London-based investment firm AKO Capital significantly reduced its position in Intercontinental Exchange (ICE) during the second quarter of 2026, cutting its holdings by 46.27% from 1.87 million shares to 1.00 million. Following the sale, the position's weight in AKO's reported portfolio dropped from 5.75% to 2.88%.
This trade information comes from a quarterly 13F filing with the SEC, dated August 12, 2026, which discloses trades made between April 1 and June 30. AKO Capital is known for its long-term investment philosophy, focusing on high-quality companies. While the firm has not publicly commented on the specific reasons for the reduction, the remaining stake in ICE is still valued at over $123 million, representing a substantial holding.