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NFGC

New Found Gold
NFGC

37 hedge funds and large institutions have $24.2M invested in New Found Gold in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 6

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

31% more call options, than puts

Call options by funds: $761K | Put options by funds: $583K

9% more funds holding

Funds holding: 34 → 37 (+3)

0.25% less ownership

Funds ownership: 3.51% → 3.26% (-0.25%)

21% less capital invested

Capital invested by funds: $30.6M → $24.2M (-$6.45M)

Holders
37
Holders Change
+3
Holders Change %
+8.82%
% of All Funds
0.59%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
11
Reduced
6
Closed
5
Calls
$761K
Puts
$583K
Net Calls
+$178K
Net Calls Change
+$609K

Top Buyers

Rank Fund Capital Flow
1
LSA
Leonteq Securities AG
Switzerland
+$371K
2
Citadel Advisors
Citadel Advisors
Florida
+$364K
3
CIBC World Market
CIBC World Market
Ontario, Canada
+$254K
4
RG
Rathbones Group
United Kingdom
+$216K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$172K

Top Sellers

Rank Fund Capital Flow
1
IAN
Integrated Advisors Network
Texas
-$1.76M
2
PVI
Pine Valley Investments
New Jersey
-$758K
3
Millennium Management
Millennium Management
New York
-$449K
4
Jane Street
Jane Street
New York
-$151K
5
Morgan Stanley
Morgan Stanley
New York
-$84K
Name Holding Trade Value Shares
Change 		Change in
Stake
Marshall Wace
26
Marshall Wace
United Kingdom
$62K +$927 +205 +1%
SI
27
Sprott Inc
Ontario, Canada
$52.1K +$56.5K +12,500 New
Royal Bank of Canada
28
Royal Bank of Canada
Ontario, Canada
$52K +$15.1K +3,340 +36%
PGFC
29
Peapack-Gladstone Financial Corp
New Jersey
$42K – – –
FDCDDQ
30
Federation des caisses Desjardins du Quebec
Quebec, Canada
$41.4K – – –
GWS
31
Glassman Wealth Services
Virginia
$35K +$37.9K +8,388 New
HPC
32
HM Payson & Co
Maine
$29.2K +$18.7K +4,135 +144%
PP
33
Pacifica Partners
Canada
$2.31K – – –
RDFA
34
Ritter Daniher Financial Advisory
Ohio
$2.08K +$2.26K +500 New
Toronto Dominion Bank
35
Toronto Dominion Bank
Ontario, Canada
$1.59K +$1.72K +381 New
FSWA
36
Financial Synergies Wealth Advisors
Texas
$84 – – –
PVI
37
Pine Valley Investments
New Jersey
– -$758K -153,084 Closed
Jane Street
38
Jane Street
New York
– -$151K -30,266 Closed
Goldman Sachs
39
Goldman Sachs
New York
– -$72.9K -14,726 Closed
Wolverine Trading
40
Wolverine Trading
Illinois
– -$50.8K -10,719 Closed
Group One Trading
41
Group One Trading
Illinois
– -$6.64K -1,469 Closed
CG
42
Cutler Group
California
– +$904 +200 New
1
2

NFGC Hedge Fund Activity: Q3 2023 in Review

37 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in New Found Gold (NFGC) for Q3 2023, worth a combined $24.2M — down 21% from $30.6M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new NFGC positions and 5 closed out — a net gain of 4 holders — while 11 added to existing stakes and 6 trimmed.

The largest buyer was Leonteq Securities AG, opening a new position worth an estimated $371K. The largest seller was Integrated Advisors Network, cutting an estimated $1.76M.

  • 37 institutional investors held New Found Gold (NFGC) as of Q3 2023, up from 34 in Q2 2023.
  • Funds reported $24.2M of New Found Gold stock for Q3 2023, down 21% quarter-over-quarter.
  • 9 funds opened new New Found Gold positions in Q3 2023 and 5 closed out, a net change of +4 holders.
  • The largest New Found Gold buyer in Q3 2023 was Leonteq Securities AG, an estimated $371K added.
  • The largest New Found Gold seller in Q3 2023 was Integrated Advisors Network, an estimated $1.76M sold.

Based on aggregated 13F filings for Q3 2023.