New Found Gold
NFGC
39 hedge funds and large institutions have $20.8M invested in New Found Gold in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
29% more capital invested
Capital invested by funds: $16.1M → $20.8M (+$4.7M)
18% more funds holding
Funds holding: 33 → 39 (+6)
0.31% more ownership
Funds ownership: 2.75% → 3.06% (+0.31%)
84% less call options, than puts
Call options by funds: $77K | Put options by funds: $474K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$749K |
| 2 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
+$526K |
| 3 |
Millennium Management
New York
|
+$429K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$271K |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$315K |
| 2 |
IC
IEQ Capital
Foster City,
California
|
-$177K |
| 3 |
HPC
HM Payson & Co
Portland,
Maine
|
-$80.6K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$67.9K |
| 5 |
FSWA
Financial Synergies Wealth Advisors
Houston,
Texas
|
-$36.9K |
NFGC Hedge Fund Activity: Q4 2022 in Review
39 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in New Found Gold (NFGC) for Q4 2022, worth a combined $20.8M — up 29% from $16.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NFGC positions and 3 closed out — a net gain of 6 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was CIBC World Market, adding an estimated $749K. The largest seller was VanEck Associates, cutting an estimated $315K.
- 39 institutional investors held New Found Gold (NFGC) as of Q4 2022, up from 33 in Q3 2022.
- Funds reported $20.8M of New Found Gold stock for Q4 2022, up 29% quarter-over-quarter.
- 9 funds opened new New Found Gold positions in Q4 2022 and 3 closed out, a net change of +6 holders.
- The largest New Found Gold buyer in Q4 2022 was CIBC World Market, an estimated $749K added.
- The largest New Found Gold seller in Q4 2022 was VanEck Associates, an estimated $315K sold.
Based on aggregated 13F filings for Q4 2022.