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NovaGold Resources
NG

126 hedge funds and large institutions have $723M invested in NovaGold Resources in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 38 increasing their positions, 39 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $676M → $723M (+$47.1M)

0.1% less ownership

Funds ownership: 46.3% → 46.2% (-0.1%)

3% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 39

5% less funds holding

Funds holding: 132 → 126 (-6)

15% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 20

64% less call options, than puts

Call options by funds: $1.8M | Put options by funds: $5.03M

Holders
126
Holders Change
-6
Holders Change %
-4.55%
% of All Funds
3.14%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
38
Reduced
39
Closed
20
Calls
$1.8M
Puts
$5.03M
Net Calls
-$3.23M
Net Calls Change
-$1.45M

Top Buyers

Rank Fund Capital Flow
1
VanEck Associates
VanEck Associates
New York
+$41.8M
2
Morgan Stanley
Morgan Stanley
New York
+$3.26M
3
AA
ALPS Advisors
Colorado
+$1.21M
4
Wells Fargo
Wells Fargo
California
+$914K
5
ACM
Avalon Capital Management
California
+$880K

Top Sellers

Rank Fund Capital Flow
1
SCM
Steadfast Capital Management
New York
-$9.26M
2
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
-$7.92M
3
Norges Bank
Norges Bank
Norway
-$6.83M
4
Jane Street
Jane Street
New York
-$4.13M
5
Point72 Asset Management
Point72 Asset Management
Connecticut
-$2.57M
Name Holding Trade Value Shares
Change 		Change in
Stake
Point72 Asset Management
126
Point72 Asset Management
Connecticut
– -$2.57M -563,400 Closed
Squarepoint
127
Squarepoint
New York
– -$1.95M -427,653 Closed
OMC
128
Old Mission Capital
Illinois
– -$1.34M -293,783 Closed
PE
129
Point72 Europe
United Kingdom
– -$1.18M -257,649 Closed
ARTA
130
A.R.T. Advisors
New York
– -$830K -182,100 Closed
CLOS
131
Compagnie Lombard Odier SCmA
Switzerland
– -$824K -180,000 Closed
AWA
132
Arete Wealth Advisors
Illinois
– -$649K -142,388 Closed
Millennium Management
133
Millennium Management
New York
– -$442K -96,987 Closed
Bank of Nova Scotia
134
Bank of Nova Scotia
Ontario, Canada
– -$295K -64,537 Closed
SC
135
Scotia Capital
Ontario, Canada
– -$157K -34,354 Closed
AW
136
ACG Wealth
Georgia
– -$153K -33,589 Closed
HCM
137
Highbridge Capital Management
New York
– -$119K -26,100 Closed
HWA
138
HCR Wealth Advisors
California
– -$105K -23,000 Closed
FRM
139
Fore Research & Management
New York
– -$98K -21,700 Closed
HighTower Advisors
140
HighTower Advisors
Illinois
– -$47K -10,195 Closed
ECM
141
Elgethun Capital Management
South Dakota
– -$14K -3,000 Closed
SIC
142
Salem Investment Counselors
North Carolina
– -$1K -300 Closed
NFG
143
Next Financial Group
Texas
– -$1K -250 Closed
CG
144
Cutler Group
California
– -$1.1K -208 Closed
2 3 4 5
6

NG Hedge Fund Activity: Q1 2017 in Review

126 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q1 2017, worth a combined $723M — up 7% from $676M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of NG and 17 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 38 added.

The largest buyer was VanEck Associates, adding an estimated $41.8M. The largest seller was Steadfast Capital Management, cutting an estimated $9.26M.

  • 126 institutional investors held NovaGold Resources (NG) as of Q1 2017, down from 132 in Q4 2016.
  • Funds reported $723M of NovaGold Resources stock for Q1 2017, up 7% quarter-over-quarter.
  • 17 funds opened new NovaGold Resources positions in Q1 2017 and 20 closed out, a net change of -3 holders.
  • The largest NovaGold Resources buyer in Q1 2017 was VanEck Associates, an estimated $41.8M added.
  • The largest NovaGold Resources seller in Q1 2017 was Steadfast Capital Management, an estimated $9.26M sold.

Based on aggregated 13F filings for Q1 2017.