Royal Caribbean: Capital Research reports 7.1% passive ownership

Rhea-AI Filing Summary

Royal Caribbean Cruises Ltd. (RCL) received an amended Schedule 13G filing indicating that Capital Research Global Investors beneficially owns 19,256,502 shares of common stock, representing 7.1% of the class. The filing lists an event date of 09/30/2025.

The holder reports sole voting power over 19,250,052 shares and sole dispositive power over 19,256,502 shares, with no shared voting or dispositive power. The percentage is based on 271,627,660 shares believed outstanding. The filer is classified as an investment adviser (IA) and filed on a passive basis under Schedule 13G, certifying the shares were acquired and are held in the ordinary course of business and not to change or influence control.

Insights

Securities law analyst

Passive 13G/A shows a 7.1% RCL stake by Capital Research.

Capital Research Global Investors reports beneficial ownership of 7.1% in RCL, equal to 19,256,502 common shares, with an event date of 09/30/2025. The filing uses Schedule 13G, which is the passive ownership route for large holders.

The filer has sole voting power over 19,250,052 shares and sole dispositive power over 19,256,502 shares, with zero shared powers. The percentage is calculated against 271,627,660 shares believed outstanding.

As a passive filing by an investment adviser, this is administrative rather than strategic. Actual impact depends on future ownership changes disclosed in subsequent filings.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

Royal Caribbean Cruises Ltd.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

V7780T103

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. V7780T103

1

Names of Reporting Persons

Capital Research Global Investors

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 19,250,052.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 19,256,502.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

19,256,502.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.1 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Royal Caribbean Cruises Ltd.
(b)	Address of issuer's principal executive offices: N/A
Item 2.
(a)	Name of person filing: Capital Research Global Investors
(b)	Address or principal business office or, if none, residence: 333 South Hope Street, 55th Fl, Los Angeles, CA 90071
(c)	Citizenship: N/A
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: V7780T103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 19,256,502 ** **Capital Research Global Investors ("CRGI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CRGI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital Research Global Investors." CRGI is deemed to be the beneficial owner of 19,256,502 shares or 7.1% of the 271,627,660 shares believed to be outstanding.
(b)	Percent of class: 7.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 19,250,052
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 19,256,502
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Capital Research Global Investors

Signature:	Jae Won Chung
Name/Title:	Vice President and Senior Counsel II, Capital Research and Management Company
Date:	11/11/2025

FAQ

What stake did Capital Research report in RCL (Royal Caribbean Cruises Ltd., RCL)?

Capital Research Global Investors reported beneficial ownership of 19,256,502 RCL common shares, or 7.1% of the class.

What are the voting and dispositive powers reported for RCL by Capital Research?

The filer lists sole voting power over 19,250,052 shares and sole dispositive power over 19,256,502 shares; shared power is 0.

What share count was used to calculate the 7.1% ownership in RCL?

The percentage is based on 271,627,660 RCL shares believed to be outstanding.

Is the Capital Research filing on RCL passive or active?

It is a Schedule 13G/A passive filing, certified as acquired and held in the ordinary course and not to change or influence control.

What is the event date tied to this 13G/A for RCL?

The event date requiring the filing is 09/30/2025.

How is the reporting person classified in the RCL 13G/A?

The reporting person is classified as an investment adviser (IA).