Iconic Sports Acquisition Corp.
ICNC
ICNC was delisted on the 26th of September, 2023.
61 hedge funds and large institutions have $233M invested in Iconic Sports Acquisition Corp. in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
20% more funds holding
Funds holding: 51 → 61 (+10)
5% more capital invested
Capital invested by funds: $222M → $233M (+$10.6M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$10.2M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$5.25M |
| 3 |
SCM
Saba Capital Management
New York
|
+$4.42M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$3.91M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$17.5M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$3.52M |
| 3 |
KC
Kepos Capital
New York
|
-$3.5M |
| 4 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$2.32M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
51
PEAK6 Investments
Chicago,
Illinois
| $500K | – | – | – |
|
|
VI
52
Vestcor Inc
Fredericton,
New Brunswick, Canada
| $500K | – | – | – |
|
|
SSA
53
Schonfeld Strategic Advisors
New York
| $499K | +$499K | +49,900 | New |
|
|
SRCM
54
Sage Rock Capital Management
New York
| $383K | – | – | – |
|
|
FTCM
55
First Trust Capital Management
Chicago,
Illinois
| $345K | +$345K | +34,487 | New |
|
|
HF
56
HRT Financial
New York
| $301K | – | – | – |
|
|
PAMP
57
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $174K | +$174K | +17,431 | New |
|
|
ACA
58
Arena Capital Advisors
Los Angeles,
California
| $149K | -$2.32M | -231,460 | -94% |
|
|
AA
59
Ancora Advisors
Cleveland,
Ohio
| $146K | – | – | – |
|
60
Bank of Montreal
Toronto,
Ontario, Canada
| $1.92K | -$429K | -42,900 | -18% |
|
|
MF
61
Magnetar Financial
Evanston,
Illinois
| $838 | +$838K | +83,817 | New |
|
|
BCM
62
Beryl Capital Management
Redondo Beach,
California
| – | -$17.5M | -1,752,732 | Closed |
|
|
KC
63
Kepos Capital
New York
| – | -$3.5M | -350,000 | Closed |
|
|
SCC
64
Spring Creek Capital
Wichita,
Kansas
| – | -$2M | -200,000 | Closed |
|
ICNC Hedge Fund Activity: Q2 2022 in Review
61 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Iconic Sports Acquisition Corp. (ICNC) for Q2 2022, worth a combined $233M — up 4.8% from $222M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ICNC positions and 3 closed out — a net gain of 10 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Sculptor Capital, adding an estimated $10.2M. The largest seller was Beryl Capital Management, exiting entirely with an estimated $17.5M sold.
- 61 institutional investors held Iconic Sports Acquisition Corp. (ICNC) as of Q2 2022, up from 51 in Q1 2022.
- Funds reported $233M of Iconic Sports Acquisition Corp. stock for Q2 2022, up 4.8% quarter-over-quarter.
- 13 funds opened new Iconic Sports Acquisition Corp. positions in Q2 2022 and 3 closed out, a net change of +10 holders.
- The largest Iconic Sports Acquisition Corp. buyer in Q2 2022 was Sculptor Capital, an estimated $10.2M added.
- The largest Iconic Sports Acquisition Corp. seller in Q2 2022 was Beryl Capital Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q2 2022.