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NovaGold Resources

135 hedge funds and large institutions have $825M invested in NovaGold Resources in 2016 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 37 increasing their positions, 48 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 18

2% more funds holding

Funds holding: 132135 (+3)

1.36% less ownership

Funds ownership: 47.67%46.31% (-1.4%)

12% less capital invested

Capital invested by funds: $934M → $825M (-$109M)

23% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 48

38% less call options, than puts

Call options by funds: $3.44M | Put options by funds: $5.51M

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
135
Holders Change
+3
Holders Change %
+2.27%
% of All Funds
3.6%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
23
Increased
37
Reduced
48
Closed
18
Calls
$3.44M
Puts
$5.51M
Net Calls
-$2.07M
Net Calls Change
-$2.14M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
101
Parsons Capital Management
Rhode Island
$84K +$93K +14,965 New
BIM
102
Bridges Investment Management
Nebraska
$84K +$93.3K +15,000 New
LPL Financial
103
LPL Financial
California
$83K +$34.5K +5,552 +48%
OMC
104
Old Mission Capital
Illinois
$82K -$115K -18,454 -56%
JG
105
Jefferies Group
New York
$79K +$87.2K +14,025 New
LC
106
Loews Corp
New York
$74K
Bank of New York Mellon
107
Bank of New York Mellon
New York
$69K +$7.74K +1,244 +11%
Simplex Trading
108
Simplex Trading
Illinois
$68K -$104K -16,761 -58%
Comerica Bank
109
Comerica Bank
Texas
$68K -$6.7K -1,078 -6%
OCM
110
Osterweis Capital Management
California
$68K
EWM
111
Edge Wealth Management
New York
$57K +$52.8K +8,500 +531%
TIA
112
Trust Investment Advisors
Indiana
$56K
TRCT
113
Tower Research Capital (TRC)
New York
$38K +$31K +4,992 +1,621%
AII
114
AGF Investments Inc
Ontario, Canada
$37K
SA
115
SRH Advisors
Kansas
$34K
PNC Financial Services Group
116
PNC Financial Services Group
Pennsylvania
$32K +$24.4K +3,920 +245%
VCM
117
Versant Capital Management
Arizona
$22K
ST
118
Spot Trading
Illinois
$22K +$24.2K +3,900 New
WAS
119
Winch Advisory Services
Wisconsin
$21K
GWM
120
Geneos Wealth Management
Colorado
$20K +$7.46K +1,200 +48%
MFS
121
MSI Financial Services
Massachusetts
$13K +$230 +37 +2%
WTB
122
Washington Trust Bank
Washington
$9K
US Bancorp
123
US Bancorp
Minnesota
$9K +$8.71K +1,400 +583%
HNB
124
Huntington National Bank
Ohio
$6K
GAM
125
Gemmer Asset Management
California
$4K

NG Hedge Fund Activity: Q3 2016 in Review

135 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2016, worth a combined $825M — down 12% from $934M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new NG positions and 18 closed out — a net gain of 5 holders — while 37 added to existing stakes and 48 trimmed.

The largest buyer was VanEck Associates, adding an estimated $41.6M. The largest seller was Fidelity Investments, cutting an estimated $28M.

  • 135 institutional investors held NovaGold Resources (NG) as of Q3 2016, up from 132 in Q2 2016.
  • Funds reported $825M of NovaGold Resources stock for Q3 2016, down 12% quarter-over-quarter.
  • 23 funds opened new NovaGold Resources positions in Q3 2016 and 18 closed out, a net change of +5 holders.
  • The largest NovaGold Resources buyer in Q3 2016 was VanEck Associates, an estimated $41.6M added.
  • The largest NovaGold Resources seller in Q3 2016 was Fidelity Investments, an estimated $28M sold.

Based on aggregated 13F filings for Q3 2016.