Royal Caribbean
464 hedge funds and large institutions have $13B invested in Royal Caribbean in 2016 Q4 according to their latest regulatory filings, with 91 funds opening new positions, 139 increasing their positions, 176 reducing their positions, and 60 closing their positions.
52% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 60
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
5% more funds holding
Funds holding: 442 → 464 (+22)
5% more capital invested
Capital invested by funds: $12.4B → $13B (+$593M)
3.24% less ownership
Funds ownership: 76.85% → 73.61% (-3.2%)
21% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 176
46% less call options, than puts
Call options by funds: $163M | Put options by funds: $300M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$79.8M |
| 2 |
HCM
Hoplite Capital Management
New York
|
+$53.8M |
| 3 |
Renaissance Technologies
New York
|
+$40.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$36.8M |
| 5 |
Primecap Management
Pasadena,
California
|
+$28.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$334M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$79.7M |
| 3 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$75.3M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$67.3M |
| 5 |
HVCM
HG Vora Capital Management
New York
|
-$60M |
RCL Hedge Fund Activity: Q4 2016 in Review
464 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Royal Caribbean (RCL) for Q4 2016, worth a combined $13B — up 4.8% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new RCL positions and 60 closed out — a net gain of 31 holders — while 139 added to existing stakes and 176 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $79.8M. The largest seller was JP Morgan Chase, cutting an estimated $334M.
- 464 institutional investors held Royal Caribbean (RCL) as of Q4 2016, up from 442 in Q3 2016.
- Funds reported $13B of Royal Caribbean stock for Q4 2016, up 4.8% quarter-over-quarter.
- 91 funds opened new Royal Caribbean positions in Q4 2016 and 60 closed out, a net change of +31 holders.
- The largest Royal Caribbean buyer in Q4 2016 was Balyasny Asset Management, an estimated $79.8M added.
- The largest Royal Caribbean seller in Q4 2016 was JP Morgan Chase, an estimated $334M sold.
Based on aggregated 13F filings for Q4 2016.