National CineMedia
NCMI
131 hedge funds and large institutions have $853M invested in National CineMedia in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 47 increasing their positions, 58 reducing their positions, and 17 closing their positions.
8% less capital invested
Capital invested by funds: $924M → $853M (-$71.2M)
8% less funds holding
Funds holding: 143 → 131 (-12)
19% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 58
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
59% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.36M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$3.72M |
| 3 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$3.51M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.31M |
| 5 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$2.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$14.3M |
| 2 |
WIM
Weitz Investment Management
Omaha,
Nebraska
|
-$7.82M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.45M |
| 4 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$3.48M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.39M |
NCMI Hedge Fund Activity: Q3 2016 in Review
131 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q3 2016, worth a combined $853M — down 7.7% from $924M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of NCMI and 7 opened new positions — a net loss of 10 holders — while 58 trimmed existing stakes and 47 added.
The largest buyer was Wellington Management Group, adding an estimated $7.36M. The largest seller was Macquarie Group, cutting an estimated $14.3M.
- 131 institutional investors held National CineMedia (NCMI) as of Q3 2016, down from 143 in Q2 2016.
- Funds reported $853M of National CineMedia stock for Q3 2016, down 7.7% quarter-over-quarter.
- 7 funds opened new National CineMedia positions in Q3 2016 and 17 closed out, a net change of -10 holders.
- The largest National CineMedia buyer in Q3 2016 was Wellington Management Group, an estimated $7.36M added.
- The largest National CineMedia seller in Q3 2016 was Macquarie Group, an estimated $14.3M sold.
Based on aggregated 13F filings for Q3 2016.