National CineMedia
NCMI
134 hedge funds and large institutions have $1.04B invested in National CineMedia in 2014 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 54 increasing their positions, 40 reducing their positions, and 24 closing their positions.
38% more call options, than puts
Call options by funds: $585K | Put options by funds: $425K
35% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 40
20% more capital invested
Capital invested by funds: $870M → $1.04B (+$175M)
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
1% more funds holding
Funds holding: 133 → 134 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
+$19.9M |
| 2 |
Morgan Stanley
New York
|
+$12.9M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$12.2M |
| 4 |
WIM
Weitz Investment Management
Omaha,
Nebraska
|
+$12.2M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$23.4M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$22.8M |
| 3 |
JP Morgan Chase
New York
|
-$15.3M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$7.43M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$4.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ST
151
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$175K | -1,167 | Closed |
|
|
HIM
152
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$53K | -350 | Closed |
|
|
TRCT
153
Tower Research Capital (TRC)
New York
| – | -$32K | -212 | Closed |
|
154
Nordea Investment Management
Stockholm,
Sweden
| – | -$26K | -170 | Closed |
|
|
EFSCE
155
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$7K | -48 | Closed |
|
156
Lazard Asset Management
New York
| – | -$3K | -23 | Closed |
|
157
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$159 | +1 | New |
|
NCMI Hedge Fund Activity: Q2 2014 in Review
134 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q2 2014, worth a combined $1.04B — up 20% from $870M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NCMI positions and 24 closed out — a net gain of 2 holders — while 54 added to existing stakes and 40 trimmed.
The largest buyer was Onex Canada Asset Management, opening a new position worth an estimated $19.9M. The largest seller was AllianceBernstein, cutting an estimated $23.4M.
- 134 institutional investors held National CineMedia (NCMI) as of Q2 2014, up from 133 in Q1 2014.
- Funds reported $1.04B of National CineMedia stock for Q2 2014, up 20% quarter-over-quarter.
- 26 funds opened new National CineMedia positions in Q2 2014 and 24 closed out, a net change of +2 holders.
- The largest National CineMedia buyer in Q2 2014 was Onex Canada Asset Management, an estimated $19.9M added.
- The largest National CineMedia seller in Q2 2014 was AllianceBernstein, an estimated $23.4M sold.
Based on aggregated 13F filings for Q2 2014.