Security Snapshot

Norwegian Cruise Line Holdings Ltd. - Common Stock (NCLH) Institutional Ownership

CUSIP: G66721104

13F Institutional Holders and Ownership History from Q1 2014 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

638

Shares (Excl. Options)

387,529,316

Price

$22.32

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Type / Class
Equity / Common Stock
Symbol
NCLH on NYSE
Shares outstanding
456,066,554
Price per share
$20.16
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
387,529,316
Total reported value
$8,649,102,504
% of total 13F portfolios
0.01%
Share change
+17,017,475
Value change
+$332,494,830
Number of holders
638
Price from insider filings
$20.16
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Quick Takeaways

  • NCLH - Norwegian Cruise Line Holdings Ltd. - Common Stock is tracked under CUSIP G66721104.
  • 638 institutions reported positions in Q4 2025.
  • 2 significant owners is listed from Schedule 13D/13G reporting.

What Changed

  • Holder count moved from 638 to 384 between Q4 2025 and Q1 2026.
  • Reported value moved from $8,649,102,504 to $2,668,077,403.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 638 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP G66721104?
CUSIP G66721104 identifies NCLH - Norwegian Cruise Line Holdings Ltd. - Common Stock in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

Significant Owners of Norwegian Cruise Line Holdings Ltd. - Common Stock (NCLH) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Capital International Investors 12% -8.5% $1,297,734,700 -$78,670,806 52,689,188 -5.7% Capital International Investors 30 Sep 2025
VANGUARD CAPITAL MANAGEMENT LLC 7.4% $628,546,364 33,612,105 Vanguard Capital Management 31 Mar 2026

As of 31 Dec 2025, 638 institutional investors reported holding 387,529,316 shares of Norwegian Cruise Line Holdings Ltd. - Common Stock (NCLH). This represents 85% of the company’s total 456,066,554 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Norwegian Cruise Line Holdings Ltd. - Common Stock (NCLH) together control 65% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Capital International Investors 12% 56,177,669 +7.1% 0.2% $1,253,885,572
VANGUARD GROUP INC 12% 52,846,173 +0.3% 0.02% $1,179,526,582
BlackRock, Inc. 8.5% 38,582,752 +25% 0.01% $861,167,013
STATE STREET CORP 3.6% 16,304,827 +0.41% 0.01% $363,923,739
ARIEL INVESTMENTS, LLC 3.1% 14,351,367 +19% 3.5% $320,322,511
GEODE CAPITAL MANAGEMENT, LLC 2.7% 12,205,008 +2.2% 0.02% $271,951,170
Invesco Ltd. 2.3% 10,377,997 +16% 0.04% $231,636,894
MORGAN STANLEY 1.9% 8,520,548 +44% 0.01% $190,178,671
GOLDMAN SACHS GROUP INC 1.6% 7,380,531 -26% 0.02% $164,733,458
MARSHALL WACE, LLP 1.5% 7,012,647 +295% 0.15% $156,522,281
AQR CAPITAL MANAGEMENT LLC 1.5% 6,793,256 +1506% 0.08% $151,625,474
DIMENSIONAL FUND ADVISORS LP 1.5% 6,743,800 +2.1% 0.03% $150,522,337
CITADEL ADVISORS LLC 1.3% 5,706,941 -32% 0.09% $127,378,923
Patient Capital Management, LLC 1.2% 5,308,128 +16% 4.6% $118,477,419
Greenhouse Funds LLLP 1.2% 5,298,649 +4.4% 4.6% $118,265,846
BANK OF NOVA SCOTIA 1.1% 5,158,105 +10867% 0.17% $115,128,904
GOLDENTREE ASSET MANAGEMENT LP 1% 4,582,391 +38% 5.5% $102,091,931
Balyasny Asset Management L.P. 0.95% 4,325,756 +56% 0.18% $96,550,874
NORTHERN TRUST CORP 0.93% 4,248,655 -0.35% 0.01% $94,829,980
AMERIPRISE FINANCIAL INC 0.86% 3,920,309 +208% 0.02% $87,501,297
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.84% 3,832,562 +2% 0.01% $85,542,784
Hound Partners, LLC 0.83% 3,807,887 +23% 12% $84,992,038
UBS Group AG 0.82% 3,726,554 -46% 0.02% $83,176,685
JPMORGAN CHASE & CO 0.77% 3,503,121 +52% 0.01% $78,189,658
NATIONAL BANK OF CANADA /FI/ 0.76% 3,466,057 +1362% 0.08% $77,362,565

Institutional Holders of Norwegian Cruise Line Holdings Ltd. - Common Stock (NCLH) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 142,678,599 $2,668,077,403 +$631,563,689 $18.70 384
2025 Q4 387,529,316 $8,649,102,504 +$332,494,830 $22.32 638
2025 Q3 373,649,211 $9,201,031,765 +$463,244,740 $24.63 642
2025 Q2 354,317,682 $7,187,084,491 +$100,758,796 $20.28 607
2025 Q1 349,400,351 $6,620,935,188 -$84,867,868 $18.96 633
2024 Q4 349,114,028 $8,982,337,480 +$580,966,231 $25.73 663
2024 Q3 323,500,576 $6,635,537,451 +$665,136,908 $20.51 554
2024 Q2 291,516,001 $5,476,710,076 -$429,074,075 $18.79 542
2024 Q1 308,711,765 $6,459,032,766 +$289,604,699 $20.93 510
2023 Q4 295,740,583 $5,925,923,364 +$276,023,355 $20.04 512
2023 Q3 282,049,179 $4,648,045,587 +$277,298,833 $16.48 496
2023 Q2 259,033,851 $5,638,489,685 +$268,302,177 $21.77 514
2023 Q1 251,161,686 $3,377,426,072 -$106,436,493 $13.45 487
2022 Q4 260,407,706 $3,187,753,327 +$161,078,417 $12.24 513
2022 Q3 241,826,175 $2,748,143,413 -$35,416,185 $11.36 461
2022 Q2 248,848,745 $2,774,973,912 +$142,432,936 $11.12 476
2022 Q1 231,022,631 $5,047,861,328 +$65,435,346 $21.88 510
2021 Q4 229,139,466 $4,755,888,620 +$481,279,557 $20.74 516
2021 Q3 203,055,010 $5,428,215,644 +$166,716,767 $26.71 508
2021 Q2 196,044,327 $5,763,862,097 -$173,757,565 $29.41 528
2021 Q1 202,812,574 $5,596,066,376 +$880,068,364 $27.59 517
2020 Q4 173,350,099 $4,406,686,482 +$793,275,583 $25.43 482
2020 Q3 144,970,009 $2,480,363,211 +$152,284,344 $17.11 382
2020 Q2 135,813,319 $2,229,930,730 -$143,863,091 $16.43 355
2020 Q1 152,304,143 $1,669,166,432 -$1,323,598,051 $10.96 365
2019 Q4 204,971,982 $11,970,694,324 +$82,055,941 $58.41 443
2019 Q3 205,433,534 $10,633,096,990 -$3,459,811 $51.77 416
2019 Q2 205,930,458 $11,035,516,415 +$87,426,663 $53.63 433
2019 Q1 205,580,538 $11,297,871,079 +$3,676,339 $54.96 429
2018 Q4 206,510,424 $8,753,560,862 -$504,744,126 $42.39 428
2018 Q3 209,766,473 $12,047,748,010 +$26,601,565 $57.43 419
2018 Q2 209,557,882 $9,901,925,348 -$266,430,240 $47.25 417
2018 Q1 214,402,939 $11,356,401,524 +$391,151,507 $52.97 414
2017 Q4 206,619,489 $11,002,529,899 +$91,693,350 $53.25 405
2017 Q3 204,524,513 $11,053,682,081 +$458,411,250 $54.05 350
2017 Q2 196,090,497 $10,645,511,326 +$337,763,274 $54.29 314
2017 Q1 196,660,353 $9,976,481,586 +$325,453,802 $50.73 291
2016 Q4 199,003,927 $8,458,361,600 +$571,066,019 $42.53 272
2016 Q3 185,704,255 $6,999,339,487 -$323,606,500 $37.70 272
2016 Q2 193,814,352 $7,721,808,274 +$46,770,046 $39.84 301
2016 Q1 191,539,908 $10,588,529,321 +$82,795,524 $55.29 299
2015 Q4 189,782,033 $11,121,720,290 +$337,645,731 $58.60 287
2015 Q3 183,028,225 $10,486,467,343 +$673,471,227 $57.30 264
2015 Q2 171,746,592 $9,624,675,458 +$584,897,837 $56.04 240
2015 Q1 161,369,069 $8,714,258,158 +$897,925,772 $54.01 221
2014 Q4 145,295,530 $6,793,916,083 +$628,165,185 $46.76 176
2014 Q3 172,584,195 $6,011,426,570 -$118,031,801 $36.02 143
2014 Q2 135,811,092 $4,305,243,440 +$2,905,746 $31.70 137
2014 Q1 135,506,112 $4,371,774,746 +$148,859,903 $32.27 143
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