New Found Gold
NFGC
34 hedge funds and large institutions have $20.2M invested in New Found Gold in 2022 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
21% more funds holding
Funds holding: 28 → 34 (+6)
0.36% more ownership
Funds ownership: 2.37% → 2.73% (+0.36%)
15% less capital invested
Capital invested by funds: $23.7M → $20.2M (-$3.54M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$1.97M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$941K |
| 3 |
Millennium Management
New York
|
+$566K |
| 4 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
+$158K |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$157K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$265K |
| 2 |
D.E. Shaw & Co
New York
|
-$239K |
| 3 |
Morgan Stanley
New York
|
-$112K |
| 4 |
Two Sigma Investments
New York
|
-$111K |
| 5 |
IC
IEQ Capital
Foster City,
California
|
-$29.6K |
NFGC Hedge Fund Activity: Q2 2022 in Review
34 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in New Found Gold (NFGC) for Q2 2022, worth a combined $20.2M — down 15% from $23.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NFGC positions and 2 closed out — a net gain of 6 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was VanEck Associates, adding an estimated $1.97M. The largest seller was Bank of Montreal, cutting an estimated $265K.
- 34 institutional investors held New Found Gold (NFGC) as of Q2 2022, up from 28 in Q1 2022.
- Funds reported $20.2M of New Found Gold stock for Q2 2022, down 15% quarter-over-quarter.
- 8 funds opened new New Found Gold positions in Q2 2022 and 2 closed out, a net change of +6 holders.
- The largest New Found Gold buyer in Q2 2022 was VanEck Associates, an estimated $1.97M added.
- The largest New Found Gold seller in Q2 2022 was Bank of Montreal, an estimated $265K sold.
Based on aggregated 13F filings for Q2 2022.