National CineMedia
NCMI
126 hedge funds and large institutions have $840M invested in National CineMedia in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 53 increasing their positions, 45 reducing their positions, and 21 closing their positions.
151% more call options, than puts
Call options by funds: $970K | Put options by funds: $387K
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
18% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 45
2.9% less ownership
Funds ownership: 98.02% → 95.12% (-2.9%)
6% less funds holding
Funds holding: 134 → 126 (-8)
20% less capital invested
Capital invested by funds: $1.04B → $840M (-$205M)
33% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$11.4M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$6.94M |
| 3 |
KCM
KeyPoint Capital Management
Dallas,
Texas
|
+$5.3M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
+$3.76M |
| 5 |
WIM
Weitz Investment Management
Omaha,
Nebraska
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
-$22M |
| 2 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
-$20.8M |
| 3 |
BAMCO Inc
New York
|
-$15.3M |
| 4 |
BA
Broadview Advisors
Milwaukee,
Wisconsin
|
-$8.74M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$8.46M |
NCMI Hedge Fund Activity: Q3 2014 in Review
126 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q3 2014, worth a combined $840M — down 20% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NCMI and 14 opened new positions — a net loss of 7 holders — while 45 trimmed existing stakes and 53 added.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $11.4M. The largest seller was Onex Canada Asset Management, exiting entirely with an estimated $22M sold.
- 126 institutional investors held National CineMedia (NCMI) as of Q3 2014, down from 134 in Q2 2014.
- Funds reported $840M of National CineMedia stock for Q3 2014, down 20% quarter-over-quarter.
- 14 funds opened new National CineMedia positions in Q3 2014 and 21 closed out, a net change of -7 holders.
- The largest National CineMedia buyer in Q3 2014 was ArrowMark Colorado Holdings, an estimated $11.4M added.
- The largest National CineMedia seller in Q3 2014 was Onex Canada Asset Management, an estimated $22M sold.
Based on aggregated 13F filings for Q3 2014.