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Royal Caribbean Cruises Ltd

RCL
Exchange
NYSE
Industry
Water Transportation
SEC CIK
0000884887

In the last 90 days, Royal Caribbean Cruises Ltd insiders filed 0 open-market purchases and 1 sale; 1,235 institutions reported holding it in 13F filings for Q2 2026, worth $75.4B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Royal Caribbean Cruises 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
1,194
+20 vs. Q3 2025
Shares held
223.7M
+4.84M (+2.2%) vs. Q3 2025
Total value
$62.4B
−$8.41B (−11.9%) vs. Q3 2025
New holders
172
439 more added
Sold out
152
405 more reduced

18 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 RCL 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: 1,194 institutions
Q1 2021: 677 institutionsQ2 2021: 664 institutionsQ3 2021: 629 institutionsQ4 2021: 649 institutionsQ1 2022: 686 institutionsQ2 2022: 572 institutionsQ3 2022: 579 institutionsQ4 2022: 610 institutionsQ1 2023: 646 institutionsQ2 2023: 757 institutionsQ3 2023: 738 institutionsQ4 2023: 835 institutionsQ1 2024: 846 institutionsQ2 2024: 913 institutionsQ3 2024: 950 institutionsQ4 2024: 1,040 institutionsQ1 2025: 1,060 institutionsQ2 2025: 1,157 institutionsQ3 2025: 1,192 institutionsQ4 2025: 1,194 institutionsQ1 2026: 1,178 institutionsQ2 2026: 1,235 institutions
Value heldQ4 2025: $62.4B
Q1 2021: $14.5BQ2 2021: $15.2BQ3 2021: $16.6BQ4 2021: $14.5BQ1 2022: $16.1BQ2 2022: $6.40BQ3 2022: $7.06BQ4 2022: $9.32BQ1 2023: $12.1BQ2 2023: $20.3BQ3 2023: $18.5BQ4 2023: $26.6BQ1 2024: $28.8BQ2 2024: $33.8BQ3 2024: $37.3BQ4 2024: $49.3BQ1 2025: $44.6BQ2 2025: $71.1BQ3 2025: $70.9BQ4 2025: $62.4BQ1 2026: $61.4BQ2 2026: $75.4B
Institutions holding RCL and their total value by quarter
QuarterHoldersValue
Q2 20261,235$75.4B
Q1 20261,178$61.4B
Q4 20251,194$62.4B
Q3 20251,192$70.9B
Q2 20251,157$71.1B
Q1 20251,060$44.6B
Q4 20241,040$49.3B
Q3 2024950$37.3B
Q2 2024913$33.8B
Q1 2024846$28.8B
Q4 2023835$26.6B
Q3 2023738$18.5B
Q2 2023757$20.3B
Q1 2023646$12.1B
Q4 2022610$9.32B
Q3 2022579$7.06B
Q2 2022572$6.40B
Q1 2022686$16.1B
Q4 2021649$14.5B
Q3 2021629$16.6B
Q2 2021664$15.2B
Q1 2021677$14.5B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Royal Caribbean Cruises Ltd; share changes are against Q3 2025.

Institutions holding RCL in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Capital International Investors36,165,358$10.1B1.58%+3,215,382+9.8%Added
Vanguard Group Inc30,253,450$8.44B0.12%+187,283+0.6%Added
BlackRock, Inc.22,549,482$6.29B0.11%+1,537,419+7.3%Added
Capital Research Global Investors20,176,544$5.63B1.04%+920,042+4.8%Added
Capital World Investors16,561,587$4.62B0.63%−425,978−2.5%Reduced
State Street Corp10,482,244$2.93B0.10%−94,507−0.9%Reduced
Geode Capital Management, LLC7,054,191$1.96B0.12%+155,491+2.3%Added
JPMorgan Chase & Co2,950,488$823.0M0.06%−672,167−18.6%Reduced
Morgan Stanley2,934,206$818.4M0.05%−218,513−6.9%Reduced
Invesco Ltd.2,712,858$756.7M0.07%−439,037−13.9%Reduced
Goldman Sachs Group Inc2,499,008$697.0M0.10%−321,354−11.4%Reduced
Janus Henderson Group PLC2,416,425$674.0M0.30%+465,401+23.9%Added
Northern Trust Corp2,413,792$673.3M0.09%−60,974−2.5%Reduced
Primecap Management Co2,410,521$672.3M0.51%−346,400−12.6%Reduced
Dimensional Fund Advisors LP1,918,296$535.1M0.11%+47,401+2.5%Added
Price T Rowe Associates Inc1,640,646$457.6M0.05%+15,285+0.9%Added
Norges Bank1,637,573$456.8M0.05%+1,637,573New
Charles Schwab Investment Management Inc1,515,043$422.6M0.07%+16,417+1.1%Added
Legal & General Group Plc1,395,726$389.3M0.09%−20,372−1.4%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main1,371,785$382.6M0.34%−259,775−15.9%Reduced
Bank of New York Mellon Corp1,318,366$367.7M0.06%−847,850−39.1%Reduced
Nordea Investment Management AB1,306,784$366.9M0.32%+750,723+135.0%Added
American Century Companies Inc1,258,758$351.1M0.18%+33,834+2.8%Added
FMR LLC1,227,645$342.4M0.02%−1,509,390−55.1%Reduced
UBS Asset Management Americas Inc1,202,161$335.3M0.07%+1,197,510+25,747.4%Added
UBS Group AG1,060,089$295.7M0.06%+262,044+32.8%Added
Nuveen, LLC1,053,995$294.0M0.08%−141,774−11.9%Reduced
Citigroup Inc1,050,072$292.9M0.20%+75,037+7.7%Added
Bank of America Corp1,044,241$291.3M0.02%−109,776−9.5%Reduced
Wellington Management Group LLP985,987$275.0M0.05%+260,578+35.9%Added
National Pension Service964,926$269.1M0.20%+23,126+2.5%Added
Raymond James Financial Inc943,158$265.0M0.08%−94,423−9.1%Reduced
TD Asset Management Inc877,659$244.8M0.20%+201,014+29.7%Added
Amundi817,773$228.1M0.06%+103,971+14.6%Added
Royal Bank of Canada803,733$224.2M0.04%−686,000−46.0%Reduced
Ameriprise Financial Inc795,478$222.0M0.05%−306,066−27.8%Reduced
Nomura Asset Management International Inc.715,915$199.7M0.30%+715,915New
Federated Hermes, Inc.712,388$198.7M0.33%+51,363+7.8%Added
Swiss National Bank707,118$197.2M0.12%−36,520−4.9%Reduced
Deutsche Bank AG697,214$194.5M0.06%+31,961+4.8%Added
Bessemer Group Inc631,296$176.1M0.27%+90,118+16.7%Added
Capital International Inc624,491$174.2M1.37%+37,223+6.3%Added
Voya Investment Management LLC615,069$171.6M0.17%+173,388+39.3%Added
Massachusetts Financial Services Co594,080$165.7M0.05%−131,481−18.1%Reduced
Sumitomo Mitsui Trust Holdings, Inc.592,863$165.4M0.10%−22,210−3.6%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.537,852$152.4M0.10%+29,694+5.8%Added
Wells Fargo & Company526,296$146.8M0.03%−122,144−18.8%Reduced
BNP Paribas Arbitrage, SA518,086$144.5M0.09%+3,990+0.8%Added
Storebrand Asset Management AS512,606$143.0M0.38%−91,356−15.1%Reduced
Rhumbline Advisers503,917$140.6M0.11%−12,188−2.4%Reduced
Franklin Resources Inc485,238$135.3M0.03%−15,784−3.2%Reduced
Ensign Peak Advisors, Inc472,343$131.7M0.23%−38,764−7.6%Reduced
Barclays PLC453,391$126.5M0.05%−219,021−32.6%Reduced
AMF Pensionsforsakring AB448,886$125.2M0.78%+100,748+28.9%Added
California Public Employees Retirement System448,677$125.1M0.07%−10,894−2.4%Reduced
Westfield Capital Management Co LP448,653$125.1M0.52%+112,141+33.3%Added
Assetmark, Inc401,886$112.1M0.23%−13,008−3.1%Reduced
Arrowstreet Capital, Limited Partnership372,698$104.0M0.06%+157,455+73.2%Added
Capital International Sarl363,713$101.4M1.63%+58,734+19.3%Added
Rathbone Brothers plc355,415$99.1M0.39%−216−0.1%Reduced
California State Teachers Retirement System353,943$98.7M0.10%−23,922−6.3%Reduced
D. E. Shaw & Co., Inc.348,337$97.2M0.07%−438−0.1%Reduced
SG Americas Securities, LLC347,099$96.8M0.13%+216,608+166.0%Added
Handelsbanken Fonder AB315,584$88.0M0.27%−65,797−17.3%Reduced
Tremblant Capital Group303,860$84.8M2.16%+303,860New
The PNC Financial Services Group, Inc.299,652$83.6M0.05%−4,385−1.4%Reduced
Neuberger Berman Group LLC296,906$82.8M0.06%−8,603−2.8%Reduced
Envestnet Asset Management Inc292,381$81.6M0.02%−7,297−2.4%Reduced
Forest Avenue Capital Management LP289,860$80.8M5.33%+289,860New
Principal Financial Group Inc287,889$80.3M0.04%+7,037+2.5%Added
Agf Management Ltd286,682$80.0M0.35%−125,264−30.4%Reduced
Korea Investment CORP286,349$79.9M0.16%+144,521+101.9%Added
Silvant Capital Management LLC285,010$79.5M2.68%+6,544+2.4%Added
CIBC Private Wealth Group, LLC268,770$75.0M0.13%+10,329+4.0%Added
Alliancebernstein L.P.266,510$74.3M0.02%−22,839−7.9%Reduced
Atalanta Sosnoff Capital, LLC257,768$71.9M1.40%+69,025+36.6%Added
Schroder Investment Management Group242,217$67.6M0.05%+56,616+30.5%Added
Credit Agricole S A233,943$65.3M0.18%−28,720−10.9%Reduced
Bank of Montreal229,611$64.0M0.03%+16,241+7.6%Added
Robeco Institutional Asset Management B.V.226,230$63.1M0.09%+113,349+100.4%Added
State Board of Administration of Florida Retirement System225,253$62.8M0.11%−7,636−3.3%Reduced
Aviva PLC215,911$60.2M0.10%+11,379+5.6%Added
Frontier Capital Management Co LLC215,850$60.2M0.64%−138,041−39.0%Reduced
Adage Capital Partners GP, L.L.C.211,300$58.9M0.09%+20,600+10.8%Added
LPL Financial LLC211,018$58.9M0.02%−1,480−0.7%Reduced
Retirement Systems of Alabama207,555$57.9M0.19%+40,619+24.3%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.206,337$57.6M0.07%+206,337New
Asset Management One Co.,Ltd.196,008$55.3M0.15%+15,131+8.4%Added
STRS Ohio194,969$54.4M0.20%+17,511+9.9%Added
New York State Teachers Retirement System189,558$52.9M0.10%+3,384+1.8%Added
PFA Pension, Forsikringsaktieselskab186,634$52.6M0.15%+186,634New
Capital International Ltd186,329$52.0M1.83%+21,236+12.9%Added
Treasurer of the State of North Carolina181,483$50.6M0.16%−7,897−4.2%Reduced
M&G Plc174,825$48.8M0.25%−18,668−9.6%Reduced
Victory Capital Management Inc173,733$48.5M0.03%+42,423+32.3%Added
Lansforsakringar Fondforvaltning AB (publ)171,108$47.7M0.24%+33,786+24.6%Added
Standard Life Aberdeen plc171,048$47.7M0.07%−12,420−6.8%Reduced
National Bank of Canada169,309$47.2M0.05%+68,154+67.4%Added
Newbrook Capital Advisors LP167,560$46.7M5.86%+27,535+19.7%Added
Citadel Advisors LLC166,411$46.4M0.03%+109,537+192.6%Added