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

III 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
2026 Q1	$777K	Sell	41,549 -97,185	-70%	-$2.12M	0.23%	53
2025 Q4	$3.1M	Buy	138,734 +65,000	+88%	+$1.37M	0.46%	31
2025 Q3	$1.82M	Sell	73,734 -11,866	-14%	-$288K	0.44%	30
2025 Q2	$1.74M	Buy	85,600 +40,000	+88%	+$716K	0.31%	32
2025 Q1	$865K	Sell	45,600 -30,000	-40%	-$722K	0.16%	38
2024 Q4	$1.95M	Buy	75,600 +17,800	+31%	+$450K	0.31%	30
2024 Q3	$1.19M	Buy	57,800 +9,800	+20%	+$178K	0.09%	57
2024 Q2	$902K	Buy	+48,000	New	+$843K	0.04%	80

Other funds holding NCLH

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return

Ariel Investments Chicago, Illinois $8.93B AUM 29.58% 1-Year Est. Return

EIM

Elliott Investment Management West Palm Beach, Florida $20.1B AUM 60.76% 1-Year Est. Return

III Capital Management's NCLH Position: Q1 2026 in Review

III Capital Management reduced its Norwegian Cruise Line (NCLH) stake by 70% in Q1 2026, selling an estimated $2.12M and leaving 41,549 shares worth $777K. The position accounts for 0.23% of the portfolio, ranked #53.

III Capital Management first reported a position in NCLH in Q2 2024 and has held it in 8 quarters since. The position peaked at $3.1M in Q4 2025. 634 funds tracked by Wall St. Rank hold NCLH as of Q1 2026.

III Capital Management held 41,549 shares of Norwegian Cruise Line worth $777K as of Q1 2026.
III Capital Management sold 97,185 Norwegian Cruise Line shares in Q1 2026, an estimated $2.12M.
Norwegian Cruise Line made up 0.23% of III Capital Management's portfolio in Q1 2026, its #53 holding.
III Capital Management first reported a position in Norwegian Cruise Line in Q2 2024 and has held it in 8 quarters since.
III Capital Management's Norwegian Cruise Line position peaked at $3.1M in Q4 2025.
634 funds tracked by Wall St. Rank held Norwegian Cruise Line as of Q1 2026.

Based on III Capital Management's 13F filing for Q1 2026, filed 15 May 2026.