Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ironwood Pharmaceuticals Inc (IRWD)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +25
Streak
3Q ▲
Buyers last Q
62%

Smart Money Signals — IRWD

Based on 221 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 IRWD 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 — 85% of 3.0Y peak

85% of all-time peak
221 funds currently hold this stock — 85% of the 3.0-year high of 260 funds (reached 2024 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+10% 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

138 buying86 selling
Last quarter: 138 funds were net buyers (53 opened a brand new position + 85 added to an existing one). Only 86 were sellers (58 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~53 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 19 → 33 → 57 → 53. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 20% medium ■ 25% new
121 out of 221 hedge funds have held IRWD 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.
🚀

Acceleration phase — new buyers rushing in

34 → 19 → 33 → 57 → 53 new funds/Q
New funds entering each quarter: 19 → 33 → 57 → 53. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 62% veterans vs 28% newcomers

■ 62% veterans ■ 10% 1-2yr ■ 28% new
Entry-cohort mix of 230 holders: 142 (62%) are 2+ year veterans, 24 entered 1–2 years ago, and 64 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
44 of 221 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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 — IRWD

In 2026 Q1, 138 hedge funds were net buyers of IRWD (53 opened a new position, 85 added to an existing one), while 86 reduced or exited (58 trimmed, 28 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 35% of total institutional value in IRWD is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +25 funds (more new holders than closures). Total institutional holders: 221.

Hedge Fund Ownership: IRWD

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

Market Analysis: IRWD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IRWD

-- --

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

Is It Too Late to Buy Ironwood Pharmaceuticals Inc (IRWD) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IRWD 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 · 78d ago
IRWD
+2.8%
XLV
+3.2%

IRWD outperformed XLV by -0.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
IRWD
+0.8%
XLV
+4.3%

Since the filing became public, IRWD outperformed XLV by -3.5% .

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.

22 top-rated funds 0 high-conviction
Consensus
5.9
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: IRWD
220 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 220 196 12.24%
13F Shares 174M 166M 4.98%
Total Value $584M $558M 4.6%
New Positions 52 57 -5
Increased Positions 83 63 +20
Closed Positions 28 28 -
Reduced Positions 56 47 +9
Total Calls 5 4 25.0%
Total Puts 4 2 100.0%
PUT/CALL Ratio 0.8 0.5 Neutral

Statistics: IRWD

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

220 + investors

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

QUARTER:
Top 25 IRWD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sarissa Capital Management LP 20.46% 9,188,635 $32.3M
2 CM Management, LLC 1.03% 350,000 $1.2M
3 Armistice Capital, LLC 0.94% 15,028,000 $52.7M
4 Range Financial Group LLC 0.51% 433,256 $1.5M
5 Integrated Quantitative Investments LLC 0.35% 552,104 $1.9M
6 Harvest Investment Services, LLC 0.16% 241,881 $849K
7 Inspire Investing, LLC 0.15% 509,941 $1.8M
8 Optimist Retirement Group LLC 0.15% 94,831 $333K
9 Globeflex Capital L P 0.14% 259,809 $912K
10 Hillsdale Investment Management Inc. 0.12% 1,236,628 $4.3M
11 SmartHarvest Portfolios, LLC 0.11% 75,462 $265K
12 nVerses Capital, LLC 0.10% 32,554 $114K
13 Virtus Advisers, LLC 0.09% 58,000 $204K
14 EntryPoint Capital, LLC 0.09% 86,874 $305K
15 Virtus Investment Advisers, LLC 0.07% 76,169 $267K
16 Jacobs Levy Equity Management, Inc 0.05% 3,632,477 $12.7M
17 State of Wyoming 0.05% 128,175 $450K
18 Legato Capital Management LLC 0.05% 156,059 $548K
19 Scientech Research LLC 0.05% 15,917 $56K
20 Renaissance Technologies LLC 0.04% 8,061,073 $28.3M
21 Wedge Capital Management L L P/Nc 0.04% 540,492 $1.9M
22 Bridgeway Capital Management, LLC 0.03% 440,493 $1.5M
23 WINTON GROUP Ltd 0.03% 241,746 $849K
24 MQS Management LLC 0.03% 11,451 $40K
25 Essential Partners LLC 0.03% 22,102 $78K
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 — Ironwood Pharmaceuticals Inc (IRWD)

What does the Smart Money Trend signal show for IRWD?

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

More buyers than sellers — 62% buying: Last quarter: 138 funds were net buyers (53 opened a brand new position + 85 added to an existing one). Only 86 were sellers (58 trimmed + 28 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for IRWD holders?

Strong quality — 35% AUM from major funds: 44 of 221 holders rank in the top 100 by AUM, accounting for 35% 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 IRWD?

55% of holders stayed for 2+ years: 121 out of 221 hedge funds have held IRWD 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 Ironwood Pharmaceuticals Inc (IRWD) following the 2026 Q1 hedge fund 13F filings?

As of today, IRWD has moved +0.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.3% for the XLV sector ETF — an outperformance of -3.5%. Since the quarter end (March 31, 2026), IRWD has gained +2.8% vs +3.2% 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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