Norwegian Cruise Line
NCLH
454 hedge funds and large institutions have $12B invested in Norwegian Cruise Line in 2019 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 155 increasing their positions, 164 reducing their positions, and 34 closing their positions.
109% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 34
13% more capital invested
Capital invested by funds: $10.6B → $12B (+$1.33B)
6% more funds holding
Funds holding: 427 → 454 (+27)
1% more ownership
Funds ownership: 95.34% → 96.34% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
5% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 164
27% less call options, than puts
Call options by funds: $35.4M | Put options by funds: $48.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$95.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$93.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$34.4M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$33.4M |
| 5 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$91.3M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$66.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$60.8M |
| 4 |
HVCM
HG Vora Capital Management
New York
|
-$58.1M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$35.3M |
NCLH Hedge Fund Activity: Q4 2019 in Review
454 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q4 2019, worth a combined $12B — up 13% from $10.6B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new NCLH positions and 34 closed out — a net gain of 37 holders — while 155 added to existing stakes and 164 trimmed.
The largest buyer was Truist Financial, adding an estimated $95.7M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $91.3M.
- 454 institutional investors held Norwegian Cruise Line (NCLH) as of Q4 2019, up from 427 in Q3 2019.
- Funds reported $12B of Norwegian Cruise Line stock for Q4 2019, up 13% quarter-over-quarter.
- 71 funds opened new Norwegian Cruise Line positions in Q4 2019 and 34 closed out, a net change of +37 holders.
- The largest Norwegian Cruise Line buyer in Q4 2019 was Truist Financial, an estimated $95.7M added.
- The largest Norwegian Cruise Line seller in Q4 2019 was Barrow, Hanley, Mewhinney & Strauss, an estimated $91.3M sold.
Based on aggregated 13F filings for Q4 2019.