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Norwegian Cruise Line

511 hedge funds and large institutions have $4.66B invested in Norwegian Cruise Line in 2023 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 154 increasing their positions, 182 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.55% more ownership

Funds ownership: 61.84%66.39% (+4.5%)

4% less funds holding

Funds holding: 530511 (-19)

15% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 73

15% less repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 182

18% less capital invested

Capital invested by funds: $5.7B → $4.66B (-$1.04B)

43% less call options, than puts

Call options by funds: $332M | Put options by funds: $579M

80% less funds holding in top 10

Funds holding in top 10: 102 (-8)

Holders
511
Holders Change
-19
Holders Change %
-3.58%
% of All Funds
8.11%
Holding in Top 10
2
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-80%
% of All Funds
0.03%
New
62
Increased
154
Reduced
182
Closed
73
Calls
$332M
Puts
$579M
Net Calls
-$247M
Net Calls Change
+$195M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$819M +$19M +1,031,053 +2%
Capital International Investors
2
Capital International Investors
California
$592M +$2.24M +121,645 +0.3%
Capital Research Global Investors
3
Capital Research Global Investors
California
$501M +$560M +30,373,778 New
BlackRock
4
BlackRock
New York
$400M +$2.87M +155,413 +0.6%
State Street
5
State Street
Massachusetts
$231M -$1.39M -75,145 -0.5%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$154M +$3.4M +184,460 +2%
Invesco
7
Invesco
Georgia
$135M +$27.7M +1,499,622 +22%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$128M +$132M +7,171,036 +1,252%
AI
9
Ariel Investments
Illinois
$99.9M -$10.4M -563,578 -9%
Morgan Stanley
10
Morgan Stanley
New York
$92.3M -$8.53M -462,587 -8%
BNP Paribas Financial Markets
11
BNP Paribas Financial Markets
France
$66.6M +$57.9M +3,138,171 +347%
Charles Schwab
12
Charles Schwab
California
$65.3M -$5.19M -281,152 -7%
Norges Bank
13
Norges Bank
Norway
$63.2M -$8.92M -483,675 -11%
Two Sigma Advisers
14
Two Sigma Advisers
New York
$62.5M -$29.1M -1,578,400 -29%
Northern Trust
15
Northern Trust
Illinois
$56.5M +$1.86M +100,682 +3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$44.4M +$2.33M +126,147 +5%
Goldman Sachs
17
Goldman Sachs
New York
$43.7M +$9.55M +517,519 +24%
PCM
18
Patient Capital Management
Maryland
$41.8M -$10.4M -563,997 -18%
Primecap Management
19
Primecap Management
California
$37.8M -$533K -28,900 -1%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$33.9M +$7.76M +420,809 +27%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$32.4M +$15.9M +863,932 +79%
Renaissance Technologies
22
Renaissance Technologies
New York
$23.1M +$7.23M +392,167 +39%
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$22.3M -$2.39M -129,367 -9%
First Trust Advisors
24
First Trust Advisors
Illinois
$20.5M +$2.98M +161,787 +15%
SCM
25
Sirios Capital Management
Massachusetts
$20.4M -$6.73M -364,575 -23%

NCLH Hedge Fund Activity: Q3 2023 in Review

511 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Norwegian Cruise Line (NCLH) for Q3 2023, worth a combined $4.66B — down 18% from $5.7B a quarter earlier.

Sellers outnumbered buyers: 73 funds closed out of NCLH and 62 opened new positions — a net loss of 11 holders — while 182 trimmed existing stakes and 154 added.

The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $560M. The largest seller was Two Sigma Investments, cutting an estimated $132M.

  • 511 institutional investors held Norwegian Cruise Line (NCLH) as of Q3 2023, down from 530 in Q2 2023.
  • Funds reported $4.66B of Norwegian Cruise Line stock for Q3 2023, down 18% quarter-over-quarter.
  • 62 funds opened new Norwegian Cruise Line positions in Q3 2023 and 73 closed out, a net change of -11 holders.
  • The largest Norwegian Cruise Line buyer in Q3 2023 was Capital Research Global Investors, an estimated $560M added.
  • The largest Norwegian Cruise Line seller in Q3 2023 was Two Sigma Investments, an estimated $132M sold.

Based on aggregated 13F filings for Q3 2023.