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ICNC.U

Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant

Delisted

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

27 hedge funds and large institutions have $51.6M invested in Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% less funds holding

Funds holding: 5327 (-26)

60% less capital invested

Capital invested by funds: $129M → $51.6M (-$77M)

67% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 6

96% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 27

Holders
27
Holders Change
-26
Holders Change %
-49.06%
% of All Funds
0.43%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
2
Reduced
6
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCA
1
Castle Creek Arbitrage
Colorado
$9.17M
HIM
2
HGC Investment Management
Ontario, Canada
$6.04M +$2.03K +200 +0%
MF
3
Magnetar Financial
Illinois
$5.79M -$174K -17,194 -3%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
4
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$4.03M
MP
5
Mangrove Partners
Connecticut
$4.03M
ACM
6
Atalaya Capital Management
New York
$3.02M
Millennium Management
7
Millennium Management
New York
$2.52M -$8.2M -810,000 -76%
GCM
8
Ghisallo Capital Management
Massachusetts
$2.27M
SRF
9
Silver Rock Financial
California
$2.1M
Calamos Advisors
10
Calamos Advisors
Illinois
$2.01M
CIM
11
Cowen Investment Management
New York
$2.01M
SSA
12
Schonfeld Strategic Advisors
New York
$1.71M -$304K -30,000 -15%
DCM
13
Difesa Capital Management
New York
$1.26M
AGC
14
Angelo Gordon & Co
New York
$1.01M
LP
15
LMR Partners
United Kingdom
$1.01M
BCM
16
Basso Capital Management
Connecticut
$708K
ICM
17
III Capital Management
Florida
$558K -$736K -72,693 -57%
MTCM
18
Mint Tower Capital Management
Netherlands
$504K
HF
19
HRT Financial
New York
$503K -$23.6K -2,325 -4%
WC
20
Wealthspring Capital
New York
$492K
SIA
21
Schechter Investment Advisors
Michigan
$450K
NAM
22
Nexpoint Asset Management
Texas
$201K
LCM
23
Landscape Capital Management
New Jersey
$161K
Morgan Stanley
24
Morgan Stanley
New York
$13K +$10.6K +1,050 +525%
WAM
25
Wolverine Asset Management
Illinois
$12K +$12.2K +1,200 New

ICNC.U Hedge Fund Activity: Q1 2022 in Review

27 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (ICNC.U) for Q1 2022, worth a combined $51.6M — down 60% from $129M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of ICNC.U and 1 opened new positions — a net loss of 26 holders — while 6 trimmed existing stakes and 2 added.

The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $12.2K. The largest seller was Context Capital Management, exiting entirely with an estimated $8.24M sold.

  • 27 institutional investors held Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (ICNC.U) as of Q1 2022, down from 53 in Q4 2021.
  • Funds reported $51.6M of Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q1 2022, down 60% quarter-over-quarter.
  • 1 fund opened new Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q1 2022 and 27 closed out, a net change of -26 holders.
  • The largest Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant buyer in Q1 2022 was Wolverine Asset Management, an estimated $12.2K added.
  • The largest Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q1 2022 was Context Capital Management, an estimated $8.24M sold.

Based on aggregated 13F filings for Q1 2022.