NCLHNYSEWater TransportationFiscal year ends December 31
Norwegian Cruise Line Holdings Ltd.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$15.24+0.19 (+1.26%)
Close on Oct 19, 2026
- Market cap
- $7.07B
- P/E (TTM)
- 9.5
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
470M of 459M shares
Institutional holders
635
92 new, 87 sold out
Net institutional buying
31M
In Q2 2026
Insider trades, 12 months
17 buys · 1 sales
Net bought $30.82M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Capital Management | 33,612,105 | 7.37% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 24,870,986 | 5.80% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NCLH | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Vanguard Capital Management LLC | 29,972,580 | 6.53% | $632.72M | +355,565 | 0.01% |
| BlackRock, Inc. | 29,336,839 | 6.39% | $619.30M | −5,193,269 | 0.01% |
| UBS Group AG | 23,331,373 | 5.08% | $492.53M | +1,377,239 | 0.06% |
| Goldman Sachs Group Inc | 18,908,671 | 4.12% | $399.16M | +993,744 | 0.03% |
| Vanguard Portfolio Management LLC | 18,666,538 | 4.07% | $394.05M | −1,036,581 | 0.02% |
| State Street Corp | 17,008,796 | 3.70% | $359.06M | +750,042 | 0.01% |
| Barclays PLC | 16,705,019 | 3.64% | $352.64M | +1,602,378 | 0.07% |
| Ariel Investments, LLC | 15,430,947 | 3.36% | $325.75M | +769,368 | 3.25% |
| Ameriprise Financial Inc | 15,011,544 | 3.27% | $316.72M | +14,548,786 | 0.06% |
| Elliott Investment Management L.P. | 14,686,000 | 3.20% | $310.02M | +1,500,000 | 1.37% |
| Capital International Investors | 14,038,301 | 3.06% | $296.35M | −15,943,598 | 0.06% |
| Invesco Ltd. | 13,174,036 | 2.87% | $278.10M | +2,354,029 | 0.02% |
| Geode Capital Management, LLC | 12,129,137 | 2.64% | $255.58M | −411,447 | 0.01% |
| Mizuho Markets Americas LLC | 11,385,000 | 2.48% | $240.34M | +9,600,000 | 3.77% |
| Dimensional Fund Advisors LP | 10,002,632 | 2.18% | $211.22M | +2,740,042 | 0.04% |
| Nearwater Capital Markets, Ltd | 9,465,000 | 2.06% | $199.81M | +6,060,000 | 3.45% |
| Price T Rowe Associates Inc /Md/ | 8,457,110 | 1.84% | $178.53K | +480,623 | 0.02% |
| Morgan Stanley | 7,793,052 | 1.70% | $164.51M | −449,642 | 0.01% |
| Baupost Group LLC/Ma | 7,730,000 | 1.68% | $163.18K | +4,100,000 | 3.01% |
| Hound Partners, LLC | 6,694,773 | 1.46% | $141.33M | +981,683 | 16.38% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 635 | 470M | 100.0% | 92 / 195 | 211 / 87 | 94M | 64M |
| Q1 2026 | 641 | 440M | 95.8% | 105 / 207 | 180 / 99 | 186M | 80M |
| Q4 2025 | 646 | 388M | 84.5% | 106 / 231 | 179 / 92 | 70M | 57M |
| Q3 2025 | 645 | 376M | 81.9% | 108 / 201 | 192 / 73 | 59M | 42M |
| Q2 2025 | 617 | 359M | 78.2% | 82 / 228 | 182 / 101 | 54M | 48M |
| Q1 2025 | 644 | 354M | 77.1% | 98 / 236 | 189 / 114 | 56M | 51M |
| Q4 2024 | 674 | 350M | 76.3% | 172 / 205 | 174 / 60 | 60M | 35M |
| Q3 2024 | 570 | 326M | 70.9% | 79 / 199 | 156 / 56 | 91M | 30M |
| Q2 2024 | 553 | 293M | 63.9% | 97 / 194 | 147 / 61 | 58M | 88M |
| Q1 2024 | 524 | 324M | 70.5% | 76 / 157 | 177 / 66 | 37M | 16M |
| Q4 2023 | 522 | 303M | 66.0% | 91 / 134 | 183 / 73 | 58M | 37M |
| Q3 2023 | 512 | 283M | 61.5% | 62 / 154 | 183 / 73 | 54M | 34M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NCLH | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 14,586,574 | 3.18% | $307.92M | 0.01% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 11,897,720 | 2.59% | $251.16M | 0.02% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 10,532,035 | 2.29% | $222.33M | 0.12% | Jun 30, 2026 |
| Invesco S&P 500 Equal Weight ETF | 10,397,492 | 2.26% | $192.67M | 0.20% | Jul 31, 2026 |
| SMALLCAP World Fund Inc | 6,296,320 | 1.37% | $132.92M | 0.14% | Jun 30, 2026 |
| Ariel Fund | 4,713,446 | 1.03% | $99.50M | 3.44% | Jun 30, 2026 |
| Patient Opportunity Trust | 4,000,000 | 0.87% | $84.44M | 4.21% | Jun 30, 2026 |
| Growth Fund | 3,869,261 | 0.84% | $81.68M | 0.14% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 3,334,915 | 0.73% | $70.40M | 0.10% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 3,031,942 | 0.66% | $64.00M | 0.14% | Jun 30, 2026 |
| Vanguard Institutional Index Fund | 2,477,103 | 0.54% | $52.29M | 0.01% | Jun 30, 2026 |
| American Funds Global Insight Fund | 1,501,708 | 0.33% | $27.83M | 0.13% | Jul 31, 2026 |
| Vanguard Mid-Cap Growth Fund | 1,485,653 | 0.32% | $27.53M | 1.02% | Jul 31, 2026 |
| Avantis U.S. Large Cap Value ETF | 1,373,506 | 0.30% | $25.19M | 0.20% | May 31, 2026 |
| Ariel Appreciation Fund | 1,321,822 | 0.29% | $27.90M | 2.91% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| John Chidsey | President and CEO, Director | 1,139,940 | 0.25% | May 26, 2026 |
| Harry Sommer | Pres. & CEO of NCLH, Director | 720,728 | 0.16% | Nov 6, 2025 |
| Mark Kempa | EVP & CFO | 480,514 | 0.10% | Mar 10, 2026 |
| Daniel S. Farkas | EVP GC, CDO & Sec'y | 424,037 | 0.09% | Mar 10, 2026 |
| Marc Kazlauskas | See Remarks | 54,862 | 0.01% | Mar 10, 2026 |
| Jason Montague | Chief Luxury Officer | 116,340 | 0.03% | Mar 10, 2026 |
| Patrik Dahlgren | See Remarks | 240,528 | 0.05% | Mar 10, 2026 |
| Faye L. Ashby | SVP & Chief Accounting Officer | 152,082 | 0.03% | Mar 10, 2026 |
| David Herrera | Pres. NCL | 271,909 | 0.06% | Mar 4, 2025 |
| Rio Frank A. Del | Pres. Oceania Cruises | 85,096 | 0.02% | Jan 6, 2025 |
| Andrea DeMarco | Pres. RSSC | 97,304 | 0.02% | Jan 6, 2025 |
| Stephen G. Pagliuca | Director | 1,388,912 | 0.30% | Jun 3, 2026 |
| Jonathan Z. Cohen | Director | 38,912 | 0.01% | May 21, 2026 |
| Jose E. Cil | Director | 99,045 | 0.02% | May 19, 2026 |
| Brian P. MacDonald | Director | 23,912 | 0.01% | May 12, 2026 |
| Kevin Allen Lansberry | Director | 20,312 | 0.00% | May 11, 2026 |
| Zillah Byng-Thorne | Director | 125,553 | 0.03% | May 11, 2026 |
| Alex Cruz | Director | 21,657 | 0.00% | Apr 14, 2026 |
| Harry C. Curtis | Director | 59,104 | 0.01% | Jan 6, 2026 |
| Mary E. Landry | Director | 66,653 | 0.01% | Jan 6, 2026 |
| Stella David | Director | 116,643 | 0.03% | Jan 6, 2026 |
| David M. Abrams | Director | 92,740 | 0.02% | Jan 6, 2026 |
| Linda P. Jojo | Director | 20,871 | 0.00% | Jan 6, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Stephen G. Pagliuca Director | Jun 2, 2026 | Buy | +685,000 | $18.06 | $12.37M | 1,388,912 |
| Stephen G. Pagliuca Director | Jun 1, 2026 | Buy | +695,000 | $18.16 | $12.62M | 703,912 |
| John Chidsey President and CEO, Director | May 22, 2026 | Buy | +153,000 | $16.37 | $2.50M | 1,139,940 |
| Jonathan Z. Cohen Director | May 20, 2026 | Buy | +30,000 | $15.83 | $474.90K | 38,912 |
| Jose E. Cil Director | May 19, 2026 | Buy | +10,000 | $14.91 | $149.10K | 74,295 |
| Jose E. Cil Director | May 18, 2026 | Buy | +5,000 | $15.25 | $76.25K | 64,295 |
| Brian P. MacDonald Director | May 11, 2026 | Buy | +15,000 | $16.54 | $248.10K | 23,912 |
| Kevin Allen Lansberry Director | May 7, 2026 | Buy | +11,400 | $17.28 | $196.99K | 20,312 |
| Zillah Byng-Thorne Director | May 7, 2026 | Buy | +4,452 | $17.83 | $79.38K | 25,742 |
| Zillah Byng-Thorne Director | May 7, 2026 | Buy | +25,015 | $17.67 | $442.02K | 99,811 |
| Alex Cruz Director | Apr 13, 2026 | Award | +8,912 | – | – | 21,657 |
| Brian P. MacDonald Director | Apr 13, 2026 | Award | +8,912 | – | – | 8,912 |
| Stephen G. Pagliuca Director | Apr 13, 2026 | Award | +8,912 | – | – | 8,912 |
| Jonathan Z. Cohen Director | Apr 13, 2026 | Award | +8,912 | – | – | 8,912 |
| Kevin Allen Lansberry Director | Apr 13, 2026 | Award | +8,912 | – | – | 8,912 |
| John Chidsey President and CEO, Director | Mar 26, 2026 | Award | +967,254 | – | – | 986,940 |
| Faye L. Ashby SVP & Chief Accounting Officer | Mar 6, 2026 | Award | +29,925 | $20.05 | $600.00K | 152,082 |
| Marc Kazlauskas See Remarks | Mar 6, 2026 | Award | +54,862 | $20.05 | $1.10M | 54,862 |
| Mark Kempa EVP & CFO | Mar 6, 2026 | Award | +47,880 | $20.05 | $959.99K | 480,514 |
| Daniel S. Farkas EVP GC, CDO & Sec'y | Mar 6, 2026 | Award | +44,887 | $20.05 | $899.98K | 424,037 |
| Jason Montague Chief Luxury Officer | Mar 6, 2026 | Award | +54,862 | $20.05 | $1.10M | 102,940 |
| Patrik Dahlgren See Remarks | Mar 6, 2026 | Award | +54,862 | $20.05 | $1.10M | 240,528 |
| Faye L. Ashby SVP & Chief Accounting Officer | Mar 1, 2026 | Tax withholding | −3,469 | $24.79 | $86.00K | 126,901 |
| Faye L. Ashby SVP & Chief Accounting Officer | Mar 1, 2026 | Tax withholding | −2,525 | $24.79 | $62.59K | 124,376 |
| Faye L. Ashby SVP & Chief Accounting Officer | Mar 1, 2026 | Tax withholding | −2,219 | $24.79 | $55.01K | 122,157 |
| Mark Kempa EVP & CFO | Mar 1, 2026 | Tax withholding | −8,664 | $24.79 | $214.78K | 446,714 |
| Mark Kempa EVP & CFO | Mar 1, 2026 | Tax withholding | −7,208 | $24.79 | $178.69K | 439,506 |
| Mark Kempa EVP & CFO | Mar 1, 2026 | Tax withholding | −6,872 | $24.79 | $170.36K | 432,634 |
| Mark Kempa EVP & CFO | Mar 1, 2026 | Tax withholding | −46,074 | $24.79 | $1.14M | 455,378 |
| Patrik Dahlgren EVP, Chief Vessel Ops & NO | Mar 1, 2026 | Tax withholding | −29,607 | $24.79 | $733.96K | 205,462 |
| Patrik Dahlgren EVP, Chief Vessel Ops & NO | Mar 1, 2026 | Tax withholding | −7,004 | $24.79 | $173.63K | 192,538 |
| Patrik Dahlgren EVP, Chief Vessel Ops & NO | Mar 1, 2026 | Tax withholding | −5,920 | $24.79 | $146.76K | 199,542 |
| Patrik Dahlgren EVP, Chief Vessel Ops & NO | Mar 1, 2026 | Tax withholding | −6,872 | $24.79 | $170.36K | 185,666 |
| Daniel S. Farkas EVP GC, CDO & Sec'y | Mar 1, 2026 | Tax withholding | −8,664 | $24.79 | $214.78K | 438,703 |
| Daniel S. Farkas EVP GC, CDO & Sec'y | Mar 1, 2026 | Tax withholding | −46,129 | $24.79 | $1.14M | 392,574 |
| Daniel S. Farkas EVP GC, CDO & Sec'y | Mar 1, 2026 | Tax withholding | −6,970 | $24.79 | $172.79K | 385,604 |
| Daniel S. Farkas EVP GC, CDO & Sec'y | Mar 1, 2026 | Tax withholding | −6,454 | $24.79 | $159.99K | 379,150 |
| Jason Montague Chief Luxury Officer | Mar 1, 2026 | Tax withholding | −4,313 | $24.79 | $106.92K | 48,078 |
| Patrik Dahlgren EVP, Chief Vessel Ops & NO | Feb 24, 2026 | Award | +90,252 | – | – | 235,069 |
| Daniel S. Farkas EVP GC, CDO & Sec'y | Feb 24, 2026 | Award | +132,100 | – | – | 447,367 |
| Mark Kempa EVP & CFO | Feb 24, 2026 | Award | +132,100 | – | – | 501,452 |
| Zillah Byng-Thorne Director | Jan 2, 2026 | Award | +8,779 | – | – | 74,796 |
| John Chidsey Director | Jan 2, 2026 | Award | +13,169 | – | – | 19,686 |
| Jose E. Cil Director | Jan 2, 2026 | Award | +13,169 | – | – | 24,750 |
| David M. Abrams Director | Jan 2, 2026 | Award | +8,779 | – | – | 92,740 |
| Mary E. Landry Director | Jan 2, 2026 | Award | +8,779 | – | – | 66,653 |
| Stella David Director | Jan 2, 2026 | Award | +13,169 | – | – | 116,643 |
| Harry C. Curtis Director | Jan 2, 2026 | Award | +8,779 | – | – | 59,104 |
| Linda P. Jojo Director | Jan 2, 2026 | Award | +13,169 | – | – | 20,871 |
| Faye L. Ashby SVP & Chief Accounting Officer | Dec 12, 2025 | Sale | −5,250 | $21.00 | $110.25K | 130,370 |
| Patrik Dahlgren EVP, Chief Vessel Ops & NO | Nov 25, 2025 | Buy | +5,550 | $17.94 | $99.57K | 144,817 |
| Harry C. Curtis Director | Nov 7, 2025 | Buy | +5,000 | $19.25 | $96.25K | 50,325 |
| Stella David Director | Nov 6, 2025 | Buy | +6,986 | $18.59 | $129.87K | 103,474 |
| Zillah Byng-Thorne Director | Nov 6, 2025 | Buy | +29,008 | $18.11 | $525.33K | 66,017 |
| Jason Montague Chief Luxury Officer | Nov 6, 2025 | Buy | +13,400 | $18.81 | $252.05K | 13,400 |
| Mark Kempa EVP & CFO | Nov 6, 2025 | Buy | +10,635 | $18.53 | $197.07K | 369,352 |
| Harry Sommer Pres. & CEO of NCLH, Director | Nov 6, 2025 | Buy | +25,000 | $18.52 | $463.00K | 720,728 |
| Linda P. Jojo Director | May 7, 2025 | Award | +7,702 | – | – | 7,702 |
| Patrik Dahlgren See Remarks | Mar 3, 2025 | Award | +52,391 | – | – | 147,259 |
| David Herrera Pres. NCL | Mar 3, 2025 | Award | +52,391 | – | – | 271,909 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Ashby Faye Officer | Dec 12, 2025 | 5,250 | $110.22K | Dec 12, 2025 | Restricted Stock Release |
| Ashby Faye Officer | Nov 8, 2024 | 38,344 | $1.05M | Nov 8, 2024 | restricted stock release |
| Sieger Andrea Officer | Nov 6, 2024 | 29,000 | $805.01K | Nov 6, 2024 | restricted stock release |
| Kempa Mark Officer | Nov 6, 2024 | 15,000 | $417.88K | Nov 6, 2024 | restricted stock release |
| J. Sommer Harry Officer | Nov 4, 2024 | 100,000 | $2.47M | Nov 4, 2024 | restricted stock release |
| Farkas Daniel Officer | Nov 4, 2024 | 46,820 | $1.16M | Nov 4, 2024 | restricted stock release |
| W. Galbut Russell Former Chairman | Oct 10, 2024 | 125,275 | $2.61M | Oct 10, 2024 | Acquired as consideration of merger or acquisition |
| W. Galbut Russell Former Chairman | Sep 23, 2024 | 200,000 | $4.18M | Sep 23, 2024 | Acquired as consideration of merger or acquisition |
| Farkas Daniel Officer | Aug 27, 2024 | 30,000 | $542.72K | Aug 27, 2024 | restricted stock release |
| J. Sommer Harry Officer | Aug 27, 2024 | 25,000 | $452.25K | Aug 27, 2024 | employee stock purchase plan |
| Ashby Faye Officer | Jun 5, 2024 | 19,582 | $360.61K | Jun 5, 2024 | Restricted stock vesting |
| Kempa Mark Officer | Mar 8, 2024 | 19,965 | $399.50K | Mar 8, 2024 | restricted stock release |
| Farkas Daniel Officer | Jun 15, 2023 | 38,000 | $750.12K | Jun 15, 2023 | Res. Stock Release |
| Ashby Faye Officer | Jun 13, 2023 | 15,811 | $305.79K | Jun 13, 2023 | Performance Share Release |
| Del Rio Frank Affiliate | Jun 12, 2023 | 300,000 | $5.30M | Jun 12, 2023 | Compensation |