NovaGold Resources
186 hedge funds and large institutions have $1.14B invested in NovaGold Resources in 2022 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 48 increasing their positions, 66 reducing their positions, and 11 closing their positions.
136% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 11
98% more call options, than puts
Call options by funds: $2.64M | Put options by funds: $1.34M
34% more capital invested
Capital invested by funds: $855M → $1.14B (+$290M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more funds holding
Funds holding: 173 → 186 (+13)
0.59% more ownership
Funds ownership: 54.59% → 55.18% (+0.59%)
27% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$10.4M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$5.16M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$5.13M |
| 4 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
+$4.93M |
| 5 |
BlackRock
New York
|
+$4.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCE
Bank Pictet & Cie (Europe)
Frankfurt Am Main,
Germany
|
-$6.39M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.57M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$2.83M |
| 4 |
Goldman Sachs
New York
|
-$2.64M |
| 5 |
First Eagle Investment Management
New York
|
-$2.52M |
NG Hedge Fund Activity: Q4 2022 in Review
186 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2022, worth a combined $1.14B — up 34% from $855M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NG positions and 11 closed out — a net gain of 15 holders — while 48 added to existing stakes and 66 trimmed.
The largest buyer was Kopernik Global Investors, adding an estimated $10.4M. The largest seller was Bank Pictet & Cie (Europe), cutting an estimated $6.39M.
- 186 institutional investors held NovaGold Resources (NG) as of Q4 2022, up from 173 in Q3 2022.
- Funds reported $1.14B of NovaGold Resources stock for Q4 2022, up 34% quarter-over-quarter.
- 26 funds opened new NovaGold Resources positions in Q4 2022 and 11 closed out, a net change of +15 holders.
- The largest NovaGold Resources buyer in Q4 2022 was Kopernik Global Investors, an estimated $10.4M added.
- The largest NovaGold Resources seller in Q4 2022 was Bank Pictet & Cie (Europe), an estimated $6.39M sold.
Based on aggregated 13F filings for Q4 2022.