We are live on ! Find out more
NFGC

New Found Gold
NFGC

43 hedge funds and large institutions have $21.9M invested in New Found Gold in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 7

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

8% more funds holding

Funds holding: 40 → 43 (+3)

0.62% more ownership

Funds ownership: 3.44% → 4.06% (+0.62%)

9% less capital invested

Capital invested by funds: $24M → $21.9M (-$2.05M)

62% less call options, than puts

Call options by funds: $208K | Put options by funds: $543K

Holders
43
Holders Change
+3
Holders Change %
+7.5%
% of All Funds
0.62%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
14
Reduced
7
Closed
7
Calls
$208K
Puts
$543K
Net Calls
-$335K
Net Calls Change
-$142K

Top Buyers

Rank Fund Capital Flow
1
VanEck Associates
VanEck Associates
New York
+$1.63M
2
Morgan Stanley
Morgan Stanley
New York
+$1.33M
3
Marshall Wace
Marshall Wace
United Kingdom
+$875K
4
Renaissance Technologies
Renaissance Technologies
New York
+$793K
5
Citadel Advisors
Citadel Advisors
Florida
+$433K

Top Sellers

Rank Fund Capital Flow
1
CIBC World Market
CIBC World Market
Ontario, Canada
-$773K
2
IAN
Integrated Advisors Network
Texas
-$279K
3
VF
Virtu Financial
New York
-$186K
4
Millennium Management
Millennium Management
New York
-$124K
5
QC
Quadrature Capital
United Kingdom
-$68.4K
Name Holding Trade Value Shares
Change 		Change in
Stake
UBS Group
26
UBS Group
Switzerland
$64.7K – – –
National Bank of Canada
27
National Bank of Canada
Quebec, Canada
$57.2K -$6.34K -1,800 -8%
WC
28
Waterloo Capital
Texas
$56.6K – – –
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$51K – – –
Balyasny Asset Management
30
Balyasny Asset Management
Illinois
$43.9K +$54.6K +15,500 New
FDCDDQ
31
Federation des caisses Desjardins du Quebec
Quebec, Canada
$37.2K – – –
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$36K +$13.8K +3,905 +43%
HF
33
HRT Financial
New York
$36K +$46.1K +13,071 New
Two Sigma Investments
34
Two Sigma Investments
New York
$33.8K -$7.99K -2,267 -16%
PCM
35
Prelude Capital Management
New York
$28.4K +$35.3K +10,024 New
WQ
36
Wealth Quarterback
New Jersey
$28.3K +$35.2K +10,000 New
FC
37
Fairscale Capital
New Hampshire
$13.8K +$14.1K +4,000 New
AF
38
Advisornet Financial
Minnesota
$13.2K +$4.93K +1,400 +43%
Simplex Trading
39
Simplex Trading
Illinois
$6K -$39.2K -11,113 -82%
LFG
40
Larson Financial Group
Missouri
$2.83K – – –
PP
41
Pacifica Partners
Canada
$1.64K – – –
Toronto Dominion Bank
42
Toronto Dominion Bank
Ontario, Canada
$563 -$578 -164 -45%
Northwestern Mutual Wealth Management
43
Northwestern Mutual Wealth Management
Wisconsin
$306 +$381 +108 New
VF
44
Virtu Financial
New York
– -$186K -50,292 Closed
QC
45
Quadrature Capital
United Kingdom
– -$68.4K -18,553 Closed
RJFSA
46
Raymond James Financial Services Advisors
Florida
– -$44.3K -11,970 Closed
HFS
47
Hantz Financial Services
Michigan
– -$30K -8,174 Closed
TWC
48
TD Waterhouse Canada
Ontario, Canada
– -$4.88K -1,000 Closed
FSWA
49
Financial Synergies Wealth Advisors
Texas
– -$74 -20 Closed
TRCT
50
Tower Research Capital (TRC)
New York
– -$18 -5 Closed
1
2

NFGC Hedge Fund Activity: Q2 2024 in Review

43 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in New Found Gold (NFGC) for Q2 2024, worth a combined $21.9M — down 8.6% from $24M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new NFGC positions and 7 closed out — a net gain of 4 holders — while 14 added to existing stakes and 7 trimmed.

The largest buyer was VanEck Associates, adding an estimated $1.63M. The largest seller was CIBC World Market, cutting an estimated $773K.

  • 43 institutional investors held New Found Gold (NFGC) as of Q2 2024, up from 40 in Q1 2024.
  • Funds reported $21.9M of New Found Gold stock for Q2 2024, down 8.6% quarter-over-quarter.
  • 11 funds opened new New Found Gold positions in Q2 2024 and 7 closed out, a net change of +4 holders.
  • The largest New Found Gold buyer in Q2 2024 was VanEck Associates, an estimated $1.63M added.
  • The largest New Found Gold seller in Q2 2024 was CIBC World Market, an estimated $773K sold.

Based on aggregated 13F filings for Q2 2024.