NovaGold Resources
137 hedge funds and large institutions have $769M invested in NovaGold Resources in 2018 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 36 increasing their positions, 31 reducing their positions, and 18 closing their positions.
42% more call options, than puts
Call options by funds: $2.49M | Put options by funds: $1.75M
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
19% more capital invested
Capital invested by funds: $646M → $769M (+$123M)
16% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 31
1% more funds holding
Funds holding: 135 → 137 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.11% less ownership
Funds ownership: 46.29% → 46.18% (-0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$11.6M |
| 2 |
PC
Polar Capital
London,
United Kingdom
|
+$8.22M |
| 3 |
First Eagle Investment Management
New York
|
+$4.59M |
| 4 |
LCS
Levin Capital Strategies
New York
|
+$3.75M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
-$18.6M |
| 2 |
AG
Artal Group
Luxembourg
|
-$4.33M |
| 3 |
VanEck Associates
New York
|
-$3.62M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$3.56M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$3.44M |
NG Hedge Fund Activity: Q2 2018 in Review
137 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q2 2018, worth a combined $769M — up 19% from $646M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NG positions and 18 closed out — a net gain of 4 holders — while 36 added to existing stakes and 31 trimmed.
The largest buyer was Lingotto Investment Management, adding an estimated $11.6M. The largest seller was Steadfast Capital Management, exiting entirely with an estimated $18.6M sold.
- 137 institutional investors held NovaGold Resources (NG) as of Q2 2018, up from 135 in Q1 2018.
- Funds reported $769M of NovaGold Resources stock for Q2 2018, up 19% quarter-over-quarter.
- 22 funds opened new NovaGold Resources positions in Q2 2018 and 18 closed out, a net change of +4 holders.
- The largest NovaGold Resources buyer in Q2 2018 was Lingotto Investment Management, an estimated $11.6M added.
- The largest NovaGold Resources seller in Q2 2018 was Steadfast Capital Management, an estimated $18.6M sold.
Based on aggregated 13F filings for Q2 2018.