NovaGold Resources
110 hedge funds and large institutions have $261M invested in NovaGold Resources in 2013 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 28 increasing their positions, 31 reducing their positions, and 14 closing their positions.
95% more call options, than puts
Call options by funds: $4.12M | Put options by funds: $2.11M
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more capital invested
Capital invested by funds: $241M → $261M (+$19.4M)
8% more funds holding
Funds holding: 102 → 110 (+8)
0.3% more ownership
Funds ownership: 35.4% → 35.7% (+0.3%)
10% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$10.4M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$3.75M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.27M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$1.15M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$966K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCO
MAK Capital One
New York
|
-$6.22M |
| 2 |
Renaissance Technologies
New York
|
-$2.54M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.51M |
| 4 |
SC
Sureview Capital
Greenwich,
Connecticut
|
-$2.4M |
| 5 |
RCM
Royal Capital Management
New York
|
-$1.45M |
NG Hedge Fund Activity: Q3 2013 in Review
110 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2013, worth a combined $261M — up 8% from $241M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NG positions and 14 closed out — a net gain of 9 holders — while 28 added to existing stakes and 31 trimmed.
The largest buyer was Wells Fargo, adding an estimated $10.4M. The largest seller was MAK Capital One, cutting an estimated $6.22M.
- 110 institutional investors held NovaGold Resources (NG) as of Q3 2013, up from 102 in Q2 2013.
- Funds reported $261M of NovaGold Resources stock for Q3 2013, up 8% quarter-over-quarter.
- 23 funds opened new NovaGold Resources positions in Q3 2013 and 14 closed out, a net change of +9 holders.
- The largest NovaGold Resources buyer in Q3 2013 was Wells Fargo, an estimated $10.4M added.
- The largest NovaGold Resources seller in Q3 2013 was MAK Capital One, an estimated $6.22M sold.
Based on aggregated 13F filings for Q3 2013.