Intrinsic Edge Capital Management’s Norwegian Cruise Line NCLH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-220,049	Closed	-$5.66M	–	105
2024 Q4	$5.66M	Hold	220,049	–	–	0.77%	57
2024 Q3	$4.51M	Sell	220,049 -1,649,594	-88%	-$30M	0.56%	58
2024 Q2	$35.1M	Buy	1,869,643 +965,126	+107%	+$16.9M	3.4%	1
2024 Q1	$18.9M	Buy	904,517 +804,517	+805%	+$14.6M	1.6%	22
2023 Q4	$2M	Buy	+100,000	New	+$1.6M	0.21%	87
2022 Q1	–	Sell	-824,141	Closed	-$17.1M	–	223
2021 Q4	$17.1M	Buy	+824,141	New	+$19.7M	1.29%	23
2019 Q2	–	Sell	-108,510	Closed	-$5.96M	–	142
2019 Q1	$5.96M	Sell	108,510 -207,452	-66%	-$10.7M	1.02%	36
2018 Q4	$13.4M	Buy	315,962 +235,962	+295%	+$11.4M	2.27%	11
2018 Q3	$4.59M	Buy	+80,000	New	+$4.14M	0.74%	52
2017 Q2	–	Sell	-74,762	Closed	-$3.79M	–	138
2017 Q1	$3.79M	Buy	74,762 +59,762	+398%	+$2.9M	1.17%	29
2016 Q4	$638K	Buy	+15,000	New	+$600K	0.27%	95