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Norwegian Cruise Line

143 hedge funds and large institutions have $4.83B invested in Norwegian Cruise Line in 2014 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 64 increasing their positions, 35 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 35

21% more call options, than puts

Call options by funds: $19.6M | Put options by funds: $16.2M

1% less capital invested

Capital invested by funds: $4.88B → $4.83B (-$50.7M)

4% less funds holding

Funds holding: 149143 (-6)

16% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 37

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
143
Holders Change
-6
Holders Change %
-4.03%
% of All Funds
4.11%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.09%
New
31
Increased
64
Reduced
35
Closed
37
Calls
$19.6M
Puts
$16.2M
Net Calls
+$3.4M
Net Calls Change
+$4.02M
Name Holding Trade Value Shares
Change
Change in
Stake
Norges Bank
26
Norges Bank
Norway
$33.1M +$18.4M +570,380 +121%
Franklin Resources
27
Franklin Resources
California
$33M +$21.2M +655,080 +169%
Massachusetts Financial Services
28
Massachusetts Financial Services
Massachusetts
$30.6M -$2.11M -65,442 -6%
Invesco
29
Invesco
Georgia
$30.6M -$1.47M -45,490 -4%
OM
30
Ospraie Management
New York
$29.9M +$30.5M +942,572 New
State Street
31
State Street
Massachusetts
$29M +$15.8M +487,672 +114%
BFA
32
BlackRock Fund Advisors
California
$20.8M +$14.3M +441,686 +205%
CIP
33
Chartwell Investment Partners
Pennsylvania
$20.7M +$1.42M +43,965 +7%
RFC
34
Russell Frank Company
Washington
$20.4M +$13.4M +413,247 +180%
MAA
35
Managed Account Advisors
New Jersey
$17.2M -$110K -3,401 -0.6%
Primecap Management
36
Primecap Management
California
$16.5M +$2.6M +80,500 +18%
Manulife (Manufacturers Life Insurance)
37
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$16.4M +$3.49M +108,090 +26%
Geode Capital Management
38
Geode Capital Management
Massachusetts
$15.6M +$842K +26,060 +6%
Citadel Advisors
39
Citadel Advisors
Florida
$14.8M -$78.9M -2,442,177 -84%
CC
40
Carlson Capital
Texas
$12.8M -$11M -341,677 -46%
Millennium Management
41
Millennium Management
New York
$12.7M +$8.31M +257,066 +180%
PCM
42
Penn Capital Management
Pennsylvania
$12.3M -$364K -11,270 -3%
Wells Fargo
43
Wells Fargo
California
$11.3M -$1.42M -43,822 -11%
PAMP
44
Polar Asset Management Partners
Ontario, Canada
$10.1M -$2.42M -75,000 -19%
AAMU
45
Amundi Asset Management US
Massachusetts
$10.1M -$494K -15,291 -5%
Northern Trust
46
Northern Trust
Illinois
$10.1M +$187K +5,780 +2%
KBC Group
47
KBC Group
Belgium
$9.04M +$2.05M +63,600 +29%
Bank of New York Mellon
48
Bank of New York Mellon
New York
$8.29M +$1.96M +60,587 +30%
Renaissance Technologies
49
Renaissance Technologies
New York
$7.79M +$7.94M +245,600 New
CANY
50
Caxton Associates (New York)
New York
$7.66M +$7.8M +241,561 New

NCLH Hedge Fund Activity: Q2 2014 in Review

143 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q2 2014, worth a combined $4.83B — down 1% from $4.88B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of NCLH and 31 opened new positions — a net loss of 6 holders — while 35 trimmed existing stakes and 64 added.

The largest buyer was Lazard Asset Management, opening a new position worth an estimated $171M. The largest seller was Citadel Advisors, cutting an estimated $78.9M.

  • 143 institutional investors held Norwegian Cruise Line (NCLH) as of Q2 2014, down from 149 in Q1 2014.
  • Funds reported $4.83B of Norwegian Cruise Line stock for Q2 2014, down 1% quarter-over-quarter.
  • 31 funds opened new Norwegian Cruise Line positions in Q2 2014 and 37 closed out, a net change of -6 holders.
  • The largest Norwegian Cruise Line buyer in Q2 2014 was Lazard Asset Management, an estimated $171M added.
  • The largest Norwegian Cruise Line seller in Q2 2014 was Citadel Advisors, an estimated $78.9M sold.

Based on aggregated 13F filings for Q2 2014.