Intercontinental Exchange

ICE • NYSE

Intercontinental Exchange is a financial - data & stock exchanges company in the financial services sector on NYSE, led by Jeffrey C. Sprecher, with a market cap of $90.7B. As of Q3 2025, 89% of shares are held by 1,633 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.39%.

CEOJeffrey C. Sprecher

Market Cap$90.7B

Financial - Data & Stock Exchanges

Financial Services

Employees13.2K

Websitetheice.com

Country

United States of America

Overview

Overview of institutional ownership in ICE as of Q3 2025 with a market cap of $96.4B

All Institutions

Institutions: 1,633
Value Held: $86.1B
Shares Held: 510.9M
Avg Position: $52.7M
Median Position: $1.3M

Hedge Funds

Hedge Funds: 100
Value Held: $3.3B
Shares Held: 19.3M
Avg Position: $32.5M
Median Position: $4.2M

Ownership Breakdown

Institutional (non-HF)

85.93%

$82.9B

Hedge Funds

3.37%

$3.3B

Retail & Other

10.7%

$10.3B

Based on market cap of $96.4B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ICE as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$9.1B 0.14% of portfolio	9.39% 53.7M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$8.7B 0.15% of portfolio	9.01% 51.6M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$4.2B 0.15% of portfolio	4.34% 24.8M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$2.6B 0.16% of portfolio	2.75% 15.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$2.1B 0.13% of portfolio	2.20% 12.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$2.1B 0.16% of portfolio	2.15% 12.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Edmund Wellington Iii President	$1.7B 0.31% of portfolio	1.81% 10.4M shares	≤ Q2 2013 Held for 12y 5m+	$571.21B
HARRIS ASSOCIATES L P Long Only Manager	David Gregory Herro Chairman	$1.7B 2.75% of portfolio	1.78% 10.2M shares	Q2 2021 Held for 4y 5m	$62.4B
R ROYAL BANK OF CANADA Institution	-	$1.5B 0.28% of portfolio	1.57% 9.0M shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.4B 0.09% of portfolio	1.48% 8.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T

Net Capital Flow

Institutional buying and selling activity for ICE in Q3 2025

Net Flow: −$80.0M
Buyers: 682
Sellers: 706
Total Bought: +$4.4B
Total Sold: −$4.5B
Avg Position: $51.8M

Biggest Buyers

Institution	Net Bought	Current Position
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$685.4M +4.1M shares	$1.7B 10.4M shares
D DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Institution	+$340.0M +2.0M shares	$478.4M 2.8M shares
Mawer Investment Management Ltd. Long Only Manager	+$267.3M +1.6M shares	$416.5M 2.5M shares
J O Hambro Investment Management Ltd RIA/Wealth	+$256.3M +1.5M shares	$257.2M 1.5M shares
HENDERSON GROUP PLC Institution	+$200.9M +1.2M shares	$1.0B 6.1M shares
UBS Group AG Institution	+$169.6M +1.0M shares	$658.1M 3.9M shares
A Assenagon Asset Management S.A. Institution	+$159.4M +946.1K shares	$191.0M 1.1M shares
C Capital World Investors Institution	+$156.4M +928.0K shares	$1.2B 7.0M shares
L Lombard Odier Asset Management SA Private Equity	+$149.5M +288.6K shares	$157.5M 304.2K shares
GOLDMAN SACHS GROUP INC Institution	+$99.3M +589.6K shares	$653.0M 3.9M shares

Biggest Sellers

Institution	Net Sold	Current Position
FMR LLC Institution	−$364.7M −2.2M shares	$999.0M 5.9M shares
MORGAN STANLEY RIA/Wealth	−$224.3M −1.3M shares	$2.6B 15.7M shares
Independent Franchise Partners LLP Long Only Manager	−$223.0M −1.3M shares	$805.7M 4.8M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$209.8M −1.2M shares	$759.0M 4.5M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$206.5M −1.2M shares	$30.3M 179.6K shares
Third Point LLC Hedge Fund•Multi-Strategy	−$174.3M −950.0K shares	Sold Off 0 shares
Junto Capital Management LP Hedge Fund•Long/Short	−$163.8M −892.7K shares	Sold Off 0 shares
G GCIC Ltd. Institution	−$137.8M −751.0K shares	Sold Off 0 shares
WORLDQUANT MILLENNIUM QUANTITATIVE STRATEGIES LLC Hedge Fund•Multi-Strategy	−$120.6M −715.6K shares	$17.2M 102.3K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	−$117.0M −694.2K shares	$38.1M 226.1K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ICE in Q3 2025

New Positions: 50
New Value: $184.1M
Exited Positions: 114
Exited Value: $711.3M

New Positions

Institution	Position Value
C Canoe Financial LP Institution	$111.8M 663.8K shares
London & Capital Asset Management Ltd Digital Asset Manager	$31.4M 186.3K shares
Advocacy Wealth Management Services, LLC RIA/Wealth	$13.5M 80.4K shares
U Unisphere Establishment Institution	$7.6M 45.1K shares
C Capitolis Liquid Global Markets LLC Private Equity	$4.6M 27.3K shares
PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC RIA/Wealth	$2.1M 12.6K shares
B Bayview Asset Management, LLC Hedge Fund•Multi-Strategy	$2.0M 11.7K shares
C CSM Advisors, LLC Institution	$1.4M 8.3K shares
OmniStar Financial Group, Inc. RIA/Wealth	$1.0M 6.1K shares
DOVER ADVISORS, LLC RIA/Wealth	$709.6K 4.2K shares

Exited Positions

Institution	Previous Position
Third Point LLC Hedge Fund•Multi-Strategy	$174.3M 950.0K shares
Junto Capital Management LP Hedge Fund•Long/Short	$163.8M 892.7K shares
G GCIC Ltd. Institution	$137.8M 751.0K shares
Holocene Advisors, LP Hedge Fund•Long/Short	$49.2M 268.0K shares
SAMLYN CAPITAL, LLC Hedge Fund•Multi-Strategy	$27.0M 147.0K shares
G Gillson Capital LP Hedge Fund•Long/Short	$21.9M 119.6K shares
Point72 Europe LLP Digital Asset Manager	$16.4M 89.3K shares
H HRT FINANCIAL LLC Institution	$15.7M 85.4K shares
N Nearwater Capital Markets, Ltd Institution	$14.7M 80.0K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$11.1M 60.3K shares

Options Activity

Institutions with the largest Call and Put options positions in ICE as of Q3 2025

Call Positions: 33
Call Value: $299.3M
Put Positions: 29
Put Value: $262.3M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$67.7M 4.0K contracts
J JANE STREET GROUP, LLC Institution	$52.1M 3.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$33.3M 2.0K contracts
BARCLAYS PLC Institution	$22.8M 1.4K contracts
W WOLVERINE TRADING, LLC Institution	$17.5M 1.0K contracts
LEUCADIA NATIONAL CORP Institution	$16.8M 1.0K contracts
D Delta Accumulation, LLC Hedge Fund•Vol Arbitrage	$12.8M 798.0 contracts
UBS Group AG Institution	$9.6M 567.0 contracts
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$8.8M 524.0 contracts
H HSBC HOLDINGS PLC Institution	$6.8M 402.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$49.9M 3.0K contracts
GOLDMAN SACHS GROUP INC Institution	$32.0M 1.9K contracts
CITIGROUP INC Institution	$25.8M 1.5K contracts
UBS Group AG Institution	$21.2M 1.3K contracts
H HSBC HOLDINGS PLC Institution	$21.0M 1.2K contracts
D Delta Accumulation, LLC Hedge Fund•Vol Arbitrage	$14.0M 874.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$13.4M 793.0 contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$11.8M 699.0 contracts
W WOLVERINE TRADING, LLC Institution	$9.9M 590.0 contracts
BANK OF AMERICA CORP /DE/ Institution	$9.7M 573.0 contracts

Most Committed Institutions

Institutions with ICE as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Caldwell Investment Management Ltd. RIA/Wealth	Natasha Lee Smith CCO	12.53% $16.8M	0.02% 100.0K shares	Q4 2021 Held for 3y 11m	$134.0M
CADEN CAPITAL PARTNERS, LP Hedge Fund•Long/Short	Barry Jason Simon Managing Partner	10.82% $26.1M	0.03% 154.9K shares	Q4 2022 Held for 2y 11m	$241.2M
Visualize Group LP Hedge Fund•Multi-Strategy	Chukudi Melvin Ike Managing Partner	10.76% $32.1M	0.03% 190.7K shares	Q4 2024 Held for 11 months	$298.6M
2 2Xideas AG Institution	-	9.40% $44.5M	0.05% 264.3K shares	Q4 2020 Held for 4y 11m	$473.6M
R RIT CAPITAL PARTNERS PLC Institution	-	8.03% $54.8M	0.06% 325.3K shares	Q3 2023 Held for 2y 2m	$682.2M
Ruane, Cunniff & Goldfarb L.P. Long Only Manager	John Brooks Harris Managing Partner	7.66% $462.2M	0.48% 2.7M shares	Q3 2020 Held for 5y 2m	$6.0B
L Lombard Odier Asset Management SA Private Equity	Charles Curtis Fox CEO	7.31% $157.5M	0.05% 304.2K shares	Q1 2025 Held for 8 months	$2.2B
Sycale Advisors LLC Hedge Fund•Distressed	Arnold Ephraim Dande Ngoje CFO	7.12% $22.8M	0.02% 135.4K shares	Q3 2023 Held for 2y 2m	$320.5M
H Hyperion Capital Advisors LP Hedge Fund•Long/Short	John Brooks Harris President	6.87% $12.9M	0.01% 76.3K shares	Q2 2020 Held for 5y 5m	$187.0M
PLATINUM INVESTMENT MANAGEMENT LTD Long Only Manager	Andrew Norman Stannard Director	6.49% $100.3M	0.10% 595.5K shares	Q1 2021 Held for 4y 8m	$1.5B

Hedge Fund Spotlight

Discover hedge funds investing in ICE

Voleon Capital Management LP

Hedge Fund • Quant

Portfolio ManagerMichael Kharitonov

Portfolio Value: $4.1B
Positions: 884
Last Reported: Q3 2025

Sector Allocation

Position in Intercontinental Exchange

Market Value: $1.9M
Shares Held: 11.0K
Portfolio Weight: 0.05%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$269.2M	6.58%
2 Apple AAPL	Consumer Electronics Technology	$238.2M	5.82%
3 Microsoft MSFT	Software - Infrastructure Technology	$218.3M	5.33%