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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
Mitsubishi UFJ Asset Management
201
Mitsubishi UFJ Asset Management
Japan
$1.94M +$426K +7,673 +27%
AIC
202
Aurora Investment Counsel
Georgia
$1.93M +$4.72K +85 +0.2%
PCM
203
Palouse Capital Management
Washington
$1.88M -$101K -1,824 -5%
Baird Financial Group
204
Baird Financial Group
Wisconsin
$1.85M +$1.92M +34,577 New
TAM
205
Tradition Asset Management
Virginia
$1.84M +$1.91M +34,330 New
SW
206
SVB Wealth
Massachusetts
$1.81M -$160K -2,885 -8%
BCM
207
Brown Capital Management
Maryland
$1.77M -$7.72K -139 -0.4%
SGA
208
Strategic Global Advisors
California
$1.76M +$222K +4,000 +14%
SCM
209
Stevens Capital Management
Pennsylvania
$1.75M +$1.82M +32,675 New
MLICM
210
Metropolitan Life Insurance Company (MetLife)
New York
$1.75M +$99.2K +1,784 +6%
IG
211
ING Group
Netherlands
$1.73M +$1.19M +21,351 +197%
OAM
212
Origin Asset Management
United Kingdom
$1.72M +$1.78M +32,000 New
RCM
213
Riverhead Capital Management
Delaware
$1.67M -$119K -2,150 -6%
GC
214
Guggenheim Capital
Illinois
$1.66M +$103K +1,851 +6%
CSS
215
Cubist Systematic Strategies
Connecticut
$1.65M -$3.7M -66,515 -68%
MSA
216
Mason Street Advisors
Wisconsin
$1.65M -$18.5K -332 -1%
NB
217
Norinchukin Bank
Japan
$1.63M -$608K -10,944 -26%
AB
218
Amalgamated Bank
New York
$1.63M +$141K +2,544 +9%
CCM
219
Coe Capital Management
Illinois
$1.63M -$56.6K -1,018 -3%
MAM
220
Meeder Asset Management
Ohio
$1.59M +$11K +198 +0.7%
B
221
Barings
North Carolina
$1.59M -$345K -6,200 -17%
MOACM
222
Mutual of America Capital Management
New York
$1.55M -$9.12K -164 -0.6%
QT
223
Quantbot Technologies
New York
$1.52M -$2.41M -43,430 -60%
DekaBank Deutsche Girozentrale
224
DekaBank Deutsche Girozentrale
Germany
$1.51M -$58.1K -1,046 -4%
GHCM
225
Glen Harbor Capital Management
California
$1.51M -$101K -1,824 -6%

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.