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National CineMedia

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.

New
Increased
Maintained
Reduced
Closed

364% more call options, than puts

Call options by funds: $701K | Put options by funds: $151K

30% more capital invested

Capital invested by funds: $174M → $225M (+$51.3M)

6% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 36

0.45% less ownership

Funds ownership: 8.04%7.59% (-0.45%)

6% less funds holding

Funds holding: 109102 (-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: 32 (-1)

Holders
102
Holders Change
-7
Holders Change %
-6.42%
% of All Funds
1.8%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
16
Increased
38
Reduced
36
Closed
21
Calls
$701K
Puts
$151K
Net Calls
+$550K
Net Calls Change
+$696K
Name Holding Trade Value Shares
Change
Change in
Stake
SG
1
Standard General
New York
$72.2M
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$23.6M -$61.4K -2,020 -0.3%
WA
3
Wasatch Advisors
Utah
$18.2M +$787K +25,886 +6%
BlackRock
4
BlackRock
New York
$16.8M +$249K +8,182 +2%
GF
5
Greenhouse Funds
Maryland
$12.8M -$1.37M -45,146 -12%
Vanguard Group
6
Vanguard Group
Pennsylvania
$11.6M -$1.64M -54,027 -15%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$7.53M -$665K -21,883 -10%
JP Morgan Chase
8
JP Morgan Chase
New York
$5.11M +$2.27M +74,772 +119%
Northern Trust
9
Northern Trust
Illinois
$4.89M -$169K -5,552 -4%
State Street
10
State Street
Massachusetts
$4.52M -$578K -19,001 -14%
Charles Schwab
11
Charles Schwab
California
$4.07M +$174K +5,717 +6%
Hudson Bay Capital Management
12
Hudson Bay Capital Management
Connecticut
$3.86M +$254K +8,359 +9%
KM
13
Kalos Management
Georgia
$3.63M -$480K -15,793 -15%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$3.51M -$132K -4,349 -4%
Millennium Management
15
Millennium Management
New York
$2.87M +$1.4M +46,009 +148%
Arrowstreet Capital
16
Arrowstreet Capital
Massachusetts
$2.79M +$58.7K +1,932 +3%
Renaissance Technologies
17
Renaissance Technologies
New York
$2.63M -$1.7M -55,829 -44%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$1.58M -$2.29M -75,380 -64%
SFI
19
Susquehanna Fundamental Investments
Pennsylvania
$1.41M +$299K +9,841 +35%
N
20
Nuveen
North Carolina
$1.3M +$30.2K +993 +3%
Citadel Advisors
21
Citadel Advisors
Florida
$1.28M +$577K +18,992 +124%
Victory Capital Management
22
Victory Capital Management
Texas
$1.12M +$292K +9,591 +47%
CS
23
Credit Suisse
Switzerland
$1.06M +$612K +20,123 +238%
Norges Bank
24
Norges Bank
Norway
$871K
Invesco
25
Invesco
Georgia
$809K -$1.1M -36,143 -62%

NCMI Hedge Fund Activity: Q4 2020 in Review

102 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q4 2020, worth a combined $225M — up 30% 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 30% 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.