NovaGold Resources
197 hedge funds and large institutions have $1.01B invested in NovaGold Resources in 2025 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 82 increasing their positions, 40 reducing their positions, and 18 closing their positions.
106% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 18
105% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 40
86% more capital invested
Capital invested by funds: $546M → $1.01B (+$468M)
37% more call options, than puts
Call options by funds: $1.62M | Put options by funds: $1.18M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
9% more funds holding
Funds holding: 180 → 197 (+17)
4.93% more ownership
Funds ownership: 55.87% → 60.8% (+4.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$58.6M |
| 2 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$49.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$27M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$17.2M |
| 5 |
D.E. Shaw & Co
New York
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$24.1M |
| 2 |
BPCE
Bank Pictet & Cie (Europe)
Frankfurt Am Main,
Germany
|
-$8.7M |
| 3 |
VanEck Associates
New York
|
-$1.18M |
| 4 |
Goldman Sachs
New York
|
-$890K |
| 5 |
JP Morgan Chase
New York
|
-$715K |
NG Hedge Fund Activity: Q2 2025 in Review
197 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q2 2025, worth a combined $1.01B — up 86% from $546M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new NG positions and 18 closed out — a net gain of 19 holders — while 82 added to existing stakes and 40 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $58.6M. The largest seller was First Eagle Investment Management, cutting an estimated $24.1M.
- 197 institutional investors held NovaGold Resources (NG) as of Q2 2025, up from 180 in Q1 2025.
- Funds reported $1.01B of NovaGold Resources stock for Q2 2025, up 86% quarter-over-quarter.
- 37 funds opened new NovaGold Resources positions in Q2 2025 and 18 closed out, a net change of +19 holders.
- The largest NovaGold Resources buyer in Q2 2025 was Capital World Investors, an estimated $58.6M added.
- The largest NovaGold Resources seller in Q2 2025 was First Eagle Investment Management, an estimated $24.1M sold.
Based on aggregated 13F filings for Q2 2025.