Royal Caribbean Cruises Ltd.
DE ˙ DB ˙ LR0008862868
247,60 € ↑0,90 (0,36%)
2026-06-04
DEL PRIS
SecurityDE:RC8 / Royal Caribbean Cruises Ltd.
InstitutionNorges Bank
Latest Disclosed Ownership1,637,573 shares
Latest Disclosed Value $ 456,751,861
Norges Bank ownership in RC8 / Royal Caribbean Cruises Ltd.

On February 10, 2026 - Norges Bank filed a 13F-HR form disclosing ownership of 1,637,573 shares of Royal Caribbean Cruises Ltd. (DE:RC8) valued at $391,298,068 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 0 shares of Royal Caribbean Cruises Ltd.. The current value of the position is $405,463,075 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-10 2025-12-31 13F ROYAL CARIBBEAN GROUP COM V7780T103 1,637,573 1,637,573 456,752 0.0489
2025-11-13 2025-09-30 13F ROYAL CARIBBEAN GROUP COM V7780T103 0 -3,263,374 -100.00 0 -100.00
2025-08-13 2025-06-30 13F ROYAL CARIBBEAN GROUP COM V7780T103 3,263,374 390,290 13.58 1,021,893 73.13 0.1276
2026-05-11 2025-03-31 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 2,873,084 -195,247 -6.36 590,246 -16.61 0.0828
2025-02-12 2024-12-31 13F ROYAL CARIBBEAN GROUP COM V7780T103 3,068,331 54,312 1.80 707,833 32.41 0.0929
2025-11-12 2024-09-30 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 3,014,019 16,214 0.54 534,566 11.85 0.0747
2024-08-14 2024-06-30 13F ROYAL CARIBBEAN GROUP COM V7780T103 2,997,805 261,388 9.55 477,940 25.65 0.0714
2025-05-14 2024-03-31 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 2,736,417 240,081 9.62 380,389 17.68 0.0600
2024-02-09 2023-12-31 13F ROYAL CARIBBEAN GROUP COM V7780T103 2,496,336 249,519 11.11 323,251 56.14 0.0565
2024-11-13 2023-09-30 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 2,246,817 44,295 2.01 207,022 -9.40 0.0420
2024-08-14 2023-06-30 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 2,202,522 130,253 6.29 228,490 68.85 0.0451
2024-05-15 2023-03-31 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 2,072,269 42,609 2.10 135,319 34.88 0.0296
2023-02-14 2022-12-31 13F ROYAL CARIBBEAN GROUP COM V7780T103 2,029,660 -220,644 -9.81 100,326 17.63 0.0242
2023-11-13 2022-09-30 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 2,250,304 -179,933 -7.40 85,287 0.53 0.0227
2023-08-14 2022-06-30 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 2,430,237 534,367 28.19 84,840 -46.59 0.0219
2023-05-12 2022-03-31 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 1,895,870 67,824 3.71 158,836 12.99 0.0346
2022-03-09 2021-12-31 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 1,828,046 -382,470 -17.30 140,577 -28.51 0.0289
2022-11-14 2021-09-30 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 2,210,516 -103,001 -4.45 196,625 -0.34 0.0435
2022-08-15 2021-06-30 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 2,313,517 19,121 0.83 197,297 0.44 0.0428
2022-05-09 2021-03-31 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 2,294,396 233,899 11.35 196,423 27.63 0.0450
2021-03-02 2020-12-31 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 2,060,497 132,075 6.85 153,899 23.29 0.0359
2021-11-12 2020-09-30 13F/A-1 ROYAL CARIBBEAN GROUP COM V7780T103 1,928,422 81,865 4.43 124,827 34.39 0.0332
2021-08-13 2020-06-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,846,557 -19,554 -1.05 92,882 54.72 0.0267
2021-05-07 2020-03-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,866,111 42,372 2.32 60,033 -75.34 0.0214
2020-03-03 2019-12-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,823,739 -29,935 -1.61 243,487 21.25 0.0679
2020-11-13 2019-09-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,853,674 21,700 1.18 200,808 -9.57 0.0615
2020-08-13 2019-06-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,831,974 -24,159 -1.30 222,054 4.37 0.0686
2020-05-11 2019-03-31 13F/A-2 ROYAL CARIBBEAN CRUISES COM V7780T103 1,856,133 184,158 11.01 212,750 30.12 0.0687
2019-03-04 2018-12-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,671,975 155,088 10.22 163,502 -17.05 0.0608
2019-12-02 2018-09-30 13F/A-3 ROYAL CARIBBEAN CRUISES COM V7780T103 1,516,887 -209,270 -12.12 197,104 10.22 0.0640
2019-12-02 2018-09-30 13F/A-2 ROYAL CARIBBEAN CRUISES COM V7780T103 1,516,887 -209,270 197,104 0.0640
2019-11-12 2018-09-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,516,887 -209,270 197,104 0.0640
2019-08-12 2018-06-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,726,157 0 0.00 178,830 -12.01 0.0614
2019-05-15 2018-03-31 13F/A-2 ROYAL CARIBBEAN CRUISES COM V7780T103 1,726,157 247,377 16.73 203,238 15.22 0.0735
2018-03-05 2017-12-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,478,780 0 0.00 176,389 0.62 0.0632
2018-11-13 2017-09-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,478,780 40,919 2.85 175,295 11.61 0.0665
2018-07-24 2017-06-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,437,861 -63,844 -4.25 157,057 6.60 0.0623
2018-05-11 2017-03-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,501,705 -221,116 -12.83 147,333 4.24 0.0605
2017-03-02 2016-12-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,722,821 -1,012,599 -37.02 141,340 -25.51 0.0618
2017-11-13 2016-09-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 2,735,420 1,367,710 100.00 189,750 106.60 0.0897
2017-08-09 2016-06-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,367,710 19,597 1.45 91,842 -17.07 0.0436
2017-05-10 2016-03-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,348,113 -81,390 -5.69 110,747 -23.45 0.0545
2016-04-18 2015-12-31 13F/A-2 ROYAL CARIBBEAN CRUISES COM V7780T103 1,429,503 33,219 2.38 144,680 16.31 0.0719
2016-03-16 2015-12-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,429,503 0 144,680 0.0726
2016-11-14 2015-09-30 13F/A-2 ROYAL CARIBBEAN CRUISES COM V7780T103 1,396,284 -67,858 -4.63 124,395 7.97 0.0652
2016-08-12 2015-06-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,464,142 0 0.00 115,213 -3.86 0.0576
2016-05-13 2015-03-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,464,142 135,168 10.17 119,840 9.40 0.0587
2015-03-19 2014-12-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,328,974 15,085 109,547 0.0559
2016-04-18 2014-12-31 13F/A-2 ROYAL CARIBBEAN CRUISES COM V7780T103 1,328,974 15,085 1.15 109,547 23.91 0.0557
2015-11-12 2014-09-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,313,889 0 0.00 88,411 21.02 0.0479
2015-08-10 2014-06-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,313,889 0 0.00 73,052 1.91 0.0394
2015-05-12 2014-03-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,313,889 0 0.00 71,686 15.06 0.0405
2014-03-07 2013-12-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,313,889 -148,736 62,304 0.0381
2014-03-20 2013-12-31 13F/A-2 ROYAL CARIBBEAN CRUISES COM V7780T103 1,313,889 0 62,304 0.0367
2014-05-12 2013-12-31 13F/A-3 ROYAL CARIBBEAN CRUISES COM V7780T103 1,313,889 -148,736 -10.17 62,304 11.28 0.0359
2014-11-14 2013-09-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,462,625 0 0.00 55,989 14.82 0.0327
2014-08-14 2013-06-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,462,625 0 0.00 48,763 0.36 0.0303
2014-04-04 2013-03-31 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,462,625 -1,112,951 48,588 0.0322
2014-05-12 2013-03-31 13F/A-2 ROYAL CARIBBEAN CRUISES COM V7780T103 1,462,625 -1,112,951 -43.21 48,588 -33.27 0.0315
2013-11-14 2012-09-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 2,575,576 1,314,374 104.22 72,809 131.10 0.0491
2013-08-15 2012-06-30 13F/A-1 ROYAL CARIBBEAN CRUISES COM V7780T103 1,261,202 1,261,202 31,505 0.0253
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.