We are live on ! Find out more
NCLH icon

Norwegian Cruise Line
NCLH

427 hedge funds and large institutions have $10.6B invested in Norwegian Cruise Line in 2019 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 148 increasing their positions, 178 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more call options, than puts

Call options by funds: $33.2M | Put options by funds: $31.2M

0.35% less ownership

Funds ownership: 95.69% → 95.34% (-0.35%)

3% less capital invested

Capital invested by funds: $11B → $10.6B (-$378M)

4% less funds holding

Funds holding: 445 → 427 (-18)

14% less funds holding in top 10

Funds holding in top 10: 7 → 6 (-1)

17% less repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 178

28% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 61

Holders
427
Holders Change
-18
Holders Change %
-4.04%
% of All Funds
9.36%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.13%
New
44
Increased
148
Reduced
178
Closed
61
Calls
$33.2M
Puts
$31.2M
Net Calls
+$2.01M
Net Calls Change
-$20M

Top Buyers

1
AQR Capital Management
AQR Capital Management
Connecticut
+$131M
2
Janus Henderson Group
Janus Henderson Group
United Kingdom
+$118M
3
Renaissance Technologies
Renaissance Technologies
New York
+$92M
4
Morgan Stanley
Morgan Stanley
New York
+$50M
5
Invesco
Invesco
Georgia
+$41.5M

Top Sellers

1
USAA
United Services Automobile Association
Texas
-$99M
2
HVCM
HG Vora Capital Management
New York
-$68.5M
3
VOYA Investment Management
VOYA Investment Management
Georgia
-$67.2M
4
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$55.4M
5
Ameriprise
Ameriprise
Minnesota
-$53M
Name Holding Trade Value Shares
Change 		Change in
Stake
Fidelity International
26
Fidelity International
Bermuda
$66.7M -$6.7M -132,015 -9%
Two Sigma Investments
27
Two Sigma Investments
New York
$64.1M +$27.1M +534,866 +76%
BAMCO Inc
28
BAMCO Inc
New York
$63.3M +$5.13M +101,049 +9%
Arrowstreet Capital
29
Arrowstreet Capital
Massachusetts
$60.8M +$23.9M +470,530 +67%
Marshall Wace
30
Marshall Wace
United Kingdom
$59.8M +$40.4M +797,150 +223%
N
31
Nuveen
North Carolina
$54.4M -$47.9M -944,380 -47%
GC
32
GMT Capital
Georgia
$52.1M +$5.3M +104,500 +12%
BGIM
33
Brandywine Global Investment Management
Pennsylvania
$49.8M +$6.09M +120,066 +14%
Charles Schwab
34
Charles Schwab
California
$49.8M +$1.37M +26,966 +3%
JWBC
35
John W. Bristol & Co
New York
$47.8M -$111K -2,184 -0.2%
JP Morgan Chase
36
JP Morgan Chase
New York
$45.8M -$28.9M -569,657 -39%
UBS AM
37
UBS AM
Illinois
$39.9M -$6.06M -119,403 -13%
SI
38
Scout Investments
Missouri
$39.9M +$39.1M +770,952 New
Swiss National Bank
39
Swiss National Bank
Switzerland
$36.8M +$37.3K +735 +0.1%
MC
40
MIG Capital
California
$36.5M +$13.2M +259,802 +58%
PPA
41
Parametric Portfolio Associates
Washington
$35.8M +$2.38M +46,889 +7%
Bank of America
42
Bank of America
North Carolina
$33.7M -$8.62M -170,044 -21%
Deutsche Bank
43
Deutsche Bank
Germany
$33.6M -$32.3M -637,057 -50%
TCG
44
Tremblant Capital Group
Florida
$32M +$2.97M +58,602 +10%
Teacher Retirement System of Texas
45
Teacher Retirement System of Texas
Texas
$31.3M -$3.44M -67,724 -10%
Two Sigma Advisers
46
Two Sigma Advisers
New York
$30.9M -$23.1M -456,000 -43%
CWM
47
CIBC World Markets
New York
$28.3M +$18.1M +357,541 +189%
CTA
48
Carillon Tower Advisers
Florida
$27.5M +$26.9M +530,750 New
TD Asset Management
49
TD Asset Management
Ontario, Canada
$26.9M -$837K -16,500 -3%
PAM
50
Panagora Asset Management
Massachusetts
$23.6M +$22.8M +449,186 +6,263%
1
2
3 4 5

NCLH Hedge Fund Activity: Q3 2019 in Review

427 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q3 2019, worth a combined $10.6B — down 3.4% from $11B a quarter earlier.

Sellers outnumbered buyers: 61 funds closed out of NCLH and 44 opened new positions — a net loss of 17 holders — while 178 trimmed existing stakes and 148 added.

The largest buyer was AQR Capital Management, adding an estimated $131M. The largest seller was United Services Automobile Association, cutting an estimated $99M.

  • 427 institutional investors held Norwegian Cruise Line (NCLH) as of Q3 2019, down from 445 in Q2 2019.
  • Funds reported $10.6B of Norwegian Cruise Line stock for Q3 2019, down 3.4% quarter-over-quarter.
  • 44 funds opened new Norwegian Cruise Line positions in Q3 2019 and 61 closed out, a net change of -17 holders.
  • The largest Norwegian Cruise Line buyer in Q3 2019 was AQR Capital Management, an estimated $131M added.
  • The largest Norwegian Cruise Line seller in Q3 2019 was United Services Automobile Association, an estimated $99M sold.

Based on aggregated 13F filings for Q3 2019.