Murray Stahl's ICE Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 831.1K shares of Intercontinental Exchange, Inc. (ICE) worth $140.02 M, representing 1.71% of the portfolio. First purchased in 2013-Q4, this long-term strategic position has been held for 48 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in ICE, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2020, adding 426.6K shares. Largest reduction occurred in Q3 2014, reducing 214.1K shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Intercontinental Exchange (ICE) Holding Value Over Time
Track share changes against reported price movement
Quarterly Intercontinental Exchange (ICE) Trades by Murray Stahl
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2013 | +389,600 | New Buy | 389,600 | $44.98 |
| Q1 2014 | -10,850 | Reduce 2.78% | 378,750 | $39.57 |
| Q2 2014 | -75,005 | Reduce 19.80% | 303,745 | $37.78 |
| Q3 2014 | -214,065 | Reduce 70.48% | 89,680 | $39.02 |
| Q4 2014 | +10 | Add 0.01% | 89,690 | $43.85 |
| Q1 2015 | -30 | Reduce 0.03% | 89,660 | $46.65 |
| Q2 2015 | -8,480 | Reduce 9.46% | 81,180 | $44.73 |
| Q3 2015 | -24,535 | Reduce 30.22% | 56,645 | $46.99 |
| Q4 2015 | -190 | Reduce 0.34% | 56,455 | $51.26 |
| Q1 2016 | -3,930 | Reduce 6.96% | 52,525 | $47.03 |
| Q2 2016 | -460 | Reduce 0.88% | 52,065 | $51.19 |
| Q3 2016 | +85 | Add 0.16% | 52,150 | $53.88 |
| Q3 2017 | -1,125 | Reduce 2.16% | 51,025 | $68.69 |
| Q4 2017 | +25 | Add 0.05% | 51,050 | $70.56 |
| Q3 2018 | -1,000 | Reduce 1.96% | 50,050 | $74.89 |
| Q4 2018 | +6,490 | Add 12.97% | 56,540 | $75.33 |
| Q1 2019 | +56,368 | Add 0.00% | 56,367 | $76.14 |
| Q2 2019 | -402 | Reduce 0.71% | 55,965 | $85.95 |
| Q3 2019 | +11,034 | Add 19.72% | 66,999 | $92.27 |
| Q4 2019 | +15,338 | Add 22.89% | 82,337 | $92.55 |
| Q1 2020 | +7,925 | Add 9.63% | 90,262 | $80.75 |
| Q2 2020 | +426,621 | Add 472.65% | 516,883 | $91.60 |
| Q3 2020 | +31,860 | Add 6.16% | 548,743 | $100.05 |
| Q4 2020 | -3,294 | Reduce 0.60% | 545,449 | $115.29 |
| Q1 2021 | +43,706 | Add 8.01% | 589,155 | $111.68 |
| Q2 2021 | +212,002 | Add 35.98% | 801,157 | $118.70 |
| Q3 2021 | +23,394 | Add 2.92% | 824,551 | $114.82 |
| Q4 2021 | +46,848 | Add 5.68% | 871,399 | $136.77 |
| Q1 2022 | +137,646 | Add 15.80% | 1.01 M | $132.12 |
| Q2 2022 | +56,391 | Add 5.59% | 1.07 M | $94.04 |
| Q3 2022 | -48,211 | Reduce 4.53% | 1.02 M | $90.35 |
| Q4 2022 | -24,364 | Reduce 2.40% | 992,861 | $102.59 |
| Q1 2023 | -26,192 | Reduce 2.64% | 966,669 | $104.29 |
| Q2 2023 | -42,663 | Reduce 4.41% | 924,006 | $113.08 |
| Q3 2023 | -50,240 | Reduce 5.44% | 873,766 | $110.02 |
| Q4 2023 | -91,827 | Reduce 10.51% | 781,939 | $128.43 |
| Q1 2024 | -53,396 | Reduce 6.83% | 728,543 | $137.43 |
| Q2 2024 | +15,245 | Add 2.09% | 743,788 | $136.89 |
| Q3 2024 | +1,738 | Add 0.23% | 745,526 | $160.64 |
| Q4 2024 | +59,055 | Add 7.92% | 804,581 | $149.01 |
| Q1 2025 | +13,680 | Add 1.70% | 818,261 | $172.50 |
| Q2 2025 | +13,497 | Add 1.65% | 831,758 | $183.47 |
| Q3 2025 | -697 | Reduce 0.08% | 831,061 | $168.48 |
Murray Stahl's Intercontinental Exchange Investment FAQs
Murray Stahl first purchased Intercontinental Exchange, Inc. (ICE) in Q4 2013, acquiring 389,600 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Intercontinental Exchange, Inc. (ICE) for 48 quarters since Q4 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's largest addition to Intercontinental Exchange, Inc. (ICE) was in Q2 2020, adding 516,883 shares worth $47.35 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 831,061 shares of Intercontinental Exchange, Inc. (ICE), valued at approximately $140.02 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Intercontinental Exchange, Inc. (ICE) represents approximately 1.71% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's peak holding in Intercontinental Exchange, Inc. (ICE) was 1,065,436 shares, as reported at the end of Q2 2022. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.