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.
9 hedge funds and large institutions have $8.58M invested in Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, 1 reducing their positions, and 8 closing their positions.
36% less funds holding
Funds holding: 14 → 9 (-5)
51% less capital invested
Capital invested by funds: $17.5M → $8.58M (-$8.93M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| 1 |
GCL
Glazer Capital LLC
New York
|
+$144K |
Top Sellers
ICNC.U Hedge Fund Activity: Q4 2022 in Review
9 of the 6,221 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 Q4 2022, worth a combined $8.58M — down 51% from $17.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ICNC.U and 3 opened new positions — a net loss of 5 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $144K. The largest seller was HGC Investment Management, exiting entirely with an estimated $6.09M sold.
- 9 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 Q4 2022, down from 14 in Q3 2022.
- Funds reported $8.58M of Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q4 2022, down 51% quarter-over-quarter.
- 3 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 Q4 2022 and 8 closed out, a net change of -5 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 Q4 2022 was Glazer Capital LLC, an estimated $144K 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 Q4 2022 was HGC Investment Management, an estimated $6.09M sold.
Based on aggregated 13F filings for Q4 2022.