NOVAGOLD RES INC NG
COM NEW · Common Stock · CUSIP 66987E206 · ISIN CA66987E2069
Canadian mining company
- SectorMaterials
- IndustryGold and Silver Ores
- HeadquartersSalt Lake City, UT
- Websitenovagold.com
- 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 ($1.8m this quarter). Holder counts are more reliable. Shares outstanding: 438.8m as of 2026-06-19, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $5.97. Options: 12 managers hold calls ($6.3m notional), 10 hold puts ($3.0m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 173 |
| Q4 2022 | 188 |
| Q1 2023 | 180 |
| Q2 2023 | 183 |
| Q3 2023 | 178 |
| Q4 2023 | 177 |
| Q1 2024 | 188 |
| Q2 2024 | 178 |
| Q3 2024 | 184 |
| Q4 2024 | 173 |
| Q1 2025 | 181 |
| Q2 2025 | 198 |
| Q3 2025 | 200 |
| Q4 2025 | 234 |
| Q1 2026 | 260 |
| Q2 2026 | 247 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 79 | 70 |
| Q4 2024 | 71 | 66 |
| Q1 2025 | 78 | 68 |
| Q2 2025 | 117 | 58 |
| Q3 2025 | 115 | 72 |
| Q4 2025 | 113 | 85 |
| Q1 2026 | 126 | 107 |
| Q2 2026 | 143 | 93 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $5.3m | $2.4m | 0.45 |
| Q4 2025 | $5.6m | $1.4m | 0.25 |
| Q1 2026 | $8.3m | $5.4m | 0.64 |
| Q2 2026 | $6.3m | $3.0m | 0.48 |
Biggest buyers
| First Eagle Investment Management, LLC | Added | +5.8m |
| BlackRock, Inc. | Added | +4.4m |
| Greenwich Wealth Management LLC | Added | +2.7m |
| VANGUARD CAPITAL MANAGEMENT LLC | Added | +1.8m |
| UBS Group AG | Added | +1.4m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.3m |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +747.4k |
| STATE STREET CORP | Added | +734.7k |
| BANK OF AMERICA CORP /DE/ | Added | +694.7k |
| VANGUARD FIDUCIARY TRUST CO | Added | +649.6k |
Biggest sellers
| FMR LLC | Reduced | -7.1m |
| Lingotto Investment Management LLP | Reduced | -5.3m |
| MARSHALL WACE, LLP | Reduced | -1.8m |
| Capital World Investors | Reduced | -1.7m |
| Amundi | Reduced | -1.7m |
| JANE STREET GROUP, LLC | Sold out | -923.5k |
| D. E. Shaw & Co., Inc. | Reduced | -850.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -786.7k |
| Bank Pictet & Cie (Europe) AG | Reduced | -509.8k |
| GOLDMAN SACHS GROUP INC | Reduced | -403.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.8m295.7k shares |
| GROUP ONE TRADING LLC | Added | $967.7k162.1k shares |
| MILLENNIUM MANAGEMENT LLC | New | $848.0k100.0k shares |
| JANE STREET GROUP, LLC | Reduced | $663.9k111.2k shares |
| SIG North Trading, ULC | Added | $576.7k96.6k shares |
| CITADEL ADVISORS LLC | Reduced | $538.5k90.2k shares |
| IMC-Chicago, LLC | Added | $487.7k81.7k shares |
| SIMPLEX TRADING, LLC | Added | $223.3k37.4k shares |
| Point72 Asset Management, L.P. | New | $186.3k31.2k shares |
| HUB Investment Partners, LLC | New | $59.7k10.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $1.2m199.6k shares |
| IMC-Chicago, LLC | Added | $608.9k102.0k shares |
| JANE STREET GROUP, LLC | Reduced | $353.4k59.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $323.0k54.1k shares |
| GROUP ONE TRADING LLC | Added | $276.4k46.3k shares |
| Point72 Asset Management, L.P. | Reduced | $116.4k19.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $65.7k11.0k shares |
| SIG North Trading, ULC | New | $64.5k10.8k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $42.4k71 shares |
| TORONTO DOMINION BANK | Reduced | $6.0k1.0k 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 |
|---|---|
Electrum Strategic Resources L.P.
13D · may seek influence
-1.9 pts · filed 2026-07-23
Stated purposeItem 4 is hereby amended and supplemented as follows: Arrangement and Voting Agreements As further described in the Current Report on Form 8-K filed by the Issuer on July 22, 2026, on July 21, 2026, the Issuer, NovaGold Corporation and Paulson Advisers LLC entered into an Arrangement Agreement (the "Arrangement Agreement") pursuant to which, among other things, and on the terms and subject to the conditions thereof, NovaGold Corporation will acquire all of the issued and outstanding Common Shares of the Issuer by way of an arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) in accordance with the plan of arrangement of the Issuer (the "Plan of Arrangement"). In connection with the execution of the Arrangement Agreement, NovaGold Corporation entered int… Full filing |
23.9% |
| PAULSON & CO. INC. 13G · passive investor filed 2025-08-14 | 9.8% |
| Lingotto Investment Management LLP 13G · passive investor new · filed 2025-08-11 | 8.6% |
Fell to 5% or below in the last year: FMR LLC (3.4%, 2026-08-06), Kopernik Global Investors, LLC (4.5%, 2026-02-02)
Insider purchases and sales since 1 Apr 2026
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 2 | $50.0m | 0 | — | — |
| Q3 2025 | 1 | $20.0k | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 2 | $238.3k | 1 | $115 | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Electrum Group LLC 16.38% of their portfolio | 92.9m $554.6m | Unchanged |
| Lingotto Investment Management LLP 4.05% of their portfolio | 31.5m $188.2m | Reduced -5.3m |
| PAULSON & CO. INC. 6.31% of their portfolio | 27.2m $162.6m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 21.8m $130.0m | Added +4.4m |
| FMR LLC 0.00% of their portfolio | 15.0m $89.5m | Reduced -7.1m |
| First Eagle Investment Management, LLC 0.07% of their portfolio | 15.0m $89.4m | Added +5.8m |
| Capital World Investors 0.01% of their portfolio | 10.6m $63.4m | Reduced -1.7m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 9.9m $59.3m | Added +1.8m |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 8.7m $51.8m | Reduced -850.6k |
| VAN ECK ASSOCIATES CORP 0.03% of their portfolio | 7.7m $46.1m | Added +68.3k |
| Kopernik Global Investors, LLC 2.52% of their portfolio | 6.9m $41.2m | Added +386.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 5.9m $35.1m | Added +148.5k |
| UBS Group AG 0.01% of their portfolio | 5.7m $34.0m | Added +1.4m |
| STATE STREET CORP 0.00% of their portfolio | 5.3m $31.7m | Added +734.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.08% of their portfolio | 5.2m $30.9m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.9m $29.1m | Added +1.3m |
| Greenwich Wealth Management LLC 1.02% of their portfolio | 4.7m $28.0m | Added +2.7m |
| NORGES BANK 0.00% of their portfolio | 4.5m $27.0m | Not comparable |
| Bank Pictet & Cie (Europe) AG 0.49% of their portfolio | 4.2m $24.9m | Reduced -509.8k |
| Amundi 0.00% of their portfolio | 3.4m $20.2m | Reduced -1.7m |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 3.3m $20.0m | Added +649.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.2m $19.2m | Added +694.7k |
| MORGAN STANLEY 0.00% of their portfolio | 3.1m $18.6m | Added +230.6k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 2.6m $15.5m | Added +747.4k |
| Empyrean Capital Partners, LP 0.49% of their portfolio | 2.3m $13.8m | Reduced -386.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.1m $12.3m | Added +483.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 1.9m $11.1m | Added +182.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.6m $9.8m | Added +461.7k |
| Nuveen, LLC 0.00% of their portfolio | 1.2m $7.2m | Added +116.1k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 1.2m $6.9m | Added +266.6k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 1.1m $6.8m | Reduced -1.8m |
| TD Asset Management Inc 0.01% of their portfolio | 1.1m $6.4m | Added +76.8k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 1.0m $3.0m | Added +130.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 882.1k $5.3m | Reduced -403.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 870.5k $5.2m | Added +176.2k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 826.3k $4.9m | Added +320.4k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 811.0k $4.8m | Added +89.1k |
| Schonfeld Strategic Advisors LLC 0.03% of their portfolio | 800.0k $4.8m | Unchanged |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 713.6k $4.3m | Added +92.5k |
| Goehring & Rozencwajg Associates, LLC 0.24% of their portfolio | 710.7k $4.2m | Added +18.0k |
| Swiss National Bank 0.00% of their portfolio | 685.8k $4.1m | Added +81.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 652.7k $3.9m | Reduced -235.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 631.8k $3.8m | Added +1.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 627.6k $3.7m | Reduced -8.8k |
| Hudson Bay Capital Management LP 0.02% of their portfolio | 600.0k $3.5m | Reduced -40.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 452.0k $2.7m | Added +278.9k |
| CapWealth Advisors, LLC 0.18% of their portfolio | 449.0k $2.7m | Added +374.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 431.4k $3.9m | Added +91.9k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 430.1k $2.6m | Added +77.9k |
| Groupe la Francaise 0.03% of their portfolio | 400.0k $2.4m | Added +75.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 395.4k $2.4m | Added +92.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 382.7k $2.3m | Added +23.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 370.6k $2.2m | Added +127.2k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio | 356.8k $2.1m | Added +109.7k |
| Legal & General Group Plc 0.00% of their portfolio | 351.6k $2.1m | Added +34.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 344.0k $2.1m | Added +13.3k |
| PIN OAK INVESTMENT ADVISORS INC 1.39% of their portfolio | 328.0k $2.0m | Added +1.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 319.8k $1.9m | Reduced -786.7k |
| BARCLAYS PLC 0.00% of their portfolio | 318.2k $1.9m | Added +18.8k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 303.4k $1.8m | Added +28.0k |
| CIBC Asset Management Inc 0.00% of their portfolio | 298.6k $1.8m | Added +20.6k |
| Caisse de depot et placement du Quebec 0.00% of their portfolio | 288.3k $1.7m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 286.5k $1.7m | Added +86.1k |
| Invesco Ltd. 0.00% of their portfolio | 286.1k $1.7m | Added +109.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 285.2k $1.7m | Added +63.1k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 284.9k $1.7m | Unchanged |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio | 278.3k $1.7m | Added +44.1k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 260.7k $1.6m | Reduced -38.9k |
| Edgestream Partners, L.P. 0.04% of their portfolio | 221.3k $1.3m | New |
| Quantinno Capital Management LP 0.00% of their portfolio | 218.2k $1.3m | Reduced -139.9k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 203.3k $1.2m | Added +49.8k |
| CITIGROUP INC 0.00% of their portfolio | 195.6k $1.2m | Added +172.2k |
| ALGERT GLOBAL LLC 0.01% of their portfolio | 180.4k $1.1m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 175.4k $1.0m | Reduced -45.2k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 166.8k $996.8k | Reduced -4.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 161.6k $964.8k | Reduced -81.4k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 159.5k $949.0k | Added +84.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 156.2k $932.6k | Added +151.0k |
| Corient Private Wealth LP 0.00% of their portfolio | 152.0k $907.4k | New |
| Robertson Stephens Wealth Management, LLC 0.02% of their portfolio | 146.3k $873.6k | Reduced -20.1k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 141.1k $842.6k | Added +81.7k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 140.1k $837.1k | Added +35.4k |
| Jump Financial, LLC 0.01% of their portfolio | 136.3k $813.8k | New |
| TORONTO DOMINION BANK 0.00% of their portfolio | 135.8k $810.9k | Reduced -3.7k |
| SG Americas Securities, LLC 0.00% of their portfolio | 125.0k $746.0k | Added +5.1k |
| Squarepoint Ops LLC 0.00% of their portfolio | 113.2k $675.7k | New |
| Public Sector Pension Investment Board 0.00% of their portfolio | 109.7k $655.1k | Added +1.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 105.8k $631.9k | Added +9.6k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 103.5k $618.0k | Added +4.6k |
| Cedar Wealth Management, LLC 0.16% of their portfolio | 103.4k $617.4k | Added +2.9k |
| Ruffer LLP 0.02% of their portfolio | 103.2k $615.2k | Reduced -4.8k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 102.8k $614.0k | Added +25.9k |
| INSIGNEO ADVISORY SERVICES, LLC 0.02% of their portfolio | 102.0k $608.9k | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio | 98.1k $585.5k | Reduced -136.7k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 95.2k $568.5k | Added +25.3k |
| Vanguard Investments Australia, Ltd. 0.00% of their portfolio | 91.1k $544.4k | Added +17.4k |
| BRASADA CAPITAL MANAGEMENT, LP 0.10% of their portfolio | 90.8k $542.1k | Added +10.8k |
| IMC-Chicago, LLC 0.00% of their portfolio | 90.0k $537.2k | Reduced -25.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 89.9k $536.6k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 86.7k $517.8k | Added +10.0k |