Northern Oil and Gas
341 hedge funds and large institutions have $3.9B invested in Northern Oil and Gas in 2024 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 141 increasing their positions, 110 reducing their positions, and 34 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
28% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 110
26% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 34
4.69% more ownership
Funds ownership: 105.11% → 109.8% (+4.7%)
2% more funds holding
Funds holding: 333 → 341 (+8)
1% less capital invested
Capital invested by funds: $3.95B → $3.9B (-$49.7M)
11% less call options, than puts
Call options by funds: $65.8M | Put options by funds: $74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$53.1M |
| 2 |
BlackRock
New York
|
+$35.4M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$30.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.6M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$27.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$51.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$42M |
| 3 |
Millennium Management
New York
|
-$25.7M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$17.4M |
| 5 |
Jane Street
New York
|
-$15.7M |
NOG Hedge Fund Activity: Q3 2024 in Review
341 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Northern Oil and Gas (NOG) for Q3 2024, worth a combined $3.9B — down 1.3% from $3.95B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new NOG positions and 34 closed out — a net gain of 9 holders — while 141 added to existing stakes and 110 trimmed.
The largest buyer was Channing Capital Management, opening a new position worth an estimated $53.1M. The largest seller was Adage Capital Partners, cutting an estimated $51.5M.
- 341 institutional investors held Northern Oil and Gas (NOG) as of Q3 2024, up from 333 in Q2 2024.
- Funds reported $3.9B of Northern Oil and Gas stock for Q3 2024, down 1.3% quarter-over-quarter.
- 43 funds opened new Northern Oil and Gas positions in Q3 2024 and 34 closed out, a net change of +9 holders.
- The largest Northern Oil and Gas buyer in Q3 2024 was Channing Capital Management, an estimated $53.1M added.
- The largest Northern Oil and Gas seller in Q3 2024 was Adage Capital Partners, an estimated $51.5M sold.
Based on aggregated 13F filings for Q3 2024.