Intercontinental Exchange
1,748 hedge funds and large institutions have $84.7B invested in Intercontinental Exchange in 2025 Q4 according to their latest regulatory filings, with 214 funds opening new positions, 642 increasing their positions, 680 reducing their positions, and 127 closing their positions.
69% more first-time investments, than exits
New positions opened: 214 | Existing positions closed: 127
58% more call options, than puts
Call options by funds: $374M | Put options by funds: $237M
3% more funds holding
Funds holding: 1,695 → 1,748 (+53)
1.84% more ownership
Funds ownership: 89.94% → 91.78% (+1.8%)
2% less capital invested
Capital invested by funds: $86.8B → $84.7B (-$2.09B)
6% less repeat investments, than reductions
Existing positions increased: 642 | Existing positions reduced: 680
12% less funds holding in top 10
Funds holding in top 10: 41 → 36 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$844M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$752M |
| 3 |
BlackRock
New York
|
+$336M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$300M |
| 5 |
LCAM
London & Capital Asset Management
London,
United Kingdom
|
+$297M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$935M |
| 2 |
Lazard Asset Management
New York
|
-$490M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$367M |
| 4 |
Bank of New York Mellon
New York
|
-$362M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$349M |
ICE Hedge Fund Activity: Q4 2025 in Review
1,748 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Intercontinental Exchange (ICE) for Q4 2025, worth a combined $84.7B — down 2.4% from $86.8B a quarter earlier.
Buyers outnumbered sellers: 214 funds opened new ICE positions and 127 closed out — a net gain of 87 holders — while 642 added to existing stakes and 680 trimmed.
The largest buyer was Harris Associates, adding an estimated $844M. The largest seller was Bank of America, cutting an estimated $935M.
- 1,748 institutional investors held Intercontinental Exchange (ICE) as of Q4 2025, up from 1,695 in Q3 2025.
- Funds reported $84.7B of Intercontinental Exchange stock for Q4 2025, down 2.4% quarter-over-quarter.
- 214 funds opened new Intercontinental Exchange positions in Q4 2025 and 127 closed out, a net change of +87 holders.
- The largest Intercontinental Exchange buyer in Q4 2025 was Harris Associates, an estimated $844M added.
- The largest Intercontinental Exchange seller in Q4 2025 was Bank of America, an estimated $935M sold.
Based on aggregated 13F filings for Q4 2025.