National CineMedia
NCMI
102 hedge funds and large institutions have $225M invested in National CineMedia in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 36 reducing their positions, and 21 closing their positions.
364% more call options, than puts
Call options by funds: $701K | Put options by funds: $151K
29% more capital invested
Capital invested by funds: $174M → $225M (+$50.5M)
6% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 36
4.55% less ownership
Funds ownership: 80.42% → 75.88% (-4.5%)
6% less funds holding
Funds holding: 109 → 102 (-7)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.27M |
| 2 |
Millennium Management
New York
|
+$1.4M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$787K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$612K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$577K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$2.29M |
| 2 |
Renaissance Technologies
New York
|
-$1.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.64M |
| 4 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
-$1.37M |
| 5 |
Goldman Sachs
New York
|
-$1.26M |
NCMI Hedge Fund Activity: Q4 2020 in Review
102 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q4 2020, worth a combined $225M — up 29% from $174M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NCMI and 16 opened new positions — a net loss of 5 holders — while 36 trimmed existing stakes and 38 added.
The largest buyer was JP Morgan Chase, adding an estimated $2.27M. The largest seller was Bank of New York Mellon, cutting an estimated $2.29M.
- 102 institutional investors held National CineMedia (NCMI) as of Q4 2020, down from 109 in Q3 2020.
- Funds reported $225M of National CineMedia stock for Q4 2020, up 29% quarter-over-quarter.
- 16 funds opened new National CineMedia positions in Q4 2020 and 21 closed out, a net change of -5 holders.
- The largest National CineMedia buyer in Q4 2020 was JP Morgan Chase, an estimated $2.27M added.
- The largest National CineMedia seller in Q4 2020 was Bank of New York Mellon, an estimated $2.29M sold.
Based on aggregated 13F filings for Q4 2020.