NovaGold Resources
115 hedge funds and large institutions have $507M invested in NovaGold Resources in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
6% more capital invested
Capital invested by funds: $479M → $507M (+$28.4M)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
0.47% more ownership
Funds ownership: 44.02% → 44.5% (+0.47%)
7% less funds holding
Funds holding: 123 → 115 (-8)
21% less call options, than puts
Call options by funds: $2.4M | Put options by funds: $3.04M
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
+$8.2M |
| 2 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$2.09M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.32M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.26M |
| 5 |
D.E. Shaw & Co
New York
|
+$880K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$4.03M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.61M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$1.3M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$737K |
| 5 |
LCS
Levin Capital Strategies
New York
|
-$575K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
126
Tower Research Capital (TRC)
New York
| – | -$15K | -4,343 | Closed |
|
127
Walleye Trading
New York
| – | -$11K | -3,159 | Closed |
|
|
S
128
SignatureFD
Atlanta,
Georgia
| – | -$9K | -2,666 | Closed |
|
|
ASN
129
Advisory Services Network
Atlanta,
Georgia
| – | -$6K | -1,925 | Closed |
|
130
Simplex Trading
Chicago,
Illinois
| – | -$6.28K | -1,862 | Closed |
|
131
Invesco
Atlanta,
Georgia
| – | -$5K | -1,420 | Closed |
|
|
GAM
132
Gemmer Asset Management
Walnut Creek,
California
| – | -$3K | -800 | Closed |
|
133
US Bancorp
Minneapolis,
Minnesota
| – | -$2.36K | -700 | -95% |
|
NG Hedge Fund Activity: Q3 2015 in Review
115 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2015, worth a combined $507M — up 5.9% from $479M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NG and 13 opened new positions — a net loss of 6 holders — while 33 trimmed existing stakes and 36 added.
The largest buyer was MSD Partners, opening a new position worth an estimated $8.2M. The largest seller was SG Americas Securities, cutting an estimated $4.03M.
- 115 institutional investors held NovaGold Resources (NG) as of Q3 2015, down from 123 in Q2 2015.
- Funds reported $507M of NovaGold Resources stock for Q3 2015, up 5.9% quarter-over-quarter.
- 13 funds opened new NovaGold Resources positions in Q3 2015 and 19 closed out, a net change of -6 holders.
- The largest NovaGold Resources buyer in Q3 2015 was MSD Partners, an estimated $8.2M added.
- The largest NovaGold Resources seller in Q3 2015 was SG Americas Securities, an estimated $4.03M sold.
Based on aggregated 13F filings for Q3 2015.