Iconic Sports Acquisition Corp.
ICNC
ICNC was delisted on the 26th of September, 2023.
51 hedge funds and large institutions have $222M invested in Iconic Sports Acquisition Corp. in 2022 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 12 increasing their positions, 2 reducing their positions, and 3 closing their positions.
600% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 3
500% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
55% more funds holding
Funds holding: 33 → 51 (+18)
46% more capital invested
Capital invested by funds: $152M → $222M (+$70.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Cohanzick Management
Pleasantville,
New York
|
+$8.67M |
| 2 |
Millennium Management
New York
|
+$8.22M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$5.87M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
+$5.62M |
| 5 |
SC
Sculptor Capital
New York
|
+$5.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.12M |
| 2 |
KC
Kepos Capital
New York
|
-$2.73M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.67M |
| 4 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$176K |
| 5 |
DFCM
Dark Forest Capital Management
San Juan,
Puerto Rico
|
-$56K |
ICNC Hedge Fund Activity: Q1 2022 in Review
51 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Iconic Sports Acquisition Corp. (ICNC) for Q1 2022, worth a combined $222M — up 46% from $152M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ICNC positions and 3 closed out — a net gain of 18 holders — while 12 added to existing stakes and 2 trimmed.
The largest buyer was Cohanzick Management, opening a new position worth an estimated $8.67M. The largest seller was UBS O'Connor, exiting entirely with an estimated $5.12M sold.
- 51 institutional investors held Iconic Sports Acquisition Corp. (ICNC) as of Q1 2022, up from 33 in Q4 2021.
- Funds reported $222M of Iconic Sports Acquisition Corp. stock for Q1 2022, up 46% quarter-over-quarter.
- 21 funds opened new Iconic Sports Acquisition Corp. positions in Q1 2022 and 3 closed out, a net change of +18 holders.
- The largest Iconic Sports Acquisition Corp. buyer in Q1 2022 was Cohanzick Management, an estimated $8.67M added.
- The largest Iconic Sports Acquisition Corp. seller in Q1 2022 was UBS O'Connor, an estimated $5.12M sold.
Based on aggregated 13F filings for Q1 2022.