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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
Citigroup
76
Citigroup
New York
$16.1M +$9.56M +172,050 +134%
Victory Capital Management
77
Victory Capital Management
Texas
$15M +$12.5M +224,569 +404%
New York State Teachers Retirement System (NYSTRS)
78
New York State Teachers Retirement System (NYSTRS)
New York
$14.8M +$998K +17,960 +7%
Adage Capital Partners
79
Adage Capital Partners
Massachusetts
$14.3M -$161K -2,900 -1%
State Board of Administration of Florida Retirement System
80
State Board of Administration of Florida Retirement System
Florida
$14.2M -$251K -4,510 -2%
MWNA
81
Marshall Wace North America
New York
$13.7M +$8.25M +148,524 +139%
HSBC Holdings
82
HSBC Holdings
United Kingdom
$13.5M +$2.33M +41,914 +20%
Balyasny Asset Management
83
Balyasny Asset Management
Illinois
$13.3M +$8.08M +145,343 +142%
HA
84
Halsey Associates
Connecticut
$12.8M +$3.52M +63,303 +36%
ABC
85
Anchor Bolt Capital
Illinois
$12.7M +$13.1M +236,341 New
CS
86
Credit Suisse
Switzerland
$12.1M -$24K -432 -0.2%
N
87
Natixis
France
$11.9M +$11.8M +211,706 +2,034%
Robeco Institutional Asset Management
88
Robeco Institutional Asset Management
Netherlands
$11.4M +$2.58M +46,450 +28%
Lazard Asset Management
89
Lazard Asset Management
New York
$11.2M -$2.44M -43,931 -17%
Manulife (Manufacturers Life Insurance)
90
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10.6M -$2.23M -40,080 -17%
CAM
91
Cresset Asset Management
Illinois
$10.6M +$2.68M +48,190 +32%
Mitsubishi UFJ Trust & Banking
92
Mitsubishi UFJ Trust & Banking
Japan
$10.5M -$435K -7,819 -4%
State of Tennessee, Department of Treasury
93
State of Tennessee, Department of Treasury
Tennessee
$10.5M -$2.06M -37,033 -16%
BTS
94
BB&T Securities
Virginia
$10.3M +$33.7K +607 +0.3%
CWM
95
CIBC World Markets
New York
$10.2M +$1.3M +23,311 +14%
Asset Management One
96
Asset Management One
Japan
$10.1M +$836K +15,042 +9%
SDIC
97
South Dakota Investment Council
South Dakota
$9.96M -$354K -6,370 -3%
CC
98
Cannell & Co
New York
$9.95M -$8.02M -144,255 -44%
Chevy Chase Trust
99
Chevy Chase Trust
Maryland
$9.64M -$99.8K -1,796 -1%
NIPH
100
NN Investment Partners Holdings
Netherlands
$9.35M -$1.06M -19,027 -10%

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.