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.
7 hedge funds and large institutions have $5.14M invested in Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 0 reducing their positions, and 3 closing their positions.
22% less funds holding
Funds holding: 9 → 7 (-2)
40% less capital invested
Capital invested by funds: $8.58M → $5.14M (-$3.44M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| 1 |
CS
Clear Street
New York
|
+$94 |
Top Sellers
| 1 |
Millennium Management
New York
|
-$2.6M |
| 2 |
GAM
Gritstone Asset Management
Bethesda,
Maryland
|
-$907K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$18.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIM
1
Cowen Investment Management
New York
| $2.12M | – | – | – |
|
|
SRF
2
Silver Rock Financial
Los Angeles,
California
| $1.64M | – | – | – |
|
|
CM
3
Crystalline Management
Montreal, Quebec,
Canada
| $537K | – | – | – |
|
|
HF
4
HRT Financial
New York
| $528K | – | – | – |
|
|
LCM
5
Landscape Capital Management
Englewood,
New Jersey
| $170K | – | – | – |
|
|
GCL
6
Glazer Capital LLC
New York
| $148K | – | – | – |
|
|
CS
7
Clear Street
New York
| $95 | +$94 | +9 | New |
|
|
8
Millennium Management
New York
| – | -$2.6M | -250,000 | Closed |
|
|
GAM
9
Gritstone Asset Management
Bethesda,
Maryland
| – | -$907K | -87,218 | Closed |
|
|
10
UBS Group
Zurich,
Switzerland
| – | -$18.6K | -1,792 | Closed |
|
ICNC.U Hedge Fund Activity: Q1 2023 in Review
7 of the 6,275 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 Q1 2023, worth a combined $5.14M — down 40% from $8.58M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ICNC.U and 1 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Clear Street, opening a new position worth an estimated $94. The largest seller was Millennium Management, exiting entirely with an estimated $2.6M sold.
- 7 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 Q1 2023, down from 9 in Q4 2022.
- Funds reported $5.14M of Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant stock for Q1 2023, down 40% quarter-over-quarter.
- 1 fund opened new Iconic Sports Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant positions in Q1 2023 and 3 closed out, a net change of -2 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 Q1 2023 was Clear Street, an estimated $94 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 Q1 2023 was Millennium Management, an estimated $2.6M sold.
Based on aggregated 13F filings for Q1 2023.