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Northern Oil and Gas

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.

New
Increased
Maintained
Reduced
Closed

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: 320323 (+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: 95 (-4)

Holders
323
Holders Change
+3
Holders Change %
+0.94%
% of All Funds
4.71%
Holding in Top 10
5
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-44.44%
% of All Funds
0.07%
New
49
Increased
151
Reduced
86
Closed
40
Calls
$60.6M
Puts
$63.8M
Net Calls
-$3.25M
Net Calls Change
+$8.86M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$508M +$50.1M +1,324,324 +11%
Vanguard Group
2
Vanguard Group
Pennsylvania
$392M +$107M +2,827,642 +36%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$362M +$109M +2,884,891 +42%
State Street
4
State Street
Massachusetts
$201M +$28.2M +745,691 +16%
Invesco
5
Invesco
Georgia
$145M +$4.42M +117,016 +3%
American Century Companies
6
American Century Companies
Missouri
$142M +$48.2M +1,274,884 +50%
Morgan Stanley
7
Morgan Stanley
New York
$90M +$46.5M +1,229,034 +103%
CCM
8
Copeland Capital Management
Pennsylvania
$80.2M -$2.14M -56,554 -3%
WHG
9
Westwood Holdings Group
Texas
$79.1M +$14.4M +381,665 +22%
Adage Capital Partners
10
Adage Capital Partners
Massachusetts
$78.3M +$25.2M +666,844 +46%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$69.7M +$8.61M +227,722 +14%
Westfield Capital Management
12
Westfield Capital Management
Massachusetts
$57M +$4.97M +131,448 +9%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$53.8M +$9.11M +240,894 +20%
N
14
Nuveen
North Carolina
$52.4M -$1.83M -48,348 -3%
Principal Financial Group
15
Principal Financial Group
Iowa
$52.1M +$942K +24,898 +2%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$51M +$12.3M +324,958 +31%
Allspring Global Investments
17
Allspring Global Investments
North Carolina
$50.2M +$25.3K +670 +0%
AllianceBernstein
18
AllianceBernstein
Tennessee
$42.3M -$2.57M -67,929 -6%
Northern Trust
19
Northern Trust
Illinois
$40.9M +$3.21M +84,859 +8%
PCM
20
Palisade Capital Management
New Jersey
$39.8M -$4.78M -126,432 -11%
Goldman Sachs
21
Goldman Sachs
New York
$39.6M -$6.81M -180,071 -14%
Loomis, Sayles & Company
22
Loomis, Sayles & Company
Massachusetts
$33.9M -$3.33M -88,153 -9%
Millennium Management
23
Millennium Management
New York
$32.7M -$593K -15,671 -2%
Ameriprise
24
Ameriprise
Minnesota
$32.6M -$6.14M -162,366 -16%
RCM
25
Requisite Capital Management
Texas
$30.5M +$9.91M +262,123 +47%

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.