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National CineMedia

119 hedge funds and large institutions have $198M invested in National CineMedia in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more call options, than puts

Call options by funds: $186K | Put options by funds: $126K

18% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 38

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.36% less ownership

Funds ownership: 9.72%8.37% (-1.4%)

13% less funds holding

Funds holding: 137119 (-18)

21% less capital invested

Capital invested by funds: $252M → $198M (-$54M)

49% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 37

Holders
119
Holders Change
-18
Holders Change %
-13.14%
% of All Funds
2.44%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
19
Increased
45
Reduced
38
Closed
37
Calls
$186K
Puts
$126K
Net Calls
+$60K
Net Calls Change
+$83K
Name Holding Trade Value Shares
Change
Change in
Stake
Ohio Public Employees Retirement System (OPERS)
101
Ohio Public Employees Retirement System (OPERS)
Ohio
$31K +$4.03K +134 +15%
Lazard Asset Management
102
Lazard Asset Management
New York
$30K -$1.17K -39 -4%
Federated Hermes
103
Federated Hermes
Pennsylvania
$27K -$246K -8,174 -90%
Macquarie Group
104
Macquarie Group
Australia
$22K +$22.1K +736 New
Zurich Cantonal Bank
105
Zurich Cantonal Bank
Switzerland
$20K
AIP
106
Ameritas Investment Partners
Nebraska
$16K
BNP Paribas Financial Markets
107
BNP Paribas Financial Markets
France
$14.3K -$48K -1,597 -77%
Osaic Holdings
108
Osaic Holdings
Arizona
$13K +$4.93K +164 +59%
MAM
109
Meeder Asset Management
Ohio
$11K -$1.8K -60 -15%
NSIM
110
North Star Investment Management
Illinois
$9K -$181K -6,023 -95%
QT
111
Quantbot Technologies
New York
$7K +$7.21K +240 New
CAPTRUST Financial Advisors
112
CAPTRUST Financial Advisors
North Carolina
$2K +$2.25K +75 New
CAN
113
Cetera Advisor Networks
California
$2K +$2.46K +82 New
Group One Trading
114
Group One Trading
Illinois
$1K -$841 -28 -48%
FDCDDQ
115
Federation des caisses Desjardins du Quebec
Quebec, Canada
$297
ACH
116
ArrowMark Colorado Holdings
Colorado
-$33.4M -1,024,678 Closed
Mirae Asset Global Investments
117
Mirae Asset Global Investments
South Korea
-$9.18M -281,582 Closed
MAM
118
Martingale Asset Management
Massachusetts
-$1.62M -49,637 Closed
State of New Jersey Common Pension Fund D
119
State of New Jersey Common Pension Fund D
New Jersey
-$989K -30,352 Closed
Bessemer Group
120
Bessemer Group
New Jersey
-$761K -23,350 Closed
CCM
121
Cadence Capital Management
Massachusetts
-$683K -20,947 Closed
MERSOM
122
Municipal Employees' Retirement System of Michigan
Michigan
-$306K -9,393 Closed
Truist Financial
123
Truist Financial
North Carolina
-$215K -6,607 Closed
SGAM
124
Smith Group Asset Management
Texas
-$196K -6,020 Closed
CIP
125
Cornerstone Investment Partners
Georgia
-$188K -5,774 Closed

NCMI Hedge Fund Activity: Q2 2020 in Review

119 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q2 2020, worth a combined $198M — down 21% from $252M a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of NCMI and 19 opened new positions — a net loss of 18 holders — while 38 trimmed existing stakes and 45 added.

The largest buyer was Standard General, adding an estimated $3.79M. The largest seller was ArrowMark Colorado Holdings, exiting entirely with an estimated $33.4M sold.

  • 119 institutional investors held National CineMedia (NCMI) as of Q2 2020, down from 137 in Q1 2020.
  • Funds reported $198M of National CineMedia stock for Q2 2020, down 21% quarter-over-quarter.
  • 19 funds opened new National CineMedia positions in Q2 2020 and 37 closed out, a net change of -18 holders.
  • The largest National CineMedia buyer in Q2 2020 was Standard General, an estimated $3.79M added.
  • The largest National CineMedia seller in Q2 2020 was ArrowMark Colorado Holdings, an estimated $33.4M sold.

Based on aggregated 13F filings for Q2 2020.