Norwegian Cruise Line
NCLH
309 hedge funds and large institutions have $11B invested in Norwegian Cruise Line in 2016 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 108 increasing their positions, 95 reducing their positions, and 58 closing their positions.
33% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 58
27% more call options, than puts
Call options by funds: $26M | Put options by funds: $20.4M
14% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 95
5% more funds holding
Funds holding: 294 → 309 (+15)
5% less capital invested
Capital invested by funds: $11.6B → $11B (-$617M)
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$222M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$78.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$75.6M |
| 4 |
Lazard Asset Management
New York
|
+$58.5M |
| 5 |
ACM
Apex Capital Management
Dayton,
Ohio
|
+$50.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$131M |
| 2 |
FAM
Fred Alger Management
New York
|
-$75.9M |
| 3 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$60.9M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$46M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$41M |
NCLH Hedge Fund Activity: Q1 2016 in Review
309 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q1 2016, worth a combined $11B — down 5.3% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new NCLH positions and 58 closed out — a net gain of 19 holders — while 108 added to existing stakes and 95 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $222M. The largest seller was Wellington Management Group, cutting an estimated $131M.
- 309 institutional investors held Norwegian Cruise Line (NCLH) as of Q1 2016, up from 294 in Q4 2015.
- Funds reported $11B of Norwegian Cruise Line stock for Q1 2016, down 5.3% quarter-over-quarter.
- 77 funds opened new Norwegian Cruise Line positions in Q1 2016 and 58 closed out, a net change of +19 holders.
- The largest Norwegian Cruise Line buyer in Q1 2016 was T. Rowe Price Associates, an estimated $222M added.
- The largest Norwegian Cruise Line seller in Q1 2016 was Wellington Management Group, an estimated $131M sold.
Based on aggregated 13F filings for Q1 2016.