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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
AG
326
Advisor Group
Arizona
$371K +$79.5K +1,430 +26%
LPL Financial
327
LPL Financial
California
$361K +$45.1K +812 +14%
Cambridge Investment Research Advisors
328
Cambridge Investment Research Advisors
Iowa
$359K +$106K +1,904 +40%
FHB
329
First Hawaiian Bank
Hawaii
$356K +$132K +2,376 +56%
CIBC Private Wealth Group
330
CIBC Private Wealth Group
Georgia
$352K +$36.6K +659 +11%
ACA
331
Atlas Capital Advisors
Wyoming
$331K +$306K +5,506 +823%
PI
332
PineBridge Investments
New York
$330K +$58.7K +1,056 +21%
C
333
Cerebellum
California
$325K +$5.89K +106 +2%
GCC
334
Guardian Capital (Canada)
Ontario, Canada
$309K -$117K -2,107 -27%
JMPWA
335
JP Morgan Private Wealth Advisors
California
$307K -$13.3K -240 -4%
Federated Hermes
336
Federated Hermes
Pennsylvania
$298K -$722K -12,984 -70%
TCM
337
Teza Capital Management
Illinois
$297K -$476K -8,559 -61%
QSS
338
Quantitative Systematic Strategies
Florida
$295K +$306K +5,505 New
CCB
339
Cutter & Co Brokerage
Missouri
$294K +$9.73K +175 +3%
CI
340
Cigna Investments
Connecticut
$292K -$16.7K -300 -5%
Group One Trading
341
Group One Trading
Illinois
$292K +$303K +5,447 New
DAM
342
Deltec Asset Management
New York
$290K
ECM
343
ETrade Capital Management
Virginia
$287K +$298K +5,357 New
RIL
344
Rothschild Investment LLC
Illinois
$275K +$285K +5,120 New
BNP Paribas Asset Management
345
BNP Paribas Asset Management
France
$273K +$36.1K +649 +15%
ICOM
346
Investment Counselors of Maryland
Maryland
$272K
Jane Street
347
Jane Street
New York
$266K -$5.95M -107,042 -96%
BIAS
348
Beacon Investment Advisory Services
New Jersey
$266K +$275K +4,956 New
Bessemer Group
349
Bessemer Group
New Jersey
$263K
CTC
350
Central Trust Company
Missouri
$262K -$457K -8,215 -61%

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.