New Gold Inc
NGD was delisted on the 19th of March, 2026.
248 hedge funds and large institutions have $1.56B invested in New Gold Inc in 2025 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 94 increasing their positions, 58 reducing their positions, and 20 closing their positions.
1,223% more call options, than puts
Call options by funds: $42.8M | Put options by funds: $3.23M
130% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 20
62% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 58
58% more capital invested
Capital invested by funds: $986M → $1.56B (+$570M)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
11% more funds holding
Funds holding: 224 → 248 (+24)
2.99% more ownership
Funds ownership: 50.05% → 53.04% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
+$19.1M |
| 2 |
JGGDR
JGP Global Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$12.4M |
| 3 |
JP Morgan Chase
New York
|
+$11.3M |
| 4 |
Renaissance Technologies
New York
|
+$8.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$8.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVI
Pine Valley Investments
Marlton,
New Jersey
|
-$29.4M |
| 2 |
VanEck Associates
New York
|
-$23.6M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$13.1M |
| 4 |
NC
Nokomis Capital
Dallas,
Texas
|
-$6.62M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$4.51M |
NGD Hedge Fund Activity: Q1 2025 in Review
248 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in New Gold Inc (NGD) for Q1 2025, worth a combined $1.56B — up 58% from $986M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new NGD positions and 20 closed out — a net gain of 26 holders — while 94 added to existing stakes and 58 trimmed.
The largest buyer was Pale Fire Capital SE, opening a new position worth an estimated $19.1M. The largest seller was Pine Valley Investments, cutting an estimated $29.4M.
- 248 institutional investors held New Gold Inc (NGD) as of Q1 2025, up from 224 in Q4 2024.
- Funds reported $1.56B of New Gold Inc stock for Q1 2025, up 58% quarter-over-quarter.
- 46 funds opened new New Gold Inc positions in Q1 2025 and 20 closed out, a net change of +26 holders.
- The largest New Gold Inc buyer in Q1 2025 was Pale Fire Capital SE, an estimated $19.1M added.
- The largest New Gold Inc seller in Q1 2025 was Pine Valley Investments, an estimated $29.4M sold.
Based on aggregated 13F filings for Q1 2025.