Intercontinental Exchange
1,705 hedge funds and large institutions have $95.4B invested in Intercontinental Exchange in 2025 Q2 according to their latest regulatory filings, with 126 funds opening new positions, 668 increasing their positions, 670 reducing their positions, and 114 closing their positions.
35% more call options, than puts
Call options by funds: $389M | Put options by funds: $288M
11% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 114
7% more capital invested
Capital invested by funds: $89.5B → $95.4B (+$5.91B)
0.38% more ownership
Funds ownership: 90.48% → 90.86% (+0.38%)
0% less repeat investments, than reductions
Existing positions increased: 668 | Existing positions reduced: 670
0% less funds holding
Funds holding: 1,713 → 1,705 (-8)
9% less funds holding in top 10
Funds holding in top 10: 69 → 63 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$521M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
+$450M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$309M |
| 4 |
CWG
C WorldWide Group
Copenhagen,
Denmark
|
+$283M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$267M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$552M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$499M |
| 3 |
Amundi
Paris,
France
|
-$469M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$209M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$199M |
ICE Hedge Fund Activity: Q2 2025 in Review
1,705 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Intercontinental Exchange (ICE) for Q2 2025, worth a combined $95.4B — up 6.6% from $89.5B a quarter earlier.
Buyers outnumbered sellers: 126 funds opened new ICE positions and 114 closed out — a net gain of 12 holders — while 668 added to existing stakes and 670 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $521M. The largest seller was Viking Global Investors, exiting entirely with an estimated $552M sold.
- 1,705 institutional investors held Intercontinental Exchange (ICE) as of Q2 2025, down from 1,713 in Q1 2025.
- Funds reported $95.4B of Intercontinental Exchange stock for Q2 2025, up 6.6% quarter-over-quarter.
- 126 funds opened new Intercontinental Exchange positions in Q2 2025 and 114 closed out, a net change of +12 holders.
- The largest Intercontinental Exchange buyer in Q2 2025 was Victory Capital Management, an estimated $521M added.
- The largest Intercontinental Exchange seller in Q2 2025 was Viking Global Investors, an estimated $552M sold.
Based on aggregated 13F filings for Q2 2025.