Jun. 10 at 6:26 PM
$NCLH
Based on Baupost Group's Q1 13F filing, Seth Klarman’s approximate average cost per share for Norwegian Cruise Line Holdings (NCLH) was
$18.70.Because institutional managers only file their portfolio values at the end of each quarter, exact intra-quarter purchase prices are private. However, we can calculate this estimate using the official data reported to the SEC:Total Shares Purchased: 3,630,000Ending Portfolio Value:
$67,881,000Estimated Cost per Share:
$18.70 (
$67,881,000 divided by 3,630,000 shares)During the first quarter when Klarman built this position, NCLH traded roughly within a range of
$16.00 to
$21.50, making his calculated average cost consistent with the market prices at the time.
