Northern Oil and Gas
367 hedge funds and large institutions have $3.42B invested in Northern Oil and Gas in 2025 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 138 increasing their positions, 131 reducing their positions, and 72 closing their positions.
26% more call options, than puts
Call options by funds: $52.8M | Put options by funds: $42.1M
2.68% more ownership
Funds ownership: 111.48% → 114.16% (+2.7%)
5% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 131
7% less funds holding
Funds holding: 395 → 367 (-28)
17% less capital invested
Capital invested by funds: $4.14B → $3.42B (-$715M)
32% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 72
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$34.3M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$27.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$21.2M |
| 4 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$16M |
| 5 |
State Street
Boston,
Massachusetts
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.4M |
| 2 |
Goldman Sachs
New York
|
-$16.2M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$15.6M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$15M |
| 5 |
BlackRock
New York
|
-$12.5M |
NOG Hedge Fund Activity: Q1 2025 in Review
367 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Northern Oil and Gas (NOG) for Q1 2025, worth a combined $3.42B — down 17% from $4.14B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of NOG and 49 opened new positions — a net loss of 23 holders — while 131 trimmed existing stakes and 138 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $34.3M. The largest seller was Fidelity Investments, cutting an estimated $20.4M.
- 367 institutional investors held Northern Oil and Gas (NOG) as of Q1 2025, down from 395 in Q4 2024.
- Funds reported $3.42B of Northern Oil and Gas stock for Q1 2025, down 17% quarter-over-quarter.
- 49 funds opened new Northern Oil and Gas positions in Q1 2025 and 72 closed out, a net change of -23 holders.
- The largest Northern Oil and Gas buyer in Q1 2025 was Dimensional Fund Advisors, an estimated $34.3M added.
- The largest Northern Oil and Gas seller in Q1 2025 was Fidelity Investments, an estimated $20.4M sold.
Based on aggregated 13F filings for Q1 2025.