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 |
|---|---|---|---|---|---|
| Capital Group Private Client Services, Inc. | 123,358 | $2.75M | 0.04% | −3,044−2.4% | Reduced |
| Stance Capital LLC | 123,797 | $2.76M | 1.02% | +123,797 | New |
| Handelsbanken Fonder AB | 125,000 | $2.79M | 0.01% | +9,600+8.3% | Added |
| Arizona State Retirement System | 125,523 | $2.80M | 0.02% | −6,692−5.1% | Reduced |
| Qsemble Capital Management, LP | 125,912 | $2.81M | 0.23% | +125,912 | New |
| Fieldview Capital Management, LLC | 130,738 | $2.92M | 0.50% | +21,385+19.6% | Added |
| Hudson Bay Capital Management LP | 134,867 | $3.01M | 0.02% | +134,867 | New |
| UBS Oconnor LLC | 135,000 | $3.01M | 0.08% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 135,131 | $3.02M | 0.01% | −208,304−60.7% | Reduced |
| III Capital Management | 138,734 | $3.10M | 0.69% | +65,000+88.2% | Added |
| Leonteq Securities AG | 142,868 | $3.19M | 0.17% | −2,332−1.6% | Reduced |
| Cetera Investment Advisers | 145,846 | $3.26M | 0.00% | +14,602+11.1% | Added |
| Twin Lakes Capital Management, LLC | 146,585 | $3.27M | 1.45% | −979−0.7% | Reduced |
| Winton Group Ltd | 148,389 | $3.31M | 0.11% | −214,701−59.1% | Reduced |
| State of New Jersey Common Pension Fund D | 152,184 | $3.40M | 0.01% | −4,817−3.1% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 154,868 | $3.46M | 0.01% | +14,373+10.2% | Added |
| Janney Montgomery Scott LLC | 155,672 | $3.48M | 0.01% | +8,932+6.1% | Added |
| Lighthouse Investment Partners, LLC | 156,256 | $3.49M | 0.12% | +156,256 | New |
| ProShare Advisors LLC | 160,689 | $3.59M | 0.01% | +29,259+22.3% | Added |
| Susquehanna International Group, LLP | 165,585 | $3.70M | 0.01% | +22,352+15.6% | Added |
| D. E. Shaw & Co., Inc. | 172,642 | $3.85M | 0.00% | +172,642 | New |
| Walleye Trading LLC | 173,499 | $3.87M | 0.06% | +173,499 | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 178,200 | $3.98M | 0.01% | −22,529−11.2% | Reduced |
| Nomura Holdings Inc | 182,788 | $4.08M | 0.01% | +134,376+277.6% | Added |
| XTX Topco Ltd | 186,893 | $4.17M | 0.11% | +139,890+297.6% | Added |
| Treasurer of the State of North Carolina | 188,105 | $4.20M | 0.01% | −10,745−5.4% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 188,868 | $4.22M | 0.04% | −8,454−4.3% | Reduced |
| SEI Investments Co | 197,821 | $4.42M | 0.00% | −55,175−21.8% | Reduced |
| HSBC Holdings PLC | 206,627 | $4.61M | 0.00% | −30,108−12.7% | Reduced |
| Janus Henderson Group PLC | 207,598 | $4.64M | 0.00% | +610+0.3% | Added |
| South Dakota Investment Council | 209,675 | $4.68M | 0.09% | −1,700−0.8% | Reduced |
| Algert Global LLC | 210,866 | $4.71M | 0.07% | −24,920−10.6% | Reduced |
| Toronto Dominion Bank | 212,100 | $4.73M | 0.01% | +17,852+9.2% | Added |
| Cerity Partners LLC | 223,912 | $5.00M | 0.01% | +71,674+47.1% | Added |
| Chevy Chase Trust Holdings, Inc. | 230,937 | $5.15M | 0.01% | +192+0.1% | Added |
| New York State Common Retirement Fund | 240,787 | $5.37M | 0.01% | −352,402−59.4% | Reduced |
| TD Asset Management Inc | 241,449 | $5.39M | 0.00% | +118,224+95.9% | Added |
| Q Global Advisors, LLC | 270,094 | $6.03M | 5.93% | +270,094 | New |
| Russell Investments Group, Ltd. | 271,157 | $6.05M | 0.01% | −959−0.4% | Reduced |
| Parallax Volatility Advisers, L.P. | 272,336 | $6.08M | 0.19% | +9,507+3.6% | Added |
| Man Group plc | 277,162 | $6.19M | 0.01% | +257,720+1,325.6% | Added |
| MetLife Investment Management | 306,936 | $6.85M | 0.03% | −1,599−0.5% | Reduced |
| Manufacturers Life Insurance Company, The | 312,216 | $6.97M | 0.01% | +1,797+0.6% | Added |
| Atom Investors LP | 324,590 | $7.24M | 0.58% | +324,590 | New |
| Creative Planning | 324,629 | $7.25M | 0.01% | −49,173−13.2% | Reduced |
| Shellback Capital, LP | 325,000 | $7.25M | 0.69% | +175,000+116.7% | Added |
| Quantinno Capital Management LP | 331,911 | $7.41M | 0.01% | +102,033+44.4% | Added |
| LPL Financial LLC | 332,003 | $7.41M | 0.00% | +48,202+17.0% | Added |
| Raymond James Financial Inc | 332,237 | $7.42M | 0.00% | −48,981−12.8% | Reduced |
| New York State Teachers Retirement System | 335,675 | $7.49M | 0.01% | +1240.0% | Added |
| Deltec Asset Management LLC | 343,633 | $7.67M | 1.27% | −146,667−29.9% | Reduced |
| Bullseye Asset Management LLC | 348,760 | $7.78M | 4.20% | 00.0% | Unchanged |
| Boothbay Fund Management, LLC | 361,530 | $8.07M | 0.21% | −15,584−4.1% | Reduced |
| State Board of Administration of Florida Retirement System | 363,986 | $8.12M | 0.01% | −23,163−6.0% | Reduced |
| Los Angeles Capital Management LLC | 371,217 | $8.25M | 0.03% | +74,630+25.2% | Added |
| Calamos Advisors LLC | 393,795 | $8.79M | 0.04% | −15,992−3.9% | Reduced |
| Arrowstreet Capital, Limited Partnership | 398,578 | $8.90M | 0.01% | −1,250,043−75.8% | Reduced |
| Adage Capital Partners GP, L.L.C. | 411,000 | $9.17M | 0.01% | −400−0.1% | Reduced |
| Federated Hermes, Inc. | 411,995 | $9.20M | 0.02% | −1,222,900−74.8% | Reduced |
| La Banque Postale Asset Management SA | 416,783 | $9.30M | 0.11% | +41,653+11.1% | Added |
| California State Teachers Retirement System | 428,150 | $9.56M | 0.01% | +6,698+1.6% | Added |
| Channing Capital Management, LLC | 428,394 | $9.56M | 0.25% | +79,557+22.8% | Added |
| Alliancebernstein L.P. | 456,837 | $10.2M | 0.00% | +8,863+2.0% | Added |
| Nicholas Investment Partners, LP | 457,913 | $10.2M | 0.74% | −26,337−5.4% | Reduced |
| First Trust Advisors LP | 461,551 | $10.3M | 0.01% | +251,625+119.9% | Added |
| Stifel Financial Corp | 479,232 | $10.7M | 0.01% | −95,019−16.5% | Reduced |
| Verition Fund Management LLC | 487,337 | $10.9M | 0.06% | −320,708−39.7% | Reduced |
| Canada Pension Plan Investment Board | 488,600 | $10.9M | 0.01% | +201,000+69.9% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 499,840 | $11.4M | 0.01% | +27,195+5.8% | Added |
| STRS Ohio | 525,754 | $11.7M | 0.04% | +1780.0% | Added |
| State of Wisconsin Investment Board | 527,102 | $11.8M | 0.03% | +19,160+3.8% | Added |
| Tudor Investment Corp Et Al | 527,741 | $11.8M | 0.06% | +527,741 | New |
| Principal Financial Group Inc | 536,678 | $12.0M | 0.01% | +15,840+3.0% | Added |
| Bank of Montreal | 550,130 | $12.3M | 0.01% | +85,761+18.5% | Added |
| Rockefeller Capital Management L.P. | 588,252 | $13.1M | 0.02% | +569,201+2,987.8% | Added |
| Ossiam | 597,610 | $13.3M | 0.27% | +1700.0% | Added |
| Capital Fund Management S.A. | 611,208 | $13.6M | 0.13% | +108,480+21.6% | Added |
| Wells Fargo & Company | 616,769 | $13.8M | 0.00% | +59,853+10.7% | Added |
| Gotham Asset Management, LLC | 628,226 | $14.0M | 0.05% | +143,923+29.7% | Added |
| Commonwealth Equity Services, LLC | 632,447 | $14.1M | 0.02% | −1,983,723−75.8% | Reduced |
| Citigroup Inc | 653,534 | $14.6M | 0.01% | −1,465,556−69.2% | Reduced |
| CastleKnight Management LP | 655,700 | $14.6M | 0.83% | +143,200+27.9% | Added |
| Price T Rowe Associates Inc | 669,992 | $15.0M | 0.00% | +11,169+1.7% | Added |
| Incline Global Management LLC | 678,940 | $15.2M | 5.18% | +45,991+7.3% | Added |
| Empowered Funds, LLC | 689,687 | $15.4M | 0.26% | −27,392−3.8% | Reduced |
| London Co of Virginia | 706,163 | $15.8M | 0.09% | 00.0% | Unchanged |
| Kohlberg Kravis Roberts & Co. L.P. | 719,004 | $16.0M | 0.26% | 00.0% | Unchanged |
| Aristotle Capital Management, LLC | 733,618 | $16.4M | 0.03% | +10,913+1.5% | Added |
| California Public Employees Retirement System | 801,100 | $17.9M | 0.01% | −23,184−2.8% | Reduced |
| Legal & General Group Plc | 831,104 | $18.6M | 0.00% | +34,998+4.4% | Added |
| Swiss National Bank | 891,100 | $19.9M | 0.01% | +24,800+2.9% | Added |
| Rhumbline Advisers | 913,723 | $20.4M | 0.02% | +19,990+2.2% | Added |
| Amundi | 964,768 | $21.5M | 0.01% | −419,726−30.3% | Reduced |
| Two Sigma Advisers, LP | 1,008,709 | $22.5M | 0.04% | −1,616,500−61.6% | Reduced |
| Royal Bank of Canada | 1,016,718 | $22.7M | 0.00% | −2,529,370−71.3% | Reduced |
| MUFG Securities EMEA plc | 1,028,549 | $23.0M | 0.27% | +1,019,899+11,790.7% | Added |
| BNP Paribas Arbitrage, SA | 1,055,744 | $23.6M | 0.01% | −3,297,354−75.7% | Reduced |
| Victory Capital Management Inc | 1,078,988 | $24.1M | 0.01% | −969,203−47.3% | Reduced |
| Schonfeld Strategic Advisors LLC | 1,171,956 | $26.2M | 0.13% | +920,117+365.4% | Added |
| Nuveen, LLC | 1,219,368 | $27.2M | 0.01% | +240,734+24.6% | Added |