Royal Caribbean
304 hedge funds and large institutions have $6.5B invested in Royal Caribbean in 2014 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 95 increasing their positions, 102 reducing their positions, and 47 closing their positions.
38% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 47
23% more capital invested
Capital invested by funds: $5.28B → $6.5B (+$1.22B)
5% more funds holding
Funds holding: 290 → 304 (+14)
3.21% more ownership
Funds ownership: 50.64% → 53.85% (+3.2%)
7% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 102
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
38% less call options, than puts
Call options by funds: $36.5M | Put options by funds: $58.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$139M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$101M |
| 3 |
CCI
Columbus Circle Investors
|
+$87.6M |
| 4 |
RCM
Roystone Capital Management
New York
|
+$73.4M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$70.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$109M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$37.9M |
| 3 |
Renaissance Technologies
New York
|
-$33.9M |
| 4 |
AC
Ascend Capital
Orinda,
California
|
-$27.4M |
| 5 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$25.8M |
RCL Hedge Fund Activity: Q1 2014 in Review
304 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Royal Caribbean (RCL) for Q1 2014, worth a combined $6.5B — up 23% from $5.28B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new RCL positions and 47 closed out — a net gain of 18 holders — while 95 added to existing stakes and 102 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $139M. The largest seller was UBS AM, cutting an estimated $109M.
- 304 institutional investors held Royal Caribbean (RCL) as of Q1 2014, up from 290 in Q4 2013.
- Funds reported $6.5B of Royal Caribbean stock for Q1 2014, up 23% quarter-over-quarter.
- 65 funds opened new Royal Caribbean positions in Q1 2014 and 47 closed out, a net change of +18 holders.
- The largest Royal Caribbean buyer in Q1 2014 was AllianceBernstein, an estimated $139M added.
- The largest Royal Caribbean seller in Q1 2014 was UBS AM, an estimated $109M sold.
Based on aggregated 13F filings for Q1 2014.