NovaGold Resources
190 hedge funds and large institutions have $1.35B invested in NovaGold Resources in 2021 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 44 increasing their positions, 61 reducing their positions, and 19 closing their positions.
77% more call options, than puts
Call options by funds: $8.24M | Put options by funds: $4.67M
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
4% more funds holding
Funds holding: 183 → 190 (+7)
0.3% more ownership
Funds ownership: 50.56% → 50.86% (+0.3%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
8% less capital invested
Capital invested by funds: $1.47B → $1.35B (-$117M)
28% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$9.67M |
| 2 |
Morgan Stanley
New York
|
+$6.06M |
| 3 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$3.97M |
| 4 |
Goldman Sachs
New York
|
+$3.34M |
| 5 |
Millennium Management
New York
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$6.75M |
| 2 |
BlackRock
New York
|
-$5.1M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.59M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$2.93M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.03M |
NG Hedge Fund Activity: Q2 2021 in Review
190 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q2 2021, worth a combined $1.35B — down 8% from $1.47B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NG positions and 19 closed out — a net gain of 7 holders — while 44 added to existing stakes and 61 trimmed.
The largest buyer was Lingotto Investment Management, adding an estimated $9.67M. The largest seller was VanEck Associates, cutting an estimated $6.75M.
- 190 institutional investors held NovaGold Resources (NG) as of Q2 2021, up from 183 in Q1 2021.
- Funds reported $1.35B of NovaGold Resources stock for Q2 2021, down 8% quarter-over-quarter.
- 26 funds opened new NovaGold Resources positions in Q2 2021 and 19 closed out, a net change of +7 holders.
- The largest NovaGold Resources buyer in Q2 2021 was Lingotto Investment Management, an estimated $9.67M added.
- The largest NovaGold Resources seller in Q2 2021 was VanEck Associates, an estimated $6.75M sold.
Based on aggregated 13F filings for Q2 2021.