NovaGold Resources
123 hedge funds and large institutions have $479M invested in NovaGold Resources in 2015 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 41 increasing their positions, 35 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
25% more capital invested
Capital invested by funds: $384M → $479M (+$94.4M)
17% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 35
9% more funds holding
Funds holding: 113 → 123 (+10)
3.1% more ownership
Funds ownership: 40.93% → 44.02% (+3.1%)
1% more call options, than puts
Call options by funds: $1.65M | Put options by funds: $1.62M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$37.3M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$7.59M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$7.49M |
| 4 |
SG Americas Securities
New York
|
+$4.41M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$15.8M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$3.15M |
| 3 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$2.77M |
| 4 |
LC
Loews Corp
New York
|
-$2.12M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$1.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
126
Oxford Asset Management
Oxford,
United Kingdom
| – | -$67K | -22,720 | Closed |
|
|
AT
127
Acadia Trust
Portland,
Maine
| – | -$41K | -14,000 | Closed |
|
|
ICAS
128
Investors Capital Advisory Services
Lynnfield,
Massachusetts
| – | -$30K | -10,350 | Closed |
|
|
CC
129
Cipher Capital
New York
| – | -$30K | -10,262 | Closed |
|
|
ICOA
130
Investment Centers of America
Bismarck,
North Dakota
| – | -$29K | -10,000 | Closed |
|
131
AllianceBernstein
Nashville,
Tennessee
| – | -$13K | -4,400 | Closed |
|
|
FTUS
132
Flow Traders U.S.
New York
| – | -$6K | -1,994 | Closed |
|
|
MWP
133
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | +$380 | +100 | New |
|
NG Hedge Fund Activity: Q2 2015 in Review
123 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q2 2015, worth a combined $479M — up 25% from $384M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NG positions and 11 closed out — a net gain of 10 holders — while 41 added to existing stakes and 35 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $37.3M. The largest seller was VanEck Associates, cutting an estimated $15.8M.
- 123 institutional investors held NovaGold Resources (NG) as of Q2 2015, up from 113 in Q1 2015.
- Funds reported $479M of NovaGold Resources stock for Q2 2015, up 25% quarter-over-quarter.
- 21 funds opened new NovaGold Resources positions in Q2 2015 and 11 closed out, a net change of +10 holders.
- The largest NovaGold Resources buyer in Q2 2015 was Fidelity Investments, an estimated $37.3M added.
- The largest NovaGold Resources seller in Q2 2015 was VanEck Associates, an estimated $15.8M sold.
Based on aggregated 13F filings for Q2 2015.