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Brigade Capital Management’s Norwegian Cruise Line NCLH Stock Holding History

Brigade Capital Management’s Portfolio NCLH Stock Details NCLH Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-347,600
Closed -$8.56M – 24
2025
Q3 		$8.56M Buy
+347,600
New +$8.44M 1.05% 10
2021
Q1 		– Sell
-47,000
Closed -$1.2M – 76
2020
Q4 		$1.2M Hold
47,000
– – 0.07% 42
2020
Q3 		$804K Sell
47,000
-10,500
-18% -$166K 0.03% 45
2020
Q2 		$945K Buy
57,500
+43,500
+311% +$637K 0.04% 41
2020
Q1 		$153K Buy
+14,000
New +$563K 0.01% 48

Other funds holding NCLH

Capital International Investors
Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
AI
Ariel Investments Chicago, Illinois $10B AUM 42.59% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return
Marshall Wace
Marshall Wace London, United Kingdom $127B AUM 46.06% 1-Year Est. Return

Brigade Capital Management's NCLH Position: Q4 2025 in Review

Brigade Capital Management sold out of Norwegian Cruise Line (NCLH) in Q4 2025, closing a stake of 347,600 shares — an estimated $8.56M sold.

Brigade Capital Management first reported a position in NCLH in Q1 2020 and held it in 5 quarters. The position peaked at $8.56M in Q3 2025. 646 funds tracked by Wall St. Rank hold NCLH as of Q4 2025.

  • Brigade Capital Management reported no remaining Norwegian Cruise Line position as of Q4 2025 after selling out during the quarter.
  • Brigade Capital Management sold 347,600 Norwegian Cruise Line shares in Q4 2025, an estimated $8.56M.
  • Brigade Capital Management first reported a position in Norwegian Cruise Line in Q1 2020 and held it in 5 quarters.
  • Brigade Capital Management's Norwegian Cruise Line position peaked at $8.56M in Q3 2025.
  • 646 funds tracked by Wall St. Rank held Norwegian Cruise Line as of Q4 2025.

Based on Brigade Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.