Northern Dynasty Minerals
NAK
86 hedge funds and large institutions have $33.4M invested in Northern Dynasty Minerals in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 17 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
1.54% less ownership
Funds ownership: 13.56% → 12.01% (-1.5%)
9% less funds holding
Funds holding: 95 → 86 (-9)
27% less call options, than puts
Call options by funds: $769K | Put options by funds: $1.05M
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
54% less capital invested
Capital invested by funds: $73.3M → $33.4M (-$39.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$2.45M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$1.65M |
| 3 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$1.39M |
| 4 |
GXMC
Global X Management Company
New York
|
+$676K |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$360K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$5.97M |
| 2 |
APCM
Arbiter Partners Capital Management
New York
|
-$3.32M |
| 3 |
O
OppenheimerFunds
New York
|
-$2.35M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.42M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$900K |
NAK Hedge Fund Activity: Q1 2018 in Review
86 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Northern Dynasty Minerals (NAK) for Q1 2018, worth a combined $33.4M — down 54% from $73.3M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of NAK and 8 opened new positions — a net loss of 9 holders — while 20 trimmed existing stakes and 22 added.
The largest buyer was Vertex One Asset Management, adding an estimated $2.45M. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $5.97M sold.
- 86 institutional investors held Northern Dynasty Minerals (NAK) as of Q1 2018, down from 95 in Q4 2017.
- Funds reported $33.4M of Northern Dynasty Minerals stock for Q1 2018, down 54% quarter-over-quarter.
- 8 funds opened new Northern Dynasty Minerals positions in Q1 2018 and 17 closed out, a net change of -9 holders.
- The largest Northern Dynasty Minerals buyer in Q1 2018 was Vertex One Asset Management, an estimated $2.45M added.
- The largest Northern Dynasty Minerals seller in Q1 2018 was Hudson Bay Capital Management, an estimated $5.97M sold.
Based on aggregated 13F filings for Q1 2018.