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National CineMedia

147 hedge funds and large institutions have $468M invested in National CineMedia in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 59 increasing their positions, 44 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

181% more call options, than puts

Call options by funds: $651K | Put options by funds: $232K

34% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 44

4% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 24

0.22% more ownership

Funds ownership: 8.92%9.14% (+0.22%)

0% more funds holding

Funds holding: 147147 (0)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

37% less capital invested

Capital invested by funds: $746M → $468M (-$278M)

Holders
147
Holders Change
Holders Change %
0%
% of All Funds
3.28%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
25
Increased
59
Reduced
44
Closed
24
Calls
$651K
Puts
$232K
Net Calls
+$419K
Net Calls Change
-$3.81M
Name Holding Trade Value Shares
Change
Change in
Stake
SG
1
Standard General
New York
$99.3M +$3.57M +45,424 +3%
ACH
2
ArrowMark Colorado Holdings
Colorado
$63M +$1.51M +19,157 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$40.1M -$3.04M -38,610 -6%
BlackRock
4
BlackRock
New York
$34.2M +$984K +12,516 +2%
Mirae Asset Global Investments
5
Mirae Asset Global Investments
South Korea
$17.1M +$245K +3,113 +1%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$16.9M +$533K +6,773 +3%
GF
7
Greenhouse Funds
Maryland
$15.1M +$3.77M +47,935 +26%
State of New Jersey Common Pension Fund D
8
State of New Jersey Common Pension Fund D
New Jersey
$12.7M +$944K +12,000 +7%
State Street
9
State Street
Massachusetts
$11.8M -$176K -2,239 -1%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$10.2M -$2.26M -28,703 -15%
TAM
11
TFG Asset Management
Cayman Islands
$9.94M +$3.68M +46,842 +44%
Northern Trust
12
Northern Trust
Illinois
$9.79M +$3.56M +45,221 +43%
Norges Bank
13
Norges Bank
Norway
$9.72M
DG
14
Delek Group
Israel
$6.99M +$3.65M +46,450 +79%
TSW
15
Thompson Siegel & Walmsley
Virginia
$6.59M +$645K +8,207 +9%
MVP
16
Miller Value Partners
Florida
$6.16M +$1.73M +22,000 +30%
Charles Schwab
17
Charles Schwab
California
$5.73M -$375K -4,773 -5%
Renaissance Technologies
18
Renaissance Technologies
New York
$5.72M +$2.98M +37,861 +75%
Invesco
19
Invesco
Georgia
$5.48M +$384K +4,879 +6%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$5.07M +$1.01M +12,857 +20%
Allianz Asset Management
21
Allianz Asset Management
Germany
$4.51M +$3.65M +46,439 +200%
MIP
22
Mondrian Investment Partners
United Kingdom
$4.24M +$379K +4,822 +8%
NSIM
23
North Star Investment Management
Illinois
$3.78M +$403K +5,129 +10%
BA
24
Broadview Advisors
Wisconsin
$3.76M +$234K +2,973 +5%
CPIM
25
Columbia Partners Investment Management
Virginia
$3.75M +$208K +2,648 +5%

NCMI Hedge Fund Activity: Q4 2018 in Review

147 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q4 2018, worth a combined $468M — down 37% from $746M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new NCMI positions and 24 closed out — a net gain of 1 holder — while 59 added to existing stakes and 44 trimmed.

The largest buyer was Greenhouse Funds, adding an estimated $3.77M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $5.61M sold.

  • 147 institutional investors held National CineMedia (NCMI) as of Q4 2018, unchanged from Q3 2018.
  • Funds reported $468M of National CineMedia stock for Q4 2018, down 37% quarter-over-quarter.
  • 25 funds opened new National CineMedia positions in Q4 2018 and 24 closed out, a net change of +1 holder.
  • The largest National CineMedia buyer in Q4 2018 was Greenhouse Funds, an estimated $3.77M added.
  • The largest National CineMedia seller in Q4 2018 was Arrowstreet Capital, an estimated $5.61M sold.

Based on aggregated 13F filings for Q4 2018.