# Intercontinental Exchange (ICE): value investors who own it

6 value investors held Intercontinental Exchange in their Q3 2026 13F, led by Ruane, Cunniff & Goldfarb (Sequoia), Harris Associates (Oakmark), AKO…

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Ruane, Cunniff & Goldfarb (Sequoia) | 4.9% | $315m | Trimmed -3.0% | 24 |
| Harris Associates (Oakmark) | 3.0% | $2.2bn | Added +11% | 21 |
| AKO Capital | 2.9% | $124m | Trimmed -46% | 24 |
| Cantillon Capital Management | 2.5% | $16.7m | Trimmed -95% | 47 |
| Horizon Kinetics | 1.4% | $121m | Added +17% | 30 |
| Markel Group | 0.0% | $3.6m | Unchanged | 22 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-09-14 | Foley Douglas | SVP, HR & Administration | Sold | 1600 | $256k |
| 2026-09-01 | Jackson Benjamin | President | Sold | 6242 | $1000k |
| 2026-09-01 | Edmonds Christopher Scott | President, Fixed Income & Data | Sold | 5000 | $803k |
| 2026-09-01 | Jackson Benjamin | President | Sold | 5020 | $802k |
| 2026-09-01 | Jackson Benjamin | President | Sold | 1600 | $258k |
| 2026-08-26 | Surdykowski Andrew J | General Counsel | Sold | 3974 | $642k |
| 2026-08-26 | Tirinnanzi Martha A | Director | Sold | 1340 | $216k |
| 2026-08-26 | Surdykowski Andrew J | General Counsel | Sold | 600 | $97k |
| 2026-08-20 | Foley Douglas | SVP, HR & Administration | Sold | 1600 | $256k |
| 2026-08-19 | Gardiner Warren | Chief Financial Officer | Sold | 2491 | $389k |
| 2026-08-13 | Tirinnanzi Martha A | Director | Sold | 141 | $22k |
| 2026-08-12 | Kapani Mayur | Chief Technology Officer | Sold | 3771 | $571k |
| 2026-08-12 | Kapani Mayur | Chief Technology Officer | Sold | 400 | $60k |
| 2026-08-12 | Kapani Mayur | Chief Technology Officer | Sold | 100 | $15k |
| 2026-08-05 | Foley Douglas | SVP, HR & Administration | Sold | 7300 | $1.1m |
| 2026-07-16 | Martin Lynn C | President, NYSE Group | Sold | 9482 | $1.3m |
| 2026-07-16 | Martin Lynn C | President, NYSE Group | Sold | 3200 | $451k |
| 2026-07-16 | Martin Lynn C | President, NYSE Group | Sold | 3000 | $419k |
| 2026-07-16 | Martin Lynn C | President, NYSE Group | Sold | 200 | $28k |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Horizon Kinetics Inflation Beneficiaries ETF | Horizon Kinetics | 3.7% | $54.5m | 2026-06-30 |
| Oakmark Global Select Fund | Harris Associates (Oakmark) | 3.6% | $29.4m | 2026-06-30 |
| Sequoia Fund | Ruane, Cunniff & Goldfarb (Sequoia) | 3.5% | $125m | 2026-06-30 |
| Oakmark Global Fund | Harris Associates (Oakmark) | 1.6% | $16.9m | 2026-06-30 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/ice). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.