Nouveau Monde Graphite
NMG
23 hedge funds and large institutions have $34.6M invested in Nouveau Monde Graphite in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 6 closing their positions.
1,000% more call options, than puts
Call options by funds: $55K | Put options by funds: $5K
360% more capital invested
Capital invested by funds: $7.53M → $34.6M (+$27.1M)
11.55% more ownership
Funds ownership: 4.76% → 16.32% (+12%)
12% less funds holding
Funds holding: 26 → 23 (-3)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GMH
General Motors Holdings
Detroit,
Michigan
|
+$29.2M |
| 2 |
Millennium Management
New York
|
+$97.3K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$94K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$60.3K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$32.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Richelieu Gestion
Paris,
France
|
-$666K |
| 2 |
VanEck Associates
New York
|
-$199K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$113K |
| 4 |
VF
Virtu Financial
New York
|
-$75K |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$70.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Simplex Trading
Chicago,
Illinois
| – | -$4.28K | -1,834 | Closed |
|
|
BWM
27
BKM Wealth Management
Brookfield,
Wisconsin
| – | -$1.17K | -450 | Closed |
|
28
JP Morgan Chase
New York
| – | -$783 | -300 | Closed |
|
NMG Hedge Fund Activity: Q1 2024 in Review
23 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Nouveau Monde Graphite (NMG) for Q1 2024, worth a combined $34.6M — up 360% from $7.53M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NMG and 3 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was General Motors Holdings, opening a new position worth an estimated $29.2M. The largest seller was Richelieu Gestion, cutting an estimated $666K.
- 23 institutional investors held Nouveau Monde Graphite (NMG) as of Q1 2024, down from 26 in Q4 2023.
- Funds reported $34.6M of Nouveau Monde Graphite stock for Q1 2024, up 360% quarter-over-quarter.
- 3 funds opened new Nouveau Monde Graphite positions in Q1 2024 and 6 closed out, a net change of -3 holders.
- The largest Nouveau Monde Graphite buyer in Q1 2024 was General Motors Holdings, an estimated $29.2M added.
- The largest Nouveau Monde Graphite seller in Q1 2024 was Richelieu Gestion, an estimated $666K sold.
Based on aggregated 13F filings for Q1 2024.