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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$31.2M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$29.1M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$16.3M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$13.3M |
| 5 |
Jennison Associates
New York
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$22.1M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$19.5M |
| 3 |
State Street
Boston,
Massachusetts
|
-$17M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$14.9M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$13.2M |
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.