National CineMedia
NCMI
147 hedge funds and large institutions have $468M invested in National CineMedia in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 59 increasing their positions, 44 reducing their positions, and 24 closing their positions.
181% more call options, than puts
Call options by funds: $651K | Put options by funds: $232K
34% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 44
4% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 24
0.22% more ownership
Funds ownership: 8.92% → 9.14% (+0.22%)
0% more funds holding
Funds holding: 147 → 147 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
37% less capital invested
Capital invested by funds: $746M → $468M (-$278M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$3.77M |
| 2 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
+$3.68M |
| 3 |
DG
Delek Group
Herzliya,
Israel
|
+$3.65M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$3.65M |
| 5 |
SG
Standard General
New York
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.61M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$3.64M |
| 3 |
Morgan Stanley
New York
|
-$3.07M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.04M |
| 5 |
Bank of New York Mellon
New York
|
-$2.26M |
NCMI Hedge Fund Activity: Q4 2018 in Review
147 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q4 2018, worth a combined $468M — down 37% from $746M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NCMI positions and 24 closed out — a net gain of 1 holder — while 59 added to existing stakes and 44 trimmed.
The largest buyer was Greenhouse Funds, adding an estimated $3.77M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $5.61M sold.
- 147 institutional investors held National CineMedia (NCMI) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $468M of National CineMedia stock for Q4 2018, down 37% quarter-over-quarter.
- 25 funds opened new National CineMedia positions in Q4 2018 and 24 closed out, a net change of +1 holder.
- The largest National CineMedia buyer in Q4 2018 was Greenhouse Funds, an estimated $3.77M added.
- The largest National CineMedia seller in Q4 2018 was Arrowstreet Capital, an estimated $5.61M sold.
Based on aggregated 13F filings for Q4 2018.