NovaGold Resources
173 hedge funds and large institutions have $849M invested in NovaGold Resources in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 52 increasing their positions, 58 reducing their positions, and 21 closing their positions.
1.97% more ownership
Funds ownership: 52.62% → 54.59% (+2%)
1% more capital invested
Capital invested by funds: $837M → $849M (+$12.5M)
6% less funds holding
Funds holding: 184 → 173 (-11)
10% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 58
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
42% less call options, than puts
Call options by funds: $921K | Put options by funds: $1.6M
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCE
Bank Pictet & Cie (Europe)
Frankfurt Am Main,
Germany
|
+$24.1M |
| 2 |
First Eagle Investment Management
New York
|
+$18.3M |
| 3 |
Amundi
Paris,
France
|
+$8.55M |
| 4 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$2.62M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$5.85M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$4.55M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.17M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$2.1M |
| 5 |
Millennium Management
New York
|
-$1.53M |
NG Hedge Fund Activity: Q3 2022 in Review
173 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2022, worth a combined $849M — up 1.5% from $837M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NG and 11 opened new positions — a net loss of 10 holders — while 58 trimmed existing stakes and 52 added.
The largest buyer was Bank Pictet & Cie (Europe), opening a new position worth an estimated $24.1M. The largest seller was Jupiter Asset Management, cutting an estimated $5.85M.
- 173 institutional investors held NovaGold Resources (NG) as of Q3 2022, down from 184 in Q2 2022.
- Funds reported $849M of NovaGold Resources stock for Q3 2022, up 1.5% quarter-over-quarter.
- 11 funds opened new NovaGold Resources positions in Q3 2022 and 21 closed out, a net change of -10 holders.
- The largest NovaGold Resources buyer in Q3 2022 was Bank Pictet & Cie (Europe), an estimated $24.1M added.
- The largest NovaGold Resources seller in Q3 2022 was Jupiter Asset Management, an estimated $5.85M sold.
Based on aggregated 13F filings for Q3 2022.