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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
Royal London Asset Management
451
Royal London Asset Management
United Kingdom
-$4.89M -88,987 Closed
LCM
452
Laurion Capital Management
New York
-$4.26M -77,565 Closed
QC
453
Quadrature Capital
United Kingdom
-$4.23M -77,001 Closed
BC
454
Blackcrane Capital
Washington
-$3.74M -68,038 Closed
ECM
455
Element Capital Management
New York
-$2.75M -49,964 Closed
NEI
456
Northwest & Ethical Investments
Ontario, Canada
-$2.44M -44,404 Closed
CCM
457
Concourse Capital Management
Georgia
-$1.65M -29,930 Closed
MC
458
Machina Capital
France
-$1.45M -26,344 Closed
NICM
459
Neo Ivy Capital Management
New York
-$1.44M -26,254 Closed
BAM
460
Blueshift Asset Management
New Jersey
-$1.06M -19,314 Closed
NIT
461
NumerixS Investment Technologies
British Columbia, Canada
-$1.02M -18,800 Closed
JIR
462
James Investment Research
Ohio
-$668K -12,160 Closed
CMBA
463
C.M. Bidwell & Associates
Hawaii
-$621K -11,305 Closed
OC
464
Oppenheimer & Co
New York
-$495K -9,000 Closed
IA
465
Icon Advisers
Colorado
-$451K -8,200 Closed
VF
466
Virtu Financial
New York
-$389K -7,071 Closed
DADC
467
D.A. Davidson & Co
Montana
-$383K -6,973 Closed
SSWM
468
Sheets Smith Wealth Management
North Carolina
-$344K -6,256 Closed
TRCT
469
Tower Research Capital (TRC)
New York
-$332K -6,036 Closed
Acadian Asset Management
470
Acadian Asset Management
Massachusetts
-$275K -5,007 Closed
JIP
471
Jaffetilchin Investment Partners
Florida
-$241K -4,394 Closed
MIFH
472
Migdal Insurance & Financial Holdings
Israel
-$89K -1,614 Closed
SIAP
473
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
-$55K -1,000 Closed
WTB
474
Washington Trust Bank
Washington
-$25K -448 Closed
WAM
475
Wealthspire Advisors (Maryland)
Maryland
-$21K -389 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.