NovaGold Resources
189 hedge funds and large institutions have $1.51B invested in NovaGold Resources in 2019 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 55 increasing their positions, 50 reducing their positions, and 13 closing their positions.
240% more call options, than puts
Call options by funds: $15.5M | Put options by funds: $4.57M
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
169% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 13
58% more capital invested
Capital invested by funds: $954M → $1.51B (+$558M)
13% more funds holding
Funds holding: 167 → 189 (+22)
10% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 50
3.37% more ownership
Funds ownership: 48.27% → 51.64% (+3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Polar Capital
London,
United Kingdom
|
+$14M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$12.6M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
+$5.31M |
| 4 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$5.15M |
| 5 |
Morgan Stanley
New York
|
+$4.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$7.76M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$6.5M |
| 3 |
Goldman Sachs
New York
|
-$4.97M |
| 4 |
Renaissance Technologies
New York
|
-$4.57M |
| 5 |
ClearBridge Investments
New York
|
-$3.6M |
NG Hedge Fund Activity: Q4 2019 in Review
189 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2019, worth a combined $1.51B — up 58% from $954M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new NG positions and 13 closed out — a net gain of 22 holders — while 55 added to existing stakes and 50 trimmed.
The largest buyer was Polar Capital, opening a new position worth an estimated $14M. The largest seller was Russell Investments Group, cutting an estimated $7.76M.
- 189 institutional investors held NovaGold Resources (NG) as of Q4 2019, up from 167 in Q3 2019.
- Funds reported $1.51B of NovaGold Resources stock for Q4 2019, up 58% quarter-over-quarter.
- 35 funds opened new NovaGold Resources positions in Q4 2019 and 13 closed out, a net change of +22 holders.
- The largest NovaGold Resources buyer in Q4 2019 was Polar Capital, an estimated $14M added.
- The largest NovaGold Resources seller in Q4 2019 was Russell Investments Group, an estimated $7.76M sold.
Based on aggregated 13F filings for Q4 2019.