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NovaGold Resources

172 hedge funds and large institutions have $644M invested in NovaGold Resources in 2024 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 62 increasing their positions, 44 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

543% more call options, than puts

Call options by funds: $1.93M | Put options by funds: $301K

41% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 44

0.96% more ownership

Funds ownership: 56.74%57.7% (+0.96%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

6% less funds holding

Funds holding: 183172 (-11)

17% less capital invested

Capital invested by funds: $775M → $644M (-$131M)

41% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 22

Holders
172
Holders Change
-11
Holders Change %
-6.01%
% of All Funds
2.27%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
13
Increased
62
Reduced
44
Closed
22
Calls
$1.93M
Puts
$301K
Net Calls
+$1.63M
Net Calls Change
+$665K
Name Holding Trade Value Shares
Change
Change in
Stake
PC
1
Paulson & Co
New York
$90.7M
First Eagle Investment Management
2
First Eagle Investment Management
New York
$86.7M -$183K -51,914 -0.2%
LIM
3
Lingotto Investment Management
United Kingdom
$69.6M +$2.48M +702,636 +3%
KGI
4
Kopernik Global Investors
Florida
$56.6M +$11.3M +3,187,981 +23%
BlackRock
5
BlackRock
New York
$55.5M +$3.83M +1,084,249 +7%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$41.2M -$9.41M -2,662,611 -18%
Vanguard Group
7
Vanguard Group
Pennsylvania
$36M +$598K +169,209 +2%
BPCE
8
Bank Pictet & Cie (Europe)
Germany
$26.8M
VanEck Associates
9
VanEck Associates
New York
$23.3M -$1.19M -337,869 -5%
UBS Group
10
UBS Group
Switzerland
$16M +$4.03M +1,139,995 +31%
State Street
11
State Street
Massachusetts
$14.5M +$165K +46,678 +1%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$10.2M +$71.4K +20,218 +0.7%
Amundi
13
Amundi
France
$8.14M +$889K +251,583 +12%
Invesco
14
Invesco
Georgia
$7.71M +$138K +39,167 +2%
Russell Investments Group
15
Russell Investments Group
United Kingdom
$6.4M -$156K -44,097 -2%
Morgan Stanley
16
Morgan Stanley
New York
$5.61M -$528K -149,427 -8%
Northern Trust
17
Northern Trust
Illinois
$5.2M +$360K +101,860 +7%
Goldman Sachs
18
Goldman Sachs
New York
$5.18M +$1.66M +469,648 +43%
SI
19
Sprott Inc
Ontario, Canada
$5.03M -$1.08M -306,456 -17%
JP
20
JNE Partners
United Kingdom
$4.35M
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$3.99M -$299K -84,488 -7%
Wellington Management Group
22
Wellington Management Group
Massachusetts
$3.82M +$5.19K +1,468 +0.1%
Teacher Retirement System of Texas
23
Teacher Retirement System of Texas
Texas
$3.57M
Charles Schwab
24
Charles Schwab
California
$3.45M -$10.4K -2,950 -0.3%
Barclays
25
Barclays
United Kingdom
$3.21M +$158K +44,717 +5%

NG Hedge Fund Activity: Q4 2024 in Review

172 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2024, worth a combined $644M — down 17% from $775M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of NG and 13 opened new positions — a net loss of 9 holders — while 44 trimmed existing stakes and 62 added.

The largest buyer was Kopernik Global Investors, adding an estimated $11.3M. The largest seller was Fidelity Investments, cutting an estimated $9.41M.

  • 172 institutional investors held NovaGold Resources (NG) as of Q4 2024, down from 183 in Q3 2024.
  • Funds reported $644M of NovaGold Resources stock for Q4 2024, down 17% quarter-over-quarter.
  • 13 funds opened new NovaGold Resources positions in Q4 2024 and 22 closed out, a net change of -9 holders.
  • The largest NovaGold Resources buyer in Q4 2024 was Kopernik Global Investors, an estimated $11.3M added.
  • The largest NovaGold Resources seller in Q4 2024 was Fidelity Investments, an estimated $9.41M sold.

Based on aggregated 13F filings for Q4 2024.