Royal Caribbean
470 hedge funds and large institutions have $13.5B invested in Royal Caribbean in 2016 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 179 increasing their positions, 150 reducing their positions, and 80 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 150
16% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 80
3.25% more ownership
Funds ownership: 72.38% → 75.63% (+3.3%)
2% more funds holding
Funds holding: 462 → 470 (+8)
16% less capital invested
Capital invested by funds: $16.1B → $13.5B (-$2.64B)
36% less call options, than puts
Call options by funds: $137M | Put options by funds: $215M
46% less funds holding in top 10
Funds holding in top 10: 28 → 15 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$434M |
| 2 |
SCM
Suvretta Capital Management
New York
|
+$74.7M |
| 3 |
RCM
Roystone Capital Management
New York
|
+$73.1M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$71M |
| 5 |
CCM
Cornerstone Capital Management
Edina,
Minnesota
|
+$64.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
F
Folketrygdfondet
Oslo Norway,
Norway
|
-$457M |
| 2 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$126M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$101M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$90.4M |
| 5 |
MCM
Melvin Capital Management
New York
|
-$74.9M |
RCL Hedge Fund Activity: Q1 2016 in Review
470 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Royal Caribbean (RCL) for Q1 2016, worth a combined $13.5B — down 16% from $16.1B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new RCL positions and 80 closed out — a net gain of 13 holders — while 179 added to existing stakes and 150 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $434M. The largest seller was Folketrygdfondet, exiting entirely with an estimated $457M sold.
- 470 institutional investors held Royal Caribbean (RCL) as of Q1 2016, up from 462 in Q4 2015.
- Funds reported $13.5B of Royal Caribbean stock for Q1 2016, down 16% quarter-over-quarter.
- 93 funds opened new Royal Caribbean positions in Q1 2016 and 80 closed out, a net change of +13 holders.
- The largest Royal Caribbean buyer in Q1 2016 was JP Morgan Chase, an estimated $434M added.
- The largest Royal Caribbean seller in Q1 2016 was Folketrygdfondet, an estimated $457M sold.
Based on aggregated 13F filings for Q1 2016.