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 |
|---|---|---|---|---|---|
| UBS Asset Management Americas Inc | 1,357,993 | $30.3M | 0.01% | −7,563−0.6% | Reduced |
| GEM Realty Capital | 1,415,073 | $31.6M | 2.83% | +24,715+1.8% | Added |
| Point72 Asset Management, L.P. | 1,460,957 | $32.6M | 0.05% | −1,585,177−52.0% | Reduced |
| CIBC World Markets Corp | 1,542,175 | $34.4M | 0.17% | +1,542,175 | New |
| SG Americas Securities, LLC | 1,568,198 | $35.0M | 0.05% | +1,561,789+24,368.7% | Added |
| Barclays PLC | 1,571,340 | $35.1M | 0.01% | −300,376−16.0% | Reduced |
| Bank of America Corp | 1,594,278 | $35.6M | 0.00% | −4,497,383−73.8% | Reduced |
| Primecap Management Co | 1,605,905 | $35.8M | 0.03% | −74,099−4.4% | Reduced |
| Deutsche Bank AG | 1,716,011 | $38.3M | 0.01% | +313,954+22.4% | Added |
| Alyeska Investment Group, L.P. | 1,787,839 | $39.9M | 0.11% | −583,402−24.6% | Reduced |
| CIBC World Markets Inc. | 1,814,098 | $40.5M | 0.07% | +589,405+48.1% | Added |
| American Century Companies Inc | 1,883,821 | $42.0M | 0.02% | +140,049+8.0% | Added |
| MKP Capital Management, L.L.C. | 2,000,000 | $44.6M | 1.59% | +2,000,000 | New |
| TimesSquare Capital Management, LLC | 2,068,797 | $46.2M | 0.70% | +97,825+5.0% | Added |
| Norges Bank | 2,090,644 | $46.7M | 0.00% | +2,090,644 | New |
| Squarepoint Ops LLC | 2,296,990 | $51.3M | 0.10% | +1,631,875+245.4% | Added |
| Bank of New York Mellon Corp | 2,364,789 | $52.8M | 0.01% | +25,177+1.1% | Added |
| Columbus Hill Capital Management, L.P. | 2,660,601 | $59.4M | 8.36% | −60,127−2.2% | Reduced |
| Millennium Management LLC | 2,767,971 | $61.8M | 0.04% | +1,120,332+68.0% | Added |
| Two Sigma Investments, LP | 3,026,879 | $67.6M | 0.10% | +992,018+48.8% | Added |
| Interval Partners, LP | 3,102,336 | $69.2M | 1.62% | +1,897,002+157.4% | Added |
| National Bank of Canada | 3,466,057 | $77.4M | 0.08% | +3,229,014+1,362.2% | Added |
| JPMorgan Chase & Co | 3,503,121 | $78.2M | 0.01% | +1,193,633+51.7% | Added |
| UBS Group AG | 3,726,554 | $83.2M | 0.02% | −3,152,955−45.8% | Reduced |
| Hound Partners, LLC | 3,807,887 | $85.0M | 11.78% | +714,817+23.1% | Added |
| Charles Schwab Investment Management Inc | 3,832,562 | $85.5M | 0.01% | +73,575+2.0% | Added |
| Ameriprise Financial Inc | 3,920,309 | $87.5M | 0.02% | +2,647,090+207.9% | Added |
| Northern Trust Corp | 4,248,655 | $94.8M | 0.01% | −14,999−0.4% | Reduced |
| Balyasny Asset Management LLC | 4,325,756 | $96.6M | 0.18% | +1,554,695+56.1% | Added |
| Goldentree Asset Management LP | 4,582,391 | $102.1M | 5.53% | +1,268,830+38.3% | Added |
| Bank of Nova Scotia | 5,158,105 | $115.1M | 0.17% | +5,111,072+10,867.0% | Added |
| Greenhouse Funds LLLP | 5,298,649 | $118.3M | 4.57% | +223,379+4.4% | Added |
| Patient Capital Management, LLC | 5,308,128 | $118.5M | 4.57% | +743,257+16.3% | Added |
| Citadel Advisors LLC | 5,706,941 | $127.4M | 0.09% | −2,675,691−31.9% | Reduced |
| Dimensional Fund Advisors LP | 6,743,800 | $150.5M | 0.03% | +137,160+2.1% | Added |
| AQR Capital Management LLC | 6,793,256 | $151.6M | 0.08% | +6,370,241+1,505.9% | Added |
| Marshall Wace, LLP | 7,012,647 | $156.5M | 0.15% | +5,236,797+294.9% | Added |
| Goldman Sachs Group Inc | 7,380,531 | $164.7M | 0.02% | −2,546,776−25.7% | Reduced |
| Morgan Stanley | 8,520,548 | $190.2M | 0.01% | +2,586,395+43.6% | Added |
| Invesco Ltd. | 10,377,997 | $231.6M | 0.02% | +1,468,075+16.5% | Added |
| Geode Capital Management, LLC | 12,205,008 | $272.0M | 0.02% | +262,086+2.2% | Added |
| Ariel Investments, LLC | 14,351,367 | $320.3M | 3.46% | +2,267,075+18.8% | Added |
| State Street Corp | 16,304,827 | $363.9M | 0.01% | +66,329+0.4% | Added |
| BlackRock, Inc. | 38,582,752 | $861.2M | 0.01% | +7,827,084+25.4% | Added |
| Vanguard Group Inc | 52,846,173 | $1.18B | 0.02% | +157,974+0.3% | Added |
| Capital International Investors | 56,177,669 | $1.25B | 0.20% | +3,728,929+7.1% | Added |
| Freestone Grove Partners LP | 0 | $0 | 0.00% | −3,690,333−100.0% | Sold out |
| Candlestick Capital Management LP | 0 | $0 | 0.00% | −2,767,223−100.0% | Sold out |
| Benchstone Capital Management LP | 0 | $0 | 0.00% | −2,133,322−100.0% | Sold out |
| Mane Global Capital Management LP | 0 | $0 | 0.00% | −1,598,532−100.0% | Sold out |
| Avala Global LP | 0 | $0 | 0.00% | −1,449,400−100.0% | Sold out |
| Eminence Capital, LP | 0 | $0 | 0.00% | −1,097,841−100.0% | Sold out |
| Northern Right Capital Management, L.P. | 0 | $0 | 0.00% | −790,760−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −601,508−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −521,918−100.0% | Sold out |
| Baird Financial Group, Inc. | 0 | $0 | 0.00% | −519,550−100.0% | Sold out |
| SummitTX Capital, L.P. | 0 | $0 | 0.00% | −487,748−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −444,617−100.0% | Sold out |
| Granahan Investment Management Inc | 0 | $0 | 0.00% | −401,759−100.0% | Sold out |
| J. Goldman & Co LP | 0 | $0 | 0.00% | −384,717−100.0% | Sold out |
| Brigade Capital Management, LP | 0 | $0 | 0.00% | −347,600−100.0% | Sold out |
| Hook Mill Capital Partners, LP | 0 | $0 | 0.00% | −304,910−100.0% | Sold out |
| Archon Partners LLC | 0 | $0 | 0.00% | −245,000−100.0% | Sold out |
| Cinctive Capital Management LP | 0 | $0 | 0.00% | −211,232−100.0% | Sold out |
| Kennedy Capital Management, Inc. | 0 | $0 | 0.00% | −207,820−100.0% | Sold out |
| Benson Investment Management Company, Inc. | 0 | $0 | 0.00% | −175,765−100.0% | Sold out |
| Holocene Advisors, LP | 0 | $0 | 0.00% | −171,733−100.0% | Sold out |
| Chapin Davis, Inc. | 0 | $0 | 0.00% | −146,344−100.0% | Sold out |
| Korea Investment CORP | 0 | $0 | 0.00% | −142,350−100.0% | Sold out |
| Armistice Capital, LLC | 0 | $0 | 0.00% | −111,979−100.0% | Sold out |
| Leuthold Group, LLC | 0 | $0 | 0.00% | −110,778−100.0% | Sold out |
| New York Life Investment Management LLC | 0 | $0 | 0.00% | −105,764−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −105,268−100.0% | Sold out |
| Hussman Strategic Advisors, Inc. | 0 | $0 | 0.00% | −105,000−100.0% | Sold out |
| Maverick Capital LtdSuperinvestorMaverick Capital | 0 | $0 | 0.00% | −100,561−100.0% | Sold out |
| Harbor Capital Advisors, Inc. | 0 | $0 | 0.00% | −100,362−100.0% | Sold out |
| Clough Capital Partners L P | 0 | $0 | 0.00% | −81,819−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −68,726−100.0% | Sold out |
| ING Groep NV | 0 | $0 | 0.00% | −58,425−100.0% | Sold out |
| Occudo Quantitative Strategies LP | 0 | $0 | 0.00% | −47,096−100.0% | Sold out |
| U S Global Investors Inc | 0 | $0 | 0.00% | −39,000−100.0% | Sold out |
| Vanguard Capital Wealth Advisors | 0 | $0 | 0.00% | −31,900−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −30,674−100.0% | Sold out |
| Penserra Capital Management LLC | 0 | $0 | 0.00% | −26,201−100.0% | Sold out |
| Numerai GP LLC | 0 | $0 | 0.00% | −22,194−100.0% | Sold out |
| Kovitz Investment Group Partners, LLC | 0 | $0 | 0.00% | −21,575−100.0% | Sold out |
| EntryPoint Capital, LLC | 0 | $0 | 0.00% | −20,654−100.0% | Sold out |
| Burns Matteson Capital Management, LLC | 0 | $0 | 0.00% | −20,135−100.0% | Sold out |
| Brasada Capital Management, LP | 0 | $0 | 0.00% | −20,000−100.0% | Sold out |
| United Capital Management of KS, Inc. | 0 | $0 | 0.00% | −20,000−100.0% | Sold out |
| Voleon Capital Management LP | 0 | $0 | 0.00% | −19,809−100.0% | Sold out |
| Stevens Capital Management LP | 0 | $0 | 0.00% | −19,631−100.0% | Sold out |
| Signature Estate & Investment Advisors LLC | 0 | $0 | 0.00% | −19,457−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −17,801−100.0% | Sold out |
| Sageworth Trust Co | 0 | $0 | 0.00% | −15,389−100.0% | Sold out |
| Optimist Retirement Group LLC | 0 | $0 | 0.00% | −14,804−100.0% | Sold out |
| Waterloo Capital, L.P. | 0 | $0 | 0.00% | −12,804−100.0% | Sold out |
| 111 Capital | 0 | $0 | 0.00% | −12,656−100.0% | Sold out |
| Toroso Investments, LLC | 0 | $0 | 0.00% | −12,240−100.0% | Sold out |
| Clarius Group, LLC | 0 | $0 | 0.00% | −10,900−100.0% | Sold out |