NovaGold Resources
135 hedge funds and large institutions have $646M invested in NovaGold Resources in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 31 reducing their positions, and 20 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
84% more call options, than puts
Call options by funds: $2.73M | Put options by funds: $1.49M
23% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 31
17% more capital invested
Capital invested by funds: $554M → $646M (+$92.1M)
2.5% more ownership
Funds ownership: 43.78% → 46.29% (+2.5%)
5% less funds holding
Funds holding: 142 → 135 (-7)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$13.1M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$10.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.08M |
| 4 |
AG
Artal Group
Luxembourg
|
+$4.01M |
| 5 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$2.29M |
| 2 |
AA
Antipodean Advisors
New York
|
-$1.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.45M |
| 4 |
VanEck Associates
New York
|
-$1.15M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$1.11M |
NG Hedge Fund Activity: Q1 2018 in Review
135 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q1 2018, worth a combined $646M — up 17% from $554M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NG and 15 opened new positions — a net loss of 5 holders — while 31 trimmed existing stakes and 38 added.
The largest buyer was Lingotto Investment Management, opening a new position worth an estimated $13.1M. The largest seller was Ninety One (UK), exiting entirely with an estimated $2.29M sold.
- 135 institutional investors held NovaGold Resources (NG) as of Q1 2018, down from 142 in Q4 2017.
- Funds reported $646M of NovaGold Resources stock for Q1 2018, up 17% quarter-over-quarter.
- 15 funds opened new NovaGold Resources positions in Q1 2018 and 20 closed out, a net change of -5 holders.
- The largest NovaGold Resources buyer in Q1 2018 was Lingotto Investment Management, an estimated $13.1M added.
- The largest NovaGold Resources seller in Q1 2018 was Ninety One (UK), an estimated $2.29M sold.
Based on aggregated 13F filings for Q1 2018.