NovaGold Resources
142 hedge funds and large institutions have $554M invested in NovaGold Resources in 2017 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 48 reducing their positions, and 17 closing their positions.
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0.52% more ownership
Funds ownership: 43.27% → 43.78% (+0.52%)
0% more funds holding
Funds holding: 142 → 142 (0)
3% less capital invested
Capital invested by funds: $573M → $554M (-$18.7M)
21% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 48
36% less call options, than puts
Call options by funds: $1.68M | Put options by funds: $2.61M
Top Buyers
| 1 |
VanEck Associates
New York
|
+$11.4M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$4.94M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.92M |
| 4 |
First Eagle Investment Management
New York
|
+$2.86M |
| 5 |
LCS
Levin Capital Strategies
New York
|
+$1.26M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$9.95M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
-$5.45M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$2.71M |
| 4 |
JP Morgan Chase
New York
|
-$1.9M |
| 5 |
Jane Street
New York
|
-$1.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
151
MUFG Americas
New York
| – | -$12K | -3,000 | Closed |
|
152
Simplex Trading
Chicago,
Illinois
| – | -$6.98K | -1,756 | Closed |
|
|
WTB
153
Washington Trust Bank
Spokane,
Washington
| – | -$6K | -1,550 | Closed |
|
|
CG
154
Cutler Group
San Francisco,
California
| – | -$5.6K | -1,408 | Closed |
|
155
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$1K | -349 | Closed |
|
|
IWM
156
IHT Wealth Management
Chicago,
Illinois
| – | +$398 | +100 | New |
|
157
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$497 | +125 | New |
|
NG Hedge Fund Activity: Q4 2017 in Review
142 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2017, worth a combined $554M — down 3.3% from $573M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NG positions and 17 closed out — a net gain of 1 holder — while 38 added to existing stakes and 48 trimmed.
The largest buyer was VanEck Associates, adding an estimated $11.4M. The largest seller was Millennium Management, cutting an estimated $9.95M.
- 142 institutional investors held NovaGold Resources (NG) as of Q4 2017, unchanged from Q3 2017.
- Funds reported $554M of NovaGold Resources stock for Q4 2017, down 3.3% quarter-over-quarter.
- 18 funds opened new NovaGold Resources positions in Q4 2017 and 17 closed out, a net change of +1 holder.
- The largest NovaGold Resources buyer in Q4 2017 was VanEck Associates, an estimated $11.4M added.
- The largest NovaGold Resources seller in Q4 2017 was Millennium Management, an estimated $9.95M sold.
Based on aggregated 13F filings for Q4 2017.