Intercontinental Exchange (ICE) Benefited as Volatility Hits The Markets

2 months ago 20

Soumya Eswaran

Thu, Apr 10, 2025, 6:27 AM 3 min read

GreensKeeper Asset Management, an concern absorption company, released its archetypal 4th 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. Markets had a hard commencement to 2025; with precocious levels of volatility successful each of the main indices. The Value Fund finished the archetypal 4th +3.0% nett of fees and expenses nett of fees and expenses. For the archetypal quarter, the S&P/TSX retuned +1.5%, the S&P500 -4.2% and the Nasdaq –10.2%. The markets fell astir 10% this past week arsenic a effect of President Trump's April 2 "Liberation Day" tariff announcement. In addition, you tin cheque the fund’s apical 5 holdings to find its champion picks for 2025.

In its archetypal 4th 2025 capitalist letter, GreensKeeper Asset Management emphasized stocks specified arsenic Intercontinental Exchange, Inc. (NYSE:ICE). Intercontinental Exchange, Inc. (NYSE:ICE) 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 -7.29%, and its shares gained 17.48% of their worth implicit the past 52 weeks. On April 9, 2025, Intercontinental Exchange, Inc. (NYSE:ICE) banal closed astatine $156.81 per stock with a marketplace capitalization of $90.087 billion.

GreensKeeper Asset Management stated the pursuing regarding Intercontinental Exchange, Inc. (NYSE:ICE) successful its Q1 2025 capitalist letter:

"Rounding retired our apical 5 performers successful Q1 were Elevance Health (ELV) +17.9% and Intercontinental Exchange, Inc. (NYSE:ICE) + 15.8%. As mentioned successful the past Scorecard, we judge the sell-off successful ELV implicit the past twelvemonth has been overdone, and the banal is trading astatine a important discount to our estimation of its intrinsic value. The caller rebound reflects a partial correction of that mispricing. ICE continues to execute good arsenic a important information of its net is driven by transaction measurement connected its exchanges and expanding request for fiscal data, some of which mostly summation erstwhile panic-induced volatility hits the markets."

A fiscal trader monitoring a banal scale committee successful an bureau lobby.

Intercontinental Exchange, Inc. (NYSE:ICE) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 91 hedge money portfolios held Intercontinental Exchange, Inc. (NYSE:ICE) astatine the extremity of the 4th fourth compared to 84 successful the 3rd quarter. While we admit the imaginable of Intercontinental Exchange, Inc. (NYSE:ICE) arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns, and doing truthful wrong a shorter timeframe. If you are looking for an AI banal that is arsenic promising arsenic NVIDIA but that trades astatine little than 5 times its earnings, cheque retired our study astir the cheapest AI stock.

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