Vault-13

CARNIVAL CORP

UNIT 99/99/9999 · CUSIP 143658300 · ISIN PA1436583006

48 institutional holders -973 vs Q1 2026
66,175,02266.2m shares reported held*
$1.9bnreported value*
7 new 15 added 9 reduced 961 sold out net sold ≈ $22.8bn (-799.5m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $28.56. Options: 1 managers hold calls ($3.1m notional), 1 hold puts ($5.3m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 727Q4 22: 716Q1 23: 712Q2 23: 757Q3 23: 752Q4 23: 808Q1 24: 841Q2 24: 867Q3 24: 859Q4 24: 948Q1 25: 933Q2 25: 999Q3 25: 1,036Q4 25: 1,091Q1 26: 1,021Q2 26: 4848Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022727
Q4 2022716
Q1 2023712
Q2 2023757
Q3 2023752
Q4 2023808
Q1 2024841
Q2 2024867
Q3 2024859
Q4 2024948
Q1 2025933
Q2 2025999
Q3 20251,036
Q4 20251,091
Q1 20261,021
Q2 202648

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1k01kQ3 24: 366 bought or addedQ3 24: 367 cut or sold outQ4 24: 438 bought or addedQ4 24: 344 cut or sold outQ4 24Q1 25: 450 bought or addedQ1 25: 398 cut or sold outQ2 25: 522 bought or addedQ2 25: 365 cut or sold outQ2 25Q3 25: 533 bought or addedQ3 25: 353 cut or sold outQ4 25: 496 bought or addedQ4 25: 425 cut or sold outQ4 25Q1 26: 550 bought or addedQ1 26: 472 cut or sold outQ2 26: 22 bought or addedQ2 26: 970 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024366367
Q4 2024438344
Q1 2025450398
Q2 2025522365
Q3 2025533353
Q4 2025496425
Q1 2026550472
Q2 202622970

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500m$1bn$1.5bn$2bnQ3 25 calls: $1.2bnQ3 25 puts: $1.9bnQ3 25P/C 1.57Q4 25 calls: $1.3bnQ4 25 puts: $1.8bnQ4 25P/C 1.43Q1 26 calls: $950.3mQ1 26 puts: $1.2bnQ1 26P/C 1.28Q2 26 calls: $3.1mQ2 26 puts: $5.3mQ2 26P/C 1.68
Numbers
QuarterCallsPutsP/C
Q3 2025$1.2bn$1.9bn1.57
Q4 2025$1.3bn$1.8bn1.43
Q1 2026$950.3m$1.2bn1.28
Q2 2026$3.1m$5.3m1.68

Biggest buyers

STATE STREET CORP Added +7,978,735+8.0m
ING GROEP NV Added +1,882,877+1.9m
CAPITAL FUND MANAGEMENT S.A. Added +596,608+596.6k
Ilmarinen Mutual Pension Insurance Co New +170,000+170.0k
Delta Global Management LP Added +154,975+155.0k
Fulcrum Asset Management LLP New +44,216+44.2k
TOBAM New +14,409+14.4k
AG2R LA MONDIALE GESTION D'ACTIFS Added +13,010+13.0k
Parcion Private Wealth LLC New +9,908+9.9k
Gulf International Bank (UK) Ltd Added +5,821+5.8k

Biggest sellers

BlackRock, Inc. Sold out -89,979,406-90.0m
VANGUARD CAPITAL MANAGEMENT LLC Sold out -73,474,107-73.5m
VANGUARD PORTFOLIO MANAGEMENT LLC Sold out -54,775,945-54.8m
CAUSEWAY CAPITAL MANAGEMENT LLC Sold out -37,096,593-37.1m
GEODE CAPITAL MANAGEMENT, LLC Sold out -32,569,014-32.6m
BARROW HANLEY MEWHINNEY & STRAUSS LLC Sold out -29,632,847-29.6m
FMR LLC Sold out -22,530,148-22.5m
JPMORGAN CHASE & CO Sold out -19,811,869-19.8m
DIMENSIONAL FUND ADVISORS LP Sold out -15,904,029-15.9m
MORGAN STANLEY Sold out -14,361,676-14.4m

Biggest calls

CAPITAL FUND MANAGEMENT S.A. Reduced $3.1m109.8k shares

Biggest puts

CAPITAL FUND MANAGEMENT S.A. Reduced $5.3m184.6k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 6.9% new 85.1m≈ $2.4bn 2026-04-29

Fell to 5% or below in the last year: ARISON MICKY MEIR (0.0%, 2026-05-07), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STATE STREET CORP 0.05% of their portfolio BOSTON, MA 58,217,26058.2m $1.7bn $1.7bn 0.05% Added +8.0m +7,978,735
2 ING GROEP NV 0.38% of their portfolio AMSTERDAM, P7 2,701,8112.7m $77.2m $77.2m 0.38% Added +1.9m +1,882,877
3 MENORA MIVTACHIM HOLDINGS LTD. 0.22% of their portfolio Ramat Gan, L3 2,000,0002.0m $57.1m $57.1m 0.22% Reduced -3.0m -3,030,800
4 CAPITAL FUND MANAGEMENT S.A. 0.15% of their portfolio PARIS, I0 757,017757.0k $21.6m $21.6m 0.15% Added +596.6k +596,608
5 Nykredit A/S 0.03% of their portfolio NORDHAVN, G7 343,333343.3k $9.8m $9.8m 0.03% First filing
6 DekaBank Deutsche Girozentrale 0.01% of their portfolio FRANKFURT, 2M 271,586271.6k $7.0m $7.0m 0.01% Unchanged
7 PensionDanmark Pensionsforsikringsaktieselskab 0.06% of their portfolio COPENHAGEN O, G7 264,636264.6k $7.6m $7.6m 0.06% Reduced -385 -385
8 Black Cypress Capital Management, LLC 4.87% of their portfolio PONTE VEDRA BEACH, FL 255,136255.1k $7.3m $7.3m 4.87% Added +2.9k +2,916
9 Delta Global Management LP 0.64% of their portfolio New York, NY 206,898206.9k $5.9m $5.9m 0.64% Added +155.0k +154,975
10 Ilmarinen Mutual Pension Insurance Co 0.03% of their portfolio HELSINKI, H9 170,000170.0k $4.9m $4.9m 0.03% New
11 PORTLAND INVESTMENT COUNSEL INC. 1.11% of their portfolio BURLINGTON, A6 139,602139.6k $4.0m $4.0m 1.11% Unchanged
12 Ally Financial Inc. 0.46% of their portfolio Detroit, MI 125,000125.0k $3.6m $3.6m 0.46% Unchanged
13 Mediolanum International Funds Ltd 0.03% of their portfolio DUBLIN 1, L2 113,181113.2k $3.3m $3.3m 0.03% Reduced -344.8k -344,781
14 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.01% of their portfolio DENVER, CO 108,077108.1k $3.1m $3.1m 0.01% Added +5.7k +5,704
15 Y-Intercept (Hong Kong) Ltd 0.06% of their portfolio HONG KONG, K3 103,892103.9k $3.0m $3.0m 0.06% Reduced -214.6k -214,633
16 Gulf International Bank (UK) Ltd 0.05% of their portfolio LONDON, X0 91,36591.4k $2.6m $2.6m 0.05% Added +5.8k +5,821
17 MIZUHO SECURITIES USA LLC 0.02% of their portfolio NEW YORK, NY 69,53169.5k $1.8m $1.8m 0.02% Unchanged
18 AG2R LA MONDIALE GESTION D'ACTIFS 0.06% of their portfolio PARIS, I0 60,84160.8k $1.7m $1.7m 0.06% Added +13.0k +13,010
19 Fulcrum Asset Management LLP 0.13% of their portfolio LONDON, X0 44,21644.2k $1.3m $1.3m 0.13% New
20 CX Institutional 0.02% of their portfolio AUBURN, IN 20,44620.4k $584.0k $584.0k 0.02% Added +4.1k +4,053
21 Oslo Pensjonsforsikring AS 0.06% of their portfolio Oslo, Q8 17,50617.5k $500.1k $500.1k 0.06% Added +2.1k +2,109
22 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 16,47716.5k $453.4k $453.4k 0.01% Added +4.5k +4,466
23 TOBAM 0.10% of their portfolio PARIS, I0 14,40914.4k $412.0k $412.0k 0.10% New
24 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 13,88513.9k $359.3k $359.3k 0.01% Reduced -9.3k -9,303
25 PVG ASSET MANAGEMENT CORP 0.18% of their portfolio GOLDEN, CO 11,07711.1k $316.5k $316.5k 0.18% Reduced -25 -25
26 L & S Advisors Inc 0.03% of their portfolio Los Angeles, CA 10,00010.0k $285.7k $285.7k 0.03% Unchanged
27 Parcion Private Wealth LLC 0.02% of their portfolio BELLEVUE, WA 9,9089.9k $283.1k $283.1k 0.02% New
28 USAdvisors Wealth Management, LLC 0.08% of their portfolio EDEN PRAIRIE, MN 9,7009.7k $277.0k $277.0k 0.08% Added +43 +43
29 JCIC Asset Management Inc. 0.03% of their portfolio Toronto, A6 3,6813.7k $95.3k $95.3k 0.03% Unchanged
30 1620 INVESTMENT ADVISORS, INC. 0.02% of their portfolio PLYMOUTH, MA 1,3991.4k $40.0k $40.0k 0.02% Unchanged
31 Guardian Partners Inc. 0.00% of their portfolio TORONTO, Z4 700700 $20.0k $20.0k 0.00% New
32 Joseph Group Capital Management 0.00% of their portfolio COLUMBUS, OH 422422 $12.1k $12.1k 0.00% New
33 Byrne Asset Management LLC 0.01% of their portfolio KINGSTON, NJ 370370 $10.6k $10.6k 0.01% Added +20 +20
34 Winthrop Capital Management, LLC 0.00% of their portfolio Carmel, IN 286286 $8.0k $8.0k 0.00% Reduced -72 -72
35 SRH ADVISORS, LLC 0.00% of their portfolio SALINA, KS 206206 $5.9k $5.9k 0.00% Unchanged
36 CBIZ Investment Advisory Services, LLC 0.00% of their portfolio INDEPENDENCE, OH 200200 $5.2k $5.2k 0.00% Unchanged
37 Winch Advisory Services, LLC 0.00% of their portfolio Appleton, WI 154154 $4.4k $4.4k 0.00% Added +1 +1
38 Asset Planning,Inc 0.00% of their portfolio LOS ALAMITOS, CA 145145 $4.1k $4.1k 0.00% Added +45 +45
39 OGOREK ANTHONY JOSEPH /NY/ /ADV 0.00% of their portfolio WILLIAMSVILLE, NY 112112 $3.0k $3.0k 0.00% Unchanged
40 BURKETT FINANCIAL SERVICES, LLC 0.00% of their portfolio ROCK HILL, SC 106106 $3.1k $3.1k 0.00% Unchanged
41 Gladwyn Financial Advisors, Inc. 0.00% of their portfolio CHANTILLY, VA 101101 $2.9k $2.9k 0.00% Unchanged
42 KERR FINANCIAL PLANNING Corp 0.00% of their portfolio FRESNO, CA 101101 $2.9k $2.9k 0.00% Unchanged
43 Strategic Wealth Advisors LLC 0.00% of their portfolio SCOTTSDALE, AZ 100100 $3.0k $3.0k 0.00% Unchanged
44 Capital Advisor Network LLC 0.00% of their portfolio LAFAYETTE, IN 100100 $2.9k $2.9k 0.00% Unchanged
45 Navigoe, LLC 0.00% of their portfolio REDONDO BEACH, CA 3838 $1.0k $1.0k 0.00% New
46 Sankala Group LLC 0.00% of their portfolio LYONS, CO 1010 $272 $272 0.00% Unchanged
47 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $28 $28 0.00% Reduced -17.8k -17,836
48 HORIZON FINANCIAL SERVICES, LLC 0.00% of their portfolio WINSTON SALEM, NC 00 $0 $0 0.00% Reduced -951 -951