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Signal dossier · Q1 2026

ICE logoICE

Intercontinental Exchange · Financials

Informational only — not investment advice. HoldLens tracks institutional positioning from public 13F filings. We are not a registered investment advisor and do not provide recommendations to buy or sell securities. Our 2026 backtest over 221 ticker-quarter pairs found the ConvictionScore has no predictive signal for forward returns (Pearson r = −0.12). The rankings describe what tracked superinvestors were accumulating or selling at the latest 13F snapshot — useful as market intelligence, not as personal investment advice. 13F data is reported with a 45-day SEC filing lag.
ConvictionScore · single −100..+100 scale
Net selling
−2
on a signed −100 sell scale · Slight selling
1 tracked manager selling. MODERATE selling pattern.
Unified ConvictionScore · −100..+100
Smart money + insider + track record + trend + concentration + contrarian − dissent − crowding
−2
Buy component
+4
Dissent penalty
−5
Unanimity bonus
+1
Quality differential
-5
Info density
+6
Buyers / Sellers
1 / 1
ConvictionScore v5 · 9-layer breakdown
13F superinvestor moves + Form 4 insider trades + 8-K material events. The SEC Signals trilogy.
−2
Smart money (13F)
+6
Insider activity (Form 4)
+0
Track record (CAGR)
-6
Trend streak
+1
Concentration
+3
Contrarian bonus
+0
Event signal (8-K)
+0
− Dissent penalty
−5
− Crowding penalty
−0
Owners: 1·Buyers: 14·Sellers: 9·Buyer-CAGR-weighted expected return: +9% ±1.9%·How this is computed
Why this score?
See the 9 factors that produced −2 for ICE

HoldLens's ConvictionScore is the sum of 9 factors clamped to −100/+100. Each factor has a known min/max range; the math is deterministic and reproducible. Every input traces to a public SEC filing. Full methodology →

FactorContribution
Smart money+6
Insider activity0
Track record-6
Trend streak+1
Concentration+3
Contrarian bonus0
8-K events0
Dissent+5
Crowding0
Sum (clamped −100/+100)−2

How to read: emerald = positive contribution to the buy signal; rose = penalty (sellers, crowded ownership, bearish 8-K events). Hover any factor name in the methodology page for the exact formula. Every number is computed at build time from EDGAR filings — no proprietary opinion layer, no editorial scoring. For ICE specifically: 14 buyers vs 9 sellers among the 30 tracked managers.

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8-quarter activity

Distinct managers buying or selling ICE each quarter — last 2 years.

1 buy moves·0 sell moves·net buying
'24 Q1
'24 Q2
'24 Q3
'24 Q4
'25 Q1
'25 Q2
'25 Q3
1
'25 Q4
'26 Q1
Buyers (new + add)Sellers (trim + exit)

Ownership breadth · 8 quarters

Breadth flat
-1 owners over 8Q
2
2
3
4
3
2
1
1
1
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
Q2 '25
Q3 '25
Q4 '25
Q1 '26

The number of superinvestors holding this name has been stable for 8 quarters. See the most-owned names across all tracked managers →

Smart money activity

Every tracked 13F move on ICE — grouped by quarter, ranked by manager quality.

Smart money activity
14 buys · 9 sells across tracked 13F filings
Net signal: Heavy accumulation
Q4 2025(4 moves)
Portfolio manager% portfolio
Cantillon Capital Management
5.80%
Viking Global Investors
2.10%
Gotham Asset Management
0.10%
Oakmark Funds
3.20%
Q3 2025(2 moves)
Portfolio manager% portfolio
Gotham Asset Management
0.10%
Maverick Capital
0.00%
Q2 2025(4 moves)
Portfolio manager% portfolio
Gotham Asset Management
0.10%
Viking Global Investors
0.00%
Maverick Capital
2.30%
Oakmark Funds
3.10%
Q1 2025(5 moves)
Portfolio manager% portfolio
Viking Global Investors
1.80%
Gotham Asset Management
0.00%
Giverny Capital
0.00%
Maverick Capital
2.90%
Oakmark Funds
3.30%
Q4 2024(2 moves)
Portfolio manager% portfolio
Viking Global Investors
1.30%
Gotham Asset Management
0.00%
Q3 2024(4 moves)
Portfolio manager% portfolio
Giverny Capital
0.10%
Gotham Asset Management
0.00%
Maverick Capital
4.50%
Oakmark Funds
2.80%

Insider activity

What the company's own executives and directors are doing — buys are highly bullish.

Latest news

Recent headlines for ICE — context for the moves above.

Who’s betting biggest on ICE

Each bar is one manager’s position size in ICE as a % of their portfolio. Longer bar = bigger conviction bet. T1 badge marks the highest-quality track records.

Exchange + data compounder.

AI thesis

An AI-synthesised investment thesis for ICE, based on the 13F data above. Generated on demand — not stored or pre-computed.

AI thesis
Claude Haiku synthesis of net selling positioning from 1 institutional filers
Powered by Claude Haiku

Generate a 2-paragraph investment thesis synthesising 1 institutional holdings and the -2 conviction score.

Related smart-money signals

Derived from the same 13F filings
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The HoldLens signal dossier shows the unified −100..+100 ConvictionScore alongside live prices, multi-quarter trend detection, insider activity, and real-time news. Not investment advice. Methodology.

Sister property: SecFilingDex — the encyclopedic reference for every SEC form variant (13F-HR / 13F-NT / 13F-HR/A) and the regulatory citation behind the data on this page.