Northern Dynasty Minerals
NAK
69 hedge funds and large institutions have $47.6M invested in Northern Dynasty Minerals in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 20 reducing their positions, and 15 closing their positions.
3.11% less ownership
Funds ownership: 14.5% → 11.39% (-3.1%)
5% less funds holding
Funds holding: 73 → 69 (-4)
15% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 20
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
21% less capital invested
Capital invested by funds: $60.2M → $47.6M (-$12.6M)
45% less call options, than puts
Call options by funds: $2.1M | Put options by funds: $3.8M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$3.17M |
| 2 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$1.76M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$1.5M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$876K |
| 5 |
O
OppenheimerFunds
New York
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$5M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$4.73M |
| 3 |
Millennium Management
New York
|
-$3.76M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$1.17M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Two Sigma Advisers
New York
| – | -$28K | -19,710 | Closed |
|
77
Bank of New York Mellon
New York
| – | -$19K | -12,779 | Closed |
|
|
PG
78
PEAK6 Group
Chicago,
Illinois
| – | -$15K | -10,353 | Closed |
|
79
Parallax Volatility Advisers
San Francisco,
California
| – | -$4K | -3,080 | Closed |
|
80
Schroder Investment Management Group
London,
United Kingdom
| – | -$4K | -2,165 | Closed |
|
|
FMA
81
FNY Managed Accounts
New York
| – | -$2K | -1,522 | Closed |
|
82
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -800 | Closed |
|
83
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$5 | +3 | New |
|
NAK Hedge Fund Activity: Q2 2017 in Review
69 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Northern Dynasty Minerals (NAK) for Q2 2017, worth a combined $47.6M — down 21% from $60.2M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NAK and 12 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 17 added.
The largest buyer was Vertex One Asset Management, adding an estimated $3.17M. The largest seller was Lonestar Capital Management, exiting entirely with an estimated $5M sold.
- 69 institutional investors held Northern Dynasty Minerals (NAK) as of Q2 2017, down from 73 in Q1 2017.
- Funds reported $47.6M of Northern Dynasty Minerals stock for Q2 2017, down 21% quarter-over-quarter.
- 12 funds opened new Northern Dynasty Minerals positions in Q2 2017 and 15 closed out, a net change of -3 holders.
- The largest Northern Dynasty Minerals buyer in Q2 2017 was Vertex One Asset Management, an estimated $3.17M added.
- The largest Northern Dynasty Minerals seller in Q2 2017 was Lonestar Capital Management, an estimated $5M sold.
Based on aggregated 13F filings for Q2 2017.