National CineMedia
NCMI
137 hedge funds and large institutions have $571M invested in National CineMedia in 2018 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 57 increasing their positions, 37 reducing their positions, and 26 closing their positions.
141% more call options, than puts
Call options by funds: $2.87M | Put options by funds: $1.19M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
62% more capital invested
Capital invested by funds: $352M → $571M (+$219M)
54% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 37
19% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 26
3% more funds holding
Funds holding: 133 → 137 (+4)
0.05% more ownership
Funds ownership: 8.55% → 8.61% (+0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
+$6.99M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.45M |
| 3 |
BlackRock
New York
|
+$6.34M |
| 4 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$3.56M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$10.7M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$10.3M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$3.71M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$3.68M |
| 5 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$3.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
151
Highbridge Capital Management
New York
| – | -$61K | -1,181 | Closed |
|
|
TI
152
Trexquant Investment
Stamford,
Connecticut
| – | -$59K | -1,146 | Closed |
|
153
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$59K | -1,141 | Closed |
|
|
VIA
154
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$62K | -1,060 | Closed |
|
155
Simplex Trading
Chicago,
Illinois
| – | -$49.1K | -724 | Closed |
|
156
ClearBridge Investments
New York
| – | -$10K | -192 | Closed |
|
157
SEI Investments
Oaks,
Pennsylvania
| – | -$10K | -185 | Closed |
|
|
LWM
158
Lenox Wealth Management
Cincinnati,
Ohio
| – | -$8K | -160 | Closed |
|
|
GT
159
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$5K | -76 | Closed |
|
|
IA
160
IFP Advisors
Tampa,
Florida
| – | -$3K | -45 | Closed |
|
NCMI Hedge Fund Activity: Q2 2018 in Review
137 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q2 2018, worth a combined $571M — up 62% from $352M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new NCMI positions and 26 closed out — a net gain of 5 holders — while 57 added to existing stakes and 37 trimmed.
The largest buyer was TFG Asset Management, opening a new position worth an estimated $6.99M. The largest seller was River Road Asset Management, exiting entirely with an estimated $10.7M sold.
- 137 institutional investors held National CineMedia (NCMI) as of Q2 2018, up from 133 in Q1 2018.
- Funds reported $571M of National CineMedia stock for Q2 2018, up 62% quarter-over-quarter.
- 31 funds opened new National CineMedia positions in Q2 2018 and 26 closed out, a net change of +5 holders.
- The largest National CineMedia buyer in Q2 2018 was TFG Asset Management, an estimated $6.99M added.
- The largest National CineMedia seller in Q2 2018 was River Road Asset Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q2 2018.