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National CineMedia

119 hedge funds and large institutions have $198M invested in National CineMedia in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more call options, than puts

Call options by funds: $186K | Put options by funds: $126K

18% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 38

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.36% less ownership

Funds ownership: 9.72%8.37% (-1.4%)

13% less funds holding

Funds holding: 137119 (-18)

21% less capital invested

Capital invested by funds: $252M → $198M (-$54M)

49% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 37

Holders
119
Holders Change
-18
Holders Change %
-13.14%
% of All Funds
2.44%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
19
Increased
45
Reduced
38
Closed
37
Calls
$186K
Puts
$126K
Net Calls
+$60K
Net Calls Change
+$83K
Name Holding Trade Value Shares
Change
Change in
Stake
SG
1
Standard General
New York
$57.1M +$3.79M +125,972 +7%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$19M +$211K +7,021 +1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$14.6M -$6.07M -201,955 -29%
BlackRock
4
BlackRock
New York
$14.4M +$621K +20,654 +4%
WA
5
Wasatch Advisors
Utah
$12.2M +$1.6M +53,193 +15%
GF
6
Greenhouse Funds
Maryland
$11.6M -$98.8K -3,288 -0.8%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$7.04M -$476K -15,854 -6%
Renaissance Technologies
8
Renaissance Technologies
New York
$5.98M +$1.34M +44,620 +28%
State Street
9
State Street
Massachusetts
$4.25M -$85.1K -2,833 -2%
Northern Trust
10
Northern Trust
Illinois
$4.16M -$48K -1,596 -1%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$3.67M +$106K +3,543 +3%
KM
12
Kalos Management
Georgia
$3.58M -$42.9K -1,426 -1%
JP Morgan Chase
13
JP Morgan Chase
New York
$3.06M +$2.74M +91,220 +763%
Charles Schwab
14
Charles Schwab
California
$2.93M +$46.1K +1,533 +2%
NGA
15
New Generation Advisors
Massachusetts
$2.89M +$2.92M +97,328 New
Geode Capital Management
16
Geode Capital Management
Massachusetts
$2.87M +$21.7K +721 +0.8%
Goldman Sachs
17
Goldman Sachs
New York
$2.1M +$1.79M +59,650 +535%
Invesco
18
Invesco
Georgia
$1.96M -$367K -12,226 -16%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$1.81M +$244K +8,107 +15%
Citadel Advisors
20
Citadel Advisors
Florida
$1.6M +$498K +16,586 +45%
Hudson Bay Capital Management
21
Hudson Bay Capital Management
Connecticut
$1.56M +$1.58M +52,631 New
PF
22
Phoenix Financial
Israel
$1.25M
N
23
Nuveen
North Carolina
$1.17M +$96.3K +3,206 +9%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$1.06M +$227K +7,540 +27%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$885K +$895K +29,792 New

NCMI Hedge Fund Activity: Q2 2020 in Review

119 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q2 2020, worth a combined $198M — down 21% from $252M a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of NCMI and 19 opened new positions — a net loss of 18 holders — while 38 trimmed existing stakes and 45 added.

The largest buyer was Standard General, adding an estimated $3.79M. The largest seller was ArrowMark Colorado Holdings, exiting entirely with an estimated $33.4M sold.

  • 119 institutional investors held National CineMedia (NCMI) as of Q2 2020, down from 137 in Q1 2020.
  • Funds reported $198M of National CineMedia stock for Q2 2020, down 21% quarter-over-quarter.
  • 19 funds opened new National CineMedia positions in Q2 2020 and 37 closed out, a net change of -18 holders.
  • The largest National CineMedia buyer in Q2 2020 was Standard General, an estimated $3.79M added.
  • The largest National CineMedia seller in Q2 2020 was ArrowMark Colorado Holdings, an estimated $33.4M sold.

Based on aggregated 13F filings for Q2 2020.