New Gold Inc
NGD was delisted on the 19th of March, 2026.
166 hedge funds and large institutions have $361M invested in New Gold Inc in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 62 increasing their positions, 26 reducing their positions, and 15 closing their positions.
264% more call options, than puts
Call options by funds: $1.84M | Put options by funds: $507K
138% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 26
88% more capital invested
Capital invested by funds: $192M → $361M (+$169M)
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
8% more funds holding
Funds holding: 154 → 166 (+12)
5.64% more ownership
Funds ownership: 30.57% → 36.21% (+5.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$14.1M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$9.41M |
| 3 |
Morgan Stanley
New York
|
+$7.33M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$5.18M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$9.41M |
| 2 |
MA
Mudita Advisors
London,
United Kingdom
|
-$2.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.93M |
| 4 |
Legal & General Group
London,
United Kingdom
|
-$1.25M |
| 5 |
Millennium Management
New York
|
-$648K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
176
Scotia Capital
Toronto,
Ontario, Canada
| – | -$9.88K | -10,909 | Closed |
|
|
CMBA
177
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$1.73K | -1,900 | Closed |
|
|
AIM
178
Anchor Investment Management
Columbia,
South Carolina
| – | -$683 | -750 | Closed |
|
|
SCA
179
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$546 | -600 | Closed |
|
180
US Bancorp
Minneapolis,
Minnesota
| – | -$455 | -500 | Closed |
|
181
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$21 | -23 | Closed |
|
NGD Hedge Fund Activity: Q4 2023 in Review
166 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in New Gold Inc (NGD) for Q4 2023, worth a combined $361M — up 88% from $192M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NGD positions and 15 closed out — a net gain of 13 holders — while 62 added to existing stakes and 26 trimmed.
The largest buyer was Hillsdale Investment Management, adding an estimated $14.1M. The largest seller was Sprott Inc, exiting entirely with an estimated $9.41M sold.
- 166 institutional investors held New Gold Inc (NGD) as of Q4 2023, up from 154 in Q3 2023.
- Funds reported $361M of New Gold Inc stock for Q4 2023, up 88% quarter-over-quarter.
- 28 funds opened new New Gold Inc positions in Q4 2023 and 15 closed out, a net change of +13 holders.
- The largest New Gold Inc buyer in Q4 2023 was Hillsdale Investment Management, an estimated $14.1M added.
- The largest New Gold Inc seller in Q4 2023 was Sprott Inc, an estimated $9.41M sold.
Based on aggregated 13F filings for Q4 2023.