National CineMedia
NCMI
145 hedge funds and large institutions have $868M invested in National CineMedia in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 60 increasing their positions, 47 reducing their positions, and 20 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
28% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 47
2% less capital invested
Capital invested by funds: $889M → $868M (-$20.5M)
5% less funds holding
Funds holding: 152 → 145 (-7)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
42% less call options, than puts
Call options by funds: $171K | Put options by funds: $294K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$16.2M |
| 2 |
GXMC
Global X Management Company
New York
|
+$5.28M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.46M |
| 4 |
Renaissance Technologies
New York
|
+$4M |
| 5 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$5.82M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.68M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$5.53M |
| 4 |
Millennium Management
New York
|
-$3.71M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$3.63M |
NCMI Hedge Fund Activity: Q1 2016 in Review
145 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q1 2016, worth a combined $868M — down 2.3% from $889M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NCMI and 13 opened new positions — a net loss of 7 holders — while 47 trimmed existing stakes and 60 added.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $16.2M. The largest seller was Manatuck Hill Partners, exiting entirely with an estimated $5.82M sold.
- 145 institutional investors held National CineMedia (NCMI) as of Q1 2016, down from 152 in Q4 2015.
- Funds reported $868M of National CineMedia stock for Q1 2016, down 2.3% quarter-over-quarter.
- 13 funds opened new National CineMedia positions in Q1 2016 and 20 closed out, a net change of -7 holders.
- The largest National CineMedia buyer in Q1 2016 was ArrowMark Colorado Holdings, an estimated $16.2M added.
- The largest National CineMedia seller in Q1 2016 was Manatuck Hill Partners, an estimated $5.82M sold.
Based on aggregated 13F filings for Q1 2016.