NovaGold Resources
125 hedge funds and large institutions have $487M invested in NovaGold Resources in 2014 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 33 increasing their positions, 47 reducing their positions, and 14 closing their positions.
46% more call options, than puts
Call options by funds: $7.28M | Put options by funds: $4.99M
31% more capital invested
Capital invested by funds: $372M → $487M (+$115M)
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
3.92% more ownership
Funds ownership: 32.49% → 36.41% (+3.9%)
1% more funds holding
Funds holding: 124 → 125 (+1)
30% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 47
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$30.5M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$7.73M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$7.04M |
| 4 |
O
OppenheimerFunds
New York
|
+$6.04M |
| 5 |
SCM
Steadfast Capital Management
New York
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$3.03M |
| 2 |
Renaissance Technologies
New York
|
-$2.36M |
| 3 |
Goldman Sachs
New York
|
-$2.35M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.68M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.63M |
NG Hedge Fund Activity: Q2 2014 in Review
125 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q2 2014, worth a combined $487M — up 31% from $372M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NG positions and 14 closed out — a net gain of 2 holders — while 33 added to existing stakes and 47 trimmed.
The largest buyer was Tocqueville Asset Management, opening a new position worth an estimated $30.5M. The largest seller was Boston Partners, cutting an estimated $3.03M.
- 125 institutional investors held NovaGold Resources (NG) as of Q2 2014, up from 124 in Q1 2014.
- Funds reported $487M of NovaGold Resources stock for Q2 2014, up 31% quarter-over-quarter.
- 16 funds opened new NovaGold Resources positions in Q2 2014 and 14 closed out, a net change of +2 holders.
- The largest NovaGold Resources buyer in Q2 2014 was Tocqueville Asset Management, an estimated $30.5M added.
- The largest NovaGold Resources seller in Q2 2014 was Boston Partners, an estimated $3.03M sold.
Based on aggregated 13F filings for Q2 2014.