NovaGold Resources
142 hedge funds and large institutions have $578M invested in NovaGold Resources in 2019 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 19 closing their positions.
119% more call options, than puts
Call options by funds: $2.21M | Put options by funds: $1.01M
5% more capital invested
Capital invested by funds: $551M → $578M (+$27M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.57% less ownership
Funds ownership: 43.18% → 42.62% (-0.57%)
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
1% less funds holding
Funds holding: 144 → 142 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$17M |
| 2 |
MCM
Moore Capital Management
New York
|
+$12.7M |
| 3 |
Morgan Stanley
New York
|
+$5.76M |
| 4 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$4.74M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
-$16.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$13M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.25M |
| 4 |
VanEck Associates
New York
|
-$3.22M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$2.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
151
Aperio Group
Sausalito,
California
| – | -$99K | -24,980 | Closed |
|
|
OAM
152
Oxford Asset Management
Oxford,
United Kingdom
| – | -$96K | -24,416 | Closed |
|
|
HWA
153
HCR Wealth Advisors
Los Angeles,
California
| – | -$91K | -23,000 | Closed |
|
154
Walleye Trading
New York
| – | -$91K | -23,000 | Closed |
|
155
Wolverine Trading
Chicago,
Illinois
| – | -$51.3K | -13,028 | Closed |
|
|
SL
156
Signition LP
New York
| – | -$50K | -12,700 | Closed |
|
|
SW
157
SlateStone Wealth
Jupiter,
Florida
| – | -$49K | -12,400 | Closed |
|
|
MOS
158
MGO One Seven
Beachwood,
Ohio
| – | -$9K | -2,500 | Closed |
|
NG Hedge Fund Activity: Q1 2019 in Review
142 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q1 2019, worth a combined $578M — up 4.9% from $551M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NG and 18 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 36 added.
The largest buyer was Russell Investments Group, adding an estimated $17M. The largest seller was MSD Partners, exiting entirely with an estimated $16.7M sold.
- 142 institutional investors held NovaGold Resources (NG) as of Q1 2019, down from 144 in Q4 2018.
- Funds reported $578M of NovaGold Resources stock for Q1 2019, up 4.9% quarter-over-quarter.
- 18 funds opened new NovaGold Resources positions in Q1 2019 and 19 closed out, a net change of -1 holder.
- The largest NovaGold Resources buyer in Q1 2019 was Russell Investments Group, an estimated $17M added.
- The largest NovaGold Resources seller in Q1 2019 was MSD Partners, an estimated $16.7M sold.
Based on aggregated 13F filings for Q1 2019.