Northern Oil and Gas
130 hedge funds and large institutions have $119M invested in Northern Oil and Gas in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 43 reducing their positions, and 41 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 43
0.76% less ownership
Funds ownership: 5.18% → 4.41% (-0.76%)
17% less funds holding
Funds holding: 157 → 130 (-27)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
59% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 41
76% less capital invested
Capital invested by funds: $491M → $119M (-$373M)
84% less call options, than puts
Call options by funds: $237K | Put options by funds: $1.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$4.42M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.9M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
+$1.24M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.14M |
| 5 |
Squarepoint
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$19.5M |
| 2 |
DCP
Diameter Capital Partners
New York
|
-$10M |
| 3 |
Morgan Stanley
New York
|
-$6.02M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$5.39M |
| 5 |
D.E. Shaw & Co
New York
|
-$4.97M |
NOG Hedge Fund Activity: Q1 2020 in Review
130 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Northern Oil and Gas (NOG) for Q1 2020, worth a combined $119M — down 76% from $491M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of NOG and 17 opened new positions — a net loss of 24 holders — while 43 trimmed existing stakes and 48 added.
The largest buyer was State Street, adding an estimated $4.42M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $19.5M sold.
- 130 institutional investors held Northern Oil and Gas (NOG) as of Q1 2020, down from 157 in Q4 2019.
- Funds reported $119M of Northern Oil and Gas stock for Q1 2020, down 76% quarter-over-quarter.
- 17 funds opened new Northern Oil and Gas positions in Q1 2020 and 41 closed out, a net change of -24 holders.
- The largest Northern Oil and Gas buyer in Q1 2020 was State Street, an estimated $4.42M added.
- The largest Northern Oil and Gas seller in Q1 2020 was Portolan Capital Management, an estimated $19.5M sold.
Based on aggregated 13F filings for Q1 2020.