New Found Gold
NFGC
44 hedge funds and large institutions have $24.7M invested in New Found Gold in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
13% more capital invested
Capital invested by funds: $21.9M → $24.7M (+$2.75M)
2% more funds holding
Funds holding: 43 → 44 (+1)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0.87% more ownership
Funds ownership: 4.06% → 4.92% (+0.87%)
75% less call options, than puts
Call options by funds: $87K | Put options by funds: $342K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.22M |
| 3 |
Renaissance Technologies
New York
|
+$800K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$789K |
| 5 |
Two Sigma Investments
New York
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$624K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$170K |
| 3 |
Millennium Management
New York
|
-$153K |
| 4 |
DC
Diametric Capital
Boston,
Massachusetts
|
-$77.7K |
| 5 |
RG
Rathbones Group
Liverpool,
United Kingdom
|
-$73.2K |
NFGC Hedge Fund Activity: Q3 2024 in Review
44 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in New Found Gold (NFGC) for Q3 2024, worth a combined $24.7M — up 13% from $21.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NFGC positions and 6 closed out — a net gain of 1 holder — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Invesco, adding an estimated $2M. The largest seller was Morgan Stanley, cutting an estimated $624K.
- 44 institutional investors held New Found Gold (NFGC) as of Q3 2024, up from 43 in Q2 2024.
- Funds reported $24.7M of New Found Gold stock for Q3 2024, up 13% quarter-over-quarter.
- 7 funds opened new New Found Gold positions in Q3 2024 and 6 closed out, a net change of +1 holder.
- The largest New Found Gold buyer in Q3 2024 was Invesco, an estimated $2M added.
- The largest New Found Gold seller in Q3 2024 was Morgan Stanley, an estimated $624K sold.
Based on aggregated 13F filings for Q3 2024.