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Norwegian Cruise Line

272 hedge funds and large institutions have $11B invested in Norwegian Cruise Line in 2015 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 121 increasing their positions, 76 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

243% more call options, than puts

Call options by funds: $14.4M | Put options by funds: $4.21M

104% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 27

59% more repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 76

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

11% more funds holding

Funds holding: 246272 (+26)

9% more capital invested

Capital invested by funds: $10.1B → $11B (+$876M)

Holders
272
Holders Change
+26
Holders Change %
+10.57%
% of All Funds
7.59%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.28%
New
55
Increased
121
Reduced
76
Closed
27
Calls
$14.4M
Puts
$4.21M
Net Calls
+$10.2M
Net Calls Change
+$5.03M
Name Holding Trade Value Shares
Change
Change in
Stake
AMH
1
Apollo Management Holdings
New York
$2.36B -$347M -5,884,210 -12%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$1.14B +$137M +2,320,461 +13%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$642M +$122M +2,068,341 +23%
Vanguard Group
4
Vanguard Group
Pennsylvania
$578M +$69.5M +1,180,208 +13%
JHIU
5
Janus Henderson Investors US
Colorado
$422M +$249M +4,229,256 +135%
Lazard Asset Management
6
Lazard Asset Management
New York
$396M +$10.9M +185,275 +3%
Capital International Investors
7
Capital International Investors
California
$392M +$24M +407,217 +6%
TCIM
8
TIAA CREF Investment Management
New York
$320M +$91.2M +1,546,892 +38%
TGHSA
9
TPG Group Holdings (SBS) Advisors
Texas
$305M -$118M -2,000,000 -27%
Barrow, Hanley, Mewhinney & Strauss
10
Barrow, Hanley, Mewhinney & Strauss
Texas
$266M +$39.4M +669,099 +17%
FAM
11
Fred Alger Management
New York
$209M +$171M +2,901,904 +388%
BIT
12
BlackRock Institutional Trust
California
$204M +$26.4M +448,526 +14%
Primecap Management
13
Primecap Management
California
$195M -$3.32M -56,300 -2%
Ameriprise
14
Ameriprise
Minnesota
$141M +$92M +1,560,808 +175%
RCM
15
Roystone Capital Management
New York
$138M -$61M -1,035,259 -30%
JP Morgan Chase
16
JP Morgan Chase
New York
$137M +$15.9M +269,571 +13%
State Street
17
State Street
Massachusetts
$135M +$18.2M +309,331 +15%
BAMCO Inc
18
BAMCO Inc
New York
$130M +$5.99M +101,727 +5%
ECU
19
Egerton Capital (UK)
United Kingdom
$119M +$122M +2,069,262 New
TA
20
Teachers Advisors
New York
$109M +$15.1M +256,724 +16%
AllianceBernstein
21
AllianceBernstein
Tennessee
$81.7M +$1.78M +30,290 +2%
USAA
22
United Services Automobile Association
Texas
$81M +$6.31M +107,100 +8%
Jennison Associates
23
Jennison Associates
New York
$80.1M -$17.1M -290,792 -17%
Massachusetts Financial Services
24
Massachusetts Financial Services
Massachusetts
$76.2M -$325K -5,520 -0.4%
BFA
25
BlackRock Fund Advisors
California
$68.5M +$3.12M +52,878 +5%

NCLH Hedge Fund Activity: Q3 2015 in Review

272 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q3 2015, worth a combined $11B — up 8.7% from $10.1B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new NCLH positions and 27 closed out — a net gain of 28 holders — while 121 added to existing stakes and 76 trimmed.

The largest buyer was Janus Henderson Investors US, adding an estimated $249M. The largest seller was Apollo Management Holdings, cutting an estimated $347M.

  • 272 institutional investors held Norwegian Cruise Line (NCLH) as of Q3 2015, up from 246 in Q2 2015.
  • Funds reported $11B of Norwegian Cruise Line stock for Q3 2015, up 8.7% quarter-over-quarter.
  • 55 funds opened new Norwegian Cruise Line positions in Q3 2015 and 27 closed out, a net change of +28 holders.
  • The largest Norwegian Cruise Line buyer in Q3 2015 was Janus Henderson Investors US, an estimated $249M added.
  • The largest Norwegian Cruise Line seller in Q3 2015 was Apollo Management Holdings, an estimated $347M sold.

Based on aggregated 13F filings for Q3 2015.