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National CineMedia

119 hedge funds and large institutions have $198M invested in National CineMedia in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more call options, than puts

Call options by funds: $186K | Put options by funds: $126K

18% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 38

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.36% less ownership

Funds ownership: 9.72%8.37% (-1.4%)

13% less funds holding

Funds holding: 137119 (-18)

21% less capital invested

Capital invested by funds: $252M → $198M (-$54M)

49% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 37

Holders
119
Holders Change
-18
Holders Change %
-13.14%
% of All Funds
2.44%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
19
Increased
45
Reduced
38
Closed
37
Calls
$186K
Puts
$126K
Net Calls
+$60K
Net Calls Change
+$83K
Name Holding Trade Value Shares
Change
Change in
Stake
Los Angeles Capital Management
26
Los Angeles Capital Management
California
$718K +$116K +3,861 +19%
Norges Bank
27
Norges Bank
Norway
$695K
WG
28
Winton Group
United Kingdom
$683K +$109K +3,644 +19%
RSC
29
Red Spruce Capital
Pennsylvania
$576K
Wells Fargo
30
Wells Fargo
California
$539K -$203K -6,739 -27%
Two Sigma Investments
31
Two Sigma Investments
New York
$467K +$407K +13,559 +629%
PC
32
PA Capital
Virginia
$456K
Swiss National Bank
33
Swiss National Bank
Switzerland
$430K +$65.5K +2,180 +18%
SRAM
34
Spouting Rock Asset Management
Pennsylvania
$429K +$221K +7,348 +103%
California Public Employees Retirement System
35
California Public Employees Retirement System
California
$423K +$6.79K +226 +2%
Millennium Management
36
Millennium Management
New York
$421K -$34K -1,131 -7%
TD Asset Management
37
TD Asset Management
Ontario, Canada
$409K +$37.9K +1,260 +10%
Deutsche Bank
38
Deutsche Bank
Germany
$402K +$100K +3,330 +33%
AQR Capital Management
39
AQR Capital Management
Connecticut
$388K +$199K +6,609 +102%
Grantham, Mayo, Van Otterloo & Co (GMO)
40
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$385K -$376K -12,500 -49%
RhumbLine Advisers
41
RhumbLine Advisers
Massachusetts
$363K +$22.3K +741 +6%
Connor, Clark & Lunn Investment Management (CC&L)
42
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$341K +$345K +11,492 New
SFI
43
Susquehanna Fundamental Investments
Pennsylvania
$309K +$313K +10,400 New
Russell Investments Group
44
Russell Investments Group
United Kingdom
$300K -$111K -3,707 -27%
AllianceBernstein
45
AllianceBernstein
Tennessee
$283K +$79K +2,630 +38%
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$280K
RJA
47
Raymond James & Associates
Florida
$270K +$47.6K +1,584 +21%
PP
48
Paloma Partners
Connecticut
$268K +$271K +9,015 New
CS
49
Credit Suisse
Switzerland
$265K +$35.5K +1,180 +15%
UBS AM
50
UBS AM
Illinois
$221K -$15.2K -505 -6%

NCMI Hedge Fund Activity: Q2 2020 in Review

119 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q2 2020, worth a combined $198M — down 21% from $252M a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of NCMI and 19 opened new positions — a net loss of 18 holders — while 38 trimmed existing stakes and 45 added.

The largest buyer was Standard General, adding an estimated $3.79M. The largest seller was ArrowMark Colorado Holdings, exiting entirely with an estimated $33.4M sold.

  • 119 institutional investors held National CineMedia (NCMI) as of Q2 2020, down from 137 in Q1 2020.
  • Funds reported $198M of National CineMedia stock for Q2 2020, down 21% quarter-over-quarter.
  • 19 funds opened new National CineMedia positions in Q2 2020 and 37 closed out, a net change of -18 holders.
  • The largest National CineMedia buyer in Q2 2020 was Standard General, an estimated $3.79M added.
  • The largest National CineMedia seller in Q2 2020 was ArrowMark Colorado Holdings, an estimated $33.4M sold.

Based on aggregated 13F filings for Q2 2020.