NovaGold Resources
262 hedge funds and large institutions have $2.99B invested in NovaGold Resources in 2026 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 81 increasing their positions, 83 reducing their positions, and 24 closing their positions.
129% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 24
90% more capital inflows, than outflows
Capital inflows: $335M | Capital outflows: $177M
56% more call options, than puts
Call options by funds: $8.33M | Put options by funds: $5.35M
11% more funds holding
Funds holding: 235 → 262 (+27)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 83
5.9% less ownership
Funds ownership: 81.87% → 75.97% (-5.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$58.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$22M |
| 3 |
Lingotto Investment Management
London,
United Kingdom
|
+$16.9M |
| 4 |
Renaissance Technologies
New York
|
+$9.13M |
| 5 |
Schonfeld Strategic Advisors
New York
|
+$7.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kopernik Global Investors
Tampa,
Florida
|
-$19.7M |
| 2 |
BlackRock
New York
|
-$19.1M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$18.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.3M |
| 5 |
ALPS Advisors
Denver,
Colorado
|
-$15.4M |
NG Hedge Fund Activity: Q1 2026 in Review
262 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in NovaGold Resources (NG) for Q1 2026, worth a combined $2.99B — down 3.6% from $3.11B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new NG positions and 24 closed out — a net gain of 31 holders — while 81 added to existing stakes and 83 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $58.7M. The largest seller was Kopernik Global Investors, cutting an estimated $19.7M.
- 262 institutional investors held NovaGold Resources (NG) as of Q1 2026, up from 235 in Q4 2025.
- Funds reported $2.99B of NovaGold Resources stock for Q1 2026, down 3.6% quarter-over-quarter.
- 55 funds opened new NovaGold Resources positions in Q1 2026 and 24 closed out, a net change of +31 holders.
- The largest NovaGold Resources buyer in Q1 2026 was Principal Financial Group, an estimated $58.7M added.
- The largest NovaGold Resources seller in Q1 2026 was Kopernik Global Investors, an estimated $19.7M sold.
Based on aggregated 13F filings for Q1 2026.