Northern Dynasty Minerals
NAK
205 hedge funds and large institutions have $212M invested in Northern Dynasty Minerals in 2026 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 64 increasing their positions, 40 reducing their positions, and 26 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
60% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 40
54% more call options, than puts
Call options by funds: $10.9M | Put options by funds: $7.08M
54% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 26
31% more capital invested
Capital invested by funds: $162M → $212M (+$49.7M)
6% more funds holding
Funds holding: 194 → 205 (+11)
1.07% less ownership
Funds ownership: 20.68% → 19.61% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$4.14M |
| 2 |
JP Morgan Chase
New York
|
+$1.74M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.26M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.08M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$884K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$7.75M |
| 2 |
Jane Street
New York
|
-$6.85M |
| 3 |
GH
GAM Holding
Zurich,
Switzerland
|
-$3.61M |
| 4 |
Millennium Management
New York
|
-$3.06M |
| 5 |
BCM
Bornite Capital Management
New York
|
-$1.4M |
NAK Hedge Fund Activity: Q2 2026 in Review
205 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Northern Dynasty Minerals (NAK) for Q2 2026, worth a combined $212M — up 31% from $162M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new NAK positions and 26 closed out — a net gain of 14 holders — while 64 added to existing stakes and 40 trimmed.
The largest buyer was Mirae Asset Global ETFs Holdings, adding an estimated $4.14M. The largest seller was Two Sigma Investments, cutting an estimated $7.75M.
- 205 institutional investors held Northern Dynasty Minerals (NAK) as of Q2 2026, up from 194 in Q1 2026.
- Funds reported $212M of Northern Dynasty Minerals stock for Q2 2026, up 31% quarter-over-quarter.
- 40 funds opened new Northern Dynasty Minerals positions in Q2 2026 and 26 closed out, a net change of +14 holders.
- The largest Northern Dynasty Minerals buyer in Q2 2026 was Mirae Asset Global ETFs Holdings, an estimated $4.14M added.
- The largest Northern Dynasty Minerals seller in Q2 2026 was Two Sigma Investments, an estimated $7.75M sold.
Based on aggregated 13F filings for Q2 2026.