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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; 638 institutions reported holding it in 13F filings for Q2 2026, worth $9.92B in total; superinvestors Elliott Investment Management and Baupost Group hold it.

13F holders, Q1 2025

Institutional positions in Norwegian Cruise Line Holdings Ltd. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
644
−16 vs. Q4 2024
Shares held
353.9M
+5.50M (+1.6%) vs. Q4 2024
Total value
$6.71B
−$2.26B (−25.2%) vs. Q4 2024
New holders
98
233 more added
Sold out
114
191 more reduced

14 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NCLH on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 644 institutions
Q1 2021: 540 institutionsQ2 2021: 552 institutionsQ3 2021: 536 institutionsQ4 2021: 553 institutionsQ1 2022: 541 institutionsQ2 2022: 511 institutionsQ3 2022: 507 institutionsQ4 2022: 536 institutionsQ1 2023: 506 institutionsQ2 2023: 531 institutionsQ3 2023: 513 institutionsQ4 2023: 522 institutionsQ1 2024: 524 institutionsQ2 2024: 553 institutionsQ3 2024: 570 institutionsQ4 2024: 674 institutionsQ1 2025: 644 institutionsQ2 2025: 616 institutionsQ3 2025: 645 institutionsQ4 2025: 646 institutionsQ1 2026: 641 institutionsQ2 2026: 638 institutions
Value heldQ1 2025: $6.71B
Q1 2021: $5.61BQ2 2021: $5.79BQ3 2021: $5.44BQ4 2021: $4.77BQ1 2022: $5.06BQ2 2022: $2.78BQ3 2022: $2.80BQ4 2022: $3.20BQ1 2023: $3.41BQ2 2023: $5.71BQ3 2023: $4.66BQ4 2023: $5.93BQ1 2024: $6.47BQ2 2024: $5.49BQ3 2024: $6.66BQ4 2024: $9.00BQ1 2025: $6.71BQ2 2025: $7.19BQ3 2025: $9.20BQ4 2025: $8.65BQ1 2026: $8.23BQ2 2026: $9.92B
Institutions holding NCLH and their total value by quarter
QuarterHoldersValue
Q2 2026638$9.92B
Q1 2026641$8.23B
Q4 2025646$8.65B
Q3 2025645$9.20B
Q2 2025616$7.19B
Q1 2025644$6.71B
Q4 2024674$9.00B
Q3 2024570$6.66B
Q2 2024553$5.49B
Q1 2024524$6.47B
Q4 2023522$5.93B
Q3 2023513$4.66B
Q2 2023531$5.71B
Q1 2023506$3.41B
Q4 2022536$3.20B
Q3 2022507$2.80B
Q2 2022511$2.78B
Q1 2022541$5.06B
Q4 2021553$4.77B
Q3 2021536$5.44B
Q2 2021552$5.79B
Q1 2021540$5.61B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Norwegian Cruise Line Holdings Ltd.; share changes are against Q4 2024.

Institutions holding NCLH in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
State of New Jersey Common Pension Fund D158,271$3.00M0.01%−6,140−3.7%Reduced
Police & Firemen's Retirement System of New Jersey159,811$3.03M0.03%+1,089+0.7%Added
Credit Agricole S A168,685$3.20M0.01%−24,491−12.7%Reduced
Crossmark Global Holdings, Inc.171,625$3.25M0.06%+152,461+795.6%Added
Ensign Peak Advisors, Inc175,032$3.32M0.01%−1,126−0.6%Reduced
UBS Oconnor LLC178,031$3.38M0.08%00.0%Unchanged
Great West Life Assurance Co178,097$3.38M0.01%+23,294+15.0%Added
Natixis Advisors, L.P.179,139$3.40M0.01%+14,308+8.7%Added
Balyasny Asset Management LLC189,742$3.60M0.01%+133,442+237.0%Added
La Banque Postale Asset Management SA190,203$3.61M0.06%−8,295−4.2%Reduced
Zacks Investment Management190,481$3.61M0.03%−2,589−1.3%Reduced
Twin Tree Management, LP194,676$3.69M0.08%+194,676New
Treasurer of the State of North Carolina200,731$3.81M0.02%+7,830+4.1%Added
Cetera Investment Advisers205,879$3.90M0.01%+107,989+110.3%Added
Janus Henderson Group PLC211,296$4.04M0.00%−525−0.2%Reduced
Leonteq Securities AG214,201$4.05M0.31%+122,786+134.3%Added
Susquehanna International Group, LLP224,832$4.26M0.01%+46,475+26.1%Added
National Bank of Canada225,073$4.27M0.01%−26,070−10.4%Reduced
HSBC Holdings PLC231,447$4.37M0.00%+684+0.3%Added
Chevy Chase Trust Holdings, Inc.230,705$4.37M0.01%−134−0.1%Reduced
Engineers Gate Manager LP241,018$4.57M0.08%−293,814−54.9%Reduced
MetLife Investment Management241,061$4.57M0.02%+105,370+77.7%Added
Algert Global LLC247,556$4.69M0.12%+9,410+4.0%Added
Parallax Volatility Advisers, L.P.253,335$4.80M0.15%−51,062−16.8%Reduced
Landscape Capital Management, L.L.C.256,762$4.87M0.43%+256,762New
Allspring Global Investments Holdings, LLC255,726$4.87M0.01%+81,691+46.9%Added
South Dakota Investment Council259,145$4.91M0.10%00.0%Unchanged
Voya Investment Management LLC259,192$4.91M0.01%−8,074−3.0%Reduced
LPL Financial LLC264,028$5.01M0.00%−42,113−13.8%Reduced
SEI Investments Co267,371$5.07M0.01%−171,423−39.1%Reduced
Verition Fund Management LLC268,886$5.10M0.03%−544,362−66.9%Reduced
Van Eck Associates Corp273,838$5.19M0.01%+34,768+14.5%Added
Gotham Asset Management, LLC280,085$5.31M0.04%−251−0.1%Reduced
Maverick Capital LtdSuperinvestorMaverick Capital287,337$5.45M0.10%+185,067+181.0%Added
Scalar Gauge Management, LLC299,356$5.68M3.47%−1,000−0.3%Reduced
Blue Grotto Capital, LLC300,000$5.69M1.09%+300,000New
Manufacturers Life Insurance Company, The315,461$5.98M0.01%−4,004−1.3%Reduced
Transform Wealth, LLC317,943$6.03M0.37%+317,943New
Bank of Nova Scotia322,993$6.12M0.01%+296,849+1,135.4%Added
Harbor Capital Advisors, Inc.324,444$6.15M0.28%+103,823+47.1%Added
Macquarie Group Ltd330,559$6.27M0.01%−86,981−20.8%Reduced
Quantinno Capital Management LP331,464$6.28M0.04%+235,807+246.5%Added
Baird Financial Group, Inc.339,339$6.43M0.01%+319,922+1,647.6%Added
Nicholas Investment Partners, LP339,802$6.44M0.66%+339,802New
Public Employees Retirement System of Ohio340,030$6.45M0.02%+109,583+47.6%Added
Bullseye Asset Management LLC347,760$6.59M3.56%00.0%Unchanged
Creative Planning359,607$6.82M0.01%+9,674+2.8%Added
Portman Square Capital LLP380,948$7.22M1.00%+380,948New
New York State Teachers Retirement System389,867$7.39M0.02%−9,212−2.3%Reduced
Man Group plc395,022$7.49M0.02%−216,206−35.4%Reduced
Stifel Financial Corp401,500$7.61M0.01%+17,184+4.5%Added
State of Tennessee, Treasury Department404,345$7.67M0.03%+310,491+330.8%Added
Wells Fargo & Company407,273$7.72M0.00%+439+0.1%Added
Calamos Advisors LLC409,787$7.77M0.04%+4,564+1.1%Added
State Board of Administration of Florida Retirement System409,952$7.77M0.02%−2,170−0.5%Reduced
New York State Common Retirement Fund414,901$7.87M0.01%−88,329−17.6%Reduced
California State Teachers Retirement System418,998$7.94M0.01%+7,645+1.9%Added
Ameriprise Financial Inc431,220$8.18M0.00%−187,694−30.3%Reduced
Penn Capital Management Co Inc440,217$8.38M0.82%+19,357+4.6%Added
Mitsubishi UFJ Trust & Banking Corp444,526$8.43M0.02%−46,875−9.5%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.451,865$8.57M0.01%+69,700+18.2%Added
HRT Financial LP456,435$8.65M0.05%+343,621+304.6%Added
Russell Investments Group, Ltd.491,705$9.33M0.01%+81,417+19.8%Added
Shellback Capital, LP500,000$9.48M0.92%+327,009+189.0%Added
Hodges Capital Management Inc.504,942$9.57M0.96%−518,920−50.7%Reduced
Castellan Group, LLC512,385$9.71M2.72%+195,974+61.9%Added
TD Waterhouse Canada Inc.512,488$9.77M0.08%−552−0.1%Reduced
Squarepoint Ops LLC518,480$9.83M0.02%−305,002−37.0%Reduced
Granahan Investment Management Inc534,409$10.1M0.50%+237,702+80.1%Added
Alliancebernstein L.P.537,199$10.2M0.00%+35,635+7.1%Added
Bank of Montreal561,741$10.7M0.01%−308,864−35.5%Reduced
State of Wisconsin Investment Board563,196$10.7M0.03%+114,781+25.6%Added
Capital Group Private Client Services, Inc.566,611$10.7M0.10%−14,243−2.5%Reduced
Twinbeech Capital LP579,732$11.0M0.20%+579,732New
Great Lakes Advisors, LLC584,938$11.1M0.10%+350,811+149.8%Added
Wellington Management Group LLP617,304$11.7M0.00%−214,516−25.8%Reduced
Citigroup Inc638,137$12.1M0.01%+207,289+48.1%Added
First Trust Advisors LP639,581$12.1M0.01%−249,613−28.1%Reduced
Canada Pension Plan Investment Board656,800$12.5M0.01%+619,600+1,665.6%Added
Walleye Capital LLC681,807$12.9M0.14%+207,178+43.7%Added
Aristotle Capital Management, LLC683,370$13.0M0.03%−152,994−18.3%Reduced
Raymond James Financial Inc685,056$13.0M0.00%−55,856−7.5%Reduced
London Co of Virginia706,163$13.4M0.08%00.0%Unchanged
California Public Employees Retirement System729,754$13.8M0.01%+22,419+3.2%Added
Candlestick Capital Management LP736,815$14.0M0.55%−998,520−57.5%Reduced
Legal & General Group Plc770,765$14.6M0.00%+142,692+22.7%Added
BNP Paribas Arbitrage, SA817,932$15.5M0.01%−966,936−54.2%Reduced
Kohlberg Kravis Roberts & Co. L.P.831,000$15.8M0.36%+831,000New
Los Angeles Capital Management LLC839,090$15.9M0.07%−1,207,534−59.0%Reduced
Millennium Management LLC844,849$16.0M0.02%−3,764,263−81.7%Reduced
Swiss National Bank851,900$16.2M0.01%−12,900−1.5%Reduced
Rhumbline Advisers891,128$16.9M0.02%+128,084+16.8%Added
Arrowstreet Capital, Limited Partnership923,850$17.5M0.01%−1,291,139−58.3%Reduced
D. E. Shaw & Co., Inc.928,333$17.6M0.02%−3,563,311−79.3%Reduced
Nuveen, LLC971,901$18.4M0.01%+971,901New
Amundi1,135,878$18.5M0.01%+361,834+46.7%Added
Driehaus Capital Management LLC982,792$18.6M0.18%+218,056+28.5%Added
Royal Bank of Canada1,006,710$19.1M0.00%+42,822+4.4%Added
AQR Capital Management LLC1,051,713$19.5M0.02%+833,082+381.0%Added
Jupiter Asset Management Ltd1,039,405$19.7M0.19%−1,129,253−52.1%Reduced