Royal Caribbean
290 hedge funds and large institutions have $5.28B invested in Royal Caribbean in 2013 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 99 increasing their positions, 101 reducing their positions, and 31 closing their positions.
65% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 31
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
32% more capital invested
Capital invested by funds: $3.99B → $5.28B (+$1.29B)
7% more funds holding
Funds holding: 271 → 290 (+19)
3.07% more ownership
Funds ownership: 47.56% → 50.64% (+3.1%)
2% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 101
68% less call options, than puts
Call options by funds: $61.7M | Put options by funds: $192M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$206M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$92.8M |
| 3 |
O
OppenheimerFunds
New York
|
+$29.9M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$29.1M |
| 5 |
Renaissance Technologies
New York
|
+$27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
-$35.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$30.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$23.7M |
| 4 |
TM
Tiger Management
New York
|
-$23.3M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$22.4M |
RCL Hedge Fund Activity: Q4 2013 in Review
290 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Royal Caribbean (RCL) for Q4 2013, worth a combined $5.28B — up 32% from $3.99B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new RCL positions and 31 closed out — a net gain of 20 holders — while 99 added to existing stakes and 101 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $206M. The largest seller was Donald Smith & Co, cutting an estimated $35.3M.
- 290 institutional investors held Royal Caribbean (RCL) as of Q4 2013, up from 271 in Q3 2013.
- Funds reported $5.28B of Royal Caribbean stock for Q4 2013, up 32% quarter-over-quarter.
- 51 funds opened new Royal Caribbean positions in Q4 2013 and 31 closed out, a net change of +20 holders.
- The largest Royal Caribbean buyer in Q4 2013 was Baillie Gifford & Co, an estimated $206M added.
- The largest Royal Caribbean seller in Q4 2013 was Donald Smith & Co, an estimated $35.3M sold.
Based on aggregated 13F filings for Q4 2013.