Norwegian Cruise Line
NCLH
407 hedge funds and large institutions have $11B invested in Norwegian Cruise Line in 2017 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 136 increasing their positions, 128 reducing their positions, and 48 closing their positions.
121% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 48
31% more call options, than puts
Call options by funds: $42.9M | Put options by funds: $32.8M
16% more funds holding
Funds holding: 352 → 407 (+55)
6% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 128
0.81% more ownership
Funds ownership: 89.62% → 90.44% (+0.81%)
0% less capital invested
Capital invested by funds: $11.1B → $11B (-$51.7M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$201M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$179M |
| 3 |
BlackRock
New York
|
+$161M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$114M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
-$277M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$126M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$97M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$65.9M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$53.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
451
Alexandria Capital
Arlington,
Virginia
| – | -$4K | -76 | Closed |
|
|
BWM
452
Baystate Wealth Management
Boston,
Massachusetts
| – | -$4K | -76 | Closed |
|
453
Acadian Asset Management
Boston,
Massachusetts
| – | -$3K | -60 | Closed |
|
|
WT
454
Whittier Trust
South Pasadena,
California
| – | -$3K | -52 | Closed |
|
|
WA
455
Winfield Associates
Cleveland,
Ohio
| – | -$2K | -30 | Closed |
|
NCLH Hedge Fund Activity: Q4 2017 in Review
407 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q4 2017, worth a combined $11B — down 0.47% from $11.1B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new NCLH positions and 48 closed out — a net gain of 58 holders — while 136 added to existing stakes and 128 trimmed.
The largest buyer was State Street, adding an estimated $201M. The largest seller was Apollo Management Holdings, cutting an estimated $277M.
- 407 institutional investors held Norwegian Cruise Line (NCLH) as of Q4 2017, up from 352 in Q3 2017.
- Funds reported $11B of Norwegian Cruise Line stock for Q4 2017, down 0.47% quarter-over-quarter.
- 106 funds opened new Norwegian Cruise Line positions in Q4 2017 and 48 closed out, a net change of +58 holders.
- The largest Norwegian Cruise Line buyer in Q4 2017 was State Street, an estimated $201M added.
- The largest Norwegian Cruise Line seller in Q4 2017 was Apollo Management Holdings, an estimated $277M sold.
Based on aggregated 13F filings for Q4 2017.