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560 hedge funds and large institutions have $13.4B invested in Icon in 2025 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 192 increasing their positions, 222 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.57% more ownership

Funds ownership: 92.15%93.72% (+1.6%)

6% less funds holding

Funds holding: 594560 (-34)

14% less repeat investments, than reductions

Existing positions increased: 192 | Existing positions reduced: 222

16% less capital invested

Capital invested by funds: $16B → $13.4B (-$2.57B)

19% less funds holding in top 10

Funds holding in top 10: 1613 (-3)

25% less first-time investments, than exits

New positions opened: 72 | Existing positions closed: 96

39% less call options, than puts

Call options by funds: $14.9M | Put options by funds: $24.6M

Holders
560
Holders Change
-34
Holders Change %
-5.72%
% of All Funds
7.51%
Holding in Top 10
13
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-18.75%
% of All Funds
0.17%
New
72
Increased
192
Reduced
222
Closed
96
Calls
$14.9M
Puts
$24.6M
Net Calls
-$9.69M
Net Calls Change
+$53.6M
Name Holding Trade Value Shares
Change
Change in
Stake
MAM
576
Montanaro Asset Management
United Kingdom
-$6.65M -31,700 Closed
Retirement Systems of Alabama
577
Retirement Systems of Alabama
Alabama
-$5.59M -26,653 Closed
MMA
578
Mizuho Markets Americas
New York
-$4.76M -22,692 Closed
AIM
579
Artemis Investment Management
United Kingdom
-$4.4M -21,005 Closed
Adage Capital Partners
580
Adage Capital Partners
Massachusetts
-$4.13M -19,677 Closed
BPC
581
Banque Pictet & Cie
Switzerland
-$3.45M -16,465 Closed
SIA
582
SGL Investment Advisors
Montana
-$3.02M -16,172 Closed
PHP
583
Parkman Healthcare Partners
Connecticut
-$3.33M -15,874 Closed
MCP
584
Meridiem Capital Partners
Texas
-$3.09M -14,739 Closed
PCP
585
Pacific Capital Partners
-$2.23M -10,618 Closed
CP
586
Cumberland Partners
Ontario, Canada
-$2.2M -10,470 Closed
CG
587
Cynosure Group
Utah
-$2.17M -10,358 Closed
MCM
588
Mitchell Capital Management
Kansas
-$1.61M -7,658 Closed
RPSA
589
Richard P. Slaughter Associates
Texas
-$1.44M -6,865 Closed
GH
590
GAM Holding
Switzerland
-$1.17M -5,584 Closed
BNP Paribas Asset Management
591
BNP Paribas Asset Management
France
-$1.16M -5,508 Closed
BFM
592
Boothbay Fund Management
New York
-$1.03M -4,904 Closed
Allianz Asset Management
593
Allianz Asset Management
Germany
-$986K -4,703 Closed
JA
594
JLB & Associates
Michigan
-$893K -4,256 Closed
GCP
595
GSA Capital Partners
United Kingdom
-$842K -4,013 Closed
MC
596
Montag & Caldwell
Georgia
-$560K -2,670 Closed
PEAK6
597
PEAK6
Illinois
-$547K -2,609 Closed
YMRC
598
Yorktown Management & Research Company
Virginia
-$514K -2,450 Closed
AT
599
American Trust
Kentucky
-$465K -2,217 Closed
LJAC
600
L.J. Altfest & Co
New York
-$591 -2,058 Closed

ICLR Hedge Fund Activity: Q1 2025 in Review

560 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Icon (ICLR) for Q1 2025, worth a combined $13.4B — down 16% from $16B a quarter earlier.

Sellers outnumbered buyers: 96 funds closed out of ICLR and 72 opened new positions — a net loss of 24 holders — while 222 trimmed existing stakes and 192 added.

The largest buyer was Artisan Partners, adding an estimated $794M. The largest seller was BlueSpruce Investments, exiting entirely with an estimated $256M sold.

  • 560 institutional investors held Icon (ICLR) as of Q1 2025, down from 594 in Q4 2024.
  • Funds reported $13.4B of Icon stock for Q1 2025, down 16% quarter-over-quarter.
  • 72 funds opened new Icon positions in Q1 2025 and 96 closed out, a net change of -24 holders.
  • The largest Icon buyer in Q1 2025 was Artisan Partners, an estimated $794M added.
  • The largest Icon seller in Q1 2025 was BlueSpruce Investments, an estimated $256M sold.

Based on aggregated 13F filings for Q1 2025.