Murray Stahl's CCL Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 961,734 shares of Carnival Corporation & plc (CCL) worth $27.8 M, representing 0.34% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in CCL, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2022, adding 699,861 shares. Largest reduction occurred in Q2 2025, reducing 115,620 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Carnival Corporation & plc (CCL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Carnival Corporation & plc (CCL) Trades by Murray Stahl
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +26,200 | Add 0.00% | 26,199 | $34.28 |
| Q3 2013 | +7,127 | Add 27.20% | 33,326 | $32.65 |
| Q4 2013 | +9,850 | Add 29.56% | 43,176 | $40.16 |
| Q1 2014 | +6,038 | Add 13.98% | 49,214 | $37.86 |
| Q2 2014 | +5,312 | Add 10.79% | 54,526 | $37.65 |
| Q3 2014 | +306 | Add 0.56% | 54,832 | $40.18 |
| Q4 2014 | -1,496 | Reduce 2.73% | 53,336 | $45.34 |
| Q1 2015 | -1,778 | Reduce 3.33% | 51,558 | $47.85 |
| Q2 2015 | -129 | Reduce 0.25% | 51,429 | $49.39 |
| Q3 2015 | -6,930 | Reduce 13.47% | 44,499 | $49.71 |
| Q4 2015 | -4,096 | Reduce 9.20% | 40,403 | $54.48 |
| Q1 2016 | -214 | Reduce 0.53% | 40,189 | $52.75 |
| Q2 2016 | -1,394 | Reduce 3.47% | 38,795 | $44.18 |
| Q3 2016 | +273 | Add 0.70% | 39,068 | $48.81 |
| Q4 2016 | -2,175 | Reduce 5.57% | 36,893 | $52.07 |
| Q1 2017 | -1,806 | Reduce 4.90% | 35,087 | $58.91 |
| Q2 2017 | -546 | Reduce 1.56% | 34,541 | $65.57 |
| Q3 2017 | -1,184 | Reduce 3.43% | 33,357 | $64.57 |
| Q4 2017 | -481 | Reduce 1.44% | 32,876 | $66.37 |
| Q1 2018 | -1,128 | Reduce 3.43% | 31,748 | $65.61 |
| Q2 2018 | +351 | Add 1.11% | 32,099 | $57.29 |
| Q3 2018 | +424 | Add 1.32% | 32,523 | $63.77 |
| Q4 2018 | -824 | Reduce 2.53% | 31,699 | $49.31 |
| Q1 2019 | +32,228 | Add 0.00% | 32,227 | $50.70 |
| Q2 2019 | -90 | Reduce 0.28% | 32,137 | $46.55 |
| Q3 2019 | +342 | Add 1.06% | 32,479 | $43.72 |
| Q4 2019 | +2,584 | Add 7.96% | 35,063 | $50.82 |
| Q1 2020 | +8,386 | Add 23.92% | 43,449 | $13.16 |
| Q2 2020 | -3,801 | Reduce 8.75% | 39,648 | $16.42 |
| Q3 2020 | -19,094 | Reduce 48.16% | 20,554 | $15.18 |
| Q4 2020 | -5,654 | Reduce 27.51% | 14,900 | $21.68 |
| Q1 2021 | -4,284 | Reduce 28.75% | 10,616 | $26.56 |
| Q2 2021 | -222 | Reduce 2.09% | 10,394 | $26.36 |
| Q3 2021 | +685 | Add 6.59% | 11,079 | $25.00 |
| Q4 2021 | -450 | Reduce 4.06% | 10,629 | $20.13 |
| Q1 2022 | -10,629 | Sold Out | 10,629 | $0.00 |
| Q4 2022 | +710,490 | New Buy | 710,490 | $8.06 |
| Q1 2023 | +421,666 | Add 59.35% | 1.13 M | $10.15 |
| Q2 2023 | +20,545 | Add 1.81% | 1.15 M | $18.83 |
| Q3 2023 | +7,889 | Add 0.68% | 1.16 M | $13.72 |
| Q4 2023 | -20,922 | Reduce 1.80% | 1.14 M | $18.54 |
| Q1 2024 | -40,950 | Reduce 3.59% | 1.1 M | $16.34 |
| Q2 2024 | -6,969 | Reduce 0.63% | 1.09 M | $18.72 |
| Q3 2024 | -8,800 | Reduce 0.81% | 1.08 M | $18.48 |
| Q4 2024 | +1,182 | Add 0.11% | 1.08 M | $24.92 |
| Q1 2025 | +917 | Add 0.08% | 1.09 M | $19.53 |
| Q2 2025 | -115,620 | Reduce 10.66% | 969,428 | $28.12 |
| Q3 2025 | -7,694 | Reduce 0.79% | 961,734 | $28.91 |
Murray Stahl's Carnival Corporation & plc Investment FAQs
Murray Stahl first purchased Carnival Corporation & plc (CCL) in Q2 2013, acquiring 26,199 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Carnival Corporation & plc (CCL) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's largest addition to Carnival Corporation & plc (CCL) was in Q4 2022, adding 710,490 shares worth $5.73 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 961,734 shares of Carnival Corporation & plc (CCL), valued at approximately $27.8 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Carnival Corporation & plc (CCL) represents approximately 0.34% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's peak holding in Carnival Corporation & plc (CCL) was 1,160,590 shares, as reported at the end of Q3 2023. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.