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National CineMedia

147 hedge funds and large institutions have $746M invested in National CineMedia in 2018 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 53 increasing their positions, 41 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

363% more call options, than puts

Call options by funds: $5.39M | Put options by funds: $1.17M

63% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 19

31% more capital invested

Capital invested by funds: $571M → $746M (+$175M)

29% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 41

7% more funds holding

Funds holding: 137147 (+10)

0.32% more ownership

Funds ownership: 8.61%8.92% (+0.32%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
147
Holders Change
+10
Holders Change %
+7.3%
% of All Funds
3.36%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
31
Increased
53
Reduced
41
Closed
19
Calls
$5.39M
Puts
$1.17M
Net Calls
+$4.23M
Net Calls Change
+$2.55M
Name Holding Trade Value Shares
Change
Change in
Stake
Nisa Investment Advisors
76
Nisa Investment Advisors
Missouri
$629K +$25.8K +290 +5%
EGM
77
Engineers Gate Manager
New York
$605K -$200K -2,253 -28%
CS
78
Credit Suisse
Switzerland
$600K -$208K -2,339 -29%
TA
79
Teton Advisors
New York
$593K
SFI
80
Susquehanna Fundamental Investments
Pennsylvania
$585K
AIG
81
American International Group
New York
$542K +$8.17K +92 +2%
SIM
82
Spark Investment Management
New York
$537K +$451K +5,080 New
Manulife (Manufacturers Life Insurance)
83
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$535K -$70.4K -793 -14%
State Board of Administration of Florida Retirement System
84
State Board of Administration of Florida Retirement System
Florida
$533K +$53K +597 +13%
ECM
85
Element Capital Management
New York
$532K +$291K +3,281 +188%
Bank of America
86
Bank of America
North Carolina
$509K +$155K +1,749 +57%
PP
87
Paloma Partners
Connecticut
$507K +$425K +4,789 New
UBS AM
88
UBS AM
Illinois
$478K
GF
89
Gabelli Funds
New York
$471K -$311K -3,500 -44%
AG
90
Aperio Group
California
$441K -$21.5K -242 -5%
SRAM
91
Stone Ridge Asset Management
New York
$383K
NSEDCP
92
NJ State Employees Deferred Compensation Plan
New Jersey
$371K -$400K -4,500 -56%
Legal & General Group
93
Legal & General Group
United Kingdom
$366K +$90.8K +1,023 +42%
MWNA
94
Marshall Wace North America
New York
$366K +$307K +3,456 New
GI
95
GAMCO Investors
Connecticut
$360K
SAM
96
Silphium Asset Management
United Kingdom
$343K +$288K +3,240 New
T. Rowe Price Associates
97
T. Rowe Price Associates
Maryland
$337K -$6.66K -75 -2%
VOYA Investment Management
98
VOYA Investment Management
Georgia
$330K
Squarepoint
99
Squarepoint
New York
$326K -$221K -2,489 -45%
MIM
100
MetLife Investment Management
New Jersey
$321K

NCMI Hedge Fund Activity: Q3 2018 in Review

147 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q3 2018, worth a combined $746M — up 31% from $571M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new NCMI positions and 19 closed out — a net gain of 12 holders — while 53 added to existing stakes and 41 trimmed.

The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $23.1M. The largest seller was Oaktree Capital Management, exiting entirely with an estimated $10.9M sold.

  • 147 institutional investors held National CineMedia (NCMI) as of Q3 2018, up from 137 in Q2 2018.
  • Funds reported $746M of National CineMedia stock for Q3 2018, up 31% quarter-over-quarter.
  • 31 funds opened new National CineMedia positions in Q3 2018 and 19 closed out, a net change of +12 holders.
  • The largest National CineMedia buyer in Q3 2018 was Mirae Asset Global Investments, an estimated $23.1M added.
  • The largest National CineMedia seller in Q3 2018 was Oaktree Capital Management, an estimated $10.9M sold.

Based on aggregated 13F filings for Q3 2018.