NovaGold Resources
188 hedge funds and large institutions have $1.99B invested in NovaGold Resources in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 75 reducing their positions, and 32 closing their positions.
98% more call options, than puts
Call options by funds: $25.7M | Put options by funds: $13M
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
41% more capital invested
Capital invested by funds: $1.42B → $1.99B (+$576M)
3.97% more ownership
Funds ownership: 46.95% → 50.92% (+4%)
8% less funds holding
Funds holding: 205 → 188 (-17)
31% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 75
50% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
+$127M |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$30.2M |
| 3 |
First Eagle Investment Management
New York
|
+$20.1M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$19.6M |
| 5 |
DPRC
Deer Park Road Corp
Steamboat Springs,
Colorado
|
+$6.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$21.1M |
| 2 |
JP
JNE Partners
London,
United Kingdom
|
-$8.73M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$7.45M |
| 4 |
SG Americas Securities
New York
|
-$6.56M |
| 5 |
Morgan Stanley
New York
|
-$5.55M |
NG Hedge Fund Activity: Q3 2020 in Review
188 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2020, worth a combined $1.99B — up 41% from $1.42B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of NG and 16 opened new positions — a net loss of 16 holders — while 75 trimmed existing stakes and 52 added.
The largest buyer was Public Investment Fund, opening a new position worth an estimated $127M. The largest seller was Arrowstreet Capital, cutting an estimated $21.1M.
- 188 institutional investors held NovaGold Resources (NG) as of Q3 2020, down from 205 in Q2 2020.
- Funds reported $1.99B of NovaGold Resources stock for Q3 2020, up 41% quarter-over-quarter.
- 16 funds opened new NovaGold Resources positions in Q3 2020 and 32 closed out, a net change of -16 holders.
- The largest NovaGold Resources buyer in Q3 2020 was Public Investment Fund, an estimated $127M added.
- The largest NovaGold Resources seller in Q3 2020 was Arrowstreet Capital, an estimated $21.1M sold.
Based on aggregated 13F filings for Q3 2020.