Northern Oil and Gas
120 hedge funds and large institutions have $150M invested in Northern Oil and Gas in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 31 increasing their positions, 42 reducing their positions, and 35 closing their positions.
117% more call options, than puts
Call options by funds: $4.72M | Put options by funds: $2.17M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more capital invested
Capital invested by funds: $119M → $150M (+$31.3M)
0.25% less ownership
Funds ownership: 4.41% → 4.15% (-0.25%)
8% less funds holding
Funds holding: 130 → 120 (-10)
26% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 42
29% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.6M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$5.33M |
| 3 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
+$3.03M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.85M |
| 5 |
Jane Street
New York
|
+$2.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$13.7M |
| 2 |
State Street
Boston,
Massachusetts
|
-$13.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.09M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$2.14M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.61M |
NOG Hedge Fund Activity: Q2 2020 in Review
120 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Northern Oil and Gas (NOG) for Q2 2020, worth a combined $150M — up 26% from $119M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of NOG and 25 opened new positions — a net loss of 10 holders — while 42 trimmed existing stakes and 31 added.
The largest buyer was Fidelity Investments, adding an estimated $17.6M. The largest seller was BlackRock, cutting an estimated $13.7M.
- 120 institutional investors held Northern Oil and Gas (NOG) as of Q2 2020, down from 130 in Q1 2020.
- Funds reported $150M of Northern Oil and Gas stock for Q2 2020, up 26% quarter-over-quarter.
- 25 funds opened new Northern Oil and Gas positions in Q2 2020 and 35 closed out, a net change of -10 holders.
- The largest Northern Oil and Gas buyer in Q2 2020 was Fidelity Investments, an estimated $17.6M added.
- The largest Northern Oil and Gas seller in Q2 2020 was BlackRock, an estimated $13.7M sold.
Based on aggregated 13F filings for Q2 2020.