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.
| 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, Q4 2025
Shares, value and share of portfolio for each institution holding Norwegian Cruise Line Holdings Ltd.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Sagespring Wealth Partners, LLC | 33,243 | $742.0K | 0.01% | −3,903−10.5% | Reduced |
| Sapience Investments, LLC | 33,287 | $743.0K | 2.80% | +7,831+30.8% | Added |
| O'Shaughnessy Asset Management, LLC | 33,421 | $746.0K | 0.00% | −2,932−8.1% | Reduced |
| Vontobel Holding Ltd. | 33,751 | $753.3K | 0.00% | +10,762+46.8% | Added |
| Prelude Capital Management, LLC | 33,889 | $756.4K | 0.06% | −16,381−32.6% | Reduced |
| Teachers Retirement System of the State of Kentucky | 34,401 | $767.0K | 0.01% | 00.0% | Unchanged |
| Daiwa Securities Group Inc. | 34,980 | $781.0K | 0.00% | +2,330+7.1% | Added |
| PKO Investment Management Joint-Stock Co | 35,000 | $781.2K | 0.06% | 00.0% | Unchanged |
| TD Waterhouse Canada Inc. | 35,293 | $788.1K | 0.00% | +200+0.6% | Added |
| Fifth Third Bancorp | 35,406 | $790.3K | 0.00% | −3,575−9.2% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 35,736 | $798.0K | 0.00% | −5,431−13.2% | Reduced |
| Evergreen Capital Management LLC | 37,204 | $830.4K | 0.02% | +37,204 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 37,664 | $840.7K | 0.00% | +173+0.5% | Added |
| Emerald Advisers, LLC | 38,940 | $869.1K | 0.03% | −19,990−33.9% | Reduced |
| Pathstone Holdings, LLC | 39,222 | $875.4K | 0.00% | +522+1.3% | Added |
| Martingale Asset Management L P | 42,106 | $939.8K | 0.02% | −24,546−36.8% | Reduced |
| Allspring Global Investments Holdings, LLC | 41,592 | $947.5K | 0.00% | −415,577−90.9% | Reduced |
| LMR Partners LLP | 43,611 | $973.4K | 0.01% | +18,333+72.5% | Added |
| Prudential Financial Inc | 43,997 | $982.0K | 0.00% | −34,386−43.9% | Reduced |
| Envestnet Asset Management Inc | 44,882 | $1.00M | 0.00% | −105,558−70.2% | Reduced |
| State of Alaska, Department of Revenue | 44,944 | $1.00M | 0.01% | −3,570−7.4% | Reduced |
| Orvieto Partners, L.P. | 45,000 | $1.00M | 0.84% | +15,000+50.0% | Added |
| Yousif Capital Management, LLC | 49,360 | $1.01M | 0.01% | −26,708−35.1% | Reduced |
| Spectrum Strategic Capital Management, LLC | 45,378 | $1.01M | 0.54% | −69,560−60.5% | Reduced |
| Public Employees Retirement Association of Colorado | 45,398 | $1.01M | 0.00% | 00.0% | Unchanged |
| Harvest Portfolios Group Inc. | 47,077 | $1.05M | 0.02% | −6,958−12.9% | Reduced |
| Pacer Advisors, Inc. | 47,090 | $1.05M | 0.00% | −50,253−51.6% | Reduced |
| Wolverine Asset Management LLC | 47,152 | $1.05M | 0.01% | 00.0% | Unchanged |
| Bailard, Inc. | 47,342 | $1.06M | 0.02% | +17,818+60.4% | Added |
| Mutual of America Capital Management LLC | 48,875 | $1.09M | 0.01% | −104−0.2% | Reduced |
| Oregon Public Employees Retirement Fund | 52,142 | $1.16M | 0.01% | +500+1.0% | Added |
| Penn Capital Management Co Inc | 51,749 | $1.18M | 0.09% | −536,013−91.2% | Reduced |
| Federation des caisses Desjardins du Quebec | 53,355 | $1.19M | 0.00% | +4,355+8.9% | Added |
| Truvestments Capital LLC | 53,457 | $1.19M | 0.22% | +5,191+10.8% | Added |
| Virtus ETF Advisers LLC | 57,820 | $1.29M | 0.61% | −23,850−29.2% | Reduced |
| Storebrand Asset Management AS | 58,015 | $1.29M | 0.00% | −11,627−16.7% | Reduced |
| Merit Financial Group, LLC | 58,458 | $1.30M | 0.01% | +19,900+51.6% | Added |
| Capital Markets Trading UK LLP | 58,454 | $1.30M | 1.58% | +7,029+13.7% | Added |
| Captrust Financial Advisors | 59,052 | $1.32M | 0.00% | +31,064+111.0% | Added |
| Graham Capital Management, L.P. | 60,000 | $1.34M | 0.05% | +60,000 | New |
| Mercer Global Advisors Inc | 61,040 | $1.36M | 0.00% | +23,936+64.5% | Added |
| Wealth Enhancement Advisory Services, LLC | 56,665 | $1.36M | 0.00% | +20,300+55.8% | Added |
| Unifi Asset Management LP | 61,105 | $1.36M | 1.48% | +61,105 | New |
| Capula Management Ltd | 61,169 | $1.37M | 0.01% | −10,331−14.4% | Reduced |
| JustInvest LLC | 61,390 | $1.37M | 0.01% | −202−0.3% | Reduced |
| Oak Thistle LLC | 62,112 | $1.39M | 0.19% | +62,112 | New |
| Intercapital, LLC | 62,155 | $1.39M | 0.73% | +62,155 | New |
| Kestra Advisory Services, LLC | 62,786 | $1.40M | 0.01% | +8,905+16.5% | Added |
| NEOS Investment Management LLC | 63,662 | $1.42M | 0.01% | +9,911+18.4% | Added |
| Neuberger Berman Group LLC | 63,852 | $1.43M | 0.00% | −1,533−2.3% | Reduced |
| Rafferty Asset Management, LLC | 64,309 | $1.44M | 0.00% | +7,638+13.5% | Added |
| Richard W. Paul & Associates, LLC | 66,717 | $1.49M | 0.49% | +66,717 | New |
| Woodline Partners LP | 69,286 | $1.55M | 0.01% | +9,618+16.1% | Added |
| IMC-Chicago, LLC | 70,411 | $1.57M | 0.03% | +70,411 | New |
| Blair William & Co | 72,157 | $1.61M | 0.00% | −3,018−4.0% | Reduced |
| Utah Retirement Systems | 72,750 | $1.62M | 0.02% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 73,345 | $1.64M | 0.00% | −17,843−19.6% | Reduced |
| Sentinel Dome Partners, LLC | 75,600 | $1.69M | 1.15% | +75,600 | New |
| Ensign Peak Advisors, Inc | 76,409 | $1.71M | 0.00% | −40,523−34.7% | Reduced |
| Credit Agricole S A | 76,965 | $1.72M | 0.00% | −146,958−65.6% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 77,243 | $1.72M | 0.00% | +15,758+25.6% | Added |
| Summit Trail Advisors, LLC | 78,438 | $1.75M | 0.03% | +14,824+23.3% | Added |
| Legato Capital Management LLC | 78,600 | $1.75M | 0.15% | +22,711+40.6% | Added |
| Lazard Asset Management LLC | 78,886 | $1.76M | 0.00% | +5,420+7.4% | Added |
| Xponance, Inc. | 80,125 | $1.79M | 0.01% | +6,641+9.0% | Added |
| Jones Financial Companies LLLP | 81,232 | $1.81M | 0.00% | +9,945+14.0% | Added |
| FMR LLC | 83,355 | $1.86M | 0.00% | −2,604−3.0% | Reduced |
| Virginia Retirement Systems Et Al | 86,120 | $1.92M | 0.01% | +19,050+28.4% | Added |
| ExodusPoint Capital Management, LP | 88,169 | $1.97M | 0.02% | +88,169 | New |
| Pictet Asset Management Holding SA | 90,590 | $2.02M | 0.00% | +5,496+6.5% | Added |
| Hanson & Doremus Investment Management | 90,857 | $2.03M | 0.24% | −246−0.3% | Reduced |
| Walleye Capital LLC | 91,038 | $2.03M | 0.01% | −340,267−78.9% | Reduced |
| Neo Ivy Capital Management | 91,716 | $2.05M | 0.32% | +50,950+125.0% | Added |
| Nisa Investment Advisors, LLC | 92,047 | $2.05M | 0.01% | −170−0.2% | Reduced |
| Mariner, LLC | 93,715 | $2.09M | 0.00% | +93,715 | New |
| Natixis Advisors, L.P. | 93,925 | $2.10M | 0.00% | −32,397−25.6% | Reduced |
| State of Tennessee, Treasury Department | 97,776 | $2.15M | 0.01% | −14,286−12.7% | Reduced |
| Retirement Systems of Alabama | 96,848 | $2.16M | 0.01% | +443+0.5% | Added |
| Group One Trading, L.P. | 97,290 | $2.17M | 0.06% | −106,384−52.2% | Reduced |
| Expect Equity LLC | 98,647 | $2.20M | 1.81% | +98,647 | New |
| M.E. Allison & Co., Inc. | 99,180 | $2.21M | 1.50% | +9,000+10.0% | Added |
| Voya Investment Management LLC | 99,430 | $2.22M | 0.00% | −5,724−5.4% | Reduced |
| KLP Kapitalforvaltning AS | 99,600 | $2.22M | 0.01% | +5,900+6.3% | Added |
| CIBC Asset Management Inc | 100,280 | $2.24M | 0.01% | +44,922+81.1% | Added |
| CenterBook Partners LP | 100,377 | $2.24M | 0.11% | −13,658−12.0% | Reduced |
| CWM, LLC | 102,452 | $2.29M | 0.01% | +76,258+291.1% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 105,895 | $2.36M | 0.01% | −2,632−2.4% | Reduced |
| CI Private Wealth, LLC | 107,733 | $2.40M | 0.00% | +20,757+23.9% | Added |
| Amalgamated Bank | 109,802 | $2.45M | 0.02% | +12,378+12.7% | Added |
| Vident Advisory, LLC | 109,825 | $2.45M | 0.02% | +64,743+143.6% | Added |
| Van Eck Associates Corp | 109,986 | $2.46M | 0.00% | −127,734−53.7% | Reduced |
| Capital International Sarl | 110,181 | $2.46M | 0.04% | −3,865−3.4% | Reduced |
| The PNC Financial Services Group, Inc. | 111,217 | $2.48M | 0.00% | +1,781+1.6% | Added |
| Public Sector Pension Investment Board | 116,299 | $2.60M | 0.01% | +19,088+19.6% | Added |
| State of Michigan Retirement System | 118,279 | $2.64M | 0.01% | −1,000−0.8% | Reduced |
| HighTower Advisors, LLC | 119,658 | $2.67M | 0.00% | −17,312−12.6% | Reduced |
| Polymer Capital Management (HK) LTD | 120,000 | $2.68M | 0.42% | −20,000−14.3% | Reduced |
| Czech National Bank | 120,044 | $2.68M | 0.02% | +5,262+4.6% | Added |
| Great West Life Assurance Co | 122,483 | $2.74M | 0.00% | −64,710−34.6% | Reduced |
| Savoir Faire Capital Management, L.P. | 122,959 | $2.74M | 1.30% | +22,959+23.0% | Added |