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 ($13.6m this quarter). Holder counts are more reliable. Shares outstanding: 357.4m as of 2026-04-30, 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 ≈ $34.29. Options: 47 managers hold calls ($2.7bn notional), 46 hold puts ($2.6bn).
Trends to Q1 2026
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 |
| Q3 2025 | 350 |
| Q4 2025 | 407 |
| Q1 2026 | 505 |
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 2024 | 111 | 46 |
| Q3 2024 | 104 | 76 |
| Q4 2024 | 127 | 71 |
| Q1 2025 | 102 | 103 |
| Q2 2025 | 152 | 74 |
| Q3 2025 | 250 | 117 |
| Q4 2025 | 273 | 179 |
| Q1 2026 | 325 | 177 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $781.7m | $958.9m | 1.23 |
| Q3 2025 | $3.8bn | $5.1bn | 1.32 |
| Q4 2025 | $3.9bn | $4.0bn | 1.02 |
| Q1 2026 | $2.7bn | $2.6bn | 0.99 |
Biggest buyers
| Defiance ETFs, LLC | New | +12.7m |
| BlackRock, Inc. | Added | +3.8m |
| Situational Awareness LP | Added | +3.0m |
| TWO SIGMA INVESTMENTS, LP | Added | +2.6m |
| STATE STREET CORP | Added | +2.0m |
| NATIONAL BANK OF CANADA /FI/ | New | +1.7m |
| TORONTO DOMINION BANK | New | +1.4m |
| Value Aligned Research Advisors, LLC | Added | +1.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | New | +1.1m |
| CITIGROUP INC | Added | +1.0m |
Biggest sellers
| D. E. Shaw & Co., Inc. | Reduced | -5.3m |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -4.1m |
| MORGAN STANLEY | Reduced | -3.6m |
| Quadrature Capital Ltd | Sold out | -2.9m |
| JANE STREET GROUP, LLC | Reduced | -2.7m |
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | -1.8m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.8m |
| Clear Street Group Inc. | Reduced | -1.6m |
| Qube Research & Technologies Ltd | Sold out | -1.5m |
| MIRAE ASSET SECURITIES (USA) INC. | Sold out | -1.4m |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $542.9m15.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $480.3m14.0m shares |
| CITADEL ADVISORS LLC | Reduced | $309.3m9.0m shares |
| GROUP ONE TRADING LLC | Reduced | $185.3m5.4m shares |
| IMC-Chicago, LLC | Reduced | $172.5m5.0m shares |
| D. E. Shaw & Co., Inc. | Reduced | $170.0m5.0m shares |
| WELLS FARGO & COMPANY/MN | Reduced | $164.5m4.8m shares |
| UBS Group AG | Reduced | $78.1m2.3m shares |
| Jefferies Financial Group Inc. | Reduced | $76.9m2.2m shares |
| SIMPLEX TRADING, LLC | Reduced | $76.4m2.2m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $487.5m14.2m shares |
| JANE STREET GROUP, LLC | Added | $413.4m12.1m shares |
| CITADEL ADVISORS LLC | Reduced | $255.3m7.4m shares |
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | $158.4m4.6m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $156.3m4.6m shares |
| GROUP ONE TRADING LLC | Reduced | $130.8m3.8m shares |
| IMC-Chicago, LLC | Reduced | $129.1m3.8m shares |
| Walleye Trading LLC | Reduced | $108.5m3.2m shares |
| CANTOR FITZGERALD, L. P. | Reduced | $96.0m2.8m shares |
| WELLS FARGO & COMPANY/MN | Added | $88.6m2.6m 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 2026
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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 3 | $33.6m | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Defiance ETFs, LLC 6.25% of their portfolio | 12.7m $434.4m | New |
| Situational Awareness Partners LP 10.40% of their portfolio | 11.7m $401.0m | First filing |
| Situational Awareness LP 10.40% of their portfolio | 11.7m $401.0m | Added +3.0m |
| CITIGROUP INC 0.24% of their portfolio | 10.9m $373.8m | Added +1.0m |
| BIT Capital GmbH 12.49% of their portfolio | 6.5m $223.7m | Reduced -414.9k |
| D. E. Shaw & Co., Inc. 0.17% of their portfolio | 6.4m $220.5m | Reduced -5.3m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 5.6m $190.9m | Reduced -1.8m |
| Value Aligned Research Advisors, LLC 1.94% of their portfolio | 4.8m $163.4m | Added +1.3m |
| BlackRock, Inc. 0.00% of their portfolio | 4.5m $152.8m | Added +3.8m |
| Marex Group Ltd 1.39% of their portfolio | 3.9m $134.3m | Reduced -552.5k |
| MORGAN STANLEY 0.01% of their portfolio | 3.7m $128.4m | Reduced -3.6m |
| UBS Group AG 0.02% of their portfolio | 3.7m $126.3m | Added +514.8k |
| CANTOR FITZGERALD, L. P. 3.65% of their portfolio | 2.9m $100.7m | Reduced -532.4k |
| TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio | 2.9m $98.2m | Added +2.6m |
| JANE STREET GROUP, LLC 0.11% of their portfolio | 2.9m $97.9m | Reduced -2.7m |
| STATE STREET CORP 0.00% of their portfolio | 2.6m $89.8m | Added +2.0m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.1m $73.3m | Added +788.5k |
| Clear Street Group Inc. 0.40% of their portfolio | 2.1m $70.8m | Reduced -1.6m |
| Capital Research Global Investors 0.01% of their portfolio | 2.0m $67.7m | Added +948.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.9m $58.5m | Added +493.3k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 3.27% of their portfolio | 1.8m $62.9m | Reduced -749.2k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.8m $60.5m | Added +925.5k |
| Tidal Investments LLC 0.18% of their portfolio | 1.7m $59.3m | Added +62.3k |
| Invesco Ltd. 0.01% of their portfolio | 1.7m $58.7m | Reduced -335.9k |
| NATIONAL BANK OF CANADA /FI/ 0.06% of their portfolio | 1.7m $57.6m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.22% of their portfolio | 1.6m $54.0m | Reduced -709.1k |
| TORONTO DOMINION BANK 0.10% of their portfolio | 1.4m $49.6m | New |
| Altshuler Shaham Ltd 0.07% of their portfolio | 1.4m $3.6m | Reduced -300.0k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 1.4m $46.9m | Added +214.2k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 1.3m $45.0m | Added +290.7k |
| WOLVERINE ASSET MANAGEMENT LLC 0.66% of their portfolio | 1.2m $42.3m | Reduced -1.8m |
| BARCLAYS PLC 0.01% of their portfolio | 1.2m $40.3m | Added +711.0k |
| Legal & General Group Plc 0.01% of their portfolio | 1.2m $39.6m | Added +662.7k |
| MIZUHO MARKETS AMERICAS LLC 1.05% of their portfolio | 1.1m $37.8m | Reduced -210.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.1m $37.4m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.05% of their portfolio | 1.0m $34.3m | Reduced -256.4k |
| VAN ECK ASSOCIATES CORP 0.03% of their portfolio | 975.7k $33.4m | Added +7.4k |
| EXCHANGE TRADED CONCEPTS, LLC 0.25% of their portfolio | 966.2k $33.1m | Added +498.3k |
| Swiss National Bank 0.02% of their portfolio | 963.6k $33.0m | New |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 892.0k $30.6m | Reduced -1.1m |
| Amundi 0.01% of their portfolio | 845.1k $29.0m | Added +823.8k |
| Vident Advisory, LLC 0.25% of their portfolio | 842.9k $28.9m | Reduced -532.9k |
| BAILLIE GIFFORD & CO 0.03% of their portfolio | 829.2k $28.4m | Added +301.5k |
| Private Advisor Group, LLC 0.13% of their portfolio | 813.1k $27.9m | Reduced -148.9k |
| CastleKnight Management LP 1.29% of their portfolio | 806.2k $27.6m | Added +210.3k |
| Alpine Fox Capital LLC 24.21% of their portfolio | 750.5k $25.7m | Unchanged |
| Bridgewater Associates, LP 0.11% of their portfolio | 720.9k $24.7m | Added +444.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 661.7k $22.1m | Added +147.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 609.1k $20.9m | New |
| Weiss Asset Management LP 0.38% of their portfolio | 605.6k $20.8m | Added +517.4k |
| Banco Santander, S.A. 0.17% of their portfolio | 600.3k $20.6m | Added +554.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 581.6k $19.9m | Added +143.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 578.9k $19.8m | Reduced -246.6k |
| GROUP ONE TRADING LLC 0.64% of their portfolio | 564.0k $19.3m | Reduced -617.6k |
| Crystal Cove Asset Management, LLC 24.29% of their portfolio | 536.5k $18.4m | First filing |
| LPL Financial LLC 0.00% of their portfolio | 516.6k $17.7m | Added +122.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 516.2k $17.7m | New |
| ALKEON CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 500.0k $17.1m | Reduced -300.0k |
| Jump Financial, LLC 0.24% of their portfolio | 476.3k $16.3m | Added +297.8k |
| Man Group plc 0.03% of their portfolio | 458.6k $15.7m | Added +88.3k |
| IMC-Chicago, LLC 0.23% of their portfolio | 447.1k $15.3m | Reduced -325.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 382.8k $13.1m | Added +373.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 376.2k $12.9m | Added +344.5k |
| Wedbush Fund Advisers, LLC 1.47% of their portfolio | 371.2k $12.7m | Reduced -35.5k |
| Voleon Capital Management LP 0.27% of their portfolio | 369.1k $12.7m | Added +86.9k |
| Walleye Trading LLC 0.26% of their portfolio | 367.5k $12.6m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 364.6k $12.5m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 349.0k $12.0m | Reduced -12.6k |
| MEITAV INVESTMENT HOUSE LTD 0.12% of their portfolio | 332.9k $11.4m | Added +4.3k |
| FRED ALGER MANAGEMENT, LLC 0.05% of their portfolio | 325.1k $11.1m | Added +312.2k |
| IEQ CAPITAL, LLC 0.05% of their portfolio | 320.8k $11.0m | Added +400 |
| Privium Fund Management B.V. 2.28% of their portfolio | 320.1k $11.0m | Added +40.1k |
| Susquehanna Portfolio Strategies, LLC 0.16% of their portfolio | 318.1k $10.9m | Unchanged |
| X-Square Capital, LLC 3.58% of their portfolio | 310.0k $10.6m | Added +70.0k |
| Gillson Capital LP 0.87% of their portfolio | 308.9k $10.6m | Reduced -188 |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 303.4k $10.4m | Added +44.6k |
| Cetera Investment Advisers 0.01% of their portfolio | 300.0k $10.3m | Added +65.9k |
| Maridea Wealth Management LLC 1.44% of their portfolio | 288.2k $9.9m | Added +9.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 287.6k $9.9m | Reduced -9.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 284.7k $9.8m | New |
| AVIVA PLC 0.02% of their portfolio | 273.1k $9.4m | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 258.5k $8.9m | Added +18.4k |
| Polymer Capital Management (HK) LTD 1.21% of their portfolio | 252.6k $8.7m | Added +238.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 243.6k $8.4m | Added +222.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 238.3k $8.2m | First filing |
| Park West Asset Management LLC 0.68% of their portfolio | 223.8k $7.7m | Added +39.0k |
| SIMPLEX TRADING, LLC 0.22% of their portfolio | 207.8k $7.1m | Added +15.9k |
| FORA Capital, LLC 0.52% of their portfolio | 207.1k $7.1m | Reduced -14.9k |
| Jefferies Financial Group Inc. 0.09% of their portfolio | 204.3k $7.0m | Reduced -500.2k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.03% of their portfolio | 200.1k $6.9m | New |
| ExodusPoint Capital Management, LP 0.06% of their portfolio | 187.9k $6.4m | New |
| Walleye Capital LLC 0.04% of their portfolio | 181.1k $6.2m | Added +29.2k |
| Foundations Investment Advisors, LLC 0.08% of their portfolio | 176.6k $6.1m | Added +24.8k |
| Portman Square Capital LLP 0.92% of their portfolio | 176.5k $6.0m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 171.2k $5.9m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 165.7k $5.7m | Added +10.1k |
| SG Americas Securities, LLC 0.01% of their portfolio | 165.4k $5.7m | Added +42.8k |
| Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio | 165.0k $5.7m | Added +50.1k |
| JW Asset Management, LLC 2.32% of their portfolio | 164.7k $5.6m | Unchanged |
| FWL INVESTMENT MANAGEMENT, LLC 1.22% of their portfolio | 162.5k $5.6m | Reduced -75.4k |