NovaGold Resources
105 hedge funds and large institutions have $381M invested in NovaGold Resources in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 34 reducing their positions, and 24 closing their positions.
114% more call options, than puts
Call options by funds: $5.61M | Put options by funds: $2.63M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% more capital invested
Capital invested by funds: $345M → $381M (+$35.9M)
4.72% more ownership
Funds ownership: 35.95% → 40.67% (+4.7%)
9% less funds holding
Funds holding: 115 → 105 (-10)
21% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 34
33% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 24
Top Buyers
Top Sellers
| 1 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$8.71M |
| 2 |
O
OppenheimerFunds
New York
|
-$6.21M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.01M |
| 4 |
CNB
City National Bank
Beverly Hills,
California
|
-$2.17M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
-$1.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Marshall Wace
London,
United Kingdom
| – | -$17K | -5,553 | Closed |
|
|
WF
127
WealthTrust Fairport
Cleveland,
Ohio
| – | -$4K | -1,400 | Closed |
|
|
ATC
128
Adirondack Trust Company
Saratoga Springs,
New York
| – | -$2K | -750 | Closed |
|
|
EWM
129
Edge Wealth Management
New York
| – | -$1K | -100 | Closed |
|
NG Hedge Fund Activity: Q4 2014 in Review
105 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2014, worth a combined $381M — up 10% from $345M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NG and 16 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 27 added.
The largest buyer was VanEck Associates, opening a new position worth an estimated $50M. The largest seller was Sun Valley Gold, cutting an estimated $8.71M.
- 105 institutional investors held NovaGold Resources (NG) as of Q4 2014, down from 115 in Q3 2014.
- Funds reported $381M of NovaGold Resources stock for Q4 2014, up 10% quarter-over-quarter.
- 16 funds opened new NovaGold Resources positions in Q4 2014 and 24 closed out, a net change of -8 holders.
- The largest NovaGold Resources buyer in Q4 2014 was VanEck Associates, an estimated $50M added.
- The largest NovaGold Resources seller in Q4 2014 was Sun Valley Gold, an estimated $8.71M sold.
Based on aggregated 13F filings for Q4 2014.