Royal Caribbean
443 hedge funds and large institutions have $14.2B invested in Royal Caribbean in 2015 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 167 increasing their positions, 156 reducing their positions, and 47 closing their positions.
55% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 47
30% more funds holding in top 10
Funds holding in top 10: 20 → 26 (+6)
15% more capital invested
Capital invested by funds: $12.4B → $14.2B (+$1.86B)
5% more funds holding
Funds holding: 421 → 443 (+22)
1.17% more ownership
Funds ownership: 71.71% → 72.88% (+1.2%)
7% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 156
42% less call options, than puts
Call options by funds: $120M | Put options by funds: $208M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$860M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$102M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$53.6M |
| 4 |
BAMCO Inc
New York
|
+$46.2M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$46.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Roystone Capital Management
New York
|
-$126M |
| 2 |
JP Morgan Chase
New York
|
-$117M |
| 3 |
FAM
Fred Alger Management
New York
|
-$86M |
| 4 |
CCM
Cornerstone Capital Management
Edina,
Minnesota
|
-$71.5M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$63M |
RCL Hedge Fund Activity: Q3 2015 in Review
443 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Royal Caribbean (RCL) for Q3 2015, worth a combined $14.2B — up 15% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new RCL positions and 47 closed out — a net gain of 26 holders — while 167 added to existing stakes and 156 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $860M. The largest seller was Roystone Capital Management, exiting entirely with an estimated $126M sold.
- 443 institutional investors held Royal Caribbean (RCL) as of Q3 2015, up from 421 in Q2 2015.
- Funds reported $14.2B of Royal Caribbean stock for Q3 2015, up 15% quarter-over-quarter.
- 73 funds opened new Royal Caribbean positions in Q3 2015 and 47 closed out, a net change of +26 holders.
- The largest Royal Caribbean buyer in Q3 2015 was T. Rowe Price Associates, an estimated $860M added.
- The largest Royal Caribbean seller in Q3 2015 was Roystone Capital Management, an estimated $126M sold.
Based on aggregated 13F filings for Q3 2015.