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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
DCM
176
Dupont Capital Management
Delaware
$2.81M +$2.68M +48,244 +1,152%
SOMRS
177
State of Michigan Retirement System
Michigan
$2.77M -$617K -11,100 -18%
Connor, Clark & Lunn Investment Management (CC&L)
178
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.67M +$2.77M +49,775 New
FCM
179
Flinton Capital Management
Pennsylvania
$2.64M -$177K -3,192 -6%
Caisse de Depot et Placement du Quebec (CDPQ)
180
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$2.62M +$88.9K +1,600 +3%
Bank of Nova Scotia
181
Bank of Nova Scotia
Ontario, Canada
$2.58M +$17K +306 +0.6%
WCM
182
Weld Capital Management
New York
$2.56M +$1.12M +20,239 +74%
SEI Investments
183
SEI Investments
Pennsylvania
$2.56M -$1.24M -22,382 -32%
CI
184
Capital International
California
$2.54M -$110K -1,985 -4%
Envestnet Asset Management
185
Envestnet Asset Management
Illinois
$2.52M +$195K +3,505 +8%
BS
186
Banco Santander
Spain
$2.5M -$30.9M -555,922 -90%
BOTW
187
Bank of the West
California
$2.47M +$233K +4,189 +10%
PCM
188
Prelude Capital Management
New York
$2.46M +$448K +8,061 +21%
FAF
189
Fjarde Ap-fonden
Sweden
$2.34M +$150K +2,700 +7%
CIP
190
Chartwell Investment Partners
Pennsylvania
$2.25M -$167K -3,000 -7%
QI
191
QS Investors
New York
$2.24M +$150K +2,702 +7%
TPSF
192
Texas Permanent School Fund
Texas
$2.23M -$44.7K -804 -2%
MCM
193
Mork Capital Management
California
$2.21M
URS
194
Utah Retirement Systems
Utah
$2.19M -$38.9K -699 -2%
XK
195
Xact Kapitalforvaltning
Sweden
$2.14M
TAM
196
Tyers Asset Management
Texas
$2.07M -$139K -2,508 -6%
SL
197
Signition LP
New York
$2.07M
MSV
198
MN Services Vermogensbeheer
Netherlands
$2.03M
Comerica Bank
199
Comerica Bank
Texas
$2.01M +$29.7K +534 +1%
Nomura Asset Management
200
Nomura Asset Management
Japan
$1.98M -$41.5K -747 -2%

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.