40% buyers of institutions opening or closing positions this quarter
68 more exits than new buyers, ownership fell 13.78 percentage points vs the prior quarter, and 2 well-known fund managers in the top 25.
40% buyers of institutions opening or closing positions this quarter
67.3% institutional ownership
CAUSEWAY CAPITAL MANAGEMENT portfolio allocation
Institutional ownership vs Leisure peers
No Form 4 insider transactions on file
Latest positioning in CCL across 13F flow, ownership shift, marquee holders, and holder-count growth.
Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in CCL held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 90.0M | $2.33B | +7.5% | 7.276% | 0.04% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 73.5M | $1.90B | — | 5.941% | 0.05% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 54.8M | $1.42B | — | 4.429% | 0.08% |
| 4 | STATE STREET CORP | 50.2M | $1.30B | +4.5% | 4.062% | 0.04% |
| 5 | CAUSEWAY CAPITAL MANAGEMENT LLC | 37.1M | $960.1M | +9.3% | 3.000% | 11.79% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 32.6M | $847.8M | +10.6% | 2.634% | 0.05% |
| 7 | BARROW HANLEY MEWHINNEY & STRAUSS LLC | 29.6M | $766.9M | +1.7% | 2.396% | 2.51% |
| 8 | FMR LLC | 22.5M | $583.1M | +14.8% | 1.822% | 0.03% |
| 9 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 21.4M | $555.1M | +4.0% | 1.734% | 0.06% |
| 10 | DIMENSIONAL FUND ADVISORS LP | 15.9M | $411.4M | +5.5% | 1.286% | 0.09% |
| 11 | MORGAN STANLEY | 14.4M | $371.7M | -7.0% | 1.161% | 0.02% |
| 12 | Invesco Ltd. | 14.2M | $367.6M | +2.0% | 1.149% | 0.06% |
| 13 | VIKING GLOBAL INVESTORS LP | 13.7M | $355.1M | -2.4% | 1.110% | 0.99% |
| 14 | ROYAL BANK OF CANADA | 13.0M | $335.3M | +21.5% | 1.048% | 0.06% |
| 15 | NORTHERN TRUST CORP | 12.8M | $332.0M | +1.5% | 1.037% | 0.04% |
| 16 | Pentwater Capital Management LP | 9.7M | $251.9M | +38.6% | 0.787% | 1.31% |
| 17 | BNP PARIBAS ARBITRAGE, SA | 8.7M | $248.3M | -13.1% | 0.702% | 0.12% |
| 18 | GOLDMAN SACHS GROUP INC | 9.4M | $242.5M | +0.4% | 0.758% | 0.03% |
| 19 | 59 North Capital Management, LP | 9.3M | $240.8M | +22.7% | 0.752% | 7.18% |
| 20 | AQR CAPITAL MANAGEMENT LLC | 9.4M | $234.1M | +161.3% | 0.758% | 0.11% |
| 21 | Nuveen, LLC | 8.8M | $227.6M | -67.1% | 0.711% | 0.06% |
| 22 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 8.6M | $222.4M | +8.1% | 0.695% | 0.03% |
| 23 | WELLINGTON MANAGEMENT GROUP LLP | 7.3M | $188.2M | -29.0% | 0.588% | 0.04% |
| 24 | Point72 Asset Management, L.P. | 7.0M | $182.3M | +26.7% | 0.570% | 0.23% |
| 25 | BANK OF AMERICA CORP /DE/ | 6.8M | $174.7M | -7.0% | 0.546% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in CCL — a direct measure of their conviction.
Filings activity in CCL during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 997 | 6.4% | 67.25% | 13.78 pp | $22.21B | 17% |
| Q4 2025 | 1,065 | +6.3% | 81.03% | +6.36 pp | $26.77B | +8.5% |
| Q3 2025 | 1,002 | +1.6% | 74.67% | 125.32 pp | $24.67B | 70% |
| Q2 2025 | 986 | +9.4% | 199.99% | +153.58 pp | $83.52B | +445% |
| Q1 2025 | 901 | 0.7% | 46.41% | 8.00 pp | $15.33B | 15% |
| Q4 2024 | 907 | +11% | 54.41% | +16.64 pp | $17.97B | +44% |
| Q3 2024 | 819 | 1.9% | 37.77% | 42.75 pp | $12.48B | 53% |
| Q2 2024 | 835 | — | 80.52% | — | $26.60B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
No recent Form 4 insider transactions on file for CCL.
Quick answers to the most common questions about buying CCL stock.
Based on Q1 2026 13F filings, institutional ownership of Carnival Corporation & plc stands at 67.3%, held across 997 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of CCL, with approximately 89,979,406 shares worth $2.33B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of CCL, including VIKING GLOBAL INVESTORS LP, Point72 Asset Management, L.P..
Our composite Smart Money Score for CCL is 40 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
138 institutions opened new positions in CCL during Q1 2026, while 206 fully exited. 184 added to existing positions and 669 trimmed.
CCL institutional ownership fell by 13.78 percentage points quarter-over-quarter, with a net change of — holders.
The top 10 institutions account for 49.8% of all reported 13F value in CCL, and the top 25 account for 67.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.