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NovaGold Resources
NG

175 hedge funds and large institutions have $707M invested in NovaGold Resources in 2023 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 63 increasing their positions, 52 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 52

1.14% more ownership

Funds ownership: 55.42% → 56.56% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 5 → 5 (0)

1% less capital invested

Capital invested by funds: $711M → $707M (-$4.28M)

5% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 21

1% less funds holding

Funds holding: 177 → 175 (-2)

53% less call options, than puts

Call options by funds: $574K | Put options by funds: $1.23M

Holders
175
Holders Change
-2
Holders Change %
-1.13%
% of All Funds
2.55%
Holding in Top 10
5
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.07%
New
20
Increased
63
Reduced
52
Closed
21
Calls
$574K
Puts
$1.23M
Net Calls
-$654K
Net Calls Change
+$464K

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$5.06M
2
PC
Paulson & Co
New York
+$4.94M
3
BlackRock
BlackRock
New York
+$3.62M
4
Barclays
Barclays
United Kingdom
+$3.04M
5
KGI
Kopernik Global Investors
Florida
+$2.65M

Top Sellers

Rank Fund Capital Flow
1
SVG
Sun Valley Gold
Idaho
-$6.04M
2
AA
ALPS Advisors
Colorado
-$3.73M
3
Fidelity Investments
Fidelity Investments
Massachusetts
-$2.13M
4
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
-$2.03M
5
JP Morgan Chase
JP Morgan Chase
New York
-$1.36M
Name Holding Trade Value Shares
Change 		Change in
Stake
State Board of Administration of Florida Retirement System
76
State Board of Administration of Florida Retirement System
Florida
$336K – – –
Balyasny Asset Management
77
Balyasny Asset Management
Illinois
$330K +$331K +88,190 New
AIMCA
78
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$321K – – –
AA
79
ALPS Advisors
Colorado
$310K -$3.73M -992,680 -92%
SFA
80
Sequoia Financial Advisors
Ohio
$302K -$1.05K -279 -0.3%
New York State Common Retirement Fund
81
New York State Common Retirement Fund
New York
$283K -$5.38K -1,435 -2%
HSBC Holdings
82
HSBC Holdings
United Kingdom
$276K +$79K +21,059 +40%
Toronto Dominion Bank
83
Toronto Dominion Bank
Ontario, Canada
$272K -$751 -200 -0.3%
Wells Fargo
84
Wells Fargo
California
$257K +$52.9K +14,084 +26%
Tudor Investment Corp
85
Tudor Investment Corp
Connecticut
$245K -$133K -35,385 -35%
KIC
86
Keating Investment Counselors
Florida
$228K – – –
Citigroup
87
Citigroup
New York
$223K +$125K +33,329 +128%
T. Rowe Price Associates
88
T. Rowe Price Associates
Maryland
$220K +$16K +4,272 +8%
Zurich Cantonal Bank
89
Zurich Cantonal Bank
Switzerland
$209K – – –
VF
90
Virtu Financial
New York
$205K +$205K +54,752 New
SWM
91
Spire Wealth Management
Virginia
$160K +$563 +150 +0.3%
ProShare Advisors
92
ProShare Advisors
Maryland
$150K +$32.3K +8,617 +27%
California State Teachers Retirement System (CalSTRS)
93
California State Teachers Retirement System (CalSTRS)
California
$149K -$50.9K -13,562 -25%
FSA
94
Fort Sheridan Advisors
Illinois
$142K – – –
AB
95
Amalgamated Bank
New York
$128K -$9.14K -2,436 -7%
NEI
96
Northwest & Ethical Investments
Ontario, Canada
$128K +$2.91K +775 +2%
FDCDDQ
97
Federation des caisses Desjardins du Quebec
Quebec, Canada
$125K – – –
EWA
98
Exencial Wealth Advisors
Oklahoma
$123K – – –
TRCT
99
Tower Research Capital (TRC)
New York
$122K +$43.2K +11,506 +54%
Pictet Asset Management
100
Pictet Asset Management
Switzerland
$120K – – –
2 3
4
5 6

NG Hedge Fund Activity: Q4 2023 in Review

175 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2023, worth a combined $707M — down 0.6% from $711M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of NG and 20 opened new positions — a net loss of 1 holder — while 52 trimmed existing stakes and 63 added.

The largest buyer was Morgan Stanley, adding an estimated $5.06M. The largest seller was Sun Valley Gold, cutting an estimated $6.04M.

  • 175 institutional investors held NovaGold Resources (NG) as of Q4 2023, down from 177 in Q3 2023.
  • Funds reported $707M of NovaGold Resources stock for Q4 2023, down 0.6% quarter-over-quarter.
  • 20 funds opened new NovaGold Resources positions in Q4 2023 and 21 closed out, a net change of -1 holder.
  • The largest NovaGold Resources buyer in Q4 2023 was Morgan Stanley, an estimated $5.06M added.
  • The largest NovaGold Resources seller in Q4 2023 was Sun Valley Gold, an estimated $6.04M sold.

Based on aggregated 13F filings for Q4 2023.