NovaGold Resources
144 hedge funds and large institutions have $551M invested in NovaGold Resources in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 38 increasing their positions, 31 reducing their positions, and 15 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
114% more call options, than puts
Call options by funds: $2.94M | Put options by funds: $1.37M
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
23% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 31
10% more funds holding
Funds holding: 131 → 144 (+13)
2% more capital invested
Capital invested by funds: $542M → $551M (+$8.78M)
2.17% less ownership
Funds ownership: 45.35% → 43.18% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13.3M |
| 2 |
MCM
Moore Capital Management
New York
|
+$7.19M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$7.11M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.23M |
| 5 |
First Eagle Investment Management
New York
|
+$4.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$50M |
| 2 |
VanEck Associates
New York
|
-$14.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.98M |
| 4 |
Morgan Stanley
New York
|
-$3.49M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.02M |
NG Hedge Fund Activity: Q4 2018 in Review
144 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2018, worth a combined $551M — up 1.6% from $542M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NG positions and 15 closed out — a net gain of 13 holders — while 38 added to existing stakes and 31 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $13.3M. The largest seller was Baupost Group, exiting entirely with an estimated $50M sold.
- 144 institutional investors held NovaGold Resources (NG) as of Q4 2018, up from 131 in Q3 2018.
- Funds reported $551M of NovaGold Resources stock for Q4 2018, up 1.6% quarter-over-quarter.
- 28 funds opened new NovaGold Resources positions in Q4 2018 and 15 closed out, a net change of +13 holders.
- The largest NovaGold Resources buyer in Q4 2018 was Royal Bank of Canada, an estimated $13.3M added.
- The largest NovaGold Resources seller in Q4 2018 was Baupost Group, an estimated $50M sold.
Based on aggregated 13F filings for Q4 2018.