Norwegian Cruise Line
NCLH
418 hedge funds and large institutions have $11.4B invested in Norwegian Cruise Line in 2018 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 186 increasing their positions, 115 reducing their positions, and 57 closing their positions.
199% more call options, than puts
Call options by funds: $104M | Put options by funds: $34.8M
62% more repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 115
23% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 57
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
4.85% more ownership
Funds ownership: 90.44% → 95.28% (+4.8%)
3% more funds holding
Funds holding: 407 → 418 (+11)
3% more capital invested
Capital invested by funds: $11B → $11.4B (+$352M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$180M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$139M |
| 3 |
Morgan Stanley
New York
|
+$124M |
| 4 |
Two Sigma Investments
New York
|
+$99.9M |
| 5 |
Two Sigma Advisers
New York
|
+$90.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
-$554M |
| 2 |
JP Morgan Chase
New York
|
-$155M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$74.7M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$62.4M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$59.3M |
NCLH Hedge Fund Activity: Q1 2018 in Review
418 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q1 2018, worth a combined $11.4B — up 3.2% from $11B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new NCLH positions and 57 closed out — a net gain of 13 holders — while 186 added to existing stakes and 115 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $180M. The largest seller was Apollo Management Holdings, cutting an estimated $554M.
- 418 institutional investors held Norwegian Cruise Line (NCLH) as of Q1 2018, up from 407 in Q4 2017.
- Funds reported $11.4B of Norwegian Cruise Line stock for Q1 2018, up 3.2% quarter-over-quarter.
- 70 funds opened new Norwegian Cruise Line positions in Q1 2018 and 57 closed out, a net change of +13 holders.
- The largest Norwegian Cruise Line buyer in Q1 2018 was T. Rowe Price Associates, an estimated $180M added.
- The largest Norwegian Cruise Line seller in Q1 2018 was Apollo Management Holdings, an estimated $554M sold.
Based on aggregated 13F filings for Q1 2018.