NovaGold Resources
187 hedge funds and large institutions have $1.61B invested in NovaGold Resources in 2020 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 63 reducing their positions, and 18 closing their positions.
292% more call options, than puts
Call options by funds: $32.4M | Put options by funds: $8.28M
0% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 18
0.43% less ownership
Funds ownership: 50.92% → 50.49% (-0.43%)
1% less funds holding
Funds holding: 188 → 187 (-1)
17% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 63
19% less capital invested
Capital invested by funds: $1.99B → $1.61B (-$384M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
+$33.1M |
| 2 |
VanEck Associates
New York
|
+$13M |
| 3 |
First Eagle Investment Management
New York
|
+$12M |
| 4 |
DPRC
Deer Park Road Corp
Steamboat Springs,
Colorado
|
+$4.25M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$32.5M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$7.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.87M |
| 4 |
ClearBridge Investments
New York
|
-$5.76M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
201
Quantbot Technologies
New York
| – | -$67K | -5,700 | Closed |
|
|
ASN
202
Advisory Services Network
Atlanta,
Georgia
| – | -$12K | -1,012 | Closed |
|
203
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$4K | -300 | Closed |
|
NG Hedge Fund Activity: Q4 2020 in Review
187 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2020, worth a combined $1.61B — down 19% from $1.99B a quarter earlier.
Fund positioning in NG was balanced in Q4 2020: 18 funds opened new positions, 18 closed out, 52 added to existing stakes and 63 trimmed.
The largest buyer was Public Investment Fund, adding an estimated $33.1M. The largest seller was Sprott Inc, cutting an estimated $32.5M.
- 187 institutional investors held NovaGold Resources (NG) as of Q4 2020, down from 188 in Q3 2020.
- Funds reported $1.61B of NovaGold Resources stock for Q4 2020, down 19% quarter-over-quarter.
- 18 funds opened new NovaGold Resources positions in Q4 2020 and 18 closed out, a net change of 0 holders.
- The largest NovaGold Resources buyer in Q4 2020 was Public Investment Fund, an estimated $33.1M added.
- The largest NovaGold Resources seller in Q4 2020 was Sprott Inc, an estimated $32.5M sold.
Based on aggregated 13F filings for Q4 2020.