Royal Caribbean
675 hedge funds and large institutions have $17.7B invested in Royal Caribbean in 2019 Q1 according to their latest regulatory filings, with 101 funds opening new positions, 273 increasing their positions, 213 reducing their positions, and 56 closing their positions.
80% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 56
28% more repeat investments, than reductions
Existing positions increased: 273 | Existing positions reduced: 213
21% more capital invested
Capital invested by funds: $14.6B → $17.7B (+$3.1B)
6% more funds holding
Funds holding: 635 → 675 (+40)
2.38% more ownership
Funds ownership: 71.5% → 73.88% (+2.4%)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
29% less call options, than puts
Call options by funds: $200M | Put options by funds: $282M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$296M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$92.8M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$83.8M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$79.6M |
| 5 |
Two Sigma Advisers
New York
|
+$63.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$85.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$69.3M |
| 3 |
Morgan Stanley
New York
|
-$57.2M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$55.3M |
| 5 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$48.9M |
RCL Hedge Fund Activity: Q1 2019 in Review
675 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Royal Caribbean (RCL) for Q1 2019, worth a combined $17.7B — up 21% from $14.6B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new RCL positions and 56 closed out — a net gain of 45 holders — while 273 added to existing stakes and 213 trimmed.
The largest buyer was Canada Pension Plan Investment Board, adding an estimated $296M. The largest seller was Eminence Capital, cutting an estimated $85.9M.
- 675 institutional investors held Royal Caribbean (RCL) as of Q1 2019, up from 635 in Q4 2018.
- Funds reported $17.7B of Royal Caribbean stock for Q1 2019, up 21% quarter-over-quarter.
- 101 funds opened new Royal Caribbean positions in Q1 2019 and 56 closed out, a net change of +45 holders.
- The largest Royal Caribbean buyer in Q1 2019 was Canada Pension Plan Investment Board, an estimated $296M added.
- The largest Royal Caribbean seller in Q1 2019 was Eminence Capital, an estimated $85.9M sold.
Based on aggregated 13F filings for Q1 2019.