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ICNC

Iconic Sports Acquisition Corp.

Delisted

ICNC was delisted on the 26th of September, 2023.

59 hedge funds and large institutions have $264M invested in Iconic Sports Acquisition Corp. in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 4

13% more capital invested

Capital invested by funds: $233M → $264M (+$31.4M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less funds holding

Funds holding: 6159 (-2)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Holders
59
Holders Change
-2
Holders Change %
-3.28%
% of All Funds
1.02%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
14
Reduced
4
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SC
1
Sculptor Capital
New York
$19.8M
SCM
2
Saba Capital Management
New York
$17.8M
Marshall Wace
3
Marshall Wace
United Kingdom
$14.5M +$1.01K +100 +0%
Millennium Management
4
Millennium Management
New York
$14.3M +$4.79M +475,760 +51%
DC
5
Dryden Capital
Florida
$14.2M +$1.01M +100,000 +8%
CM
6
Cohanzick Management
New York
$12.5M +$2.87M +284,786 +30%
Adage Capital Partners
7
Adage Capital Partners
Massachusetts
$12.2M
HCM
8
Highbridge Capital Management
New York
$9.44M +$2.72M +270,449 +41%
CCA
9
Castle Creek Arbitrage
Colorado
$9.23M +$9.17M +910,256 New
FTCM
10
Fir Tree Capital Management
New York
$9.12M
WAM
11
Weiss Asset Management
Massachusetts
$6.96M +$1.86M +185,080 +37%
Citigroup
12
Citigroup
New York
$6.35M +$6.3M +625,652 New
MI
13
MMCAP International
Cayman Islands
$6.08M
CCM
14
Context Capital Management
California
$5.74M
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$5.65M
MF
16
Magnetar Financial
Illinois
$5.36M +$4.48M +444,400 +530%
TCA
17
Taconic Capital Advisors
New York
$5.17M +$453K +45,000 +10%
Balyasny Asset Management
18
Balyasny Asset Management
Illinois
$5.1M
MCM
19
Moore Capital Management
New York
$5.07M
TCM
20
Tenor Capital Management
New York
$5.07M
UOC
21
UBS O'Connor
Illinois
$4.85M -$481K -47,777 -9%
CH
22
CVI Holdings
Delaware
$4.57M
AA
23
AQR Arbitrage
Connecticut
$4.44M +$453K +45,000 +11%
CSS
24
Cubist Systematic Strategies
Connecticut
$4.17M -$337K -33,438 -8%
OCM
25
Oaktree Capital Management
California
$4.06M

ICNC Hedge Fund Activity: Q3 2022 in Review

59 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Iconic Sports Acquisition Corp. (ICNC) for Q3 2022, worth a combined $264M — up 13% from $233M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of ICNC and 6 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 14 added.

The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $9.17M. The largest seller was Mangrove Partners, exiting entirely with an estimated $3.91M sold.

  • 59 institutional investors held Iconic Sports Acquisition Corp. (ICNC) as of Q3 2022, down from 61 in Q2 2022.
  • Funds reported $264M of Iconic Sports Acquisition Corp. stock for Q3 2022, up 13% quarter-over-quarter.
  • 6 funds opened new Iconic Sports Acquisition Corp. positions in Q3 2022 and 8 closed out, a net change of -2 holders.
  • The largest Iconic Sports Acquisition Corp. buyer in Q3 2022 was Castle Creek Arbitrage, an estimated $9.17M added.
  • The largest Iconic Sports Acquisition Corp. seller in Q3 2022 was Mangrove Partners, an estimated $3.91M sold.

Based on aggregated 13F filings for Q3 2022.