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National CineMedia

138 hedge funds and large institutions have $1.15B invested in National CineMedia in 2013 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 61 increasing their positions, 43 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more call options, than puts

Call options by funds: $90K | Put options by funds: $40K

42% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 43

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

6% more capital invested

Capital invested by funds: $1.08B → $1.15B (+$64.9M)

3% more funds holding

Funds holding: 134138 (+4)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
138
Holders Change
+4
Holders Change %
+2.99%
% of All Funds
4.01%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
17
Increased
61
Reduced
43
Closed
12
Calls
$90K
Puts
$40K
Net Calls
+$50K
Net Calls Change
-$63K
Name Holding Trade Value Shares
Change
Change in
Stake
JHIU
1
Janus Henderson Investors US
Colorado
$130M +$460K +2,469 +0.4%
AllianceBernstein
2
AllianceBernstein
Tennessee
$92.8M -$1.92M -10,296 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$66.3M +$7.43M +39,895 +14%
JP Morgan Chase
4
JP Morgan Chase
New York
$64.7M +$23.6M +126,583 +64%
TCM
5
TimesSquare Capital Management
New York
$54.8M +$1.01M +5,450 +2%
Ameriprise
6
Ameriprise
Minnesota
$53.2M +$278K +1,491 +0.6%
BAMCO Inc
7
BAMCO Inc
New York
$39.9M
SIMG
8
Stephens Investment Management Group
Texas
$37.2M +$1.27M +6,843 +4%
WIM
9
Weitz Investment Management
Nebraska
$35.6M -$1.3M -6,990 -4%
BIT
10
BlackRock Institutional Trust
California
$33.6M -$634K -3,406 -2%
RRAM
11
River Road Asset Management
Kentucky
$33.4M +$600K +3,221 +2%
ACH
12
ArrowMark Colorado Holdings
Colorado
$32.2M +$3.9M +20,963 +15%
BFA
13
BlackRock Fund Advisors
California
$30M -$24.6K -132 -0.1%
FCIM
14
Fairview Capital Investment Management
California
$25.7M -$6.12M -32,875 -20%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$23.3M +$1.88M +10,105 +9%
HCM
16
Hamlin Capital Management
New York
$23.1M -$6.7M -35,996 -24%
State Street
17
State Street
Massachusetts
$20.4M +$15.6K +84 +0.1%
OCM
18
OMT Capital Management
California
$17.4M +$498K +2,678 +3%
Northern Trust
19
Northern Trust
Illinois
$17.2M +$1.12M +6,026 +8%
SONJCPFA
20
State of New Jersey Common Pension Fund A
New Jersey
$15.4M
Loomis, Sayles & Company
21
Loomis, Sayles & Company
Massachusetts
$13.9M +$1.78M +9,579 +16%
BA
22
Broadview Advisors
Wisconsin
$13.6M +$3.29M +17,667 +35%
SOMRS
23
State of Michigan Retirement System
Michigan
$13M
O
24
OppenheimerFunds
New York
$12.6M +$862K +4,631 +8%
Invesco
25
Invesco
Georgia
$12.5M +$2.72M +14,609 +30%

NCMI Hedge Fund Activity: Q4 2013 in Review

138 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q4 2013, worth a combined $1.15B — up 6% from $1.08B a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new NCMI positions and 12 closed out — a net gain of 5 holders — while 61 added to existing stakes and 43 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $23.6M. The largest seller was Federated Hermes, cutting an estimated $11.3M.

  • 138 institutional investors held National CineMedia (NCMI) as of Q4 2013, up from 134 in Q3 2013.
  • Funds reported $1.15B of National CineMedia stock for Q4 2013, up 6% quarter-over-quarter.
  • 17 funds opened new National CineMedia positions in Q4 2013 and 12 closed out, a net change of +5 holders.
  • The largest National CineMedia buyer in Q4 2013 was JP Morgan Chase, an estimated $23.6M added.
  • The largest National CineMedia seller in Q4 2013 was Federated Hermes, an estimated $11.3M sold.

Based on aggregated 13F filings for Q4 2013.