We are live on ! Find out more
NFGC

New Found Gold

40 hedge funds and large institutions have $24M invested in New Found Gold in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 11

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

5% more capital invested

Capital invested by funds: $22.8M → $24M (+$1.16M)

0% more funds holding

Funds holding: 4040 (0)

0.03% less ownership

Funds ownership: 3.46%3.44% (-0.03%)

30% less call options, than puts

Call options by funds: $457K | Put options by funds: $650K

Holders
40
Holders Change
Holders Change %
0%
% of All Funds
0.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
13
Reduced
11
Closed
9
Calls
$457K
Puts
$650K
Net Calls
-$193K
Net Calls Change
+$100K
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$18M +$231K +69,342 +1%
CIBC World Market
2
CIBC World Market
Ontario, Canada
$1.17M +$152K +45,758 +17%
Millennium Management
3
Millennium Management
New York
$686K +$207K +62,128 +50%
IAN
4
Integrated Advisors Network
Texas
$558K -$150K -45,020 -23%
Citadel Advisors
5
Citadel Advisors
Florida
$382K -$100K -30,150 -23%
Invesco
6
Invesco
Georgia
$347K +$312K +93,700 New
BlackRock
7
BlackRock
New York
$263K +$132K +39,567 +126%
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$212K +$8.33K +2,500 +4%
VF
9
Virtu Financial
New York
$186K +$168K +50,292 New
Jane Street
10
Jane Street
New York
$182K -$52.9K -15,893 -24%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$179K -$220K -66,071 -58%
HPC
12
HM Payson & Co
Maine
$174K +$107K +32,000 +213%
OCM
13
Osterweis Capital Management
California
$116K
CS
14
Cannell & Spears
New York
$111K +$99.9K +30,000 New
Osaic Holdings
15
Osaic Holdings
Arizona
$111K -$12.8K -3,852 -11%
Group One Trading
16
Group One Trading
Illinois
$110K +$99.2K +29,765 New
DC
17
Diametric Capital
Massachusetts
$96.6K -$34.4K -10,325 -28%
Cetera Investment Advisers
18
Cetera Investment Advisers
Illinois
$96.3K -$26.1K -7,825 -23%
CA
19
Cetera Advisors
Colorado
$93.3K +$84.2K +25,287 New
LCC
20
Lincoln Capital Corp
Rhode Island
$92.5K
UBS Group
21
UBS Group
Switzerland
$84.6K +$2.85K +855 +4%
Bank of America
22
Bank of America
North Carolina
$82.4K +$5.66K +1,700 +8%
National Bank of Canada
23
National Bank of Canada
Quebec, Canada
$78.9K +$10.7K +3,200 +17%
Morgan Stanley
24
Morgan Stanley
New York
$76.6K -$25.4K -7,640 -27%
WC
25
Waterloo Capital
Texas
$74K

NFGC Hedge Fund Activity: Q1 2024 in Review

40 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in New Found Gold (NFGC) for Q1 2024, worth a combined $24M — up 5.1% from $22.8M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new NFGC positions and 9 closed out — a net gain of 1 holder — while 13 added to existing stakes and 11 trimmed.

The largest buyer was Invesco, opening a new position worth an estimated $312K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $275K sold.

  • 40 institutional investors held New Found Gold (NFGC) as of Q1 2024, unchanged from Q4 2023.
  • Funds reported $24M of New Found Gold stock for Q1 2024, up 5.1% quarter-over-quarter.
  • 10 funds opened new New Found Gold positions in Q1 2024 and 9 closed out, a net change of +1 holder.
  • The largest New Found Gold buyer in Q1 2024 was Invesco, an estimated $312K added.
  • The largest New Found Gold seller in Q1 2024 was Renaissance Technologies, an estimated $275K sold.

Based on aggregated 13F filings for Q1 2024.