Vault-13

IREN LIMITED IREN

ORDINARY SHARES · Common Stock · CUSIP Q4982L109

208 institutional holders +44 vs Q1 2025
133,289,803133.3m shares reported held*
$1.9bnreported value*
78 new 74 added 41 reduced 33 sold out net bought ≈ $319.4m (+21.8m shares)

* 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

0100200300Q3 22: 29Q4 22: 26Q1 23: 32Q2 23: 45Q3 23: 54Q4 23: 65Q1 24: 91Q2 24: 141Q3 24: 144Q4 24: 187Q1 25: 164Q2 25: 208208Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202229
Q4 202226
Q1 202332
Q2 202345
Q3 202354
Q4 202365
Q1 202491
Q2 2024141
Q3 2024144
Q4 2024187
Q1 2025164
Q2 2025208

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q3 23: 32 bought or addedQ3 23: 26 cut or sold outQ4 23: 49 bought or addedQ4 23: 21 cut or sold outQ4 23Q1 24: 75 bought or addedQ1 24: 29 cut or sold outQ2 24: 111 bought or addedQ2 24: 46 cut or sold outQ2 24Q3 24: 104 bought or addedQ3 24: 76 cut or sold outQ4 24: 127 bought or addedQ4 24: 71 cut or sold outQ4 24Q1 25: 102 bought or addedQ1 25: 103 cut or sold outQ2 25: 152 bought or addedQ2 25: 74 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233226
Q4 20234921
Q1 20247529
Q2 202411146
Q3 202410476
Q4 202412771
Q1 2025102103
Q2 202515274

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$250m$500m$750m$1bnQ3 24 calls: $151.1mQ3 24 puts: $167.1mQ3 24P/C 1.11Q4 24 calls: $361.0mQ4 24 puts: $352.8mQ4 24P/C 0.98Q1 25 calls: $187.3mQ1 25 puts: $322.0mQ1 25P/C 1.72Q2 25 calls: $781.7mQ2 25 puts: $958.9mQ2 25P/C 1.23
Numbers
QuarterCallsPutsP/C
Q3 2024$151.1m$167.1m1.11
Q4 2024$361.0m$352.8m0.98
Q1 2025$187.3m$322.0m1.72
Q2 2025$781.7m$958.9m1.23

Biggest buyers

FMR LLC Added +8,647,252+8.6m
Hood River Capital Management LLC New +5,094,572+5.1m
JANE STREET GROUP, LLC Added +5,041,519+5.0m
Value Aligned Research Advisors, LLC New +3,266,148+3.3m
Situational Awareness LP Added +3,034,254+3.0m
Altshuler Shaham Ltd New +1,700,000+1.7m
DISCOVERY CAPITAL MANAGEMENT, LLC / CT Added +1,476,100+1.5m
Merewether Investment Management, LP New +1,443,000+1.4m
ALKEON CAPITAL MANAGEMENT LLC New +1,000,000+1.0m
Amitell Capital Pte Ltd New +979,200+979.2k

Biggest sellers

BNP PARIBAS FINANCIAL MARKETS Reduced -7,298,836-7.3m
Walleye Trading LLC Reduced -3,606,413-3.6m
D. E. Shaw & Co., Inc. Sold out -3,511,320-3.5m
GROUP ONE TRADING LLC Reduced -1,071,818-1.1m
Trexquant Investment LP Sold out -1,038,220-1.0m
MARSHALL WACE, LLP Reduced -995,573-995.6k
Cubist Systematic Strategies, LLC Sold out -892,022-892.0k
Vident Advisory, LLC Reduced -861,745-861.7k
CAPITAL FUND MANAGEMENT S.A. Reduced -817,530-817.5k
Pennant Investors, LP Sold out -792,000-792.0k

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.

HolderStakeChangeShares Last filed
GOLDMAN SACHS GROUP INC 13G · institution new · filed 2026-08-12 9.4% new 33.6m≈ $1.5bn 2026-08-12

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BIT Capital GmbH 15.41% of their portfolio BERLIN, 2M 16,233,88216.2m $236.5m $236.5m 15.41% Added +273.4k +273,390
2 FMR LLC 0.01% of their portfolio BOSTON, MA 8,673,6348.7m $126.4m $126.4m 0.01% Added +8.6m +8,647,252
3 JANE STREET GROUP, LLC 0.20% of their portfolio NEW YORK, NY 8,351,3238.4m $121.7m $121.7m 0.20% Added +5.0m +5,041,519
4 GROUP ONE TRADING LLC 3.09% of their portfolio CHICAGO, IL 6,481,4736.5m $94.4m $94.4m 3.09% Reduced -1.1m -1,071,818
5 Situational Awareness LP 8.48% of their portfolio SAN FRANCISCO, CA 6,400,3846.4m $93.3m $93.3m 8.48% Added +3.0m +3,034,254
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.13% of their portfolio BALA CYNWYD, PA 5,723,3935.7m $83.4m $83.4m 0.13% Reduced -388.1k -388,136
7 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,466,2165.5m $79.6m $79.6m 0.01% Added +776.8k +776,771
8 CITADEL ADVISORS LLC 0.07% of their portfolio MIAMI, FL 5,190,8635.2m $75.6m $75.6m 0.07% Reduced -442.1k -442,067
9 Hood River Capital Management LLC 1.04% of their portfolio PALM BEACH GARDENS, FL 5,094,5725.1m $74.2m $74.2m 1.04% New
10 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 4.75% of their portfolio SOUTH NORWALK, CT 4,150,3004.2m $60.5m $60.5m 4.75% Added +1.5m +1,476,100
11 Value Aligned Research Advisors, LLC 2.13% of their portfolio PRINCETON, NJ 3,266,1483.3m $47.6m $47.6m 2.13% New
12 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 3,031,6703.0m $44.2m $44.2m 0.03% Added +581.9k +581,939
13 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 2,974,6743.0m $43.3m $43.3m 0.01% Added +936.3k +936,333
14 VAN ECK ASSOCIATES CORP 0.05% of their portfolio NEW YORK, NY 2,768,8322.8m $40.3m $40.3m 0.05% Added +275.0k +274,990
15 Jefferies Financial Group Inc. 0.54% of their portfolio NEW YORK, NY 2,247,6022.2m $32.7m $32.7m 0.54% Added +856.7k +856,737
16 Vident Advisory, LLC 0.34% of their portfolio Alpharetta, GA 2,094,9672.1m $30.5m $30.5m 0.34% Reduced -861.7k -861,745
17 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,042,6952.0m $29.8m $29.8m 0.00% Reduced -585.6k -585,558
18 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,015,8172.0m $29.4m $29.4m 0.01% Reduced -327.6k -327,629
19 CastleKnight Management LP 1.68% of their portfolio New York, NY 1,743,8001.7m $25.4m $25.4m 1.68% Reduced -177.7k -177,700
20 Altshuler Shaham Ltd 0.07% of their portfolio Tel Aviv, L3 1,700,0001.7m $2.1m $2.1m 0.07% New
21 TUDOR INVESTMENT CORP ET AL 0.16% of their portfolio STAMFORD, CT 1,466,6701.5m $21.4m $21.4m 0.16% Added +942.4k +942,381
22 Merewether Investment Management, LP 0.61% of their portfolio DALLAS, TX 1,443,0001.4m $21.0m $21.0m 0.61% New
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,429,8571.4m $20.8m $20.8m 0.00% Added +676.7k +676,749
24 SIMPLEX TRADING, LLC 0.54% of their portfolio CHICAGO, IL 1,382,1261.4m $20.1m $20.1m 0.54% Added +94.4k +94,371
25 Jump Financial, LLC 0.22% of their portfolio Chicago, IL 1,252,7391.3m $18.3m $18.3m 0.22% Reduced -227.6k -227,620
26 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% of their portfolio CAUSEWAY BAY, K3 1,136,3301.1m $16.6m $16.6m 0.03% Added +148.9k +148,864
27 PEAK6 LLC 0.29% of their portfolio AUSTIN, TX 1,096,8281.1m $16.0m $16.0m 0.29% Added +778.5k +778,502
28 CAPITAL FUND MANAGEMENT S.A. 0.17% of their portfolio PARIS, I0 1,049,2201.0m $15.3m $15.3m 0.17% Reduced -817.5k -817,530
29 ALKEON CAPITAL MANAGEMENT LLC 0.07% of their portfolio New York, NY 1,000,0001.0m $14.6m $14.6m 0.07% New
30 EXCHANGE TRADED CONCEPTS, LLC 0.18% of their portfolio Oklahoma City, OK 989,064989.1k $14.4m $14.4m 0.18% Reduced -31.0k -31,020
31 Amitell Capital Pte Ltd 8.01% of their portfolio SINGAPORE, U0 979,200979.2k $14.3m $14.3m 8.01% New
32 Two Seas Capital LP 1.39% of their portfolio RYE, NY 971,891971.9k $14.2m $14.2m 1.39% Added +306.9k +306,891
33 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 935,609935.6k $13.6m $13.6m 0.02% Added +605.3k +605,298
34 Regal Partners Ltd 1.01% of their portfolio SYDNEY, C3 820,308820.3k $12.0m $12.0m 1.01% Added +242.6k +242,602
35 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 818,582818.6k $11.9m $11.9m 0.00% Added +9.5k +9,502
36 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 797,369797.4k $11.6m $11.6m 0.00% Reduced -53.7k -53,666
37 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 737,342737.3k $10.7m $10.7m 0.01% New
38 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 734,927734.9k $10.7m $10.7m 0.00% Reduced -106.9k -106,880
39 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 693,585693.6k $10.1m $10.1m 0.05% Added +185.5k +185,467
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 628,573628.6k $9.2m $9.2m 0.00% Added +133.2k +133,242
41 Walleye Capital LLC 0.08% of their portfolio NEW YORK, NY 593,271593.3k $8.6m $8.6m 0.08% Added +327.6k +327,599
42 Artemis Investment Management LLP 0.11% of their portfolio EDINBURGH, X0 587,012587.0k $8.6m $8.6m 0.11% New
43 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 584,555584.6k $8.5m $8.5m 0.01% Reduced -995.6k -995,573
44 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 575,779575.8k $8.4m $8.4m 0.02% Reduced -369.2k -369,171
45 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 521,804521.8k $7.6m $7.6m 0.02% Added +389.1k +389,143
46 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 517,452517.5k $7.5m $7.5m 0.00% Reduced -567.5k -567,504
47 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 504,358504.4k $7.3m $7.3m 0.00% Reduced -181.4k -181,361
48 Saba Capital Management, L.P. 0.19% of their portfolio NEW YORK, NY 490,100490.1k $7.1m $7.1m 0.19% Reduced -92.5k -92,472
49 Y-Intercept (Hong Kong) Ltd 0.17% of their portfolio HONG KONG, K3 471,970472.0k $6.9m $6.9m 0.17% New
50 Paloma Partners Management Co 1.53% of their portfolio GREENWICH, CT 463,700463.7k $6.8m $6.8m 1.53% New
51 X-Square Capital, LLC 2.28% of their portfolio GUAYNABO, PR 435,951436.0k $6.4m $6.4m 2.28% Added +246.3k +246,333
52 MIZUHO MARKETS AMERICAS LLC 0.21% of their portfolio NEW YORK, NY 426,652426.7k $6.2m $6.2m 0.21% Reduced -75.8k -75,807
53 Alyeska Investment Group, L.P. 0.02% of their portfolio CHICAGO, IL 418,961419.0k $6.1m $6.1m 0.02% New
54 FWL INVESTMENT MANAGEMENT, LLC 1.83% of their portfolio Dallas, TX 410,763410.8k $6.0m $6.0m 1.83% Added +301.0k +300,972
55 Galaxy Digital Capital Management GP LLC 7.39% of their portfolio NEW YORK, NY 405,974406.0k $5.9m $5.9m 7.39% Added +57.0k +57,015
56 Alight Capital Management LP 1.48% of their portfolio New York, NY 400,000400.0k $5.8m $5.8m 1.48% New
57 Beryl Capital Management LLC 0.88% of their portfolio REDONDO BEACH, CA 400,000400.0k $5.8m $5.8m 0.88% New
58 Proem Advisors LLC 1.50% of their portfolio Dallas, TX 390,000390.0k $5.7m $5.7m 1.50% New
59 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 389,721389.7k $5.7m $5.7m 0.01% Added +115.8k +115,812
60 TENOR CAPITAL MANAGEMENT Co., L.P. 0.07% of their portfolio NEW YORK, NY 349,879349.9k $5.1m $5.1m 0.07% Added +195.2k +195,200
61 Schonfeld Strategic Advisors LLC 0.04% of their portfolio NEW YORK, NY 347,880347.9k $5.1m $5.1m 0.04% New
62 Maridea Wealth Management LLC 1.29% of their portfolio BROOKLYN, NY 338,901338.9k $4.9m $4.9m 1.29% Added +18.7k +18,734
63 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 331,433331.4k $4.8m $4.8m 0.00% Added +313.2k +313,199
64 Baader Bank Aktiengesellschaft 0.41% of their portfolio Unterschleissheim, 2M 330,000330.0k $4.8m $4.8m 0.41% New
65 Arosa Capital Management LP 3.46% of their portfolio MIAMI BEACH, FL 325,000325.0k $4.7m $4.7m 3.46% New
66 Susquehanna Portfolio Strategies, LLC 0.10% of their portfolio Bala Cynwyd, PA 318,123318.1k $4.6m $4.6m 0.10% New
67 Polymer Capital Management (HK) LTD 0.68% of their portfolio HONG KONG, K3 298,000298.0k $4.3m $4.3m 0.68% New
68 Headlands Technologies LLC 0.51% of their portfolio CHICAGO, IL 294,542294.5k $4.3m $4.3m 0.51% Added +186.3k +186,344
69 Hidden Lake Asset Management LP 2.08% of their portfolio NEW YORK, NY 291,150291.1k $4.2m $4.2m 2.08% New
70 Ardmore Road Asset Management LP 0.35% of their portfolio WESTPORT, CT 288,920288.9k $4.2m $4.2m 0.35% New
71 Trivium Point Advisory, LLC 0.41% of their portfolio WILTON, CT 256,360256.4k $3.7m $3.7m 0.41% Added +176.4k +176,383
72 IMC-Chicago, LLC 0.09% of their portfolio CHICAGO, IL 254,248254.2k $3.7m $3.7m 0.09% Reduced -438.2k -438,171
73 INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.51% of their portfolio CHICAGO, IL 230,000230.0k $3.4m $3.4m 0.51% New
74 CloudAlpha Capital Management Limited/Hong Kong 0.38% of their portfolio HONG KONG, K3 210,000210.0k $3.1m $3.1m 0.38% New
75 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 189,761189.8k $2.8m $2.8m 0.01% New
76 MOORE CAPITAL MANAGEMENT, LP 0.05% of their portfolio NEW YORK, NY 184,900184.9k $2.7m $2.7m 0.05% New
77 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 180,181180.2k $2.6m $2.6m 0.01% New
78 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 170,612170.6k $2.5m $2.5m 0.00% Reduced -128.5k -128,513
79 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 167,518167.5k $2.4m $2.4m 0.00% Added +167.3k +167,303
80 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 160,109160.1k $2.3m $2.3m 0.00% New
81 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 150,827150.8k $2.2m $2.2m 0.01% New
82 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 147,380147.4k $2.1m $2.1m 0.00% Added +23.9k +23,924
83 Gillson Capital LP 0.15% of their portfolio CHICAGO, IL 137,000137.0k $2.0m $2.0m 0.15% New
84 Evolution Wealth Advisors, LLC 0.27% of their portfolio AVENTURA, FL 128,550128.6k $1.9m $1.9m 0.27% Added +51.3k +51,330
85 CORSAIR CAPITAL MANAGEMENT, L.P. 0.36% of their portfolio NEW YORK, NY 127,604127.6k $1.9m $1.9m 0.36% Added +15.0k +15,000
86 Aquatic Capital Management LLC 0.04% of their portfolio CHICAGO, IL 122,692122.7k $1.8m $1.8m 0.04% Added +113.6k +113,576
87 Continuum Advisory, LLC 0.21% of their portfolio EAGLE, ID 122,183122.2k $1.8m $1.8m 0.21% Added +113.6k +113,584
88 DNB Asset Management AS 0.01% of their portfolio Oslo, Q8 109,601109.6k $1.6m $1.6m 0.01% Added +62.7k +62,746
89 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 106,998107.0k $1.6m $1.6m 0.01% New
90 Main Management ETF Advisors, LLC 0.06% of their portfolio SAN FRANCISCO, CA 105,528105.5k $1.5m $1.5m 0.06% Added +1.7k +1,716
91 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 103,945103.9k $1.5m $1.5m 0.01% Added +6.7k +6,656
92 Harvest Portfolios Group Inc. 0.03% of their portfolio Oakville, A6 102,382102.4k $1.5m $1.5m 0.03% Added +56.4k +56,366
93 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 100,254100.3k $1.6m $1.6m 0.03% Added +44.8k +44,798
94 Manatuck Hill Partners, LLC 0.55% of their portfolio WESTPORT, CT 100,000100.0k $1.5m $1.5m 0.55% New
95 Quantitative Investment Management, LLC 0.20% of their portfolio CHARLOTTESVILLE, VA 99,87199.9k $1.5m $1.5m 0.20% New
96 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 95,12095.1k $1.4m $1.4m 0.00% Added +33.0k +33,006
97 Balefire, LLC 0.26% of their portfolio DALLAS, TX 83,32383.3k $1.2m $1.2m 0.26% New
98 WOLVERINE TRADING, LLC 0.03% of their portfolio CHICAGO, IL 81,18281.2k $1.1m $1.1m 0.03% New
99 MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio ST LOUIS, MO 80,77080.8k $1.2m $1.2m 0.01% Added +15.5k +15,524
100 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 80,56980.6k $1.2m $1.2m 0.04% New