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489 hedge funds and large institutions have $11.2B invested in Icon in 2025 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 153 increasing their positions, 208 reducing their positions, and 136 closing their positions.

New
Increased
Maintained
Reduced
Closed

103% more call options, than puts

Call options by funds: $18.1M | Put options by funds: $8.93M

1.66% more ownership

Funds ownership: 93.72%95.38% (+1.7%)

8% less funds holding in top 10

Funds holding in top 10: 1312 (-1)

13% less funds holding

Funds holding: 560489 (-71)

16% less capital invested

Capital invested by funds: $13.4B → $11.2B (-$2.2B)

26% less repeat investments, than reductions

Existing positions increased: 153 | Existing positions reduced: 208

49% less first-time investments, than exits

New positions opened: 70 | Existing positions closed: 136

Holders
489
Holders Change
-71
Holders Change %
-12.68%
% of All Funds
6.44%
Holding in Top 10
12
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.69%
% of All Funds
0.16%
New
70
Increased
153
Reduced
208
Closed
136
Calls
$18.1M
Puts
$8.93M
Net Calls
+$9.16M
Net Calls Change
+$18.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Qube Research & Technologies (QRT)
26
Qube Research & Technologies (QRT)
United Kingdom
$113M +$69.8M +492,049 +174%
JP Morgan Chase
27
JP Morgan Chase
New York
$110M -$31.4M -221,177 -23%
Voloridge Investment Management
28
Voloridge Investment Management
Florida
$105M +$53.3M +375,908 +109%
Lazard Asset Management
29
Lazard Asset Management
New York
$102M -$43.7M -308,092 -31%
BAMCO Inc
30
BAMCO Inc
New York
$100M -$1.97M -13,862 -2%
Holocene Advisors
31
Holocene Advisors
New York
$98.9M +$62.1M +437,803 +181%
Balyasny Asset Management
32
Balyasny Asset Management
Illinois
$94.8M +$92.5M +651,868 New
FMI
33
Fiduciary Management Inc
Wisconsin
$94.6M +$30.8M +217,135 +50%
Millennium Management
34
Millennium Management
New York
$89.9M +$71.3M +502,458 +435%
Bank of America
35
Bank of America
North Carolina
$89.4M -$36.5M -257,638 -30%
SEI Investments
36
SEI Investments
Pennsylvania
$88.2M +$16M +113,091 +23%
EARNEST Partners
37
EARNEST Partners
Georgia
$86.4M +$2.57M +18,124 +3%
UIM
38
USS Investment Management
United Kingdom
$82.9M
EIC
39
Equity Investment Corp
Georgia
$82.3M +$80.2M +565,586 New
Polen Capital Management
40
Polen Capital Management
Florida
$78.6M -$13.4M -94,642 -15%
Point72 Asset Management
41
Point72 Asset Management
Connecticut
$77.9M +$67.9M +478,845 +841%
American Century Companies
42
American Century Companies
Missouri
$77.3M +$7.58M +53,458 +11%
Goldman Sachs
43
Goldman Sachs
New York
$73.2M +$13.1M +92,346 +22%
BNP Paribas Financial Markets
44
BNP Paribas Financial Markets
France
$70.9M +$41.2M +290,258 +147%
CCM
45
Cantillon Capital Management
New York
$67.7M +$66M +465,197 New
Dimensional Fund Advisors
46
Dimensional Fund Advisors
Texas
$66.3M -$244K -1,723 -0.4%
NONA
47
Ninety One North America
New York
$62.4M +$10.3M +72,945 +20%
State Street
48
State Street
Massachusetts
$60.7M +$8.77M +61,811 +17%
SIMG
49
Stephens Investment Management Group
Texas
$60.3M -$1.98M -13,984 -3%
BG
50
Baupost Group
Massachusetts
$58.9M

ICLR Hedge Fund Activity: Q2 2025 in Review

489 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Icon (ICLR) for Q2 2025, worth a combined $11.2B — down 16% from $13.4B a quarter earlier.

Sellers outnumbered buyers: 136 funds closed out of ICLR and 70 opened new positions — a net loss of 66 holders — while 208 trimmed existing stakes and 153 added.

The largest buyer was Artisan Partners, adding an estimated $410M. The largest seller was WCM Investment Management, cutting an estimated $878M.

  • 489 institutional investors held Icon (ICLR) as of Q2 2025, down from 560 in Q1 2025.
  • Funds reported $11.2B of Icon stock for Q2 2025, down 16% quarter-over-quarter.
  • 70 funds opened new Icon positions in Q2 2025 and 136 closed out, a net change of -66 holders.
  • The largest Icon buyer in Q2 2025 was Artisan Partners, an estimated $410M added.
  • The largest Icon seller in Q2 2025 was WCM Investment Management, an estimated $878M sold.

Based on aggregated 13F filings for Q2 2025.