Norwegian Cruise Line
NCLH
292 hedge funds and large institutions have $10B invested in Norwegian Cruise Line in 2017 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 101 increasing their positions, 101 reducing their positions, and 35 closing their positions.
66% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 35
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
56% more capital inflows, than outflows
Capital inflows: $875M | Capital outflows: $560M
5% more funds holding
Funds holding: 279 → 292 (+13)
0% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 101
1.05% less ownership
Funds ownership: 87.55% → 86.51% (-1%)
14% less call options, than puts
Call options by funds: $16.3M | Put options by funds: $19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$360M |
| 2 |
Janus Henderson Investors US
Denver,
Colorado
|
+$48.6M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$47.1M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$36.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$28.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIAA CREF Investment Management
New York
|
-$72M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$72M |
| 3 |
JP Morgan Chase
New York
|
-$39.4M |
| 4 |
Teachers Advisors
New York
|
-$36.9M |
| 5 |
Sterling Capital Management
Charlotte,
North Carolina
|
-$28.1M |
NCLH Hedge Fund Activity: Q1 2017 in Review
292 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q1 2017, worth a combined $10B — up 18% from $8.46B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new NCLH positions and 35 closed out — a net gain of 23 holders — while 101 added to existing stakes and 101 trimmed.
The largest buyer was BlackRock, adding an estimated $360M. The largest seller was TIAA CREF Investment Management, cutting an estimated $72M.
- 292 institutional investors held Norwegian Cruise Line (NCLH) as of Q1 2017, up from 279 in Q4 2016.
- Funds reported $10B of Norwegian Cruise Line stock for Q1 2017, up 18% quarter-over-quarter.
- 58 funds opened new Norwegian Cruise Line positions in Q1 2017 and 35 closed out, a net change of +23 holders.
- The largest Norwegian Cruise Line buyer in Q1 2017 was BlackRock, an estimated $360M added.
- The largest Norwegian Cruise Line seller in Q1 2017 was TIAA CREF Investment Management, an estimated $72M sold.
Based on aggregated 13F filings for Q1 2017.