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Northern Oil and Gas
NOG

376 hedge funds and large institutions have $3.22B invested in Northern Oil and Gas in 2025 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 161 increasing their positions, 126 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

152% more call options, than puts

Call options by funds: $95.2M | Put options by funds: $37.8M

28% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 39

28% more repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 126

2% more funds holding

Funds holding: 367 → 376 (+9)

0.6% more ownership

Funds ownership: 114.16% → 114.76% (+0.6%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

6% less capital invested

Capital invested by funds: $3.42B → $3.22B (-$207M)

Holders
376
Holders Change
+9
Holders Change %
+2.45%
% of All Funds
4.95%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
50
Increased
161
Reduced
126
Closed
39
Calls
$95.2M
Puts
$37.8M
Net Calls
+$57.4M
Net Calls Change
+$46.7M

Top Buyers

Rank Fund Capital Flow
1
Macquarie Group
Macquarie Group
Australia
+$31.2M
2
American Century Companies
American Century Companies
Missouri
+$29.1M
3
UBS Group
UBS Group
Switzerland
+$16.3M
4
VOYA Investment Management
VOYA Investment Management
Georgia
+$13.3M
5
Jennison Associates
Jennison Associates
New York
+$11.1M

Top Sellers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
-$22.1M
2
SEI Investments
SEI Investments
Pennsylvania
-$19.5M
3
State Street
State Street
Massachusetts
-$17M
4
WHG
Westwood Holdings Group
Texas
-$14.9M
5
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
-$13.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
BAMF
401
BI Asset Management Fondsmaeglerselskab
Denmark
– -$58K -1,910 Closed
FIA
402
FNY Investment Advisers
New York
– -$54K -1,800 Closed
HT
403
Headlands Technologies
Illinois
– -$52.7K -1,743 Closed
EA
404
Emerald Advisers
Pennsylvania
– -$16.1K -531 Closed
HCP
405
Hexagon Capital Partners
Arkansas
– -$13.1K -434 Closed
TCM
406
Tradewinds Capital Management
Washington
– -$12.1K -400 Closed
CCM
407
Coldstream Capital Management
Washington
– -$11.3K -374 Closed
NICM
408
Neo Ivy Capital Management
New York
– -$11K -364 Closed
LWANC
409
Laurel Wealth Advisors (North Carolina)
North Carolina
– -$1.09K -36 Closed
MAS
410
MPWM Advisory Solutions
Georgia
– -$635 -21 Closed
SIC
411
SJS Investment Consulting
Ohio
– -$545 -18 Closed
MG
412
Mather Group
Illinois
– -$514 -17 Closed
GFPC
413
Global Financial Private Client
Florida
– -$453 -15 Closed
CA
414
CoreCap Advisors
Michigan
– -$272 -9 Closed
CAL
415
Capital Advisors Ltd
Ohio
– +$269 +10 New
13 14 15 16
17

NOG Hedge Fund Activity: Q2 2025 in Review

376 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Northern Oil and Gas (NOG) for Q2 2025, worth a combined $3.22B — down 6% from $3.42B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new NOG positions and 39 closed out — a net gain of 11 holders — while 161 added to existing stakes and 126 trimmed.

The largest buyer was Macquarie Group, opening a new position worth an estimated $31.2M. The largest seller was BlackRock, cutting an estimated $22.1M.

  • 376 institutional investors held Northern Oil and Gas (NOG) as of Q2 2025, up from 367 in Q1 2025.
  • Funds reported $3.22B of Northern Oil and Gas stock for Q2 2025, down 6% quarter-over-quarter.
  • 50 funds opened new Northern Oil and Gas positions in Q2 2025 and 39 closed out, a net change of +11 holders.
  • The largest Northern Oil and Gas buyer in Q2 2025 was Macquarie Group, an estimated $31.2M added.
  • The largest Northern Oil and Gas seller in Q2 2025 was BlackRock, an estimated $22.1M sold.

Based on aggregated 13F filings for Q2 2025.