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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
O
351
Ossiam
France
$257K -$2.56M -46,024 -91%
KRSITF
352
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$241K +$9.17K +165 +4%
HI
353
Horizon Investments
North Carolina
$229K +$27K +485 +13%
AP
354
Advisor Partners
California
$222K +$4.61K +83 +2%
ZCM
355
Zebra Capital Management
Connecticut
$216K +$224K +4,036 New
VCA
356
Verdence Capital Advisors
Maryland
$212K +$220K +3,954 New
Janney Montgomery Scott
357
Janney Montgomery Scott
Pennsylvania
$211K -$27.3K -491 -11%
AIP
358
Ameritas Investment Partners
Nebraska
$208K
VFPI
359
Vantage Financial Partners (Illinois)
Illinois
$204K
FAAS
360
First Allied Advisory Services
California
$202K -$13.6K -244 -6%
APA
361
American Portfolios Advisors
New York
$198K -$3.72K -67 -2%
Macquarie Group
362
Macquarie Group
Australia
$193K
Nisa Investment Advisors
363
Nisa Investment Advisors
Missouri
$182K
K
364
Kemper
Illinois
$178K
FA
365
Fortis Advisors
Pennsylvania
$170K +$177K +3,176 New
FBT
366
First Bank & Trust
South Dakota
$154K +$5.17K +93 +3%
PW
367
Price Wealth
Texas
$141K +$146K +2,620 New
ASN
368
Advisory Services Network
Georgia
$137K +$125K +2,245 +722%
PFC
369
Phocas Financial Corp
California
$135K
PCM
370
Penserra Capital Management
California
$129K +$134K +2,415 New
NFG
371
Next Financial Group
Texas
$126K +$45.6K +820 +54%
Carson Wealth (CWM LLC)
372
Carson Wealth (CWM LLC)
Nebraska
$119K
ED
373
Exane Derivatives
France
$87.4K -$5.22K -94 -5%
KTC
374
Kistler-Tiffany Companies
Pennsylvania
$77K +$6.84K +123 +9%
US Bancorp
375
US Bancorp
Minnesota
$65K -$26.6K -479 -28%

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.