National CineMedia
NCMI
143 hedge funds and large institutions have $540M invested in National CineMedia in 2019 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 55 reducing their positions, and 22 closing their positions.
152% more call options, than puts
Call options by funds: $869K | Put options by funds: $345K
0.11% more ownership
Funds ownership: 9.24% → 9.35% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 151 → 143 (-8)
10% less capital invested
Capital invested by funds: $598M → $540M (-$57.7M)
15% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 55
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$10.4M |
| 2 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$8.13M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.47M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$1.66M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
-$7.14M |
| 2 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$3.77M |
| 3 |
Bank of New York Mellon
New York
|
-$3.22M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$2.5M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$2.34M |
NCMI Hedge Fund Activity: Q4 2019 in Review
143 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q4 2019, worth a combined $540M — down 9.7% from $598M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NCMI and 16 opened new positions — a net loss of 6 holders — while 55 trimmed existing stakes and 47 added.
The largest buyer was Wasatch Advisors, adding an estimated $10.4M. The largest seller was Prospect Capital Advisors, cutting an estimated $7.14M.
- 143 institutional investors held National CineMedia (NCMI) as of Q4 2019, down from 151 in Q3 2019.
- Funds reported $540M of National CineMedia stock for Q4 2019, down 9.7% quarter-over-quarter.
- 16 funds opened new National CineMedia positions in Q4 2019 and 22 closed out, a net change of -6 holders.
- The largest National CineMedia buyer in Q4 2019 was Wasatch Advisors, an estimated $10.4M added.
- The largest National CineMedia seller in Q4 2019 was Prospect Capital Advisors, an estimated $7.14M sold.
Based on aggregated 13F filings for Q4 2019.