GAM Holding’s Northern Dynasty Minerals NAK Stock Holding History

GAM Holding’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
2026 Q2	$2.04M	Sell	1,060,000 -1,800,000	-63%	-$3.61M	0.16%	131
2026 Q1	$4M	Sell	2,860,000 -766,000	-21%	-$1.33M	0.35%	65
2025 Q4	$7.14M	Buy	3,626,000 +156,900	+5%	+$303K	0.46%	57
2025 Q3	$4.16M	Buy	3,469,100 +669,100	+24%	+$719K	0.26%	97
2025 Q2	$3.75M	Buy	+2,800,000	New	+$3.13M	0.26%	97
2024 Q4	–	Sell	-500,000	Closed	-$166K	–	184
2024 Q3	$166K	Hold	500,000	–	–	0.01%	151
2024 Q2	$155K	Buy	500,000 +180,000	+56%	+$54.1K	0.01%	158
2024 Q1	$102K	Hold	320,000	–	–	0.01%	168
2023 Q4	$103K	Buy	+320,000	New	+$106K	0.01%	162

Other funds holding NAK

KGI

Kopernik Global Investors Tampa, Florida $1.63B AUM 27.98% 1-Year Est. Return

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $83.9B AUM 60.43% 1-Year Est. Return

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

Russell Investments Group London, United Kingdom $114B AUM 41.71% 1-Year Est. Return

Commonwealth Equity Services Waltham, Massachusetts $79.5B AUM 27.1% 1-Year Est. Return

Citadel Advisors Miami, Florida $875B AUM 40.91% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $1.28T AUM 58.89% 1-Year Est. Return

Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

GAM Holding's NAK Position: Q2 2026 in Review

GAM Holding reduced its Northern Dynasty Minerals (NAK) stake by 63% in Q2 2026, selling an estimated $3.61M and leaving 1,060,000 shares worth $2.04M. The position accounts for 0.16% of the portfolio, ranked #131.

GAM Holding first reported a position in NAK in Q4 2023 and has held it in 9 quarters since. The position peaked at $7.14M in Q4 2025. 205 funds tracked by Wall St. Rank hold NAK as of Q2 2026.

GAM Holding held 1,060,000 shares of Northern Dynasty Minerals worth $2.04M as of Q2 2026.
GAM Holding sold 1,800,000 Northern Dynasty Minerals shares in Q2 2026, an estimated $3.61M.
Northern Dynasty Minerals made up 0.16% of GAM Holding's portfolio in Q2 2026, its #131 holding.
GAM Holding first reported a position in Northern Dynasty Minerals in Q4 2023 and has held it in 9 quarters since.
GAM Holding's Northern Dynasty Minerals position peaked at $7.14M in Q4 2025.
205 funds tracked by Wall St. Rank held Northern Dynasty Minerals as of Q2 2026.

Based on GAM Holding's 13F filing for Q2 2026, filed 14 Aug 2026.