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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
JP Morgan Chase
26
JP Morgan Chase
New York
$75.4M -$21.1M -379,559 -21%
Legal & General Group
27
Legal & General Group
United Kingdom
$71.3M +$511K +9,194 +0.7%
Deutsche Bank
28
Deutsche Bank
Germany
$68.9M +$14.6M +263,055 +26%
Thrivent Financial for Lutherans
29
Thrivent Financial for Lutherans
Minnesota
$68.7M +$1.04M +18,738 +1%
Ameriprise
30
Ameriprise
Minnesota
$61.7M +$384K +6,907 +0.6%
BAMCO Inc
31
BAMCO Inc
New York
$60.1M -$2.34M -42,100 -4%
Two Sigma Advisers
32
Two Sigma Advisers
New York
$56.4M -$19.4M -349,300 -25%
Charles Schwab
33
Charles Schwab
California
$50.1M +$1.55M +27,964 +3%
JWBC
34
John W. Bristol & Co
New York
$49.6M +$95.3K +1,714 +0.2%
Goldman Sachs
35
Goldman Sachs
New York
$49.4M +$11.6M +208,862 +29%
GC
36
GMT Capital
Georgia
$48.3M +$6.85M +123,300 +16%
UBS AM
37
UBS AM
Illinois
$47.8M -$38.9M -699,101 -44%
Citadel Advisors
38
Citadel Advisors
Florida
$47.4M -$37.7M -677,595 -43%
BGIM
39
Brandywine Global Investment Management
Pennsylvania
$45.2M -$40.9M -735,560 -47%
IP
40
Interval Partners
New York
$44.4M +$23.9M +429,660 +108%
Bank of America
41
Bank of America
North Carolina
$44.1M -$1.45M -26,133 -3%
Point72 Asset Management
42
Point72 Asset Management
Connecticut
$40.2M -$8.26M -148,654 -17%
Swiss National Bank
43
Swiss National Bank
Switzerland
$38.1M -$1.31M -23,500 -3%
Arrowstreet Capital
44
Arrowstreet Capital
Massachusetts
$37.8M +$33.3M +599,618 +573%
Two Sigma Investments
45
Two Sigma Investments
New York
$37.7M -$21M -377,191 -35%
Man Group
46
Man Group
United Kingdom
$37.1M -$35.5M -639,453 -48%
Teacher Retirement System of Texas
47
Teacher Retirement System of Texas
Texas
$36.1M +$2.51M +45,104 +7%
PPA
48
Parametric Portfolio Associates
Washington
$34.5M -$2.69M -48,431 -7%
CI Investments Inc
49
CI Investments Inc
Ontario, Canada
$34.1M -$681K -12,255 -2%
BNP Paribas Financial Markets
50
BNP Paribas Financial Markets
France
$31.7M +$12.1M +217,479 +58%

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.