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NFGC

New Found Gold
NFGC

44 hedge funds and large institutions have $24.7M invested in New Found Gold in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

13% more capital invested

Capital invested by funds: $21.9M → $24.7M (+$2.75M)

2% more funds holding

Funds holding: 43 → 44 (+1)

8% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 12

0.87% more ownership

Funds ownership: 4.06% → 4.92% (+0.87%)

75% less call options, than puts

Call options by funds: $87K | Put options by funds: $342K

Holders
44
Holders Change
+1
Holders Change %
+2.33%
% of All Funds
0.63%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
13
Reduced
12
Closed
6
Calls
$87K
Puts
$342K
Net Calls
-$255K
Net Calls Change
+$80K

Top Buyers

Rank Fund Capital Flow
1
Invesco
Invesco
Georgia
+$2M
2
Bank of America
Bank of America
North Carolina
+$1.22M
3
Renaissance Technologies
Renaissance Technologies
New York
+$800K
4
Marshall Wace
Marshall Wace
United Kingdom
+$789K
5
Two Sigma Investments
Two Sigma Investments
New York
+$437K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$624K
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$170K
3
Millennium Management
Millennium Management
New York
-$153K
4
DC
Diametric Capital
Massachusetts
-$77.7K
5
RG
Rathbones Group
United Kingdom
-$73.2K
Name Holding Trade Value Shares
Change 		Change in
Stake
FDCDDQ
26
Federation des caisses Desjardins du Quebec
Quebec, Canada
$66.7K +$35.7K +13,000 +98%
National Bank of Canada
27
National Bank of Canada
Quebec, Canada
$65.6K +$15K +5,476 +27%
1832 Asset Management
28
1832 Asset Management
Ontario, Canada
$63.3K – – –
LCC
29
Lincoln Capital Corp
Rhode Island
$63.3K – – –
RG
30
Rathbones Group
United Kingdom
$63K -$73.2K -26,667 -52%
UBS Group
31
UBS Group
Switzerland
$56.7K -$1.25K -455 -2%
Toronto Dominion Bank
32
Toronto Dominion Bank
Ontario, Canada
$54.4K +$58.4K +21,294 +10,701%
WC
33
Waterloo Capital
Texas
$50.6K – – –
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$46K – – –
Simplex Trading
35
Simplex Trading
Illinois
$36K +$33K +12,028 +490%
SG
36
StoneX Group
New York
$30.5K +$33.1K +12,050 New
D.E. Shaw & Co
37
D.E. Shaw & Co
New York
$27.5K +$29.6K +10,800 New
WQ
38
Wealth Quarterback
New Jersey
$25.3K – – –
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$20K -$14K -5,099 -39%
AF
40
Advisornet Financial
Minnesota
$11.1K -$686 -250 -5%
FC
41
Fairscale Capital
New Hampshire
$10.1K – – –
TWC
42
TD Waterhouse Canada
Ontario, Canada
$2.59K +$2.74K +1,000 New
LFG
43
Larson Financial Group
Missouri
$2.53K – – –
PP
44
Pacifica Partners
Canada
$1.53K – – –
Susquehanna International Group
45
Susquehanna International Group
Pennsylvania
– -$170K -62,001 Closed
DC
46
Diametric Capital
Massachusetts
– -$77.7K -27,522 Closed
Balyasny Asset Management
47
Balyasny Asset Management
Illinois
– -$43.9K -15,500 Closed
HF
48
HRT Financial
New York
– -$36K -13,071 Closed
PCM
49
Prelude Capital Management
New York
– -$28.4K -10,024 Closed
Northwestern Mutual Wealth Management
50
Northwestern Mutual Wealth Management
Wisconsin
– -$306 -108 Closed
1
2

NFGC Hedge Fund Activity: Q3 2024 in Review

44 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in New Found Gold (NFGC) for Q3 2024, worth a combined $24.7M — up 13% from $21.9M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new NFGC positions and 6 closed out — a net gain of 1 holder — while 13 added to existing stakes and 12 trimmed.

The largest buyer was Invesco, adding an estimated $2M. The largest seller was Morgan Stanley, cutting an estimated $624K.

  • 44 institutional investors held New Found Gold (NFGC) as of Q3 2024, up from 43 in Q2 2024.
  • Funds reported $24.7M of New Found Gold stock for Q3 2024, up 13% quarter-over-quarter.
  • 7 funds opened new New Found Gold positions in Q3 2024 and 6 closed out, a net change of +1 holder.
  • The largest New Found Gold buyer in Q3 2024 was Invesco, an estimated $2M added.
  • The largest New Found Gold seller in Q3 2024 was Morgan Stanley, an estimated $624K sold.

Based on aggregated 13F filings for Q3 2024.