Iconic Sports Acquisition Corp.
ICNC
ICNC was delisted on the 26th of September, 2023.
56 hedge funds and large institutions have $281M 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, 8 reducing their positions, and 10 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
6% more capital invested
Capital invested by funds: $264M → $281M (+$16.7M)
5% less funds holding
Funds holding: 59 → 56 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
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 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.85M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$4.61M |
| 4 |
ACM
Atalaya Capital Management
New York
|
-$3.04M |
| 5 |
SC
Sculptor Capital
New York
|
-$2.57M |
ICNC Hedge Fund Activity: Q4 2022 in Review
56 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Iconic Sports Acquisition Corp. (ICNC) for Q4 2022, worth a combined $281M — up 6.3% from $264M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ICNC and 7 opened new positions — a net loss of 3 holders — while 8 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.
- 56 institutional investors held Iconic Sports Acquisition Corp. (ICNC) as of Q4 2022, down from 59 in Q3 2022.
- Funds reported $281M of Iconic Sports Acquisition Corp. stock for Q4 2022, up 6.3% quarter-over-quarter.
- 7 funds opened new Iconic Sports Acquisition Corp. positions in Q4 2022 and 10 closed out, a net change of -3 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.