U.S. Global Investors (USGI)’s Norwegian Cruise Line NCLH Stock Holding History

U.S. Global Investors (USGI)’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	-39,000	Closed	-$961K	–	146
2025 Q3	$961K	Buy	39,000 +15,000	+63%	+$364K	0.11%	74
2025 Q2	$487K	Hold	24,000	–	–	0.06%	87
2025 Q1	$455K	Buy	24,000 +19,000	+380%	+$458K	0.06%	79
2024 Q4	$129K	Buy	+5,000	New	+$126K	0.01%	117
2024 Q3	–	Sell	-59,000	Closed	-$1.11M	–	152
2024 Q2	$1.11M	Buy	+59,000	New	+$1.04M	0.11%	58
2024 Q1	–	Sell	-47,000	Closed	-$942K	–	162
2023 Q4	$942K	Buy	47,000 +20,600	+78%	+$330K	0.06%	57
2023 Q3	$435K	Buy	+26,400	New	+$487K	0.04%	70
2023 Q1	–	Sell	-53,000	Closed	-$649K	–	146
2022 Q4	$649K	Buy	+53,000	New	+$798K	0.04%	68

Other funds holding NCLH

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

Ariel Investments Chicago, Illinois $10B AUM 42.59% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Marshall Wace London, United Kingdom $127B AUM 46.06% 1-Year Est. Return

U.S. Global Investors (USGI)'s NCLH Position: Q4 2025 in Review

U.S. Global Investors (USGI) sold out of Norwegian Cruise Line (NCLH) in Q4 2025, closing a stake of 39,000 shares — an estimated $961K sold.

U.S. Global Investors (USGI) first reported a position in NCLH in Q4 2022 and held it in 8 quarters. The position peaked at $1.11M in Q2 2024. 646 funds tracked by Wall St. Rank hold NCLH as of Q4 2025.

U.S. Global Investors (USGI) reported no remaining Norwegian Cruise Line position as of Q4 2025 after selling out during the quarter.
U.S. Global Investors (USGI) sold 39,000 Norwegian Cruise Line shares in Q4 2025, an estimated $961K.
U.S. Global Investors (USGI) first reported a position in Norwegian Cruise Line in Q4 2022 and held it in 8 quarters.
U.S. Global Investors (USGI)'s Norwegian Cruise Line position peaked at $1.11M in Q2 2024.
646 funds tracked by Wall St. Rank held Norwegian Cruise Line as of Q4 2025.

Based on U.S. Global Investors (USGI)'s 13F filing for Q4 2025, filed 28 Jan 2026.