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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 $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.

New
Increased
Maintained
Reduced
Closed

16% less capital invested

Capital invested by funds: $51.6M → $43.4M (-$8.17M)

22% less funds holding

Funds holding: 2721 (-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

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
3
Reduced
4
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HIM
1
HGC Investment Management
Ontario, Canada
$12.1M +$6.06M +600,200 +100%
CCA
2
Castle Creek Arbitrage
Colorado
$9.17M
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
3
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$4.04M
ACM
4
Atalaya Capital Management
New York
$3.03M
Millennium Management
5
Millennium Management
New York
$2.52M
Calamos Advisors
6
Calamos Advisors
Illinois
$2.02M
CIM
7
Cowen Investment Management
New York
$2.01M
SRF
8
Silver Rock Financial
California
$1.56M -$533K -52,790 -25%
DCM
9
Difesa Capital Management
New York
$1.26M
SSA
10
Schonfeld Strategic Advisors
New York
$1.16M -$555K -55,000 -32%
AGC
11
Angelo Gordon & Co
New York
$1.01M
LP
12
LMR Partners
United Kingdom
$1.01M
BCM
13
Basso Capital Management
Connecticut
$708K
ICM
14
III Capital Management
Florida
$558K
HF
15
HRT Financial
New York
$505K
MTCM
16
Mint Tower Capital Management
Netherlands
$504K
LCM
17
Landscape Capital Management
New Jersey
$161K
WAM
18
Wolverine Asset Management
Illinois
$60K +$48.4K +4,800 +400%
UBS Group
19
UBS Group
Switzerland
$19K +$18.3K +1,811 +2,236%
Morgan Stanley
20
Morgan Stanley
New York
$7K -$5.55K -550 -44%
MF
21
Magnetar Financial
Illinois
$4.49K -$1.32M -130,600 -23%
MP
22
Mangrove Partners
Connecticut
-$4.03M -400,000 Closed
GCM
23
Ghisallo Capital Management
Massachusetts
-$2.27M -225,000 Closed
WC
24
Wealthspring Capital
New York
-$492K -48,900 Closed
SIA
25
Schechter Investment Advisors
Michigan
-$450K -44,700 Closed

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.