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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
AAMU
101
Amundi Asset Management US
Massachusetts
$9.26M -$19.2M -345,889 -67%
HCM
102
Hodges Capital Management
Texas
$9.2M +$6.15M +110,685 +182%
CII
103
Capital International Inc
California
$9.02M +$5.76M +103,567 +161%
PP
104
PDT Partners
New York
$9M +$9.33M +167,800 New
Toronto Dominion Bank
105
Toronto Dominion Bank
Ontario, Canada
$8.96M +$9.62M +173,099 +108%
MAM
106
Martingale Asset Management
Massachusetts
$8.92M +$874K +15,722 +10%
PIA
107
Piedmont Investment Advisors
North Carolina
$8.53M +$8.84M +158,982 New
LI
108
Lafayette Investments
Maryland
$8.41M +$26.3K +474 +0.3%
CIS
109
Capital International Sarl
California
$8.37M -$345K -6,212 -4%
Lord, Abbett & Co
110
Lord, Abbett & Co
New Jersey
$7.99M +$481K +8,647 +6%
LCM
111
Landscape Capital Management
New Jersey
$7.77M +$1.41M +25,458 +21%
CCM
112
Channing Capital Management
Illinois
$7.75M +$3.38M +60,792 +73%
Bank of Montreal
113
Bank of Montreal
Ontario, Canada
$7.66M -$2.17M -39,004 -21%
HCM
114
HGI Capital Management
New York
$7.39M +$3.46M +62,189 +82%
UBS Group
115
UBS Group
Switzerland
$7.23M +$55.6K +1,000 +0.7%
Canada Life
116
Canada Life
Manitoba, Canada
$6.76M +$6.92M +124,483 +5,630%
Fidelity Investments
117
Fidelity Investments
Massachusetts
$6.73M -$6.67M -120,057 -49%
WAM
118
Winslow Asset Management
Ohio
$6.63M -$420K -7,564 -6%
CM
119
Capital Management
Virginia
$6.48M -$270K -4,850 -4%
Zurich Cantonal Bank
120
Zurich Cantonal Bank
Switzerland
$6.42M +$528K +9,495 +9%
Allianz Asset Management
121
Allianz Asset Management
Germany
$6.36M -$150K -2,694 -2%
Squarepoint
122
Squarepoint
New York
$6.29M +$4.82M +86,644 +283%
CGT
123
Capital Guardian Trust
California
$6.29M
Rockefeller Capital Management
124
Rockefeller Capital Management
New York
$6.2M +$6.42M +115,585 +121,668%
Korea Investment Corp
125
Korea Investment Corp
South Korea
$6.11M +$2.42M +43,600 +62%

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.