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Norwegian Cruise Line

505 hedge funds and large institutions have $4.4B invested in Norwegian Cruise Line in 2020 Q4 according to their latest regulatory filings, with 165 funds opening new positions, 181 increasing their positions, 102 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

224% more first-time investments, than exits

New positions opened: 165 | Existing positions closed: 51

133% more funds holding in top 10

Funds holding in top 10: 37 (+4)

78% more capital invested

Capital invested by funds: $2.48B → $4.4B (+$1.92B)

77% more repeat investments, than reductions

Existing positions increased: 181 | Existing positions reduced: 102

27% more funds holding

Funds holding: 398505 (+107)

2.02% more ownership

Funds ownership: 52.94%54.96% (+2%)

2% less call options, than puts

Call options by funds: $514M | Put options by funds: $522M

Holders
505
Holders Change
+107
Holders Change %
+26.88%
% of All Funds
8.94%
Holding in Top 10
7
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+133.33%
% of All Funds
0.12%
New
165
Increased
181
Reduced
102
Closed
51
Calls
$514M
Puts
$522M
Net Calls
-$8.37M
Net Calls Change
+$2.29M
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
51
California State Teachers Retirement System (CalSTRS)
California
$14M +$1.38M +66,276 +14%
T. Rowe Price Associates
52
T. Rowe Price Associates
Maryland
$13.7M +$1.03M +49,254 +10%
UBS AM
53
UBS AM
Illinois
$13.6M +$2.41M +115,530 +27%
Capital Fund Management (CFM)
54
Capital Fund Management (CFM)
France
$13M +$6.47M +310,229 +153%
Creative Planning
55
Creative Planning
Kansas
$11.9M +$5.26M +251,924 +116%
Parallax Volatility Advisers
56
Parallax Volatility Advisers
California
$10.9M -$1.5M -71,962 -14%
MSU
57
Mizuho Securities USA
New York
$10.8M +$1.41M +67,708 +19%
Royal Bank of Canada
58
Royal Bank of Canada
Ontario, Canada
$10.8M +$5.73M +274,440 +182%
Alyeska Investment Group
59
Alyeska Investment Group
Illinois
$10.7M -$21.9M -1,049,380 -71%
AllianceBernstein
60
AllianceBernstein
Tennessee
$10.7M -$879K -42,120 -9%
Legal & General Group
61
Legal & General Group
United Kingdom
$10.6M -$304K -14,587 -3%
Principal Financial Group
62
Principal Financial Group
Iowa
$10.5M +$259K +12,437 +3%
Ameriprise
63
Ameriprise
Minnesota
$10M +$4.44M +212,831 +116%
Barclays
64
Barclays
United Kingdom
$9.92M -$4.14M -198,268 -34%
RJA
65
Raymond James & Associates
Florida
$9.79M +$4.04M +193,469 +101%
Lazard Asset Management
66
Lazard Asset Management
New York
$9.74M +$7.96M +381,402 +24,109%
Stifel Financial
67
Stifel Financial
Missouri
$9.62M -$468K -22,410 -6%
BU
68
Builders Union
United Kingdom
$9.57M +$7.85M +376,300 New
New York State Common Retirement Fund
69
New York State Common Retirement Fund
New York
$9.45M +$668K +32,000 +9%
UBS Group
70
UBS Group
Switzerland
$9.22M +$5.53M +265,092 +272%
Squarepoint
71
Squarepoint
New York
$8.97M +$5.32M +254,805 +260%
State Board of Administration of Florida Retirement System
72
State Board of Administration of Florida Retirement System
Florida
$8.94M +$309K +14,800 +4%
New York State Teachers Retirement System (NYSTRS)
73
New York State Teachers Retirement System (NYSTRS)
New York
$8.78M +$621K +29,781 +9%
Adage Capital Partners
74
Adage Capital Partners
Massachusetts
$8.78M +$1.49M +71,500 +26%
Manulife (Manufacturers Life Insurance)
75
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.29M +$842K +40,366 +14%

NCLH Hedge Fund Activity: Q4 2020 in Review

505 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q4 2020, worth a combined $4.4B — up 78% from $2.48B a quarter earlier.

Buyers outnumbered sellers: 165 funds opened new NCLH positions and 51 closed out — a net gain of 114 holders — while 181 added to existing stakes and 102 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $212M. The largest seller was Fidelity International, cutting an estimated $145M.

  • 505 institutional investors held Norwegian Cruise Line (NCLH) as of Q4 2020, up from 398 in Q3 2020.
  • Funds reported $4.4B of Norwegian Cruise Line stock for Q4 2020, up 78% quarter-over-quarter.
  • 165 funds opened new Norwegian Cruise Line positions in Q4 2020 and 51 closed out, a net change of +114 holders.
  • The largest Norwegian Cruise Line buyer in Q4 2020 was Fidelity Investments, an estimated $212M added.
  • The largest Norwegian Cruise Line seller in Q4 2020 was Fidelity International, an estimated $145M sold.

Based on aggregated 13F filings for Q4 2020.