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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, Q4 2025

Institutional positions in Norwegian Cruise Line Holdings Ltd. as of Dec 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
646
+14 vs. Q3 2025
Shares held
387.8M
+14.2M (+3.8%) vs. Q3 2025
Total value
$8.65B
−$544.8M (−5.9%) vs. Q3 2025
New holders
106
232 more added
Sold out
92
178 more reduced

13 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 646 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 heldQ4 2025: $8.65B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Norwegian Cruise Line Holdings Ltd.; share changes are against Q3 2025.

Institutions holding NCLH in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
IMA Wealth, Inc.111$2.48K0.00%+111New
Trust Co of Vermont111$2.48K0.00%00.0%Unchanged
Red Tortoise LLC111$2.48K0.00%00.0%Unchanged
TFC Financial Management118$2.63K0.00%−14−10.6%Reduced
True Wealth Design, LLC145$3.24K0.00%−5−3.3%Reduced
Tidemark, LLC150$3.35K0.00%00.0%Unchanged
Legacy Wealth Managment, LLC150$3.35K0.00%00.0%Unchanged
Ares Financial Consulting, LLC155$3.46K0.00%+155New
Fortitude Family Office, LLC156$3.48K0.00%−83−34.7%Reduced
Crewe Advisors LLC167$3.73K0.00%00.0%Unchanged
Grove Bank & Trust176$3.93K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC177$3.95K0.00%+19+12.0%Added
Winthrop Capital Management, LLC200$4.00K0.00%00.0%Unchanged
IFC & Insurance Marketing, Inc.180$4.00K0.00%+180New
Anfield Capital Management, LLC184$4.11K0.00%+78+73.6%Added
Meeder Asset Management Inc188$4.20K0.00%−195−50.9%Reduced
SOA Wealth Advisors, LLC.195$4.35K0.00%00.0%Unchanged
St Germain D J Co Inc200$4.46K0.00%00.0%Unchanged
NBT Bank N A200$4.46K0.00%00.0%Unchanged
GHP Investment Advisors, Inc.200$4.46K0.00%00.0%Unchanged
JNBA Financial Advisors200$4.46K0.00%00.0%Unchanged
Darwin Advisors, LLC200$4.46K0.00%00.0%Unchanged
Stone House Investment Management, LLC200$4.46K0.00%00.0%Unchanged
Addison Advisors LLC200$4.46K0.00%00.0%Unchanged
Private Wealth Asset Management, LLC200$4.46K0.00%00.0%Unchanged
Aviso Financial Inc.200$4.46K0.00%00.0%Unchanged
Stephens Consulting, LLC200$4.46K0.00%+200New
Beacon Financial Strategies CORP200$4.46K0.00%+200New
Monetary Solutions, Ltd200$4.46K0.00%+200New
Triumph Capital Management210$4.69K0.00%+210New
Anchor Investment Management, LLC220$4.91K0.00%00.0%Unchanged
Cape Investment Advisory, Inc.223$4.98K0.00%−77−25.7%Reduced
Costello Asset Management, INC225$5.02K0.00%00.0%Unchanged
Ancora Advisors, LLC226$5.04K0.00%+221+4,420.0%Added
Ritter Daniher Financial Advisory LLC233$5.20K0.00%+233New
Hager Investment Management Services, LLC235$5.25K0.00%00.0%Unchanged
Bartlett & Co. Wealth Management LLC235$5.25K0.00%+38+19.3%Added
Scarborough Advisors, LLC240$5.36K0.00%00.0%Unchanged
McIlrath & Eck, LLC253$5.65K0.00%+50+24.6%Added
Farmers & Merchants Investments Inc255$5.69K0.00%00.0%Unchanged
MV Capital Management, Inc.258$5.76K0.00%+3+1.2%Added
Clark Wealth Partners258$5.76K0.00%00.0%Unchanged
Bell Investment Advisors, Inc259$5.78K0.00%00.0%Unchanged
Creative Financial Designs Inc300$6.70K0.00%00.0%Unchanged
First Community Trust NA300$6.70K0.00%00.0%Unchanged
Evolution Wealth Management Inc.300$6.70K0.01%00.0%Unchanged
Kilter Group LLC303$6.76K0.00%+83+37.7%Added
N.E.W. Advisory Services LLC305$6.81K0.00%−1−0.3%Reduced
Motiv8 Investments LLC300$7.00K0.00%+300New
Financial Perspectives, Inc315$7.03K0.00%00.0%Unchanged
Fairscale Capital, LLC322$7.19K0.00%00.0%Unchanged
Atlantic Trust, LLC332$7.41K0.00%+48+16.9%Added
UMA Financial Services, Inc.351$7.83K0.00%00.0%Unchanged
Harel Insurance Investments & Financial Services Ltd.358$8.00K0.00%−1−0.3%Reduced
Valley National Advisers Inc360$8.00K0.00%+237+192.7%Added
Signature Equity Partners, LLC360$8.04K0.00%+360New
Annis Gardner Whiting Capital Advisors, LLC369$8.24K0.00%+236+177.4%Added
Strategic Wealth Partners, Ltd.370$8.26K0.00%+36+10.8%Added
REAP Financial Group, LLC373$8.33K0.00%+373New
First Command Advisory Services, Inc.400$8.93K0.00%00.0%Unchanged
Nalls Sherbakoff Group, LLC400$8.93K0.01%00.0%Unchanged
Berbice Capital Management LLC400$8.93K0.01%00.0%Unchanged
GW&K Investment Management, LLC403$9.00K0.00%+104+34.8%Added
Prestige Wealth Management Group LLC416$9.29K0.00%00.0%Unchanged
Global X Japan Co., Ltd.420$9.37K0.00%−273−39.4%Reduced
Manchester Capital Management LLC431$9.62K0.00%+201+87.4%Added
Financial Freedom, LLC500$11.2K0.01%00.0%Unchanged
Bank of Jackson Hole Trust500$11.2K0.01%00.0%Unchanged
Jessup Wealth Management, Inc500$11.2K0.00%+500New
Ankerstar Wealth, LLC500$11.2K0.01%+500New
DiNuzzo Private Wealth, Inc.539$12.0K0.00%−4−0.7%Reduced
Activest Wealth Management579$12.9K0.00%+381+192.4%Added
Spire Wealth Management600$13.4K0.00%+42+7.5%Added
LRI Investments, LLC608$13.6K0.00%00.0%Unchanged
DV Equities, LLC620$13.8K0.00%+620New
Plante Moran Financial Advisors, LLC630$14.1K0.00%00.0%Unchanged
Clear Street Markets LLC677$15.1K0.00%−103−13.2%Reduced
Ronald Blue Trust, Inc.687$15.3K0.00%−72−9.5%Reduced
Cullen/Frost Bankers, Inc.687$15.3K0.00%+574+508.0%Added
Key Financial Inc700$15.6K0.00%00.0%Unchanged
AdvisorNet Financial, Inc725$16.2K0.00%+39+5.7%Added
Assetmark, Inc726$16.2K0.00%+67+10.2%Added
SJS Investment Consulting Inc.746$16.7K0.00%+712+2,094.1%Added
Cherry Tree Wealth Management, LLC750$16.7K0.00%+750New
Atlas Capital Advisors LLC818$18.3K0.00%+818New
Barrow Hanley Mewhinney & Strauss LLC927$20.7K0.00%00.0%Unchanged
Elequin Capital LP957$21.4K0.00%+957New
Rossby Financial, LCC1,000$22.3K0.01%00.0%Unchanged
Peregrine Capital Management LLC1,050$23.4K0.00%00.0%Unchanged
Private Wealth Management Group, LLC1,076$24.0K0.01%00.0%Unchanged
SHP Wealth Management1,147$25.6K0.00%+1,147New
South State Corp.1,155$25.8K0.00%−1,046−47.5%Reduced
Sentry Investment Management LLC1,212$27.0K0.02%00.0%Unchanged
Onefund, LLC1,244$27.8K0.02%+78+6.7%Added
Essential Partners LLC1,386$30.9K0.01%+1,373+10,561.5%Added
Massmutual Trust Co FSB1,414$31.6K0.00%−84−5.6%Reduced
Clearstead Advisors, LLC1,607$35.9K0.00%+909+130.2%Added
Jefferies Financial Group Inc.1,626$36.3K0.00%+1,626New
Morse Asset Management, Inc1,865$41.6K0.01%−9,380−83.4%Reduced
Cromwell Holdings LLC1,865$41.6K0.02%00.0%Unchanged