Who Owns New Found Gold Stock?
NYSE: NFGCBasic MaterialsPrecious MetalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 18.46%
- Held by insiders
- 28.95%
- Institutional holders
- 115
- Institutions 18.5%
- Insiders 28.9%
- Public and other 52.6%
Who owns New Found Gold stock?
Institutional investors own about 18.5% of New Found Gold's shares, spread across 115 institutions that file 13F reports. That level of institutional ownership is relatively low, leaving more of the stock with retail investors and insiders. Insiders, including executives, directors and large founding shareholders, hold 28.95% of NFGC.
The largest institutional holders are Merk Investments LLC (4.23%), Sprott Inc. (2.72%) and Van Eck Associates Corporation (2.11%). Together, the top 10 institutions control 12.3% of shares outstanding. In their latest filings, 4 of the top 10 institutions increased their NFGC positions and 6 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of NFGC
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Merk Investments LLC | 16.31M | 4.23% | +243.4% |
| Sprott Inc. | 10.47M | 2.72% | +35.6% |
| Van Eck Associates Corporation | 8.14M | 2.11% | +6.9% |
| Groupe La Francaise | 2.50M | 0.65% | +7.2% |
| Bank of America Corporation | 2.45M | 0.63% | -43.6% |
| Marshall Wace LLP | 2.30M | 0.60% | -5.8% |
| Morgan Stanley | 1.85M | 0.48% | -30.5% |
| Shaw D.E. & Co., Inc. | 1.76M | 0.46% | -15.7% |
| Heartland Advisors Inc. | 854.20K | 0.22% | -5.2% |
| Jane Street Group, LLC | 831.53K | 0.22% | -59.6% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of NFGC
| Fund | Shares | % Held |
|---|---|---|
| ASA Gold & Precious Metals Ltd | 16.31M | 4.23% |
| VanEck ETF Trust-VanEck Junior Gold Miners ETF | 7.15M | 1.85% |
| Sprott Funds Trust-Sprott Gold Equity Fund | 2.24M | 0.58% |
| SPROTT FUNDS TRUST-Sprott Active Gold & Silver Miners ETF | 407.59K | 0.11% |
| Global X-Global X Gold Miners ETF | 1.63K | 0.00% |
Frequently asked questions
Who is the largest shareholder of New Found Gold?
Merk Investments LLC is the largest institutional shareholder of NFGC, owning 4.23% of shares outstanding (16.31M shares) as of its latest 13F filing.
What percentage of New Found Gold is owned by institutions?
Institutions own about 18.5% of NFGC shares and 26.0% of the public float.
How much of New Found Gold do insiders own?
Insiders, such as officers and directors, own about 28.95% of NFGC shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.