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.
14 hedge funds and large institutions have $17.5M invested in Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2022 Q3 according to their latest regulatory filings, with funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 7 closing their positions.
33% less funds holding
Funds holding: 21 → 14 (-7)
58% less capital invested
Capital invested by funds: $41.9M → $17.5M (-$24.3M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$9.17M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$4.49M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$4.04M |
| 4 |
ACM
Atalaya Capital Management
New York
|
-$3.03M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$2.02M |
ICNC.U Hedge Fund Activity: Q3 2022 in Review
14 of the 5,828 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 Q3 2022, worth a combined $17.5M — down 58% from $41.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ICNC.U and 0 opened new positions — a net loss of 7 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Castle Creek Arbitrage, exiting entirely with an estimated $9.17M sold.
- 14 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 Q3 2022, down from 21 in Q2 2022.
- Funds reported $17.5M of Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q3 2022, down 58% 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 Q3 2022 and 7 closed out, a net change of -7 holders.
- The largest Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant seller in Q3 2022 was Castle Creek Arbitrage, an estimated $9.17M sold.
Based on aggregated 13F filings for Q3 2022.