IRSNYSELand Subdividers & Developers (No Cemeteries)Fiscal year ends June 30
IRSA INVESTMENTS & REPRESENTATIONS INC
Financials through fiscal 2025, year ended Jun 30, 2025Last filing: 20-F on Oct 21, 2026
$14.17+0.04 (+0.28%)
Close on Oct 19, 2026
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
1.9%
15M of 763M shares
Institutional holders
65
16 new, 22 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 4 sales
Net sold $64.83M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Helikon Investments Limited | 4,906,222 | 6.35% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of IRS | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Helikon Investments Ltd | 4,906,222 | 0.64% | $75.75M | +477,516 | 2.26% |
| VR Advisory Services Ltd | 2,670,087 | 0.35% | $41.23M | – | 3.66% |
| Nomura Asset Management International Inc. | 2,131,783 | 0.28% | $32.92M | −13,038 | 0.05% |
| JPMorgan Chase & Co | 915,870 | 0.12% | $14.04M | −18,271 | 0.00% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 914,713 | 0.12% | $14.12M | +172,207 | 0.02% |
| Orbis Allan Gray Ltd | 901,355 | 0.12% | $13.92M | +400,780 | 0.05% |
| Brevan Howard Capital Management LP | 253,556 | 0.03% | $3.95M | −80,000 | 0.03% |
| UBS Group AG | 169,165 | 0.02% | $2.61M | +132,294 | 0.00% |
| RWC Asset Management LLP | 155,815 | 0.02% | $2.41M | – | 0.09% |
| Morgan Stanley | 146,639 | 0.02% | $2.26M | −61,835 | 0.00% |
| Dauntless Investment Group, LLC | 126,542 | 0.02% | $1.95M | New | 1.54% |
| Systrade AG | 119,780 | 0.02% | $1.85M | – | 1.16% |
| Ping Capital Management, Inc. | 119,551 | 0.02% | $1.85M | −5,000 | 0.46% |
| Secure Asset Management, LLC | 92,154 | 0.01% | $1.42M | +1,200 | 0.20% |
| Goldman Sachs Group Inc | 86,379 | 0.01% | $1.33M | +6,669 | 0.00% |
| Kopernik Global Investors, LLC | 85,360 | 0.01% | $1.32M | −3 | 0.08% |
| Praetorian PR LLC | 85,000 | 0.01% | $1.31M | New | 0.42% |
| Stonehill Capital Management LLC | 80,673 | 0.01% | $1.25K | New | 0.36% |
| CenterBook Partners LP | 78,651 | 0.01% | $1.21M | New | 0.06% |
| Glenorchy Capital Ltd | 66,697 | 0.01% | $1.03M | +3,150 | 0.04% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 65 | 15M | 1.9% | 16 / 15 | 11 / 22 | 2M | 1M |
| Q1 2026 | 71 | 13M | 1.8% | 22 / 16 | 14 / 5 | 1M | 1M |
| Q4 2025 | 55 | 13M | 1.8% | 20 / 19 | 14 / 10 | 4M | 4M |
| Q3 2025 | 46 | 14M | 1.8% | 9 / 15 | 10 / 9 | 4M | 2M |
| Q2 2025 | 46 | 11M | 1.5% | 6 / 16 | 15 / 8 | 2M | 1M |
| Q1 2025 | 48 | 10M | 1.3% | 9 / 18 | 10 / 13 | 2M | 1M |
| Q4 2024 | 52 | 9M | 1.2% | 12 / 23 | 13 / 6 | 2M | 1M |
| Q3 2024 | 46 | 9M | 1.1% | 12 / 16 | 5 / 7 | 1M | 1M |
| Q2 2024 | 41 | 9M | 1.2% | 9 / 10 | 7 / 11 | 1M | 1M |
| Q1 2024 | 43 | 9M | 1.2% | 18 / 12 | 12 / 12 | 0M | 1M |
| Q4 2023 | 38 | 10M | 1.3% | 36 / 1 | 1 / 0 | 9M | 0M |
| Q3 2023 | 2 | 1M | 0.1% | 2 / 0 | 0 / 0 | 1M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of IRS | Value | % of fund | As of |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund | 1,751,834 | 0.23% | $27.05M | 0.19% | May 29, 2026 |
| Global X MSCI Argentina ETF | 882,937 | 0.12% | $13.41M | 1.58% | Jul 31, 2026 |
| Nomura VIP Emerging Markets Series | 194,351 | 0.03% | $3.00M | 0.21% | Jun 30, 2026 |
| Global Macro Capital Opportunities Portfolio | 60,072 | 0.01% | $912.49K | 0.02% | Jul 31, 2026 |
| Kopernik Global All-Cap Fund | 38,775 | 0.01% | $588.99K | 0.02% | Jul 31, 2026 |
| ActivePassive International Equity ETF | 18,047 | 0.00% | $278.65K | 0.03% | May 31, 2026 |
| Parametric Tax-Managed Emerging Markets Fund | 16,898 | 0.00% | $260.91K | 0.04% | Jun 30, 2026 |
| Voya Multi-Manager Emerging Markets Equity Fund | 12,151 | 0.00% | $184.57K | 0.08% | Jul 31, 2026 |
| Tiff Multi-Asset Fund | 9,676 | 0.00% | $149.40K | 0.01% | Jun 30, 2026 |
| Parametric Emerging Markets Fund | 4,696 | 0.00% | $71.33K | 0.03% | Jul 31, 2026 |
| Multi-Asset Strategy Fund | 191 | 0.00% | $2.90K | 0.00% | Jul 31, 2026 |
| Multi-Strategy Income Fund | 43 | 0.00% | $653 | 0.00% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jorge Alberto Cruces | Chief Investment Officer | 0 | – | Jun 30, 2026 |
| Matias Ivan Gaivironsky | CFO | 403,985 | 0.05% | May 27, 2026 |
| Alejandro Gustavo Elsztain | Director | 5,010,638 | 0.66% | Sep 22, 2026 |
| Fernando Adrian Elsztain | Director | 0 | – | Jul 30, 2026 |
| Eduardo S. Elsztain | Director, 10% owner | 186,938,535 | 24.52% | Jun 12, 2026 |
| Nadai Liliana Luisa De | Director | – | – | Mar 18, 2026 |
| Daniel Ricardo Elsztain | Director | – | – | Mar 18, 2026 |
| Ben Iosef Elsztain | Director | – | – | Mar 18, 2026 |
| David Landis Williams | Director | – | – | Mar 18, 2026 |
| Maria Julia Bearzi | Director | – | – | Mar 18, 2026 |
| Saul Zang | Director | 1,772,670 | 0.23% | Mar 18, 2026 |
| Oscar Pedro Bergotto | Director | – | – | Mar 18, 2026 |
| Nicolas Bendersky | Director | 597 | 0.00% | Mar 18, 2026 |
| Mauricio Elias Wior | Director | – | – | Mar 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Alejandro Gustavo Elsztain Director | Aug 20, 2026 | Gift | −6,645 | – | – | 5,010,638 |
| Jorge Alberto Cruces Chief Investment Officer | Jun 30, 2026 | Sale | −24,913 | $1.53 | $38.12K | 0 |
| Eduardo S. Elsztain Director, 10% owner | May 12, 2026 | Option exercise | +13,010,290 | – | – | 182,481,277 |
| Matias Ivan Gaivironsky CFO | May 12, 2026 | Option exercise | +174,198 | – | – | 403,985 |
| Fernando Adrian Elsztain Director | Apr 9, 2026 | Sale | −5,524 | $1.69 | $9.34K | 0 |
| Eduardo S. Elsztain Director, 10% owner | Mar 19, 2026 | Sale | −20,000 | $2115.00 | $42.30M | 4,457,258 |
| Eduardo S. Elsztain Director, 10% owner | Mar 18, 2026 | Sale | −10,428 | $2156.03 | $22.48M | 4,477,258 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Eduardo S. Elsztain CHAIRMAN | Feb 6, 2026 | 4,434,647 | $7.40M | Feb 5, 2026 | Negotiated, private transaction |
| Elsztain Eduardo CHAIRMAN | Dec 11, 2025 | 5,510,147 | $8.77M | Dec 10, 2025 | Negotiated, private transaction |
| Eduardo S. Elsztain CHAIRMAN | May 27, 2025 | 127,551 | $2.00M | May 20, 2025 | Allocation - pro rata distribution of shares |