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Norwegian Cruise Line

352 hedge funds and large institutions have $11.1B invested in Norwegian Cruise Line in 2017 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 155 increasing their positions, 97 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

177% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 22

89% more call options, than puts

Call options by funds: $68.8M | Put options by funds: $36.4M

60% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 97

12% more funds holding

Funds holding: 315352 (+37)

3.59% more ownership

Funds ownership: 86.03%89.62% (+3.6%)

4% more capital invested

Capital invested by funds: $10.6B → $11.1B (+$407M)

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

Holders
352
Holders Change
+37
Holders Change %
+11.75%
% of All Funds
8.78%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.2%
New
61
Increased
155
Reduced
97
Closed
22
Calls
$68.8M
Puts
$36.4M
Net Calls
+$32.4M
Net Calls Change
-$31M
Name Holding Trade Value Shares
Change
Change in
Stake
AMH
1
Apollo Management Holdings
New York
$1.65B -$315M -5,625,000 -16%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$1.13B +$64.8M +1,158,700 +6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$796M +$105M +1,872,254 +15%
Capital International Investors
4
Capital International Investors
California
$566M +$1.08M +19,255 +0.2%
Capital World Investors
5
Capital World Investors
California
$541M +$697K +12,467 +0.1%
Janus Henderson Group
6
Janus Henderson Group
United Kingdom
$445M +$46M +822,804 +11%
BlackRock
7
BlackRock
New York
$442M +$37.7M +673,538 +9%
Invesco
8
Invesco
Georgia
$367M +$112M +2,002,816 +42%
Barrow, Hanley, Mewhinney & Strauss
9
Barrow, Hanley, Mewhinney & Strauss
Texas
$357M -$2.7M -48,180 -0.7%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$353M -$54.6M -975,279 -13%
Primecap Management
11
Primecap Management
California
$265M -$14M -250,325 -5%
DCP
12
DSM Capital Partners
Florida
$194M +$103M +1,848,761 +106%
State Street
13
State Street
Massachusetts
$174M +$14.9M +265,617 +9%
FAM
14
Fred Alger Management
New York
$148M +$88M +1,572,574 +135%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$144M +$15.1M +269,534 +11%
JP Morgan Chase
16
JP Morgan Chase
New York
$137M -$10.5M -188,044 -7%
AllianceBernstein
17
AllianceBernstein
Tennessee
$117M +$112M +2,006,105 +1,290%
SAM
18
Scopus Asset Management
New York
$104M +$36.4M +650,000 +51%
LCM
19
Laurion Capital Management
New York
$103M +$106M +1,892,887 +36,402%
Jennison Associates
20
Jennison Associates
New York
$91.3M +$6.47M +115,635 +7%
Wells Fargo
21
Wells Fargo
California
$82M -$50.8M -908,416 -37%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$81.1M +$8.08M +144,516 +11%
USAA
23
United Services Automobile Association
Texas
$80.1M +$8.05M +143,935 +11%
Norges Bank
24
Norges Bank
Norway
$79.8M +$45.3M +808,951 +121%
WRF
25
Waddell & Reed Financial
Kansas
$75.8M +$38.9M +695,319 +98%

NCLH Hedge Fund Activity: Q3 2017 in Review

352 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q3 2017, worth a combined $11.1B — up 3.8% from $10.6B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new NCLH positions and 22 closed out — a net gain of 39 holders — while 155 added to existing stakes and 97 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $112M. The largest seller was Apollo Management Holdings, cutting an estimated $315M.

  • 352 institutional investors held Norwegian Cruise Line (NCLH) as of Q3 2017, up from 315 in Q2 2017.
  • Funds reported $11.1B of Norwegian Cruise Line stock for Q3 2017, up 3.8% quarter-over-quarter.
  • 61 funds opened new Norwegian Cruise Line positions in Q3 2017 and 22 closed out, a net change of +39 holders.
  • The largest Norwegian Cruise Line buyer in Q3 2017 was AllianceBernstein, an estimated $112M added.
  • The largest Norwegian Cruise Line seller in Q3 2017 was Apollo Management Holdings, an estimated $315M sold.

Based on aggregated 13F filings for Q3 2017.