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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
AC
501
Armistice Capital
New York
-$17.5M -100,052 Closed
FC
502
FACT Capital
New York
-$12.1M -69,421 Closed
Calamos Advisors
503
Calamos Advisors
Illinois
-$7.6M -43,459 Closed
SSP
504
Sixth Street Partners
Texas
-$7.17M -41,000 Closed
SAM
505
Silvercrest Asset Management
New York
-$5.65M -32,298 Closed
QIM
506
Quantitative Investment Management
Virginia
-$4.39M -25,068 Closed
Man Group
507
Man Group
United Kingdom
-$3.69M -21,070 Closed
ACIM
508
Azimuth Capital Investment Management
Michigan
-$2.94M -16,815 Closed
EGA
509
Eagle Global Advisors
Texas
-$2.14M -12,224 Closed
SSA
510
Schonfeld Strategic Advisors
New York
-$2.08M -11,892 Closed
MML Investors Services
511
MML Investors Services
Massachusetts
-$2.08M -11,872 Closed
Susquehanna International Group
512
Susquehanna International Group
Pennsylvania
-$1.66M -11,731 Closed
TI
513
Trexquant Investment
Connecticut
-$1.93M -11,040 Closed
CP
514
CenterBook Partners
Connecticut
-$1.88M -10,742 Closed
XT
515
XTX Topco
Cayman Islands
-$1.6M -9,158 Closed
ZBNA
516
Zions Bancorporation, National Association
Utah
-$1.55M -8,840 Closed
LFS
517
Littlejohn Financial Services
Oregon
-$1.48M -8,462 Closed
MYIA
518
Mount Yale Investment Advisors
Colorado
-$1.39M -7,933 Closed
DGM
519
Delta Global Management
New York
-$1.27M -7,245 Closed
CW
520
Channel Wealth
California
-$1.25M -7,119 Closed
RPAM
521
Rhenman & Partners Asset Management
Sweden
-$1.22M -7,000 Closed
PAMP
522
Polar Asset Management Partners
Ontario, Canada
-$1.22M -6,954 Closed
ET
523
Entropy Technologies
New York
-$1.2M -6,874 Closed
VA
524
VestGen Advisors
Illinois
-$1.14M -6,524 Closed
WA
525
Wasatch Advisors
Utah
-$1.13M -6,443 Closed

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.