CARNIVAL CORP LTD CCL
COMMON SHARES · Common Stock · CUSIP G2004J103
Global cruise company
- SectorIndustrials
- IndustryWater Transportation
- HeadquartersMiami, FL
- Founded1972
- Websitecarnivalcorp.com
- FilingsSEC EDGAR
* 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 ($108.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.59. Options: 45 managers hold calls ($953.5m notional), 44 hold puts ($1.5bn).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1 |
| Q4 2022 | 1 |
| Q1 2023 | 1 |
| Q2 2023 | 1 |
| Q3 2023 | 1 |
| Q4 2023 | 1 |
| Q1 2024 | 2 |
| Q2 2024 | 2 |
| Q3 2024 | 1 |
| Q4 2024 | 2 |
| Q1 2025 | 2 |
| Q2 2025 | 3 |
| Q3 2025 | 3 |
| Q4 2025 | 5 |
| Q1 2026 | 29 |
| Q2 2026 | 988 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 0 | 1 |
| Q4 2024 | 1 | 0 |
| Q1 2025 | 0 | 0 |
| Q2 2025 | 0 | 0 |
| Q3 2025 | 2 | 0 |
| Q4 2025 | 2 | 1 |
| Q1 2026 | 26 | 3 |
| Q2 2026 | 961 | 10 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $0 | $0 | — |
| Q1 2026 | $3.9m | $14.1m | 3.57 |
| Q2 2026 | $953.5m | $1.5bn | 1.53 |
Biggest buyers
| BlackRock, Inc. | New | +96.3m |
| VANGUARD CAPITAL MANAGEMENT LLC | New | +82.7m |
| VANGUARD PORTFOLIO MANAGEMENT LLC | New | +62.4m |
| CAUSEWAY CAPITAL MANAGEMENT LLC | New | +41.2m |
| GEODE CAPITAL MANAGEMENT, LLC | New | +36.4m |
| FMR LLC | New | +35.8m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | New | +27.5m |
| JPMORGAN CHASE & CO | New | +24.5m |
| DIMENSIONAL FUND ADVISORS LP | New | +17.3m |
| MORGAN STANLEY | New | +14.4m |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -495.7k |
| Q Global Advisors, LLC | Reduced | -25.0k |
| CERTUITY, LLC | Reduced | -3.0k |
| Pinnacle Holdings, LLC | Sold out | -2.4k |
| TWIN PEAKS WEALTH ADVISORS, LLC | Sold out | -1.0k |
| GREAT LAKES ADVISORS, LLC | Reduced | -969 |
| ATLAS CAPITAL ADVISORS INC. | Reduced | -328 |
| Baldwin Investment Management, LLC | Reduced | -300 |
| Strategic Wealth Partners, Ltd. | Reduced | -204 |
| WFA of San Diego, LLC | Sold out | -100 |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $252.9m8.9m shares |
| JANE STREET GROUP, LLC | New | $186.0m6.5m shares |
| CITADEL ADVISORS LLC | New | $102.0m3.6m shares |
| IMC-Chicago, LLC | New | $67.7m2.4m shares |
| SIMPLEX TRADING, LLC | New | $37.6m1.3m shares |
| Walleye Trading LLC | New | $36.3m1.3m shares |
| ROYAL BANK OF CANADA | New | $33.6m1.2m shares |
| NOMURA HOLDINGS INC | New | $30.4m1.1m shares |
| Capital Markets Trading UK LLP | New | $23.9m836.4k shares |
| GROUP ONE TRADING LLC | New | $21.7m760.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $299.1m10.5m shares |
| ROYAL BANK OF CANADA | New | $231.1m8.1m shares |
| JANE STREET GROUP, LLC | New | $148.3m5.2m shares |
| CITADEL ADVISORS LLC | New | $144.3m5.1m shares |
| Pentwater Capital Management LP | New | $84.3m3.0m shares |
| IMC-Chicago, LLC | New | $72.5m2.5m shares |
| SIMPLEX TRADING, LLC | New | $59.9m2.1m shares |
| NOMURA HOLDINGS INC | New | $52.9m1.9m shares |
| Walleye Trading LLC | New | $44.2m1.5m shares |
| Parallax Volatility Advisers, L.P. | New | $42.9m1.5m 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution new · filed 2026-07-27 | 6.8% |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $380.1k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $2.4m | — |
| Q3 2025 | 0 | — | 1 | $371.9k | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 2 | $12.0m | — |
| Q2 2026 | 0 | — | 3 | $1.5m | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-05-28 | deynes bettina alejandra Chief Human Resources Officer | Sold | $1.2m43.1k shares |
| 2026-05-11 | SUBOTNICK STUART Director | Sold | $50 shares |
| 2026-04-01 | BAND SIR JONATHON Director | Sold | $314.0k12.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.04% of their portfolio | 96.3m $2.8bn | New |
| VANGUARD CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 82.7m $2.4bn | New |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.08% of their portfolio | 62.4m $1.8bn | New |
| CAUSEWAY CAPITAL MANAGEMENT LLC 12.74% of their portfolio | 41.2m $1.2bn | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 36.4m $1.0bn | New |
| FMR LLC 0.04% of their portfolio | 35.8m $1.0bn | New |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 2.38% of their portfolio | 27.5m $785.8m | New |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 24.5m $715.4m | New |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 17.3m $494.4m | New |
| NORGES BANK 0.04% of their portfolio | 15.6m $445.2m | Not comparable |
| MORGAN STANLEY 0.02% of their portfolio | 14.4m $411.3m | New |
| VIKING GLOBAL INVESTORS LP 1.16% of their portfolio | 14.3m $408.5m | New |
| Invesco Ltd. 0.03% of their portfolio | 14.0m $400.6m | New |
| NORTHERN TRUST CORP 0.04% of their portfolio | 11.8m $337.5m | New |
| UBS Group AG 0.05% of their portfolio | 11.7m $334.8m | New |
| AQR CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 11.5m $329.9m | New |
| Nuveen, LLC 0.08% of their portfolio | 11.2m $320.2m | New |
| 59 North Capital Management, LP 6.58% of their portfolio | 10.4m $295.7m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 10.3m $294.8m | New |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 9.7m $277.9m | New |
| Assenagon Asset Management S.A. 0.17% of their portfolio | 9.4m $267.8m | New |
| Point72 Asset Management, L.P. 0.40% of their portfolio | 9.3m $264.4m | New |
| JANE STREET GROUP, LLC 0.17% of their portfolio | 9.2m $262.8m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio | 9.0m $255.8m | New |
| BESSEMER GROUP INC 0.33% of their portfolio | 8.5m $243.0m | New |
| VANGUARD FIDUCIARY TRUST CO 0.05% of their portfolio | 7.2m $205.5m | New |
| Amundi 0.05% of their portfolio | 6.8m $193.4m | New |
| Pacer Advisors, Inc. 0.49% of their portfolio | 6.5m $186.8m | New |
| D. E. Shaw & Co., Inc. 0.11% of their portfolio | 6.1m $174.7m | New |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 5.9m $169.9m | New |
| Bank of New York Mellon Corp 0.03% of their portfolio | 5.8m $166.0m | New |
| SG Americas Securities, LLC 0.09% of their portfolio | 5.7m $163.4m | New |
| Pentwater Capital Management LP 1.30% of their portfolio | 5.7m $163.0m | New |
| Qube Research & Technologies Ltd 0.18% of their portfolio | 5.6m $160.9m | New |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 5.5m $156.8m | New |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 5.5m $155.7m | New |
| EARNEST PARTNERS LLC 0.56% of their portfolio | 5.4m $155.1m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio | 5.4m $153.8m | New |
| PRIMECAP MANAGEMENT CO/CA/ 0.09% of their portfolio | 5.4m $153.2m | New |
| CITIGROUP INC 0.07% of their portfolio | 5.2m $149.5m | New |
| SEI INVESTMENTS CO 0.13% of their portfolio | 5.1m $146.5m | New |
| MARSHALL WACE, LLP 0.11% of their portfolio | 4.5m $129.2m | Added +1.3m |
| Hound Partners, LLC 14.74% of their portfolio | 4.5m $127.2m | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.15% of their portfolio | 4.3m $122.9m | New |
| Balyasny Asset Management L.P. 0.22% of their portfolio | 4.2m $120.0m | New |
| Walleye Capital LLC 0.51% of their portfolio | 3.8m $107.5m | New |
| Capital World Investors 0.01% of their portfolio | 3.7m $106.8m | New |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 3.6m $103.5m | New |
| Swiss National Bank 0.05% of their portfolio | 3.6m $103.0m | New |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 3.4m $98.4m | New |
| Alyeska Investment Group, L.P. 0.25% of their portfolio | 3.4m $95.9m | New |
| National Pension Service 0.06% of their portfolio | 3.2m $92.2m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 3.2m $90.3m | New |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.05% of their portfolio | 3.1m $89.4m | New |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 3.1m $87.8m | New |
| BARCLAYS PLC 0.03% of their portfolio | 3.0m $85.3m | New |
| VANGUARD ASSET MANAGEMENT, Ltd 0.06% of their portfolio | 2.8m $81.4m | New |
| Vanguard Global Advisers, LLC 0.04% of their portfolio | 2.8m $79.8m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 2.7m $76.9m | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.28% of their portfolio | 2.6m $75.2m | New |
| Caisse de depot et placement du Quebec 0.10% of their portfolio | 2.5m $71.9m | New |
| California Public Employees Retirement System 0.04% of their portfolio | 2.4m $68.1m | New |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.58% of their portfolio | 2.3m $65.0m | New |
| Employees Retirement System of Texas 0.51% of their portfolio | 2.3m $64.6m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 2.3m $64.4m | New |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 2.2m $64.2m | New |
| Quantinno Capital Management LP 0.08% of their portfolio | 2.2m $63.5m | New |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 2.2m $63.0m | New |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 2.1m $61.3m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.26% of their portfolio | 2.1m $61.1m | New |
| Trexquant Investment LP 0.33% of their portfolio | 1.9m $53.2m | New |
| Hook Mill Capital Partners, LP 4.89% of their portfolio | 1.8m $52.6m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.8m $52.4m | Reduced -495.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.04% of their portfolio | 1.8m $51.8m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.07% of their portfolio | 1.7m $47.7m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 1.5m $42.4m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 1.5m $41.8m | New |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.68% of their portfolio | 1.5m $41.5m | New |
| Perpetual Ltd 0.58% of their portfolio | 1.4m $40.4m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.4m $40.1m | New |
| CLOUGH CAPITAL PARTNERS L P 3.16% of their portfolio | 1.4m $38.8m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.3m $37.3m | New |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.3m $37.2m | New |
| Woodline Partners LP 0.11% of their portfolio | 1.3m $36.2m | New |
| Korea Investment CORP 0.07% of their portfolio | 1.2m $34.5m | New |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.05% of their portfolio | 1.1m $32.8m | New |
| RENAISSANCE GROUP LLC 1.29% of their portfolio | 1.1m $31.8m | New |
| Schonfeld Strategic Advisors LLC 0.17% of their portfolio | 1.1m $31.5m | New |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 1.1m $30.9m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 1.1m $30.4m | New |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.10% of their portfolio | 1.1m $30.3m | New |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.0m $29.3m | New |
| Empowered Funds, LLC 0.15% of their portfolio | 1.0m $29.2m | New |
| Border to Coast Pensions Partnership Ltd 0.41% of their portfolio | 972.3k $27.8m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 950.9k $27.2m | New |
| MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio | 949.4k $27.1m | New |
| PFA Pension, Forsikringsaktieselskab 0.07% of their portfolio | 916.5k $26.2m | New |
| Achmea Investment Management B.V. 0.65% of their portfolio | 912.7k $26.1m | New |
| AVIVA PLC 0.04% of their portfolio | 892.7k $25.5m | New |
| Man Group plc 0.05% of their portfolio | 884.2k $25.3m | New |