Vault-13

NEW GOLD INC CDA NGD

COM · Common Stock · CUSIP 644535106 · ISIN CA6445351068

2 institutional holders -323 vs Q4 2025
133,886133.9k shares reported held*
$1.2mreported value*
0 new 0 added 1 reduced 314 sold out net sold ≈ $4.1bn (-453.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $9.08.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 147Q4 22: 153Q1 23: 162Q2 23: 166Q3 23: 156Q4 23: 167Q1 24: 170Q2 24: 193Q3 24: 220Q4 24: 224Q1 25: 249Q2 25: 283Q3 25: 302Q4 25: 325Q1 26: 22Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022147
Q4 2022153
Q1 2023162
Q2 2023166
Q3 2023156
Q4 2023167
Q1 2024170
Q2 2024193
Q3 2024220
Q4 2024224
Q1 2025249
Q2 2025283
Q3 2025302
Q4 2025325
Q1 20262

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q2 24: 108 bought or addedQ2 24: 48 cut or sold outQ3 24: 114 bought or addedQ3 24: 69 cut or sold outQ3 24Q4 24: 99 bought or addedQ4 24: 88 cut or sold outQ1 25: 138 bought or addedQ1 25: 79 cut or sold outQ1 25Q2 25: 139 bought or addedQ2 25: 112 cut or sold outQ3 25: 136 bought or addedQ3 25: 142 cut or sold outQ3 25Q4 25: 165 bought or addedQ4 25: 174 cut or sold outQ1 26: 0 bought or addedQ1 26: 315 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202410848
Q3 202411469
Q4 20249988
Q1 202513879
Q2 2025139112
Q3 2025136142
Q4 2025165174
Q1 20260315

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50m$100m$150m$200mQ2 25 calls: $88.2mQ2 25 puts: $5.4mQ2 25P/C 0.06Q3 25 calls: $133.3mQ3 25 puts: $9.8mQ3 25P/C 0.07Q4 25 calls: $156.8mQ4 25 puts: $15.7mQ4 25P/C 0.10Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$88.2m$5.4m0.06
Q3 2025$133.3m$9.8m0.07
Q4 2025$156.8m$15.7m0.10
Q1 2026$0$0—

Biggest buyers

None

Biggest sellers

VAN ECK ASSOCIATES CORP Reduced -64,184,918-64.2m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -29,274,513-29.3m
Condire Management, LP Sold out -27,437,020-27.4m
AMERICAN CENTURY COMPANIES INC Sold out -17,131,025-17.1m
GOLDMAN SACHS GROUP INC Sold out -16,203,877-16.2m
RENAISSANCE TECHNOLOGIES LLC Sold out -15,873,764-15.9m
MILLENNIUM MANAGEMENT LLC Sold out -13,069,153-13.1m
AQR Arbitrage LLC Sold out -10,530,591-10.5m
Balyasny Asset Management L.P. Sold out -10,467,113-10.5m
SOROS FUND MANAGEMENT LLC Sold out -9,691,998-9.7m

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
VAN ECK ASSOCIATES CORP 13G · institution +3.1 pts · filed 2025-11-12 9.7% +3.1 pts 76.7m 2025-11-12

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 133,386133.4k $1.2m $1.2m 0.00% Reduced -64.2m -64,184,918
2 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 500500 $4.4k $4.4k 0.00% Unchanged