Intercontinental Exchange
734 hedge funds and large institutions have $36.5B invested in Intercontinental Exchange in 2017 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 251 increasing their positions, 292 reducing their positions, and 44 closing their positions.
55% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 44
11% more call options, than puts
Call options by funds: $74.3M | Put options by funds: $66.8M
2% more funds holding
Funds holding: 717 → 734 (+17)
4% more capital invested
Capital invested by funds: $35.1B → $36.5B (+$1.4B)
0.35% more ownership
Funds ownership: 89.84% → 90.19% (+0.35%)
14% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 292
24% less funds holding in top 10
Funds holding in top 10: 37 → 28 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$158M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$105M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$96.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$93M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$92.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Meritage Group
San Francisco,
California
|
-$228M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$173M |
| 3 |
Bank of New York Mellon
New York
|
-$142M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$136M |
| 5 |
JP Morgan Chase
New York
|
-$102M |
ICE Hedge Fund Activity: Q3 2017 in Review
734 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Intercontinental Exchange (ICE) for Q3 2017, worth a combined $36.5B — up 4% from $35.1B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new ICE positions and 44 closed out — a net gain of 24 holders — while 251 added to existing stakes and 292 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $158M. The largest seller was Meritage Group, exiting entirely with an estimated $228M sold.
- 734 institutional investors held Intercontinental Exchange (ICE) as of Q3 2017, up from 717 in Q2 2017.
- Funds reported $36.5B of Intercontinental Exchange stock for Q3 2017, up 4% quarter-over-quarter.
- 68 funds opened new Intercontinental Exchange positions in Q3 2017 and 44 closed out, a net change of +24 holders.
- The largest Intercontinental Exchange buyer in Q3 2017 was Lone Pine Capital, an estimated $158M added.
- The largest Intercontinental Exchange seller in Q3 2017 was Meritage Group, an estimated $228M sold.
Based on aggregated 13F filings for Q3 2017.