Northern Dynasty Minerals
NAK
73 hedge funds and large institutions have $60.2M invested in Northern Dynasty Minerals in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 8 closing their positions.
238% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 8
117% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 12
33% more funds holding
Funds holding: 55 → 73 (+18)
2.08% more ownership
Funds ownership: 12.42% → 14.5% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less capital invested
Capital invested by funds: $68.5M → $60.2M (-$8.24M)
75% less call options, than puts
Call options by funds: $934K | Put options by funds: $3.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$7.2M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$6.22M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.63M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.51M |
| 5 |
O
OppenheimerFunds
New York
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$7.04M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$3.69M |
| 3 |
APCM
Arbiter Partners Capital Management
New York
|
-$1.32M |
| 4 |
MM
Midas Management
New York
|
-$1.03M |
| 5 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$1.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
CIBC World Market
Toronto,
Ontario, Canada
| – | -$62K | -30,000 | Closed |
|
77
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$52K | -25,000 | Closed |
|
|
FPCP
78
Fort Point Capital Partners
San Francisco,
California
| – | -$33K | -11,100 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$10K | -3,600 | Closed |
|
|
DAM
80
Delta Asset Management
Memphis,
Tennessee
| – | -$5K | -2,183 | Closed |
|
NAK Hedge Fund Activity: Q1 2017 in Review
73 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Northern Dynasty Minerals (NAK) for Q1 2017, worth a combined $60.2M — down 12% from $68.5M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new NAK positions and 8 closed out — a net gain of 19 holders — while 26 added to existing stakes and 12 trimmed.
The largest buyer was Vertex One Asset Management, opening a new position worth an estimated $7.2M. The largest seller was Kopernik Global Investors, cutting an estimated $7.04M.
- 73 institutional investors held Northern Dynasty Minerals (NAK) as of Q1 2017, up from 55 in Q4 2016.
- Funds reported $60.2M of Northern Dynasty Minerals stock for Q1 2017, down 12% quarter-over-quarter.
- 27 funds opened new Northern Dynasty Minerals positions in Q1 2017 and 8 closed out, a net change of +19 holders.
- The largest Northern Dynasty Minerals buyer in Q1 2017 was Vertex One Asset Management, an estimated $7.2M added.
- The largest Northern Dynasty Minerals seller in Q1 2017 was Kopernik Global Investors, an estimated $7.04M sold.
Based on aggregated 13F filings for Q1 2017.