Norwegian Cruise Line
NCLH
399 hedge funds and large institutions have $2.5B invested in Norwegian Cruise Line in 2020 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 149 increasing their positions, 101 reducing their positions, and 73 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 101
19% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 73
11% more capital invested
Capital invested by funds: $2.25B → $2.5B (+$246M)
3% more funds holding
Funds holding: 386 → 399 (+13)
0.54% less ownership
Funds ownership: 53.48% → 52.94% (-0.54%)
3% less call options, than puts
Call options by funds: $297M | Put options by funds: $308M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$64.7M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$55M |
| 3 |
Morgan Stanley
New York
|
+$26.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$25.8M |
| 5 |
Two Sigma Investments
New York
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$120M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$24.2M |
| 3 |
Millennium Management
New York
|
-$17.8M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.1M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$9.27M |
NCLH Hedge Fund Activity: Q3 2020 in Review
399 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q3 2020, worth a combined $2.5B — up 11% from $2.25B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new NCLH positions and 73 closed out — a net gain of 14 holders — while 149 added to existing stakes and 101 trimmed.
The largest buyer was Fidelity International, adding an estimated $64.7M. The largest seller was Capital World Investors, cutting an estimated $120M.
- 399 institutional investors held Norwegian Cruise Line (NCLH) as of Q3 2020, up from 386 in Q2 2020.
- Funds reported $2.5B of Norwegian Cruise Line stock for Q3 2020, up 11% quarter-over-quarter.
- 87 funds opened new Norwegian Cruise Line positions in Q3 2020 and 73 closed out, a net change of +14 holders.
- The largest Norwegian Cruise Line buyer in Q3 2020 was Fidelity International, an estimated $64.7M added.
- The largest Norwegian Cruise Line seller in Q3 2020 was Capital World Investors, an estimated $120M sold.
Based on aggregated 13F filings for Q3 2020.