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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
Ameriprise Financial Inc313,470$6.36M0.00%−117,750−27.3%Reduced
MetLife Investment Management311,727$6.32M0.04%+70,666+29.3%Added
Deltec Asset Management LLC308,300$6.25M1.11%+240,000+351.4%Added
Manufacturers Life Insurance Company, The305,928$6.20M0.01%−9,533−3.0%Reduced
National Bank of Canada299,612$6.08M0.01%+74,539+33.1%Added
Los Angeles Capital Management LLC299,257$6.07M0.02%−539,833−64.3%Reduced
LPL Financial LLC293,787$5.96M0.00%+29,759+11.3%Added
Van Eck Associates Corp279,054$5.66M0.01%+5,216+1.9%Added
HSBC Holdings PLC267,195$5.39M0.00%+35,748+15.4%Added
SummitTX Capital, L.P.262,000$5.31M0.24%+262,000New
SEI Investments Co259,526$5.26M0.01%−7,845−2.9%Reduced
South Dakota Investment Council259,145$5.25M0.10%00.0%Unchanged
Voya Investment Management LLC252,261$5.12M0.01%−6,931−2.7%Reduced
Chevy Chase Trust Holdings, Inc.236,102$4.79M0.01%+5,397+2.3%Added
Russell Investments Group, Ltd.225,223$4.57M0.01%−266,482−54.2%Reduced
Leonteq Securities AG222,023$4.50M0.26%+7,822+3.7%Added
Twin Tree Management, LP215,696$4.37M0.11%+21,020+10.8%Added
Landscape Capital Management, L.L.C.214,133$4.34M0.34%−42,629−16.6%Reduced
Treasurer of the State of North Carolina206,597$4.19M0.01%+5,866+2.9%Added
Quantinno Capital Management LP201,360$4.08M0.02%−130,104−39.3%Reduced
Janus Henderson Group PLC199,339$4.04M0.00%−11,957−5.7%Reduced
Qube Research & Technologies Ltd190,978$3.87M0.01%+162,679+574.9%Added
Toronto Dominion Bank187,496$3.80M0.01%+38,011+25.4%Added
Great West Life Assurance Co187,180$3.80M0.01%+9,083+5.1%Added
Ensign Peak Advisors, Inc175,032$3.55M0.01%00.0%Unchanged
Shellback Capital, LP175,000$3.55M0.24%−325,000−65.0%Reduced
Police & Firemen's Retirement System of New Jersey168,901$3.43M0.03%+9,090+5.7%Added
Quantbot Technologies LP168,286$3.41M0.09%+42,995+34.3%Added
Hussman Strategic Advisors, Inc.168,000$3.41M0.78%+168,000New
Blair William & Co163,493$3.32M0.01%+163,493New
Canada Pension Plan Investment Board162,400$3.29M0.00%−494,400−75.3%Reduced
State of New Jersey Common Pension Fund D157,123$3.19M0.01%−1,148−0.7%Reduced
Algert Global LLC154,866$3.14M0.07%−92,690−37.4%Reduced
State of Tennessee, Treasury Department149,333$3.03M0.01%−255,012−63.1%Reduced
Twin Lakes Capital Management, LLC148,962$3.02M1.84%−4,296−2.8%Reduced
Simplex Trading, LLC143,802$2.92M0.08%+143,802New
Envestnet Asset Management Inc143,358$2.91M0.00%−7,215−4.8%Reduced
ProShare Advisors LLC142,617$2.89M0.01%+4,294+3.1%Added
Korea Investment CORP142,350$2.89M0.01%00.0%Unchanged
Cerity Partners LLC138,172$2.80M0.00%−19,825−12.5%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)135,680$2.75M0.01%−5,906−4.2%Reduced
UBS Oconnor LLC135,000$2.74M0.07%−43,031−24.2%Reduced
AQR Capital Management LLC129,659$2.63M0.00%−922,054−87.7%Reduced
Arizona State Retirement System129,374$2.62M0.02%+3,301+2.6%Added
First Trust Advisors LP127,947$2.59M0.00%−511,634−80.0%Reduced
HighTower Advisors, LLC127,529$2.59M0.00%+10,505+9.0%Added
Group One Trading, L.P.126,868$2.57M0.08%+126,868New
Spectrum Strategic Capital Management, LLC124,435$2.52M1.61%+124,435New
Parallax Volatility Advisers, L.P.123,466$2.50M0.10%−129,869−51.3%Reduced
IMC-Chicago, LLC121,707$2.47M0.06%+32,583+36.6%Added
State of Michigan Retirement System119,279$2.42M0.01%00.0%Unchanged
Handelsbanken Fonder AB115,400$2.34M0.01%00.0%Unchanged
Capital International Sarl115,191$2.34M0.04%−17,964−13.5%Reduced
Cetera Investment Advisers114,998$2.33M0.00%−90,881−44.1%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys109,582$2.22M0.01%+9,026+9.0%Added
Czech National Bank109,215$2.21M0.02%+8,221+8.1%Added
Leuthold Group, LLC107,021$2.17M0.26%−1,707−1.6%Reduced
New York Life Investment Management LLC105,894$2.15M0.02%+879+0.8%Added
Wolverine Trading, LLC106,026$2.14M0.05%+50,015+89.3%Added
Quadrature Capital Ltd105,265$2.13M0.04%+105,265New
The PNC Financial Services Group, Inc.104,292$2.12M0.00%+3,801+3.8%Added
Universal- Beteiligungs- und Servicegesellschaft mbH104,177$2.11M0.00%+10,633+11.4%Added
Janney Montgomery Scott LLC102,330$2.08M0.01%+15,585+18.0%Added
Hanson & Doremus Investment Management100,810$2.04M0.27%+6,378+6.8%Added
Covalis Capital LLP99,306$2.01M0.25%+99,306New
Pacer Advisors, Inc.99,196$2.01M0.01%+36,895+59.2%Added
M.E. Allison & Co., Inc.97,680$1.98M1.59%+17,000+21.1%Added
KLP Kapitalforvaltning AS97,000$1.97M0.01%+10,500+12.1%Added
Retirement Systems of Alabama95,876$1.94M0.01%+1,389+1.5%Added
Amalgamated Bank95,605$1.94M0.01%+3,415+3.7%Added
Yousif Capital Management, LLC94,239$1.91M0.02%−2,172−2.3%Reduced
Nisa Investment Advisors, LLC92,039$1.87M0.01%+12,689+16.0%Added
Public Sector Pension Investment Board91,959$1.86M0.01%−26,699−22.5%Reduced
International Assets Investment Management, LLC91,226$1.85M0.15%+28,418+45.2%Added
Advisor Group Holdings, Inc.90,786$1.84M0.00%+7,930+9.6%Added
Pictet Asset Management Holding SA89,112$1.81M0.00%−15,555−14.9%Reduced
CI Private Wealth, LLC86,502$1.75M0.00%−17,490−16.8%Reduced
III Capital Management85,600$1.74M0.31%+40,000+87.7%Added
Infusive Asset Management Inc.84,057$1.70M0.76%+84,057New
Capstone Investment Advisors, LLC84,051$1.70M0.01%+52,623+167.4%Added
Wolverine Asset Management LLC82,125$1.67M0.03%00.0%Unchanged
Virtus ETF Advisers LLC81,670$1.66M1.01%00.0%Unchanged
TD Asset Management Inc81,425$1.65M0.00%+3,692+4.7%Added
CIBC World Markets Corp78,566$1.59M0.01%+825+1.1%Added
FMR LLC78,405$1.59M0.00%+23,173+42.0%Added
Xponance, Inc.76,009$1.54M0.01%−2,077−2.7%Reduced
Lazard Asset Management LLC75,440$1.53M0.00%−2,404−3.1%Reduced
Prudential Financial Inc74,599$1.51M0.00%+13,692+22.5%Added
Natixis Advisors, L.P.73,484$1.49M0.00%−105,655−59.0%Reduced
Utah Retirement Systems72,750$1.48M0.02%00.0%Unchanged
AXA S.A.70,014$1.42M0.00%−63,533−47.6%Reduced
Storebrand Asset Management AS69,642$1.41M0.00%00.0%Unchanged
Teacher Retirement System of Texas67,300$1.36M0.01%+3,017+4.7%Added
Rafferty Asset Management, LLC66,724$1.35M0.00%+21,209+46.6%Added
Martingale Asset Management L P66,691$1.35M0.03%+15,668+30.7%Added
LMR Partners LLP66,621$1.35M0.02%−7,892−10.6%Reduced
Daiwa Securities Group Inc.65,574$1.33M0.00%−71,676−52.2%Reduced
Emerald Advisers, LLC62,747$1.27M0.05%−923−1.4%Reduced
Jones Financial Companies LLLP62,867$1.27M0.00%+17,327+38.0%Added
Bank of Nova Scotia61,909$1.26M0.00%−261,084−80.8%Reduced