Norwegian Cruise Line
NCLH
312 hedge funds and large institutions have $8.06B invested in Norwegian Cruise Line in 2016 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 113 increasing their positions, 106 reducing their positions, and 51 closing their positions.
233% more call options, than puts
Call options by funds: $18.1M | Put options by funds: $5.43M
14% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 51
7% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 106
1% more funds holding
Funds holding: 309 → 312 (+3)
27% less capital invested
Capital invested by funds: $11B → $8.06B (-$2.92B)
60% less funds holding in top 10
Funds holding in top 10: 10 → 4 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$150M |
| 2 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$64.1M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$60.3M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$46.5M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$117M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$74.8M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$53M |
| 4 |
RCM
Roystone Capital Management
New York
|
-$51.8M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$49.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
351
Petrus Trust Company
Dallas,
Texas
| – | -$234K | -4,224 | Closed |
|
|
AIP
352
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$213K | -3,861 | Closed |
|
353
Prudential Financial
Newark,
New Jersey
| – | -$207K | -3,740 | Closed |
|
|
CFG
354
Citizens Financial Group
Providence,
Rhode Island
| – | -$72K | -1,308 | Closed |
|
|
AIM
355
Acrospire Investment Management
Chicago,
Illinois
| – | -$28K | -500 | Closed |
|
|
BAM
356
Barrett Asset Management
New York
| – | -$24K | -435 | Closed |
|
|
IR
357
Invictus RG
Hamilton,
Bermuda
| – | -$17K | -300 | Closed |
|
|
SIM
358
Sonora Investment Management
Tucson,
Arizona
| – | -$4.93K | -100 | Closed |
|
|
TWA
359
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -45 | Closed |
|
|
UFA
360
US Financial Advisors
Braintree,
Massachusetts
| – | -$1K | -16 | Closed |
|
|
WA
361
Winfield Associates
Cleveland,
Ohio
| – | -$1K | -10 | Closed |
|
|
ZB
362
Zions Bancorporation
Salt Lake City,
Utah
| – | +$95 | +2 | New |
|
|
QCG
363
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$477 | +10 | +100% |
|
NCLH Hedge Fund Activity: Q2 2016 in Review
312 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q2 2016, worth a combined $8.06B — down 27% from $11B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new NCLH positions and 51 closed out — a net gain of 7 holders — while 113 added to existing stakes and 106 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $150M. The largest seller was Lazard Asset Management, cutting an estimated $117M.
- 312 institutional investors held Norwegian Cruise Line (NCLH) as of Q2 2016, up from 309 in Q1 2016.
- Funds reported $8.06B of Norwegian Cruise Line stock for Q2 2016, down 27% quarter-over-quarter.
- 58 funds opened new Norwegian Cruise Line positions in Q2 2016 and 51 closed out, a net change of +7 holders.
- The largest Norwegian Cruise Line buyer in Q2 2016 was T. Rowe Price Associates, an estimated $150M added.
- The largest Norwegian Cruise Line seller in Q2 2016 was Lazard Asset Management, an estimated $117M sold.
Based on aggregated 13F filings for Q2 2016.