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, Q3 2025
Institutional positions in Norwegian Cruise Line Holdings Ltd. as of Sep 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
- 645
- +37 vs. Q2 2025
- Shares held
- 373.7M
- +21.6M (+6.1%) vs. Q2 2025
- Total value
- $9.20B
- +$2.06B (+28.8%) vs. Q2 2025
- New holders
- 108
- 199 more added
- Sold out
- 71
- 193 more reduced
8 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 638 | $9.92B |
| Q1 2026 | 641 | $8.23B |
| Q4 2025 | 646 | $8.65B |
| Q3 2025 | 645 | $9.20B |
| Q2 2025 | 616 | $7.19B |
| Q1 2025 | 644 | $6.71B |
| Q4 2024 | 674 | $9.00B |
| Q3 2024 | 570 | $6.66B |
| Q2 2024 | 553 | $5.49B |
| Q1 2024 | 524 | $6.47B |
| Q4 2023 | 522 | $5.93B |
| Q3 2023 | 513 | $4.66B |
| Q2 2023 | 531 | $5.71B |
| Q1 2023 | 506 | $3.41B |
| Q4 2022 | 536 | $3.20B |
| Q3 2022 | 507 | $2.80B |
| Q2 2022 | 511 | $2.78B |
| Q1 2022 | 541 | $5.06B |
| Q4 2021 | 553 | $4.77B |
| Q3 2021 | 536 | $5.44B |
| Q2 2021 | 552 | $5.79B |
| Q1 2021 | 540 | $5.61B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Norwegian Cruise Line Holdings Ltd.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 52,688,199 | $1.30B | 0.02% | −556,572−1.0% | Reduced |
| Capital International Investors | 52,448,740 | $1.29B | 0.21% | +449,142+0.9% | Added |
| BlackRock, Inc. | 30,755,668 | $757.5M | 0.01% | −1,123,986−3.5% | Reduced |
| State Street Corp | 16,238,498 | $400.0M | 0.01% | −60,911−0.4% | Reduced |
| Ariel Investments, LLC | 12,084,292 | $297.6M | 3.18% | −285,085−2.3% | Reduced |
| Geode Capital Management, LLC | 11,942,922 | $293.6M | 0.02% | +306,728+2.6% | Added |
| Goldman Sachs Group Inc | 9,927,307 | $244.5M | 0.04% | +6,836,217+221.2% | Added |
| Invesco Ltd. | 8,909,922 | $219.5M | 0.03% | −2,093,999−19.0% | Reduced |
| Citadel Advisors LLC | 8,382,632 | $206.5M | 0.17% | +2,875,735+52.2% | Added |
| UBS Group AG | 6,879,509 | $169.4M | 0.03% | +3,953,480+135.1% | Added |
| Dimensional Fund Advisors LP | 6,606,640 | $162.7M | 0.03% | +391,482+6.3% | Added |
| Bank of America Corp | 6,091,661 | $150.0M | 0.01% | +4,331,620+246.1% | Added |
| Morgan Stanley | 5,934,153 | $146.2M | 0.01% | −1,375,281−18.8% | Reduced |
| Greenhouse Funds LLLP | 5,075,270 | $125.0M | 4.86% | +246,225+5.1% | Added |
| Patient Capital Management, LLC | 4,564,871 | $112.4M | 4.50% | −143,708−3.1% | Reduced |
| BNP Paribas Arbitrage, SA | 4,353,098 | $107.2M | 0.08% | +1,831,869+72.7% | Added |
| Northern Trust Corp | 4,263,654 | $105.0M | 0.01% | +19,089+0.4% | Added |
| Charles Schwab Investment Management Inc | 3,758,987 | $92.6M | 0.01% | +38,585+1.0% | Added |
| Freestone Grove Partners LP | 3,690,333 | $90.9M | 0.68% | +2,849,349+338.8% | Added |
| Royal Bank of Canada | 3,546,088 | $87.3M | 0.02% | −649,427−15.5% | Reduced |
| Goldentree Asset Management LP | 3,313,561 | $81.5M | 6.73% | −684,231−17.1% | Reduced |
| Hound Partners, LLC | 3,093,070 | $76.2M | 9.78% | −259,766−7.7% | Reduced |
| Point72 Asset Management, L.P. | 3,046,134 | $75.0M | 0.16% | +3,046,134 | New |
| Balyasny Asset Management LLC | 2,771,061 | $68.3M | 0.14% | +2,389,540+626.3% | Added |
| Candlestick Capital Management LP | 2,767,223 | $68.2M | 2.65% | +1,248,442+82.2% | Added |
| Columbus Hill Capital Management, L.P. | 2,720,728 | $67.0M | 8.84% | +144,019+5.6% | Added |
| Two Sigma Advisers, LP | 2,625,209 | $64.7M | 0.13% | −831,100−24.0% | Reduced |
| Commonwealth Equity Services, LLC | 2,616,170 | $64.4M | 0.08% | +189,591+7.8% | Added |
| Alyeska Investment Group, L.P. | 2,371,241 | $58.4M | 0.18% | +2,371,241 | New |
| Bank of New York Mellon Corp | 2,339,612 | $57.6M | 0.01% | +39,771+1.7% | Added |
| JPMorgan Chase & Co | 2,309,488 | $56.9M | 0.00% | −1,577,202−40.6% | Reduced |
| Benchstone Capital Management LP | 2,133,322 | $52.5M | 7.17% | +323,827+17.9% | Added |
| Citigroup Inc | 2,119,090 | $52.2M | 0.04% | +1,638,889+341.3% | Added |
| Victory Capital Management Inc | 2,048,191 | $50.4M | 0.03% | +450,951+28.2% | Added |
| Two Sigma Investments, LP | 2,034,861 | $50.1M | 0.08% | −2,602,307−56.1% | Reduced |
| TimesSquare Capital Management, LLC | 1,970,972 | $48.5M | 0.69% | +1,970,972 | New |
| Barclays PLC | 1,871,716 | $46.1M | 0.02% | +366,571+24.4% | Added |
| Marshall Wace, LLP | 1,775,850 | $43.7M | 0.05% | −2,622,466−59.6% | Reduced |
| American Century Companies Inc | 1,743,772 | $42.9M | 0.02% | +318,819+22.4% | Added |
| Primecap Management Co | 1,680,004 | $41.4M | 0.03% | −36,701−2.1% | Reduced |
| Arrowstreet Capital, Limited Partnership | 1,648,621 | $40.6M | 0.03% | +988,657+149.8% | Added |
| Millennium Management LLC | 1,647,639 | $40.6M | 0.03% | −2,333,342−58.6% | Reduced |
| Federated Hermes, Inc. | 1,634,895 | $40.3M | 0.07% | −24,995−1.5% | Reduced |
| Mane Global Capital Management LP | 1,598,532 | $39.4M | 1.85% | +1,598,532 | New |
| Avala Global LP | 1,449,400 | $35.7M | 1.48% | +1,449,400 | New |
| Deutsche Bank AG | 1,402,057 | $34.5M | 0.01% | −416,424−22.9% | Reduced |
| GEM Realty Capital | 1,390,358 | $34.2M | 3.21% | +1,390,358 | New |
| UBS Asset Management Americas Inc | 1,365,556 | $33.6M | 0.01% | −687,022−33.5% | Reduced |
| Amundi | 1,384,494 | $33.4M | 0.01% | −134,183−8.8% | Reduced |
| Ameriprise Financial Inc | 1,273,219 | $31.4M | 0.01% | +959,749+306.2% | Added |
| CIBC World Markets Inc. | 1,224,693 | $30.2M | 0.06% | −40,159−3.2% | Reduced |
| Interval Partners, LP | 1,205,334 | $29.7M | 0.64% | −1,710,434−58.7% | Reduced |
| Eminence Capital, LP | 1,097,841 | $27.0M | 0.40% | +1,097,841 | New |
| Nuveen, LLC | 978,634 | $24.1M | 0.01% | −174,406−15.1% | Reduced |
| Rhumbline Advisers | 893,733 | $22.0M | 0.02% | −38,472−4.1% | Reduced |
| Swiss National Bank | 866,300 | $21.3M | 0.01% | +19,300+2.3% | Added |
| Wellington Management Group LLP | 826,782 | $20.4M | 0.00% | +485,715+142.4% | Added |
| California Public Employees Retirement System | 824,284 | $20.3M | 0.01% | +57,459+7.5% | Added |
| Verition Fund Management LLC | 808,045 | $19.9M | 0.11% | +380,627+89.1% | Added |
| Legal & General Group Plc | 796,106 | $19.6M | 0.00% | −55,315−6.5% | Reduced |
| Northern Right Capital Management, L.P. | 790,760 | $19.5M | 6.03% | +790,760 | New |
| Aristotle Capital Management, LLC | 722,705 | $17.8M | 0.03% | −3,256−0.4% | Reduced |
| Kohlberg Kravis Roberts & Co. L.P. | 719,004 | $17.7M | 0.30% | −111,996−13.5% | Reduced |
| Empowered Funds, LLC | 717,079 | $17.7M | 0.18% | +56,111+8.5% | Added |
| London Co of Virginia | 706,163 | $17.4M | 0.10% | 00.0% | Unchanged |
| Squarepoint Ops LLC | 665,115 | $16.4M | 0.03% | −2,426,028−78.5% | Reduced |
| Price T Rowe Associates Inc | 658,823 | $16.2M | 0.00% | +14,402+2.2% | Added |
| Incline Global Management LLC | 632,949 | $15.6M | 4.62% | −1,032−0.2% | Reduced |
| Quantbot Technologies LP | 601,508 | $14.8M | 0.40% | +433,222+257.4% | Added |
| Ossiam | 597,440 | $14.7M | 0.19% | +591,052+9,252.5% | Added |
| New York State Common Retirement Fund | 593,189 | $14.6M | 0.02% | +111,982+23.3% | Added |
| Penn Capital Management Co Inc | 587,762 | $14.5M | 1.12% | +126,374+27.4% | Added |
| Stifel Financial Corp | 574,251 | $14.1M | 0.01% | +156,176+37.4% | Added |
| Wells Fargo & Company | 556,916 | $13.7M | 0.00% | +25,526+4.8% | Added |
| STRS Ohio | 525,576 | $12.9M | 0.05% | +472,042+881.8% | Added |
| Trexquant Investment LP | 521,918 | $12.9M | 0.13% | +521,918 | New |
| Principal Financial Group Inc | 520,838 | $12.8M | 0.01% | −12,640−2.4% | Reduced |
| Baird Financial Group, Inc. | 519,550 | $12.8M | 0.02% | +7,273+1.4% | Added |
| CastleKnight Management LP | 512,500 | $12.6M | 0.68% | −265,300−34.1% | Reduced |
| State of Wisconsin Investment Board | 507,942 | $12.5M | 0.03% | +570+0.1% | Added |
| Capital Fund Management S.A. | 502,728 | $12.4M | 0.12% | −74,354−12.9% | Reduced |
| Deltec Asset Management LLC | 490,300 | $12.1M | 1.99% | +182,000+59.0% | Added |
| SummitTX Capital, L.P. | 487,748 | $12.0M | 0.50% | +225,748+86.2% | Added |
| Gotham Asset Management, LLC | 484,303 | $11.9M | 0.05% | −1,728−0.4% | Reduced |
| Nicholas Investment Partners, LP | 484,250 | $11.9M | 0.91% | +130,587+36.9% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 472,645 | $11.6M | 0.01% | +13,939+3.0% | Added |
| Bank of Montreal | 464,369 | $11.4M | 0.01% | −5,040−1.1% | Reduced |
| Allspring Global Investments Holdings, LLC | 457,169 | $11.1M | 0.02% | +97,275+27.0% | Added |
| Alliancebernstein L.P. | 447,974 | $11.0M | 0.00% | +4,811+1.1% | Added |
| Aquatic Capital Management LLC | 444,617 | $11.0M | 0.20% | +444,617 | New |
| Walleye Capital LLC | 431,305 | $10.6M | 0.09% | −455,334−51.4% | Reduced |
| AQR Capital Management LLC | 423,015 | $10.4M | 0.01% | +293,356+226.3% | Added |
| California State Teachers Retirement System | 421,452 | $10.4M | 0.01% | +4,954+1.2% | Added |
| Adage Capital Partners GP, L.L.C. | 411,400 | $10.1M | 0.02% | +2,200+0.5% | Added |
| Calamos Advisors LLC | 409,787 | $10.1M | 0.04% | 00.0% | Unchanged |
| Granahan Investment Management Inc | 401,759 | $9.90M | 0.41% | −198,655−33.1% | Reduced |
| State Board of Administration of Florida Retirement System | 387,149 | $9.54M | 0.02% | −27,083−6.5% | Reduced |
| J. Goldman & Co LP | 384,717 | $9.48M | 0.36% | −121,102−23.9% | Reduced |
| Raymond James Financial Inc | 381,218 | $9.39M | 0.00% | −50,174−11.6% | Reduced |
| Boothbay Fund Management, LLC | 377,114 | $9.29M | 0.24% | +358,669+1,944.5% | Added |