National CineMedia
NCMI
82 hedge funds and large institutions have $377M invested in National CineMedia in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 12 closing their positions.
2,529% more call options, than puts
Call options by funds: $3.34M | Put options by funds: $127K
150% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 12
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
26% more funds holding
Funds holding: 65 → 82 (+17)
25% more capital invested
Capital invested by funds: $302M → $377M (+$74.7M)
0.08% more ownership
Funds ownership: 75.34% → 75.42% (+0.08%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$7.81M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$4.07M |
| 3 |
Goldman Sachs
New York
|
+$3.55M |
| 4 |
Millennium Management
New York
|
+$3.23M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$19.2M |
| 2 |
JP Morgan Chase
New York
|
-$5.35M |
| 3 |
Barclays
London,
United Kingdom
|
-$3.22M |
| 4 |
PAM
PSquared Asset Management
Zurich,
Switzerland
|
-$2.83M |
| 5 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$1.78M |
NCMI Hedge Fund Activity: Q1 2024 in Review
82 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q1 2024, worth a combined $377M — up 25% from $302M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new NCMI positions and 12 closed out — a net gain of 18 holders — while 24 added to existing stakes and 14 trimmed.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $7.81M. The largest seller was Morgan Stanley, cutting an estimated $19.2M.
- 82 institutional investors held National CineMedia (NCMI) as of Q1 2024, up from 65 in Q4 2023.
- Funds reported $377M of National CineMedia stock for Q1 2024, up 25% quarter-over-quarter.
- 30 funds opened new National CineMedia positions in Q1 2024 and 12 closed out, a net change of +18 holders.
- The largest National CineMedia buyer in Q1 2024 was Hotchkis & Wiley Capital Management, an estimated $7.81M added.
- The largest National CineMedia seller in Q1 2024 was Morgan Stanley, an estimated $19.2M sold.
Based on aggregated 13F filings for Q1 2024.