NovaGold Resources
124 hedge funds and large institutions have $372M invested in NovaGold Resources in 2014 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 33 increasing their positions, 39 reducing their positions, and 11 closing their positions.
155% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 11
62% more call options, than puts
Call options by funds: $7.28M | Put options by funds: $4.48M
43% more capital invested
Capital invested by funds: $261M → $372M (+$111M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more funds holding
Funds holding: 107 → 124 (+17)
0.04% more ownership
Funds ownership: 32.45% → 32.49% (+0.04%)
15% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 39
Top Buyers
| 1 |
SCM
Steadfast Capital Management
New York
|
+$8.12M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$4.18M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$2.2M |
| 4 |
Goldman Sachs
New York
|
+$2.19M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.62M |
Top Sellers
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.48M |
| 2 |
AG
Artal Group
Luxembourg
|
-$3.41M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.96M |
| 4 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$2.48M |
| 5 |
D.E. Shaw & Co
New York
|
-$2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
126
Artal Group
Luxembourg
| – | -$3.41M | -1,000,000 | Closed |
|
|
RFC
127
Russell Frank Company
Seattle,
Washington
| – | -$594K | -244,000 | Closed |
|
|
AC
128
Amici Capital
New York
| – | -$543K | -213,720 | Closed |
|
|
LCM
129
Landscape Capital Management
Englewood,
New Jersey
| – | -$372K | -146,600 | Closed |
|
|
SCM
130
Seamans Capital Management
Boston,
Massachusetts
| – | -$127K | -50,000 | Closed |
|
|
RCM
131
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$88K | -35,000 | Closed |
|
|
SCM
132
Southport Capital Management
Chattanooga,
Tennessee
| – | -$38K | -15,000 | Closed |
|
|
HCA
133
Harbour Capital Advisors
Tysons Corner,
Virginia
| – | -$38K | -14,857 | Closed |
|
134
Tudor Investment Corp
Stamford,
Connecticut
| – | -$31K | -12,095 | Closed |
|
NG Hedge Fund Activity: Q1 2014 in Review
124 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q1 2014, worth a combined $372M — up 43% from $261M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NG positions and 11 closed out — a net gain of 17 holders — while 33 added to existing stakes and 39 trimmed.
The largest buyer was Steadfast Capital Management, opening a new position worth an estimated $8.12M. The largest seller was Wells Fargo, cutting an estimated $4.48M.
- 124 institutional investors held NovaGold Resources (NG) as of Q1 2014, up from 107 in Q4 2013.
- Funds reported $372M of NovaGold Resources stock for Q1 2014, up 43% quarter-over-quarter.
- 28 funds opened new NovaGold Resources positions in Q1 2014 and 11 closed out, a net change of +17 holders.
- The largest NovaGold Resources buyer in Q1 2014 was Steadfast Capital Management, an estimated $8.12M added.
- The largest NovaGold Resources seller in Q1 2014 was Wells Fargo, an estimated $4.48M sold.
Based on aggregated 13F filings for Q1 2014.