National CineMedia
NCMI
138 hedge funds and large institutions have $411M invested in National CineMedia in 2017 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 33 reducing their positions, and 41 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 33
2.51% less ownership
Funds ownership: 90.53% → 88.02% (-2.5%)
9% less funds holding
Funds holding: 152 → 138 (-14)
29% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 41
43% less capital invested
Capital invested by funds: $719M → $411M (-$308M)
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $377K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$34.3M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$17.8M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$9.24M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$8.36M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$7.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.6M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$15.3M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$11.9M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$8.61M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$8.31M |
NCMI Hedge Fund Activity: Q2 2017 in Review
138 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q2 2017, worth a combined $411M — down 43% from $719M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of NCMI and 29 opened new positions — a net loss of 12 holders — while 33 trimmed existing stakes and 59 added.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $34.3M. The largest seller was Wellington Management Group, cutting an estimated $24.6M.
- 138 institutional investors held National CineMedia (NCMI) as of Q2 2017, down from 152 in Q1 2017.
- Funds reported $411M of National CineMedia stock for Q2 2017, down 43% quarter-over-quarter.
- 29 funds opened new National CineMedia positions in Q2 2017 and 41 closed out, a net change of -12 holders.
- The largest National CineMedia buyer in Q2 2017 was Janus Henderson Group, an estimated $34.3M added.
- The largest National CineMedia seller in Q2 2017 was Wellington Management Group, an estimated $24.6M sold.
Based on aggregated 13F filings for Q2 2017.