National CineMedia
NCMI
152 hedge funds and large institutions have $889M invested in National CineMedia in 2015 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 49 reducing their positions, and 17 closing their positions.
3,046% more call options, than puts
Call options by funds: $6.01M | Put options by funds: $191K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
31% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 49
17% more capital invested
Capital invested by funds: $757M → $889M (+$132M)
4% more funds holding
Funds holding: 146 → 152 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$7.15M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.05M |
| 3 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$5.5M |
| 4 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
+$3.57M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
Weitz Investment Management
Omaha,
Nebraska
|
-$6.54M |
| 2 |
BAMCO Inc
New York
|
-$5.81M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
-$5.08M |
| 4 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$4.52M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$4.03M |
NCMI Hedge Fund Activity: Q4 2015 in Review
152 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q4 2015, worth a combined $889M — up 17% from $757M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NCMI positions and 17 closed out — a net gain of 7 holders — while 64 added to existing stakes and 49 trimmed.
The largest buyer was Cardinal Capital Management LLC (Connecticut), adding an estimated $7.15M. The largest seller was Weitz Investment Management, cutting an estimated $6.54M.
- 152 institutional investors held National CineMedia (NCMI) as of Q4 2015, up from 146 in Q3 2015.
- Funds reported $889M of National CineMedia stock for Q4 2015, up 17% quarter-over-quarter.
- 24 funds opened new National CineMedia positions in Q4 2015 and 17 closed out, a net change of +7 holders.
- The largest National CineMedia buyer in Q4 2015 was Cardinal Capital Management LLC (Connecticut), an estimated $7.15M added.
- The largest National CineMedia seller in Q4 2015 was Weitz Investment Management, an estimated $6.54M sold.
Based on aggregated 13F filings for Q4 2015.