Intercontinental Exchange
536 hedge funds and large institutions have $23B invested in Intercontinental Exchange in 2013 Q4 according to their latest regulatory filings, with 170 funds opening new positions, 235 increasing their positions, 99 reducing their positions, and 40 closing their positions.
325% more first-time investments, than exits
New positions opened: 170 | Existing positions closed: 40
137% more repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 99
55% more capital invested
Capital invested by funds: $14.8B → $23B (+$8.19B)
32% more funds holding
Funds holding: 407 → 536 (+129)
31% more funds holding in top 10
Funds holding in top 10: 16 → 21 (+5)
28% less call options, than puts
Call options by funds: $166M | Put options by funds: $231M
115.49% less ownership
Funds ownership: 559.54% → 444.06% (-115%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$453M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$375M |
| 3 |
State Street
Boston,
Massachusetts
|
+$372M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$345M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$226M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$206M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$65.5M |
| 3 |
Renaissance Technologies
New York
|
-$62.4M |
| 4 |
Goldman Sachs
New York
|
-$61.7M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$57.5M |
ICE Hedge Fund Activity: Q4 2013 in Review
536 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Intercontinental Exchange (ICE) for Q4 2013, worth a combined $23B — up 55% from $14.8B a quarter earlier.
Buyers outnumbered sellers: 170 funds opened new ICE positions and 40 closed out — a net gain of 130 holders — while 235 added to existing stakes and 99 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $453M. The largest seller was Macquarie Group, cutting an estimated $206M.
- 536 institutional investors held Intercontinental Exchange (ICE) as of Q4 2013, up from 407 in Q3 2013.
- Funds reported $23B of Intercontinental Exchange stock for Q4 2013, up 55% quarter-over-quarter.
- 170 funds opened new Intercontinental Exchange positions in Q4 2013 and 40 closed out, a net change of +130 holders.
- The largest Intercontinental Exchange buyer in Q4 2013 was Lone Pine Capital, an estimated $453M added.
- The largest Intercontinental Exchange seller in Q4 2013 was Macquarie Group, an estimated $206M sold.
Based on aggregated 13F filings for Q4 2013.