Innovative Solutions & Support

ISSC • NASDAQ

Innovative Solutions & Support is a aerospace & defense company in the industrials sector on NASDAQ, led by Shahram Askarpour, with a market cap of $196.8M. As of Q3 2025, 41% of shares are held by 91 institutional investors, with MORGAN STANLEY as the largest holder at 3.64%.

Chief Executive OfficerShahram Askarpour

Market Cap$196.8M

Aerospace & Defense

Industrials

Employees98.0

Websiteinnovative-ss.com

Country

United States of America

Overview

Overview of institutional ownership in ISSC as of Q3 2025 with a market cap of $220.2M

All Institutions

Institutions: 91
Value Held: $90.2M
Shares Held: 7.2M
Avg Position: $991.3K
Median Position: $261.2K

Hedge Funds

Hedge Funds: 10
Value Held: $12.3M
Shares Held: 981.4K
Avg Position: $1.2M
Median Position: $261.9K

Ownership Breakdown

Institutional (non-HF)

35.4%

$77.9M

Hedge Funds

5.57%

$12.3M

Retail & Other

59.03%

$130.0M

Based on market cap of $220.2M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ISSC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$8.0M 0.00% of portfolio	3.64% 641.4K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$6.9M 0.00% of portfolio	3.16% 556.2K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
Marshall Wace LLP Institution	Diana Lj Harrison President	$6.0M 0.01% of portfolio	2.72% 479.2K shares	Q4 2024 Held for 11 months	$90.3B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$4.6M 0.00% of portfolio	2.11% 372.3K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
B BlackRock, Inc. Institution	-	$4.5M 0.00% of portfolio	2.05% 361.1K shares	Q1 2017 Held for 8y 8m	$5.67T
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$4.1M 0.01% of portfolio	1.85% 327.0K shares	≤ Q2 2013 Held for 12y 5m+	$75.8B
W WealthTrust Axiom LLC Institution	-	$4.0M 1.08% of portfolio	1.84% 323.7K shares	≤ Q2 2013 Held for 12y 5m+	$373.3M
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	Andrew John Matysik CEO	$3.8M 0.22% of portfolio	1.74% 306.7K shares	Q3 2023 Held for 2y 2m	$1.7B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$3.6M 0.00% of portfolio	1.64% 289.6K shares	Q1 2022 Held for 3y 8m	$122.08B
Palisades Investment Partners, LLC RIA/Wealth	Quinn R. Stills Managing Partner	$2.9M 1.15% of portfolio	1.33% 234.3K shares	Q3 2025 Held for 2 months	$254.6M

Net Capital Flow

Institutional buying and selling activity for ISSC in Q3 2025

Traded: +$13.9M
Buyers: 63
Sellers: 30
Total Bought: +$27.0M
Total Sold: −$13.1M
Avg Position: $875.8K

Biggest Buyers

Institution	Net Bought	Current Position
Palisades Investment Partners, LLC RIA/Wealth	+$2.9M +234.3K shares	$2.9M 234.3K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$2.7M +217.5K shares	$3.6M 289.6K shares
Marshall Wace LLP Institution	+$2.4M +189.4K shares	$6.0M 479.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$2.2M +177.2K shares	$2.7M 217.5K shares
Ancora Advisors, LLC RIA/Wealth	+$2.0M +162.7K shares	$2.0M 162.7K shares
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	+$1.2M +96.7K shares	$3.8M 306.7K shares
NAVELLIER & ASSOCIATES INC RIA/Wealth	+$1.1M +91.9K shares	$1.1M 91.9K shares
W Winton Capital Group Ltd Institution	+$1.1M +89.9K shares	$1.1M 89.9K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$925.7K +74.1K shares	$2.9M 231.4K shares
N NEW YORK STATE COMMON RETIREMENT FUND Institution	+$889.0K +71.2K shares	$889.0K 71.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
W WealthTrust Axiom LLC Institution	−$1.9M −151.6K shares	$4.0M 323.7K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$1.8M −142.8K shares	$4.1M 327.0K shares
M Man Group plc Institution	−$1.2M −98.5K shares	$805.1K 64.5K shares
EAM Investors, LLC Long Only Manager	−$1.1M −79.5K shares	Sold Off 0 shares
JPMORGAN CHASE & CO Institution	−$848.5K −61.1K shares	Sold Off 0 shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	−$818.1K −65.5K shares	$289.2K 23.2K shares
T THOROUGHBRED FINANCIAL SERVICES, LLC RIA/Wealth	−$746.8K −53.8K shares	Sold Off 0 shares
Trexquant Investment LP Hedge Fund•Quant	−$596.7K −43.0K shares	Sold Off 0 shares
MORGAN STANLEY RIA/Wealth	−$499.7K −40.0K shares	$8.0M 641.4K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$468.3K −37.5K shares	$262.5K 21.0K shares

Entry and Exit Activity

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

New Positions: 26
New Value: $13.0M
Exited Positions: 12
Exited Value: $5.3M

New Positions

Institution	Position Value
Palisades Investment Partners, LLC RIA/Wealth	$2.9M 234.3K shares
Ancora Advisors, LLC RIA/Wealth	$2.0M 162.7K shares
NAVELLIER & ASSOCIATES INC RIA/Wealth	$1.1M 91.9K shares
W Winton Capital Group Ltd Institution	$1.1M 89.9K shares
N NEW YORK STATE COMMON RETIREMENT FUND Institution	$889.0K 71.2K shares
Cetera Investment Advisers RIA/Wealth	$888.6K 71.1K shares
B BENJAMIN EDWARDS INC Institution	$807.3K 64.6K shares
R Russell Investments Group, Ltd. RIA/Wealth	$584.3K 46.8K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$545.0K 43.6K shares
Independent Advisor Alliance RIA/Wealth	$431.3K 34.5K shares

Exited Positions

Institution	Previous Position
EAM Investors, LLC Long Only Manager	$1.1M 79.5K shares
JPMORGAN CHASE & CO Institution	$848.5K 61.1K shares
T THOROUGHBRED FINANCIAL SERVICES, LLC RIA/Wealth	$746.8K 53.8K shares
Trexquant Investment LP Hedge Fund•Quant	$596.7K 43.0K shares
OCCUDO QUANTITATIVE STRATEGIES LP Hedge Fund•Market Neutral	$419.9K 30.3K shares
Hillsdale Investment Management Inc. Long Only Manager	$378.9K 27.3K shares
B BNP PARIBAS ARBITRAGE, SA Institution	$352.4K 25.4K shares
Q Quadrature Capital Ltd Institution	$286.3K 20.6K shares
J Jump Financial, LLC Institution	$223.7K 16.1K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$178.9K 12.9K shares

Options Activity

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

Call Positions: 2
Call Value: $649.5K
Put Positions: 2
Put Value: $866.8K

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$367.2K 294.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$282.3K 226.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$468.4K 375.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$398.4K 319.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Palisades Investment Partners, LLC RIA/Wealth	Quinn R. Stills Managing Partner	1.15% $2.9M	1.33% 234.3K shares	Q3 2025 Held for 2 months	$254.6M
W WealthTrust Axiom LLC Institution	-	1.08% $4.0M	1.84% 323.7K shares	≤ Q2 2013 Held for 12y 5m+	$373.3M
I ISTHMUS PARTNERS, LLC RIA/Wealth	David A Hackworthy CIO	0.53% $2.4M	1.08% 189.8K shares	Q3 2023 Held for 2y 2m	$448.9M
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	Andrew John Matysik CEO	0.22% $3.8M	1.74% 306.7K shares	Q3 2023 Held for 2y 2m	$1.7B
PEKIN SINGER STRAUSS ASSET MANAGEMENT /IL RIA/Wealth	Adam Savitz Strauss CEO	0.18% $1.7M	0.79% 139.7K shares	Q3 2024 Held for 1y 2m	$986.9M
M Meixler Investment Management, Ltd. RIA/Wealth	Michael Charles Meixler CCO	0.13% $210.1K	0.10% 16.8K shares	Q1 2025 Held for 8 months	$163.0M
NAVELLIER & ASSOCIATES INC RIA/Wealth	Louis Gene Navellier CEO	0.12% $1.1M	0.52% 91.9K shares	Q3 2025 Held for 2 months	$983.4M
Integrated Quantitative Investments LLC Long Only Manager	Kirsten Anna Syverson CEO	0.06% $207.8K	0.09% 16.6K shares	Q1 2025 Held for 8 months	$351.3M
CORSAIR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	Jeffrey Archer Zelin COO	0.04% $247.9K	0.11% 19.8K shares	Q3 2024 Held for 1y 2m	$563.1M
W Winton Capital Group Ltd Institution	-	0.04% $1.1M	0.51% 89.9K shares	Q3 2025 Held for 2 months	$2.7B

Hedge Fund Spotlight

Discover hedge funds investing in ISSC

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in Innovative Solutions & Support

Market Value: $545.0K
Shares Held: 43.6K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%