Norwegian Cruise Line Holdings Ltd.
NCLH- Exchange
- NYSE
- Industry
- Water Transportation
- SEC CIK
- 0001513761
No open-market purchases or sales by Norwegian Cruise Line Holdings Ltd. insiders were filed in the last 90 days; 643 institutions reported holding it in 13F filings for Q2 2026, worth $9.93B in total; superinvestors Elliott Investment Management and Baupost Group hold it.
Key figures
- Market capClose on Nov 11, 2026
- $8.64B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsOpen market, last 90 days
- 0
- 13F holdersQ2 2026, +5 vs. previous quarter
- 643
- 13F valueReported value at the end of Q2 2026
- $9.93B
- Superinvestors holdingAt the end of Q2 2026
- 2
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $9.83B
- +3.7% year over year
- Net income, FY2025
- $423.2M
- −53.5% year over year
- Free cash flow, FY2025
- -$1.17B
- −239.5% year over year
- Revenue, Q3 FY2026
- $2.95B
- +0.3% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 82.6M
- Shares sold short
- Change
- −6.60M
- −7.4% vs. previous
- Days to cover
- 3.54
- At average daily volume
Superinvestors holding NCLH, Q2 2026
Go to the superinvestors tab2 superinvestors report holding Norwegian Cruise Line Holdings Ltd. on Form 13F. Percentages are the stock's share of each portfolio.
Elliott Investment Management
Paul Singer
2.2%
Norwegian Cruise Line Holdings Ltd.'s share of the portfolio
- Shares
- 14,686,000
- Value
- $310.0M
Baupost Group
Seth Klarman
3.0%
Norwegian Cruise Line Holdings Ltd.'s share of the portfolio
- Shares
- 7,730,000
- Value
- $163.2M
Latest insider trades
See all insider tradesOpen-market purchases and sales by Norwegian Cruise Line Holdings Ltd. insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Jun 3, 2026 (view filing) | Jun 1-2 | 2 days | Pagliuca Stephen GDirector | PPurchase | +1.38M | $18.11 | +$25.0M | +15,484.7%1.39M after | 2 lots |
| May 26, 2026 (view filing) | May 22 | 4 days | Chidsey JohnPresident and CEO | PPurchase | +153.0K | $16.37 | +$2.50M | +15.5%1.14M after | |
| May 21, 2026 (view filing) | May 20 | 1 day | Cohen Jonathan ZDirector | PPurchase | +30.0K | $15.83 | +$474.9K | +336.6%38.9K after | |
| May 19, 2026 (view filing) | May 18-19 | 1 day | Cil Jose E.Director | PPurchase | +15.0K | $15.02 | +$225.3K | +25.3%74.3K after | 2 lots |
| May 12, 2026 (view filing) | May 11 | 1 day | MacDonald Brian PDirector | PPurchase | +15.0K | $16.54 | +$248.1K | +168.3%23.9K after | |
| May 11, 2026 (view filing) | May 7 | 4 days | Lansberry Kevin AllenDirector | PPurchase | +11.4K | $17.28 | +$197.0K | +127.9%20.3K after | |
| May 11, 2026 (view filing) | May 7 | 4 days | Byng-Thorne ZillahDirector | PPurchase | +25.0K | $17.67 | +$442.0K | +33.4%99.8K after | |
| May 11, 2026 (view filing) | May 7 | 4 days | Byng-Thorne ZillahDirector | PPurchase | +4.45K | $17.83 | +$79.4K | +20.9%25.7K after | |
| Dec 16, 2025 (view filing) | Dec 12 | 4 days | Ashby Faye L.SVP & Chief Accounting Officer | SSale | −5.25K | $21.00 | −$110.3K | −3.9%130.4K after | |
| Nov 25, 2025 (view filing) | Nov 25 | Same day | Dahlgren PatrikEVP, Chief Vessel Ops & NO | PPurchase | +5.55K | $17.94 | +$99.6K | +4.0%144.8K after |
Top 10 13F holders, Q2 2026
See all 643 holdersThe largest institutional positions in Norwegian Cruise Line Holdings Ltd. at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Capital Management LLC | 29,972,580 | $632.7M | 0.01% | +355,565+1.2% | Added |
| BlackRock, Inc. | 29,336,839 | $619.3M | 0.01% | −5,193,269−15.0% | Reduced |
| UBS Group AG | 23,331,373 | $492.5M | 0.08% | +1,377,239+6.3% | Added |
| Goldman Sachs Group Inc | 18,908,671 | $399.2M | 0.04% | +993,744+5.5% | Added |
| Vanguard Portfolio Management LLC | 18,666,538 | $394.1M | 0.02% | −1,036,581−5.3% | Reduced |
| State Street Corp | 17,008,796 | $359.1M | 0.01% | +750,042+4.6% | Added |
| Barclays PLC | 16,705,019 | $352.6M | 0.11% | +1,602,378+10.6% | Added |
| Ariel Investments, LLC | 15,430,947 | $325.7M | 3.25% | +769,368+5.2% | Added |
| Ameriprise Financial Inc | 15,011,544 | $316.7M | 0.06% | +14,548,786+3,143.9% | Added |
| Elliott Investment Management L.P.SuperinvestorElliott Investment Management | 14,686,000 | $310.0M | 2.17% | +1,500,000+11.4% | Added |
Holders of 5% or more of NCLH
See all 1 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Norwegian Cruise Line Holdings Ltd..
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| Vanguard Capital Management LLC | 13G | 7.37%33.6M shares | New | Apr 29, 20261 filing | Apr 29, 2026 | SEC |
Politician trades
All politician trades in NCLH6 members of Congress reported 15 trades in Norwegian Cruise Line Holdings Ltd. since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Nov 10, 2026 |  Gilbert Ray Cisneros, Jr. House · CA | Buy | $1K-$15K |
| Nov 21, 2025 |  Lisa C. McClain House · MI | Sell | $1K-$15K |
| Nov 21, 2025 | Lisa C. McClain House · MI | Buy | $1K-$15K |
| Nov 21, 2025 | Lisa C. McClain House · MI | Sell | $1K-$15K |
| Aug 13, 2025 | Lisa C. McClain House · MI | Buy | $1K-$15K |
House · CA · Nov 10, 2026
Buy$1K-$15K
House · MI · Nov 21, 2025
Sell$1K-$15K
House · MI · Nov 21, 2025
Buy$1K-$15K
House · MI · Nov 21, 2025
Sell$1K-$15K
House · MI · Aug 13, 2025
Buy$1K-$15K