NovaGold Resources
113 hedge funds and large institutions have $384M invested in NovaGold Resources in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 30 increasing their positions, 42 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
8% more funds holding
Funds holding: 105 → 113 (+8)
5% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $1.07M
1% more capital invested
Capital invested by funds: $381M → $384M (+$3.7M)
0.26% more ownership
Funds ownership: 40.67% → 40.93% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
29% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.39M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.21M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.75M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$2.25M |
| 5 |
LCS
Levin Capital Strategies
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$3.5M |
| 2 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$1.71M |
| 3 |
LC
Loews Corp
New York
|
-$1.67M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$1.66M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.65M |
NG Hedge Fund Activity: Q1 2015 in Review
113 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q1 2015, worth a combined $384M — up 0.97% from $381M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NG positions and 9 closed out — a net gain of 8 holders — while 30 added to existing stakes and 42 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $7.39M. The largest seller was Kopernik Global Investors, cutting an estimated $3.5M.
- 113 institutional investors held NovaGold Resources (NG) as of Q1 2015, up from 105 in Q4 2014.
- Funds reported $384M of NovaGold Resources stock for Q1 2015, up 0.97% quarter-over-quarter.
- 17 funds opened new NovaGold Resources positions in Q1 2015 and 9 closed out, a net change of +8 holders.
- The largest NovaGold Resources buyer in Q1 2015 was Vanguard Group, an estimated $7.39M added.
- The largest NovaGold Resources seller in Q1 2015 was Kopernik Global Investors, an estimated $3.5M sold.
Based on aggregated 13F filings for Q1 2015.