Norwegian Cruise Line
NCLH
294 hedge funds and large institutions have $11.6B invested in Norwegian Cruise Line in 2015 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 120 increasing their positions, 87 reducing their positions, and 40 closing their positions.
58% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 40
40% more funds holding in top 10
Funds holding in top 10: 10 → 14 (+4)
38% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 87
31% more call options, than puts
Call options by funds: $23.3M | Put options by funds: $17.8M
8% more funds holding
Funds holding: 272 → 294 (+22)
6% more capital invested
Capital invested by funds: $11B → $11.6B (+$640M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$148M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$112M |
| 3 |
JP Morgan Chase
New York
|
+$102M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$65.3M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$58.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
-$304M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$60.7M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$57.3M |
| 4 |
HCM
Highline Capital Management
New York
|
-$54.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$42.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARC
326
Absolute Return Capital
Boston,
Massachusetts
| – | -$190K | -3,319 | Closed |
|
|
IRS
327
Invictus RG (Singapore)
Singapore
| – | -$48K | -829 | Closed |
|
|
SEC
328
Seven Eight Capital
New York
| – | -$44K | -775 | Closed |
|
329
Capital World Investors
Los Angeles,
California
| – | -$34K | -588 | Closed |
|
|
FMA
330
FNY Managed Accounts
New York
| – | -$15.9K | -277 | Closed |
|
|
BBHC
331
Brown Brothers Harriman & Co
New York
| – | -$3K | -54 | Closed |
|
|
CCS
332
Crosspoint Capital Strategies
Orinda,
California
| – | -$2K | -42 | Closed |
|
|
BCI
333
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | +$59 | +1 | New |
|
|
VCM
334
Versant Capital Management
Phoenix,
Arizona
| – | +$177 | +3 | New |
|
NCLH Hedge Fund Activity: Q4 2015 in Review
294 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q4 2015, worth a combined $11.6B — up 5.8% from $11B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new NCLH positions and 40 closed out — a net gain of 23 holders — while 120 added to existing stakes and 87 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $148M. The largest seller was Apollo Management Holdings, cutting an estimated $304M.
- 294 institutional investors held Norwegian Cruise Line (NCLH) as of Q4 2015, up from 272 in Q3 2015.
- Funds reported $11.6B of Norwegian Cruise Line stock for Q4 2015, up 5.8% quarter-over-quarter.
- 63 funds opened new Norwegian Cruise Line positions in Q4 2015 and 40 closed out, a net change of +23 holders.
- The largest Norwegian Cruise Line buyer in Q4 2015 was Janus Henderson Investors US, an estimated $148M added.
- The largest Norwegian Cruise Line seller in Q4 2015 was Apollo Management Holdings, an estimated $304M sold.
Based on aggregated 13F filings for Q4 2015.