New Gold Inc
NGD was delisted on the 19th of March, 2026.
173 hedge funds and large institutions have $940M invested in New Gold Inc in 2017 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 67 increasing their positions, 47 reducing their positions, and 33 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 47
4.29% more ownership
Funds ownership: 50.25% → 54.54% (+4.3%)
4% more capital invested
Capital invested by funds: $906M → $940M (+$34.2M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 180 → 173 (-7)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
38% less call options, than puts
Call options by funds: $6.81M | Put options by funds: $11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$45.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$33.2M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$31.6M |
| 4 |
DSC
Donald Smith & Co
New York
|
+$28.6M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$41.7M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$30.6M |
| 3 |
Renaissance Technologies
New York
|
-$18.9M |
| 4 |
Bank of New York Mellon
New York
|
-$15.3M |
| 5 |
OWIM
Old West Investment Management
Los Angeles,
California
|
-$12.9M |
NGD Hedge Fund Activity: Q1 2017 in Review
173 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in New Gold Inc (NGD) for Q1 2017, worth a combined $940M — up 3.8% from $906M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of NGD and 29 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 67 added.
The largest buyer was Hexavest, adding an estimated $45.3M. The largest seller was Guardian Capital (Canada), exiting entirely with an estimated $41.7M sold.
- 173 institutional investors held New Gold Inc (NGD) as of Q1 2017, down from 180 in Q4 2016.
- Funds reported $940M of New Gold Inc stock for Q1 2017, up 3.8% quarter-over-quarter.
- 29 funds opened new New Gold Inc positions in Q1 2017 and 33 closed out, a net change of -4 holders.
- The largest New Gold Inc buyer in Q1 2017 was Hexavest, an estimated $45.3M added.
- The largest New Gold Inc seller in Q1 2017 was Guardian Capital (Canada), an estimated $41.7M sold.
Based on aggregated 13F filings for Q1 2017.