Royal Caribbean
RCL
461 hedge funds and large institutions have $16.1B invested in Royal Caribbean in 2015 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 161 increasing their positions, 181 reducing their positions, and 42 closing their positions.
57% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 42
13% more capital invested
Capital invested by funds: $14.2B → $16.1B (+$1.84B)
8% more funds holding in top 10
Funds holding in top 10: 26 → 28 (+2)
4% more funds holding
Funds holding: 443 → 461 (+18)
0.53% less ownership
Funds ownership: 72.88% → 72.35% (-0.53%)
11% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 181
28% less call options, than puts
Call options by funds: $234M | Put options by funds: $324M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$126M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$118M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$65.9M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$54.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$44.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$120M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$84.7M |
| 3 |
HCM
Highline Capital Management
New York
|
-$69.7M |
| 4 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$61.1M |
| 5 |
F
Folketrygdfondet
Oslo Norway,
Norway
|
-$59.3M |
RCL Hedge Fund Activity: Q4 2015 in Review
461 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Royal Caribbean (RCL) for Q4 2015, worth a combined $16.1B — up 13% from $14.2B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new RCL positions and 42 closed out — a net gain of 24 holders — while 161 added to existing stakes and 181 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $126M. The largest seller was Fred Alger Management, cutting an estimated $120M.
- 461 institutional investors held Royal Caribbean (RCL) as of Q4 2015, up from 443 in Q3 2015.
- Funds reported $16.1B of Royal Caribbean stock for Q4 2015, up 13% quarter-over-quarter.
- 66 funds opened new Royal Caribbean positions in Q4 2015 and 42 closed out, a net change of +24 holders.
- The largest Royal Caribbean buyer in Q4 2015 was T. Rowe Price Associates, an estimated $126M added.
- The largest Royal Caribbean seller in Q4 2015 was Fred Alger Management, an estimated $120M sold.
Based on aggregated 13F filings for Q4 2015.