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NAK

Northern Dynasty Minerals
NAK

139 hedge funds and large institutions have $61.7M invested in Northern Dynasty Minerals in 2025 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

322% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 9

74% more capital invested

Capital invested by funds: $35.4M → $61.7M (+$26.2M)

36% more call options, than puts

Call options by funds: $2.26M | Put options by funds: $1.67M

24% more funds holding

Funds holding: 112 → 139 (+27)

22% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 23

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

1.34% less ownership

Funds ownership: 11.32% → 9.98% (-1.3%)

Holders
139
Holders Change
+27
Holders Change %
+24.11%
% of All Funds
1.86%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
38
Increased
28
Reduced
23
Closed
9
Calls
$2.26M
Puts
$1.67M
Net Calls
+$596K
Net Calls Change
+$143K

Top Buyers

Rank Fund Capital Flow
1
JAG
Journey Advisory Group
Kentucky
+$2.7M
2
Marshall Wace
Marshall Wace
United Kingdom
+$1.46M
3
MG
Marex Group
+$1.28M
4
PP
Praetorian PR
Puerto Rico
+$1.24M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$737K

Top Sellers

Rank Fund Capital Flow
1
KGI
Kopernik Global Investors
Florida
-$8.59M
2
ICM
Invenomic Capital Management
Massachusetts
-$3.35M
3
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$1.89M
4
CC
Cadinha & Co
Hawaii
-$871K
5
DIG
Dauntless Investment Group
New Hampshire
-$831K
Name Holding Trade Value Shares
Change 		Change in
Stake
ASN
101
Advisory Services Network
Georgia
$12.5K – – –
1WM
102
1900 Wealth Management
Texas
$12.1K – – –
AWA
103
Arkadios Wealth Advisors
Georgia
$11.6K – – –
PI
104
PFG Investments
New York
$11.5K -$7.28K -10,000 -50%
FA
105
Faithward Advisors
Pennsylvania
$11.5K – – –
NL
106
NVWM LLC
Pennsylvania
$11.5K – – –
QWM
107
Quadcap Wealth Management
Texas
$11.5K – – –
RFG
108
Range Financial Group
Oregon
$11.5K – – –
RCM
109
Ridgepath Capital Management
Tennessee
$11.5K – – –
SWA
110
Strategies Wealth Advisors
Michigan
$11.5K – – –
PAG
111
Private Advisor Group
New Jersey
$11.5K +$7.28K +10,000 New
SSWM
112
Sheets Smith Wealth Management
North Carolina
$11.5K +$7.28K +10,000 New
SFS
113
Symphony Financial Services
Ohio
$11.5K +$7.28K +10,000 New
TWC
114
TD Waterhouse Canada
Ontario, Canada
$8.25K +$1.89K +2,600 +52%
PCMM
115
Piedmont Capital Management (Montana)
Montana
$7.95K +$7.28K +10,000 New
SIM
116
Synergy Investment Management
Florida
$6.9K – – –
GWSG
117
GPS Wealth Strategies Group
Colorado
$4.83K – – –
PA
118
Parallel Advisors
California
$4.77K – – –
MG
119
Mather Group
Illinois
$3.56K – – –
WA
120
Whipplewood Advisors
Colorado
$3.45K -$2.17K -2,986 -100%
SIS
121
Sound Income Strategies
Florida
$3.45K – – –
SPIA
122
Steward Partners Investment Advisory
New York
$3.21K +$2.03K +2,788 New
LWCFA
123
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$3.15K – – –
NS
124
NBC Securities
Alabama
$3K +$2.03K +2,795 +55,900%
S
125
SignatureFD
Georgia
$2.88K – – –
2 3 4
5
6

NAK Hedge Fund Activity: Q1 2025 in Review

139 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Northern Dynasty Minerals (NAK) for Q1 2025, worth a combined $61.7M — up 74% from $35.4M a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new NAK positions and 9 closed out — a net gain of 29 holders — while 28 added to existing stakes and 23 trimmed.

The largest buyer was Journey Advisory Group, opening a new position worth an estimated $2.7M. The largest seller was Kopernik Global Investors, cutting an estimated $8.59M.

  • 139 institutional investors held Northern Dynasty Minerals (NAK) as of Q1 2025, up from 112 in Q4 2024.
  • Funds reported $61.7M of Northern Dynasty Minerals stock for Q1 2025, up 74% quarter-over-quarter.
  • 38 funds opened new Northern Dynasty Minerals positions in Q1 2025 and 9 closed out, a net change of +29 holders.
  • The largest Northern Dynasty Minerals buyer in Q1 2025 was Journey Advisory Group, an estimated $2.7M added.
  • The largest Northern Dynasty Minerals seller in Q1 2025 was Kopernik Global Investors, an estimated $8.59M sold.

Based on aggregated 13F filings for Q1 2025.