MMCAP International’s Investcorp AI Acquisition Corp. Warrant IVCAW Stock Holding History

MMCAP International’s Portfolio IVCAW Stock Details IVCAW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-200,000	Closed	-$4K	–	149
2025 Q1	$4K	Hold	200,000	–	–	﹤0.01%	126
2024 Q4	$3.2K	Hold	200,000	–	–	﹤0.01%	134
2024 Q3	$12K	Hold	200,000	–	–	﹤0.01%	114
2024 Q2	$8.64K	Hold	200,000	–	–	﹤0.01%	141
2024 Q1	$12K	Hold	200,000	–	–	﹤0.01%	143
2023 Q4	$6.2K	Hold	200,000	–	–	﹤0.01%	146
2023 Q3	$14K	Hold	200,000	–	–	﹤0.01%	127
2023 Q2	$8.6K	Hold	200,000	–	–	﹤0.01%	166
2023 Q1	$14K	Hold	200,000	–	–	﹤0.01%	211
2022 Q4	$10.4K	Buy	+200,000	New	+$16.7K	﹤0.01%	301

Other funds holding IVCAW

CCM

Context Capital Management Lajolla, California $5.15B AUM 1.28% 1-Year Est. Return

Verition Fund Management Greenwich, Connecticut $19.7B AUM 39.39% 1-Year Est. Return

Cantor Fitzgerald New York $9.31B AUM 73.66% 1-Year Est. Return

MMCAP International's IVCAW Position: Q2 2025 in Review

MMCAP International sold out of Investcorp AI Acquisition Corp. Warrant (IVCAW) in Q2 2025, closing a stake of 200,000 shares — an estimated $4K sold.

MMCAP International first reported a position in IVCAW in Q4 2022 and held it in 10 quarters. The position peaked at $14K in Q3 2023. 3 funds tracked by Wall St. Rank hold IVCAW as of Q2 2025.

MMCAP International reported no remaining Investcorp AI Acquisition Corp. Warrant position as of Q2 2025 after selling out during the quarter.
MMCAP International sold 200,000 Investcorp AI Acquisition Corp. Warrant shares in Q2 2025, an estimated $4K.
MMCAP International first reported a position in Investcorp AI Acquisition Corp. Warrant in Q4 2022 and held it in 10 quarters.
MMCAP International's Investcorp AI Acquisition Corp. Warrant position peaked at $14K in Q3 2023.
3 funds tracked by Wall St. Rank held Investcorp AI Acquisition Corp. Warrant as of Q2 2025.

Based on MMCAP International's 13F filing for Q2 2025, filed 6 Aug 2025.