New Gold Inc
NGD was delisted on the 19th of March, 2026.
154 hedge funds and large institutions have $192M invested in New Gold Inc in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 48 reducing their positions, and 22 closing their positions.
245% more call options, than puts
Call options by funds: $1.02M | Put options by funds: $296K
1.32% less ownership
Funds ownership: 31.89% → 30.57% (-1.3%)
7% less funds holding
Funds holding: 165 → 154 (-11)
18% less capital invested
Capital invested by funds: $236M → $192M (-$43.5M)
29% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 48
41% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$3.73M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$2.65M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$1.37M |
| 4 |
Goldman Sachs
New York
|
+$843K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$593K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$3.38M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.66M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.92M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$1.18M |
| 5 |
Millennium Management
New York
|
-$1M |
NGD Hedge Fund Activity: Q3 2023 in Review
154 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in New Gold Inc (NGD) for Q3 2023, worth a combined $192M — down 18% from $236M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NGD and 13 opened new positions — a net loss of 9 holders — while 48 trimmed existing stakes and 34 added.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $3.73M. The largest seller was JP Morgan Chase, cutting an estimated $3.38M.
- 154 institutional investors held New Gold Inc (NGD) as of Q3 2023, down from 165 in Q2 2023.
- Funds reported $192M of New Gold Inc stock for Q3 2023, down 18% quarter-over-quarter.
- 13 funds opened new New Gold Inc positions in Q3 2023 and 22 closed out, a net change of -9 holders.
- The largest New Gold Inc buyer in Q3 2023 was Heartland Advisors, an estimated $3.73M added.
- The largest New Gold Inc seller in Q3 2023 was JP Morgan Chase, an estimated $3.38M sold.
Based on aggregated 13F filings for Q3 2023.