Norwegian Cruise Line
NCLH
445 hedge funds and large institutions have $11B invested in Norwegian Cruise Line in 2019 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 165 increasing their positions, 161 reducing their positions, and 50 closing their positions.
56% more call options, than puts
Call options by funds: $61.5M | Put options by funds: $39.5M
28% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 50
1% more funds holding
Funds holding: 440 → 445 (+5)
1.12% more ownership
Funds ownership: 94.57% → 95.69% (+1.1%)
2% more repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 161
3% less capital invested
Capital invested by funds: $11.3B → $11B (-$285M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$226M |
| 2 |
Renaissance Technologies
New York
|
+$90.1M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$90.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$66.3M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$66.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$121M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$113M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$51.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$45.2M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$40.9M |
NCLH Hedge Fund Activity: Q2 2019 in Review
445 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q2 2019, worth a combined $11B — down 2.5% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new NCLH positions and 50 closed out — a net gain of 14 holders — while 165 added to existing stakes and 161 trimmed.
The largest buyer was Capital World Investors, adding an estimated $226M. The largest seller was Eminence Capital, exiting entirely with an estimated $121M sold.
- 445 institutional investors held Norwegian Cruise Line (NCLH) as of Q2 2019, up from 440 in Q1 2019.
- Funds reported $11B of Norwegian Cruise Line stock for Q2 2019, down 2.5% quarter-over-quarter.
- 64 funds opened new Norwegian Cruise Line positions in Q2 2019 and 50 closed out, a net change of +14 holders.
- The largest Norwegian Cruise Line buyer in Q2 2019 was Capital World Investors, an estimated $226M added.
- The largest Norwegian Cruise Line seller in Q2 2019 was Eminence Capital, an estimated $121M sold.
Based on aggregated 13F filings for Q2 2019.