NORTHERN DYNASTY MINERALS LT NAK
COM NEW · Common Stock · CUSIP 66510M204 · ISIN CA66510M2040
- SectorMaterials
- IndustryGold and Silver Ores
- FilingsSEC EDGAR
* 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 ($93 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $0.31. Options: 5 managers hold calls ($331.3k notional), 5 hold puts ($124.7k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 82 |
| Q4 2022 | 87 |
| Q1 2023 | 88 |
| Q2 2023 | 90 |
| Q3 2023 | 95 |
| Q4 2023 | 91 |
| Q1 2024 | 94 |
| Q2 2024 | 92 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 27 | 21 |
| Q1 2023 | 26 | 24 |
| Q2 2023 | 22 | 29 |
| Q3 2023 | 31 | 26 |
| Q4 2023 | 24 | 30 |
| Q1 2024 | 30 | 27 |
| Q2 2024 | 25 | 26 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $321.2k | $92.9k | 0.29 |
| Q4 2023 | $253.7k | $149.7k | 0.59 |
| Q1 2024 | $309.6k | $116.0k | 0.37 |
| Q2 2024 | $331.3k | $124.7k | 0.38 |
Biggest buyers
| Herr Investment Group LLC | Added | +999.9k |
| ALPS ADVISORS INC | Added | +618.3k |
| GAM Holding AG | Added | +180.0k |
| UBS Group AG | Added | +158.9k |
| BNP PARIBAS FINANCIAL MARKETS | New | +158.6k |
| COMMONWEALTH EQUITY SERVICES, LLC | Added | +135.0k |
| True North Advisors, LLC | New | +80.5k |
| WELLS FARGO & COMPANY/MN | Added | +65.0k |
| Baader Bank Aktiengesellschaft | New | +64.2k |
| XTX Topco Ltd | New | +50.2k |
Biggest sellers
| Mirae Asset Global Investments Co., Ltd. | Sold out | -13.2m |
| Valeo Financial Advisors, LLC | Sold out | -553.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -253.0k |
| MORGAN STANLEY | Reduced | -187.3k |
| ROYAL BANK OF CANADA | Reduced | -85.9k |
| JANE STREET GROUP, LLC | Sold out | -44.0k |
| STRATEGY ASSET MANAGERS LLC | Sold out | -35.0k |
| Invenomic Capital Management LP | Reduced | -26.6k |
| TWO SIGMA SECURITIES, LLC | Sold out | -25.4k |
| GTS SECURITIES LLC | Reduced | -16.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $304.7k982.8k shares |
| GROUP ONE TRADING LLC | Added | $13.7k44.2k shares |
| CITADEL ADVISORS LLC | Reduced | $7.9k25.5k shares |
| SIMPLEX TRADING, LLC | Added | $5.0k17.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $53.8k173.4k shares |
| CITADEL ADVISORS LLC | Added | $49.2k158.6k shares |
| SIMPLEX TRADING, LLC | Added | $11.0k35.4k shares |
| GROUP ONE TRADING LLC | Reduced | $10.7k34.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
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.
| Holder | Stake |
|---|---|
Kopernik Global Investors, LLC
13D · may seek influence
+1.3 pts · filed 2026-04-07
Stated purposeThe Reporting Persons purchased the Issuer's securities based on the Reporting Persons' belief that such securities, when purchased, were undervalued and represented an attractive investment opportunity. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of Common Shares at prices that would make the purchase or sale of Common Shares desirable, the Reporting Persons intend to continue to review their investment in the Issuer on an ongoing basis and may, from time to time and at any time, acquire additional Common Shares in the open market or otherwise, dispose of any or all of the Common Shares in the open market or otherwise, and/or engage in hedging or similar transactions with respect to the Common Shares. O… Full filing |
14.0% |
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Kopernik Global Investors, LLC 1.12% of their portfolio | 32.1m $10.0m | Unchanged |
| Herr Investment Group LLC 0.95% of their portfolio | 10.3m $3.2m | Added +999.9k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 7.4m $2.3m | Unchanged |
| Invenomic Capital Management LP 0.05% of their portfolio | 2.9m $885.5k | Reduced -26.6k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 1.8m $571.4k | Unchanged |
| ALPS ADVISORS INC 0.00% of their portfolio | 1.1m $344.3k | Added +618.3k |
| CADINHA & CO LLC 0.06% of their portfolio | 1.0m $310.5k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 890.0k $276.4k | Added +65.0k |
| GAM Holding AG 0.01% of their portfolio | 500.0k $155.2k | Added +180.0k |
| LCM Capital Management Inc 0.06% of their portfolio | 323.8k $100.5k | Unchanged |
| GRIMES & Co WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 298.9k $92.8k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 279.1k $86.5k | Added +158.9k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 276.6k $85.9k | Unchanged |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 233.9k $72.6k | Reduced -2.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 179.2k $55.7k | Reduced -253.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 177.1k $55.0k | Added +135.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 158.6k $49.2k | New |
| CITIGROUP INC 0.00% of their portfolio | 153.7k $47.2k | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 127.9k $37.4k | Reduced -5.6k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 123.1k $38.0k | Added +4.0k |
| BRADY FAMILY WEALTH, LLC 0.01% of their portfolio | 110.0k $34.2k | Unchanged |
| Sequoia Financial Advisors, LLC 0.00% of their portfolio | 85.9k $26.7k | Unchanged |
| True North Advisors, LLC 0.01% of their portfolio | 80.5k $25.0k | New |
| MORGAN STANLEY 0.00% of their portfolio | 80.2k $24.9k | Reduced -187.3k |
| Smith Anglin Financial, LLC 0.00% of their portfolio | 65.0k $20.2k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 65.0k $20.1k | Reduced -400 |
| Baader Bank Aktiengesellschaft 0.00% of their portfolio | 64.2k $16.4k | New |
| Game Plan Financial Advisors, LLC 0.01% of their portfolio | 61.0k $18.9k | Added +15.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 55.0k $17.1k | Added +10.0k |
| XTX Topco Ltd 0.00% of their portfolio | 50.2k $15.6k | New |
| EQUITABLE TRUST CO 0.00% of their portfolio | 50.0k $15.5k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 46.5k $14.4k | Reduced -3.0k |
| Plancorp, LLC 0.00% of their portfolio | 44.4k $13.8k | Unchanged |
| Catalyst Funds Management Pty Ltd 0.00% of their portfolio | 43.1k $13.4k | Unchanged |
| Versant Capital Management, Inc 0.00% of their portfolio | 40.6k $12.6k | Unchanged |
| SevenBridge Financial Group, LLC 0.00% of their portfolio | 39.4k $13.5k | Added +8.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 37.7k $11.6k | New |
| GTS SECURITIES LLC 0.00% of their portfolio | 35.4k $11.0k | Reduced -16.9k |
| FOUNDERS FINANCIAL SECURITIES LLC 0.00% of their portfolio | 34.5k $10.7k | Unchanged |
| WEALTH ALLIANCE, LLC 0.00% of their portfolio | 33.1k $10.3k | Unchanged |
| Baird Financial Group, Inc. 0.00% of their portfolio | 30.6k $9.5k | Unchanged |
| Ellsworth Advisors, LLC 0.00% of their portfolio | 30.3k $9.4k | Unchanged |
| 626 Financial, LLC 0.01% of their portfolio | 30.2k $9.4k | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 23.4k $7.2k | Unchanged |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 22.8k $7.1k | Unchanged |
| Fiduciary Alliance LLC 0.00% of their portfolio | 22.2k $7.0k | Reduced -5.1k |
| Keystone Wealth Services, LLC 0.00% of their portfolio | 21.2k $6.6k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 20.8k $6.5k | Unchanged |
| Nicholas Wealth, LLC. 0.00% of their portfolio | 20.3k $6.3k | Unchanged |
| PFG Investments, LLC 0.00% of their portfolio | 20.0k $6.2k | Unchanged |
| Independent Wealth Network Inc. 0.00% of their portfolio | 15.9k $5.0k | Unchanged |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 15.5k $5.0k | Unchanged |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 15.4k $4.8k | New |
| Wealth Alliance Advisory Group, LLC 0.00% of their portfolio | 15.0k $4.7k | Unchanged |
| Hibernia Wealth Partners, LLC 0.00% of their portfolio | 15.0k $4.7k | New |
| Creative Planning 0.00% of their portfolio | 13.4k $4.1k | Reduced -4.3k |
| Sage Investment Advisers LLC 0.00% of their portfolio | 13.0k $4.0k | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 12.7k $4.0k | Added +10.1k |
| GPS Wealth Strategies Group, LLC 0.00% of their portfolio | 11.5k $3.6k | Unchanged |
| UPTICK PARTNERS, LLC 0.00% of their portfolio | 11.0k $3.5k | Unchanged |
| Advisory Services Network, LLC 0.00% of their portfolio | 10.9k $3.4k | Unchanged |
| Arkadios Wealth Advisors 0.00% of their portfolio | 10.1k $3.1k | Added +100 |
| Faithward Advisors, LLC 0.00% of their portfolio | 10.0k $3.1k | Unchanged |
| NVWM, LLC 0.00% of their portfolio | 10.0k $3.1k | Unchanged |
| OneAscent Financial Services LLC 0.00% of their portfolio | 10.0k $3.0k | Unchanged |
| Range Financial Group LLC 0.00% of their portfolio | 10.0k $3.1k | Unchanged |
| Ridgepath Capital Management LLC 0.00% of their portfolio | 10.0k $3.1k | Reduced -3.0k |
| POM Investment Strategies, LLC 0.00% of their portfolio | 7.7k $2.4k | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 7.6k $2.2k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 7.5k $2.3k | Added +5.0k |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 6.0k $1.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.8k $1.0k | Reduced -85.9k |
| Parallel Advisors, LLC 0.00% of their portfolio | 4.2k $1.3k | Unchanged |
| MATHER GROUP, LLC. 0.00% of their portfolio | 3.1k $986 | New |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 0.00% of their portfolio | 3.0k $1.2k | Unchanged |
| Sound Income Strategies, LLC 0.00% of their portfolio | 3.0k $932 | New |
| ICA Group Wealth Management, LLC 0.00% of their portfolio | 1.8k $559 | Unchanged |
| Sugarloaf Wealth Management, LLC 0.00% of their portfolio | 1.8k $543 | Unchanged |
| Private Wealth Management Group, LLC 0.00% of their portfolio | 1.5k $466 | Unchanged |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio | 1.1k $342 | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 1.0k $311 | Unchanged |
| Coppell Advisory Solutions LLC 0.00% of their portfolio | 1.0k $310 | First filing |
| ORG Partners LLC 0.00% of their portfolio | 1.0k $312 | New |
| Cape Investment Advisory, Inc. 0.00% of their portfolio | 500 $155 | Unchanged |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 400 $125 | New |
| TORONTO DOMINION BANK 0.00% of their portfolio | 301 $93 | Reduced -16.8k |
| Briaud Financial Planning Inc 0.00% of their portfolio | 300 $0 | Unchanged |
| Aviso Financial Inc. 0.00% of their portfolio | 190 $54 | First filing |
| RE Dickinson Investment Advisors, LLC 0.00% of their portfolio | 175 $55 | Unchanged |
| Sunbelt Securities, Inc. 0.00% of their portfolio | 172 $53 | Unchanged |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 30 $9 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |