Who Owns New Gold Inc. (NGD)?Hedge Fund & Institutional Holders
Institutional Holders
50
as of Q4 2025
Total Institutional Value
$InfinityT
% of Float Held
Infinity%
QoQ Change in Holders
+7 / -6
Price History
NGD — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| MILLENNIUM MANAGEMENT LLC | Increased | +10.5M | +$94.4B |
| AQR Arbitrage LLC | New Position | +10.5M | +$91.7B |
| SOROS FUND MANAGEMENT LLC | New Position | +9.7M | +$84.4B |
| BALYASNY ASSET MANAGEMENT L.P. | Increased | +9.5M | +$83.9B |
| ALPINE ASSOCIATES MANAGEMENT INC. | New Position | +9.4M | +$81.6B |
| JGP Global Gestao de Recursos Ltda. | New Position | +9.2M | +$80.0B |
| GOLDMAN SACHS GROUP INC | Increased | +7.2M | +$75.2B |
| BANK OF AMERICA CORP /DE/ | Increased | +4.0M | +$75.0B |
| FMR LLC | Increased | +1.2M | +$72.9B |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Increased | +1.6M | +$56.5B |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | New Position | +6.2M | +$54.4B |
| ALLIANCEBERNSTEIN L.P. | Increased | +6.1M | +$53.2B |
| Magnetar Financial LLC | New Position | +5.1M | +$44.1B |
| MACKENZIE FINANCIAL CORP | Increased | +3.0M | +$32.3B |
| TSP Capital Management Group, LLC | New Position | +3.5M | +$30.6B |
NGD — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| JPMORGAN CHASE & CO | Decreased | -13.1M | -$94.9B |
| FIL Ltd | Closed Position | -7.2M | -$51.6B |
| Pale Fire Capital SE | Closed Position | -6.2M | -$44.6B |
| Connor, Clark & Lunn Investment Management Ltd. | Decreased | -5.3M | -$34.7B |
| BANK OF MONTREAL /CAN/ | Decreased | -4.0M | -$22.5B |
| CITADEL ADVISORS LLC | Decreased | -2.5M | -$18.1B |
| SPROTT INC. | Decreased | -2.7M | -$16.9B |
| WINMILL & CO. INC | Closed Position | -2.1M | -$15.1B |
| UBS Group AG | Decreased | -2.3M | -$13.5B |
| Walleye Capital LLC | Decreased | -1.9M | -$13.3B |
| Eschler Asset Management LLP | Closed Position | -1.6M | -$11.3B |
| RENAISSANCE TECHNOLOGIES LLC | Decreased | -4.9M | -$11.0B |
| Hillsdale Investment Management Inc. | Decreased | -2.2M | -$10.6B |
| MONTRUSCO BOLTON INVESTMENTS INC. | Closed Position | -1.3M | -$9.5B |
| Wealth High Governance Capital Ltda | Closed Position | -1.3M | -$9.5B |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 29,274,513 | $255.0B | 149.35% | Share |
| 2 | Condire Management, LP | 27,437,020 | $239.0B | 24.95% | Share |
| 3 | AMERICAN CENTURY COMPANIES INC | 17,131,025 | $149.0B | 74.89% | Share |
| 4 | RENAISSANCE TECHNOLOGIES LLC | 15,873,764 | $138.0B | 214.08% | Share |
| 5 | GOLDMAN SACHS GROUP INC | 14,674,461 | $127.0B | 15.66% | Share |
| 6 | MILLENNIUM MANAGEMENT LLC | 13,069,153 | $113.0B | 47.52% | Share |
| 7 | AQR Arbitrage LLC | 10,530,591 | $91.7B | 1.93% | Share |
| 8 | BALYASNY ASSET MANAGEMENT L.P. | 10,467,113 | $91.0B | 115.52% | Share |
| 9 | SOROS FUND MANAGEMENT LLC | 9,691,998 | $84.4B | 978.08% | Share |
| 10 | ALPINE ASSOCIATES MANAGEMENT INC. | 9,363,161 | $81.6B | 5.42% | Share |
| 11 | JGP Global Gestao de Recursos Ltda. | 9,184,600 | $80.0B | 47.20% | Share |
| 12 | FMR LLC | 8,390,400 | $73.0B | 3.72% | Share |
| 13 | MACKENZIE FINANCIAL CORP | 7,105,367 | $62.0B | 73.43% | Share |
| 14 | TWO SIGMA INVESTMENTS, LP | 6,860,719 | $59.0B | 83.22% | Share |
| 15 | HIGHBRIDGE CAPITAL MANAGEMENT LLC | 6,240,314 | $54.4B | 1.73% | Share |
| 16 | ALLIANCEBERNSTEIN L.P. | 6,250,845 | $54.0B | 17.05% | Share |
| 17 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 6,161,600 | $53.0B | 6.11% | Call |
| 18 | Invesco Ltd. | 5,820,111 | $50.7B | 7.77% | Share |
| 19 | DIMENSIONAL FUND ADVISORS LP | 5,328,905 | $46.0B | 9.65% | Share |
| 20 | DEUTSCHE BANK AG\ | 5,325,892 | $46.0B | 14.98% | Share |
| 21 | BANK OF AMERICA CORP /DE/ | 4,659,122 | $40.0B | 2.91% | Share |
| 22 | TORONTO DOMINION BANK | 4,653,347 | $40.0B | 59.04% | Share |
| 23 | FRANKLIN RESOURCES INC | 4,384,638 | $38.0B | 9.32% | Share |
| 24 | CIBC WORLD MARKET INC. | 3,976,310 | $34.0B | 54.82% | Share |
| 25 | Amundi | 4,000,000 | $34.0B | 9.24% | Share |
| 26 | BANK OF MONTREAL /CAN/ | 3,843,842 | $33.0B | 11.43% | Share |
| 27 | Magnetar Financial LLC | 3,691,921 | $32.2B | 315.06% | Share |
| 28 | TSP Capital Management Group, LLC | 3,517,626 | $30.6B | 7.49% | Share |
| 29 | TD ASSET MANAGEMENT INC | 3,441,269 | $30.0B | 24.14% | Share |
| 30 | Hillsdale Investment Management Inc. | 3,378,411 | $29.0B | 0.80% | Share |
| 31 | SCHRODER INVESTMENT MANAGEMENT GROUP | 3,091,760 | $27.0B | 20.47% | Share |
| 32 | APIS CAPITAL ADVISORS, LLC | 2,866,000 | $25.0B | 4.35% | Share |
| 33 | BANK OF AMERICA CORP /DE/ | 2,823,017 | $24.0B | 1.75% | Share |
| 34 | TWO SIGMA ADVISERS, LP | 2,664,330 | $23.0B | 44.72% | Share |
| 35 | Westchester Capital Management, LLC | 2,555,590 | $22.3B | 0.94% | Share |
| 36 | Connor, Clark & Lunn Investment Management Ltd. | 2,587,273 | $22.0B | 57.70% | Share |
| 37 | RAYMOND JAMES FINANCIAL INC | 2,183,406 | $19.0B | 5.91% | Share |
| 38 | Sagefield Capital LP | 2,073,547 | $18.1B | 1.53% | Share |
| 39 | PEAK6 LLC | 2,145,400 | $18.0B | 33.49% | Call |
| 40 | Nokomis Capital, L.L.C. | 1,872,682 | $16.3B | 3.86% | Share |
| 41 | Alberta Investment Management Corp | 1,880,000 | $16.0B | 51.21% | Share |
| 42 | Legal & General Group Plc | 1,720,726 | $15.0B | 3.33% | Share |
| 43 | Amundi | 1,772,488 | $15.0B | 4.08% | Share |
| 44 | SPROTT INC. | 1,562,483 | $13.6B | 0.46% | Share |
| 45 | Swiss National Bank | 1,568,062 | $13.0B | 7.74% | Share |
| 46 | GOLDMAN SACHS GROUP INC | 1,529,416 | $13.0B | 1.60% | Share |
| 47 | ADAGE CAPITAL PARTNERS GP, L.L.C. | 1,550,000 | $13.0B | 19.67% | Share |
| 48 | Grantham, Mayo, Van Otterloo & Co. LLC | 1,531,059 | $13.0B | 33.23% | Share |
| 49 | CIBC Asset Management Inc | 1,442,159 | $12.0B | 28.97% | Share |
| 50 | Magnetar Financial LLC | 1,372,188 | $12.0B | 117.09% | Share |
NGD Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 317 | $2.9T | +84 |
| Q3 2025 | 233 | $2.2T | -8 |
| Q2 2025 | 241 | $1.4T | -1 |
| Q1 2025 | 242 | $1.3T | +38 |
| Q4 2024 | 204 | $5.2T | +34 |
| Q3 2024 | 170 | $66.6T | +18 |
| Q2 2024 | 152 | $64.4T | +27 |
| Q1 2024 | 125 | $223.1T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 50 institutional investors hold NGD (New Gold Inc.). The largest holder is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP with $255.0B in shares. This quarter, 7 institutions opened new positions and 6 closed their positions.
Frequently Asked Questions
How many hedge funds own NGD?
As of Q4 2025, 50 institutional investors report holding NGD (New Gold Inc.) in their 13F filings.
Who is the largest institutional holder of NGD?
The largest institutional holder of NGD is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP with $255.0B in shares.
Is institutional ownership of NGD increasing or decreasing?
This quarter, 7 institutions opened new positions in NGD and 6 closed their positions.