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NovaGold Resources

183 hedge funds and large institutions have $775M invested in NovaGold Resources in 2024 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 56 increasing their positions, 47 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

251% more call options, than puts

Call options by funds: $1.35M | Put options by funds: $385K

27% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 22

19% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 47

18% more capital invested

Capital invested by funds: $657M → $775M (+$118M)

3% more funds holding

Funds holding: 177183 (+6)

0.14% more ownership

Funds ownership: 56.6%56.74% (+0.14%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
183
Holders Change
+6
Holders Change %
+3.39%
% of All Funds
2.63%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
28
Increased
56
Reduced
47
Closed
22
Calls
$1.35M
Puts
$385K
Net Calls
+$968K
Net Calls Change
+$1.79M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
76
Millennium Management
New York
$254K +$177K +41,614 +205%
Susquehanna International Group
77
Susquehanna International Group
Pennsylvania
$250K -$669K -157,623 -72%
Royal Bank of Canada
78
Royal Bank of Canada
Ontario, Canada
$244K +$5.46K +1,285 +2%
AIMCA
79
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$235K -$120K -28,300 -33%
DTL
80
Dynamic Technology Lab
Singapore
$223K +$232K +54,581 New
New York State Common Retirement Fund
81
New York State Common Retirement Fund
New York
$219K -$103K -24,300 -31%
Citadel Advisors
82
Citadel Advisors
Florida
$216K -$263K -61,984 -54%
Creative Planning
83
Creative Planning
Kansas
$211K -$27.2K -6,413 -11%
SFS
84
Sowell Financial Services
Arkansas
$207K +$214K +50,500 New
ProShare Advisors
85
ProShare Advisors
Maryland
$189K +$58.1K +13,684 +42%
SWM
86
Spire Wealth Management
Virginia
$183K
IIM
87
INTECH Investment Management
Florida
$182K +$188K +44,306 New
XT
88
XTX Topco
Cayman Islands
$172K +$61.1K +14,397 +52%
QFA
89
Quattro Financial Advisors
Texas
$168K
HSBC Holdings
90
HSBC Holdings
United Kingdom
$150K -$195K -45,834 -55%
PWPS
91
Pinnacle Wealth Planning Services
Ohio
$147K
Pictet Asset Management
92
Pictet Asset Management
Switzerland
$144K
HF
93
HRT Financial
New York
$139K +$144K +33,987 New
Commonwealth Equity Services
94
Commonwealth Equity Services
Massachusetts
$137K +$2.63K +620 +2%
EWA
95
Exencial Wealth Advisors
Oklahoma
$134K
FCM
96
Firestone Capital Management
Florida
$130K
BCM
97
Barometer Capital Management
Ontario, Canada
$122K -$104K -24,500 -53%
Point72 Asset Management
98
Point72 Asset Management
Connecticut
$121K +$126K +29,595 New
EGM
99
Engineers Gate Manager
New York
$116K +$42.3K +9,970 +55%
PNC Financial Services Group
100
PNC Financial Services Group
Pennsylvania
$105K +$7.58K +1,785 +7%

NG Hedge Fund Activity: Q3 2024 in Review

183 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2024, worth a combined $775M — up 18% from $657M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new NG positions and 22 closed out — a net gain of 6 holders — while 56 added to existing stakes and 47 trimmed.

The largest buyer was First Eagle Investment Management, adding an estimated $19.5M. The largest seller was Kopernik Global Investors, cutting an estimated $13.4M.

  • 183 institutional investors held NovaGold Resources (NG) as of Q3 2024, up from 177 in Q2 2024.
  • Funds reported $775M of NovaGold Resources stock for Q3 2024, up 18% quarter-over-quarter.
  • 28 funds opened new NovaGold Resources positions in Q3 2024 and 22 closed out, a net change of +6 holders.
  • The largest NovaGold Resources buyer in Q3 2024 was First Eagle Investment Management, an estimated $19.5M added.
  • The largest NovaGold Resources seller in Q3 2024 was Kopernik Global Investors, an estimated $13.4M sold.

Based on aggregated 13F filings for Q3 2024.