Royal Caribbean
661 hedge funds and large institutions have $18.7B invested in Royal Caribbean in 2019 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 263 increasing their positions, 228 reducing their positions, and 69 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 263 | Existing positions reduced: 228
6% more capital invested
Capital invested by funds: $17.7B → $18.7B (+$1.01B)
5% more call options, than puts
Call options by funds: $237M | Put options by funds: $225M
0.06% less ownership
Funds ownership: 73.88% → 73.82% (-0.06%)
3% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 69
2% less funds holding
Funds holding: 674 → 661 (-13)
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$365M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$214M |
| 3 |
PCM
Palestra Capital Management
New York
|
+$107M |
| 4 |
EC
Eminence Capital
New York
|
+$73.5M |
| 5 |
BlackRock
New York
|
+$68.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$161M |
| 2 |
Millennium Management
New York
|
-$125M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$84.8M |
| 4 |
JP Morgan Chase
New York
|
-$81.9M |
| 5 |
MCM
Melvin Capital Management
New York
|
-$65.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIA
726
Alera Investment Advisors
Deerfield,
Illinois
| – | -$4K | -31 | Closed |
|
|
CFG
727
Citizens Financial Group
Providence,
Rhode Island
| – | -$3K | -27 | Closed |
|
|
MSA
728
Marino Stram & Associates
Braintree,
Massachusetts
| – | -$2K | -20 | Closed |
|
|
CFB
729
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$1K | -10 | Closed |
|
730
Fidelity International
Hamilton,
Bermuda
| – | +$487 | +4 | New |
|
RCL Hedge Fund Activity: Q2 2019 in Review
661 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Royal Caribbean (RCL) for Q2 2019, worth a combined $18.7B — up 5.7% from $17.7B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of RCL and 67 opened new positions — a net loss of 2 holders — while 228 trimmed existing stakes and 263 added.
The largest buyer was Capital International Investors, opening a new position worth an estimated $365M. The largest seller was Fred Alger Management, cutting an estimated $161M.
- 661 institutional investors held Royal Caribbean (RCL) as of Q2 2019, down from 674 in Q1 2019.
- Funds reported $18.7B of Royal Caribbean stock for Q2 2019, up 5.7% quarter-over-quarter.
- 67 funds opened new Royal Caribbean positions in Q2 2019 and 69 closed out, a net change of -2 holders.
- The largest Royal Caribbean buyer in Q2 2019 was Capital International Investors, an estimated $365M added.
- The largest Royal Caribbean seller in Q2 2019 was Fred Alger Management, an estimated $161M sold.
Based on aggregated 13F filings for Q2 2019.