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 |
|---|---|---|---|---|---|
| Shellback Capital, LP | 325,000 | $7.25M | 0.69% | +175,000+116.7% | Added |
| Creative Planning | 324,629 | $7.25M | 0.01% | −49,173−13.2% | Reduced |
| Atom Investors LP | 324,590 | $7.24M | 0.58% | +324,590 | New |
| Manufacturers Life Insurance Company, The | 312,216 | $6.97M | 0.01% | +1,797+0.6% | Added |
| MetLife Investment Management | 306,936 | $6.85M | 0.03% | −1,599−0.5% | Reduced |
| Man Group plc | 277,162 | $6.19M | 0.01% | +257,720+1,325.6% | Added |
| Parallax Volatility Advisers, L.P. | 272,336 | $6.08M | 0.19% | +9,507+3.6% | Added |
| Russell Investments Group, Ltd. | 271,157 | $6.05M | 0.01% | −959−0.4% | Reduced |
| Q Global Advisors, LLC | 270,094 | $6.03M | 5.93% | +270,094 | New |
| TD Asset Management Inc | 241,449 | $5.39M | 0.00% | +118,224+95.9% | Added |
| New York State Common Retirement Fund | 240,787 | $5.37M | 0.01% | −352,402−59.4% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 230,937 | $5.15M | 0.01% | +192+0.1% | Added |
| Cerity Partners LLC | 223,912 | $5.00M | 0.01% | +71,674+47.1% | Added |
| Toronto Dominion Bank | 212,100 | $4.73M | 0.01% | +17,852+9.2% | Added |
| Algert Global LLC | 210,866 | $4.71M | 0.07% | −24,920−10.6% | Reduced |
| South Dakota Investment Council | 209,675 | $4.68M | 0.09% | −1,700−0.8% | Reduced |
| Janus Henderson Group PLC | 207,598 | $4.64M | 0.00% | +610+0.3% | Added |
| HSBC Holdings PLC | 206,627 | $4.61M | 0.00% | −30,108−12.7% | Reduced |
| SEI Investments Co | 197,821 | $4.42M | 0.00% | −55,175−21.8% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 188,868 | $4.22M | 0.04% | −8,454−4.3% | Reduced |
| Treasurer of the State of North Carolina | 188,105 | $4.20M | 0.01% | −10,745−5.4% | Reduced |
| XTX Topco Ltd | 186,893 | $4.17M | 0.11% | +139,890+297.6% | Added |
| Nomura Holdings Inc | 182,788 | $4.08M | 0.01% | +134,376+277.6% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 178,200 | $3.98M | 0.01% | −22,529−11.2% | Reduced |
| Walleye Trading LLC | 173,499 | $3.87M | 0.06% | +173,499 | New |
| D. E. Shaw & Co., Inc. | 172,642 | $3.85M | 0.00% | +172,642 | New |
| Susquehanna International Group, LLP | 165,585 | $3.70M | 0.01% | +22,352+15.6% | Added |
| ProShare Advisors LLC | 160,689 | $3.59M | 0.01% | +29,259+22.3% | Added |
| Lighthouse Investment Partners, LLC | 156,256 | $3.49M | 0.12% | +156,256 | New |
| Janney Montgomery Scott LLC | 155,672 | $3.48M | 0.01% | +8,932+6.1% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 154,868 | $3.46M | 0.01% | +14,373+10.2% | Added |
| State of New Jersey Common Pension Fund D | 152,184 | $3.40M | 0.01% | −4,817−3.1% | Reduced |
| Winton Group Ltd | 148,389 | $3.31M | 0.11% | −214,701−59.1% | Reduced |
| Twin Lakes Capital Management, LLC | 146,585 | $3.27M | 1.45% | −979−0.7% | Reduced |
| Cetera Investment Advisers | 145,846 | $3.26M | 0.00% | +14,602+11.1% | Added |
| Leonteq Securities AG | 142,868 | $3.19M | 0.17% | −2,332−1.6% | Reduced |
| III Capital Management | 138,734 | $3.10M | 0.69% | +65,000+88.2% | Added |
| Public Employees Retirement System of Ohio | 135,131 | $3.02M | 0.01% | −208,304−60.7% | Reduced |
| UBS Oconnor LLC | 135,000 | $3.01M | 0.08% | 00.0% | Unchanged |
| Hudson Bay Capital Management LP | 134,867 | $3.01M | 0.02% | +134,867 | New |
| Fieldview Capital Management, LLC | 130,738 | $2.92M | 0.50% | +21,385+19.6% | Added |
| Qsemble Capital Management, LP | 125,912 | $2.81M | 0.23% | +125,912 | New |
| Arizona State Retirement System | 125,523 | $2.80M | 0.02% | −6,692−5.1% | Reduced |
| Handelsbanken Fonder AB | 125,000 | $2.79M | 0.01% | +9,600+8.3% | Added |
| Stance Capital LLC | 123,797 | $2.76M | 1.02% | +123,797 | New |
| Capital Group Private Client Services, Inc. | 123,358 | $2.75M | 0.04% | −3,044−2.4% | Reduced |
| Savoir Faire Capital Management, L.P. | 122,959 | $2.74M | 1.30% | +22,959+23.0% | Added |
| Great West Life Assurance Co | 122,483 | $2.74M | 0.00% | −64,710−34.6% | Reduced |
| Czech National Bank | 120,044 | $2.68M | 0.02% | +5,262+4.6% | Added |
| Polymer Capital Management (HK) LTD | 120,000 | $2.68M | 0.42% | −20,000−14.3% | Reduced |
| HighTower Advisors, LLC | 119,658 | $2.67M | 0.00% | −17,312−12.6% | Reduced |
| State of Michigan Retirement System | 118,279 | $2.64M | 0.01% | −1,000−0.8% | Reduced |
| Public Sector Pension Investment Board | 116,299 | $2.60M | 0.01% | +19,088+19.6% | Added |
| The PNC Financial Services Group, Inc. | 111,217 | $2.48M | 0.00% | +1,781+1.6% | Added |
| Capital International Sarl | 110,181 | $2.46M | 0.04% | −3,865−3.4% | Reduced |
| Van Eck Associates Corp | 109,986 | $2.46M | 0.00% | −127,734−53.7% | Reduced |
| Vident Advisory, LLC | 109,825 | $2.45M | 0.02% | +64,743+143.6% | Added |
| Amalgamated Bank | 109,802 | $2.45M | 0.02% | +12,378+12.7% | Added |
| CI Private Wealth, LLC | 107,733 | $2.40M | 0.00% | +20,757+23.9% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 105,895 | $2.36M | 0.01% | −2,632−2.4% | Reduced |
| CWM, LLC | 102,452 | $2.29M | 0.01% | +76,258+291.1% | Added |
| CenterBook Partners LP | 100,377 | $2.24M | 0.11% | −13,658−12.0% | Reduced |
| CIBC Asset Management Inc | 100,280 | $2.24M | 0.01% | +44,922+81.1% | Added |
| KLP Kapitalforvaltning AS | 99,600 | $2.22M | 0.01% | +5,900+6.3% | Added |
| Voya Investment Management LLC | 99,430 | $2.22M | 0.00% | −5,724−5.4% | Reduced |
| M.E. Allison & Co., Inc. | 99,180 | $2.21M | 1.50% | +9,000+10.0% | Added |
| Expect Equity LLC | 98,647 | $2.20M | 1.81% | +98,647 | New |
| Group One Trading, L.P. | 97,290 | $2.17M | 0.06% | −106,384−52.2% | Reduced |
| Retirement Systems of Alabama | 96,848 | $2.16M | 0.01% | +443+0.5% | Added |
| State of Tennessee, Treasury Department | 97,776 | $2.15M | 0.01% | −14,286−12.7% | Reduced |
| Natixis Advisors, L.P. | 93,925 | $2.10M | 0.00% | −32,397−25.6% | Reduced |
| Mariner, LLC | 93,715 | $2.09M | 0.00% | +93,715 | New |
| Nisa Investment Advisors, LLC | 92,047 | $2.05M | 0.01% | −170−0.2% | Reduced |
| Neo Ivy Capital Management | 91,716 | $2.05M | 0.32% | +50,950+125.0% | Added |
| Walleye Capital LLC | 91,038 | $2.03M | 0.01% | −340,267−78.9% | Reduced |
| Hanson & Doremus Investment Management | 90,857 | $2.03M | 0.24% | −246−0.3% | Reduced |
| Pictet Asset Management Holding SA | 90,590 | $2.02M | 0.00% | +5,496+6.5% | Added |
| ExodusPoint Capital Management, LP | 88,169 | $1.97M | 0.02% | +88,169 | New |
| Virginia Retirement Systems Et Al | 86,120 | $1.92M | 0.01% | +19,050+28.4% | Added |
| FMR LLC | 83,355 | $1.86M | 0.00% | −2,604−3.0% | Reduced |
| Jones Financial Companies LLLP | 81,232 | $1.81M | 0.00% | +9,945+14.0% | Added |
| Xponance, Inc. | 80,125 | $1.79M | 0.01% | +6,641+9.0% | Added |
| Lazard Asset Management LLC | 78,886 | $1.76M | 0.00% | +5,420+7.4% | Added |
| Legato Capital Management LLC | 78,600 | $1.75M | 0.15% | +22,711+40.6% | Added |
| Summit Trail Advisors, LLC | 78,438 | $1.75M | 0.03% | +14,824+23.3% | Added |
| Mirae Asset Global Investments Co., Ltd. | 77,243 | $1.72M | 0.00% | +15,758+25.6% | Added |
| Credit Agricole S A | 76,965 | $1.72M | 0.00% | −146,958−65.6% | Reduced |
| Ensign Peak Advisors, Inc | 76,409 | $1.71M | 0.00% | −40,523−34.7% | Reduced |
| Sentinel Dome Partners, LLC | 75,600 | $1.69M | 1.15% | +75,600 | New |
| Advisor Group Holdings, Inc. | 73,345 | $1.64M | 0.00% | −17,843−19.6% | Reduced |
| Utah Retirement Systems | 72,750 | $1.62M | 0.02% | 00.0% | Unchanged |
| Blair William & Co | 72,157 | $1.61M | 0.00% | −3,018−4.0% | Reduced |
| IMC-Chicago, LLC | 70,411 | $1.57M | 0.03% | +70,411 | New |
| Woodline Partners LP | 69,286 | $1.55M | 0.01% | +9,618+16.1% | Added |
| Richard W. Paul & Associates, LLC | 66,717 | $1.49M | 0.49% | +66,717 | New |
| Rafferty Asset Management, LLC | 64,309 | $1.44M | 0.00% | +7,638+13.5% | Added |
| Neuberger Berman Group LLC | 63,852 | $1.43M | 0.00% | −1,533−2.3% | Reduced |
| NEOS Investment Management LLC | 63,662 | $1.42M | 0.01% | +9,911+18.4% | Added |
| Kestra Advisory Services, LLC | 62,786 | $1.40M | 0.01% | +8,905+16.5% | Added |
| Intercapital, LLC | 62,155 | $1.39M | 0.73% | +62,155 | New |