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NovaGold Resources
NG

177 hedge funds and large institutions have $711M invested in NovaGold Resources in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 56 increasing their positions, 52 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 52

0% more funds holding in top 10

Funds holding in top 10: 5 → 5 (0)

0.3% less ownership

Funds ownership: 55.72% → 55.42% (-0.3%)

4% less capital invested

Capital invested by funds: $743M → $711M (-$32.5M)

3% less funds holding

Funds holding: 182 → 177 (-5)

16% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 25

83% less call options, than puts

Call options by funds: $228K | Put options by funds: $1.35M

Holders
177
Holders Change
-5
Holders Change %
-2.75%
% of All Funds
2.81%
Holding in Top 10
5
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.08%
New
21
Increased
56
Reduced
52
Closed
25
Calls
$228K
Puts
$1.35M
Net Calls
-$1.12M
Net Calls Change
-$1.47M

Top Buyers

Rank Fund Capital Flow
1
VanEck Associates
VanEck Associates
New York
+$3.78M
2
SVG
Sun Valley Gold
Idaho
+$3.71M
3
N
Nuveen
North Carolina
+$2.71M
4
Invesco
Invesco
Georgia
+$2.24M
5
Amundi
Amundi
France
+$1.46M

Top Sellers

Rank Fund Capital Flow
1
KGI
Kopernik Global Investors
Florida
-$7.05M
2
Citadel Advisors
Citadel Advisors
Florida
-$4.2M
3
Norges Bank
Norges Bank
Norway
-$4.13M
4
OWIM
Old West Investment Management
California
-$3.25M
5
American Century Companies
American Century Companies
Missouri
-$1.11M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$2.7M -$24.4K -5,801 -0.8%
Invesco
27
Invesco
Georgia
$2.55M +$2.24M +534,033 +414%
N
28
Nuveen
North Carolina
$2.48M +$2.71M +645,997 New
TD Asset Management
29
TD Asset Management
Ontario, Canada
$2.42M -$102K -24,200 -4%
Charles Schwab
30
Charles Schwab
California
$2.16M +$26.4K +6,274 +1%
Swiss National Bank
31
Swiss National Bank
Switzerland
$2.13M – – –
Public Sector Pension Investment Board (PSP Investments)
32
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.03M +$18.8K +4,471 +0.9%
UBS Group
33
UBS Group
Switzerland
$2M -$675K -160,624 -24%
AllianceBernstein
34
AllianceBernstein
Tennessee
$1.49M +$196K +46,627 +14%
VA
35
Vident Advisory
Georgia
$1.37M +$1.49M +355,541 New
LCS
36
Levin Capital Strategies
New York
$1.31M +$107K +25,445 +8%
RhumbLine Advisers
37
RhumbLine Advisers
Massachusetts
$1.26M -$235K -56,064 -15%
SEI Investments
38
SEI Investments
Pennsylvania
$1.23M – – –
BNP Paribas Financial Markets
39
BNP Paribas Financial Markets
France
$1.12M +$584K +139,117 +91%
Goldman Sachs
40
Goldman Sachs
New York
$1.1M -$580K -138,079 -33%
Mirae Asset Global Investments
41
Mirae Asset Global Investments
South Korea
$1.09M -$10.1K -2,408 -0.8%
RJA
42
Raymond James & Associates
Florida
$1.09M +$214K +50,996 +22%
Manulife (Manufacturers Life Insurance)
43
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.04M +$5.46K +1,301 +0.5%
MAM
44
Martingale Asset Management
Massachusetts
$1.01M +$25 +6 +0%
GRA
45
Goehring & Rozencwajg Associates
New York
$994K +$38.4K +9,150 +4%
CS
46
Credit Suisse
Switzerland
$930K -$56.2K -13,385 -5%
GC
47
Guggenheim Capital
Illinois
$898K -$301K -71,738 -23%
CIBC Asset Management
48
CIBC Asset Management
Ontario, Canada
$890K +$23.5K +5,605 +2%
Barclays
49
Barclays
United Kingdom
$838K -$29.6K -7,036 -3%
Legal & General Group
50
Legal & General Group
United Kingdom
$828K +$958 +228 +0.1%
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NG Hedge Fund Activity: Q3 2023 in Review

177 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2023, worth a combined $711M — down 4.4% from $743M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of NG and 21 opened new positions — a net loss of 4 holders — while 52 trimmed existing stakes and 56 added.

The largest buyer was VanEck Associates, adding an estimated $3.78M. The largest seller was Kopernik Global Investors, cutting an estimated $7.05M.

  • 177 institutional investors held NovaGold Resources (NG) as of Q3 2023, down from 182 in Q2 2023.
  • Funds reported $711M of NovaGold Resources stock for Q3 2023, down 4.4% quarter-over-quarter.
  • 21 funds opened new NovaGold Resources positions in Q3 2023 and 25 closed out, a net change of -4 holders.
  • The largest NovaGold Resources buyer in Q3 2023 was VanEck Associates, an estimated $3.78M added.
  • The largest NovaGold Resources seller in Q3 2023 was Kopernik Global Investors, an estimated $7.05M sold.

Based on aggregated 13F filings for Q3 2023.