National CineMedia
NCMI
109 hedge funds and large institutions have $174M invested in National CineMedia in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 48 reducing their positions, and 21 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.32% less ownership
Funds ownership: 8.37% → 8.04% (-0.32%)
8% less funds holding
Funds holding: 119 → 109 (-10)
12% less capital invested
Capital invested by funds: $198M → $174M (-$24.6M)
40% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 48
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
71% less call options, than puts
Call options by funds: $59K | Put options by funds: $205K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.67M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$1.34M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$770K |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$608K |
| 5 |
SG
Standard General
New York
|
+$576K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.93M |
| 2 |
Renaissance Technologies
New York
|
-$2.35M |
| 3 |
BlackRock
New York
|
-$1.32M |
| 4 |
JP Morgan Chase
New York
|
-$1.27M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.21M |
NCMI Hedge Fund Activity: Q3 2020 in Review
109 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q3 2020, worth a combined $174M — down 12% from $198M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NCMI and 11 opened new positions — a net loss of 10 holders — while 48 trimmed existing stakes and 29 added.
The largest buyer was Wasatch Advisors, adding an estimated $1.67M. The largest seller was Vanguard Group, cutting an estimated $3.93M.
- 109 institutional investors held National CineMedia (NCMI) as of Q3 2020, down from 119 in Q2 2020.
- Funds reported $174M of National CineMedia stock for Q3 2020, down 12% quarter-over-quarter.
- 11 funds opened new National CineMedia positions in Q3 2020 and 21 closed out, a net change of -10 holders.
- The largest National CineMedia buyer in Q3 2020 was Wasatch Advisors, an estimated $1.67M added.
- The largest National CineMedia seller in Q3 2020 was Vanguard Group, an estimated $3.93M sold.
Based on aggregated 13F filings for Q3 2020.