RTW Investments (IRTC) discloses 6.6% iRhythm stake via 2.18M shares
Rhea-AI Filing Summary
RTW Investments, LP and Roderick Wong, M.D. report beneficial ownership of 2,182,631 shares of iRhythm Holdings, Inc. common stock, representing 6.6% of the class. The percentage is based on 32,862,408 shares outstanding as of April 23, 2026. Both RTW Investments and Dr. Wong report no sole voting or dispositive power, but shared voting and shared dispositive power over all 2,182,631 shares, which are held by certain RTW-managed funds that have the right to receive dividends and sale proceeds.
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Key Figures
Shares beneficially owned: 2,182,631 shares
Ownership percentage: 6.6%
Shares outstanding: 32,862,408 shares
+2 more
5 metrics
Shares beneficially owned
2,182,631 shares
Common stock of iRhythm Holdings reported by each Reporting Person
Ownership percentage
6.6%
Percent of iRhythm common stock class held by RTW Investments and Roderick Wong
Shares outstanding
32,862,408 shares
iRhythm common shares outstanding as of April 23, 2026
Shared voting power
2,182,631 shares
Shares over which each Reporting Person has shared voting power
Shared dispositive power
2,182,631 shares
Shares over which each Reporting Person has shared dispositive power
Key Terms
beneficial owner, shared voting power, shared dispositive power, Schedule 13G, +1 more
5 terms
beneficial owner regulatory
"the beneficial owner of the Shares reported herein"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Schedule 13G regulatory
"for the purposes of Section 13 of the Securities Exchange Act"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
investment adviser financial
"the investment adviser to certain funds (the "RTW Funds")"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
FAQ
What percentage of iRhythm Holdings (IRTC) does RTW Investments report owning?
RTW Investments and Roderick Wong report beneficial ownership of 6.6% of iRhythm Holdings’ common stock, based on 32,862,408 shares outstanding as of April 23, 2026, as stated in the company’s Form 10-Q.
Who are the reporting persons in this Schedule 13G/A for iRhythm Holdings (IRTC)?
The reporting persons are RTW Investments, LP, a Delaware limited partnership, and Roderick Wong, M.D., its Managing Partner and Chief Investment Officer, each reporting the same 2,182,631 shares as beneficially owned.
AI-generated analysis. How Rhea-AI works. Not financial advice.