National CineMedia
NCMI
78 hedge funds and large institutions have $30.4M invested in National CineMedia in 2022 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 19 increasing their positions, 29 reducing their positions, and 39 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.41% less ownership
Funds ownership: 5.34% → 3.93% (-1.4%)
21% less funds holding
Funds holding: 99 → 78 (-21)
34% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 29
49% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 39
72% less capital invested
Capital invested by funds: $110M → $30.4M (-$79.9M)
74% less call options, than puts
Call options by funds: $40K | Put options by funds: $151K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$1.96M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$1.08M |
| 3 |
Millennium Management
New York
|
+$814K |
| 4 |
E
Ergoteles
New York
|
+$447K |
| 5 |
RC
RBF Capital
San Francisco,
California
|
+$297K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$15.6M |
| 2 |
BlackRock
New York
|
-$4.88M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.6M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.28M |
| 5 |
JP Morgan Chase
New York
|
-$1.11M |
NCMI Hedge Fund Activity: Q2 2022 in Review
78 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q2 2022, worth a combined $30.4M — down 72% from $110M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of NCMI and 20 opened new positions — a net loss of 19 holders — while 29 trimmed existing stakes and 19 added.
The largest buyer was Zazove Associates, adding an estimated $1.96M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $15.6M sold.
- 78 institutional investors held National CineMedia (NCMI) as of Q2 2022, down from 99 in Q1 2022.
- Funds reported $30.4M of National CineMedia stock for Q2 2022, down 72% quarter-over-quarter.
- 20 funds opened new National CineMedia positions in Q2 2022 and 39 closed out, a net change of -19 holders.
- The largest National CineMedia buyer in Q2 2022 was Zazove Associates, an estimated $1.96M added.
- The largest National CineMedia seller in Q2 2022 was Wasatch Advisors, an estimated $15.6M sold.
Based on aggregated 13F filings for Q2 2022.