Capital Research Global Investors Holds 13.3% Stake in NCLH

TL;DR

**Capital Research Global Investors still owns a big chunk of NCLH, but slightly less than before.**

AI Summary

Capital Research Global Investors, a major investment firm, filed an amended SC 13G/A on February 12, 2024, disclosing their ownership in Norwegian Cruise Line Holdings Ltd. As of December 29, 2023, they beneficially owned 57,049,928 shares of common stock, representing 13.3% of the company. This filing indicates a significant, but slightly reduced, passive stake by a large institutional investor, which can influence stock stability and investor confidence.

Why It Matters

This filing shows a prominent institutional investor's continued, albeit slightly decreased, confidence in Norwegian Cruise Line Holdings, which can reassure other investors and potentially stabilize the stock price.

Risk Assessment

Risk Level: low — This filing indicates a passive institutional ownership, which generally adds stability rather than immediate risk.

Analyst Insight

A smart investor would note this continued institutional ownership as a sign of long-term confidence, but also recognize the slight reduction in stake, prompting a deeper look into NCLH's recent performance and future outlook.

Key Numbers

• 57,049,928 — Aggregate Shares Beneficially Owned (This is the total number of Norwegian Cruise Line Holdings Ltd. shares Capital Research Global Investors owned as of December 29, 2023.)
• 13.3% — Percentage of Class (This represents the significant portion of Norwegian Cruise Line Holdings Ltd. common stock owned by Capital Research Global Investors.)
• 57,042,722 — Sole Voting Power (This indicates the number of shares for which Capital Research Global Investors has the sole right to vote.)
• December 29, 2023 — Date of Event (This is the specific date that triggered the requirement for this filing, indicating the snapshot of ownership.)

Key Players & Entities

• Capital Research Global Investors (company) — the reporting person and institutional investor
• Norwegian Cruise Line Holdings Ltd. (company) — the subject company whose shares are being reported
• Delaware (company) — place of organization for Capital Research Global Investors
• 95-1411037 (person) — IRS Identification No. of Capital Research Global Investors

Forward-Looking Statements

• Capital Research Global Investors will maintain a significant, passive stake in Norwegian Cruise Line Holdings Ltd. (Capital Research Global Investors) — high confidence, target: Next 12 months
• The stock price of Norwegian Cruise Line Holdings Ltd. will experience minor volatility due to this filing. (Norwegian Cruise Line Holdings Ltd.) — low confidence, target: Next 1 week

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 16KB
• 0001422848-24-000010.txt ( ) — 18KB

From the Filing

SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 ) * Norwegian Cruise Line Holdings Ltd. (Name of Issuer) Common Stock (Title of Class of Securities) G66721104 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. G66721104 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital Research Global Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 57,042,722 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 57,049,928 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 57,049,928 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.4% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Norwegian Cruise Line Holdings Ltd. (b) Address of Issuer's Principal Executive Offices 7665 Corporate Center Drive, Miami, FL 33126 Item 2. (a) Name of Person Filing Capital Research Global Investors (b) Address of Principal Business Office or, if None, Residence 333 South Hope Street, 55th Fl, Los Angeles, CA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number G66721104 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 57,049,928 ** (b) Percent of Class: 13.4% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 57,042,722 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 57,049,928 (iv) shared power to dispose or to direct the disposition of 0 **Capital Research Global Investors ("CRGI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CRGI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital Research Global Investors." CRGI is deemed to be the beneficial owner of 57,049,928 shares or 13.4% of the 425,424,934 shares believed to be outstanding. Item 5. Ownership of Five Percent or Less of Class. If this statement is being filed to r