Who owns Norwegian Cruise Line Holdings (NCLH)
Which tracked institutional funds hold NCLH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NCLH company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
164 tracked funds added or opened NCLH while 99 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
NCLH’s largest tracked holder by dollar value, VANGUARD CAPITAL MANAGEMENT LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes NCLH more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in NCLH divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 598 tracked filers holding NCLH, 275 increased or opened the position and 330 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases. A multi-insider buy cluster also fired inside the quarter.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in NCLH between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 28
- ANTIPODES PARTNERS Ltd$17M
- KETTLE HILL CAPITAL MANAGEMENT, LLC$15M
- OPPENHEIMER ASSET MANAGEMENT INC.$8M
- REDWOOD CAPITAL MANAGEMENT, LLC$5M
- Jupiter Topco LLC$4M
- Weiss Asset Management LP$4M
Full exits 56
- SG Americas Securities, LLC$143M
- GOLDENTREE ASSET MANAGEMENT LP$97M
- NATIXIS$60M
- Amundi$40M
- Long Pond Capital, LP$32M
- L1 Capital Pty Ltd$17M
Largest adds
- AMERIPRISE FINANCIAL INC$308M
- MIZUHO MARKETS AMERICAS LLC$207M
- Nearwater Capital Markets, Ltd$136M
- BlackRock, Inc.$135M
- BAUPOST GROUP LLC/MA$95M
- Forest Avenue Capital Management LP$93M
Largest trims
- Capital International Investors$264M
- BANK OF NOVA SCOTIA$65M
- NORGES BANK$55M
- MARSHALL WACE, LLP$26M
- UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$26M
- TREMBLANT CAPITAL GROUP$17M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC added | 29,972,580 | $633M | 6.7% | 2026-Q2 |
| BlackRock, Inc. added | 29,336,839 | $619M | 6.5% | 2026-Q2 |
| UBS Group AG added | 23,331,373 | $493M | 5.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 18,908,671 | $399M | 4.2% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 18,666,538 | $394M | 4.2% | 2026-Q2 |
| STATE STREET CORP added | 17,008,796 | $359M | 3.8% | 2026-Q2 |
| BARCLAYS PLC added | 16,705,019 | $353M | 3.7% | 2026-Q2 |
| ARIEL INVESTMENTS, LLC added | 15,430,947 | $326M | 3.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 15,011,544 | $317M | 3.3% | 2026-Q2 |
| Elliott Investment Management L.P. added | 14,686,000 | $310M | 3.3% | 2026-Q2 |
| Capital International Investors trimmed | 14,038,301 | $296M | 3.1% | 2026-Q2 |
| Invesco Ltd. added | 13,174,036 | $278M | 2.9% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 12,129,137 | $256M | 2.7% | 2026-Q2 |
| MIZUHO MARKETS AMERICAS LLC added | 11,385,000 | $240M | 2.5% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 10,002,632 | $211M | 2.2% | 2026-Q2 |
| Nearwater Capital Markets, Ltd added | 9,465,000 | $200M | 2.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 8,457,110 | $179M | 1.9% | 2026-Q2 |
| MORGAN STANLEY trimmed | 7,793,052 | $165M | 1.7% | 2026-Q2 |
| BAUPOST GROUP LLC/MA added | 7,730,000 | $163M | 1.7% | 2026-Q2 |
| Hound Partners, LLC added | 6,694,773 | $141M | 1.5% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 6,642,302 | $140M | 1.5% | 2026-Q2 |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC added | 6,463,695 | $136M | 1.4% | 2026-Q2 |
| Forest Avenue Capital Management LP added | 6,153,171 | $130M | 1.4% | 2026-Q2 |
| Patient Capital Management, LLC added | 6,029,642 | $127M | 1.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 5,029,468 | $106M | 1.1% | 2026-Q2 |
| Greenhouse Funds LLLP trimmed | 4,733,164 | $100M | 1.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 4,309,182 | $91M | 1.0% | 2026-Q2 |
| ING GROEP NV added | 4,309,048 | $91M | 1.0% | 2026-Q2 |
| Squarepoint Ops LLC added | 4,242,019 | $90M | 0.9% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 4,200,693 | $93M | 1.0% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 4,198,058 | $89M | 0.9% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 4,166,609 | $88M | 0.9% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 3,888,655 | $82M | 0.9% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 3,867,551 | $82M | 0.9% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 3,591,702 | $76M | 0.8% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 3,555,782 | $66M | 0.7% | 2026-Q2 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. added | 3,243,024 | $68M | 0.7% | 2026-Q2 |
| CITIGROUP INC added | 3,136,024 | $66M | 0.7% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 3,108,112 | $66M | 0.7% | 2026-Q2 |
| NOMURA HOLDINGS INC added | 3,003,978 | $63M | 0.7% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 2,778,459 | $59M | 0.6% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 2,708,329 | $57M | 0.6% | 2026-Q2 |
| Columbus Hill Capital Management, L.P. | 2,660,601 | $56M | 0.6% | 2026-Q2 |
| Holocene Advisors, LP trimmed | 2,620,446 | $55M | 0.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 2,575,574 | $54M | 0.6% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 2,569,703 | $54M | 0.6% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 2,553,804 | $54M | 0.6% | 2026-Q2 |
| Bank of New York Mellon Corp added | 2,413,595 | $51M | 0.5% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 2,229,267 | $47M | 0.5% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 2,080,623 | $44M | 0.5% | 2026-Q2 |
| Alyeska Investment Group, L.P. trimmed | 1,995,254 | $42M | 0.4% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 1,719,196 | $36M | 0.4% | 2026-Q2 |
| PRIMECAP MANAGEMENT CO/CA/ trimmed | 1,548,464 | $33M | 0.3% | 2026-Q2 |
| TREMBLANT CAPITAL GROUP trimmed | 1,512,176 | $32M | 0.3% | 2026-Q2 |
| Nuveen, LLC added | 1,370,904 | $29M | 0.3% | 2026-Q2 |
| Capital World Investors added | 1,325,486 | $28M | 0.3% | 2026-Q2 |
| CIBC Bancorp USA Inc. trimmed | 1,136,105 | $24M | 0.3% | 2026-Q2 |
| NORGES BANK trimmed | 1,049,238 | $22M | 0.2% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 1,043,007 | $22M | 0.2% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 1,020,000 | $22M | 0.2% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 957,676 | $20M | 0.2% | 2026-Q2 |
| Swiss National Bank added | 914,000 | $19M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 843,983 | $18M | 0.2% | 2026-Q2 |
| ANTIPODES PARTNERS Ltd new | 824,018 | $17M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 809,385 | $17M | 0.2% | 2026-Q2 |
| MetLife Investment Management, LLC added | 801,712 | $17M | 0.2% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. added | 731,337 | $15M | 0.2% | 2026-Q2 |
| CastleKnight Management LP added | 709,700 | $15M | 0.2% | 2026-Q2 |
| LONDON CO OF VIRGINIA | 706,163 | $15M | 0.2% | 2026-Q2 |
| KETTLE HILL CAPITAL MANAGEMENT, LLC new | 699,167 | $15M | 0.2% | 2026-Q2 |
| Verition Fund Management LLC added | 648,966 | $14M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 624,325 | $13M | 0.1% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 584,716 | $12M | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 555,132 | $12M | 0.1% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 537,721 | $11M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 535,971 | $11M | 0.1% | 2026-Q2 |
| Aristotle Capital Management, LLC trimmed | 534,649 | $11M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 526,871 | $11M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 519,704 | $11M | 0.1% | 2026-Q2 |
| Channing Capital Management, LLC added | 518,264 | $11M | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 516,799 | $11M | 0.1% | 2026-Q2 |
| Interval Partners, LP trimmed | 504,247 | $11M | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 503,604 | $11M | 0.1% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 500,908 | $11M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 481,755 | $10M | 0.1% | 2026-Q2 |
| MUFG Securities EMEA plc trimmed | 459,129 | $10M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 437,714 | $9M | 0.1% | 2026-Q2 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC added | 428,867 | $9M | 0.1% | 2026-Q2 |
| Nordwand Advisors, LLC added | 428,355 | $9M | 0.1% | 2026-Q2 |
| LPL Financial LLC added | 419,062 | $9M | 0.1% | 2026-Q2 |
| OSSIAM trimmed | 402,807 | $9M | 0.1% | 2026-Q2 |
| BANK OF NOVA SCOTIA trimmed | 398,728 | $8M | 0.1% | 2026-Q2 |
| Calamos Advisors LLC trimmed | 386,607 | $8M | 0.1% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 384,189 | $8M | 0.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 382,228 | $8M | 0.1% | 2026-Q2 |
| OPPENHEIMER ASSET MANAGEMENT INC. added | 369,158 | $8M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 355,331 | $8M | 0.1% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 346,976 | $7M | 0.1% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 318,867 | $7M | 0.1% | 2026-Q2 |
| ALGERT GLOBAL LLC trimmed | 312,996 | $7M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.