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Norwegian Cruise Line

184 hedge funds and large institutions have $7.62B invested in Norwegian Cruise Line in 2014 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 55 increasing their positions, 50 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 29

75% more call options, than puts

Call options by funds: $2.54M | Put options by funds: $1.45M

47% more capital invested

Capital invested by funds: $5.17B → $7.62B (+$2.45B)

25% more funds holding

Funds holding: 147184 (+37)

10% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 50

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

Holders
184
Holders Change
+37
Holders Change %
+25.17%
% of All Funds
4.91%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
69
Increased
55
Reduced
50
Closed
29
Calls
$2.54M
Puts
$1.45M
Net Calls
+$1.09M
Net Calls Change
+$1.38M
Name Holding Trade Value Shares
Change
Change in
Stake
AMH
1
Apollo Management Holdings
New York
$2.56B +$565M +14,063,180 +35%
TGHSA
2
TPG Group Holdings (SBS) Advisors
Texas
$752M
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$689M +$80.4M +2,003,053 +16%
Capital World Investors
4
Capital World Investors
California
$540M
Lazard Asset Management
5
Lazard Asset Management
New York
$371M +$33.5M +834,738 +12%
Capital International Investors
6
Capital International Investors
California
$221M +$81.1M +2,020,400 +75%
Vanguard Group
7
Vanguard Group
Pennsylvania
$208M -$25.9M -644,314 -13%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$192M -$53.6M -1,334,982 -25%
RCM
9
Roystone Capital Management
New York
$119M -$34.4M -856,900 -25%
Primecap Management
10
Primecap Management
California
$110M +$36.5M +909,400 +63%
BIT
11
BlackRock Institutional Trust
California
$99.9M +$7.11M +177,187 +9%
Jennison Associates
12
Jennison Associates
New York
$82.9M -$14M -349,402 -16%
WRF
13
Waddell & Reed Financial
Kansas
$81.4M -$47.7M -1,188,587 -41%
CGT
14
Capital Guardian Trust
California
$75.2M +$5.16M +128,505 +9%
NIMC
15
NWQ Investment Management Company
California
$74.3M -$79.8M -1,988,811 -56%
JWBC
16
John W. Bristol & Co
New York
$72.9M -$1.77M -44,089 -3%
JP Morgan Chase
17
JP Morgan Chase
New York
$71.6M -$20.9M -519,585 -25%
State Street
18
State Street
Massachusetts
$64.9M +$18.4M +459,284 +49%
BAMCO Inc
19
BAMCO Inc
New York
$63.6M +$12.2M +303,716 +29%
Invesco
20
Invesco
Georgia
$54.4M +$1.42M +35,291 +3%
AllianceBernstein
21
AllianceBernstein
Tennessee
$54M -$1.79M -44,521 -4%
Lord, Abbett & Co
22
Lord, Abbett & Co
New Jersey
$50.3M +$39.8M +990,346 +1,146%
TCM
23
Tiger Consumer Management
New York
$48.7M -$9.96M -248,105 -19%
TCG
24
Tremblant Capital Group
Florida
$45.7M -$39M -971,664 -50%
Massachusetts Financial Services
25
Massachusetts Financial Services
Massachusetts
$45.1M +$321K +7,990 +0.8%

NCLH Hedge Fund Activity: Q4 2014 in Review

184 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q4 2014, worth a combined $7.62B — up 47% from $5.17B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new NCLH positions and 29 closed out — a net gain of 40 holders — while 55 added to existing stakes and 50 trimmed.

The largest buyer was Apollo Management Holdings, adding an estimated $565M. The largest seller was NWQ Investment Management Company, cutting an estimated $79.8M.

  • 184 institutional investors held Norwegian Cruise Line (NCLH) as of Q4 2014, up from 147 in Q3 2014.
  • Funds reported $7.62B of Norwegian Cruise Line stock for Q4 2014, up 47% quarter-over-quarter.
  • 69 funds opened new Norwegian Cruise Line positions in Q4 2014 and 29 closed out, a net change of +40 holders.
  • The largest Norwegian Cruise Line buyer in Q4 2014 was Apollo Management Holdings, an estimated $565M added.
  • The largest Norwegian Cruise Line seller in Q4 2014 was NWQ Investment Management Company, an estimated $79.8M sold.

Based on aggregated 13F filings for Q4 2014.