Intercontinental Exchange
1,707 hedge funds and large institutions have $95.5B invested in Intercontinental Exchange in 2025 Q2 according to their latest regulatory filings, with 125 funds opening new positions, 672 increasing their positions, 669 reducing their positions, and 113 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: 125 | Existing positions closed: 113
7% more capital invested
Capital invested by funds: $89.5B → $95.5B (+$5.93B)
0% more repeat investments, than reductions
Existing positions increased: 672 | Existing positions reduced: 669
0.32% more ownership
Funds ownership: 90.43% → 90.75% (+0.32%)
1% less funds holding
Funds holding: 1,717 → 1,707 (-10)
10% less funds holding in top 10
Funds holding in top 10: 69 → 62 (-7)
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
1,707 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Intercontinental Exchange (ICE) for Q2 2025, worth a combined $95.5B — up 6.6% from $89.5B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new ICE positions and 113 closed out — a net gain of 12 holders — while 672 added to existing stakes and 669 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.
- 1,707 institutional investors held Intercontinental Exchange (ICE) as of Q2 2025, down from 1,717 in Q1 2025.
- Funds reported $95.5B of Intercontinental Exchange stock for Q2 2025, up 6.6% quarter-over-quarter.
- 125 funds opened new Intercontinental Exchange positions in Q2 2025 and 113 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.