| 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 30 Sep 2025, 152 institutional investors reported holding 86,011,123 shares of NORTHERN DYNASTY MINERALS LTD - Common Shares, no par value (NAK). This represents 15% of the company’s total 587,209,354 outstanding shares.
The largest institutional shareholders of NORTHERN DYNASTY MINERALS LTD - Common Shares, no par value (NAK) together control 13% 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 | +10% | 2.1% | $25,993,414 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2.4% | 14,088,681 | +11% | 0.03% | $17,109,645 |
| Russell Investments Group, Ltd. | 0.82% | 4,810,176 | -11% | 0.01% | $5,778,888 |
| MILLENNIUM MANAGEMENT LLC | 0.75% | 4,406,828 | +369% | 0% | $5,288,194 |
| CITADEL ADVISORS LLC | 0.69% | 4,034,048 | +222% | 0% | $4,840,858 |
| GAM Holding AG | 0.59% | 3,469,100 | +24% | 0.26% | $4,162,920 |
| COMMONWEALTH EQUITY SERVICES, LLC | 0.51% | 2,986,579 | +983% | 0% | $3,584,000 |
| WEXFORD CAPITAL LP | 0.51% | 2,978,971 | +424% | 1.1% | $3,574,770 |
| TWO SIGMA INVESTMENTS, LP | 0.38% | 2,218,984 | +307% | 0% | $2,662,781 |
| CenterBook Partners LP | 0.35% | 2,036,478 | 0.12% | $2,443,774 | |
| SEI INVESTMENTS CO | 0.31% | 1,835,833 | -0.25% | 0% | $2,203,000 |
| ROYAL BANK OF CANADA | 0.31% | 1,802,794 | +97% | 0% | $2,164,000 |
| JANE STREET GROUP, LLC | 0.3% | 1,768,854 | +140% | 0% | $2,122,624 |
| HRT FINANCIAL LP | 0.28% | 1,665,362 | +1175% | 0.01% | $1,998,000 |
| MACKENZIE FINANCIAL CORP | 0.28% | 1,656,473 | 0% | $2,011,092 | |
| UBS Group AG | 0.19% | 1,140,609 | +1133% | 0% | $1,368,731 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.19% | 1,090,393 | +41% | 0% | $1,308,472 |
| Connor, Clark & Lunn Investment Management Ltd. | 0.17% | 1,011,100 | -31% | 0% | $1,227,549 |
| LMR Partners LLP | 0.15% | 900,000 | +80% | 0.01% | $1,080,000 |
| TWO SIGMA ADVISERS, LP | 0.14% | 828,500 | 0% | $994,200 | |
| TD Asset Management Inc | 0.12% | 691,016 | 0% | $839,311 | |
| Cambridge Investment Research Advisors, Inc. | 0.11% | 643,598 | +83% | 0% | $772,000 |
| Ionic Capital Management LLC | 0.09% | 517,500 | +101% | 0.69% | $621,000 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV | 0.07% | 418,300 | 0% | 0.03% | $501,960 |
| CANTOR FITZGERALD, L. P. | 0.06% | 376,245 | +403% | 0.01% | $451,494 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 977,536 | $1,933,700 | -$109,721 | $1.97 | 29 |
| 2025 Q3 | 86,011,123 | $103,434,227 | +$31,147,500 | $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 |