Iconic Sports Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
ICNC.WS
ICNC.WS was delisted on the 25th of September, 2023.
43 hedge funds and large institutions have $2.86M invested in Iconic Sports Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 4 closing their positions.
9% less funds holding
Funds holding: 47 → 43 (-4)
43% less capital invested
Capital invested by funds: $5.04M → $2.86M (-$2.18M)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSI
Flow State Investments
Chicago,
Illinois
|
+$12K |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$1.31K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$699 |
| 4 |
DC
Dryden Capital
Miami,
Florida
|
+$167 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gritstone Asset Management
Bethesda,
Maryland
|
-$40.2K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$20.3K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$18K |
| 4 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$14.1K |
| 5 |
SC
Sculptor Capital
New York
|
-$13.5K |
ICNC.WS Hedge Fund Activity: Q1 2023 in Review
43 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Iconic Sports Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 (ICNC.WS) for Q1 2023, worth a combined $2.86M — down 43% from $5.04M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ICNC.WS and 1 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was Flow State Investments, opening a new position worth an estimated $12K. The largest seller was Gritstone Asset Management, cutting an estimated $40.2K.
- 43 institutional investors held Iconic Sports Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 (ICNC.WS) as of Q1 2023, down from 47 in Q4 2022.
- Funds reported $2.86M of Iconic Sports Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 stock for Q1 2023, down 43% quarter-over-quarter.
- 1 fund opened new Iconic Sports Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 positions in Q1 2023 and 4 closed out, a net change of -3 holders.
- The largest Iconic Sports Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 buyer in Q1 2023 was Flow State Investments, an estimated $12K added.
- The largest Iconic Sports Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 seller in Q1 2023 was Gritstone Asset Management, an estimated $40.2K sold.
Based on aggregated 13F filings for Q1 2023.