NovaGold Resources
167 hedge funds and large institutions have $954M invested in NovaGold Resources in 2019 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 13 closing their positions.
235% more call options, than puts
Call options by funds: $8.61M | Put options by funds: $2.57M
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
21% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 43
8% more funds holding
Funds holding: 155 → 167 (+12)
5% more capital invested
Capital invested by funds: $906M → $954M (+$47.9M)
1.08% more ownership
Funds ownership: 47.19% → 48.27% (+1.1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$13.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.89M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$6.38M |
| 4 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$5.28M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
-$6.38M |
| 2 |
VanEck Associates
New York
|
-$5.95M |
| 3 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$5.79M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$4.35M |
| 5 |
LCS
Levin Capital Strategies
New York
|
-$4.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
176
Bayesian Capital Management
Brooklyn,
New York
| – | -$66K | -11,100 | Closed |
|
|
AG
177
Aperio Group
Sausalito,
California
| – | -$61K | -10,326 | Closed |
|
178
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$59K | -10,000 | Closed |
|
|
TPWA
179
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$20K | -3,500 | Closed |
|
NG Hedge Fund Activity: Q3 2019 in Review
167 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2019, worth a combined $954M — up 5.3% from $906M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NG positions and 13 closed out — a net gain of 12 holders — while 52 added to existing stakes and 43 trimmed.
The largest buyer was Northern Trust, adding an estimated $13.1M. The largest seller was Lingotto Investment Management, cutting an estimated $6.38M.
- 167 institutional investors held NovaGold Resources (NG) as of Q3 2019, up from 155 in Q2 2019.
- Funds reported $954M of NovaGold Resources stock for Q3 2019, up 5.3% quarter-over-quarter.
- 25 funds opened new NovaGold Resources positions in Q3 2019 and 13 closed out, a net change of +12 holders.
- The largest NovaGold Resources buyer in Q3 2019 was Northern Trust, an estimated $13.1M added.
- The largest NovaGold Resources seller in Q3 2019 was Lingotto Investment Management, an estimated $6.38M sold.
Based on aggregated 13F filings for Q3 2019.