icon investments is a leading asset manager that provides innovative alternative investment products to individual and institutional investors through publicly registered programs, private funds and separately managed accounts. with more than 25 years of experience in the alternative asset management industry, icon and its affiliates have managed investments for more than 63,000 investors and made more than $4.0 billion in total investments. icon investments is headquartered in new york, with offices in boston, london and singapore.
Company profile
Ticker
CION
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Former names
CĪON Investment Corp
SEC CIK
Corporate docs
Subsidiaries
34th Street Funding, LLC • CIC Holdco, LLC • CION Agent, LLC • Murray Hill Funding, LLC • Murray Hill Funding II, LLC • Park South, LLC • View ITC, LLC • View North, LLC • View NWN, LLC • View Rise, LLC ...
IRS number
453058280
CION stock data
Latest filings (excl ownership)
8-K
Cion Investment Corporation Schedules 2024 First Quarter Earnings Release and Conference Call
8 Apr 24
8-K
Regulation FD Disclosure
27 Mar 24
8-K
Cion Investment Corporation Reports Fourth Quarter and Year End 2023 Financial Results
14 Mar 24
10-K
2023 FY
Annual report
13 Mar 24
8-K
Cion Investment Corporation Schedules 2023 Fourth Quarter and Year-end Earnings Release and Conference Call
8 Feb 24
8-K
CION Investment Corporation Announces Special Year-End 2023 Distribution of $0.15 Per Share
14 Dec 23
8-K
CION Investment Corporation Announces the Issuance of $100 Million Floating Rate Senior Unsecured Notes due 2027
13 Nov 23
8-K
Cion Investment Corporation Reports Third Quarter 2023 Financial Results
9 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
CION Investment Corporation Announces Issuance of Approximately $34 Million of Additional Series A Unsecured Notes in Israel
11 Oct 23
Transcripts
CION
Earnings call transcript
2023 Q4
14 Mar 24
CION
Earnings call transcript
2023 Q3
9 Nov 23
CION
Earnings call transcript
2023 Q2
9 Aug 23
CION
Earnings call transcript
2023 Q1
10 May 23
CION
Earnings call transcript
2022 Q4
16 Mar 23
CION
Earnings call transcript
2022 Q3
10 Nov 22
CION
Earnings call transcript
2022 Q2
14 Aug 22
CION
Earnings call transcript
2022 Q1
15 May 22
CION
Earnings call transcript
2021 Q3
15 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.81 mm | 6.81 mm | 6.81 mm | 6.81 mm | 6.81 mm | 6.81 mm |
Cash burn (monthly) | 1.57 mm | 3.07 mm | 25.19 mm | 17.77 mm | 2.29 mm | (no burn) |
Cash used (since last report) | 10.45 mm | 20.44 mm | 167.64 mm | 118.29 mm | 15.21 mm | n/a |
Cash remaining | -3.64 mm | -13.63 mm | -160.84 mm | -111.48 mm | -8.41 mm | n/a |
Runway (months of cash) | -2.3 | -4.4 | -6.4 | -6.3 | -3.7 | n/a |
Institutional ownership, Q3 2023
33.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 166 |
Opened positions | 17 |
Closed positions | 17 |
Increased positions | 56 |
Reduced positions | 64 |
13F shares | Current |
---|---|
Total value | 174.87 bn |
Total shares | 18.27 mm |
Total puts | 10.90 k |
Total calls | 4.50 k |
Total put/call ratio | 2.4 |
Largest owners | Shares | Value |
---|---|---|
Punch & Associates Investment Management | 1.63 mm | $17.23 bn |
IVZ Invesco | 1.13 mm | $11.95 bn |
Cambridge Investment Research Advisors | 1.02 mm | $10.82 mm |
Bulldog Investors | 1.00 mm | $10.58 bn |
LPL Financial | 949.39 k | $10.04 bn |
Van Eck Associates | 901.06 k | $9.48 bn |
Pinkerton Retirement Specialists | 783.44 k | $8.28 bn |
Acadian Asset Management | 656.91 k | $6.91 bn |
Advisor | 532.97 k | $5.63 bn |
Sofos Investments | 472.06 k | $1.41 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Apr 24 | Eric A. Pinero | Common Stock, $0.001 par value | Buy | Acquire P | No | No | 11.11 | 450 | 5.00 k | 7,135.88 |
1 Apr 24 | Stephen Roman | Common stock, $0.001 par value | Buy | Acquire P | No | No | 11.05 | 450 | 4.97 k | 9,146.44 |
27 Mar 24 | Mark Gatto | Common stock, $0.001 par value | Buy | Acquire P | Yes | No | 11.02 | 50 | 551.00 | 50 |
27 Mar 24 | Mark Gatto | Common stock, $0.001 par value | Buy | Acquire P | Yes | No | 11.02 | 50 | 551.00 | 50 |
27 Mar 24 | Mark Gatto | Common stock, $0.001 par value | Buy | Acquire P | Yes | No | 11.02 | 50 | 551.00 | 50 |
27 Mar 24 | Mark Gatto | Common stock, $0.001 par value | Buy | Acquire P | Yes | No | 11.02 | 1,000 | 11.02 k | 1,000 |
25 Mar 24 | Michael A Reisner | Common stock, $0.001 par value | Buy | Acquire P | No | No | 10.65 | 469 | 4.99 k | 43,753.38 |
20 Mar 24 | Gregg A. Bresner | Common Stock, $0.001 par value | Buy | Acquire P | No | No | 10.78 | 4,000 | 43.12 k | 50,099 |
News
Insiders Buying Outlook Therapeutics And 2 Other Stocks
1 Apr 24
CION Invt Q4 EPS $0.40 Misses $0.41 Estimate, Sales $60.00M Beat $58.33M Estimate
14 Mar 24
CION Invt FY 2023 Net Inv Income Per Share $1.92 Misses $1.93 Estimate, Total Inv Income $251.010M Beat $249.338M Estimate
14 Mar 24
Earnings Scheduled For March 14, 2024
14 Mar 24
Earnings Outlook For CION Invt
13 Mar 24