NovaGold Resources
205 hedge funds and large institutions have $1.39B invested in NovaGold Resources in 2020 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 73 increasing their positions, 55 reducing their positions, and 28 closing their positions.
68% more call options, than puts
Call options by funds: $18.4M | Put options by funds: $10.9M
33% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 55
32% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 28
25% more capital invested
Capital invested by funds: $1.11B → $1.39B (+$280M)
4% more funds holding
Funds holding: 197 → 205 (+8)
0.51% less ownership
Funds ownership: 47.46% → 46.95% (-0.51%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$32.1M |
| 2 |
AG
Artal Group
Luxembourg
|
+$26.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.7M |
| 4 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$15.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Paulson & Co
New York
|
-$30.4M |
| 2 |
VanEck Associates
New York
|
-$21.8M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$20.1M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$17.8M |
| 5 |
YRHAM
Yong Rong (HK) Asset Management
Sheung Wan,
Hong Kong
|
-$7.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAS
226
Winch Advisory Services
Appleton,
Wisconsin
| – | -$16K | -2,155 | Closed |
|
|
TFS
227
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$9.11K | -900 | Closed |
|
|
DWM
228
Darwin Wealth Management
Tampa,
Florida
| – | -$5K | -800 | Closed |
|
|
WAP
229
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$4K | -540 | Closed |
|
|
FCA
230
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$4K | -500 | Closed |
|
|
RFM
231
Royal Fund Management
Lady Lake,
Florida
| – | -$3K | -500 | Closed |
|
232
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -113 | Closed |
|
NG Hedge Fund Activity: Q2 2020 in Review
205 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q2 2020, worth a combined $1.39B — up 25% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new NG positions and 28 closed out — a net gain of 9 holders — while 73 added to existing stakes and 55 trimmed.
The largest buyer was Sprott Inc, opening a new position worth an estimated $32.1M. The largest seller was Paulson & Co, cutting an estimated $30.4M.
- 205 institutional investors held NovaGold Resources (NG) as of Q2 2020, up from 197 in Q1 2020.
- Funds reported $1.39B of NovaGold Resources stock for Q2 2020, up 25% quarter-over-quarter.
- 37 funds opened new NovaGold Resources positions in Q2 2020 and 28 closed out, a net change of +9 holders.
- The largest NovaGold Resources buyer in Q2 2020 was Sprott Inc, an estimated $32.1M added.
- The largest NovaGold Resources seller in Q2 2020 was Paulson & Co, an estimated $30.4M sold.
Based on aggregated 13F filings for Q2 2020.