Northern Dynasty Minerals
NAK
76 hedge funds and large institutions have $26M invested in Northern Dynasty Minerals in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 10 closing their positions.
55% more capital invested
Capital invested by funds: $16.8M → $26M (+$9.21M)
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
6% more funds holding
Funds holding: 72 → 76 (+4)
3.9% more ownership
Funds ownership: 9.45% → 13.35% (+3.9%)
32% less call options, than puts
Call options by funds: $478K | Put options by funds: $701K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$3.06M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$2.09M |
| 3 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$2.09M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$1.76M |
| 5 |
LCM
Lonestar Capital Management
San Francisco,
California
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$1.59M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$185K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$104K |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$53K |
| 5 |
Goldman Sachs
New York
|
-$48.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
76
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$3K | -5,000 | Closed |
|
77
Simplex Trading
Chicago,
Illinois
| – | -$3.44K | -4,402 | -92% |
|
|
CDIA
78
Capital Directions Investment Advisors
Atlanta,
Georgia
| – | -$2K | -4,000 | Closed |
|
|
CAM
79
Cresset Asset Management
Chicago,
Illinois
| – | +$11.7K | +15,000 | New |
|
NAK Hedge Fund Activity: Q1 2019 in Review
76 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Northern Dynasty Minerals (NAK) for Q1 2019, worth a combined $26M — up 55% from $16.8M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NAK positions and 10 closed out — a net gain of 4 holders — while 16 added to existing stakes and 13 trimmed.
The largest buyer was Luminus Management, opening a new position worth an estimated $3.06M. The largest seller was Vertex One Asset Management, cutting an estimated $1.59M.
- 76 institutional investors held Northern Dynasty Minerals (NAK) as of Q1 2019, up from 72 in Q4 2018.
- Funds reported $26M of Northern Dynasty Minerals stock for Q1 2019, up 55% quarter-over-quarter.
- 14 funds opened new Northern Dynasty Minerals positions in Q1 2019 and 10 closed out, a net change of +4 holders.
- The largest Northern Dynasty Minerals buyer in Q1 2019 was Luminus Management, an estimated $3.06M added.
- The largest Northern Dynasty Minerals seller in Q1 2019 was Vertex One Asset Management, an estimated $1.59M sold.
Based on aggregated 13F filings for Q1 2019.