Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
ICNC.U
ICNC.U was delisted on the 26th of September, 2023.
21 hedge funds and large institutions have $43.4M 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, 3 increasing their positions, 4 reducing their positions, and 6 closing their positions.
16% less capital invested
Capital invested by funds: $51.6M → $43.4M (-$8.17M)
22% less funds holding
Funds holding: 27 → 21 (-6)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$6.06M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$48.4K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$18.3K |
Top Sellers
ICNC.U Hedge Fund Activity: Q2 2022 in Review
21 of the 5,936 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 $43.4M — down 16% 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 3 added.
The largest buyer was HGC Investment Management, adding an estimated $6.06M. 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 $43.4M 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 16% 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 HGC Investment Management, an estimated $6.06M 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.