IREN LIMITED IREN
ORDINARY SHARES · Common Stock · CUSIP Q4982L109
- SectorFinancials
- IndustryFinance Services
- 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. Holder counts are more reliable. Implied quarter-end price ≈ $6.09. Options: 32 managers hold calls ($187.3m notional), 22 hold puts ($322.0m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 29 |
| Q4 2022 | 26 |
| Q1 2023 | 32 |
| Q2 2023 | 45 |
| Q3 2023 | 54 |
| Q4 2023 | 65 |
| Q1 2024 | 91 |
| Q2 2024 | 141 |
| Q3 2024 | 144 |
| Q4 2024 | 187 |
| Q1 2025 | 164 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 34 | 12 |
| Q3 2023 | 32 | 26 |
| Q4 2023 | 49 | 21 |
| Q1 2024 | 75 | 29 |
| Q2 2024 | 111 | 46 |
| Q3 2024 | 104 | 76 |
| Q4 2024 | 127 | 71 |
| Q1 2025 | 102 | 103 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $184.2m | $198.0m | 1.08 |
| Q3 2024 | $151.1m | $167.1m | 1.11 |
| Q4 2024 | $361.0m | $352.8m | 0.98 |
| Q1 2025 | $187.3m | $322.0m | 1.72 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +4.5m |
| Situational Awareness LP | New | +3.4m |
| Walleye Trading LLC | Added | +3.3m |
| BIT Capital GmbH | Added | +3.0m |
| D. E. Shaw & Co., Inc. | Added | +2.8m |
| CITIGROUP INC | Added | +2.3m |
| BlackRock, Inc. | Added | +2.1m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +1.9m |
| GROUP ONE TRADING LLC | Added | +1.8m |
| MORGAN STANLEY | Added | +1.7m |
Biggest sellers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -5.7m |
| NATIONAL BANK OF CANADA /FI/ | Sold out | -2.9m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.3m |
| MARSHALL WACE, LLP | Reduced | -1.3m |
| Regal Partners Ltd | Reduced | -1.1m |
| GOLDMAN SACHS GROUP INC | Reduced | -814.1k |
| LONE PINE CAPITAL LLC | Sold out | -711.8k |
| Point72 Asset Management, L.P. | Sold out | -701.5k |
| Paloma Partners Management Co | Sold out | -543.4k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -450.2k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $59.1m9.7m shares |
| CITADEL ADVISORS LLC | Reduced | $18.8m3.1m shares |
| SIMPLEX TRADING, LLC | Added | $15.7m2.6m shares |
| Walleye Trading LLC | Added | $15.2m2.5m shares |
| GROUP ONE TRADING LLC | Reduced | $12.8m2.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $10.1m1.7m shares |
| Paloma Partners Management Co | New | $8.6m1.4m shares |
| IMC-Chicago, LLC | Reduced | $8.5m1.4m shares |
| Balyasny Asset Management L.P. | New | $8.2m1.4m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $7.2m1.2m shares |
Biggest puts
| Jefferies Financial Group Inc. | Added | $55.8m9.2m shares |
| GROUP ONE TRADING LLC | Reduced | $51.9m8.5m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $49.7m8.2m shares |
| CITADEL ADVISORS LLC | Added | $44.4m7.3m shares |
| Walleye Trading LLC | Added | $33.6m5.5m shares |
| JANE STREET GROUP, LLC | Added | $32.4m5.3m shares |
| SIMPLEX TRADING, LLC | Added | $16.6m2.7m shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $13.7m2.3m shares |
| IMC-Chicago, LLC | Added | $6.5m1.1m shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $3.9m639.8k 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 |
|---|---|
| GOLDMAN SACHS GROUP INC 13G · institution new · filed 2026-08-12 | 9.4% |
Fell to 5% or below in the last year: BANK OF AMERICA CORP /DE/ (4.1%, 2026-10-28), Citadel Securities GP LLC (4.7%, 2026-09-30), SUSQUEHANNA SECURITIES, LLC (4.2%, 2026-02-13), JANE STREET GROUP, LLC (4.7%, 2026-02-02)
Insider purchases and sales in Q1 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.
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BIT Capital GmbH 11.70% of their portfolio | 16.0m $97.2m | Added +3.0m |
| GROUP ONE TRADING LLC 1.92% of their portfolio | 7.6m $46.0m | Added +1.8m |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 7.3m $44.5m | First filing |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.06% of their portfolio | 6.1m $37.2m | Added +1.9m |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 5.6m $34.3m | Added +4.5m |
| MORGAN STANLEY 0.00% of their portfolio | 4.7m $28.6m | Added +1.7m |
| Walleye Trading LLC 0.63% of their portfolio | 3.6m $22.1m | Added +3.3m |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 3.5m $21.4m | Added +2.8m |
| Situational Awareness LP 3.75% of their portfolio | 3.4m $20.5m | New |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 3.3m $20.2m | Added +204.7k |
| Vident Advisory, LLC 0.26% of their portfolio | 3.0m $18.0m | Added +18.8k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 1.95% of their portfolio | 2.7m $16.3m | Added +1.5m |
| BlackRock, Inc. 0.00% of their portfolio | 2.6m $16.0m | Added +2.1m |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 2.5m $15.2m | Added +716.8k |
| CITIGROUP INC 0.01% of their portfolio | 2.4m $14.9m | Added +2.3m |
| UBS Group AG 0.00% of their portfolio | 2.3m $14.3m | Added +478.9k |
| Invesco Ltd. 0.00% of their portfolio | 2.0m $12.4m | Reduced -273.2k |
| CastleKnight Management LP 1.25% of their portfolio | 1.9m $11.7m | Added +1.2m |
| CAPITAL FUND MANAGEMENT S.A. 0.14% of their portfolio | 1.9m $11.4m | Reduced -250.9k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 1.6m $9.6m | Reduced -1.3m |
| Jump Financial, LLC 0.14% of their portfolio | 1.5m $9.0m | New |
| Jefferies Financial Group Inc. 0.15% of their portfolio | 1.4m $8.5m | New |
| SIMPLEX TRADING, LLC 0.28% of their portfolio | 1.3m $7.8m | Added +252.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $6.6m | Added +898.2k |
| Trexquant Investment LP 0.07% of their portfolio | 1.0m $6.3m | Added +636.8k |
| EXCHANGE TRADED CONCEPTS, LLC 0.11% of their portfolio | 1.0m $6.2m | Added +325.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 987.5k $6.0m | Added +122.7k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 945.0k $5.8m | Added +593.7k |
| Cubist Systematic Strategies, LLC 0.07% of their portfolio | 892.0k $5.4m | Added +746.5k |
| STATE STREET CORP 0.00% of their portfolio | 851.0k $5.2m | Added +14.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 841.8k $5.1m | Added +147.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 809.1k $4.9m | Added +98.2k |
| Pennant Investors, LP 1.45% of their portfolio | 792.0k $4.8m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 753.1k $4.6m | Reduced -814.1k |
| IMC-Chicago, LLC 0.16% of their portfolio | 692.4k $4.2m | Added +585.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 685.7k $4.2m | Reduced -261.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 680.8k $4.1m | Added +621.0k |
| Two Seas Capital LP 0.63% of their portfolio | 665.0k $4.0m | Reduced -195.0k |
| Saba Capital Management, L.P. 0.10% of their portfolio | 582.6k $3.5m | New |
| Regal Partners Ltd 0.36% of their portfolio | 577.7k $3.5m | Reduced -1.1m |
| TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio | 524.3k $3.2m | Reduced -430.9k |
| Private Advisor Group, LLC 0.02% of their portfolio | 508.1k $3.1m | Added +495.9k |
| MIZUHO MARKETS AMERICAS LLC 0.07% of their portfolio | 502.5k $3.1m | Added +476.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 495.3k $3.0m | Added +222.9k |
| IEQ CAPITAL, LLC 0.02% of their portfolio | 472.3k $2.9m | New |
| STEADFAST CAPITAL MANAGEMENT LP 0.07% of their portfolio | 413.1k $2.5m | Reduced -206.6k |
| Galaxy Digital Capital Management GP LLC 3.25% of their portfolio | 349.0k $2.1m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 330.3k $2.0m | Reduced -1.3m |
| Maridea Wealth Management LLC 0.64% of their portfolio | 320.2k $1.9m | Added +126.9k |
| PEAK6 LLC 0.08% of their portfolio | 318.3k $1.9m | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 299.1k $1.8m | Reduced -44.7k |
| ARISTEIA CAPITAL, L.L.C. 0.05% of their portfolio | 290.0k $1.8m | Unchanged |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 273.9k $1.7m | Added +73.9k |
| Walleye Capital LLC 0.02% of their portfolio | 265.7k $1.6m | Reduced -88.8k |
| J. Goldman & Co LP 0.05% of their portfolio | 223.4k $1.4m | New |
| Sculptor Capital LP 0.03% of their portfolio | 193.3k $1.2m | Added +88.1k |
| X-Square Capital, LLC 0.50% of their portfolio | 189.6k $1.2m | Added +20.6k |
| CenterBook Partners LP 0.07% of their portfolio | 178.7k $1.1m | Added +46.1k |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.01% of their portfolio | 154.7k $942.0k | Unchanged |
| Squarepoint Ops LLC 0.00% of their portfolio | 132.7k $807.9k | Added +10.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 123.5k $751.8k | Reduced -16.2k |
| CORSAIR CAPITAL MANAGEMENT, L.P. 0.18% of their portfolio | 112.6k $685.8k | Reduced -40.0k |
| NorthCoast Asset Management LLC 0.00% of their portfolio | 112.0k $682.0k | Reduced -77.3k |
| FWL INVESTMENT MANAGEMENT, LLC 0.25% of their portfolio | 109.8k $668.6k | Reduced -128.7k |
| Headlands Technologies LLC 0.08% of their portfolio | 108.2k $658.9k | Added +83.1k |
| Main Management ETF Advisors, LLC 0.03% of their portfolio | 103.8k $632.0k | Added +21.2k |
| SG Americas Securities, LLC 0.00% of their portfolio | 97.3k $592.0k | New |
| SRN Advisors, LLC 0.65% of their portfolio | 94.5k $575.4k | Reduced -5.5k |
| Trivium Point Advisory, LLC 0.06% of their portfolio | 80.0k $487.1k | Reduced -43.0k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 78.3k $477.0k | Reduced -33.7k |
| Evolution Wealth Advisors, LLC 0.08% of their portfolio | 77.2k $470.3k | Added +29.3k |
| Vontobel Holding Ltd. 0.00% of their portfolio | 76.1k $463.3k | Added +20.2k |
| Stratos Wealth Advisors, LLC 0.03% of their portfolio | 76.0k $463.0k | Reduced -4.3k |
| Galaxy Digital Capital Management LP 4.27% of their portfolio | 72.7k $436.6k | First filing |
| SBI Securities Co., Ltd. 0.01% of their portfolio | 69.6k $424.2k | Reduced -25.7k |
| Chicago Partners Investment Group LLC 0.01% of their portfolio | 66.0k $433.7k | Added +10.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 65.9k $401.0k | New |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio | 65.2k $397.3k | Added +15.0k |
| LPL Financial LLC 0.00% of their portfolio | 62.1k $378.3k | Added +23.6k |
| Phoenix Financial Ltd. 0.01% of their portfolio | 61.0k $372.8k | Added +12.4k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 57.9k $352.9k | Added +1.3k |
| Gladstone Institutional Advisory LLC 0.02% of their portfolio | 56.1k $341.5k | Added +34.5k |
| Advisory Services Network, LLC 0.01% of their portfolio | 55.5k $337.7k | Reduced -280 |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 52.8k $321.7k | Added +2.8k |
| Aurelius Capital Management, LP 3.29% of their portfolio | 51.1k $311.3k | New |
| DNB Asset Management AS 0.00% of their portfolio | 46.9k $285.3k | New |
| Harvest Portfolios Group Inc. 0.01% of their portfolio | 46.0k $280.2k | Reduced -23.8k |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 44.0k $268.0k | Reduced -6.1k |
| Advantage Alpha Capital Partners LP 0.06% of their portfolio | 42.5k $258.7k | Reduced -585 |
| DRIVE WEALTH MANAGEMENT, LLC 0.06% of their portfolio | 39.7k $242.0k | Added +55 |
| Disciplined Investors, L.L.C. 0.18% of their portfolio | 33.2k $202.1k | New |
| Caption Management, LLC 0.01% of their portfolio | 32.6k $198.5k | New |
| SageView Advisory Group, LLC 0.01% of their portfolio | 32.5k $197.8k | Unchanged |
| MATAURO, LLC 0.04% of their portfolio | 31.5k $192.0k | Reduced -3.3k |
| Engineers Gate Manager LP 0.00% of their portfolio | 29.7k $181.2k | Reduced -161.2k |
| CENTAURUS FINANCIAL, INC. 0.01% of their portfolio | 29.6k $180.0k | Reduced -3.2k |
| Clearline Capital LP 0.02% of their portfolio | 29.3k $178.4k | New |
| Bayesian Capital Management, LP 0.03% of their portfolio | 28.8k $175.4k | New |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 28.7k $174.7k | Added +8.0k |
| FOX RUN MANAGEMENT, L.L.C. 0.03% of their portfolio | 27.7k $168.8k | New |