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Norwegian Cruise Line

530 hedge funds and large institutions have $5.7B invested in Norwegian Cruise Line in 2023 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 150 increasing their positions, 173 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more capital invested

Capital invested by funds: $3.4B → $5.7B (+$2.31B)

52% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 56

5% more funds holding

Funds holding: 503530 (+27)

2.48% more ownership

Funds ownership: 59.37%61.84% (+2.5%)

13% less repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 173

48% less call options, than puts

Call options by funds: $476M | Put options by funds: $919M

Holders
530
Holders Change
+27
Holders Change %
+5.37%
% of All Funds
8.32%
Holding in Top 10
10
Holding in Top 10 Change
+10
Holding in Top 10 Change %
% of All Funds
0.16%
New
85
Increased
150
Reduced
173
Closed
56
Calls
$476M
Puts
$919M
Net Calls
-$442M
Net Calls Change
-$203M
Name Holding Trade Value Shares
Change
Change in
Stake
Pacer Advisors
51
Pacer Advisors
Pennsylvania
$14M -$2.46M -160,922 -20%
TI
52
Trexquant Investment
Connecticut
$13.5M +$8.54M +558,099 +886%
CS
53
Credit Suisse
Switzerland
$13.5M +$678K +44,290 +8%
Deutsche Bank
54
Deutsche Bank
Germany
$13.3M -$620K -40,500 -6%
T. Rowe Price Associates
55
T. Rowe Price Associates
Maryland
$12.5M +$108K +7,059 +1%
California State Teachers Retirement System (CalSTRS)
56
California State Teachers Retirement System (CalSTRS)
California
$11.2M -$181K -11,834 -2%
AllianceBernstein
57
AllianceBernstein
Tennessee
$11.1M +$78.8K +5,148 +1%
Principal Financial Group
58
Principal Financial Group
Iowa
$10.7M -$382K -24,936 -5%
Calamos Advisors
59
Calamos Advisors
Illinois
$9.73M
Amundi
60
Amundi
France
$9.42M +$2.53M +165,092 +62%
State Board of Administration of Florida Retirement System
61
State Board of Administration of Florida Retirement System
Florida
$9.35M -$172K -11,266 -3%
UBS AM
62
UBS AM
Illinois
$9.34M
Adage Capital Partners
63
Adage Capital Partners
Massachusetts
$9.2M +$4.12M +269,200 +175%
Voloridge Investment Management
64
Voloridge Investment Management
Florida
$9.15M +$6.44M +420,473 New
Simplex Trading
65
Simplex Trading
Illinois
$9.13M +$6.42M +419,469 New
Wolverine Trading
66
Wolverine Trading
Illinois
$8.95M +$1.36M +89,134 +26%
New York State Teachers Retirement System (NYSTRS)
67
New York State Teachers Retirement System (NYSTRS)
New York
$8.49M -$80.2K -5,241 -1%
Stifel Financial
68
Stifel Financial
Missouri
$8.18M -$427K -27,919 -7%
New York State Common Retirement Fund
69
New York State Common Retirement Fund
New York
$7.82M -$203K -13,249 -4%
LPL Financial
70
LPL Financial
California
$7.77M -$400K -26,117 -7%
AM
71
AGF Management
Ontario, Canada
$7.63M +$5.36M +350,317 New
DCM
72
Driehaus Capital Management
Illinois
$7.57M +$5.33M +347,862 New
State of Wisconsin Investment Board
73
State of Wisconsin Investment Board
Wisconsin
$7.37M -$2.34M -152,969 -31%
TSS
74
Two Sigma Securities
New York
$7.29M +$5.13M +335,083 New
BAM
75
Bullseye Asset Management
Colorado
$7.26M

NCLH Hedge Fund Activity: Q2 2023 in Review

530 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q2 2023, worth a combined $5.7B — up 68% from $3.4B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new NCLH positions and 56 closed out — a net gain of 29 holders — while 150 added to existing stakes and 173 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $113M. The largest seller was Miller Value Partners, exiting entirely with an estimated $47.7M sold.

  • 530 institutional investors held Norwegian Cruise Line (NCLH) as of Q2 2023, up from 503 in Q1 2023.
  • Funds reported $5.7B of Norwegian Cruise Line stock for Q2 2023, up 68% quarter-over-quarter.
  • 85 funds opened new Norwegian Cruise Line positions in Q2 2023 and 56 closed out, a net change of +29 holders.
  • The largest Norwegian Cruise Line buyer in Q2 2023 was Two Sigma Investments, an estimated $113M added.
  • The largest Norwegian Cruise Line seller in Q2 2023 was Miller Value Partners, an estimated $47.7M sold.

Based on aggregated 13F filings for Q2 2023.