Royal Caribbean
642 hedge funds and large institutions have $18.1B invested in Royal Caribbean in 2018 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 238 increasing their positions, 218 reducing their positions, and 67 closing their positions.
88% more call options, than puts
Call options by funds: $290M | Put options by funds: $154M
21% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 67
9% more repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 218
1% more funds holding
Funds holding: 636 → 642 (+6)
4% less capital invested
Capital invested by funds: $18.9B → $18.1B (-$792M)
2.99% less ownership
Funds ownership: 74.49% → 71.49% (-3%)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$132M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$84.1M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$66.6M |
| 4 |
Morgan Stanley
New York
|
+$47.8M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$46.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$355M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$227M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$180M |
| 4 |
JP Morgan Chase
New York
|
-$127M |
| 5 |
Renaissance Technologies
New York
|
-$77.7M |
RCL Hedge Fund Activity: Q1 2018 in Review
642 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Royal Caribbean (RCL) for Q1 2018, worth a combined $18.1B — down 4.2% from $18.9B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new RCL positions and 67 closed out — a net gain of 14 holders — while 238 added to existing stakes and 218 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $132M. The largest seller was Baillie Gifford & Co, cutting an estimated $355M.
- 642 institutional investors held Royal Caribbean (RCL) as of Q1 2018, up from 636 in Q4 2017.
- Funds reported $18.1B of Royal Caribbean stock for Q1 2018, down 4.2% quarter-over-quarter.
- 81 funds opened new Royal Caribbean positions in Q1 2018 and 67 closed out, a net change of +14 holders.
- The largest Royal Caribbean buyer in Q1 2018 was Fidelity Investments, an estimated $132M added.
- The largest Royal Caribbean seller in Q1 2018 was Baillie Gifford & Co, an estimated $355M sold.
Based on aggregated 13F filings for Q1 2018.