New Found Gold
NFGC
37 hedge funds and large institutions have $24.2M invested in New Found Gold in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 5 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
31% more call options, than puts
Call options by funds: $761K | Put options by funds: $583K
9% more funds holding
Funds holding: 34 → 37 (+3)
0.25% less ownership
Funds ownership: 3.51% → 3.26% (-0.25%)
21% less capital invested
Capital invested by funds: $30.6M → $24.2M (-$6.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSA
Leonteq Securities AG
Zurich,
Switzerland
|
+$371K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$364K |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$254K |
| 4 |
RG
Rathbones Group
Liverpool,
United Kingdom
|
+$216K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
-$1.76M |
| 2 |
PVI
Pine Valley Investments
Marlton,
New Jersey
|
-$758K |
| 3 |
Millennium Management
New York
|
-$449K |
| 4 |
Jane Street
New York
|
-$151K |
| 5 |
Morgan Stanley
New York
|
-$84K |
NFGC Hedge Fund Activity: Q3 2023 in Review
37 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in New Found Gold (NFGC) for Q3 2023, worth a combined $24.2M — down 21% from $30.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NFGC positions and 5 closed out — a net gain of 4 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Leonteq Securities AG, opening a new position worth an estimated $371K. The largest seller was Integrated Advisors Network, cutting an estimated $1.76M.
- 37 institutional investors held New Found Gold (NFGC) as of Q3 2023, up from 34 in Q2 2023.
- Funds reported $24.2M of New Found Gold stock for Q3 2023, down 21% quarter-over-quarter.
- 9 funds opened new New Found Gold positions in Q3 2023 and 5 closed out, a net change of +4 holders.
- The largest New Found Gold buyer in Q3 2023 was Leonteq Securities AG, an estimated $371K added.
- The largest New Found Gold seller in Q3 2023 was Integrated Advisors Network, an estimated $1.76M sold.
Based on aggregated 13F filings for Q3 2023.