| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Electrum Strategic Resources L.P. | 26% | -3.7% | $454,211,501 | +$57,733,336 | 104,898,730 | +15% | Thomas S. Kaplan | 07 May 2025 |
| PAULSON & CO. INC. | 9.8% | $191,942,693 | 39,988,061 | PAULSON & CO. INC. | 30 Jun 2025 | |||
| Lingotto Investment Management LLP | 8.6% | $167,534,179 | 34,902,954 | Giovanni Agnelli B.V. | 30 Jun 2025 | |||
| FMR LLC | 5.9% | $222,864,948 | 23,912,548 | FMR LLC | 31 Dec 2025 | |||
| Kopernik Global Investors, LLC | 4.5% | -22% | $174,232,451 | -$49,481,986 | 18,694,469 | -22% | Kopernik Global Investors, LLC | 31 Dec 2025 |
| First Eagle Investment Management, LLC | 2.9% | -50% | $56,666,122 | -$30,842,880 | 11,805,442 | -35% | First Eagle Investment Management, LLC | 30 Jun 2025 |
As of 31 Dec 2025, 230 institutional investors reported holding 333,166,726 shares of NOVAGOLD RESOURCES INC - Common Shares, no par value (NG). This represents 81% of the company’s total 413,594,447 outstanding shares.
The largest institutional shareholders of NOVAGOLD RESOURCES INC - Common Shares, no par value (NG) together control 74% 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 |
|---|---|---|---|---|---|
| Electrum Group LLC | 22% | 92,902,813 | 0% | 76% | $865,854,217 |
| Lingotto Investment Management LLP | 8.5% | 35,196,788 | +0.24% | 5.8% | $328,034,064 |
| PAULSON & CO. INC. | 6.6% | 27,238,061 | 0% | 7.8% | $253,858,728 |
| FMR LLC | 5.8% | 23,912,548 | +41% | 0.01% | $222,959,575 |
| BlackRock, Inc. | 4.6% | 19,226,778 | +0.63% | 0% | $179,193,572 |
| VANGUARD GROUP INC | 3.6% | 14,760,990 | +1.2% | 0% | $137,647,414 |
| Capital World Investors | 3% | 12,333,000 | -30% | 0.02% | $114,943,560 |
| First Eagle Investment Management, LLC | 2.2% | 9,177,188 | -22% | 0.15% | $85,531,392 |
| D. E. Shaw & Co., Inc. | 2.1% | 8,803,209 | +3.2% | 0.06% | $82,055,927 |
| Kopernik Global Investors, LLC | 2% | 8,429,379 | -36% | 6.3% | $78,561,812 |
| VAN ECK ASSOCIATES CORP | 1.8% | 7,585,209 | -7% | 0.06% | $70,694,000 |
| Bank Pictet & Cie (Europe) AG | 1.4% | 5,676,000 | 0% | 1.1% | $53,002,225 |
| TEACHER RETIREMENT SYSTEM OF TEXAS | 1.3% | 5,376,816 | +13% | 0.17% | $50,111,925 |
| STATE STREET CORP | 1.2% | 4,762,347 | +0.33% | 0% | $44,385,074 |
| Amundi | 1.1% | 4,529,086 | +16% | 0.01% | $42,211,082 |
| UBS Group AG | 0.99% | 4,093,007 | -70% | 0.01% | $38,146,825 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.9% | 3,730,918 | -0.06% | 0% | $34,813,410 |
| BANK OF AMERICA CORP /DE/ | 0.72% | 2,961,787 | -5.6% | 0% | $27,603,856 |
| MORGAN STANLEY | 0.68% | 2,828,972 | +3.6% | 0% | $26,366,021 |
| Empyrean Capital Partners, LP | 0.65% | 2,705,100 | -45% | 0.88% | $25,211,532 |
| GOLDMAN SACHS GROUP INC | 0.5% | 2,072,684 | -9.8% | 0% | $19,317,415 |
| Greenwich Wealth Management LLC | 0.48% | 2,000,001 | 0.83% | $18,640,000 | |
| FIL Ltd | 0.48% | 2,000,000 | 0.01% | $18,651,415 | |
| BANK OF MONTREAL /CAN/ | 0.41% | 1,707,102 | +0.42% | 0.01% | $16,069,512 |
| ALPS ADVISORS INC | 0.4% | 1,655,464 | +0.62% | 0.09% | $15,428,924 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 333,166,726 | $3,105,575,775 | -$153,363,288 | $9.32 | 230 |
| 2025 Q3 | 256,766,601 | $2,264,607,024 | +$124,335,530 | $8.80 | 199 |
| 2025 Q2 | 247,272,972 | $1,013,630,966 | +$248,417,209 | $4.09 | 193 |
| 2025 Q1 | 186,882,933 | $545,616,486 | -$18,083,605 | $2.92 | 177 |
| 2024 Q4 | 192,939,107 | $643,132,132 | +$9,840,039 | $3.33 | 169 |
| 2024 Q3 | 189,724,121 | $774,898,444 | +$2,482,981 | $4.10 | 179 |
| 2024 Q2 | 189,227,956 | $657,072,775 | +$18,585,630 | $3.46 | 172 |
| 2024 Q1 | 184,028,558 | $552,145,723 | -$22,378,805 | $3.00 | 180 |
| 2023 Q4 | 187,458,112 | $700,711,726 | +$8,927,063 | $3.74 | 171 |
| 2023 Q3 | 185,114,511 | $710,572,231 | -$5,599,819 | $3.84 | 173 |
| 2023 Q2 | 185,019,263 | $737,529,433 | +$10,658,882 | $3.99 | 177 |
| 2023 Q1 | 183,191,072 | $1,138,145,386 | -$4,925,214 | $6.22 | 176 |
| 2022 Q4 | 168,354,465 | $1,008,259,992 | +$6,657,522 | $5.98 | 181 |
| 2022 Q3 | 182,050,271 | $855,158,825 | +$31,538,210 | $4.69 | 165 |
| 2022 Q2 | 175,305,304 | $842,997,180 | +$13,338,547 | $4.81 | 176 |
| 2022 Q1 | 172,045,728 | $1,329,053,033 | +$5,745,114 | $7.73 | 178 |
| 2021 Q4 | 167,822,517 | $1,150,605,422 | -$6,632,122 | $6.86 | 174 |
| 2021 Q3 | 168,185,011 | $1,157,085,399 | -$876,506 | $6.88 | 174 |
| 2021 Q2 | 168,139,820 | $1,347,390,542 | +$8,046,239 | $8.01 | 181 |
| 2021 Q1 | 167,122,838 | $1,464,001,631 | +$4,940,018 | $8.76 | 177 |
| 2020 Q4 | 166,102,302 | $1,606,397,921 | -$12,598,339 | $9.67 | 178 |
| 2020 Q3 | 167,396,490 | $1,988,245,189 | +$160,858,225 | $11.89 | 182 |
| 2020 Q2 | 154,733,732 | $1,418,579,719 | +$58,748,804 | $9.18 | 201 |
| 2020 Q1 | 148,555,343 | $1,097,165,828 | -$142,145,247 | $7.38 | 189 |
| 2019 Q4 | 168,720,505 | $1,511,423,954 | +$29,205,348 | $8.96 | 183 |
| 2019 Q3 | 157,041,651 | $953,598,071 | +$21,605,061 | $6.07 | 162 |
| 2019 Q2 | 153,488,081 | $906,440,809 | +$100,514,350 | $5.91 | 148 |
| 2019 Q1 | 138,581,552 | $577,834,184 | -$1,679,911 | $4.17 | 136 |
| 2018 Q4 | 139,332,560 | $550,973,330 | -$24,138,099 | $3.95 | 136 |
| 2018 Q3 | 146,273,794 | $542,195,117 | -$10,566,296 | $3.71 | 124 |
| 2018 Q2 | 146,086,327 | $650,915,076 | +$2,376,656 | $4.45 | 128 |
| 2018 Q1 | 149,170,732 | $645,931,903 | +$37,469,377 | $4.33 | 132 |
| 2017 Q4 | 140,861,333 | $553,782,993 | +$5,880,664 | $3.93 | 132 |
| 2017 Q3 | 139,129,898 | $572,335,478 | -$8,711,350 | $4.12 | 134 |
| 2017 Q2 | 140,932,524 | $641,909,973 | -$34,643,580 | $4.56 | 133 |
| 2017 Q1 | 148,504,669 | $722,796,927 | +$5,115,282 | $4.87 | 121 |
| 2016 Q4 | 148,148,671 | $676,235,558 | -$3,921,461 | $4.56 | 125 |
| 2016 Q3 | 147,798,175 | $825,858,704 | -$20,043,534 | $5.60 | 126 |
| 2016 Q2 | 151,088,687 | $924,608,388 | +$7,378,239 | $6.12 | 126 |
| 2016 Q1 | 150,045,689 | $757,196,836 | +$44,541,758 | $5.04 | 124 |
| 2015 Q4 | 141,945,280 | $597,254,356 | +$7,698,558 | $4.21 | 111 |
| 2015 Q3 | 140,428,423 | $506,964,082 | +$6,273,237 | $3.61 | 108 |
| 2015 Q2 | 139,755,922 | $478,290,276 | +$34,112,176 | $3.42 | 115 |
| 2015 Q1 | 129,838,958 | $383,681,304 | +$3,919,983 | $2.96 | 105 |
| 2014 Q4 | 128,224,464 | $377,902,699 | +$45,522,079 | $2.95 | 96 |
| 2014 Q3 | 114,038,766 | $344,940,177 | +$50,364 | $3.03 | 111 |
| 2014 Q2 | 113,470,844 | $478,217,265 | +$43,792,444 | $4.21 | 122 |
| 2014 Q1 | 103,110,611 | $372,763,147 | +$3,401,827 | $3.61 | 123 |