Intercontinental Exchange
ICE
521 hedge funds and large institutions have $20.4B invested in Intercontinental Exchange in 2014 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 199 increasing their positions, 184 reducing their positions, and 66 closing their positions.
35% more call options, than puts
Call options by funds: $116M | Put options by funds: $85.9M
8% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 184
0.94% less ownership
Funds ownership: 444.06% → 443.11% (-0.94%)
9% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 66
3% less funds holding
Funds holding: 535 → 521 (-14)
12% less capital invested
Capital invested by funds: $23.2B → $20.4B (-$2.79B)
29% less funds holding in top 10
Funds holding in top 10: 21 → 15 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$254M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$236M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$228M |
| 4 |
SIG
Senator Investment Group
New York
|
+$222M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$169M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$463M |
| 2 |
JP Morgan Chase
New York
|
-$239M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$197M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$193M |
| 5 |
MCM
Marsico Capital Management
Denver,
Colorado
|
-$156M |
ICE Hedge Fund Activity: Q1 2014 in Review
521 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Intercontinental Exchange (ICE) for Q1 2014, worth a combined $20.4B — down 12% from $23.2B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of ICE and 60 opened new positions — a net loss of 6 holders — while 184 trimmed existing stakes and 199 added.
The largest buyer was Highfields Capital Management, adding an estimated $254M. The largest seller was Wellington Management Group, cutting an estimated $463M.
- 521 institutional investors held Intercontinental Exchange (ICE) as of Q1 2014, down from 535 in Q4 2013.
- Funds reported $20.4B of Intercontinental Exchange stock for Q1 2014, down 12% quarter-over-quarter.
- 60 funds opened new Intercontinental Exchange positions in Q1 2014 and 66 closed out, a net change of -6 holders.
- The largest Intercontinental Exchange buyer in Q1 2014 was Highfields Capital Management, an estimated $254M added.
- The largest Intercontinental Exchange seller in Q1 2014 was Wellington Management Group, an estimated $463M sold.
Based on aggregated 13F filings for Q1 2014.