National CineMedia
NCMI
133 hedge funds and large institutions have $352M invested in National CineMedia in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 41 increasing their positions, 54 reducing their positions, and 19 closing their positions.
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
3% more funds holding
Funds holding: 129 → 133 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.15% less ownership
Funds ownership: 8.7% → 8.55% (-0.15%)
24% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 54
25% less capital invested
Capital invested by funds: $468M → $352M (-$117M)
53% less call options, than puts
Call options by funds: $431K | Put options by funds: $922K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GXMC
Global X Management Company
New York
|
+$16M |
| 2 |
SG
Standard General
New York
|
+$7.51M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.14M |
| 4 |
BA
Broadview Advisors
Milwaukee,
Wisconsin
|
+$1.95M |
| 5 |
SG Americas Securities
New York
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.68M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$5.46M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$5.31M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$4.5M |
| 5 |
Millennium Management
New York
|
-$3.72M |
NCMI Hedge Fund Activity: Q1 2018 in Review
133 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q1 2018, worth a combined $352M — down 25% from $468M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NCMI positions and 19 closed out — a net gain of 4 holders — while 41 added to existing stakes and 54 trimmed.
The largest buyer was Global X Management Company, opening a new position worth an estimated $16M. The largest seller was Citadel Advisors, cutting an estimated $6.68M.
- 133 institutional investors held National CineMedia (NCMI) as of Q1 2018, up from 129 in Q4 2017.
- Funds reported $352M of National CineMedia stock for Q1 2018, down 25% quarter-over-quarter.
- 23 funds opened new National CineMedia positions in Q1 2018 and 19 closed out, a net change of +4 holders.
- The largest National CineMedia buyer in Q1 2018 was Global X Management Company, an estimated $16M added.
- The largest National CineMedia seller in Q1 2018 was Citadel Advisors, an estimated $6.68M sold.
Based on aggregated 13F filings for Q1 2018.