IES Holdings, Inc.

IESC • NASDAQ

IES Holdings, Inc. is a engineering & construction company in the industrials sector on NASDAQ, led by Jeffrey L. Gendell, with a market cap of $9.1B. As of Q3 2025, 97% of shares are held by 314 institutional investors, with GENDELL JEFFREY L as the largest holder at 53.04%.

Chief Executive OfficerJeffrey L. Gendell

Market Cap$9.1B

Engineering & Construction

Industrials

Employees8.4K

Websiteies-co.com

Country

United States of America

Overview

Overview of institutional ownership in IESC as of Q3 2025 with a market cap of $7.9B

All Institutions

Institutions: 314
Value Held: $7.6B
Shares Held: 19.2M
Avg Position: $24.3M
Median Position: $555.3K

Hedge Funds

Hedge Funds: 33
Value Held: $319.9M
Shares Held: 804.4K
Avg Position: $9.7M
Median Position: $1.6M

Ownership Breakdown

Institutional (non-HF)

92.53%

$7.3B

Hedge Funds

4.05%

$319.9M

Retail & Other

3.42%

$269.8M

Based on market cap of $7.9B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in IESC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
G GENDELL JEFFREY L Institution	-	$4.2B 76.53% of portfolio	53.04% 10.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.5B
FMR LLC Institution	-	$821.7M 0.04% of portfolio	10.41% 2.1M shares	Q1 2020 Held for 5y 8m	$1.92T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$344.8M 0.01% of portfolio	4.37% 867.2K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$282.0M 0.00% of portfolio	3.57% 709.1K shares	Q2 2016 Held for 9y 5m	$5.67T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$199.9M 0.04% of portfolio	2.53% 502.8K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	$128.8M 0.10% of portfolio	1.63% 323.9K shares	Q4 2023 Held for 1y 11m	$134.11B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$106.7M 0.01% of portfolio	1.35% 268.4K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$80.9M 0.00% of portfolio	1.02% 203.4K shares	Q2 2016 Held for 9y 5m	$2.88T
P Pertento Partners LLP Hedge Fund•Long/Short	-	$71.1M 8.96% of portfolio	0.90% 178.8K shares	Q2 2025 Held for 5 months	$793.1M
R ROYCE & ASSOCIATES LLC Institution	-	$70.2M 0.70% of portfolio	0.89% 176.4K shares	≤ Q2 2013 Held for 12y 5m+	$10.0B

Net Capital Flow

Institutional buying and selling activity for IESC in Q3 2025

Traded: +$67.1M
Buyers: 176
Sellers: 116
Total Bought: +$420.3M
Total Sold: −$353.2M
Avg Position: $22.3M

Biggest Buyers

Institution	Net Bought	Current Position
FIRST TRUST ADVISORS LP ETF Provider	+$116.9M +294.0K shares	$128.8M 323.9K shares
SG Capital Management LLC Hedge Fund•Event Driven	+$38.6M +97.1K shares	$38.6M 97.1K shares
S Swedbank AB Institution	+$32.2M +81.0K shares	$32.2M 81.0K shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	+$31.8M +80.1K shares	$31.8M 80.1K shares
Parsifal Capital Management, LP Hedge Fund•Multi-Strategy	+$25.8M +64.8K shares	$25.8M 64.8K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$12.3M +31.0K shares	$12.7M 31.8K shares
UBS Group AG Institution	+$12.1M +30.4K shares	$33.6M 84.6K shares
MORGAN STANLEY RIA/Wealth	+$9.0M +22.6K shares	$63.3M 159.3K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$8.4M +21.1K shares	$52.3M 131.4K shares
BANK OF AMERICA CORP /DE/ Institution	+$8.3M +20.8K shares	$12.1M 30.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
FMR LLC Institution	−$127.7M −321.1K shares	$821.7M 2.1M shares
G GENDELL JEFFREY L Institution	−$58.0M −145.8K shares	$4.2B 10.5M shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	−$24.1M −60.7K shares	$59.2M 148.9K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$23.8M −59.9K shares	$199.9M 502.8K shares
KENNEDY CAPITAL MANAGEMENT, INC. Long Only Manager	−$10.8M −27.2K shares	$13.6M 34.2K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$10.7M −26.8K shares	$42.0M 105.7K shares
APIS CAPITAL ADVISORS, LLC Hedge Fund•Long/Short	−$8.5M −28.8K shares	Sold Off 0 shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$7.4M −25.0K shares	Sold Off 0 shares
O Ophir Asset Management Pty Ltd Long Only Manager	−$6.9M −17.3K shares	$25.7M 64.5K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$5.9M −14.9K shares	$5.8M 14.6K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited IESC in Q3 2025

New Positions: 55
New Value: $163.0M
Exited Positions: 28
Exited Value: $38.0M

New Positions

Institution	Position Value
SG Capital Management LLC Hedge Fund•Event Driven	$38.6M 97.1K shares
S Swedbank AB Institution	$32.2M 81.0K shares
DRIEHAUS CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	$31.8M 80.1K shares
Parsifal Capital Management, LP Hedge Fund•Multi-Strategy	$25.8M 64.8K shares
Bridgewater Associates, LP Hedge Fund•Global Macro	$6.9M 17.4K shares
Palisades Investment Partners, LLC RIA/Wealth	$5.3M 13.3K shares
C Concentric Capital Strategies, LP Hedge Fund•Long/Short	$2.3M 5.9K shares
MACKENZIE FINANCIAL CORP Long Only Manager	$2.2M 5.5K shares
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$1.6M 4.1K shares
V VIRGINIA RETIREMENT SYSTEMS ET AL Institution	$1.5M 3.8K shares

Exited Positions

Institution	Previous Position
APIS CAPITAL ADVISORS, LLC Hedge Fund•Long/Short	$8.5M 28.8K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$7.4M 25.0K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$4.9M 16.6K shares
MEEDER ASSET MANAGEMENT INC Long Only Manager	$3.7M 12.4K shares
O OPTIONS SOLUTIONS, LLC Hedge Fund•Sector	$3.2M 10.7K shares
A AXA Institution	$3.0M 10.0K shares
A Assenagon Asset Management S.A. Institution	$2.4M 8.1K shares
A Ausbil Investment Management Ltd Long Only Manager	$706.8K 2.4K shares
ARP AMERICAS LLC Hedge Fund•Multi-Strategy	$681.3K 2.3K shares
T TWO SIGMA SECURITIES, LLC Institution	$580.3K 2.0K shares

Options Activity

Institutions with the largest Call and Put options positions in IESC as of Q3 2025

Call Positions: 10
Call Value: $42.6M
Put Positions: 7
Put Value: $46.1M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$21.4M 539.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$11.4M 286.0 contracts
J JANE STREET GROUP, LLC Institution	$6.8M 170.0 contracts
P PEAK6 LLC Institution	$1.9M 48.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$477.2K 12.0 contracts
Walleye Trading LLC RIA/Wealth	$318.1K 8.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$278.4K 7.0 contracts
MAI Wealth Advisors RIA/Wealth	$39.8K - contracts
D D. E. Shaw & Co., Inc. Institution	- - contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$23.6M 594.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$14.5M 364.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$4.7M 117.0 contracts
J JANE STREET GROUP, LLC Institution	$2.3M 57.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$636.2K 16.0 contracts
Walleye Trading LLC RIA/Wealth	$437.4K 11.0 contracts
D D. E. Shaw & Co., Inc. Institution	- - contracts

Most Committed Institutions

Institutions with IESC as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
G GENDELL JEFFREY L Institution	-	76.53% $4.2B	53.04% 10.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.5B
P Pertento Partners LLP Hedge Fund•Long/Short	-	8.96% $71.1M	0.90% 178.8K shares	Q2 2025 Held for 5 months	$793.1M
A AltraVue Capital, LLC RIA/Wealth	Touk Sinantha Founder	5.48% $66.1M	0.84% 166.3K shares	Q4 2018 Held for 6y 11m	$1.2B
TradeLink Capital LLC Hedge Fund•Event Driven	Steven Wesley Wolf CEO	4.17% $502.2K	0.01% 1.3K shares	Q3 2025 Held for 2 months	$12.0M
SG Capital Management LLC Hedge Fund•Event Driven	Glen Schneider President	3.87% $38.6M	0.49% 97.1K shares	Q3 2025 Held for 2 months	$998.2M
O Ophir Asset Management Pty Ltd Long Only Manager	Sandra Donnarumma COO	3.17% $25.7M	0.33% 64.5K shares	Q1 2024 Held for 1y 8m	$809.7M
U United Capital Management of KS, Inc. Institution	-	2.52% $18.5M	0.23% 46.5K shares	Q2 2025 Held for 5 months	$734.9M
Parsifal Capital Management, LP Hedge Fund•Multi-Strategy	Lucas Robert Warford President	2.40% $25.8M	0.33% 64.8K shares	Q3 2025 Held for 2 months	$1.1B
A AdvisorShares Investments LLC Institution	Noah Hamman CEO	2.22% $13.3M	0.17% 33.6K shares	Q4 2024 Held for 11 months	$602.4M
L LRT Capital Management, LLC Institution	-	2.14% $3.2M	0.04% 8.1K shares	Q4 2024 Held for 11 months	$150.9M

Hedge Fund Spotlight

Discover hedge funds investing in IESC

Bridgewater Associates, LP

Hedge Fund • Global Macro

Portfolio ManagerNir Bar Dea

Portfolio Value: $25.5B
Positions: 1,015
Last Reported: Q3 2025

Sector Allocation

Position in IES Holdings, Inc.

Market Value: $6.9M
Shares Held: 17.4K
Portfolio Weight: 0.03%
Owned Since: 2025-Q3

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