# EDGAR Filing Document

**Accession Number:** 0001500233
**File Stem:** 0001145549-25-040424
**Filing Date:** 2025-6
**Character Count:** 18008
**Document Hash:** 636b2d8c33156352cec2688a7f459577
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-040424.hdr.sgml**: 20250623

**ACCESSION NUMBER**: 0001145549-25-040424

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250623

**DATE AS OF CHANGE**: 20250623

**PERIOD START**: 20250430

**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:** 251064125

**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:** 2025-04-30

- **b. Date as of which information is reported:** 2025-04-30

**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:** $5646859955.00

**Total Liabilities:** $68518411.00

**Net Assets:** $5578341544.00

**Cash Not Reported:** $73118921.00

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.32%               | -0.26%               | 0.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-11586632.70                              |
| Month 2  | $1214115.67              | $-9485929.56                               |
| Month 3  | $20063514.42             | $-2493192.08                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 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        |  89137074 | NS      | $89137074.00  | 1.60%             |  |  |  | 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        |  89136790 | NS      | $89136790.00  | 1.60%             |  |  |  | No            | 1                  | 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        |  92062493 | NS      | $92062493.00  | 1.65%             |  |  |  | No            | 1                  | On Loan: No      |
| XN Exponent Offshore Fund LP                                                  | XN Exponent Offshore Fund LP                                                  | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  58273206 | PA      | $62040291.00  | 1.11%             |  |  |  | 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      | $222565996.00 | 3.99%             |  |  |  | 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      | $29876481.00  | 0.54%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Two Sigma Absolute Return Cayman Fund, Ltd                                    | Two Sigma Absolute Return Cayman Fund, Ltd                                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  76000000 | PA      | $119095907.00 | 2.13%             |  |  |  | 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      | $96497221.00  | 1.73%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Suvretta Partners, LP                                                         | Suvretta Partners, LP                                                         | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | US        |    981056 | PA      | $193780.00    | 0.00%             |  |  |  | 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      | $785989.00    | 0.01%             |  |  |  | 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      | $115687267.00 | 2.07%             |  |  |  | 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      | $411415898.00 | 7.38%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Millennium International, Ltd                                                 | Millennium International, Ltd                                                 | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 233905643 | PA      | $542971267.00 | 9.73%             |  |  |  | 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      | $261544267.00 | 4.69%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Ilex Offshore Fund Limited                                                    | Ilex Offshore Fund Limited                                                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  94500000 | PA      | $109479955.00 | 1.96%             |  |  |  | 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      | $285695334.00 | 5.12%             |  |  |  | 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      | $168915541.00 | 3.03%             |  |  |  | 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      | $3306404.00   | 0.06%             |  |  |  | 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      | $61546516.00  | 1.10%             |  |  |  | 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      | $248096907.00 | 4.45%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Elliott International, Ltd                                                    | Elliott International, Ltd                                                    | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 277279791 | PA      | $495354320.00 | 8.88%             |  |  |  | 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      | $172619356.00 | 3.09%             |  |  |  | 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        | 111703876 | PA      | $132339801.00 | 2.37%             |  |  |  | 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      | $321992554.00 | 5.77%             |  |  |  | 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      | $87260108.00  | 1.56%             |  |  |  | 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      | $108426552.00 | 1.94%             |  |  |  | Yes           | N/A                | On Loan: No      |
| D.E. Shaw Composite International Fund                                        | D.E. Shaw Composite International Fund                                        | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  51757187 | PA      | $218063941.00 | 3.91%             |  |  |  | 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      | $132111299.00 | 2.37%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Coatue Offshore Fund, Ltd                                                     | Coatue Offshore Fund, Ltd                                                     | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        |  92000000 | PA      | $112873453.00 | 2.02%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Cerberus International, Ltd                                                   | Cerberus International, Ltd                                                   | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | BS        |     11509 | PA      | $26352.00     | 0.00%             |  |  |  | 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      | $82979.00     | 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      | $26687133.00  | 0.48%             |  |  |  | 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        |    204587 | PA      | $119138.00    | 0.00%             |  |  |  | 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        |  23540160 | PA      | $37433467.00  | 0.67%             |  |  |  | Yes           | N/A                | 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        |   5322981 | PA      | $12389323.00  | 0.22%             |  |  |  | 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        | 102932179 | PA      | $115259077.00 | 2.07%             |  |  |  | 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      | $334046711.00 | 5.99%             |  |  |  | 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      | $22185679.00  | 0.40%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Alphadyne Global Rates Fund II, Ltd                                           | Alphadyne Global Rates Fund II, Ltd                                           | CUSIP: 999999999<br>LEI: N/A | Long             |  | PF                | KY        | 172000000 | PA      | $233569926.00 | 4.19%             |  |  |  | Yes           | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2025-06-23

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

**Signature:** Martha Boero

**Name of Signer:** Martha Boero

**Title:** Treasurer