NovaGold Resources
197 hedge funds and large institutions have $1.11B invested in NovaGold Resources in 2020 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 58 increasing their positions, 57 reducing their positions, and 20 closing their positions.
71% more call options, than puts
Call options by funds: $7.17M | Put options by funds: $4.2M
65% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 20
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
4% more funds holding
Funds holding: 189 → 197 (+8)
2% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 57
4.18% less ownership
Funds ownership: 51.64% → 47.46% (-4.2%)
27% less capital invested
Capital invested by funds: $1.51B → $1.11B (-$408M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YRHAM
Yong Rong (HK) Asset Management
Sheung Wan,
Hong Kong
|
+$59.3M |
| 2 |
PC
Paulson & Co
New York
|
+$27.6M |
| 3 |
BlackRock
New York
|
+$7.23M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.89M |
| 5 |
JG
Jefferies Group
New York
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$66.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$28.9M |
| 3 |
Morgan Stanley
New York
|
-$27.1M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$16.4M |
| 5 |
PC
Polar Capital
London,
United Kingdom
|
-$12.3M |
NG Hedge Fund Activity: Q1 2020 in Review
197 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q1 2020, worth a combined $1.11B — down 27% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new NG positions and 20 closed out — a net gain of 13 holders — while 58 added to existing stakes and 57 trimmed.
The largest buyer was Yong Rong (HK) Asset Management, adding an estimated $59.3M. The largest seller was Tocqueville Asset Management, exiting entirely with an estimated $66.7M sold.
- 197 institutional investors held NovaGold Resources (NG) as of Q1 2020, up from 189 in Q4 2019.
- Funds reported $1.11B of NovaGold Resources stock for Q1 2020, down 27% quarter-over-quarter.
- 33 funds opened new NovaGold Resources positions in Q1 2020 and 20 closed out, a net change of +13 holders.
- The largest NovaGold Resources buyer in Q1 2020 was Yong Rong (HK) Asset Management, an estimated $59.3M added.
- The largest NovaGold Resources seller in Q1 2020 was Tocqueville Asset Management, an estimated $66.7M sold.
Based on aggregated 13F filings for Q1 2020.