NovaGold Resources
183 hedge funds and large institutions have $1.47B invested in NovaGold Resources in 2021 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 45 increasing their positions, 66 reducing their positions, and 24 closing their positions.
60% more call options, than puts
Call options by funds: $11.3M | Put options by funds: $7.07M
0.06% more ownership
Funds ownership: 50.49% → 50.56% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2% less funds holding
Funds holding: 187 → 183 (-4)
9% less capital invested
Capital invested by funds: $1.61B → $1.47B (-$144M)
13% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 24
32% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$17.2M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$14.9M |
| 3 |
First Eagle Investment Management
New York
|
+$13.8M |
| 4 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$4.06M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$14.3M |
| 2 |
ClearBridge Investments
New York
|
-$7.77M |
| 3 |
JG
Jefferies Group
New York
|
-$4.34M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$3.48M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$2.89M |
NG Hedge Fund Activity: Q1 2021 in Review
183 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q1 2021, worth a combined $1.47B — down 8.9% from $1.61B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NG and 21 opened new positions — a net loss of 3 holders — while 66 trimmed existing stakes and 45 added.
The largest buyer was Lingotto Investment Management, adding an estimated $17.2M. The largest seller was Odey Asset Management Group, exiting entirely with an estimated $14.3M sold.
- 183 institutional investors held NovaGold Resources (NG) as of Q1 2021, down from 187 in Q4 2020.
- Funds reported $1.47B of NovaGold Resources stock for Q1 2021, down 8.9% quarter-over-quarter.
- 21 funds opened new NovaGold Resources positions in Q1 2021 and 24 closed out, a net change of -3 holders.
- The largest NovaGold Resources buyer in Q1 2021 was Lingotto Investment Management, an estimated $17.2M added.
- The largest NovaGold Resources seller in Q1 2021 was Odey Asset Management Group, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2021.