Norwegian Cruise Line Holdings Ltd.
Norwegian Cruise Line Holdings Ltd. (NCLH) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · NCLH · as of Mar 31, 2025
Ownership Breakdown
713
Institutional Holders
▼ 24 vs Q4
$6.71B
Total Inst. Value
▼ $2.30B vs Q4
459.11M
Shares Outstanding
freeFloat 99.15%
353.84M
13F Shares Held
▲ 4.22M vs Q4
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
NCLH largest shareholders · institutional ownership
Q1 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
CAPITAL INTERNATIONAL INVESTORS water transportation | 55.61M | 12.61% | 12.61% | $1.05T | May 12, 2025 | ▲ 417.3K |
VANGUARD GROUP INC water transportation | 53.96M | 12.23% | 12.23% | $1.02T | May 9, 2025 | ▲ 653.3K |
BLACKROCK, INC. water transportation | 30.75M | 6.97% | 6.97% | $582.99B | May 2, 2025 | ▲ 1.95M |
STATE STREET CORP water transportation | 15.78M | 3.58% | 3.58% | $299.10B | May 15, 2025 | ▼ 335.8K |
INVESCO LTD. water transportation | 11.48M | 2.60% | 2.60% | $217.62B | May 12, 2025 | ▲ 2.15M |
GEODE CAPITAL MANAGEMENT, LLC water transportation | 11.27M | 2.55% | 2.55% | $213.31B | May 13, 2025 | ▲ 472.9K |
MORGAN STANLEY water transportation | 10.74M | 2.43% | 2.43% | $203.61B | May 15, 2025 | ▲ 4.48M |
ARIEL INVESTMENTS, LLC water transportation | 9.08M | 2.06% | 2.06% | $172.18B | May 15, 2025 | ▲ 5.08M |
BAILLIE GIFFORD & CO water transportation | 7.37M | 1.67% | 1.67% | $139.79B | May 7, 2025 | ▼ 626.9K |
DIMENSIONAL FUND ADVISORS LP water transportation | 5.47M | 1.24% | 1.24% | $103.68B | May 13, 2025 | ▲ 515.1K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q1 2025 vs prior quarter
Q1 2025
30
Increased
+30.85M shares6
New Positions
first time holders14
Decreased
−22.98M shares0
Sold Out
fully exitedNet shares change (top 50)
+7.87M
+30.85M / −22.98M
Net new holders
+22
6 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
NCLH insider trading · insider activity
Source: SEC Form 4
Insiders have been net buyers of shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
12
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
CHIDSEY JOHN President and CEO | May 22, 2026 | Purchase | 153,000 | $16.37 | $2.50M | 1.14M | Form 4 ↗ |
COHEN JONATHAN Z director | May 20, 2026 | Purchase | 30,000 | $15.83 | $474.9K | 38.9K | Form 4 ↗ |
Cil Jose E. director | May 19, 2026 | Purchase | 10,000 | $14.91 | $149.1K | 74.3K | Form 4 ↗ |
Cil Jose E. director | May 18, 2026 | Purchase | 5,000 | $15.25 | $76.3K | 64.3K | Form 4 ↗ |
MacDonald Brian P director | May 11, 2026 | Purchase | 15,000 | $16.54 | $248.1K | 23.9K | Form 4 ↗ |
Lansberry Kevin Allen director | May 7, 2026 | Purchase | 11,400 | $17.28 | $197.0K | 20.3K | Form 4 ↗ |
Byng-Thorne Zillah director | May 7, 2026 | Purchase | 25,015 | $17.67 | $442.0K | 99.8K | Form 4 ↗ |
Byng-Thorne Zillah director | May 7, 2026 | Purchase | 4,452 | $17.83 | $79.4K | 25.7K | Form 4 ↗ |
MacDonald Brian P director | Apr 13, 2026 | Award | 8,912 | — | — | 8.9K | Form 4 ↗ |
Cruz Alex director | Apr 13, 2026 | Award | 8,912 | — | — | 21.7K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Norwegian Cruise Line Holdings Ltd. (NCLH) is primarily owned by institutional investors, who hold approximately 77.1% of total shares outstanding. Company insiders own approximately 0.85%, while retail and public investors account for the remaining 22.08%.
The largest institutional shareholder of Norwegian Cruise Line Holdings Ltd. is CAPITAL INTERNATIONAL INVESTORS, holding approximately 55.61 million shares — equal to 12.61% of outstanding shares — as of March 31, 2025.
A total of 713 institutional investors currently hold NCLH stock, with a combined institutional value of approximately $6.71 billion as of the most recent 13F filing period.
Frequently asked questions
NCLH ownershipNorwegian Cruise Line Holdings Ltd. (NCLH) is primarily owned by institutional investors, who hold approximately 77.1% of shares. The largest shareholder is CAPITAL INTERNATIONAL INVESTORS with a 12.61% stake. Company insiders hold 0.85%. Data sourced from SEC Form 13F as of March 31, 2025.