New Found Gold
NFGC
48 hedge funds and large institutions have $17.4M invested in New Found Gold in 2024 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
9% more funds holding
Funds holding: 44 → 48 (+4)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
0.09% less ownership
Funds ownership: 4.92% → 4.83% (-0.09%)
30% less capital invested
Capital invested by funds: $24.7M → $17.4M (-$7.28M)
85% less call options, than puts
Call options by funds: $25K | Put options by funds: $169K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.29M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$322K |
| 3 |
Renaissance Technologies
New York
|
+$307K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$267K |
| 5 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.08M |
| 2 |
VanEck Associates
New York
|
-$844K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$216K |
| 4 |
Two Sigma Investments
New York
|
-$172K |
| 5 |
Morgan Stanley
New York
|
-$129K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
51
Quadrature Capital
London,
United Kingdom
| – | -$79K | -31,088 | Closed |
|
52
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$54.4K | -21,493 | Closed |
|
53
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$46K | -18,130 | Closed |
|
|
SG
54
StoneX Group
New York
| – | -$30.5K | -12,050 | Closed |
|
55
D.E. Shaw & Co
New York
| – | -$27.5K | -10,800 | Closed |
|
|
LFG
56
Larson Financial Group
St Louis,
Missouri
| – | -$2.53K | -1,000 | Closed |
|
NFGC Hedge Fund Activity: Q4 2024 in Review
48 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in New Found Gold (NFGC) for Q4 2024, worth a combined $17.4M — down 30% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NFGC positions and 8 closed out — a net gain of 4 holders — while 12 added to existing stakes and 12 trimmed.
The largest buyer was Millennium Management, adding an estimated $1.29M. The largest seller was Invesco, exiting entirely with an estimated $2.08M sold.
- 48 institutional investors held New Found Gold (NFGC) as of Q4 2024, up from 44 in Q3 2024.
- Funds reported $17.4M of New Found Gold stock for Q4 2024, down 30% quarter-over-quarter.
- 12 funds opened new New Found Gold positions in Q4 2024 and 8 closed out, a net change of +4 holders.
- The largest New Found Gold buyer in Q4 2024 was Millennium Management, an estimated $1.29M added.
- The largest New Found Gold seller in Q4 2024 was Invesco, an estimated $2.08M sold.
Based on aggregated 13F filings for Q4 2024.