Intercontinental Exchange (ICE) Fell Due to Investors’ Bias Toward AI Stocks

3 days ago 8

Soumya Eswaran

Thu, November 27, 2025 astatine 7:20 AM CST 3 min read

Sands Capital, an concern absorption company, released its “Sands Capital Select Growth Strategy” Q3 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. U.S. large-cap maturation equities continued to retrieve from a crisp sell-off successful aboriginal April. Strong firm earnings, capitalist enthusiasm astir artificial quality (AI), and increasing expectations for Federal Reserve argumentation easing drove the robust gains. The portfolio returned 6.3% (net) successful the quarter, compared to the benchmark's 10.5% gain. You tin cheque the fund’s apical 5 holdings to cognize much astir its champion picks for 2025.

In its third-quarter 2025 capitalist letter, Sands Capital Select Growth Strategy 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 3.76%, and its shares mislaid 3.04% of their worth implicit the past 52 weeks. On November 26, 2025, Intercontinental Exchange, Inc. (NYSE:ICE) banal closed astatine $156.29 per share, with a marketplace capitalization of $89.464 billion.

Sands Capital Select Growth Strategy stated the pursuing regarding Intercontinental Exchange, Inc. (NYSE:ICE) successful its 3rd 4th 2025 capitalist letter:

"Intercontinental Exchange, Inc. (NYSE:ICE) is 1 of the world’s largest derivatives exchanges and clearinghouse. The banal lagged the broader marketplace during a play erstwhile investors favored businesses with nonstop vulnerability to AI. In our view, underlying results were strong, with income up 10 percent and adjusted net per stock up 19 percent twelvemonth implicit year, some up of statement expectations. Looking ahead, we expect the vigor analyzable to normalize against tougher comparisons pursuing 2 beardown years. Meanwhile, ICE’s Mortgage Technology part (IMT) is showing accelerating refinancing enactment disconnected a debased base, which is driving meaningful improvements successful profitability. In our view, these improvements to IMT profitability are much important and meaningful to the semipermanent maturation lawsuit for ICE versus year-to-year volatility successful the Exchange segment."

Intercontinental Exchange, Inc. (NYSE:ICE) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 84 hedge money portfolios held Intercontinental Exchange, Inc. (NYSE:ICE) astatine the extremity of the 2nd quarter, compared to 94 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.