NovaGold Resources
116 hedge funds and large institutions have $598M invested in NovaGold Resources in 2015 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 31 reducing their positions, and 17 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 31
18% more capital invested
Capital invested by funds: $507M → $598M (+$91.2M)
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
11% more call options, than puts
Call options by funds: $2.65M | Put options by funds: $2.4M
1% more funds holding
Funds holding: 115 → 116 (+1)
0.26% more ownership
Funds ownership: 44.5% → 44.76% (+0.26%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.2M |
| 2 |
VanEck Associates
New York
|
+$4.95M |
| 3 |
GCM
Gruss Capital Management
New York
|
+$3.46M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$2.41M |
| 5 |
MP
MSD Partners
New York
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$10.4M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$7.22M |
| 3 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$4.68M |
| 4 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$2.23M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$1.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
SG Americas Securities
New York
| – | -$44K | -12,281 | Closed |
|
|
LG
127
LaFleur & Godfrey
Grand Rapids,
Michigan
| – | -$36K | -10,000 | Closed |
|
|
IWC
128
Integrated Wealth Counsel
Carmel,
California
| – | -$7K | -2,000 | Closed |
|
|
FTUS
129
Flow Traders U.S.
New York
| – | -$5K | -1,279 | Closed |
|
|
FFC
130
First Financial Corp
Terre Haute,
Indiana
| – | -$4K | -1,000 | Closed |
|
|
NFG
131
Next Financial Group
Houston,
Texas
| – | -$1K | -533 | Closed |
|
|
LFR
132
Lehman Financial Resources
Media,
Pennsylvania
| – | -$1K | -500 | Closed |
|
|
CPIG
133
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$1K | -320 | Closed |
|
NG Hedge Fund Activity: Q4 2015 in Review
116 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2015, worth a combined $598M — up 18% from $507M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NG positions and 17 closed out — a net gain of 2 holders — while 37 added to existing stakes and 31 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $21.2M. The largest seller was Baupost Group, cutting an estimated $10.4M.
- 116 institutional investors held NovaGold Resources (NG) as of Q4 2015, up from 115 in Q3 2015.
- Funds reported $598M of NovaGold Resources stock for Q4 2015, up 18% quarter-over-quarter.
- 19 funds opened new NovaGold Resources positions in Q4 2015 and 17 closed out, a net change of +2 holders.
- The largest NovaGold Resources buyer in Q4 2015 was Fidelity Investments, an estimated $21.2M added.
- The largest NovaGold Resources seller in Q4 2015 was Baupost Group, an estimated $10.4M sold.
Based on aggregated 13F filings for Q4 2015.