NovaGold Resources
184 hedge funds and large institutions have $837M invested in NovaGold Resources in 2022 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 51 increasing their positions, 62 reducing their positions, and 19 closing their positions.
16% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 19
0.98% more ownership
Funds ownership: 51.64% → 52.62% (+0.98%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less funds holding
Funds holding: 185 → 184 (-1)
18% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 62
24% less call options, than puts
Call options by funds: $772K | Put options by funds: $1.02M
37% less capital invested
Capital invested by funds: $1.33B → $837M (-$492M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$19.9M |
| 2 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$10.7M |
| 3 |
First Eagle Investment Management
New York
|
+$8.11M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$2.77M |
| 5 |
Morgan Stanley
New York
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$10.8M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$4.34M |
| 3 |
Renaissance Technologies
New York
|
-$3.77M |
| 4 |
CTC
Chai Trust Company
Chicago,
Illinois
|
-$3.09M |
| 5 |
N
Natixis
Paris,
France
|
-$2.32M |
NG Hedge Fund Activity: Q2 2022 in Review
184 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q2 2022, worth a combined $837M — down 37% from $1.33B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NG positions and 19 closed out — a net gain of 3 holders — while 51 added to existing stakes and 62 trimmed.
The largest buyer was Kopernik Global Investors, adding an estimated $19.9M. The largest seller was VanEck Associates, cutting an estimated $10.8M.
- 184 institutional investors held NovaGold Resources (NG) as of Q2 2022, down from 185 in Q1 2022.
- Funds reported $837M of NovaGold Resources stock for Q2 2022, down 37% quarter-over-quarter.
- 22 funds opened new NovaGold Resources positions in Q2 2022 and 19 closed out, a net change of +3 holders.
- The largest NovaGold Resources buyer in Q2 2022 was Kopernik Global Investors, an estimated $19.9M added.
- The largest NovaGold Resources seller in Q2 2022 was VanEck Associates, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2022.