefferies Financial Group Inc. 0.08% of their portfolio | 331.7k $3.5m | Added +168.3k |
| JUPITER ASSET MANAGEMENT LTD 0.04% of their portfolio | 331.6k $3.5m | Reduced -99.7k |
| Swiss National Bank 0.00% of their portfolio | 302.0k $3.2m | Added +4.0k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 284.1k $3.0m | Reduced -21.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 283.1k $3.0m | Added +283.0k |
| ROYCE & ASSOCIATES LP 0.03% of their portfolio | 282.6k $3.0m | Reduced -1.6m |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 258.3k $2.7m | Added +52.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 255.1k $2.7m | Reduced -1.1m |
| Cubist Systematic Strategies, LLC 0.03% of their portfolio | 253.8k $2.7m | Reduced -371.5k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.04% of their portfolio | 248.8k $2.6m | Added +228.2k |
| GUGGENHEIM CAPITAL LLC 0.02% of their portfolio | 246.8k $2.6m | Reduced -72.6k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 246.5k $2.6m | Reduced -3.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 244.9k $2.6m | Reduced -261.0k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 239.9k $2.6m | Added +5.2k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 229.0k $2.4m | Added +59.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 227.5k $2.4m | Reduced -1.7m |
| Alberta Investment Management Corp 0.02% of their portfolio | 227.5k $2.4m | Reduced -38.9k |
| Tamarack Advisers, LP 1.82% of their portfolio | 225.0k $2.4m | Added +15.0k |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 221.3k $2.4m | New |
| Skandinaviska Enskilda Banken AB (publ) 0.02% of their portfolio | 220.8k $2.3m | Added +158.2k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 220.2k $2.3m | Added +19.1k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 214.7k $2.3m | Added +22.1k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 210.0k $2.2m | Added +20.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 206.6k $2.2m | Added +11.5k |
| HRT FINANCIAL LP 0.02% of their portfolio | 199.7k $2.1m | Added +61.6k |
| Moran Wealth Management, LLC 0.08% of their portfolio | 197.1k $2.1m | Added +7.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 190.5k $2.0m | Added +48.1k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 173.1k $2.0m | Added +42.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 168.2k $1.8m | Reduced -3.9k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 167.9k $1.8m | Reduced -11.5k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 167.2k $1.8m | Unchanged |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 162.6k $1.7m | Added +5.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 161.0k $1.7m | Unchanged |
| EXCHANGE TRADED CONCEPTS, LLC 0.04% of their portfolio | 160.9k $1.7m | Reduced -3.2k |
| AlphaCentric Advisors LLC 0.93% of their portfolio | 157.5k $1.7m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 156.4k $1.6m | Unchanged |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 152.8k $1.6m | Added +11.5k |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 140.0k $1.5m | Added +5.7k |
| PROFUND ADVISORS LLC 0.08% of their portfolio | 137.0k $1.5m | Added +15.5k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio | 133.1k $1.4m | Added +509 |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 131.9k $1.4m | Reduced -141.8k |
| Squarepoint Ops LLC 0.01% of their portfolio | 130.9k $1.4m | Reduced -21.9k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 129.3k $1.4m | Reduced -3.0k |