NovaGold Resources
115 hedge funds and large institutions have $345M invested in NovaGold Resources in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 38 reducing their positions, and 18 closing their positions.
83% more call options, than puts
Call options by funds: $5.89M | Put options by funds: $3.23M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.46% less ownership
Funds ownership: 36.41% → 35.95% (-0.46%)
8% less funds holding
Funds holding: 125 → 115 (-10)
13% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 38
29% less capital invested
Capital invested by funds: $487M → $345M (-$142M)
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
Top Buyers
Top Sellers
| 1 |
Norges Bank
Oslo,
Norway
|
-$9.87M |
| 2 |
SC
Sculptor Capital
New York
|
-$5.36M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$1.93M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.41M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$847K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
126
Reynolds Capital Management
Las Vegas,
Nevada
| – | -$55K | -13,000 | Closed |
|
|
OC
127
Oppenheimer & Co
New York
| – | -$51K | -12,000 | Closed |
|
128
HighTower Advisors
Chicago,
Illinois
| – | -$48K | -11,355 | Closed |
|
129
Walleye Trading
New York
| – | -$34.7K | -9,247 | Closed |
|
|
MFS
130
MSI Financial Services
Springfield,
Massachusetts
| – | -$31K | -7,288 | Closed |
|
131
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$13K | -3,160 | Closed |
|
|
MAA
132
Managed Account Advisors
Jersey City,
New Jersey
| – | -$6K | -1,487 | Closed |
|
NG Hedge Fund Activity: Q3 2014 in Review
115 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2014, worth a combined $345M — down 29% from $487M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NG and 9 opened new positions — a net loss of 9 holders — while 38 trimmed existing stakes and 33 added.
The largest buyer was Steadfast Capital Management, adding an estimated $4.65M. The largest seller was Norges Bank, cutting an estimated $9.87M.
- 115 institutional investors held NovaGold Resources (NG) as of Q3 2014, down from 125 in Q2 2014.
- Funds reported $345M of NovaGold Resources stock for Q3 2014, down 29% quarter-over-quarter.
- 9 funds opened new NovaGold Resources positions in Q3 2014 and 18 closed out, a net change of -9 holders.
- The largest NovaGold Resources buyer in Q3 2014 was Steadfast Capital Management, an estimated $4.65M added.
- The largest NovaGold Resources seller in Q3 2014 was Norges Bank, an estimated $9.87M sold.
Based on aggregated 13F filings for Q3 2014.