Norwegian Cruise Line
NCLH
438 hedge funds and large institutions have $8.76B invested in Norwegian Cruise Line in 2018 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 171 increasing their positions, 146 reducing their positions, and 64 closing their positions.
103% more call options, than puts
Call options by funds: $41.6M | Put options by funds: $20.5M
19% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 64
17% more repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 146
2% more funds holding
Funds holding: 428 → 438 (+10)
0.77% less ownership
Funds ownership: 94.69% → 93.92% (-0.77%)
27% less capital invested
Capital invested by funds: $12B → $8.76B (-$3.28B)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$252M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$226M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$110M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$102M |
| 5 |
BlackRock
New York
|
+$88.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
-$903M |
| 2 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
-$170M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$98.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$63.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$59.6M |
NCLH Hedge Fund Activity: Q4 2018 in Review
438 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q4 2018, worth a combined $8.76B — down 27% from $12B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new NCLH positions and 64 closed out — a net gain of 12 holders — while 171 added to existing stakes and 146 trimmed.
The largest buyer was Bank of America, adding an estimated $252M. The largest seller was Apollo Management Holdings, exiting entirely with an estimated $903M sold.
- 438 institutional investors held Norwegian Cruise Line (NCLH) as of Q4 2018, up from 428 in Q3 2018.
- Funds reported $8.76B of Norwegian Cruise Line stock for Q4 2018, down 27% quarter-over-quarter.
- 76 funds opened new Norwegian Cruise Line positions in Q4 2018 and 64 closed out, a net change of +12 holders.
- The largest Norwegian Cruise Line buyer in Q4 2018 was Bank of America, an estimated $252M added.
- The largest Norwegian Cruise Line seller in Q4 2018 was Apollo Management Holdings, an estimated $903M sold.
Based on aggregated 13F filings for Q4 2018.