Iconic Sports Acquisition Corp.
ICNC
ICNC was delisted on the 26th of September, 2023.
57 hedge funds and large institutions have $286M invested in Iconic Sports Acquisition Corp. in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 9 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
6% more capital invested
Capital invested by funds: $269M → $286M (+$16.6M)
3% less funds holding
Funds holding: 59 → 57 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$10.6M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$6.15M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$3.21M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$2.54M |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$5.65M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$4.61M |
| 3 |
ACM
Atalaya Capital Management
New York
|
-$3.04M |
| 4 |
SC
Sculptor Capital
New York
|
-$2.57M |
| 5 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$2.29M |
ICNC Hedge Fund Activity: Q4 2022 in Review
57 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Iconic Sports Acquisition Corp. (ICNC) for Q4 2022, worth a combined $286M — up 6.2% from $269M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ICNC and 7 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was HSBC Holdings, adding an estimated $10.6M. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $5.65M sold.
- 57 institutional investors held Iconic Sports Acquisition Corp. (ICNC) as of Q4 2022, down from 59 in Q3 2022.
- Funds reported $286M of Iconic Sports Acquisition Corp. stock for Q4 2022, up 6.2% quarter-over-quarter.
- 7 funds opened new Iconic Sports Acquisition Corp. positions in Q4 2022 and 9 closed out, a net change of -2 holders.
- The largest Iconic Sports Acquisition Corp. buyer in Q4 2022 was HSBC Holdings, an estimated $10.6M added.
- The largest Iconic Sports Acquisition Corp. seller in Q4 2022 was D.E. Shaw & Co, an estimated $5.65M sold.
Based on aggregated 13F filings for Q4 2022.