NovaGold Resources
189 hedge funds and large institutions have $1.16B invested in NovaGold Resources in 2021 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 66 reducing their positions, and 19 closing their positions.
98% more call options, than puts
Call options by funds: $6.78M | Put options by funds: $3.43M
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
0.05% less ownership
Funds ownership: 50.88% → 50.83% (-0.05%)
1% less funds holding
Funds holding: 191 → 189 (-2)
14% less capital invested
Capital invested by funds: $1.35B → $1.16B (-$191M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
30% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$14.6M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$3.35M |
| 3 |
EP
Edgestream Partners
Princeton,
New Jersey
|
+$2.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.46M |
| 5 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$6.68M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$4.59M |
| 3 |
Man Group
London,
United Kingdom
|
-$3.19M |
| 4 |
T
TOBAM
Paris,
France
|
-$2.06M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.98M |
NG Hedge Fund Activity: Q3 2021 in Review
189 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q3 2021, worth a combined $1.16B — down 14% from $1.35B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NG positions and 19 closed out — a net gain of 1 holder — while 46 added to existing stakes and 66 trimmed.
The largest buyer was Lingotto Investment Management, adding an estimated $14.6M. The largest seller was VanEck Associates, cutting an estimated $6.68M.
- 189 institutional investors held NovaGold Resources (NG) as of Q3 2021, down from 191 in Q2 2021.
- Funds reported $1.16B of NovaGold Resources stock for Q3 2021, down 14% quarter-over-quarter.
- 20 funds opened new NovaGold Resources positions in Q3 2021 and 19 closed out, a net change of +1 holder.
- The largest NovaGold Resources buyer in Q3 2021 was Lingotto Investment Management, an estimated $14.6M added.
- The largest NovaGold Resources seller in Q3 2021 was VanEck Associates, an estimated $6.68M sold.
Based on aggregated 13F filings for Q3 2021.