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Norwegian Cruise Line

281 hedge funds and large institutions have $7.44B invested in Norwegian Cruise Line in 2016 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 111 increasing their positions, 82 reducing their positions, and 80 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 82

3% more call options, than puts

Call options by funds: $48.6M | Put options by funds: $47M

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

8% less capital invested

Capital invested by funds: $8.06B → $7.44B (-$618M)

10% less funds holding

Funds holding: 312281 (-31)

35% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 80

Holders
281
Holders Change
-31
Holders Change %
-9.94%
% of All Funds
7.5%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
52
Increased
111
Reduced
82
Closed
80
Calls
$48.6M
Puts
$47M
Net Calls
+$1.6M
Net Calls Change
-$11.1M
Name Holding Trade Value Shares
Change
Change in
Stake
AMH
1
Apollo Management Holdings
New York
$1.36B
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$1.01B -$47.4M -1,222,985 -4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$441M +$11.8M +303,470 +3%
JHIU
4
Janus Henderson Investors US
Colorado
$394M +$2.48M +63,921 +0.6%
Capital International Investors
5
Capital International Investors
California
$328M +$64.5M +1,664,115 +24%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$304M -$14.9M -383,877 -5%
Barrow, Hanley, Mewhinney & Strauss
7
Barrow, Hanley, Mewhinney & Strauss
Texas
$276M +$50.9M +1,312,591 +22%
TGHSA
8
TPG Group Holdings (SBS) Advisors
Texas
$201M
Primecap Management
9
Primecap Management
California
$187M +$32.7M +842,075 +20%
Capital World Investors
10
Capital World Investors
California
$156M +$160M +4,125,859 New
Invesco
11
Invesco
Georgia
$151M +$63.3M +1,633,284 +69%
BIT
12
BlackRock Institutional Trust
California
$147M +$2.08M +53,721 +1%
JP Morgan Chase
13
JP Morgan Chase
New York
$135M -$22.5M -580,117 -14%
State Street
14
State Street
Massachusetts
$106M +$2.99M +77,014 +3%
Lazard Asset Management
15
Lazard Asset Management
New York
$96.9M -$113M -2,919,614 -53%
FAM
16
Fred Alger Management
New York
$89.1M -$19.8M -510,635 -18%
Jennison Associates
17
Jennison Associates
New York
$88.1M -$612K -15,789 -0.7%
Wells Fargo
18
Wells Fargo
California
$88M +$37.5M +967,504 +71%
SCM
19
Sterling Capital Management
North Carolina
$81.5M +$31.1M +801,669 +59%
CGT
20
Capital Guardian Trust
California
$63.2M +$21.3M +548,119 +49%
BFA
21
BlackRock Fund Advisors
California
$58.4M +$2.74M +70,625 +5%
Citadel Advisors
22
Citadel Advisors
Florida
$57M +$58.6M +1,511,520 New
Ameriprise
23
Ameriprise
Minnesota
$54.7M -$39.5M -1,017,882 -41%
O
24
OppenheimerFunds
New York
$53.5M +$44.7M +1,152,581 +435%
Fiera Capital (Canada)
25
Fiera Capital (Canada)
Quebec, Canada
$53.3M +$16.9M +437,075 +45%

NCLH Hedge Fund Activity: Q3 2016 in Review

281 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q3 2016, worth a combined $7.44B — down 7.7% from $8.06B a quarter earlier.

Sellers outnumbered buyers: 80 funds closed out of NCLH and 52 opened new positions — a net loss of 28 holders — while 82 trimmed existing stakes and 111 added.

The largest buyer was Capital World Investors, opening a new position worth an estimated $160M. The largest seller was TIAA CREF Investment Management, cutting an estimated $125M.

  • 281 institutional investors held Norwegian Cruise Line (NCLH) as of Q3 2016, down from 312 in Q2 2016.
  • Funds reported $7.44B of Norwegian Cruise Line stock for Q3 2016, down 7.7% quarter-over-quarter.
  • 52 funds opened new Norwegian Cruise Line positions in Q3 2016 and 80 closed out, a net change of -28 holders.
  • The largest Norwegian Cruise Line buyer in Q3 2016 was Capital World Investors, an estimated $160M added.
  • The largest Norwegian Cruise Line seller in Q3 2016 was TIAA CREF Investment Management, an estimated $125M sold.

Based on aggregated 13F filings for Q3 2016.