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National CineMedia

102 hedge funds and large institutions have $225M invested in National CineMedia in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 36 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

364% more call options, than puts

Call options by funds: $701K | Put options by funds: $151K

30% more capital invested

Capital invested by funds: $174M → $225M (+$51.3M)

6% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 36

0.45% less ownership

Funds ownership: 8.04%7.59% (-0.45%)

6% less funds holding

Funds holding: 109102 (-7)

24% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 21

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
102
Holders Change
-7
Holders Change %
-6.42%
% of All Funds
1.8%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
16
Increased
38
Reduced
36
Closed
21
Calls
$701K
Puts
$151K
Net Calls
+$550K
Net Calls Change
+$696K
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$756K -$1.26M -41,397 -67%
RSC
27
Red Spruce Capital
Pennsylvania
$709K
BMSSC
28
B. Metzler seel. Sohn & Co
Germany
$686K +$555K +18,250 New
Wells Fargo
29
Wells Fargo
California
$656K -$9.7K -319 -2%
Connor, Clark & Lunn Investment Management (CC&L)
30
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$630K +$126K +4,143 +32%
Two Sigma Advisers
31
Two Sigma Advisers
New York
$600K -$384K -12,620 -44%
PPA
32
Parametric Portfolio Associates
Washington
$559K +$205K +6,728 +81%
California Public Employees Retirement System
33
California Public Employees Retirement System
California
$553K -$334 -11 -0.1%
TD Asset Management
34
TD Asset Management
Ontario, Canada
$532K +$78.7K +2,590 +22%
D.E. Shaw & Co
35
D.E. Shaw & Co
New York
$517K -$120K -3,935 -22%
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$497K +$80.1K +2,633 +25%
Susquehanna International Group
37
Susquehanna International Group
Pennsylvania
$459K +$292K +9,615 +355%
AC
38
Apogem Capital
New York
$422K +$345K +11,338 New
WG
39
Winton Group
United Kingdom
$407K -$292K -9,611 -47%
RJA
40
Raymond James & Associates
Florida
$401K -$3.22K -106 -1%
California State Teachers Retirement System (CalSTRS)
41
California State Teachers Retirement System (CalSTRS)
California
$350K
UBS Group
42
UBS Group
Switzerland
$296K +$103K +3,385 +74%
Deutsche Bank
43
Deutsche Bank
Germany
$277K -$136K -4,458 -37%
Simplex Trading
44
Simplex Trading
Illinois
$258K +$198K +6,520 +1,509%
Squarepoint
45
Squarepoint
New York
$245K -$139K -4,583 -41%
AllianceBernstein
46
AllianceBernstein
Tennessee
$245K -$76K -2,500 -28%
BCM
47
Brookstone Capital Management
Illinois
$244K +$98.3K +3,234 +98%
FI
48
FormulaFolio Investments
Michigan
$244K +$199K +6,547 New
IA
49
IndexIQ Advisors
New York
$239K +$20.2K +664 +12%
Morgan Stanley
50
Morgan Stanley
New York
$203K +$137K +4,515 +486%

NCMI Hedge Fund Activity: Q4 2020 in Review

102 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q4 2020, worth a combined $225M — up 30% from $174M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of NCMI and 16 opened new positions — a net loss of 5 holders — while 36 trimmed existing stakes and 38 added.

The largest buyer was JP Morgan Chase, adding an estimated $2.27M. The largest seller was Bank of New York Mellon, cutting an estimated $2.29M.

  • 102 institutional investors held National CineMedia (NCMI) as of Q4 2020, down from 109 in Q3 2020.
  • Funds reported $225M of National CineMedia stock for Q4 2020, up 30% quarter-over-quarter.
  • 16 funds opened new National CineMedia positions in Q4 2020 and 21 closed out, a net change of -5 holders.
  • The largest National CineMedia buyer in Q4 2020 was JP Morgan Chase, an estimated $2.27M added.
  • The largest National CineMedia seller in Q4 2020 was Bank of New York Mellon, an estimated $2.29M sold.

Based on aggregated 13F filings for Q4 2020.