Intercontinental Exchange (ICE) Fell Due to Investors’ Rotation

2 hours ago 3

Soumya Eswaran

Tue, December 23, 2025 astatine 7:11 AM CST 2 min read

Parnassus Investments, an concern absorption company, released the “Parnassus Core Equity Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The S&P 500 Index surged successful the 3rd quarter, driven by capitalist optimism that grew connected expectations of monetary easing, beardown user demand, and coagulated firm earnings. The Fund (Investor Shares) returned 2.57% (net of fees) successful the quarter, trailing the S&P 500 Index’s 8.12% return. YTD, the money returned 9.89% compared to 14.83% for the index. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Parnassus Core Equity Fund highlighted stocks specified arsenic Intercontinental Exchange, Inc. (NYSE:ICE). Intercontinental Exchange, Inc. (NYSE:ICE) is simply a fiscal services institution that offers marketplace infrastructure, information services, and exertion solutions for fiscal institutions, corporations, and authorities entities. The one-month instrumentality of Intercontinental Exchange, Inc. (NYSE:ICE) was 3.52%, and its shares gained 7.30% of their worth implicit the past 52 weeks. On December 22, 2025, Intercontinental Exchange, Inc. (NYSE:ICE) banal closed astatine $161.45 per share, with a marketplace capitalization of $92.06 billion.

Parnassus Core Equity Fund stated the pursuing regarding Intercontinental Exchange, Inc. (NYSE:ICE) successful its 3rd 4th 2025 capitalist letter:

"Intercontinental Exchange, Inc. (NYSE:ICE), the relation of the New York Stock Exchange, saw its shares autumn arsenic investors rotated retired of defensive, lower-beta stocks that had benefited from capitalist enthusiasm earlier successful the year. The company’s fundamentals stay stable, successful our view."

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Intercontinental Exchange, Inc. (NYSE:ICE) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 82 hedge money portfolios held Intercontinental Exchange, Inc. (NYSE:ICE) astatine the extremity of the 3rd quarter, compared to 84 successful the erstwhile quarter. While we admit the imaginable of Intercontinental Exchange, Inc. (NYSE:ICE) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

In another article, we covered Intercontinental Exchange, Inc. (NYSE:ICE) and shared the database of champion fiscal assemblage dividend stocks to buy. In its Q3 2025 capitalist letter, Sands Capital Select Growth Strategy besides cited the aforesaid crushed for Intercontinental Exchange, Inc.’s (NYSE:ICE) diminution successful the quarter. In addition, delight cheque retired our hedge money capitalist letters Q3 2025 page for much capitalist letters from hedge funds and different starring investors.