Murray Stahl's ICE Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 830,766 shares of Intercontinental Exchange, Inc. (ICE) worth $134.55 M, representing 1.82% of the portfolio. First purchased in 2013-Q4, this long-term strategic position has been held for 49 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 426,621 shares. Largest reduction occurred in Q3 2014, reducing 214,065 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -295 | Reduce 0.04% | 830,766 | $161.96 |
| Q3 2025 | -697 | Reduce 0.08% | 831,061 | $168.48 |
| Q2 2025 | +13,497 | Add 1.65% | 831,758 | $183.47 |
| Q1 2025 | +13,680 | Add 1.70% | 818,261 | $172.50 |
| Q4 2024 | +59,055 | Add 7.92% | 804,581 | $149.01 |
| Q3 2024 | +1,738 | Add 0.23% | 745,526 | $160.64 |
| Q2 2024 | +15,245 | Add 2.09% | 743,788 | $136.89 |
| Q1 2024 | -53,396 | Reduce 6.83% | 728,543 | $137.43 |
| Q4 2023 | -91,827 | Reduce 10.51% | 781,939 | $128.43 |
| Q3 2023 | -50,240 | Reduce 5.44% | 873,766 | $110.02 |
| Q2 2023 | -42,663 | Reduce 4.41% | 924,006 | $113.08 |
| Q1 2023 | -26,192 | Reduce 2.64% | 966,669 | $104.29 |
| Q4 2022 | -24,364 | Reduce 2.40% | 992,861 | $102.59 |
| Q3 2022 | -48,211 | Reduce 4.53% | 1.02 M | $90.35 |
| Q2 2022 | +56,391 | Add 5.59% | 1.07 M | $94.04 |
| Q1 2022 | +137,646 | Add 15.80% | 1.01 M | $132.12 |
| Q4 2021 | +46,848 | Add 5.68% | 871,399 | $136.77 |
| Q3 2021 | +23,394 | Add 2.92% | 824,551 | $114.82 |
| Q2 2021 | +212,002 | Add 35.98% | 801,157 | $118.70 |
| Q1 2021 | +43,706 | Add 8.01% | 589,155 | $111.68 |
| Q4 2020 | -3,294 | Reduce 0.60% | 545,449 | $115.29 |
| Q3 2020 | +31,860 | Add 6.16% | 548,743 | $100.05 |
| Q2 2020 | +426,621 | Add 472.65% | 516,883 | $91.60 |
| Q1 2020 | +7,925 | Add 9.63% | 90,262 | $80.75 |
| Q4 2019 | +15,338 | Add 22.89% | 82,337 | $92.55 |
| Q3 2019 | +11,034 | Add 19.72% | 66,999 | $92.27 |
| Q2 2019 | -402 | Reduce 0.71% | 55,965 | $85.95 |
| Q1 2019 | -173 | Reduce 0.31% | 56,367 | $76.14 |
| Q4 2018 | +6,490 | Add 12.97% | 56,540 | $75.33 |
| Q3 2018 | -1,000 | Reduce 1.96% | 50,050 | $74.89 |
| Q4 2017 | +25 | Add 0.05% | 51,050 | $70.56 |
| Q3 2017 | -1,125 | Reduce 2.16% | 51,025 | $68.69 |
| Q3 2016 | +85 | Add 0.16% | 52,150 | $53.88 |
| Q2 2016 | -460 | Reduce 0.88% | 52,065 | $51.19 |
| Q1 2016 | -3,930 | Reduce 6.96% | 52,525 | $47.03 |
| Q4 2015 | -190 | Reduce 0.34% | 56,455 | $51.26 |
| Q3 2015 | -24,535 | Reduce 30.22% | 56,645 | $46.99 |
| Q2 2015 | -8,480 | Reduce 9.46% | 81,180 | $44.73 |
| Q1 2015 | -30 | Reduce 0.03% | 89,660 | $46.65 |
| Q4 2014 | +10 | Add 0.01% | 89,690 | $43.85 |
| Q3 2014 | -214,065 | Reduce 70.48% | 89,680 | $39.02 |
| Q2 2014 | -75,005 | Reduce 19.80% | 303,745 | $37.78 |
| Q1 2014 | -10,850 | Reduce 2.78% | 378,750 | $39.57 |
| Q4 2013 | +389,600 | New Buy | 389,600 | $44.98 |
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 49 quarters since Q4 2013.
Murray Stahl's largest addition to Intercontinental Exchange, Inc. (ICE) was in Q2 2020, adding 516,883 shares worth $47.35 M.
According to the latest 13F filing for Q4 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 830,766 shares of Intercontinental Exchange, Inc. (ICE), valued at approximately $134.55 M.
As of the Q4 2025 filing, Intercontinental Exchange, Inc. (ICE) represents approximately 1.82% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Intercontinental Exchange, Inc. (ICE) was 1,065,436 shares, as reported at the end of Q2 2022.