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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
Hudson Bay Capital Management
76
Hudson Bay Capital Management
Connecticut
$28.1M +$27.4M +193,000 New
Macquarie Group
77
Macquarie Group
Australia
$27.9M +$2.87M +20,224 +12%
Royal Bank of Canada
78
Royal Bank of Canada
Ontario, Canada
$27.2M +$12.5M +87,878 +89%
MCO
79
MAK Capital One
New York
$26.8M +$26.1M +184,087 New
Raymond James Financial
80
Raymond James Financial
Florida
$26.1M +$4.43M +31,261 +21%
BCM
81
Brown Capital Management
Maryland
$26.1M -$358K -2,522 -1%
Canada Pension Plan Investment Board
82
Canada Pension Plan Investment Board
Ontario, Canada
$26.1M +$1.96M +13,824 +8%
Walleye Capital
83
Walleye Capital
New York
$26.1M +$20.7M +146,233 +442%
HEIP
84
Hudson Edge Investment Partners
New Jersey
$26M -$424K -2,990 -2%
Russell Investments Group
85
Russell Investments Group
United Kingdom
$25.8M +$2.58M +18,198 +11%
Alyeska Investment Group
86
Alyeska Investment Group
Illinois
$25.1M -$7.74M -54,596 -24%
JF
87
Jump Financial
Illinois
$24.5M +$20M +141,120 +513%
Envestnet Asset Management
88
Envestnet Asset Management
Illinois
$23.3M -$30.1M -211,892 -57%
ZIG
89
Zuckerman Investment Group
Illinois
$23M +$4.02M +28,339 +22%
California Public Employees Retirement System
90
California Public Employees Retirement System
California
$22.6M +$1.01M +7,107 +5%
GPGA
91
Grandeur Peak Global Advisors
Utah
$21.9M -$12.6M -88,510 -37%
CSS
92
Cubist Systematic Strategies
Connecticut
$19.8M -$3.71M -26,127 -16%
Two Sigma Investments
93
Two Sigma Investments
New York
$19.3M +$18.8M +132,625 New
Amundi
94
Amundi
France
$18.7M -$1.03M -7,228 -6%
Fidelity International
95
Fidelity International
Bermuda
$17.4M -$76.6M -539,888 -82%
Wells Fargo
96
Wells Fargo
California
$16.1M -$10.5M -73,974 -40%
ROC
97
Running Oak Capital
Minnesota
$15.6M +$3.44M +24,260 +29%
HF
98
HRT Financial
New York
$15.1M +$13.6M +96,060 +1,196%
Ameriprise
99
Ameriprise
Minnesota
$14.9M -$19.6M -138,189 -57%
WPI
100
Walter Public Investments
Canada
$14.7M -$158K -1,116 -1%

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.