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Northern Oil and Gas

376 hedge funds and large institutions have $3.22B invested in Northern Oil and Gas in 2025 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 161 increasing their positions, 126 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

152% more call options, than puts

Call options by funds: $95.2M | Put options by funds: $37.8M

28% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 39

28% more repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 126

2% more funds holding

Funds holding: 367376 (+9)

0.6% more ownership

Funds ownership: 114.16%114.76% (+0.6%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

6% less capital invested

Capital invested by funds: $3.42B → $3.22B (-$207M)

Holders
376
Holders Change
+9
Holders Change %
+2.45%
% of All Funds
4.95%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
50
Increased
161
Reduced
126
Closed
39
Calls
$95.2M
Puts
$37.8M
Net Calls
+$57.4M
Net Calls Change
+$46.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$403M -$22.1M -823,247 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$309M -$3.88M -144,404 -1%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$299M -$2.42M -89,864 -0.8%
American Century Companies
4
American Century Companies
Missouri
$228M +$29.1M +1,080,051 +16%
State Street
5
State Street
Massachusetts
$137M -$17M -631,331 -12%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$133M +$11M +407,414 +9%
Invesco
7
Invesco
Georgia
$99.7M +$2.57M +95,556 +3%
AllianceBernstein
8
AllianceBernstein
Tennessee
$96M -$1.06M -39,537 -1%
WHG
9
Westwood Holdings Group
Texas
$68.8M -$14.9M -552,243 -19%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$64.2M -$1.7M -63,231 -3%
Allspring Global Investments
11
Allspring Global Investments
North Carolina
$56.9M +$10.7M +397,128 +26%
Morgan Stanley
12
Morgan Stanley
New York
$54.7M +$184K +6,836 +0.4%
CCM
13
Copeland Capital Management
Pennsylvania
$53.2M -$4.5M -167,211 -8%
Westfield Capital Management
14
Westfield Capital Management
Massachusetts
$49.3M +$2.78M +103,366 +6%
UBS Group
15
UBS Group
Switzerland
$48.4M +$16.3M +607,271 +55%
CCM
16
Channing Capital Management
Illinois
$41.7M -$12.1M -448,980 -23%
N
17
Nuveen
North Carolina
$37.5M +$3.34M +124,062 +10%
Charles Schwab
18
Charles Schwab
California
$34.8M +$2.32M +86,412 +8%
HRCM
19
Hood River Capital Management
Florida
$34.7M -$4.17M -155,135 -11%
Macquarie Group
20
Macquarie Group
Australia
$32.9M +$31.2M +1,160,726 New
Northern Trust
21
Northern Trust
Illinois
$32.8M -$729K -27,100 -2%
New York State Common Retirement Fund
22
New York State Common Retirement Fund
New York
$32M +$944K +35,105 +3%
Goldman Sachs
23
Goldman Sachs
New York
$30.4M -$4.94M -183,794 -15%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$28.4M -$2.09M -77,618 -7%
VOYA Investment Management
25
VOYA Investment Management
Georgia
$27.6M +$13.3M +493,819 +103%

NOG Hedge Fund Activity: Q2 2025 in Review

376 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Northern Oil and Gas (NOG) for Q2 2025, worth a combined $3.22B — down 6% from $3.42B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new NOG positions and 39 closed out — a net gain of 11 holders — while 161 added to existing stakes and 126 trimmed.

The largest buyer was Macquarie Group, opening a new position worth an estimated $31.2M. The largest seller was BlackRock, cutting an estimated $22.1M.

  • 376 institutional investors held Northern Oil and Gas (NOG) as of Q2 2025, up from 367 in Q1 2025.
  • Funds reported $3.22B of Northern Oil and Gas stock for Q2 2025, down 6% quarter-over-quarter.
  • 50 funds opened new Northern Oil and Gas positions in Q2 2025 and 39 closed out, a net change of +11 holders.
  • The largest Northern Oil and Gas buyer in Q2 2025 was Macquarie Group, an estimated $31.2M added.
  • The largest Northern Oil and Gas seller in Q2 2025 was BlackRock, an estimated $22.1M sold.

Based on aggregated 13F filings for Q2 2025.