Royal Caribbean
RCL
628 hedge funds and large institutions have $16.8B invested in Royal Caribbean in 2019 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 249 increasing their positions, 223 reducing their positions, and 98 closing their positions.
87% more call options, than puts
Call options by funds: $385M | Put options by funds: $206M
12% more repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 223
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
0.05% less ownership
Funds ownership: 73.82% → 73.77% (-0.05%)
5% less funds holding
Funds holding: 661 → 628 (-33)
11% less capital invested
Capital invested by funds: $18.7B → $16.8B (-$1.97B)
31% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$345M |
| 2 |
Renaissance Technologies
New York
|
+$135M |
| 3 |
D.E. Shaw & Co
New York
|
+$110M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$105M |
| 5 |
SCM
Suvretta Capital Management
New York
|
+$50M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$562M |
| 2 |
Two Sigma Investments
New York
|
-$103M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$102M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$81M |
| 5 |
FAM
Fred Alger Management
New York
|
-$77.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
726
Fidelity International
Hamilton,
Bermuda
| – | -$220 | -2 | -50% |
|
RCL Hedge Fund Activity: Q3 2019 in Review
628 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Royal Caribbean (RCL) for Q3 2019, worth a combined $16.8B — down 11% from $18.7B a quarter earlier.
Sellers outnumbered buyers: 98 funds closed out of RCL and 68 opened new positions — a net loss of 30 holders — while 223 trimmed existing stakes and 249 added.
The largest buyer was JP Morgan Chase, adding an estimated $345M. The largest seller was Baillie Gifford & Co, exiting entirely with an estimated $562M sold.
- 628 institutional investors held Royal Caribbean (RCL) as of Q3 2019, down from 661 in Q2 2019.
- Funds reported $16.8B of Royal Caribbean stock for Q3 2019, down 11% quarter-over-quarter.
- 68 funds opened new Royal Caribbean positions in Q3 2019 and 98 closed out, a net change of -30 holders.
- The largest Royal Caribbean buyer in Q3 2019 was JP Morgan Chase, an estimated $345M added.
- The largest Royal Caribbean seller in Q3 2019 was Baillie Gifford & Co, an estimated $562M sold.
Based on aggregated 13F filings for Q3 2019.