National CineMedia
NCMI
116 hedge funds and large institutions have $523M invested in National CineMedia in 2024 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 46 increasing their positions, 28 reducing their positions, and 9 closing their positions.
4,693% more call options, than puts
Call options by funds: $3.64M | Put options by funds: $76K
211% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 9
64% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 28
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more funds holding
Funds holding: 97 → 116 (+19)
2.92% more ownership
Funds ownership: 80.11% → 83.03% (+2.9%)
3% less capital invested
Capital invested by funds: $538M → $523M (-$14.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Sycale Advisors
New York
|
+$14.7M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$4.71M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$4.2M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$1.94M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$6.72M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$5.66M |
| 3 |
JP Morgan Chase
New York
|
-$4.96M |
| 4 |
First Eagle Investment Management
New York
|
-$2.99M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$2.31M |
NCMI Hedge Fund Activity: Q4 2024 in Review
116 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in National CineMedia (NCMI) for Q4 2024, worth a combined $523M — down 2.8% from $538M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NCMI positions and 9 closed out — a net gain of 19 holders — while 46 added to existing stakes and 28 trimmed.
The largest buyer was Sycale Advisors, opening a new position worth an estimated $14.7M. The largest seller was Goldman Sachs, cutting an estimated $6.72M.
- 116 institutional investors held National CineMedia (NCMI) as of Q4 2024, up from 97 in Q3 2024.
- Funds reported $523M of National CineMedia stock for Q4 2024, down 2.8% quarter-over-quarter.
- 28 funds opened new National CineMedia positions in Q4 2024 and 9 closed out, a net change of +19 holders.
- The largest National CineMedia buyer in Q4 2024 was Sycale Advisors, an estimated $14.7M added.
- The largest National CineMedia seller in Q4 2024 was Goldman Sachs, an estimated $6.72M sold.
Based on aggregated 13F filings for Q4 2024.