National CineMedia
NCMI
152 hedge funds and large institutions have $719M invested in National CineMedia in 2017 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 61 increasing their positions, 43 reducing their positions, and 19 closing their positions.
89% more call options, than puts
Call options by funds: $34K | Put options by funds: $18K
84% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 19
42% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 43
8% more funds holding
Funds holding: 141 → 152 (+11)
0.74% less ownership
Funds ownership: 91.27% → 90.53% (-0.74%)
14% less capital invested
Capital invested by funds: $839M → $719M (-$120M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$53.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$13.2M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$10.6M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$9.97M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$22.9M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$19.1M |
| 3 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$11.5M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$11.3M |
| 5 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$8.13M |
NCMI Hedge Fund Activity: Q1 2017 in Review
152 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q1 2017, worth a combined $719M — down 14% from $839M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new NCMI positions and 19 closed out — a net gain of 16 holders — while 61 added to existing stakes and 43 trimmed.
The largest buyer was BlackRock, adding an estimated $53.5M. The largest seller was Janus Henderson Investors US, cutting an estimated $22.9M.
- 152 institutional investors held National CineMedia (NCMI) as of Q1 2017, up from 141 in Q4 2016.
- Funds reported $719M of National CineMedia stock for Q1 2017, down 14% quarter-over-quarter.
- 35 funds opened new National CineMedia positions in Q1 2017 and 19 closed out, a net change of +16 holders.
- The largest National CineMedia buyer in Q1 2017 was BlackRock, an estimated $53.5M added.
- The largest National CineMedia seller in Q1 2017 was Janus Henderson Investors US, an estimated $22.9M sold.
Based on aggregated 13F filings for Q1 2017.