National CineMedia
NCMI
75 hedge funds and large institutions have $326M invested in National CineMedia in 2024 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 26 closing their positions.
6,145% more call options, than puts
Call options by funds: $3.06M | Put options by funds: $49K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 20
1.54% more ownership
Funds ownership: 75.42% → 76.96% (+1.5%)
9% less funds holding
Funds holding: 82 → 75 (-7)
13% less capital invested
Capital invested by funds: $377M → $326M (-$50.7M)
27% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$18.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.61M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$4.63M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$3.38M |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$2.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$7.83M |
| 2 |
Morgan Stanley
New York
|
-$5.76M |
| 3 |
Goldman Sachs
New York
|
-$4.84M |
| 4 |
Millennium Management
New York
|
-$4.59M |
| 5 |
Barclays
London,
United Kingdom
|
-$3.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
T. Rowe Price Associates
Baltimore,
Maryland
| – | +$109K | +22,665 | New |
|
NCMI Hedge Fund Activity: Q2 2024 in Review
75 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q2 2024, worth a combined $326M — down 13% from $377M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of NCMI and 19 opened new positions — a net loss of 7 holders — while 20 trimmed existing stakes and 24 added.
The largest buyer was BlackRock, adding an estimated $18.5M. The largest seller was AllianceBernstein, cutting an estimated $7.83M.
- 75 institutional investors held National CineMedia (NCMI) as of Q2 2024, down from 82 in Q1 2024.
- Funds reported $326M of National CineMedia stock for Q2 2024, down 13% quarter-over-quarter.
- 19 funds opened new National CineMedia positions in Q2 2024 and 26 closed out, a net change of -7 holders.
- The largest National CineMedia buyer in Q2 2024 was BlackRock, an estimated $18.5M added.
- The largest National CineMedia seller in Q2 2024 was AllianceBernstein, an estimated $7.83M sold.
Based on aggregated 13F filings for Q2 2024.