New Gold Inc
NGD was delisted on the 19th of March, 2026.
169 hedge funds and large institutions have $453M invested in New Gold Inc in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 54 reducing their positions, and 18 closing their positions.
214% more call options, than puts
Call options by funds: $2.01M | Put options by funds: $641K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
25% more capital invested
Capital invested by funds: $361M → $453M (+$91.5M)
2.68% more ownership
Funds ownership: 36.21% → 38.89% (+2.7%)
2% more funds holding
Funds holding: 166 → 169 (+3)
22% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVI
Pine Valley Investments
Marlton,
New Jersey
|
+$12.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$11.3M |
| 3 |
VanEck Associates
New York
|
+$7.66M |
| 4 |
Amundi
Paris,
France
|
+$7.61M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$23.5M |
| 2 |
Morgan Stanley
New York
|
-$5.95M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$2.14M |
| 4 |
Goldman Sachs
New York
|
-$1.98M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$1.48M |
NGD Hedge Fund Activity: Q1 2024 in Review
169 of the 6,945 institutional investors tracked by Wall St. Rank reported a position in New Gold Inc (NGD) for Q1 2024, worth a combined $453M — up 25% from $361M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NGD positions and 18 closed out — a net gain of 5 holders — while 42 added to existing stakes and 54 trimmed.
The largest buyer was Pine Valley Investments, opening a new position worth an estimated $12.3M. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $23.5M sold.
- 169 institutional investors held New Gold Inc (NGD) as of Q1 2024, up from 166 in Q4 2023.
- Funds reported $453M of New Gold Inc stock for Q1 2024, up 25% quarter-over-quarter.
- 23 funds opened new New Gold Inc positions in Q1 2024 and 18 closed out, a net change of +5 holders.
- The largest New Gold Inc buyer in Q1 2024 was Pine Valley Investments, an estimated $12.3M added.
- The largest New Gold Inc seller in Q1 2024 was Hillsdale Investment Management, an estimated $23.5M sold.
Based on aggregated 13F filings for Q1 2024.