Northern Dynasty Minerals
NAK
55 hedge funds and large institutions have $68.5M invested in Northern Dynasty Minerals in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 9 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
200% more capital invested
Capital invested by funds: $22.8M → $68.5M (+$45.6M)
100% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 9
20% more funds holding
Funds holding: 46 → 55 (+9)
0.27% more ownership
Funds ownership: 12.15% → 12.42% (+0.27%)
89% less call options, than puts
Call options by funds: $160K | Put options by funds: $1.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lonestar Capital Management
San Francisco,
California
|
+$4.65M |
| 2 |
Millennium Management
New York
|
+$3.37M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$1.92M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$966K |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$786K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$7.62M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$3.48M |
| 3 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$802K |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$169K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$138K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
51
Versant Capital Management
Phoenix,
Arizona
| $4K | – | – | – |
|
52
Wells Fargo
San Francisco,
California
| $4K | – | – | – |
|
53
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
|
IGIM
54
I.G. Investment Management
Winnipeg,
Manitoba, Canada
| – | -$802K | -1,143,626 | Closed |
|
|
RG
55
Rathbones Group
Liverpool,
United Kingdom
| – | -$71K | -100,000 | Closed |
|
|
RJA
56
Raymond James & Associates
St Petersburg,
Florida
| – | -$18K | -26,050 | Closed |
|
|
NA
57
NewEdge Advisors
New Orleans,
Louisiana
| – | -$7K | -10,000 | Closed |
|
NAK Hedge Fund Activity: Q4 2016 in Review
55 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Northern Dynasty Minerals (NAK) for Q4 2016, worth a combined $68.5M — up 200% from $22.8M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NAK positions and 4 closed out — a net gain of 11 holders — while 18 added to existing stakes and 9 trimmed.
The largest buyer was Lonestar Capital Management, opening a new position worth an estimated $4.65M. The largest seller was Mackenzie Financial, cutting an estimated $7.62M.
- 55 institutional investors held Northern Dynasty Minerals (NAK) as of Q4 2016, up from 46 in Q3 2016.
- Funds reported $68.5M of Northern Dynasty Minerals stock for Q4 2016, up 200% quarter-over-quarter.
- 15 funds opened new Northern Dynasty Minerals positions in Q4 2016 and 4 closed out, a net change of +11 holders.
- The largest Northern Dynasty Minerals buyer in Q4 2016 was Lonestar Capital Management, an estimated $4.65M added.
- The largest Northern Dynasty Minerals seller in Q4 2016 was Mackenzie Financial, an estimated $7.62M sold.
Based on aggregated 13F filings for Q4 2016.