NovaGold Resources
172 hedge funds and large institutions have $644M invested in NovaGold Resources in 2024 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 62 increasing their positions, 44 reducing their positions, and 22 closing their positions.
543% more call options, than puts
Call options by funds: $1.93M | Put options by funds: $301K
41% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 44
0.96% more ownership
Funds ownership: 56.74% → 57.7% (+0.96%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 183 → 172 (-11)
17% less capital invested
Capital invested by funds: $775M → $644M (-$131M)
41% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$11.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.03M |
| 3 |
BlackRock
New York
|
+$3.83M |
| 4 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$2.48M |
| 5 |
Goldman Sachs
New York
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.41M |
| 2 |
Jane Street
New York
|
-$2.21M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.65M |
| 4 |
VanEck Associates
New York
|
-$1.19M |
| 5 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$1.08M |
NG Hedge Fund Activity: Q4 2024 in Review
172 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2024, worth a combined $644M — down 17% from $775M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NG and 13 opened new positions — a net loss of 9 holders — while 44 trimmed existing stakes and 62 added.
The largest buyer was Kopernik Global Investors, adding an estimated $11.3M. The largest seller was Fidelity Investments, cutting an estimated $9.41M.
- 172 institutional investors held NovaGold Resources (NG) as of Q4 2024, down from 183 in Q3 2024.
- Funds reported $644M of NovaGold Resources stock for Q4 2024, down 17% quarter-over-quarter.
- 13 funds opened new NovaGold Resources positions in Q4 2024 and 22 closed out, a net change of -9 holders.
- The largest NovaGold Resources buyer in Q4 2024 was Kopernik Global Investors, an estimated $11.3M added.
- The largest NovaGold Resources seller in Q4 2024 was Fidelity Investments, an estimated $9.41M sold.
Based on aggregated 13F filings for Q4 2024.