Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

New Found Gold Corp (NFGC)

85 + Investors. Track Smart Money conviction in NFGC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — NFGC

Based on 85 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NFGC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
85 hedge funds hold NFGC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +73% more funds vs a year ago

fund count last 6Q
+36 new funds entered over the past year (+73% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 47% buying

35 buying40 selling
Last quarter: 40 funds reduced or exited vs 35 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-10 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 17 → 25 → 25 → 15. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌

Mixed — 38% long-term, 40% new

■ 38% conviction (2yr+) ■ 22% medium ■ 40% new
Of the 85 current holders: 32 (38%) held >2 years, 19 held 1–2 years, and 34 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
➡️

Steady discovery — ~15 new funds/quarter

10 → 17 → 25 → 25 → 15 new funds/Q
New funds entering each quarter: 17 → 25 → 25 → 15. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 45% veterans vs 47% newcomers

■ 45% veterans ■ 8% 1-2yr ■ 47% new
Entry-cohort mix of 88 holders: 40 (45%) are 2+ year veterans, 7 entered 1–2 years ago, and 41 (47%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 17% AUM from top-100

17% from top-100 AUM funds
17 of 85 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NFGC

In 2026 Q2, 35 hedge funds were net buyers of NFGC (15 opened a new position, 20 added to an existing one), while 40 reduced or exited (22 trimmed, 18 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 85.

Hedge Fund Ownership: NFGC

How many hedge funds hold NFGC — quarterly history vs. share price
Quarterly hedge fund ownership of NFGC vs. share price

Market Analysis: NFGC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NFGC

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

6 top-rated funds 1 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: NFGC
85 + Investors

Track Smart Money conviction in NFGC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 85 88 -3.41%
13F Shares 53M 45M 16.55%
Total Value $81M $72M 12.42%
New Positions 15 25 -10
Increased Positions 19 28 -9
Closed Positions 18 10 +8
Reduced Positions 21 16 +5
Total Calls 1 1 -
Total Puts 2 2 -
PUT/CALL Ratio 2.0 2.0 Bearish

Statistics: NFGC

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Institutional Holders (2026 Q2)

85 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NFGC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NFGC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Merk Investments LLC 8.03% 16,312,500 $25.2M
2 Acuitas Investments, LLC 4.69% 44,000 $67K
3 Sprott INC. 0.51% 10,474,172 $16.1M
4 Deer Park Road Corp 0.36% 57,860 $89K
5 Total Wealth Planning & Management, Inc. 0.17% 166,500 $256K
6 Metatron Capital SICAV plc - Metatron Long Term Equity Fund 0.09% 134,000 $207K
7 McAlvany Wealth Management LLC 0.06% 56,079 $86K
8 Heartland Advisors Inc 0.06% 854,200 $1.3M
9 Financial Counselors Inc 0.05% 25,000 $38K
10 Anson Funds Management LP 0.05% 549,500 $848K
11 MMCAP International Inc. SPC 0.02% 119,523 $184K
12 Periscope Capital INC. 0.01% 75,000 $116K
13 Hollencrest Capital Management 0.01% 95,000 $146K
14 FWG Holdings, LLC 0.01% 18,000 $25K
15 LVZ, Inc. 0.01% 54,119 $83K
16 Van Eck Associates Corp 0.01% 8,142,889 $12.6M
17 Cladis Investment Advisory, LLC 0.01% 10,000 $15K
18 Wealth Quarterback LLC 0.00% 10,000 $15K
19 XTX Topco Ltd 0.00% 217,447 $335K
20 HUB Investment Partners, LLC 0.00% 150,000 $231K
21 Fairscale Capital, LLC 0.00% 4,000 $6K
22 Alps Advisors Inc 0.00% 407,594 $628K
23 Quadrature Capital Ltd 0.00% 215,811 $332K
24 Marshall Wace, LLP 0.00% 2,296,568 $3.5M
25 Osterweis Capital Management Inc 0.00% 31,250 $48K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — New Found Gold Corp (NFGC)

What does the Smart Money Trend signal show for NFGC?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NFGC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for NFGC?

More sellers than buyers — 47% buying: Last quarter: 40 funds reduced or exited vs 35 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for NFGC holders?

Smaller funds dominant — 17% AUM from top-100: 17 of 85 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NFGC?

Mixed — 38% long-term, 40% new: Of the 85 current holders: 32 (38%) held >2 years, 19 held 1–2 years, and 34 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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