Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Iren Limited (IREN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +100
Streak
4Q ▲
Buyers last Q
62%

Smart Money Signals — IREN

Based on 506 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added IREN 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
506 hedge funds hold IREN 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 — +201% more funds vs a year ago

fund count last 6Q
+338 new funds entered over the past year (+201% 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 — 62% buying

352 buying214 selling
Last quarter: 352 funds were net buyers (174 opened a brand new position + 178 added to an existing one). Only 214 were sellers (140 trimmed + 74 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+31 vs last Q)

new funds entering per quarter
Funds opening a new IREN position: 83 → 180 → 143 → 174. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 64% entered in last year

■ 13% conviction (2yr+) ■ 23% medium ■ 64% new
Only 68 funds (13%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📈

Growing discovery — still being found

33 → 83 → 180 → 143 → 174 new funds/Q
New funds entering each quarter: 83 → 180 → 143 → 174. A growing number of institutions are discovering IREN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 63% of holders entered in last year

■ 18% veterans ■ 19% 1-2yr ■ 63% new
Of 571 current holders: 361 (63%) entered in the past year, only 104 (18%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
54 of 496 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.
6.3
out of 10
Moderate Exit Risk
Exit risk score 6.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — IREN

In 2026 Q1, 352 hedge funds were net buyers of IREN (174 opened a new position, 178 added to an existing one), while 214 reduced or exited (140 trimmed, 74 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 38% of total institutional value in IREN is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +100 funds (more new holders than closures). Total institutional holders: 506.

Hedge Fund Ownership: IREN

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

Market Analysis: IREN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IREN

-- --

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

Is It Too Late to Buy Iren Limited (IREN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IREN has moved relative to its sector benchmark (XLF) 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 · 79d ago
IREN
+74.9%
XLF
+9.5%

IREN outperformed XLF by +65.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
IREN
+13.3%
XLF
+5.8%

Since the filing became public, IREN outperformed XLF by +7.5% .

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.

33 top-rated funds 10 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
4.3
/ 10
conviction
Hedge Fund Positioning: IREN
501 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 501 406 23.4%
13F Shares 291M 316M -7.96%
Total Value $9.81B $12.34B -20.52%
New Positions 169 143 +26
Increased Positions 157 143 +14
Closed Positions 74 97 -23
Reduced Positions 125 93 +32
Total Calls 40 46 -13.04%
Total Puts 35 43 -18.6%
PUT/CALL Ratio 0.88 0.93 Neutral

Statistics: IREN

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Valuation Measures Data as of: --

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

501 + investors

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

QUARTER:
Top 25 IREN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Crystal Cove Asset Management, LLC 22.10% 536,504 $18.4M
2 Alpine Fox Capital LLC 16.71% 750,461 $25.7M
3 BIT Capital GmbH 10.79% 6,527,102 $223.7M
4 Defiance ETFs, LLC 6.22% 12,671,028 $434.4M
5 Arosa Capital Management LP 4.96% 955,000 $32.7M
6 FirstWave Capital Management LLC 4.32% 118,614 $4.1M
7 Discovery Capital Management, LLC / Ct 3.27% 1,834,285 $62.9M
8 Situational Awareness Partners LP 2.93% 11,698,835 $401.0M
9 Situational Awareness LP 2.93% 11,698,835 $401.0M
10 JW Asset Management, LLC 2.32% 164,650 $5.6M
11 Privium Fund Management B.V. 2.28% 320,150 $11.0M
12 Arlington Capital Management, Inc. 1.94% 100,527 $3.4M
13 Avaii Wealth Management, LLC 1.71% 142,563 $4.9M
14 Wolverine Asset Management LLC 1.53% 4,621,100 $158.4M
15 Cantor Fitzgerald, L. P. 1.49% 2,937,510 $100.7M
16 Maridea Wealth Management LLC 1.44% 288,209 $9.9M
17 Cantor Fitzgerald, L. P. 1.42% 2,800,000 $96.0M
18 Feynman Point Asset Management LLC 1.27% 30,068 $1.0M
19 Mount Lucas Management LP 1.27% 100,000 $3.4M
20 Diker Management LLC 1.22% 40,000 $1.4M
21 Fwl Investment Management, LLC 1.22% 162,469 $5.6M
22 Bayesian Capital Management, LP 1.20% 28,800 $987K
23 Rakuten Securities, Inc. 1.18% 83,091 $2.8M
24 Sippican Capital Advisors 1.15% 49,045 $1.7M
25 Timelo Investment Management Inc. 1.14% 42,000 $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 — Iren Limited (IREN)

What does the Smart Money Trend signal show for IREN?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added IREN 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 IREN?

More buyers than sellers — 62% buying: Last quarter: 352 funds were net buyers (174 opened a brand new position + 178 added to an existing one). Only 214 were sellers (140 trimmed + 74 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for IREN holders?

Strong quality — 38% AUM from major funds: 54 of 496 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 IREN?

Mostly new holders — 64% entered in last year: Only 68 funds (13%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Iren Limited (IREN) following the 2026 Q1 hedge fund 13F filings?

As of today, IREN has moved +13.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of +7.5%. Since the quarter end (March 31, 2026), IREN has gained +74.9% vs +9.5% for XLF. 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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