Northern Oil and Gas
160 hedge funds and large institutions have $360M invested in Northern Oil and Gas in 2019 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 37 reducing their positions, and 19 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 37
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
5% more funds holding
Funds holding: 152 → 160 (+8)
0.11% more ownership
Funds ownership: 4.77% → 4.88% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
27% less capital invested
Capital invested by funds: $493M → $360M (-$133M)
96% less call options, than puts
Call options by funds: $673K | Put options by funds: $17.1M
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.5M |
| 2 |
BlackRock
New York
|
+$13.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$12.5M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$9.67M |
| 5 |
State Street
Boston,
Massachusetts
|
+$4.21M |
Top Sellers
| 1 |
CPI
Crestview Partners III
New York
|
-$24.7M |
| 2 |
Millennium Management
New York
|
-$12.5M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$12.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$11.4M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$5.35M |
NOG Hedge Fund Activity: Q2 2019 in Review
160 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Northern Oil and Gas (NOG) for Q2 2019, worth a combined $360M — down 27% from $493M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new NOG positions and 19 closed out — a net gain of 11 holders — while 68 added to existing stakes and 37 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $33.5M. The largest seller was Crestview Partners III, cutting an estimated $24.7M.
- 160 institutional investors held Northern Oil and Gas (NOG) as of Q2 2019, up from 152 in Q1 2019.
- Funds reported $360M of Northern Oil and Gas stock for Q2 2019, down 27% quarter-over-quarter.
- 30 funds opened new Northern Oil and Gas positions in Q2 2019 and 19 closed out, a net change of +11 holders.
- The largest Northern Oil and Gas buyer in Q2 2019 was Fidelity Investments, an estimated $33.5M added.
- The largest Northern Oil and Gas seller in Q2 2019 was Crestview Partners III, an estimated $24.7M sold.
Based on aggregated 13F filings for Q2 2019.