NovaGold Resources
185 hedge funds and large institutions have $1.33B invested in NovaGold Resources in 2022 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 76 increasing their positions, 45 reducing their positions, and 20 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 45
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
10% more capital invested
Capital invested by funds: $1.21B → $1.33B (+$122M)
1% more funds holding
Funds holding: 183 → 185 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.15% less ownership
Funds ownership: 51.78% → 51.64% (-0.15%)
32% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $1.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$17.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.23M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$3.32M |
| 4 |
DPRC
Deer Park Road Corp
Steamboat Springs,
Colorado
|
+$3.14M |
| 5 |
Renaissance Technologies
New York
|
+$2.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
-$22.5M |
| 2 |
AG
Artal Group
Luxembourg
|
-$17.8M |
| 3 |
RCP
RIT Capital Partners
London,
United Kingdom
|
-$4.49M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.6M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.72M |
NG Hedge Fund Activity: Q1 2022 in Review
185 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q1 2022, worth a combined $1.33B — up 10% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NG positions and 20 closed out — a net gain of 3 holders — while 76 added to existing stakes and 45 trimmed.
The largest buyer was First Eagle Investment Management, adding an estimated $17.6M. The largest seller was Lingotto Investment Management, cutting an estimated $22.5M.
- 185 institutional investors held NovaGold Resources (NG) as of Q1 2022, up from 183 in Q4 2021.
- Funds reported $1.33B of NovaGold Resources stock for Q1 2022, up 10% quarter-over-quarter.
- 23 funds opened new NovaGold Resources positions in Q1 2022 and 20 closed out, a net change of +3 holders.
- The largest NovaGold Resources buyer in Q1 2022 was First Eagle Investment Management, an estimated $17.6M added.
- The largest NovaGold Resources seller in Q1 2022 was Lingotto Investment Management, an estimated $22.5M sold.
Based on aggregated 13F filings for Q1 2022.