ROYAL CARIBBEAN GROUP RCL 6 08.15.25
NOTE 6.000% 8/1 · US DOMESTIC · CUSIP 780153BQ4
69
institutional holders
+5 vs Q1 2024
30.1m
shares reported held*
$4.0bnreported value*
12 new
18 added
22 reduced
6 sold out
net bought ≈ $34.8m (-33.3m 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 ($9.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $132.77.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2023 | 59 |
| Q4 2023 | 61 |
| Q1 2024 | 64 |
| Q2 2024 | 69 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 29 | 31 |
| Q1 2024 | 24 | 28 |
| Q2 2024 | 30 | 28 |
Biggest buyers
| Polar Asset Management Partners Inc. | New | +70.0m |
| AQR Arbitrage LLC | Added | +69.3m |
| SONA ASSET MANAGEMENT (US) LLC | Added | +19.6m |
| Calamos Advisors LLC | Added | +10.0m |
| Daiwa Securities Group Inc. | New | +10.0m |
| D. E. Shaw & Co., Inc. | Added | +4.5m |
| BARCLAYS PLC | New | +2.4m |
| CITIGROUP INC | Added | +2.2m |
| TENOR CAPITAL MANAGEMENT Co., L.P. | Added | +2.0m |
| Flow State Investments, L.P. | Added | +1.9m |
Biggest sellers
| Linden Advisors LP | Reduced | -66.6m |
| Sculptor Capital LP | Sold out | -31.5m |
| Opti Capital Management, LP | Sold out | -30.0m |
| Mint Tower Capital Management B.V. | Reduced | -13.1m |
| DLD Asset Management, LP | Reduced | -11.2m |
| Skaana Management L.P. | Sold out | -9.5m |
| JPMORGAN CHASE & CO | Sold out | -5.9m |
| WHITEBOX ADVISORS LLC | Reduced | -3.8m |
| LORD, ABBETT & CO. LLC | Reduced | -3.6m |
| Hudson Bay Capital Management LP | Reduced | -3.0m |
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| D. E. Shaw & Co., Inc. 0.77% of their portfolio | 170.3m $550.5m | Added +4.5m |
| Hudson Bay Capital Management LP 2.63% of their portfolio | 108.5m $350.3m | Reduced -3.0m |
| AQR Arbitrage LLC 7.95% of their portfolio | 95.0m $306.7m | Added +69.3m |
| WHITEBOX ADVISORS LLC 9.26% of their portfolio | 71.3m $230.0m | Reduced -3.8m |
| Polar Asset Management Partners Inc. 5.78% of their portfolio | 70.0m $226.2m | New |
| TWO SIGMA INVESTMENTS, LP 0.53% of their portfolio | 69.7m $224.8m | Unchanged |
| III Capital Management 10.92% of their portfolio | 61.1m $197.5m | Added +1.3m |
| Calamos Advisors LLC 0.81% of their portfolio | 51.8m $167.4m | Added +10.0m |
| CSS LLC/IL 11.93% of their portfolio | 50.1m $162.0m | Unchanged |
| SONA ASSET MANAGEMENT (US) LLC 13.04% of their portfolio | 49.6m $160.1m | Added +19.6m |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 30.4m $98.2m | Unchanged |
| LORD, ABBETT & CO. LLC 0.16% of their portfolio | 29.3m $94.7m | Reduced -3.6m |
| TENOR CAPITAL MANAGEMENT Co., L.P. 1.28% of their portfolio | 25.0m $81.3m | Added +2.0m |
| STATE STREET CORP 0.00% of their portfolio | 23.9m $77.6m | Reduced -800.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 21.2m $68.3m | Reduced -1.5m |
| Linden Advisors LP 0.52% of their portfolio | 19.3m $62.4m | Reduced -66.6m |
| FMR LLC 0.00% of their portfolio | 16.9m $54.6m | Reduced -900.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 13.7m $44.3m | Reduced -269.0k |
| Alberta Investment Management Corp 0.43% of their portfolio | 12.5m $40.7m | Unchanged |
| Flow State Investments, L.P. 11.12% of their portfolio | 10.9m $35.2m | Added +1.9m |
| Daiwa Securities Group Inc. 0.17% of their portfolio | 10.0m $32.3m | New |
| BlackRock Inc. 0.00% of their portfolio | 9.5m $30.6m | Added +250.0k |
| LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio | 9.4m $30.2m | Unchanged |
| MacKay Shields LLC 0.77% of their portfolio | 7.8m $25.3m | Reduced -30.0k |
| SSI INVESTMENT MANAGEMENT LLC 1.88% of their portfolio | 7.6m $24.5m | Added +1.9m |
| Mint Tower Capital Management B.V. 8.94% of their portfolio | 7.0m $22.6m | Reduced -13.1m |
| CITIGROUP INC 0.02% of their portfolio | 6.4m $20.6m | Added +2.2m |
| ADVENT CAPITAL MANAGEMENT /DE/ 0.50% of their portfolio | 6.4m $20.8m | Reduced -642.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 5.7m $18.3m | Reduced -445.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 3.0m $9.7m | Reduced -540.0k |
| Paloma Partners Management Co 0.83% of their portfolio | 3.0m $9.7m | Added +873.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 2.6m $8.4m | Added +615.0k |
| BARCLAYS PLC 0.00% of their portfolio | 2.4m $7.7m | New |
| DLD Asset Management, LP 1.70% of their portfolio | 2.2m $7.3m | Reduced -11.2m |
| Invesco Ltd. 0.00% of their portfolio | 1.8m $5.9m | Reduced -1.8m |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 1.0m $3.2m | New |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.06% of their portfolio | 1.0m $3.2m | Unchanged |
| WESTWOOD HOLDINGS GROUP INC 1.51% of their portfolio | 1.0m $322.6m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.08% of their portfolio | 854.0k $2.8m | Reduced -2.4m |
| AGF MANAGEMENT LTD 0.01% of their portfolio | 800.0k $2.6m | Added +450.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 683.0k $2.2m | Added +30.0k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.03% of their portfolio | 580.0k $1.9m | Reduced -20.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 500.0k $1.6m | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 450.0k $1.5m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 310.0k $1.0m | Reduced -3.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 300.0k $969.6k | New |
| Central Pacific Bank - Trust Division 0.11% of their portfolio | 294.0k $948.3k | Reduced -21.0k |
| MORGAN STANLEY 0.00% of their portfolio | 270.0k $870.9k | Reduced -480.0k |
| Warberg Asset Management LLC 0.16% of their portfolio | 182.0k $588.2k | Added +143.0k |
| Liberty Mutual Group Asset Management Inc. 0.08% of their portfolio | 175.0k $564.5k | Unchanged |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 164.2k $26.2m | Added +11.1k |
| Capital World Investors 0.00% of their portfolio | 152.0k $490.9k | Unchanged |
| Jefferies Financial Group Inc. 0.01% of their portfolio | 145.0k $464.7k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 101.0k $328.6k | New |
| Calamos Wealth Management LLC 0.02% of their portfolio | 90.0k $290.8k | Added +2.0k |
| FIRST HAWAIIAN BANK 0.01% of their portfolio | 85.0k $274.2k | Reduced -36.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 65.0k $209.7k | Unchanged |
| Virtus Investment Advisers, LLC 0.08% of their portfolio | 30.0k $96.8k | Unchanged |
| Squarepoint Ops LLC 0.26% of their portfolio | 21.5k $69.5m | Added +5.0k |
| Stonegate Investment Group, LLC 0.00% of their portfolio | 15.0k $48.4k | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 13.0k $41.9k | New |
| Boussard & Gavaudan Investment Management LLP 5.92% of their portfolio | 11.2k $36.9m | New |
| SG Americas Securities, LLC 0.02% of their portfolio | 8.0k $2.6m | Unchanged |
| Triton Wealth Management, PLLC 0.61% of their portfolio | 6.1k $1.0m | Reduced -71 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 4.9k $15.8k | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 3.0k $9.6k | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 1.0k $3.2k | New |
| Alken Asset Management Ltd 0.03% of their portfolio | 600 $1.9k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |