Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Iridex Corp (IRIX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
3Q ▲
Buyers last Q
62%

Smart Money Signals — IRIX

Based on 24 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added IRIX 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.
📊

High ownership — 80% of 3.0Y peak

80% of all-time peak
24 funds currently hold this stock — 80% of the 3.0-year high of 30 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +4% more funds vs a year ago

fund count last 6Q
+1 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 62% buying

13 buying8 selling
Last quarter: 13 funds were net buyers (6 opened a brand new position + 7 added to an existing one). Only 8 were sellers (4 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 3 → 3 → 5 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 8% medium ■ 29% new
15 out of 24 hedge funds have held IRIX 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.
➡️

Steady discovery — ~6 new funds/quarter

2 → 3 → 3 → 5 → 6 new funds/Q
New funds entering each quarter: 3 → 3 → 5 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 67% veterans vs 29% newcomers

■ 67% veterans ■ 4% 1-2yr ■ 29% new
Entry-cohort mix of 24 holders: 16 (67%) are 2+ year veterans, 1 entered 1–2 years ago, and 7 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 14% AUM from top-100

14% from top-100 AUM funds
10 of 24 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — 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 — IRIX

In 2026 Q1, 13 hedge funds were net buyers of IRIX (6 opened a new position, 7 added to an existing one), while 8 reduced or exited (4 trimmed, 4 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 24.

Hedge Fund Ownership: IRIX

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

Market Analysis: IRIX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IRIX

-- --

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

Is It Too Late to Buy Iridex Corp (IRIX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IRIX has moved relative to its sector benchmark (XLV) 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 · 82d ago
IRIX
+11.9%
XLV
+705.0%

IRIX outperformed XLV by -693.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
IRIX
+11.9%
XLV
+691.9%

Since the filing became public, IRIX outperformed XLV by -680.0% .

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.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: IRIX
24 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 24 22 9.09%
13F Shares 3M 3M 3.51%
Total Value $3M $3M -8.42%
New Positions 6 5 +1
Increased Positions 7 3 +4
Closed Positions 4 4 -
Reduced Positions 4 6 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: IRIX

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

24 + investors

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

QUARTER:
Top 20 IRIX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Paragon Associates & Paragon Associates II Joint Venture 1.37% 1,000,000 $1.0M
2 Weber Capital Management LLC /Adv 0.26% 259,558 $262K
3 Perkins Capital Management Inc 0.05% 55,300 $56K
4 Thompson Davis & CO., INC. 0.03% 47,444 $48K
5 Two Sigma Securities, LLC 0.00% 10,792 $11K
6 Renaissance Technologies LLC 0.00% 396,627 $401K
7 Diversify Wealth Management, LLC 0.00% 33,840 $35K
8 United Capital Financial Advisors, LLC 0.00% 57,529 $58K
9 Tower Research Capital LLC (TRC) 0.00% 2,092 $2K
10 Vanguard Fiduciary Trust Co 0.00% 60,155 $61K
11 Vanguard Capital Management LLC 0.00% 514,593 $520K
12 HighTower Advisors, LLC 0.00% 10,000 $10K
13 Citadel Advisors LLC 0.00% 60,851 $61K
14 Jane Street Group, LLC 0.00% 37,634 $38K
15 Goldman Sachs Group Inc 0.00% 37,621 $38K
16 Susquehanna International Group, LLP 0.00% 28,919 $29K
17 Group One Trading LLC 0.00% 1,100 $1K
18 BlackRock, Inc. 0.00% 20,260 $20K
19 UBS Group AG 0.00% 1,144 $1K
20 Simplex Trading, LLC 0.00% 160 —
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 — Iridex Corp (IRIX)

What does the Smart Money Trend signal show for IRIX?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added IRIX 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 IRIX?

More buyers than sellers — 62% buying: Last quarter: 13 funds were net buyers (6 opened a brand new position + 7 added to an existing one). Only 8 were sellers (4 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for IRIX holders?

Smaller funds dominant — 14% AUM from top-100: 10 of 24 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held IRIX?

62% of holders stayed for 2+ years: 15 out of 24 hedge funds have held IRIX 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 Iridex Corp (IRIX) following the 2026 Q1 hedge fund 13F filings?

As of today, IRIX has moved +11.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +691.9% for the XLV sector ETF — an outperformance of -680.0%. Since the quarter end (March 31, 2026), IRIX has gained +11.9% vs +705.0% for XLV. 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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