National CineMedia
NCMI
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.
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: 2 → 2 (0)
1.36% less ownership
Funds ownership: 9.72% → 8.37% (-1.4%)
13% less funds holding
Funds holding: 137 → 119 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Standard General
New York
|
+$3.79M |
| 2 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$2.92M |
| 3 |
JP Morgan Chase
New York
|
+$2.74M |
| 4 |
Goldman Sachs
New York
|
+$1.79M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$33.4M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$9.18M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.07M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.62M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$989K |
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.