New Found Gold
NFGC
28 hedge funds and large institutions have $23.7M invested in New Found Gold in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 6 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
0% more funds holding
Funds holding: 28 → 28 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.31% less ownership
Funds ownership: 2.68% → 2.37% (-0.31%)
22% less capital invested
Capital invested by funds: $30.3M → $23.7M (-$6.53M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$247K |
| 2 |
HPC
HM Payson & Co
Portland,
Maine
|
+$220K |
| 3 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
+$164K |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$134K |
| 5 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
+$78.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.31M |
| 2 |
VanEck Associates
New York
|
-$806K |
| 3 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
-$448K |
| 4 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$355K |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$178K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $4K | +$3.7K | +590 | New |
|
|
PP
27
Pacifica Partners
Surrey,
Canada
| $4K | +$3.77K | +600 | New |
|
|
MFS
28
Mirabella Financial Services
London,
United Kingdom
| – | -$448K | -63,000 | Closed |
|
|
NAM
29
NewGen Asset Management
Toronto,
Ontario, Canada
| – | -$355K | -50,000 | Closed |
|
|
30
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$178K | -25,000 | Closed |
|
31
Jane Street
New York
| – | -$84K | -11,900 | Closed |
|
|
RJA
32
Raymond James & Associates
St Petersburg,
Florida
| – | -$82K | -11,482 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
34
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$483 | +77 | +28% |
|
NFGC Hedge Fund Activity: Q1 2022 in Review
28 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in New Found Gold (NFGC) for Q1 2022, worth a combined $23.7M — down 22% from $30.3M a quarter earlier.
Fund positioning in NFGC was balanced in Q1 2022: 6 funds opened new positions, 6 closed out, 10 added to existing stakes and 6 trimmed.
The largest buyer was D.E. Shaw & Co, opening a new position worth an estimated $247K. The largest seller was Bank of Montreal, cutting an estimated $1.31M.
- 28 institutional investors held New Found Gold (NFGC) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $23.7M of New Found Gold stock for Q1 2022, down 22% quarter-over-quarter.
- 6 funds opened new New Found Gold positions in Q1 2022 and 6 closed out, a net change of 0 holders.
- The largest New Found Gold buyer in Q1 2022 was D.E. Shaw & Co, an estimated $247K added.
- The largest New Found Gold seller in Q1 2022 was Bank of Montreal, an estimated $1.31M sold.
Based on aggregated 13F filings for Q1 2022.