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Norwegian Cruise Line

445 hedge funds and large institutions have $11B invested in Norwegian Cruise Line in 2019 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 165 increasing their positions, 161 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more call options, than puts

Call options by funds: $61.5M | Put options by funds: $39.5M

28% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 50

1% more funds holding

Funds holding: 440445 (+5)

1.12% more ownership

Funds ownership: 94.57%95.69% (+1.1%)

2% more repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 161

3% less capital invested

Capital invested by funds: $11.3B → $11B (-$285M)

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

Holders
445
Holders Change
+5
Holders Change %
+1.14%
% of All Funds
9.67%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.15%
New
64
Increased
165
Reduced
161
Closed
50
Calls
$61.5M
Puts
$39.5M
Net Calls
+$22M
Net Calls Change
-$2.71M
Name Holding Trade Value Shares
Change
Change in
Stake
II
276
IFM Investors
Australia
$799K +$17.5K +315 +2%
EA
277
Emerald Advisers
Pennsylvania
$778K -$629K -11,324 -44%
SAM
278
Shell Asset Management
Netherlands
$758K
WAM
279
World Asset Management
Michigan
$747K +$42.1K +757 +6%
KM
280
Kalos Management
Georgia
$739K +$304K +5,468 +46%
RJFSA
281
Raymond James Financial Services Advisors
Florida
$710K -$972K -17,490 -57%
LTFS
282
Ladenburg Thalmann Financial Services
Florida
$707K +$148K +2,669 +25%
AIM
283
Alambic Investment Management
California
$696K -$7.78K -140 -1%
GT
284
Glenview Trust
Kentucky
$693K -$2.91M -52,411 -80%
BFM
285
Boothbay Fund Management
New York
$685K +$710K +12,775 New
Mercer Global Advisors
286
Mercer Global Advisors
Colorado
$683K +$93.5K +1,682 +15%
COPPSERS
287
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$678K -$4.39K -79 -0.6%
FDS
288
First Dallas Securities
Texas
$675K +$302K +5,430 +76%
CT
289
Cambridge Trust
Massachusetts
$672K +$85.5K +1,539 +14%
RIM
290
Redwood Investment Management
Arizona
$652K +$687K +12,354 New
SIM
291
Sentry Investment Management
Wisconsin
$649K
TAF
292
Tredje AP-fonden
Sweden
$625K +$263K +4,731 +68%
M&T Bank
293
M&T Bank
New York
$614K -$47.6K -857 -7%
AG
294
Algert Global
California
$612K -$143K -2,575 -18%
WIC
295
Whitegate Investment Counselors
New Hampshire
$612K +$26.4K +475 +4%
SMDAM
296
Sumitomo Mitsui DS Asset Management
Japan
$610K -$183K -3,284 -22%
UCFA
297
United Capital Financial Advisors
Texas
$601K -$28.1K -505 -4%
HAM
298
Highstreet Asset Management
Ontario, Canada
$599K -$32.8K -590 -5%
GC
299
Globeflex Capital
California
$580K +$601K +10,820 New
Nordea Investment Management
300
Nordea Investment Management
Sweden
$561K -$26.3K -473 -4%

NCLH Hedge Fund Activity: Q2 2019 in Review

445 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q2 2019, worth a combined $11B — down 2.5% from $11.3B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new NCLH positions and 50 closed out — a net gain of 14 holders — while 165 added to existing stakes and 161 trimmed.

The largest buyer was Capital World Investors, adding an estimated $226M. The largest seller was Eminence Capital, exiting entirely with an estimated $121M sold.

  • 445 institutional investors held Norwegian Cruise Line (NCLH) as of Q2 2019, up from 440 in Q1 2019.
  • Funds reported $11B of Norwegian Cruise Line stock for Q2 2019, down 2.5% quarter-over-quarter.
  • 64 funds opened new Norwegian Cruise Line positions in Q2 2019 and 50 closed out, a net change of +14 holders.
  • The largest Norwegian Cruise Line buyer in Q2 2019 was Capital World Investors, an estimated $226M added.
  • The largest Norwegian Cruise Line seller in Q2 2019 was Eminence Capital, an estimated $121M sold.

Based on aggregated 13F filings for Q2 2019.