Arbiter Partners Capital Management’s Northern Dynasty Minerals NAK Stock Holding History

Arbiter Partners Capital Management’s Portfolio NAK Stock Details NAK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-1,875,263	Closed	-$3.32M	–	73
2017 Q4	$3.32M	Sell	1,875,263 -15,000	-0.8%	-$29.7K	0.37%	30
2017 Q3	$3.4M	Hold	1,890,263	–	–	0.38%	37
2017 Q2	$2.63M	Hold	1,890,263	–	–	0.32%	37
2017 Q1	$2.7M	Sell	1,890,263 -644,764	-25%	-$1.32M	0.35%	32
2016 Q4	$5.25M	Buy	2,535,027 +644,764	+34%	+$749K	0.88%	24
2016 Q3	$1.34M	Hold	1,890,263	–	–	0.16%	42
2016 Q2	$589K	Buy	1,890,263 +1,016,915	+116%	+$358K	0.08%	58
2016 Q1	$281K	Buy	873,348 +30,000	+4%	+$9.38K	0.05%	77
2015 Q4	$258K	Hold	843,348	–	–	0.03%	96
2015 Q3	$261K	Hold	843,348	–	–	0.03%	101
2015 Q2	$287K	Buy	843,348 +758,911	+899%	+$289K	0.03%	105
2015 Q1	$33K	Buy	+84,437	New	+$38.3K	﹤0.01%	120

Other funds holding NAK

VOAM

Vertex One Asset Management Vancouver, British Columbia, Canada $434M AUM 37.82% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Russell Investments Group London, United Kingdom $93.1B AUM 28.26% 1-Year Est. Return

KGI

Kopernik Global Investors Tampa, Florida $1.43B AUM 63.57% 1-Year Est. Return

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

USAA

United Services Automobile Association San Antonio, Texas $851M AUM 5.13% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Creative Planning Overland Park, Kansas $147B AUM 18.73% 1-Year Est. Return

Arbiter Partners Capital Management's NAK Position: Q1 2018 in Review

Arbiter Partners Capital Management sold out of Northern Dynasty Minerals (NAK) in Q1 2018, closing a stake of 1,875,263 shares — an estimated $3.32M sold.

Arbiter Partners Capital Management first reported a position in NAK in Q1 2015 and held it in 12 quarters. The position peaked at $5.25M in Q4 2016. 86 funds tracked by Wall St. Rank hold NAK as of Q1 2018.

Arbiter Partners Capital Management reported no remaining Northern Dynasty Minerals position as of Q1 2018 after selling out during the quarter.
Arbiter Partners Capital Management sold 1,875,263 Northern Dynasty Minerals shares in Q1 2018, an estimated $3.32M.
Arbiter Partners Capital Management first reported a position in Northern Dynasty Minerals in Q1 2015 and held it in 12 quarters.
Arbiter Partners Capital Management's Northern Dynasty Minerals position peaked at $5.25M in Q4 2016.
86 funds tracked by Wall St. Rank held Northern Dynasty Minerals as of Q1 2018.

Based on Arbiter Partners Capital Management's 13F filing for Q1 2018, filed 15 May 2018.