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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, Q2 2025

Institutional positions in Norwegian Cruise Line Holdings Ltd. as of Jun 30, 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
616
−19 vs. Q1 2025
Shares held
354.7M
+1.39M (+0.4%) vs. Q1 2025
Total value
$7.19B
+$499.7M (+7.5%) vs. Q1 2025
New holders
82
228 more added
Sold out
101
180 more reduced

9 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 616 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 heldQ2 2025: $7.19B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Norwegian Cruise Line Holdings Ltd.; share changes are against Q1 2025.

Institutions holding NCLH in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc53,244,771$1.08B0.02%−715,790−1.3%Reduced
Capital International Investors51,999,598$1.05B0.18%−3,612,399−6.5%Reduced
BlackRock, Inc.31,879,654$646.5M0.01%+1,131,075+3.7%Added
State Street Corp16,299,409$330.6M0.01%+524,239+3.3%Added
Ariel Investments, LLC12,369,377$250.9M2.84%+3,288,207+36.2%Added
Geode Capital Management, LLC11,636,194$235.5M0.02%+370,064+3.3%Added
Invesco Ltd.11,003,921$223.2M0.04%−473,685−4.1%Reduced
Morgan Stanley7,309,434$148.2M0.01%−3,429,740−31.9%Reduced
Dimensional Fund Advisors LP6,215,158$126.0M0.03%+746,111+13.6%Added
Citadel Advisors LLC5,506,897$111.7M0.10%+3,456,435+168.6%Added
Greenhouse Funds LLLP4,829,045$97.9M4.09%+728,197+17.8%Added
Patient Capital Management, LLC4,708,579$95.5M4.31%+1,118,486+31.2%Added
Two Sigma Investments, LP4,637,168$94.0M0.17%+1,695,922+57.7%Added
Marshall Wace, LLP4,398,316$89.2M0.11%+1,844,433+72.2%Added
Northern Trust Corp4,244,565$86.1M0.01%−28,225−0.7%Reduced
Royal Bank of Canada4,195,515$85.1M0.02%+3,188,805+316.8%Added
Goldentree Asset Management LP3,997,792$80.9M7.81%+771,955+23.9%Added
Millennium Management LLC3,980,981$80.7M0.07%+3,136,132+371.2%Added
JPMorgan Chase & Co3,886,690$78.8M0.01%+418,891+12.1%Added
Charles Schwab Investment Management Inc3,720,402$75.4M0.01%+139,037+3.9%Added
Two Sigma Advisers, LP3,456,309$70.1M0.14%−109,200−3.1%Reduced
Hound Partners, LLC3,352,836$68.0M9.19%−616,094−15.5%Reduced
Squarepoint Ops LLC3,091,143$62.7M0.14%+2,572,663+496.2%Added
Goldman Sachs Group Inc3,091,090$62.7M0.01%+967,241+45.5%Added
UBS Group AG2,926,029$59.3M0.01%−918,548−23.9%Reduced
Interval Partners, LP2,915,768$59.1M1.35%+2,915,768New
Columbus Hill Capital Management, L.P.2,576,709$52.3M7.52%+547,790+27.0%Added
BNP Paribas Arbitrage, SA2,521,229$51.1M0.04%+1,703,297+208.2%Added
Norges Bank2,446,735$49.6M0.01%−1,624,559−39.9%Reduced
Commonwealth Equity Services, LLC2,426,579$49.2M0.07%+1,375,719+130.9%Added
Bank of New York Mellon Corp2,299,841$46.6M0.01%−213,191−8.5%Reduced
UBS Asset Management Americas Inc2,052,578$41.6M0.01%+515,870+33.6%Added
59 North Capital Management, LP1,886,994$38.3M1.37%−1,798,511−48.8%Reduced
Deutsche Bank AG1,818,481$36.9M0.01%−291,234−13.8%Reduced
Benchstone Capital Management LP1,809,495$36.7M3.24%−191,075−9.6%Reduced
Bank of America Corp1,760,041$35.7M0.00%+166,275+10.4%Added
Primecap Management Co1,716,705$34.8M0.03%−9,299−0.5%Reduced
Federated Hermes, Inc.1,659,890$33.7M0.06%+210,073+14.5%Added
Amundi1,518,677$32.5M0.01%+382,799+33.7%Added
Victory Capital Management Inc1,597,240$32.4M0.02%+268,932+20.2%Added
Candlestick Capital Management LP1,518,781$30.8M1.02%+781,966+106.1%Added
Barclays PLC1,505,145$30.5M0.01%+102,206+7.3%Added
American Century Companies Inc1,424,953$28.9M0.02%+135,056+10.5%Added
CIBC World Markets Inc.1,264,852$25.7M0.06%+178,293+16.4%Added
Schonfeld Strategic Advisors LLC1,179,341$23.9M0.18%+1,179,341New
Nuveen, LLC1,153,040$23.4M0.01%+181,139+18.6%Added
Capital World Investors1,100,000$22.3M0.00%00.0%Unchanged
HRT Financial LP1,011,915$20.5M0.09%+555,480+121.7%Added
Rhumbline Advisers932,205$18.9M0.02%+41,077+4.6%Added
Walleye Capital LLC886,639$18.0M0.17%+204,832+30.0%Added
Legal & General Group Plc851,421$17.3M0.00%+80,656+10.5%Added
Swiss National Bank847,000$17.2M0.01%−4,900−0.6%Reduced
Freestone Grove Partners LP840,984$17.1M0.13%+840,984New
Kohlberg Kravis Roberts & Co. L.P.831,000$16.9M0.35%00.0%Unchanged
Susquehanna International Group, LLP802,636$16.3M0.02%+577,804+257.0%Added
CastleKnight Management LP777,800$15.8M1.04%+668,500+611.6%Added
California Public Employees Retirement System766,825$15.6M0.01%+37,071+5.1%Added
Aristotle Capital Management, LLC725,961$14.7M0.03%+42,591+6.2%Added
Walleye Trading LLC710,904$14.4M0.35%+710,904New
London Co of Virginia706,163$14.3M0.08%00.0%Unchanged
Empowered Funds, LLC660,968$13.4M0.15%+660,968New
Arrowstreet Capital, Limited Partnership659,964$13.4M0.01%−263,886−28.6%Reduced
Price T Rowe Associates Inc644,421$13.1M0.00%−1,690,784−72.4%Reduced
Incline Global Management LLC633,981$12.9M5.06%+633,981New
Jane Street Group, LLC616,739$12.5M0.02%+583,493+1,755.1%Added
Granahan Investment Management Inc600,414$12.2M0.50%+66,005+12.4%Added
Capital Fund Management S.A.577,082$11.7M0.13%+577,082New
Capital Group Private Client Services, Inc.553,308$11.2M0.10%−13,303−2.3%Reduced
Principal Financial Group Inc533,478$10.8M0.01%−813,551−60.4%Reduced
Wells Fargo & Company531,390$10.8M0.00%+124,117+30.5%Added
Baird Financial Group, Inc.512,277$10.4M0.02%+172,938+51.0%Added
State of Wisconsin Investment Board507,372$10.3M0.03%−55,824−9.9%Reduced
J. Goldman & Co LP505,819$10.3M0.32%+505,819New
Man Group plc502,148$10.2M0.02%+107,126+27.1%Added
Gotham Asset Management, LLC486,031$9.86M0.06%+205,946+73.5%Added
New York State Common Retirement Fund481,207$9.76M0.01%+66,306+16.0%Added
Citigroup Inc480,201$9.74M0.01%−157,936−24.7%Reduced
Bank of Montreal469,409$9.52M0.00%−92,332−16.4%Reduced
Penn Capital Management Co Inc461,388$9.39M0.81%+21,171+4.8%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.458,706$9.30M0.01%+6,841+1.5%Added
La Banque Postale Asset Management SA452,917$9.19M0.13%+262,714+138.1%Added
Alliancebernstein L.P.443,163$8.99M0.00%−94,036−17.5%Reduced
Raymond James Financial Inc431,392$8.75M0.00%−253,664−37.0%Reduced
Renaissance Technologies LLC427,726$8.67M0.01%−3,349,805−88.7%Reduced
Verition Fund Management LLC427,418$8.67M0.05%+158,532+59.0%Added
Stifel Financial Corp418,075$8.48M0.01%+16,575+4.1%Added
California State Teachers Retirement System416,498$8.45M0.01%−2,500−0.6%Reduced
State Board of Administration of Florida Retirement System414,232$8.40M0.01%+4,280+1.0%Added
Calamos Advisors LLC409,787$8.31M0.04%00.0%Unchanged
Adage Capital Partners GP, L.L.C.409,200$8.30M0.01%+409,200New
Intech Investment Management LLC404,555$8.20M0.08%+384,697+1,937.2%Added
Harbor Capital Advisors, Inc.400,763$8.13M0.34%+76,319+23.5%Added
Balyasny Asset Management LLC381,521$7.74M0.02%+191,779+101.1%Added
Public Employees Retirement System of Ohio375,254$7.61M0.03%+35,224+10.4%Added
Allspring Global Investments Holdings, LLC359,894$7.55M0.01%+104,168+40.7%Added
New York State Teachers Retirement System362,655$7.36M0.02%−27,212−7.0%Reduced
Nicholas Investment Partners, LP353,663$7.17M0.64%+13,861+4.1%Added
Bullseye Asset Management LLC348,760$7.07M3.53%+1,000+0.3%Added
Creative Planning346,938$7.04M0.01%−12,669−3.5%Reduced
Wellington Management Group LLP341,067$6.92M0.00%−276,237−44.7%Reduced