Northern Oil and Gas
NOG
323 hedge funds and large institutions have $3.79B invested in Northern Oil and Gas in 2023 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 151 increasing their positions, 86 reducing their positions, and 40 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 86
23% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 40
3.83% more ownership
Funds ownership: 97.77% → 101.6% (+3.8%)
3% more capital invested
Capital invested by funds: $3.66B → $3.79B (+$128M)
1% more funds holding
Funds holding: 320 → 323 (+3)
5% less call options, than puts
Call options by funds: $60.6M | Put options by funds: $63.8M
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$109M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$107M |
| 3 |
BlackRock
New York
|
+$50.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$48.2M |
| 5 |
Morgan Stanley
New York
|
+$46.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$80.5M |
| 2 |
ACG
Aventail Capital Group
New York
|
-$22.3M |
| 3 |
Squarepoint
New York
|
-$8.1M |
| 4 |
Goldman Sachs
New York
|
-$6.81M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.14M |
NOG Hedge Fund Activity: Q4 2023 in Review
323 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Northern Oil and Gas (NOG) for Q4 2023, worth a combined $3.79B — up 3.5% from $3.66B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new NOG positions and 40 closed out — a net gain of 9 holders — while 151 added to existing stakes and 86 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $109M. The largest seller was Capital World Investors, exiting entirely with an estimated $80.5M sold.
- 323 institutional investors held Northern Oil and Gas (NOG) as of Q4 2023, up from 320 in Q3 2023.
- Funds reported $3.79B of Northern Oil and Gas stock for Q4 2023, up 3.5% quarter-over-quarter.
- 49 funds opened new Northern Oil and Gas positions in Q4 2023 and 40 closed out, a net change of +9 holders.
- The largest Northern Oil and Gas buyer in Q4 2023 was Fidelity Investments, an estimated $109M added.
- The largest Northern Oil and Gas seller in Q4 2023 was Capital World Investors, an estimated $80.5M sold.
Based on aggregated 13F filings for Q4 2023.