NovaGold Resources
235 hedge funds and large institutions have $3.11B invested in NovaGold Resources in 2025 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 68 increasing their positions, 63 reducing their positions, and 20 closing their positions.
374% more call options, than puts
Call options by funds: $6.54M | Put options by funds: $1.38M
215% more capital inflows, than outflows
Capital inflows: $1.04B | Capital outflows: $330M
190% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 20
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
18.75% more ownership
Funds ownership: 63.13% → 81.87% (+19%)
18% more funds holding
Funds holding: 200 → 235 (+35)
8% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$64.8M |
| 2 |
Greenwich Wealth Management
Greenwich,
Connecticut
|
+$18.5M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$18.5M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$7.39M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$6.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$88.3M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$49.5M |
| 3 |
Kopernik Global Investors
Tampa,
Florida
|
-$43.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$31.9M |
| 5 |
First Eagle Investment Management
New York
|
-$24.4M |
NG Hedge Fund Activity: Q4 2025 in Review
235 of the 8,297 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q4 2025, worth a combined $3.11B — up 37% from $2.27B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new NG positions and 20 closed out — a net gain of 38 holders — while 68 added to existing stakes and 63 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $64.8M. The largest seller was UBS Group, cutting an estimated $88.3M.
- 235 institutional investors held NovaGold Resources (NG) as of Q4 2025, up from 200 in Q3 2025.
- Funds reported $3.11B of NovaGold Resources stock for Q4 2025, up 37% quarter-over-quarter.
- 58 funds opened new NovaGold Resources positions in Q4 2025 and 20 closed out, a net change of +38 holders.
- The largest NovaGold Resources buyer in Q4 2025 was Fidelity Investments, an estimated $64.8M added.
- The largest NovaGold Resources seller in Q4 2025 was UBS Group, an estimated $88.3M sold.
Based on aggregated 13F filings for Q4 2025.