Royal Caribbean Cruises Ltd.
US ˙ NYSE ˙ LR0008862868

SecurityRCL / Royal Caribbean Cruises Ltd.
InstitutionCIBC Private Wealth Group, LLC
Latest Disclosed Ownership268,770 shares
Latest Disclosed Value $ 74,965,413
CIBC Private Wealth Group, LLC reports 4.00% increase in ownership of RCL / Royal Caribbean Cruises Ltd.

On February 12, 2026 - CIBC Private Wealth Group, LLC filed a 13F-HR form disclosing ownership of 268,770 shares of Royal Caribbean Cruises Ltd. (US:RCL) valued at $74,965,328 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 24, 2025 disclosing 258,441 shares of Royal Caribbean Cruises Ltd.. This represents a change in shares of 4.00% during the quarter. The current value of the position is $75,255,600 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.

Upgrade to unlock premium data and export to Excel .

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)
2026-02-12 2025-12-31 13F ROYAL CARIBBEAN GROUP COM V7780T103 268,770 10,329 4.00 74,965 -10.36 0.1267
2025-11-24 2025-09-30 13F ROYAL CARIBBEAN GROUP COM V7780T103 258,441 30,232 13.25 83,626 17.02 0.1432
2025-08-12 2025-06-30 13F ROYAL CARIBBEAN GROUP COM V7780T103 228,209 218,980 2,372.74 71,461 4,199.70 0.1276
2025-05-14 2025-03-31 13F ROYAL CARIBBEAN GROUP COM V7780T103 9,229 381 4.31 1,663 -17.31 0.0035
2025-02-12 2024-12-31 13F ROYAL CARIBBEAN COM V7780T103 8,848 692 8.48 2,010 39.00 0.0036
2024-11-13 2024-09-30 13F ROYAL CARIBBEAN COM V7780T103 8,156 641 8.53 1,447 19.70 0.0026
2024-08-09 2024-06-30 13F ROYAL CARIBBEAN COM V7780T103 7,515 -551 -6.83 1,209 6.62 0.0023
2024-05-10 2024-03-31 13F ROYAL CARIBBEAN COM V7780T103 8,066 -566 -6.56 1,134 1.43 0.0022
2024-02-13 2023-12-31 13F ROYAL CARIBBEAN GROUP COM COM V7780T103 8,632 173 2.05 1,118 43.39 0.0024
2023-11-13 2023-09-30 13F ROYAL CARIBBEAN GROUP COM COM V7780T103 8,459 -3,622 -29.98 779 -37.83 0.0018
2023-11-21 2023-06-30 13F/A-1 ROYAL CARIBBEAN GROUP COM COM V7780T103 12,081 -282 -2.28 1,253 155.71 0.0027
2023-08-10 2023-06-30 13F ROYAL CARIBBEAN GROUP COM COM V7780T103 12,081 -282 1,253 0.0027
2023-11-21 2023-03-31 13F/A-1 ROYAL CARIBBEAN CRUISES LTD COM COM V7780T103 12,363 12,363 490 0.0011
2023-05-12 2023-03-31 13F ROYAL CARIBBEAN CRUISES LTD COM COM V7780T103 12,363 12,363 490 0.0011
2023-06-01 2022-12-31 13F/A-2 ROYAL CARIBBEAN GROUP COM COM V7780T103 0 -10,314 -100.00 0 -100.00
2023-02-14 2022-12-31 13F/A-1 ROYAL CARIBBEAN GROUP COM COM V7780T103 0 -10,314 0
2023-02-13 2022-12-31 13F ROYAL CARIBBEAN GROUP COM COM V7780T103 0 -10,314 0
2022-11-15 2022-09-30 13F ROYAL CARIBBEAN GROUP COM COM V7780T103 10,314 10,314 390 0.0011
2021-08-16 2021-06-30 13F ROYAL CARIBBEAN GROUP COM V7780T103 0 -7,270 -100.00 0 -100.00
2021-05-12 2021-03-31 13F ROYAL CARIBBEAN GROUP COM V7780T103 7,270 7,270 622 0.0016
2019-02-05 2018-12-31 13F ROYAL CARIBBEAN CRUISES COM V7780T103 0 -10,591 -100.00 0 -100.00
2018-11-14 2018-09-30 13F ROYAL CARIBBEAN CRUISES COM V7780T103 10,591 461 4.55 1,376 31.17 0.0052
2018-08-02 2018-06-30 13F ROYAL CARIBBEAN CRUISES COM V7780T103 10,130 -1,630 -13.86 1,049 -24.31 0.0043
2018-05-17 2018-03-31 13F ROYAL CARIBBEAN CRUISES COM V7780T103 11,760 -79 -0.67 1,386 -1.84 0.0060
2018-02-12 2017-12-31 13F ROYAL CARIBBEAN CRUISES COM V7780T103 11,839 11,839 1,412 0.0060
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.