Intercontinental Exchange
1,717 hedge funds and large institutions have $89.5B invested in Intercontinental Exchange in 2025 Q1 according to their latest regulatory filings, with 162 funds opening new positions, 646 increasing their positions, 676 reducing their positions, and 90 closing their positions.
80% more first-time investments, than exits
New positions opened: 162 | Existing positions closed: 90
41% more funds holding in top 10
Funds holding in top 10: 49 → 69 (+20)
39% more call options, than puts
Call options by funds: $490M | Put options by funds: $352M
16% more capital invested
Capital invested by funds: $77.2B → $89.5B (+$12.4B)
3% more funds holding
Funds holding: 1,669 → 1,717 (+48)
0.21% more ownership
Funds ownership: 90.22% → 90.43% (+0.21%)
4% less repeat investments, than reductions
Existing positions increased: 646 | Existing positions reduced: 676
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$876M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$519M |
| 3 |
JP Morgan Chase
New York
|
+$478M |
| 4 |
Bank of New York Mellon
New York
|
+$327M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$216M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$330M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$324M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$289M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$234M |
| 5 |
ClearBridge Investments
New York
|
-$204M |
ICE Hedge Fund Activity: Q1 2025 in Review
1,717 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Intercontinental Exchange (ICE) for Q1 2025, worth a combined $89.5B — up 16% from $77.2B a quarter earlier.
Buyers outnumbered sellers: 162 funds opened new ICE positions and 90 closed out — a net gain of 72 holders — while 646 added to existing stakes and 676 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $876M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $330M.
- 1,717 institutional investors held Intercontinental Exchange (ICE) as of Q1 2025, up from 1,669 in Q4 2024.
- Funds reported $89.5B of Intercontinental Exchange stock for Q1 2025, up 16% quarter-over-quarter.
- 162 funds opened new Intercontinental Exchange positions in Q1 2025 and 90 closed out, a net change of +72 holders.
- The largest Intercontinental Exchange buyer in Q1 2025 was T. Rowe Price Associates, an estimated $876M added.
- The largest Intercontinental Exchange seller in Q1 2025 was Ruane, Cunniff & Goldfarb, an estimated $330M sold.
Based on aggregated 13F filings for Q1 2025.