NORTHERN DYNASTY MINERALS LTD - Common Shares, no par value (NAK) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Shares, no par value
Symbol
NAK on NYSE
Shares outstanding
587,209,354
Price per share
$2.12
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
104,606,783
Total reported value
$206,084,912
% of total 13F portfolios
0%
Share change
+18,627,762
Value change
+$44,581,511
Number of holders
165
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of NORTHERN DYNASTY MINERALS LTD - Common Shares, no par value (NAK) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Kopernik Global Investors, LLC 13% 0% $89,490,706 +$1,227,163 74,575,588 +1.4% Kopernik Global Investors, LLC 12 Nov 2025

As of 31 Dec 2025, 165 institutional investors reported holding 104,606,783 shares of NORTHERN DYNASTY MINERALS LTD - Common Shares, no par value (NAK). This represents 18% of the company’s total 587,209,354 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of NORTHERN DYNASTY MINERALS LTD - Common Shares, no par value (NAK) together control 17% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Kopernik Global Investors, LLC 3.7% 21,661,178 0% 3.4% $42,672,521
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 2.9% 17,166,767 +22% 0.05% $33,813,803
MILLENNIUM MANAGEMENT LLC 2.3% 13,364,357 +203% 0.02% $26,317,853
JANE STREET GROUP, LLC 1.4% 7,955,282 +350% 0.02% $15,671,906
TWO SIGMA INVESTMENTS, LP 1.1% 6,316,087 +185% 0.02% $12,442,691
Bornite Capital Management LP 0.92% 5,385,000 1% $10,608,450
GAM Holding AG 0.62% 3,626,000 +4.5% 0.46% $7,143,220
Russell Investments Group, Ltd. 0.59% 3,483,982 -28% 0.01% $6,863,389
SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.55% 3,253,362 +198% 0.01% $6,409,124
CITADEL ADVISORS LLC 0.5% 2,926,220 -27% 0% $5,764,653
TWO SIGMA ADVISERS, LP 0.43% 2,550,496 +208% 0.01% $5,024,477
COMMONWEALTH EQUITY SERVICES, LLC 0.36% 2,100,825 -30% 0.01% $4,138,630
SEI INVESTMENTS CO 0.31% 1,835,833 0% 0% $3,616,591
MACKENZIE FINANCIAL CORP 0.21% 1,216,148 -27% 0% $2,410,320
UBS Group AG 0.15% 900,199 -21% 0% $1,773,392
Point72 Asset Management, L.P. 0.13% 769,596 0% $1,517,008
TD Asset Management Inc 0.13% 747,342 +8.2% 0% $1,472,058
GROUP ONE TRADING LLC 0.12% 690,190 +283% 0.04% $1,359,674
Quadrature Capital Ltd 0.1% 601,180 0.01% $1,184,325
Cambridge Investment Research Advisors, Inc. 0.09% 537,657 -16% 0% $1,059,000
IMC-Chicago, LLC 0.08% 485,236 +160% 0.02% $955,915
NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.07% 418,300 0% 0.04% $824,051
Caption Management, LLC 0.07% 390,000 +680% 0.03% $768,300
Ionic Capital Management LLC 0.05% 309,000 -40% 0.6% $608,730
Brevan Howard Capital Management LP 0.05% 271,200 +195% 0.01% $541,044

Institutional Holders of NORTHERN DYNASTY MINERALS LTD - Common Shares, no par value (NAK) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 104,606,783 $206,084,912 +$44,581,511 $1.97 165
2025 Q3 86,006,823 $103,429,067 +$31,142,700 $1.20 152
2025 Q2 59,914,824 $80,490,439 +$12,228,314 $1.34 150
2025 Q1 51,942,087 $59,640,861 -$3,313,198 $1.15 137
2024 Q4 60,871,895 $35,396,353 -$712,060 $0.58 108
2024 Q3 58,222,612 $19,295,111 +$1,837,023 $0.33 96
2024 Q2 61,978,062 $19,228,841 +$424,697 $0.31 89
2024 Q1 60,485,442 $19,234,246 +$2,494,170 $0.32 89
2023 Q4 53,140,427 $17,185,874 +$848,045 $0.32 84
2023 Q3 50,200,815 $16,330,053 +$343,383 $0.33 88
2023 Q2 49,013,648 $11,734,301 -$3,095,341 $0.24 84
2023 Q1 61,946,158 $14,795,102 -$192,170 $0.24 83
2022 Q4 62,515,010 $13,803,935 -$280,012 $0.22 83
2022 Q3 63,591,746 $15,515,830 -$795,725 $0.24 72
2022 Q2 66,733,724 $17,399,786 -$636,604 $0.26 66
2022 Q1 68,633,418 $28,486,690 -$821,954 $0.42 80
2021 Q4 70,337,420 $22,984,788 -$1,119,215 $0.33 69
2021 Q3 73,455,947 $33,865,005 +$1,800,505 $0.46 72
2021 Q2 69,508,028 $34,276,070 +$3,483,297 $0.49 68
2021 Q1 62,276,240 $39,528,993 +$6,018,247 $0.63 70
2020 Q4 51,840,464 $16,696,508 -$1,323,678 $0.32 64
2020 Q3 51,093,430 $50,221,472 +$9,123,922 $0.98 80
2020 Q2 38,719,549 $55,336,689 -$2,422,416 $1.43 78
2020 Q1 40,237,510 $15,475,161 -$4,274,690 $0.39 57
2019 Q4 68,939,084 $29,511,620 +$4,418,552 $0.43 65
2019 Q3 38,661,183 $22,689,301 +$1,192,128 $0.59 67
2019 Q2 36,447,503 $21,945,574 -$4,032,377 $0.60 70
2019 Q1 43,160,249 $25,917,034 +$8,238,910 $0.60 63
2018 Q4 29,526,920 $16,745,819 +$609,522 $0.57 58
2018 Q3 28,421,400 $15,886,637 -$864,456 $0.56 56
2018 Q2 30,607,399 $16,558,270 -$4,001,419 $0.54 58
2018 Q1 36,546,564 $33,303,625 -$11,595,743 $0.91 74
2017 Q4 41,253,859 $73,197,030 +$8,229,673 $1.77 88
2017 Q3 36,597,965 $65,835,982 +$4,582,006 $1.80 74
2017 Q2 34,212,813 $47,581,443 -$11,154,291 $1.39 61
2017 Q1 42,205,653 $60,203,918 +$10,204,149 $1.43 66
2016 Q4 32,816,489 $68,335,000 +$4,669,920 $2.07 48
2016 Q3 32,146,995 $22,810,000 -$2,324,956 $0.71 39
2016 Q2 38,066,483 $11,836,000 +$4,908,907 $0.31 26
2016 Q1 20,417,475 $6,567,000 -$2,708,368 $0.32 22
2015 Q4 29,250,710 $8,919,000 +$1,650,055 $0.31 24
2015 Q3 23,847,101 $7,284,000 +$112,219 $0.31 24
2015 Q2 23,428,367 $7,992,043 -$37,063 $0.34 27
2015 Q1 23,409,798 $9,122,274 +$309,104 $0.39 24
2014 Q4 22,632,863 $9,007,972 -$503,167 $0.41 29
2014 Q3 23,873,229 $13,319,032 -$1,261,516 $0.55 33
2014 Q2 25,872,463 $21,631,871 +$2,487,509 $0.84 38
2014 Q1 22,815,744 $22,435,060 -$1,831,469 $0.99 39