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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.

21 hedge funds and large institutions have $41.9M invested in Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2022 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% less capital invested

Capital invested by funds: $51.6M → $41.9M (-$9.73M)

22% less funds holding

Funds holding: 2721 (-6)

50% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 4

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 6

Holders
21
Holders Change
-6
Holders Change %
-22.22%
% of All Funds
0.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
2
Reduced
4
Closed
6
Calls
Puts
Net Calls
Net Calls Change

ICNC.U Hedge Fund Activity: Q2 2022 in Review

21 of the 5,959 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 Q2 2022, worth a combined $41.9M — down 19% from $51.6M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of ICNC.U and 0 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 2 added.

The largest buyer was Wolverine Asset Management, adding an estimated $48.4K. The largest seller was Mangrove Partners, exiting entirely with an estimated $4.03M sold.

  • 21 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 Q2 2022, down from 27 in Q1 2022.
  • Funds reported $41.9M of Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q2 2022, down 19% quarter-over-quarter.
  • 0 funds opened new Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q2 2022 and 6 closed out, a net change of -6 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 Q2 2022 was Wolverine Asset Management, an estimated $48.4K 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 Q2 2022 was Mangrove Partners, an estimated $4.03M sold.

Based on aggregated 13F filings for Q2 2022.