Exploring The InterGroup Corporation (INTG) Investor Profile: Who’s Buying and Why?

You've likely looked at The InterGroup Corporation (INTG), a diversified holding company with a footprint in hospitality and real estate, and wondered who's actually holding the stock, given its relatively modest market capitalization of around $73.12 million. The immediate takeaway is that this isn't a widely-held institutional play; it's an insider-controlled entity, with insiders holding a staggering 66.55% of the shares as of February 2025, and the largest individual shareholder, John V. Winfield, alone controlling approximately 67.62%. But why are they maintaining such massive conviction in a company that still posted a consolidated net loss of $(7,547,000) in fiscal year 2025? The 'why' is in the operational turnaround: the company's non-GAAP earnings before interest, taxes, depreciation, and amortization (EBITDA) surged +131.7% year-over-year to $13,181,000 in FY2025, driven by hotel segment income jumping 51.9% and real estate income rising 31.9%. This massive insider ownership, coupled with a sharp rebound in core segment profitability, is the defintely the real story here, and understanding this dynamic is crucial for mapping the stock's near-term risk and opportunity.

Who Invests in The InterGroup Corporation (INTG) and Why?

The InterGroup Corporation (INTG) presents a fascinating investor profile, one that is defintely not typical for a NASDAQ-listed company. The direct takeaway here is that The InterGroup Corporation (INTG) is overwhelmingly controlled by insiders and long-term retail holders, attracting a specific, patient investor focused on asset value and a multi-year operational turnaround, not quick dividends.

Key Investor Types: A Heavily Concentrated Ownership

When you look at The InterGroup Corporation (INTG)'s ownership structure, the first thing that jumps out is the sheer concentration of shares. Unlike many large-cap stocks dominated by institutional money, The InterGroup Corporation (INTG) is a micro-cap with a massive insider stake, meaning company executives and directors hold a significant portion of the equity. This is a control-oriented structure, not a broad-market play.

As of early 2025, the breakdown shows a clear picture of who owns the company:

• Insiders: Hold about 66.55% of outstanding shares. This is a huge number.
• Institutional Investors: Account for approximately 19.16% of the stock.
• Mutual Funds: Hold a small slice at around 1.18%.

The remaining ownership is largely held by individual or retail investors, many of whom are likely long-term holders. This high insider ownership means the interests of management and shareholders are tightly aligned, but it also means the stock can be less liquid (harder to buy or sell quickly) than its peers.

Investment Motivations: The Turnaround and Asset Play

Investors are attracted to The InterGroup Corporation (INTG) for two primary reasons: the operational turnaround and the underlying asset value, which is a classic value investing approach. You are not buying this stock for a dividend yield, as the company has historically focused on retaining capital to improve operations and reduce debt.

The 2025 fiscal year data confirms the turnaround story is in motion. Here's the quick math on the operational improvements that are attracting investors:

• Growth Prospects: Consolidated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) surged by 131.7% year-over-year to $13.2 million for FY2025.
• Segment Strength: The core businesses are performing much better. Hotel Operations segment income rose by 51.9% to $8.7 million, and Real Estate Operations segment income increased by 31.9% to $8.5 million.
• Risk Reduction: The company dramatically reduced its net loss attributable to InterGroup by 45.4%, from a loss of $9.8 million in FY2024 to a loss of $5.3 million in FY2025.

Plus, the company's real estate assets, which include the Hilton San Francisco Financial District and 16 apartment complexes, are carried on the books at historical cost (Generally Accepted Accounting Principles), which management suggests can understate their true intrinsic value. That's the asset play.

Investment Strategies: Control, Passive, and Opportunistic

The diverse investor base, despite the concentration, employs a few distinct strategies:

The high insider and long-term retail ownership points to a Long-Term, Control-Oriented Strategy. These investors are not looking for a quarterly pop; they are focused on the multi-year process of asset value realization and operational recovery, a story you can explore further in The InterGroup Corporation (INTG): History, Ownership, Mission, How It Works & Makes Money. They are comfortable with the stock's low liquidity and focus on the long-term value creation. One clean one-liner: This is a deep-value play for the patient investor.

For the institutional side, the presence of index funds-like the Vanguard Extended Market Index Fund Investor Shares and Fidelity Extended Market Index Fund-indicates a Passive Holding Strategy. These funds own the stock simply because it is a component of a broader index, such as the micro-cap or extended market indices they track. They are price-takers, not active strategists.

Finally, the hedge fund activity, which saw two institutional investors adding shares and five decreasing their positions in Q2 2025, suggests an Opportunistic Trading Strategy. These funds are likely looking to capitalize on volatility and the short-term news cycle, such as the company regaining Nasdaq compliance or the strong Q1 FY2026 real estate income of $3.2 million.

Here's a snapshot of the investor strategies based on type:

What this estimate hides is the potential for a significant catalyst, like the sale of a major real estate asset, which could dramatically alter the stock's valuation and attract an entirely new class of investors.

Institutional Ownership and Major Shareholders of The InterGroup Corporation (INTG)

You're looking at The InterGroup Corporation (INTG) and trying to figure out if the big money is buying or selling, which is defintely the right question to ask for a micro-cap stock like this. The direct takeaway is that while institutional holding remains significant at nearly one-fifth of the company, the recent trend shows a net divestment from a number of large funds, even as the company's financials improved in fiscal year 2025.

As of February 2025, Institutional Investors held approximately 19.16% of The InterGroup Corporation's shares outstanding. This is a low float stock, so every move by a large fund matters a lot. For context, the company's market capitalization stood at about $74.18 million as of November 21, 2025, putting it firmly in the small-cap territory.

Top Institutional Investors and Their Stakes

The institutional investor profile for The InterGroup Corporation (INTG) is characterized by a mix of specialized micro-cap funds and large index-tracking vehicles. These 12 institutional owners collectively held 77,543 shares as of the most recent filings. This is a small number of shares, which is typical for a company with a low public float and high insider ownership.

Here's a quick snapshot of some of the largest institutional holders and the types of funds involved:

• Caldwell Securities, Inc: Often a top holder, indicating a long-term, concentrated position.
• Qube Research & Technologies Ltd: A quantitative fund, suggesting algorithmic or short-term trading interest.
• Vanguard Extended Market Index Fund (VEXMX): A passive fund whose holding is simply a function of INTG's inclusion in a broader index.
• iShares Micro-Cap ETF (IWC): Another index-tracking fund, which buys INTG because it meets the micro-cap criteria.

The presence of both active managers (like Caldwell) and passive index funds (like Vanguard and iShares) means you have a dual dynamic: some investors are making a specific, deliberate bet on the company, while others are simply mirroring the market index. This is a crucial distinction for interpreting ownership changes.

Recent Changes in Institutional Ownership

The near-term trend in institutional money has been one of net selling. In the most recent quarterly period (Q2 2025), we saw 7 institutional investors decrease their positions versus only 2 that added shares to their portfolios. This divergence between a small number of buyers and a larger number of sellers signals that many funds are taking profits or reducing exposure.

Here's the quick math on some of the largest moves in Q2 2025:

The complete removal of shares by PFG INVESTMENTS, LLC is a major red flag, representing a full exit from an estimated $3.98 million position. Even a powerhouse like BlackRock, Inc. liquidated its entire small position in Q2 2025. This suggests a lack of conviction among certain institutional players, despite the stock price rising significantly-it was trading at $36.68 per share in November 2025, a massive increase from a year prior.

Impact of Institutional Investors on Stock and Strategy

For a small-cap company like The InterGroup Corporation, institutional investors play an outsized role in liquidity and valuation. Their collective selling pressure, even if offset by retail or insider buying, can cap the stock's upside and increase volatility (the degree of variation in trading price). The recent net selling trend suggests that the market is still skeptical about the company's long-term stability, even after a strong fiscal year 2025.

The company reported a strong operational turnaround for fiscal year 2025, with Hotel Operations segment income increasing by 51.9% to $8,732,000 and Real Estate Operations income rising by 31.9% to $8,465,000. Plus, the company regained compliance with the Nasdaq listing requirements in September 2025, confirming a market value of listed securities above the required $35 million threshold.

What this estimate hides is the underlying challenge: a net loss of $7.5 million for FY2025 still remains, despite the operational improvements. Institutional investors, particularly the passive funds, are often forced to sell if a stock is removed from an index, or if the company's financial health raises concerns about its long-term viability, which was a risk until the Nasdaq compliance was regained. The active funds that are selling are likely reacting to the investment transactions segment's greater loss of $2.5 million, highlighting a potential issue in capital allocation.

Your action item here is to monitor the next round of 13F filings. If the net selling continues, it will be a clear signal that the improved operational performance isn't enough to overcome the broader market's concerns about its investment strategy. You can learn more about the company's long-term goals here: Mission Statement, Vision, & Core Values of The InterGroup Corporation (INTG).

Key Investors and Their Impact on The InterGroup Corporation (INTG)

You're looking at The InterGroup Corporation (INTG) and trying to figure out who's really driving the bus. The direct takeaway is this: the investor profile is dominated by a very high level of insider ownership, meaning management's long-term vision is the primary influence on company decisions and stock stability.

The institutional investor pool is small, and recent activity shows a flight from the stock by a few large names, but this is offset by strong insider conviction following a notable turnaround in the 2025 fiscal year financials. The high insider ownership is the defintely the most important factor here.

The Overwhelming Influence of Insider Ownership

The single most powerful investor group in The InterGroup Corporation is its own management and affiliates-the insiders. As of February 2025, insiders held a massive stake of approximately 66.55% of the company's shares outstanding. This means The InterGroup Corporation is essentially management-controlled, which is common for smaller-cap companies but crucial for you to understand.

This level of control means major strategic decisions, like the successful refinancing of the Hilton San Francisco Financial District hotel in April 2025, are driven internally and are less susceptible to external activist pressure. The management team, including Chairman, President, and CEO John V. Winfield, and COO David C. Gonzalez, has a significant portion of their net worth tied up in the company, aligning their interests with long-term value creation for all shareholders. You want to see management eating their own cooking; this is a full-course meal.

Recent Insider Buys Signal Confidence

The best signal of management's conviction is when they put their own cash on the line. In the six months leading up to the end of the 2025 fiscal year, The InterGroup Corporation's insiders made 19 purchases of stock on the open market and zero sales. This is a strong vote of confidence, especially after the company reported a significant improvement in its financial health for the period ending June 30, 2025.

• COO David C. Gonzalez purchased 8,760 shares for an estimated $112,643.
• CEO John V. Winfield purchased 3,700 shares for an estimated $53,158.

This buying activity coincided with the company reducing its net loss from $12.6 million in FY2024 to $7.5 million in FY2025 and boosting its consolidated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) by 131.7% to $13.2 million. Insider buying during a financial turnaround is a powerful indicator that the people closest to the operations believe the stock is undervalued. For more context on the company's direction, you can review their Mission Statement, Vision, & Core Values of The InterGroup Corporation (INTG).

The Institutional Investor Landscape and Recent Moves

Institutional investors, like mutual funds and hedge funds, hold a relatively modest portion of The InterGroup Corporation, around 19.16% of shares as of February 2025, spread across a small number of funds-only 12 institutional owners holding a total of 77,543 shares. This low institutional float means that any large trade by a major fund can have an outsized impact on the stock price.

In the second quarter of 2025, we saw some notable, if expected, exits. When a fund like BlackRock, Inc. sells a small position in a micro-cap stock, it often reflects a portfolio rebalancing or a change in mandate, not necessarily a negative view on the company itself. Still, the numbers are important to track:

Here's the quick math: the massive exit by PFG Investments, LLC was the most significant institutional move, representing a substantial block of shares. But what this estimate hides is that the overall institutional selling was absorbed without a major collapse, likely due to the company's improved operational results-Hotel Operations segment income was up 51.9% to $8,732,000, and Real Estate Operations income rose 31.9% to $8,465,000. Your action item should be to monitor the next round of 13F filings to see if any new, smaller value-oriented funds are stepping in to replace the large-fund exits.

Market Impact and Investor Sentiment

You're looking at The InterGroup Corporation (INTG) and seeing a stock that's been through a major turnaround, so the investor profile is a fascinating mix of deep-value buyers and institutional flight. The direct takeaway is that while major institutional holders have reduced their exposure, insider confidence is defintely at a multi-year high, signaling a positive long-term view from those who know the company best.

The overall investor sentiment is best described as cautiously improving from a low base. This shift is evident in the short interest, which recently decreased by a significant 59.89%, indicating that bearish bets are being unwound as the company stabilizes its operations and regains compliance with Nasdaq listing requirements.

Major Shareholder Activity: Insiders vs. Institutions

The most telling signal about The InterGroup Corporation (INTG) comes from the people running it. Insider sentiment is strongly Positive, a clear indicator of management's conviction in the future. Over the last six months, executives like the COO, David C. Gonzalez, and President & CEO, John V. Winfield, have made a total of 19 open-market purchases and zero sales. This is a concrete show of faith, with the COO alone buying 8,760 shares for an estimated $112,643.

But here's the quick math on the institutional side: the big money has been moving out, even as the company improved its financials. In the second quarter of the 2025 fiscal year, we saw key institutional investors reduce their positions, which is a near-term risk. For example, PFG INVESTMENTS, LLC removed all 344,753 shares from its portfolio, and even a giant like BlackRock, Inc. removed its entire position of 1,264 shares. Still, some firms were adding, like TOWER RESEARCH CAPITAL LLC (TRC), which increased its stake by 227.3%.

• Insiders are buying; they see value.
• Institutions are selling; they're cutting risk.

Recent Market Reactions and Financial Anchors

The stock market has responded sharply to The InterGroup Corporation's operational milestones. Earlier in 2025, the stock hit a 52-week low of $11.81 in January due to market challenges and a potential Nasdaq delisting for failing to maintain the minimum Market Value of Listed Securities (MVLS). The stock's recovery to around $32.85 by November 20, 2025, reflects the successful alleviation of the going-concern uncertainty at its subsidiary, Portsmouth Square, Inc., and the subsequent regaining of Nasdaq compliance in September 2025.

The improved fiscal year 2025 results are the fundamental anchor for this market reaction. The company's consolidated EBITDA soared by 131.7% year-over-year to $13.2 million, and its liquidity saw a 74.8% increase, with cash and equivalents hitting $15,195,000 as of June 30, 2025. This kind of operational improvement is what shifts a stock from a distressed asset to a recovery play, which you can read more about in their Mission Statement, Vision, & Core Values of The InterGroup Corporation (INTG).

Here is a snapshot of the core operational segment performance for the 2025 fiscal year:

Analyst Perspectives: Technical Strength vs. Near-Term Weakness

While traditional Wall Street analyst ratings are scarce for a small-cap company like The InterGroup Corporation (INTG), technical analysis provides a clear, actionable perspective. As of November 2025, the overall moving average trend leans toward a Bullish outlook. Specifically, the mid-term Simple Moving Average (SMA\_20) being above the longer-term SMA\_60 signals a strong bullish trend, which is a good technical sign for momentum investors.

What this estimate hides is the persistent near-term volatility. AI-driven sentiment models suggest that a Weak Near and Mid-Term Sentiment is still prevailing, despite the strong technical signals. This indicates that while the long-term fundamentals are improving, the stock price is still susceptible to short-term selling pressure and market noise. The technical resistance levels are around $39.28 and $41.88, which are the next critical price points for buyers to break through.