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NovaGold Resources
NG

183 hedge funds and large institutions have $775M invested in NovaGold Resources in 2024 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 56 increasing their positions, 47 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

251% more call options, than puts

Call options by funds: $1.35M | Put options by funds: $385K

27% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 22

19% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 47

18% more capital invested

Capital invested by funds: $657M → $775M (+$118M)

3% more funds holding

Funds holding: 177 → 183 (+6)

0.14% more ownership

Funds ownership: 56.6% → 56.74% (+0.14%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

Holders
183
Holders Change
+6
Holders Change %
+3.39%
% of All Funds
2.63%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
28
Increased
56
Reduced
47
Closed
22
Calls
$1.35M
Puts
$385K
Net Calls
+$968K
Net Calls Change
+$1.79M

Top Buyers

Rank Fund Capital Flow
1
First Eagle Investment Management
First Eagle Investment Management
New York
+$19.5M
2
LIM
Lingotto Investment Management
United Kingdom
+$3.27M
3
Vanguard Group
Vanguard Group
Pennsylvania
+$1.77M
4
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$1.71M
5
Morgan Stanley
Morgan Stanley
New York
+$1.31M

Top Sellers

Rank Fund Capital Flow
1
KGI
Kopernik Global Investors
Florida
-$13.4M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$9.6M
3
Amundi
Amundi
France
-$2.13M
4
ECP
Empyrean Capital Partners
California
-$2.05M
5
VA
Vident Advisory
Georgia
-$1.8M
Name Holding Trade Value Shares
Change 		Change in
Stake
N
26
Nuveen
North Carolina
$3.5M – – –
Jane Street
27
Jane Street
New York
$3.31M +$976K +229,777 +40%
Tudor Investment Corp
28
Tudor Investment Corp
Connecticut
$3.22M +$261K +61,388 +8%
TD Asset Management
29
TD Asset Management
Ontario, Canada
$2.8M +$1.05M +248,176 +60%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$2.74M -$968K -228,021 -25%
American Century Companies
31
American Century Companies
Missouri
$2.54M +$160K +37,706 +7%
ECP
32
Empyrean Capital Partners
California
$2.34M -$2.05M -483,000 -46%
RJA
33
Raymond James & Associates
Florida
$2.08M -$308K -72,527 -13%
Swiss National Bank
34
Swiss National Bank
Switzerland
$2.03M -$14K -3,300 -0.7%
AllianceBernstein
35
AllianceBernstein
Tennessee
$1.67M – – –
Arrowstreet Capital
36
Arrowstreet Capital
Massachusetts
$1.65M +$1.71M +401,879 New
JP Morgan Chase
37
JP Morgan Chase
New York
$1.62M +$296K +69,785 +21%
RhumbLine Advisers
38
RhumbLine Advisers
Massachusetts
$1.56M -$57.7K -13,578 -3%
SEI Investments
39
SEI Investments
Pennsylvania
$1.52M -$247K -58,207 -14%
GC
40
Guggenheim Capital
Illinois
$1.47M +$95.7K +22,538 +7%
GRA
41
Goehring & Rozencwajg Associates
New York
$1.44M +$109K +25,648 +8%
CIBC Asset Management
42
CIBC Asset Management
Ontario, Canada
$1.24M -$14.1K -3,329 -1%
Manulife (Manufacturers Life Insurance)
43
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.19M -$13.4K -3,167 -1%
Mirae Asset Global ETFs Holdings
44
Mirae Asset Global ETFs Holdings
Hong Kong
$1.18M +$26.3K +6,187 +2%
National Bank of Canada
45
National Bank of Canada
Quebec, Canada
$1.15M +$590K +138,868 +98%
RSWM
46
Robertson Stephens Wealth Management
California
$1.09M +$141K +33,312 +14%
Legal & General Group
47
Legal & General Group
United Kingdom
$1.01M +$5.23K +1,232 +0.5%
Bank of America
48
Bank of America
North Carolina
$855K +$125K +29,520 +16%
UBS AM
49
UBS AM
Illinois
$831K -$176K -41,485 -17%
AA
50
ALPS Advisors
Colorado
$817K -$24.4K -5,744 -3%
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NG Hedge Fund Activity: Q3 2024 in Review

183 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2024, worth a combined $775M — up 18% from $657M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new NG positions and 22 closed out — a net gain of 6 holders — while 56 added to existing stakes and 47 trimmed.

The largest buyer was First Eagle Investment Management, adding an estimated $19.5M. The largest seller was Kopernik Global Investors, cutting an estimated $13.4M.

  • 183 institutional investors held NovaGold Resources (NG) as of Q3 2024, up from 177 in Q2 2024.
  • Funds reported $775M of NovaGold Resources stock for Q3 2024, up 18% quarter-over-quarter.
  • 28 funds opened new NovaGold Resources positions in Q3 2024 and 22 closed out, a net change of +6 holders.
  • The largest NovaGold Resources buyer in Q3 2024 was First Eagle Investment Management, an estimated $19.5M added.
  • The largest NovaGold Resources seller in Q3 2024 was Kopernik Global Investors, an estimated $13.4M sold.

Based on aggregated 13F filings for Q3 2024.