Columbus Hill Capital Management, L.P.: NORWEGIAN CRUISE LINE HLDGS (NCLH): Quarterly 13F Position History
As of Q1 2026, Columbus Hill Capital Management, L.P. reported 2,660,601 shares of NORWEGIAN CRUISE LINE HLDGS (NCLH), worth $49.8M and representing 8.4% of its 13F equity book. The position first appeared in Q1 2021 and has been disclosed across 21 13F-HR filings in Pactolio's tracked window.
- 2,660,601Shares Held (Latest Filing)
- $49.8MReported Market Value (Latest Filing)
- 8.4%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- -$9.6MQuarter-over-Quarter Value Change
- 2,720,728Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 21 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,660,601 | 0 | — | $49.8M | 8.4% | $18.7 |
| Q4 2025 | 2,660,601 | 60,127 | -2.2% | $59.4M | 8.4% | $22.3 |
| Q3 2025 | 2,720,728 | +144,019 | +5.6% | $67.0M | 8.8% | $24.6 |
| Q2 2025 | 2,576,709 | +547,790 | +27.0% | $52.3M | 7.5% | $20.3 |
| Q1 2025 | 2,028,919 | +624,600 | +44.5% | $38.5M | 8.1% | $19.0 |
| Q4 2024 | 1,404,319 | +154,588 | +12.4% | $36.1M | 7.0% | $25.7 |
| Q3 2024 | 1,249,731 | +184 | +0.0% | $25.6M | 5.0% | $20.5 |
| Q2 2024 | 1,249,547 | +1,249,547 | — | $23.5M | 4.8% | $18.8 |
| Q1 2024 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2023 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q3 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q2 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2022 | 0 | 826,400 | -100.0% | $0 | 0.0% | — |
| Q4 2021 | 826,400 | +221,400 | +36.6% | $17.1M | 2.6% | $20.7 |
| Q3 2021 | 605,000 | +189,600 | +45.6% | $16.2M | 2.1% | $26.7 |
| Q2 2021 | 415,400 | +67,400 | +19.4% | $12.2M | 1.6% | $29.4 |
| Q1 2021 | 348,000 | — | — | $9.6M | 1.2% | $27.6 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Columbus Hill Capital Management, L.P. first disclose a NCLH position in 13F-HR filings?
Columbus Hill Capital Management, L.P. first reported NORWEGIAN CRUISE LINE HLDGS (NCLH) on its 13F-HR filing for the period ending 2021-03-31 (Q1 2021). The position has appeared on 21 reported quarters within Pactolio's tracked window.
What was Columbus Hill Capital Management, L.P.'s most recent quarter-over-quarter share-count change in NCLH?
Columbus Hill Capital Management, L.P. held the same 2,660,601 shares of NCLH between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent Columbus Hill Capital Management, L.P.'s cost basis in NCLH?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.