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NovaGold Resources

197 hedge funds and large institutions have $1.01B invested in NovaGold Resources in 2025 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 82 increasing their positions, 40 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 18

105% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 40

86% more capital invested

Capital invested by funds: $546M → $1.01B (+$468M)

37% more call options, than puts

Call options by funds: $1.62M | Put options by funds: $1.18M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

9% more funds holding

Funds holding: 180197 (+17)

4.93% more ownership

Funds ownership: 55.87%60.8% (+4.9%)

Holders
197
Holders Change
+17
Holders Change %
+9.44%
% of All Funds
2.59%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.05%
New
37
Increased
82
Reduced
40
Closed
18
Calls
$1.62M
Puts
$1.18M
Net Calls
+$436K
Net Calls Change
+$703K
Name Holding Trade Value Shares
Change
Change in
Stake
LIM
1
Lingotto Investment Management
United Kingdom
$143M +$49.3M +13,180,065 +61%
PC
2
Paulson & Co
New York
$111M
KGI
3
Kopernik Global Investors
Florida
$78.2M +$1.96M +523,479 +3%
BlackRock
4
BlackRock
New York
$68.8M +$1.16M +309,778 +2%
Capital World Investors
5
Capital World Investors
California
$64.1M +$58.6M +15,666,000 New
Fidelity Investments
6
Fidelity Investments
Massachusetts
$50.3M +$18K +4,797 +0%
Vanguard Group
7
Vanguard Group
Pennsylvania
$48.4M +$3.54M +945,610 +9%
First Eagle Investment Management
8
First Eagle Investment Management
New York
$48.3M -$24.1M -6,425,600 -35%
UBS Group
9
UBS Group
Switzerland
$45.7M +$27M +7,210,630 +182%
ECP
10
Empyrean Capital Partners
California
$26.7M +$17.2M +4,605,934 +238%
VanEck Associates
11
VanEck Associates
New York
$25.8M -$1.18M -313,891 -5%
BPCE
12
Bank Pictet & Cie (Europe)
Germany
$23.3M -$8.7M -2,324,000 -29%
D.E. Shaw & Co
13
D.E. Shaw & Co
New York
$22M +$16.7M +4,462,364 +489%
Teacher Retirement System of Texas
14
Teacher Retirement System of Texas
Texas
$19.5M +$15M +4,000,000 +519%
Amundi
15
Amundi
France
$19.3M +$5.67M +1,515,822 +54%
State Street
16
State Street
Massachusetts
$17.6M +$154K +41,013 +1%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$12.8M +$88.8K +23,720 +0.8%
Morgan Stanley
18
Morgan Stanley
New York
$12.5M +$3.41M +910,731 +42%
Bank of America
19
Bank of America
North Carolina
$11.9M +$9.13M +2,438,052 +521%
BCM
20
Bornite Capital Management
New York
$8.18M +$7.49M +2,000,000 New
Russell Investments Group
21
Russell Investments Group
United Kingdom
$7.95M -$242K -64,676 -3%
GCM
22
Ghisallo Capital Management
Massachusetts
$7.12M +$6.52M +1,741,510 New
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$6.87M +$360K +96,239 +6%
Marshall Wace
24
Marshall Wace
United Kingdom
$6.7M +$6.13M +1,638,389 New
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$6.48M +$5.79M +1,547,891 +4,347%

NG Hedge Fund Activity: Q2 2025 in Review

197 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q2 2025, worth a combined $1.01B — up 86% from $546M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new NG positions and 18 closed out — a net gain of 19 holders — while 82 added to existing stakes and 40 trimmed.

The largest buyer was Capital World Investors, opening a new position worth an estimated $58.6M. The largest seller was First Eagle Investment Management, cutting an estimated $24.1M.

  • 197 institutional investors held NovaGold Resources (NG) as of Q2 2025, up from 180 in Q1 2025.
  • Funds reported $1.01B of NovaGold Resources stock for Q2 2025, up 86% quarter-over-quarter.
  • 37 funds opened new NovaGold Resources positions in Q2 2025 and 18 closed out, a net change of +19 holders.
  • The largest NovaGold Resources buyer in Q2 2025 was Capital World Investors, an estimated $58.6M added.
  • The largest NovaGold Resources seller in Q2 2025 was First Eagle Investment Management, an estimated $24.1M sold.

Based on aggregated 13F filings for Q2 2025.