Northern Oil and Gas
291 hedge funds and large institutions have $3.11B invested in Northern Oil and Gas in 2023 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 121 increasing their positions, 71 reducing their positions, and 23 closing their positions.
148% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 23
108% more call options, than puts
Call options by funds: $112M | Put options by funds: $53.8M
70% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 71
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
21% more capital invested
Capital invested by funds: $2.56B → $3.11B (+$549M)
13% more funds holding
Funds holding: 258 → 291 (+33)
7.33% more ownership
Funds ownership: 98.98% → 106.31% (+7.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$43.1M |
| 2 |
Millennium Management
New York
|
+$34.1M |
| 3 |
BlackRock
New York
|
+$34M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$29.6M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$105M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$38.2M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$20.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.6M |
| 5 |
ACG
Aventail Capital Group
New York
|
-$8.73M |
NOG Hedge Fund Activity: Q2 2023 in Review
291 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Northern Oil and Gas (NOG) for Q2 2023, worth a combined $3.11B — up 21% from $2.56B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new NOG positions and 23 closed out — a net gain of 34 holders — while 121 added to existing stakes and 71 trimmed.
The largest buyer was American Century Companies, adding an estimated $43.1M. The largest seller was Capital World Investors, cutting an estimated $105M.
- 291 institutional investors held Northern Oil and Gas (NOG) as of Q2 2023, up from 258 in Q1 2023.
- Funds reported $3.11B of Northern Oil and Gas stock for Q2 2023, up 21% quarter-over-quarter.
- 57 funds opened new Northern Oil and Gas positions in Q2 2023 and 23 closed out, a net change of +34 holders.
- The largest Northern Oil and Gas buyer in Q2 2023 was American Century Companies, an estimated $43.1M added.
- The largest Northern Oil and Gas seller in Q2 2023 was Capital World Investors, an estimated $105M sold.
Based on aggregated 13F filings for Q2 2023.