New Found Gold
NFGC
75 hedge funds and large institutions have $103M invested in New Found Gold in 2025 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 9 closing their positions.
189% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 9
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
95% more capital invested
Capital invested by funds: $53.1M → $103M (+$50.4M)
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
79% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $811K
27% more funds holding
Funds holding: 59 → 75 (+16)
1.01% more ownership
Funds ownership: 9.21% → 10.22% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$9.77M |
| 2 |
Jane Street
New York
|
+$6.51M |
| 3 |
MI
Merk Investments
Menlo Park,
California
|
+$5.89M |
| 4 |
MCM
Moerus Capital Management
New York
|
+$4.15M |
| 5 |
Two Sigma Investments
New York
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.85M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$3.72M |
| 3 |
Renaissance Technologies
New York
|
-$1.74M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.5M |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$390K |
NFGC Hedge Fund Activity: Q4 2025 in Review
75 of the 8,271 institutional investors tracked by Wall St. Rank reported a position in New Found Gold (NFGC) for Q4 2025, worth a combined $103M — up 95% from $53.1M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NFGC positions and 9 closed out — a net gain of 17 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was Sprott Inc, adding an estimated $9.77M. The largest seller was Bank of America, cutting an estimated $3.85M.
- 75 institutional investors held New Found Gold (NFGC) as of Q4 2025, up from 59 in Q3 2025.
- Funds reported $103M of New Found Gold stock for Q4 2025, up 95% quarter-over-quarter.
- 26 funds opened new New Found Gold positions in Q4 2025 and 9 closed out, a net change of +17 holders.
- The largest New Found Gold buyer in Q4 2025 was Sprott Inc, an estimated $9.77M added.
- The largest New Found Gold seller in Q4 2025 was Bank of America, an estimated $3.85M sold.
Based on aggregated 13F filings for Q4 2025.