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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
Natixis Advisors, L.P.165,646$46.2M0.07%−22,469−11.9%Reduced
Pinnacle Associates Ltd164,907$46.0M0.59%−5,818−3.4%Reduced
Great West Life Assurance Co162,805$45.4M0.08%−103,186−38.8%Reduced
HSBC Holdings PLC156,364$43.8M0.02%+54,293+53.2%Added
Mercer Global Advisors Inc149,298$41.6M0.06%−46,628−23.8%Reduced
Stifel Financial Corp149,118$41.6M0.04%+4,895+3.4%Added
Columbus Hill Capital Management, L.P.149,125$41.6M5.85%−3,370−2.2%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)147,393$41.1M0.09%+4,995+3.5%Added
State of Wisconsin Investment Board143,773$40.1M0.09%−4,876−3.3%Reduced
KBC Group NV142,909$39.9M0.09%+2,240+1.6%Added
Manufacturers Life Insurance Company, The141,690$39.5M0.03%−1,344−0.9%Reduced
Danske Bank A/S136,417$38.0M0.09%−12,117−8.2%Reduced
Russell Investments Group, Ltd.133,878$37.4M0.04%+16,716+14.3%Added
Panagora Asset Management Inc133,549$37.2M0.13%+10,558+8.6%Added
Chevy Chase Trust Holdings, Inc.131,796$36.8M0.10%−326−0.2%Reduced
Calamos Advisors LLC131,653$36.7M0.15%−22,249−14.5%Reduced
Squarepoint Ops LLC130,935$36.5M0.07%−117,289−47.3%Reduced
Pictet Asset Management Holding SA130,003$36.3M0.04%+6,641+5.4%Added
New York State Common Retirement Fund124,492$34.7M0.05%00.0%Unchanged
Caisse de Depot Et Placement du Quebec116,461$32.5M0.06%+77,028+195.3%Added
Quantinno Capital Management LP116,410$32.5M0.07%+22,025+23.3%Added
Clough Capital Partners L P114,441$31.9M2.87%+48,370+73.2%Added
Bank of Nova Scotia114,125$31.8M0.05%+72,847+176.5%Added
SEI Investments Co112,590$31.4M0.03%−12,440−9.9%Reduced
Connor, Clark & Lunn Investment Management Ltd.112,507$31.4M0.08%+37,914+50.8%Added
Millennium Management LLC111,817$31.2M0.02%+87,967+368.8%Added
Royal London Asset Management Ltd110,556$30.8M0.06%+1,516+1.4%Added
State of Tennessee, Treasury Department93,902$30.5M0.10%−2,246−2.3%Reduced
Mitsubishi UFJ Trust & Banking Corp107,489$30.0M0.07%−812−0.7%Reduced
Zacks Investment Management107,100$29.9M0.23%−1,971−1.8%Reduced
Mackenzie Financial Corp106,081$29.8M0.04%−70,586−40.0%Reduced
Los Angeles Capital Management LLC104,266$29.7M0.10%+34,432+49.3%Added
Earnest Partners LLC98,329$27.4M0.12%−19,686−16.7%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH97,944$27.1M0.04%+6,449+7.0%Added
Teachers Retirement System of the State of Kentucky96,422$26.9M0.20%+3,300+3.5%Added
British Columbia Investment Management Corp93,411$26.1M0.14%+3,124+3.5%Added
KLP Kapitalforvaltning AS92,183$25.8M0.10%+200+0.2%Added
Swedbank AB90,484$25.2M0.02%+466+0.5%Added
AQR Capital Management LLC88,124$24.6M0.01%+9,386+11.9%Added
Forsta Ap-Fonden88,080$24.6M0.15%−1,520−1.7%Reduced
Alberta Investment Management Corp87,700$24.5M0.15%+78,900+896.6%Added
State of New Jersey Common Pension Fund D87,660$24.5M0.09%−2,535−2.8%Reduced
Capital Group Private Client Services, Inc.86,152$24.0M0.38%−3,092−3.5%Reduced
Nomura Asset Management Co Ltd85,008$23.7M0.06%+530+0.6%Added
Man Group plc84,659$23.6M0.05%−35,781−29.7%Reduced
Artemis Investment Management LLP84,401$23.5M0.28%−1,733−2.0%Reduced
Parnassus Investments80,810$22.5M0.06%+21,093+35.3%Added
Baltimore-Washington Financial Advisors, Inc.80,317$22.4M0.93%+2,162+2.8%Added
Noesis Capital Mangement Corp78,431$21.9M3.17%+2,275+3.0%Added
Todd Asset Management LLC77,407$21.6M0.42%+3,275+4.4%Added
Public Employees Retirement System of Ohio76,261$21.3M0.07%−2,894−3.7%Reduced
MetLife Investment Management73,012$20.4M0.10%−1,676−2.2%Reduced
Arizona State Retirement System72,559$20.2M0.11%−2,830−3.8%Reduced
Swiss Life Asset Management Ltd71,448$19.9M0.10%+21,149+42.0%Added
Cetera Investment Advisers68,495$19.1M0.02%−4,595−6.3%Reduced
Blair William & Co68,088$19.0M0.05%+15,234+28.8%Added
Czech National Bank66,876$18.7M0.12%+2,718+4.2%Added
Canada Pension Plan Investment Board66,503$18.5M0.01%−160,538−70.7%Reduced
Fiera Capital Corp65,049$18.1M0.06%+15,898+32.3%Added
First Trust Advisors LP64,329$17.9M0.01%−24,730−27.8%Reduced
Janney Montgomery Scott LLC64,259$17.9M0.04%+28,295+78.7%Added
Commerce Bank63,680$17.8M0.10%−10,729−14.4%Reduced
Xponance, Inc.63,461$17.7M0.13%+2,789+4.6%Added
Resona Asset Management Co.,Ltd.63,278$17.6M0.08%−3,409−5.1%Reduced
Creative Planning63,040$17.6M0.01%+1,123+1.8%Added
BI Asset Management Fondsmaeglerselskab A/S62,709$17.5M0.15%+8,832+16.4%Added
MML Investors Services, LLC61,064$17.0M0.04%+3,856+6.7%Added
CIBC Asset Management Inc60,573$16.9M0.04%+25,491+72.7%Added
QRG Capital Management, Inc.59,992$16.7M0.19%−12,059−16.7%Reduced
Mane Global Capital Management LP59,900$16.7M0.91%+59,900New
Amalgamated Bank59,667$16.6M0.12%+3,340+5.9%Added
Navellier & Associates Inc59,399$16.6M1.86%−508−0.8%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys58,994$16.5M0.08%−1,668−2.7%Reduced
Intech Investment Management LLC58,973$16.4M0.15%+41,178+231.4%Added
Commonwealth Equity Services, LLC58,227$16.2M0.02%+2,979+5.4%Added
Nisa Investment Advisors, LLC56,168$15.7M0.05%−3,232−5.4%Reduced
Gotham Asset Management, LLC55,335$15.4M0.06%−42,630−43.5%Reduced
CIBC World Markets Corp54,734$15.3M0.08%+54,734New
Lazard Asset Management LLC53,733$15.0M0.03%+5,188+10.7%Added
ProShare Advisors LLC53,125$14.8M0.03%+4,826+10.0%Added
Horizon Kinetics Asset Management LLC52,758$14.7M0.20%−1,275−2.4%Reduced
Mirae Asset Global Investments Co., Ltd.52,564$14.7M0.04%+8,622+19.6%Added
IFM Investors Pty Ltd51,980$14.5M0.12%+51,980New
Achmea Investment Management B.V.51,239$14.3M0.36%00.0%Unchanged
DnB Asset Management AS50,212$14.0M0.05%+1,640+3.4%Added
CI Private Wealth, LLC49,002$13.7M0.02%−96−0.2%Reduced
Advisor Group Holdings, Inc.46,788$13.1M0.02%−55,913−54.4%Reduced
Teacher Retirement System of Texas46,413$12.9M0.04%+6,613+16.6%Added
Kornitzer Capital Management Inc45,626$12.7M0.26%+28,500+166.4%Added
Varma Mutual Pension Insurance Co44,954$12.5M0.08%−1,000−2.2%Reduced
USS Investment Management Ltd44,913$12.5M0.06%−76−0.2%Reduced
Calamos Wealth Management LLC44,689$12.5M0.43%−522−1.2%Reduced
Woodline Partners LP43,354$12.1M0.05%+9,968+29.9%Added
Verition Fund Management LLC43,138$12.0M0.07%+13,191+44.0%Added
JustInvest LLC42,873$12.0M0.12%+1,815+4.4%Added
Daiwa Securities Group Inc.42,298$11.8M0.04%+740+1.8%Added
Ilmarinen Mutual Pension Insurance Co42,000$11.7M0.09%00.0%Unchanged
Mutual of America Capital Management LLC41,939$11.7M0.12%+13,674+48.4%Added
Utah Retirement Systems41,869$11.7M0.11%00.0%Unchanged
O'Shaughnessy Asset Management, LLC41,814$11.7M0.06%+1,619+4.0%Added