CCL β€” CARNIVAL CORP

Ownership history in Twin Tree Management, LP  Β·  80 quarters on record

This page tracks every 13F SEC filing in which Twin Tree Management, LP reported a position in CARNIVAL CORP (CCL). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.5% (2014 Q4)
πŸ“Š Avg. % of fund
0.06%
πŸ“… First filed
2013 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
80

Position Intelligence

Twin Tree Management, LP Γ— CCL AI Analytics

πŸ“‰ Twin Tree Management, LP underperformed the S&P 500 by –0.8% annually on this CCL position. Timing score: 59% (47/79 decisions correct). Average cost basis: $21.96. Maximum drawdown during holding period: –85.6%.

πŸ“ˆ Position Alpha vs SPY
-0.8%
annualised excess return

➑️ Roughly in line with S&P 500 (±1% alpha range).
79 quarters analyzed

⏱️ Timing Score
59%

βœ… Decent timing β€” more right than wrong on entries and exits.
47 of 79 add/trim decisions correct

πŸ’° Entry Quality
$21.96
+38.4% vs current ($30.40)

Best entry: $10.10 (2023 Q1)  Β·  Worst: $59.75 (2018 Q3)

πŸ›‘οΈ Drawdown Resilience
–85.6%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
51%
buy-side decisions

41 adds Β· 39 trims. Bought during 7 of 16 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.03% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    CCL price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 99,400 -48,200 -32.7% 0.03% $3.0M $30.40
2025 Q4 REDUCED 147,600 -227,200 -60.6% 0.04% $4.5M $30.40
2025 Q3 ADDED 374,800 +179,700 +92.1% 0.05% $10.8M $28.78
2025 Q3 REDUCED 195,100 -683,200 -77.8% 0.02% $5.6M $28.78
2025 Q3 ADDED 878,300 +743,000 +549.2% 0.11% $25.4M $28.78
2025 Q2 REDUCED 135,300 -758,985 -84.9% 0.01% $3.8M $27.99
2025 Q2 REDUCED 894,285 -737,615 -45.2% 0.05% $25.1M $27.99
2025 Q2 REDUCED 1,631,900 -990,800 -37.8% 0.09% $45.9M $27.99
2025 Q1 ADDED 2,622,700 +2,538,000 +2996.5% 0.10% $51.2M $19.44
2025 Q1 REDUCED 84,700 -1,005,996 -92.2% 0.00% $1.7M $19.44
70 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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