Royal Caribbean
423 hedge funds and large institutions have $12.5B invested in Royal Caribbean in 2014 Q4 according to their latest regulatory filings, with 112 funds opening new positions, 144 increasing their positions, 129 reducing their positions, and 38 closing their positions.
195% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 38
82% more funds holding in top 10
Funds holding in top 10: 11 → 20 (+9)
44% more capital invested
Capital invested by funds: $8.68B → $12.5B (+$3.82B)
33% more call options, than puts
Call options by funds: $228M | Put options by funds: $172M
20% more funds holding
Funds holding: 353 → 423 (+70)
12% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 129
10.14% more ownership
Funds ownership: 58% → 68.14% (+10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$264M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$237M |
| 3 |
JP Morgan Chase
New York
|
+$173M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$72.6M |
| 5 |
Bank of New York Mellon
New York
|
+$64.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$95M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$78.2M |
| 3 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$67.7M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$65.7M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$59.3M |
RCL Hedge Fund Activity: Q4 2014 in Review
423 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Royal Caribbean (RCL) for Q4 2014, worth a combined $12.5B — up 44% from $8.68B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new RCL positions and 38 closed out — a net gain of 74 holders — while 144 added to existing stakes and 129 trimmed.
The largest buyer was State Street, adding an estimated $264M. The largest seller was Tremblant Capital Group, cutting an estimated $95M.
- 423 institutional investors held Royal Caribbean (RCL) as of Q4 2014, up from 353 in Q3 2014.
- Funds reported $12.5B of Royal Caribbean stock for Q4 2014, up 44% quarter-over-quarter.
- 112 funds opened new Royal Caribbean positions in Q4 2014 and 38 closed out, a net change of +74 holders.
- The largest Royal Caribbean buyer in Q4 2014 was State Street, an estimated $264M added.
- The largest Royal Caribbean seller in Q4 2014 was Tremblant Capital Group, an estimated $95M sold.
Based on aggregated 13F filings for Q4 2014.