NovaGold Resources
142 hedge funds and large institutions have $573M invested in NovaGold Resources in 2017 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 36 increasing their positions, 36 reducing their positions, and 13 closing their positions.
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
4% more funds holding
Funds holding: 137 → 142 (+5)
0% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 36
0.55% less ownership
Funds ownership: 43.82% → 43.27% (-0.55%)
11% less capital invested
Capital invested by funds: $642M → $573M (-$69.5M)
30% less call options, than puts
Call options by funds: $3.16M | Put options by funds: $4.5M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$4.48M |
| 2 |
Millennium Management
New York
|
+$2.65M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$2.63M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$2.61M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$2.52M |
Top Sellers
| 1 |
PE
Point72 Europe
London,
United Kingdom
|
-$11.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.14M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.79M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
-$2.13M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.09M |
NG Hedge Fund Activity: Q3 2017 in Review
142 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2017, worth a combined $573M — down 11% from $642M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NG positions and 13 closed out — a net gain of 7 holders — while 36 added to existing stakes and 36 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.48M. The largest seller was Point72 Europe, exiting entirely with an estimated $11.6M sold.
- 142 institutional investors held NovaGold Resources (NG) as of Q3 2017, up from 137 in Q2 2017.
- Funds reported $573M of NovaGold Resources stock for Q3 2017, down 11% quarter-over-quarter.
- 20 funds opened new NovaGold Resources positions in Q3 2017 and 13 closed out, a net change of +7 holders.
- The largest NovaGold Resources buyer in Q3 2017 was Morgan Stanley, an estimated $4.48M added.
- The largest NovaGold Resources seller in Q3 2017 was Point72 Europe, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2017.