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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
HPC
426
HM Payson & Co
Maine
$4K +$3.72K +67 New
MIM
427
Macroview Investment Management
Maryland
$4K +$4.22K +76 New
CIAS
428
Capital Investment Advisory Services
North Carolina
$3K
FRA
429
Front Row Advisors
California
$3K
QCG
430
Quadrant Capital Group
Ohio
$3K
AF
431
Advisornet Financial
Minnesota
$3K +$3.11K +56 New
GAM
432
Gemmer Asset Management
California
$3K +$3.61K +65 New
MUAMU
433
Mitsubishi UFJ Asset Management (UK)
United Kingdom
$2.71K +$1.11M +20,000 +65%
CI
434
CX Institutional
Indiana
$2K -$1.06K -19 -38%
BBHC
435
Brown Brothers Harriman & Co
New York
$2K -$111 -2 -5%
SFSIG
436
San Francisco Sentry Investment Group
California
$2K
EWA
437
Evolution Wealth Advisors
Florida
$2K +$2.11K +38 New
CAM
438
ClariVest Asset Management
California
$1K
GWS
439
Glassman Wealth Services
Virginia
$1K
ZB
440
Zions Bancorporation
Utah
$1K
FPFS
441
First Personal Financial Services
North Carolina
$1K +$723 +13 New
W
442
WealthStone
Ohio
$697 +$723 +13 New
EC
443
Eminence Capital
New York
-$121M -2,195,578 Closed
WCM
444
Wedge Capital Management
North Carolina
-$36.4M -662,898 Closed
AIM
445
Assured Investment Management
New York
-$20.4M -371,441 Closed
MCM
446
Marcato Capital Management
California
-$15.5M -282,000 Closed
MCM
447
Moore Capital Management
New York
-$15.1M -275,000 Closed
HAM
448
Honeycomb Asset Management
New York
-$8.24M -150,000 Closed
IECM
449
Intrinsic Edge Capital Management
Illinois
-$5.96M -108,510 Closed
SC
450
Shellback Capital
Massachusetts
-$5.56M -101,167 Closed

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.