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 ≈ $14.59. Options: 44 managers hold calls ($781.7m notional), 28 hold puts ($958.9m).
Trends to Q2 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 |
| Q2 2025 | 208 |
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 | 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 |
| Q2 2025 | 152 | 74 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $151.1m | $167.1m | 1.11 |
| Q4 2024 | $361.0m | $352.8m | 0.98 |
| Q1 2025 | $187.3m | $322.0m | 1.72 |
| Q2 2025 | $781.7m | $958.9m | 1.23 |
Biggest buyers
| FMR LLC | Added | +8.6m |
| Hood River Capital Management LLC | New | +5.1m |
| JANE STREET GROUP, LLC | Added | +5.0m |
| Value Aligned Research Advisors, LLC | New | +3.3m |
| Situational Awareness LP | Added | +3.0m |
| Altshuler Shaham Ltd | New | +1.7m |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT | Added | +1.5m |
| Merewether Investment Management, LP | New | +1.4m |
| ALKEON CAPITAL MANAGEMENT LLC | New | +1.0m |
| Amitell Capital Pte Ltd | New | +979.2k |
Biggest sellers
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -7.3m |
| Walleye Trading LLC | Reduced | -3.6m |
| D. E. Shaw & Co., Inc. | Sold out | -3.5m |
| GROUP ONE TRADING LLC | Reduced | -1.1m |
| Trexquant Investment LP | Sold out | -1.0m |
| MARSHALL WACE, LLP | Reduced | -995.6k |
| Cubist Systematic Strategies, LLC | Sold out | -892.0k |
| Vident Advisory, LLC | Reduced | -861.7k |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | -817.5k |
| Pennant Investors, LP | Sold out | -792.0k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $123.4m8.5m shares |
| CITADEL ADVISORS LLC | Added | $101.1m6.9m shares |
| Jefferies Financial Group Inc. | Added | $88.0m6.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $56.1m3.8m shares |
| Balyasny Asset Management L.P. | Added | $54.3m3.7m shares |
| SIMPLEX TRADING, LLC | Added | $52.2m3.6m shares |
| IMC-Chicago, LLC | Added | $36.9m2.5m shares |
| Walleye Trading LLC | Added | $36.5m2.5m shares |
| GROUP ONE TRADING LLC | Added | $36.1m2.5m shares |
| Parallax Volatility Advisers, L.P. | Added | $27.0m1.9m shares |
Biggest puts
| Jefferies Financial Group Inc. | Added | $179.9m12.3m shares |
| GROUP ONE TRADING LLC | Added | $138.1m9.5m shares |
| CITADEL ADVISORS LLC | Added | $136.8m9.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $111.6m7.7m shares |
| JANE STREET GROUP, LLC | Added | $84.2m5.8m shares |
| Walleye Trading LLC | Reduced | $74.4m5.1m shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $64.4m4.4m shares |
| SIMPLEX TRADING, LLC | Added | $48.9m3.4m shares |
| IMC-Chicago, LLC | Added | $22.0m1.5m shares |
| PEAK6 LLC | Added | $16.7m1.1m 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 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.
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BIT Capital GmbH 15.41% of their portfolio | 16.2m $236.5m | Added +273.4k |
| FMR LLC 0.01% of their portfolio | 8.7m $126.4m | Added +8.6m |
| JANE STREET GROUP, LLC 0.20% of their portfolio | 8.4m $121.7m | Added +5.0m |
| GROUP ONE TRADING LLC 3.09% of their portfolio | 6.5m $94.4m | Reduced -1.1m |
| Situational Awareness LP 8.48% of their portfolio | 6.4m $93.3m | Added +3.0m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.13% of their portfolio | 5.7m $83.4m | Reduced -388.1k |
| MORGAN STANLEY 0.01% of their portfolio | 5.5m $79.6m | Added +776.8k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 5.2m $75.6m | Reduced -442.1k |
| Hood River Capital Management LLC 1.04% of their portfolio | 5.1m $74.2m | New |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 4.75% of their portfolio | 4.2m $60.5m | Added +1.5m |
| Value Aligned Research Advisors, LLC 2.13% of their portfolio | 3.3m $47.6m | New |
| CITIGROUP INC 0.03% of their portfolio | 3.0m $44.2m | Added +581.9k |
| Invesco Ltd. 0.01% of their portfolio | 3.0m $43.3m | Added +936.3k |
| VAN ECK ASSOCIATES CORP 0.05% of their portfolio | 2.8m $40.3m | Added +275.0k |
| Jefferies Financial Group Inc. 0.54% of their portfolio | 2.2m $32.7m | Added +856.7k |
| Vident Advisory, LLC 0.34% of their portfolio | 2.1m $30.5m | Reduced -861.7k |
| BlackRock, Inc. 0.00% of their portfolio | 2.0m $29.8m | Reduced -585.6k |
| UBS Group AG 0.01% of their portfolio | 2.0m $29.4m | Reduced -327.6k |
| CastleKnight Management LP 1.68% of their portfolio | 1.7m $25.4m | Reduced -177.7k |
| Altshuler Shaham Ltd 0.07% of their portfolio | 1.7m $2.1m | New |
| TUDOR INVESTMENT CORP ET AL 0.16% of their portfolio | 1.5m $21.4m | Added +942.4k |
| Merewether Investment Management, LP 0.61% of their portfolio | 1.4m $21.0m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.4m $20.8m | Added +676.7k |
| SIMPLEX TRADING, LLC 0.54% of their portfolio | 1.4m $20.1m | Added +94.4k |
| Jump Financial, LLC 0.22% of their portfolio | 1.3m $18.3m | Reduced -227.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% of their portfolio | 1.1m $16.6m | Added +148.9k |
| PEAK6 LLC 0.29% of their portfolio | 1.1m $16.0m | Added +778.5k |
| CAPITAL FUND MANAGEMENT S.A. 0.17% of their portfolio | 1.0m $15.3m | Reduced -817.5k |
| ALKEON CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 1.0m $14.6m | New |
| EXCHANGE TRADED CONCEPTS, LLC 0.18% of their portfolio | 989.1k $14.4m | Reduced -31.0k |
| Amitell Capital Pte Ltd 8.01% of their portfolio | 979.2k $14.3m | New |
| Two Seas Capital LP 1.39% of their portfolio | 971.9k $14.2m | Added +306.9k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 935.6k $13.6m | Added +605.3k |
| Regal Partners Ltd 1.01% of their portfolio | 820.3k $12.0m | Added +242.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 818.6k $11.9m | Added +9.5k |
| STATE STREET CORP 0.00% of their portfolio | 797.4k $11.6m | Reduced -53.7k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 737.3k $10.7m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 734.9k $10.7m | Reduced -106.9k |
| Private Advisor Group, LLC 0.05% of their portfolio | 693.6k $10.1m | Added +185.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 628.6k $9.2m | Added +133.2k |
| Walleye Capital LLC 0.08% of their portfolio | 593.3k $8.6m | Added +327.6k |
| Artemis Investment Management LLP 0.11% of their portfolio | 587.0k $8.6m | New |
| MARSHALL WACE, LLP 0.01% of their portfolio | 584.6k $8.5m | Reduced -995.6k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 575.8k $8.4m | Reduced -369.2k |
| Squarepoint Ops LLC 0.02% of their portfolio | 521.8k $7.6m | Added +389.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 517.5k $7.5m | Reduced -567.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 504.4k $7.3m | Reduced -181.4k |
| Saba Capital Management, L.P. 0.19% of their portfolio | 490.1k $7.1m | Reduced -92.5k |
| Y-Intercept (Hong Kong) Ltd 0.17% of their portfolio | 472.0k $6.9m | New |
| Paloma Partners Management Co 1.53% of their portfolio | 463.7k $6.8m | New |
| X-Square Capital, LLC 2.28% of their portfolio | 436.0k $6.4m | Added +246.3k |
| MIZUHO MARKETS AMERICAS LLC 0.21% of their portfolio | 426.7k $6.2m | Reduced -75.8k |
| Alyeska Investment Group, L.P. 0.02% of their portfolio | 419.0k $6.1m | New |
| FWL INVESTMENT MANAGEMENT, LLC 1.83% of their portfolio | 410.8k $6.0m | Added +301.0k |
| Galaxy Digital Capital Management GP LLC 7.39% of their portfolio | 406.0k $5.9m | Added +57.0k |
| Alight Capital Management LP 1.48% of their portfolio | 400.0k $5.8m | New |
| Beryl Capital Management LLC 0.88% of their portfolio | 400.0k $5.8m | New |
| Proem Advisors LLC 1.50% of their portfolio | 390.0k $5.7m | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 389.7k $5.7m | Added +115.8k |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.07% of their portfolio | 349.9k $5.1m | Added +195.2k |
| Schonfeld Strategic Advisors LLC 0.04% of their portfolio | 347.9k $5.1m | New |
| Maridea Wealth Management LLC 1.29% of their portfolio | 338.9k $4.9m | Added +18.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 331.4k $4.8m | Added +313.2k |
| Baader Bank Aktiengesellschaft 0.41% of their portfolio | 330.0k $4.8m | New |
| Arosa Capital Management LP 3.46% of their portfolio | 325.0k $4.7m | New |
| Susquehanna Portfolio Strategies, LLC 0.10% of their portfolio | 318.1k $4.6m | New |
| Polymer Capital Management (HK) LTD 0.68% of their portfolio | 298.0k $4.3m | New |
| Headlands Technologies LLC 0.51% of their portfolio | 294.5k $4.3m | Added +186.3k |
| Hidden Lake Asset Management LP 2.08% of their portfolio | 291.1k $4.2m | New |
| Ardmore Road Asset Management LP 0.35% of their portfolio | 288.9k $4.2m | New |
| Trivium Point Advisory, LLC 0.41% of their portfolio | 256.4k $3.7m | Added +176.4k |
| IMC-Chicago, LLC 0.09% of their portfolio | 254.2k $3.7m | Reduced -438.2k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.51% of their portfolio | 230.0k $3.4m | New |
| CloudAlpha Capital Management Limited/Hong Kong 0.38% of their portfolio | 210.0k $3.1m | New |
| HRT FINANCIAL LP 0.01% of their portfolio | 189.8k $2.8m | New |
| MOORE CAPITAL MANAGEMENT, LP 0.05% of their portfolio | 184.9k $2.7m | New |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 180.2k $2.6m | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 170.6k $2.5m | Reduced -128.5k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 167.5k $2.4m | Added +167.3k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 160.1k $2.3m | New |
| Verition Fund Management LLC 0.01% of their portfolio | 150.8k $2.2m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 147.4k $2.1m | Added +23.9k |
| Gillson Capital LP 0.15% of their portfolio | 137.0k $2.0m | New |
| Evolution Wealth Advisors, LLC 0.27% of their portfolio | 128.6k $1.9m | Added +51.3k |
| CORSAIR CAPITAL MANAGEMENT, L.P. 0.36% of their portfolio | 127.6k $1.9m | Added +15.0k |
| Aquatic Capital Management LLC 0.04% of their portfolio | 122.7k $1.8m | Added +113.6k |
| Continuum Advisory, LLC 0.21% of their portfolio | 122.2k $1.8m | Added +113.6k |
| DNB Asset Management AS 0.01% of their portfolio | 109.6k $1.6m | Added +62.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 107.0k $1.6m | New |
| Main Management ETF Advisors, LLC 0.06% of their portfolio | 105.5k $1.5m | Added +1.7k |
| SG Americas Securities, LLC 0.01% of their portfolio | 103.9k $1.5m | Added +6.7k |
| Harvest Portfolios Group Inc. 0.03% of their portfolio | 102.4k $1.5m | Added +56.4k |
| Advisory Services Network, LLC 0.03% of their portfolio | 100.3k $1.6m | Added +44.8k |
| Manatuck Hill Partners, LLC 0.55% of their portfolio | 100.0k $1.5m | New |
| Quantitative Investment Management, LLC 0.20% of their portfolio | 99.9k $1.5m | New |
| LPL Financial LLC 0.00% of their portfolio | 95.1k $1.4m | Added +33.0k |
| Balefire, LLC 0.26% of their portfolio | 83.3k $1.2m | New |
| WOLVERINE TRADING, LLC 0.03% of their portfolio | 81.2k $1.1m | New |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio | 80.8k $1.2m | Added +15.5k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio | 80.6k $1.2m | New |