Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Intrepid Potash Inc (IPI)

160 + Investors. Track Smart Money conviction in IPI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +30
Streak
1Q ▲
Buyers last Q
60%

Smart Money Signals — IPI

Based on 160 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added IPI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
160 hedge funds hold IPI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +37% more funds vs a year ago

fund count last 6Q
+43 new funds entered over the past year (+37% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 60% buying

97 buying65 selling
Last quarter: 97 funds were net buyers (52 opened a brand new position + 45 added to an existing one). Only 65 were sellers (43 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+37 vs last Q)

new funds entering per quarter
Funds opening a new IPI position: 36 → 22 → 15 → 52. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 19% medium ■ 24% new
92 out of 160 hedge funds have held IPI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +47% but shares only +0% — price-driven

Value
+46%
Shares
+0%
Last quarter: the total dollar value of institutional holdings rose +47%, but actual share count only changed +0%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

35 → 36 → 22 → 15 → 52 new funds/Q
New funds entering each quarter: 36 → 22 → 15 → 52. A growing number of institutions are discovering IPI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 68% of holders stayed 2+ years

■ 68% veterans ■ 9% 1-2yr ■ 23% new
Of 168 current holders: 114 (68%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
36 of 160 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — IPI

In 2026 Q1, 97 hedge funds were net buyers of IPI (52 opened a new position, 45 added to an existing one), while 65 reduced or exited (43 trimmed, 22 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. 38% of total institutional value in IPI is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +30 funds (more new holders than closures). Total institutional holders: 160.

Hedge Fund Ownership: IPI

How many hedge funds hold IPI — quarterly history vs. share price
Quarterly hedge fund ownership of IPI vs. share price

Market Analysis: IPI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IPI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Intrepid Potash Inc (IPI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IPI has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
IPI
-18.3%
SPY
+15.9%

IPI outperformed SPY by -34.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
IPI
-17.1%
SPY
+2.0%

Since the filing became public, IPI outperformed SPY by -19.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

21 top-rated funds 1 high-conviction
Consensus
5.8
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: IPI
160 + Investors

Track Smart Money conviction in IPI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 160 130 23.08%
13F Shares 8M 8M 0.19%
Total Value $327M $222M 46.83%
New Positions 52 15 +37
Increased Positions 44 37 +7
Closed Positions 22 31 -9
Reduced Positions 42 57 -15
Total Calls 4 2 100.0%
Total Puts 4 1 300.0%
PUT/CALL Ratio 1.0 0.5 Neutral

Statistics: IPI

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

160 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in IPI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 IPI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Gate City Capital Management, LLC 3.73% 224,275 $9.6M
2 Azarias Capital Management, L.P. 3.33% 173,654 $7.4M
3 Peapod Lane Capital LLC 1.64% 46,086 $2.0M
4 Eschler Asset Management LLP 0.79% 18,462 $790K
5 Goehring & Rozencwajg Associates, LLC 0.61% 267,097 $11.4M
6 Steadtrust LLC 0.60% 24,790 $1.1M
7 Massar Capital Management, LP 0.26% 55,798 $2.4M
8 PDT Partners, LLC 0.16% 61,949 $2.6M
9 Glenorchy Capital Ltd 0.15% 61,235 $2.6M
10 Bridgeway Capital Management, LLC 0.11% 126,909 $5.4M
11 Driehaus Capital Management LLC 0.10% 313,888 $13.4M
12 EntryPoint Capital, LLC 0.09% 7,525 $322K
13 Informed Momentum Co LLC 0.09% 18,994 $812K
14 Harbour Capital Advisors, LLC 0.09% 12,430 $469K
15 Royce & Associates LP 0.08% 195,656 $8.4M
16 Campbell & CO Investment Adviser LLC 0.07% 28,928 $1.2M
17 Rossby Financial, LCC 0.06% 7,500 $316K
18 Headlands Technologies LLC 0.03% 6,123 $262K
19 Engineers Gate Manager LP 0.03% 53,018 $2.3M
20 Polymer Capital Management (US) LLC 0.03% 6,353 $272K
21 Baader Bank Aktiengesellschaft 0.03% 8,000 $342K
22 Nebula Research & Development LLC 0.03% 8,582 $307K
23 Numerai GP LLC 0.03% 5,949 $254K
24 Empowered Funds, LLC 0.02% 88,353 $3.8M
25 Susquehanna Portfolio Strategies, LLC 0.02% 33,531 $1.4M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Intrepid Potash Inc (IPI)

What does the Smart Money Trend signal show for IPI?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added IPI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for IPI?

More buyers than sellers — 60% buying: Last quarter: 97 funds were net buyers (52 opened a brand new position + 45 added to an existing one). Only 65 were sellers (43 trimmed + 22 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for IPI holders?

Strong quality — 38% AUM from major funds: 36 of 160 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held IPI?

57% of holders stayed for 2+ years: 92 out of 160 hedge funds have held IPI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Intrepid Potash Inc (IPI) following the 2026 Q1 hedge fund 13F filings?

As of today, IPI has moved -17.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -19.1%. Since the quarter end (March 31, 2026), IPI has gained -18.3% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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