Marathon Asset Management 13F: New $21M Stake in ICE

Marathon Asset Management took a new position in Intercontinental Exchange, Inc. (ICE) by acquiring 141,027 shares valued at approximately $21.4 million on October 26, 2026. This information comes from the fund's latest Form 13F filing with the SEC, covering the quarter that ended on September 30, 2026.

ICE Intercontinental Exchange, Inc.

$162.74 ▲ +2.77% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Marathon Asset Management's ICE Position

Marathon Asset Management opened a new position in Intercontinental Exchange, acquiring 141,027 shares. This purchase is significant, representing 1.7% of the fund's total reported value of about $1.26 billion and ranking 23rd among its 76 positions.

Where ICE Fits in Marathon Asset Management's Portfolio

The new position in ICE adds a notable value to Marathon's portfolio, amounting to approximately $21.4 million. Since this is a new buy, there is no prior share count to compare, but it highlights the fund's interest in the stock's potential.

Other Institutional Activity in ICE

Mill Capital Management holds 160,066 shares of ICE, having increased its stake by 3,347 shares, which is valued at about $24.3 million. Harris Associates L.P. maintains a larger position with 18,050,700 shares worth approximately $2.89 billion, having added 1,707,830 shares in its last reporting period.

Intercontinental Exchange, Inc. Stock Down 1.7%

Intercontinental Exchange recently traded around $160.05, which is about equal to its closing price on October 26, 2026. The stock is currently above its 50-day moving average by 1.8% and its 200-day moving average by 3.5%, indicating a stable trading position.

Recent Earnings

Intercontinental Exchange reported trailing twelve-month revenue of approximately $10.56 billion and an EPS of $7.09. The next earnings report is scheduled for October 29, 2026.

Insider Buying and Selling at Intercontinental Exchange, Inc.

Several insiders sold shares recently. Director Martha A. Tirinnanzi sold 1,340 shares at an average price of $161.16 on August 26, 2026. Additionally, President Benjamin Jackson sold 12,862 shares on September 1, 2026, valued at about $2.06 million. These transactions occurred before the recent 13F filing date.

Analysts Set New Price Targets

On October 5, 2026, TD Cowen downgraded ICE to a Hold rating with a target of $166. On October 7, Barclays maintained an Overweight rating with a target of $189, while Morgan Stanley set its target at $173 on October 9, 2026. The consensus among analysts is a buy with a mean price target of $187.53.

About Intercontinental Exchange, Inc.

Intercontinental Exchange, Inc. is a leading operator of global exchanges and clearing houses, providing technology and data to financial institutions and corporations worldwide. The company operates through segments including Exchanges and Data Services, making it a key player in the financial services sector.

Bottom Line

Investors should watch for the upcoming earnings report on October 29, 2026, as well as any further filings from Marathon Asset Management. The recent 13F filing shows a significant new stake in ICE, suggesting confidence in the company's future performance.