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NovaGold Resources
NG

175 hedge funds and large institutions have $707M invested in NovaGold Resources in 2023 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 63 increasing their positions, 52 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 52

1.14% more ownership

Funds ownership: 55.42% → 56.56% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 5 → 5 (0)

1% less capital invested

Capital invested by funds: $711M → $707M (-$4.28M)

5% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 21

1% less funds holding

Funds holding: 177 → 175 (-2)

53% less call options, than puts

Call options by funds: $574K | Put options by funds: $1.23M

Holders
175
Holders Change
-2
Holders Change %
-1.13%
% of All Funds
2.55%
Holding in Top 10
5
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.07%
New
20
Increased
63
Reduced
52
Closed
21
Calls
$574K
Puts
$1.23M
Net Calls
-$654K
Net Calls Change
+$464K

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$5.06M
2
PC
Paulson & Co
New York
+$4.94M
3
BlackRock
BlackRock
New York
+$3.62M
4
Barclays
Barclays
United Kingdom
+$3.04M
5
KGI
Kopernik Global Investors
Florida
+$2.65M

Top Sellers

Rank Fund Capital Flow
1
SVG
Sun Valley Gold
Idaho
-$6.04M
2
AA
ALPS Advisors
Colorado
-$3.73M
3
Fidelity Investments
Fidelity Investments
Massachusetts
-$2.13M
4
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
-$2.03M
5
JP Morgan Chase
JP Morgan Chase
New York
-$1.36M
Name Holding Trade Value Shares
Change 		Change in
Stake
N
26
Nuveen
North Carolina
$3.32M +$908K +241,952 +37%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$2.63M +$4.16K +1,108 +0.2%
SVG
28
Sun Valley Gold
Idaho
$2.57M -$6.04M -1,610,498 -70%
TD Asset Management
29
TD Asset Management
Ontario, Canada
$2.37M +$11.1K +2,966 +0.5%
Charles Schwab
30
Charles Schwab
California
$2.11M +$1.12K +299 +0.1%
UBS Group
31
UBS Group
Switzerland
$1.89M -$60.7K -16,179 -3%
Swiss National Bank
32
Swiss National Bank
Switzerland
$1.86M -$209K -55,700 -10%
JP Morgan Chase
33
JP Morgan Chase
New York
$1.85M -$1.36M -363,226 -42%
Goldman Sachs
34
Goldman Sachs
New York
$1.54M +$467K +124,498 +43%
AllianceBernstein
35
AllianceBernstein
Tennessee
$1.4M -$45.1K -12,010 -3%
RJA
36
Raymond James & Associates
Florida
$1.36M +$298K +79,361 +28%
RhumbLine Advisers
37
RhumbLine Advisers
Massachusetts
$1.28M +$47.7K +12,710 +4%
D.E. Shaw & Co
38
D.E. Shaw & Co
New York
$1.27M +$587K +156,354 +86%
LCS
39
Levin Capital Strategies
New York
$1.26M -$18.8K -5,000 -1%
Bank of America
40
Bank of America
North Carolina
$1.26M +$473K +126,007 +60%
SEI Investments
41
SEI Investments
Pennsylvania
$1.19M -$7.08K -1,886 -0.6%
GC
42
Guggenheim Capital
Illinois
$1.13M +$254K +67,580 +29%
Mirae Asset Global Investments
43
Mirae Asset Global Investments
South Korea
$1.05M -$14.3K -3,813 -1%
CS
44
Credit Suisse
Switzerland
$1.03M +$125K +33,323 +14%
Jane Street
45
Jane Street
New York
$1.02M +$857K +228,492 +519%
GRA
46
Goehring & Rozencwajg Associates
New York
$1.01M +$39.4K +10,505 +4%
Manulife (Manufacturers Life Insurance)
47
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1M -$5.94K -1,583 -0.6%
BNP Paribas Financial Markets
48
BNP Paribas Financial Markets
France
$982K -$112K -29,925 -10%
MAM
49
Martingale Asset Management
Massachusetts
$979K – – –
Millennium Management
50
Millennium Management
New York
$943K +$858K +228,590 +971%
1
2
3 4 5

NG Hedge Fund Activity: Q4 2023 in Review

175 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2023, worth a combined $707M — down 0.6% from $711M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of NG and 20 opened new positions — a net loss of 1 holder — while 52 trimmed existing stakes and 63 added.

The largest buyer was Morgan Stanley, adding an estimated $5.06M. The largest seller was Sun Valley Gold, cutting an estimated $6.04M.

  • 175 institutional investors held NovaGold Resources (NG) as of Q4 2023, down from 177 in Q3 2023.
  • Funds reported $707M of NovaGold Resources stock for Q4 2023, down 0.6% quarter-over-quarter.
  • 20 funds opened new NovaGold Resources positions in Q4 2023 and 21 closed out, a net change of -1 holder.
  • The largest NovaGold Resources buyer in Q4 2023 was Morgan Stanley, an estimated $5.06M added.
  • The largest NovaGold Resources seller in Q4 2023 was Sun Valley Gold, an estimated $6.04M sold.

Based on aggregated 13F filings for Q4 2023.