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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
WCM Investment Management
1
WCM Investment Management
California
$1.14B +$10.6M +54,781 +0.9%
Artisan Partners
2
Artisan Partners
Wisconsin
$751M +$794M +4,095,633 +2,097%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$646M +$306M +1,579,915 +75%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$543M -$19.4M -100,132 -3%
Invesco
5
Invesco
Georgia
$523M +$212M +1,094,613 +58%
Ninety One (UK)
6
Ninety One (UK)
United Kingdom
$511M -$5.58M -28,766 -1%
Franklin Resources
7
Franklin Resources
California
$367M -$13.8M -71,159 -3%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$331M +$110M +565,174 +43%
AllianceBernstein
9
AllianceBernstein
Tennessee
$326M +$7.65M +39,457 +2%
ClearBridge Investments
10
ClearBridge Investments
New York
$323M -$40.2M -207,519 -10%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$299M -$237M -1,223,335 -42%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$291M +$106M +545,531 +49%
SGA
13
Sustainable Growth Advisers
Connecticut
$265M -$15.9M -81,881 -5%
Janus Henderson Group
14
Janus Henderson Group
United Kingdom
$257M -$9.32M -48,086 -3%
RCG
15
Ruane, Cunniff & Goldfarb
New York
$219M -$2.17M -11,190 -0.9%
CGI
16
Comgest Global Investors
France
$208M +$3.17M +16,334 +1%
Norges Bank
17
Norges Bank
Norway
$182M +$7.02M +36,220 +4%
Lazard Asset Management
18
Lazard Asset Management
New York
$177M -$160M -825,242 -45%
JP Morgan Chase
19
JP Morgan Chase
New York
$170M -$19.1M -98,750 -9%
Bank of America
20
Bank of America
North Carolina
$153M -$274K -1,415 -0.2%
Allspring Global Investments
21
Allspring Global Investments
North Carolina
$150M +$31M +160,132 +22%
TSAM
22
Trinity Street Asset Management
United Kingdom
$146M -$1.15M -5,946 -0.7%
TIM
23
Thornburg Investment Management
New Mexico
$144M -$12.3M -63,514 -44%
Neuberger Berman Group
24
Neuberger Berman Group
New York
$133M +$412K +2,124 +0.3%
Citadel Advisors
25
Citadel Advisors
Florida
$123M +$25.9M +133,715 +23%

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.