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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
Artisan Partners
1
Artisan Partners
Wisconsin
$1.05B +$410M +2,893,946 +67%
Massachusetts Financial Services
2
Massachusetts Financial Services
Massachusetts
$546M +$92.2M +650,379 +21%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$533M -$4.44M -31,290 -0.8%
Invesco
4
Invesco
Georgia
$449M +$13.9M +98,032 +3%
Ninety One (UK)
5
Ninety One (UK)
United Kingdom
$435M +$10.7M +75,465 +3%
D.E. Shaw & Co
6
D.E. Shaw & Co
New York
$354M +$110M +772,275 +46%
Franklin Resources
7
Franklin Resources
California
$296M -$9.33M -65,808 -3%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$286M +$10.2M +71,643 +4%
Citadel Advisors
9
Citadel Advisors
Florida
$283M +$176M +1,240,822 +176%
RCG
10
Ruane, Cunniff & Goldfarb
New York
$248M +$64.4M +453,833 +36%
Harris Associates
11
Harris Associates
Illinois
$238M +$232M +1,638,059 New
AllianceBernstein
12
AllianceBernstein
Tennessee
$192M -$76.6M -540,158 -29%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$173M -$74.1M -522,638 -31%
1832 Asset Management
14
1832 Asset Management
Ontario, Canada
$167M +$140M +983,950 +588%
ClearBridge Investments
15
ClearBridge Investments
New York
$167M -$98.8M -696,392 -38%
Norges Bank
16
Norges Bank
Norway
$159M +$6.82M +48,082 +5%
Allspring Global Investments
17
Allspring Global Investments
North Carolina
$158M +$23.1M +162,853 +18%
CGI
18
Comgest Global Investors
France
$155M -$17.6M -124,202 -10%
WD
19
WGI DM
Massachusetts
$147M +$65.6M +462,550 +84%
UBS Group
20
UBS Group
Switzerland
$142M +$85M +599,104 +158%
FPA
21
First Pacific Advisors
California
$140M +$59.2M +417,173 +76%
Manulife (Manufacturers Life Insurance)
22
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$124M +$54.8M +386,625 +83%
TSAM
23
Trinity Street Asset Management
United Kingdom
$122M +$1.08M +7,596 +0.9%
Morgan Stanley
24
Morgan Stanley
New York
$118M +$26.6M +187,627 +30%
Janus Henderson Group
25
Janus Henderson Group
United Kingdom
$113M -$93.6M -660,097 -46%

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.