Royal Caribbean Cruises Ltd. (RCL) Smart Money Holdings (13F, Q2 2026)

RCL ranks #330 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

RCL is a top-conviction position for Osiris Holdings Inc. — at 100.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in RCL belongs to Capital Research Global Investors, but the position matters far more to Osiris Holdings Inc., who has 100.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Generate Investment Management Ltd has added to its RCL position for two straight quarters, increasing it by $25.8M to reach $26.0M today.

ASR Vermogensbeheer N.V. has trimmed its RCL position for two straight quarters, cutting it by $2.1M while still holding $6.7M.

RCL is down 0.3% today, but institutions show net buying of $27.1B this quarter — a divergence between today's price move and the underlying institutional flow.

RCL posted net income of $4.4B over the trailing twelve months.

• Profitable — net income of $4.4B over the trailing twelve months
• Revenue grew 8.7% year over year
• Net income improved year over year, from $3.6B to $4.4B
• Generated $6.5B in positive operating cash flow
• Current ratio of 0.18x — below the conventional 1.5x liquidity buffer
• Liabilities run 3.13x equity — a highly leveraged balance sheet worth noting