Norwegian Cruise Line
NCLH
422 hedge funds and large institutions have $9.9B invested in Norwegian Cruise Line in 2018 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 188 increasing their positions, 127 reducing their positions, and 57 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 127
14% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 57
1% more funds holding
Funds holding: 418 → 422 (+4)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2.02% less ownership
Funds ownership: 95.28% → 93.26% (-2%)
13% less capital invested
Capital invested by funds: $11.4B → $9.9B (-$1.45B)
25% less call options, than puts
Call options by funds: $31.1M | Put options by funds: $41.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$107M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$83.4M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
+$68.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$53.4M |
| 5 |
Bank of New York Mellon
New York
|
+$44.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$151M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$102M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$57.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$55.4M |
| 5 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
-$44.7M |
NCLH Hedge Fund Activity: Q2 2018 in Review
422 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q2 2018, worth a combined $9.9B — down 13% from $11.4B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new NCLH positions and 57 closed out — a net gain of 8 holders — while 188 added to existing stakes and 127 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $107M. The largest seller was Morgan Stanley, cutting an estimated $151M.
- 422 institutional investors held Norwegian Cruise Line (NCLH) as of Q2 2018, up from 418 in Q1 2018.
- Funds reported $9.9B of Norwegian Cruise Line stock for Q2 2018, down 13% quarter-over-quarter.
- 65 funds opened new Norwegian Cruise Line positions in Q2 2018 and 57 closed out, a net change of +8 holders.
- The largest Norwegian Cruise Line buyer in Q2 2018 was Janus Henderson Group, an estimated $107M added.
- The largest Norwegian Cruise Line seller in Q2 2018 was Morgan Stanley, an estimated $151M sold.
Based on aggregated 13F filings for Q2 2018.