Norwegian Cruise Line
NCLH
385 hedge funds and large institutions have $2.25B invested in Norwegian Cruise Line in 2020 Q2 according to their latest regulatory filings, with 102 funds opening new positions, 143 increasing their positions, 96 reducing their positions, and 111 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 96
32% more capital invested
Capital invested by funds: $1.71B → $2.25B (+$543M)
8% less first-time investments, than exits
New positions opened: 102 | Existing positions closed: 111
4% less funds holding
Funds holding: 399 → 385 (-14)
18.62% less ownership
Funds ownership: 72.11% → 53.49% (-19%)
39% less call options, than puts
Call options by funds: $193M | Put options by funds: $317M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$51M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$51M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$41.7M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$35M |
| 5 |
Millennium Management
New York
|
+$31.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$104M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$72.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$49.7M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$49M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$33.1M |
NCLH Hedge Fund Activity: Q2 2020 in Review
385 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q2 2020, worth a combined $2.25B — up 32% from $1.71B a quarter earlier.
Sellers outnumbered buyers: 111 funds closed out of NCLH and 102 opened new positions — a net loss of 9 holders — while 96 trimmed existing stakes and 143 added.
The largest buyer was Norges Bank, adding an estimated $51M. The largest seller was T. Rowe Price Associates, cutting an estimated $104M.
- 385 institutional investors held Norwegian Cruise Line (NCLH) as of Q2 2020, down from 399 in Q1 2020.
- Funds reported $2.25B of Norwegian Cruise Line stock for Q2 2020, up 32% quarter-over-quarter.
- 102 funds opened new Norwegian Cruise Line positions in Q2 2020 and 111 closed out, a net change of -9 holders.
- The largest Norwegian Cruise Line buyer in Q2 2020 was Norges Bank, an estimated $51M added.
- The largest Norwegian Cruise Line seller in Q2 2020 was T. Rowe Price Associates, an estimated $104M sold.
Based on aggregated 13F filings for Q2 2020.