# EDGAR Filing Document

**Accession Number:** 0001500233
**File Stem:** 0001193125-25-328001
**Filing Date:** 2025-12
**Character Count:** 18378
**Document Hash:** d0e7dc3dfaff5f661e8d4e512528622a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-328001.hdr.sgml**: 20251222

**ACCESSION NUMBER**: 0001193125-25-328001

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251222

**DATE AS OF CHANGE**: 20251222

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ironwood Institutional Multi-Strategy Fund LLC
- **CENTRAL INDEX KEY:** 0001500233

**ORGANIZATION NAME:**
- **EIN:** 273335948
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0411

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22463
- **FILM NUMBER:** 251590514

**BUSINESS ADDRESS:**
- **STREET 1:** ONE MARKET PL STEUART TWR STE2500
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 415-777-2400

**MAIL ADDRESS:**
- **STREET 1:** ONE MARKET PL STEUART TWR STE2500
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Ironwood Institutional Multi-Strategy Fund LLC

- **b. Investment Company Act file number:** 811-22463

- **c. CIK number of Registrant:** 0001500233

- **d. LEI of Registrant:** 549300FYWC6KMN5NPQ25

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Market Plaza

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 415-777-2400

**Item A.2. Information about the Series.**

- **a. Name of Series:** Ironwood Institutional Multi-Strategy Fund LLC

- **c. LEI of Series:** 549300FYWC6KMN5NPQ25

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $6131569042.00

**Total Liabilities:** $65790201.00

**Net Assets:** $6065778841.00

**Cash Not Reported:** $86202308.00

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.61%                | 1.26%                | 1.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $87840.00                | $41022541.91                               |
| Month 2  | $0.00                    | $79340266.83                               |
| Month 3  | $87840.00                | $97107487.58                               |

### Schedule of Portfolio Investments

| Name                                                                          | Title                                                                         | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Alphadyne Global Rates Fund II, Ltd                                           | Alphadyne Global Rates Fund II, Ltd                                           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 212000000 | PA      | $300815120.00 | 4.96%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Alphadyne International Fund, Ltd                                             | Alphadyne International Fund, Ltd                                             | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  16000000 | PA      | $23680996.00  | 0.39%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Apollo Offshore Credit Strategies Fund Ltd                                    | Apollo Offshore Credit Strategies Fund Ltd                                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 290500000 | PA      | $352645867.00 | 5.81%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Brevan Howard Alpha Strategies Fund Ltd                                       | Brevan Howard Alpha Strategies Fund Ltd                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  72229340 | PA      | $83614012.00  | 1.38%             |  |  |  | Yes           | N/A                | On Loan: No      |
| HG Vora Special Opportunities Fund, Ltd                                       | HG Vora Special Opportunities Fund, Ltd                                       | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 125461730 | PA      | $169950362.00 | 2.80%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Holocene Advisors Offshore Fund Ltd                                           | Holocene Advisors Offshore Fund Ltd                                           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 144500000 | PA      | $297089865.00 | 4.90%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Ilex Offshore Fund Limited                                                    | Ilex Offshore Fund Limited                                                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 114500000 | PA      | $134038996.00 | 2.21%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Kirkoswald Global Macro Fund Limited                                          | Kirkoswald Global Macro Fund Limited                                          | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 186000000 | PA      | $298786534.00 | 4.93%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Millennium International, Ltd                                                 | Millennium International, Ltd                                                 | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 243905643 | PA      | $602468436.00 | 9.93%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Point72 Capital International, Ltd                                            | Point72 Capital International, Ltd                                            | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 301106646 | PA      | $451597884.00 | 7.45%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Polymer Asia (Cayman) Fund Ltd.                                               | Polymer Asia (Cayman) Fund Ltd.                                               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 101993178 | PA      | $132163075.00 | 2.18%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Suvretta Offshore Fund, Ltd                                                   | Suvretta Offshore Fund, Ltd                                                   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   1041906 | PA      | $847051.00    | 0.01%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Suvretta Partners, LP                                                         | Suvretta Partners, LP                                                         | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    981056 | PA      | $210166.00    | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Tiger Global Crossover (Cayman) LP                                            | Tiger Global Crossover (Cayman) LP                                            | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 113000000 | PA      | $116151749.00 | 1.91%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Two Sigma Absolute Return Enhanced Cayman Fund, Ltd                           | Two Sigma Absolute Return Enhanced Cayman Fund, Ltd                           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 170473761 | PA      | $174410120.00 | 2.88%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Two Sigma Spectrum Cayman Fund, Ltd                                           | Two Sigma Spectrum Cayman Fund, Ltd                                           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  18442620 | PA      | $31013197.00  | 0.51%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Woodline Offshore Fund Ltd.                                                   | Woodline Offshore Fund Ltd.                                                   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 127650000 | PA      | $241014411.00 | 3.97%             |  |  |  | Yes           | N/A                | On Loan: No      |
| XN Exponent Offshore Fund LP                                                  | XN Exponent Offshore Fund LP                                                  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  40220549 | PA      | $46052119.00  | 0.76%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Fidelity Investments Money Market Government Portfolio Class I                | Fidelity Investments Money Market Government Portfolio Class I                | CUSIP: 316175108<br>LEI: N/A | Long             |  | RF                | US        |  46439374 | NS      | $46439374.00  | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares | Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares | CUSIP: 38142B500<br>LEI: N/A | Long             |  | RF                | US        |  33726577 | NS      | $33726577.00  | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| JPMorgan U.S. Government Money Market Fund Class I                            | JPMorgan U.S. Government Money Market Fund Class I                            | CUSIP: 4812C2684<br>LEI: N/A | Long             |  | RF                | US        |  43868083 | NS      | $43868083.00  | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Cerberus Global NPL Feeder Fund, L.P.                                         | Cerberus Global NPL Feeder Fund, L.P.                                         | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |   4735922 | PA      | $13311517.00  | 0.22%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Cerberus Global NPL Fund AIV II S.C.A.                                        | Cerberus Global NPL Fund AIV II S.C.A.                                        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | LU        |  22821201 | PA      | $37600438.00  | 0.62%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Cerberus Global NPL Fund AIV, L.P.                                            | Cerberus Global NPL Fund AIV, L.P.                                            | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    202290 | PA      | $96826.00     | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Cerberus International II, L.P.                                               | Cerberus International II, L.P.                                               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |  18744430 | PA      | $25815036.00  | 0.43%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Cerberus International SPV, Ltd                                               | Cerberus International SPV, Ltd                                               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |     33658 | PA      | $82113.00     | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Cerberus International, Ltd                                                   | Cerberus International, Ltd                                                   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | BS        |     11509 | PA      | $25188.00     | 0.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Coatue Offshore Fund, Ltd                                                     | Coatue Offshore Fund, Ltd                                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 122000000 | PA      | $164523919.00 | 2.71%             |  |  |  | Yes           | N/A                | On Loan: No      |
| D.E. Shaw Lithic International Fund, L.P.                                     | D.E. Shaw Lithic International Fund, L.P.                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 110000000 | PA      | $143179989.00 | 2.36%             |  |  |  | Yes           | N/A                | On Loan: No      |
| D.E. Shaw Valence International Fund, L.P.                                    | D.E. Shaw Valence International Fund, L.P.                                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  23925054 | PA      | $122475767.00 | 2.02%             |  |  |  | Yes           | N/A                | On Loan: No      |
| D.E. Shaw Composite International Fund, L.P.                                  | D.E. Shaw Composite International Fund, L.P.                                  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  51757187 | PA      | $234661198.00 | 3.87%             |  |  |  | Yes           | N/A                | On Loan: No      |
| D1 Capital Partners Offshore LP                                               | D1 Capital Partners Offshore LP                                               | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 153000000 | PA      | $367256145.00 | 6.05%             |  |  |  | Yes           | N/A                | On Loan: No      |
| D.E. Shaw Cogence International Fund, L.P.                                    | D.E. Shaw Cogence International Fund, L.P.                                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 130000000 | PA      | $130910000.00 | 2.16%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Dragoneer Global Offshore Feeder II, L.P.                                     | Dragoneer Global Offshore Feeder II, L.P.                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 109951781 | PA      | $100208264.00 | 1.65%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Eisler Capital Multi Strategy Fund Ltd                                        | Eisler Capital Multi Strategy Fund Ltd                                        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  58313106 | PA      | $64635421.00  | 1.07%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Elliott International, Ltd                                                    | Elliott International, Ltd                                                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 286138780 | PA      | $518875673.00 | 8.55%             |  |  |  | Yes           | N/A                | On Loan: No      |
| ExodusPoint Partners International Fund, Ltd                                  | ExodusPoint Partners International Fund, Ltd                                  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 104833125 | PA      | $184888028.00 | 3.05%             |  |  |  | Yes           | N/A                | On Loan: No      |
| FGP Redwood Offshore Fund Ltd                                                 | FGP Redwood Offshore Fund Ltd                                                 | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 230000000 | PA      | $260427156.00 | 4.29%             |  |  |  | Yes           | N/A                | On Loan: No      |
| HG Vora Opportunistic Capital Fund (Cayman) LP                                | HG Vora Opportunistic Capital Fund (Cayman) LP                                | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |         0 | PA      | $3134023.00   | 0.05%             |  |  |  | Yes           | N/A                | On Loan: No      |
| HG Vora Special Opportunities Fund, LP                                        | HG Vora Special Opportunities Fund, LP                                        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |  39998125 | PA      | $61905633.00  | 1.02%             |  |  |  | Yes           | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2025-12-19

**Name of Applicant:** Ironwood Institutional Multi-Strategy Fund LLC

**Signature:** Martha Boero

**Name of Signer:** Martha Boero

**Title:** Treasurer