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NovaGold Resources
NG

179 hedge funds and large institutions have $1.14B invested in NovaGold Resources in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 61 increasing their positions, 44 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

444% more call options, than puts

Call options by funds: $837K | Put options by funds: $154K

39% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 44

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

0.33% less ownership

Funds ownership: 55.18% → 54.85% (-0.33%)

1% less capital invested

Capital invested by funds: $1.14B → $1.14B (-$6.58M)

4% less funds holding

Funds holding: 187 → 179 (-8)

26% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 23

Holders
179
Holders Change
-8
Holders Change %
-4.28%
% of All Funds
2.85%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
17
Increased
61
Reduced
44
Closed
23
Calls
$837K
Puts
$154K
Net Calls
+$683K
Net Calls Change
-$620K

Top Buyers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
+$3.3M
2
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
+$2.99M
3
UBS Group
UBS Group
Switzerland
+$1.76M
4
American Century Companies
American Century Companies
Missouri
+$1.55M
5
CSS
Cubist Systematic Strategies
Connecticut
+$1.47M

Top Sellers

Rank Fund Capital Flow
1
DPRC
Deer Park Road Corp
Colorado
-$10.8M
2
VanEck Associates
VanEck Associates
New York
-$4.11M
3
JP
JNE Partners
United Kingdom
-$3.94M
4
Renaissance Technologies
Renaissance Technologies
New York
-$1.95M
5
First Eagle Investment Management
First Eagle Investment Management
New York
-$1.28M
Name Holding Trade Value Shares
Change 		Change in
Stake
E
101
Ergoteles
New York
$206K +$202K +33,123 New
Squarepoint
102
Squarepoint
New York
$198K +$58.5K +9,604 +43%
FTDI
103
First Trust Direct Indexing
Massachusetts
$188K -$517 -85 -0.3%
PAMS
104
Pictet Asset Management (Switzerland)
Switzerland
$185K – – –
Cerity Partners
105
Cerity Partners
New York
$176K +$172K +28,255 New
ProShare Advisors
106
ProShare Advisors
Maryland
$175K +$171K +28,151 New
Principal Financial Group
107
Principal Financial Group
Iowa
$163K -$13.7K -2,259 -8%
MCCP
108
Mission Creek Capital Partners
California
$152K – – –
PA
109
Profund Advisors
Maryland
$151K +$8.2K +1,347 +6%
Osaic Holdings
110
Osaic Holdings
Arizona
$149K -$3.17K -521 -2%
XT
111
XTX Topco
Cayman Islands
$146K +$143K +23,420 New
POIA
112
Pin Oak Investment Advisors
Texas
$143K – – –
SAM
113
Shell Asset Management
Netherlands
$139K +$25K +4,100 +22%
Mariner
114
Mariner
Kansas
$130K +$18.1K +2,977 +17%
ECM
115
ExodusPoint Capital Management
New York
$129K +$126K +20,677 New
BPA
116
Beacon Pointe Advisors
California
$128K +$125K +20,600 New
ICM
117
Islay Capital Management
Texas
$124K – – –
AIM
118
Aigen Investment Management
New York
$121K +$119K +19,519 New
AIP
119
Ameritas Investment Partners
Nebraska
$120K – – –
WJWM
120
Williams Jones Wealth Management
New York
$118K – – –
BRWA
121
B. Riley Wealth Advisors
Florida
$112K – – –
QPBE
122
Quintet Private Bank (Europe)
Luxembourg
$108K +$106K +17,484 New
DIA
123
Dana Investment Advisors
Wisconsin
$108K – – –
CLOS
124
Compagnie Lombard Odier SCmA
Switzerland
$102K – – –
Franklin Resources
125
Franklin Resources
California
$101K -$15.7K -2,576 -14%
3 4
5
6 7

NG Hedge Fund Activity: Q1 2023 in Review

179 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q1 2023, worth a combined $1.14B — down 0.57% from $1.14B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of NG and 17 opened new positions — a net loss of 6 holders — while 44 trimmed existing stakes and 61 added.

The largest buyer was Millennium Management, adding an estimated $3.3M. The largest seller was Deer Park Road Corp, exiting entirely with an estimated $10.8M sold.

  • 179 institutional investors held NovaGold Resources (NG) as of Q1 2023, down from 187 in Q4 2022.
  • Funds reported $1.14B of NovaGold Resources stock for Q1 2023, down 0.57% quarter-over-quarter.
  • 17 funds opened new NovaGold Resources positions in Q1 2023 and 23 closed out, a net change of -6 holders.
  • The largest NovaGold Resources buyer in Q1 2023 was Millennium Management, an estimated $3.3M added.
  • The largest NovaGold Resources seller in Q1 2023 was Deer Park Road Corp, an estimated $10.8M sold.

Based on aggregated 13F filings for Q1 2023.