National CineMedia
NCMI
65 hedge funds and large institutions have $302M invested in National CineMedia in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 9 closing their positions.
40,350% more call options, than puts
Call options by funds: $809K | Put options by funds: $2K
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
97% more capital invested
Capital invested by funds: $153M → $302M (+$149M)
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40.1% more ownership
Funds ownership: 35.25% → 75.34% (+40%)
27% more funds holding
Funds holding: 51 → 65 (+14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$12.2M |
| 2 |
Morgan Stanley
New York
|
+$10.4M |
| 3 |
First Eagle Investment Management
New York
|
+$5.77M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.03M |
| 5 |
Goldman Sachs
New York
|
+$4.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CastleKnight Management
New York
|
-$837K |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$748K |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$698K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$500K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$212K |
NCMI Hedge Fund Activity: Q4 2023 in Review
65 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q4 2023, worth a combined $302M — up 97% from $153M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NCMI positions and 9 closed out — a net gain of 14 holders — while 18 added to existing stakes and 10 trimmed.
The largest buyer was Barclays, opening a new position worth an estimated $12.2M. The largest seller was CastleKnight Management, exiting entirely with an estimated $837K sold.
- 65 institutional investors held National CineMedia (NCMI) as of Q4 2023, up from 51 in Q3 2023.
- Funds reported $302M of National CineMedia stock for Q4 2023, up 97% quarter-over-quarter.
- 23 funds opened new National CineMedia positions in Q4 2023 and 9 closed out, a net change of +14 holders.
- The largest National CineMedia buyer in Q4 2023 was Barclays, an estimated $12.2M added.
- The largest National CineMedia seller in Q4 2023 was CastleKnight Management, an estimated $837K sold.
Based on aggregated 13F filings for Q4 2023.