NioCorp Developments Ltd.

NB • NASDAQ

NioCorp Developments Ltd. is a industrial materials company in the basic materials sector on NASDAQ, led by Mark A. Smith, with a market cap of $737.6M. As of Q3 2025, 33% of shares are held by 149 institutional investors, with CITADEL ADVISORS LLC as the largest holder at 8.2%.

Mark A. Smith

Market Cap$737.6M

Industrial Materials

Basic Materials

Employees7.0

Websiteniocorp.com

Country

United States of America

Overview

Overview of institutional ownership in NB as of Q3 2025 with a market cap of $644.6M

All Institutions

Institutions: 149
Value Held: $214.2M
Shares Held: 32.1M
Avg Position: $1.4M
Median Position: $122.3K

Hedge Funds

Hedge Funds: 16
Value Held: $97.0M
Shares Held: 14.5M
Avg Position: $6.1M
Median Position: $1.4M

Ownership Breakdown

Institutional (non-HF)

18.17%

$117.2M

Hedge Funds

15.05%

$97.0M

Retail & Other

66.78%

$430.5M

Based on market cap of $644.6M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in NB as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$52.9M 0.04% of portfolio	8.20% 7.9M shares	Q2 2023 Held for 2y 5m	$122.08B
B BlackRock, Inc. Institution	-	$24.4M 0.00% of portfolio	3.78% 3.7M shares	Q2 2023 Held for 2y 5m	$5.67T
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	Anand Christopher Parekh CEO	$18.7M 0.06% of portfolio	2.90% 2.8M shares	Q2 2025 Held for 5 months	$33.0B
PRIVATE MANAGEMENT GROUP INC RIA/Wealth	Robert Todd Summers President	$14.0M 0.41% of portfolio	2.17% 2.1M shares	Q2 2025 Held for 5 months	$3.4B
HITE Hedge Asset Management LLC Hedge Fund•Long/Short	James Meyers Jampel Founder	$9.8M 0.53% of portfolio	1.52% 1.5M shares	Q3 2025 Held for 2 months	$1.8B
B Brevan Howard Capital Management LP Institution	-	$9.7M 0.14% of portfolio	1.50% 1.5M shares	Q3 2025 Held for 2 months	$6.9B
Marshall Wace LLP Institution	Diana Lj Harrison President	$7.7M 0.01% of portfolio	1.20% 1.2M shares	Q1 2025 Held for 8 months	$90.3B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$7.0M 0.00% of portfolio	1.09% 1.1M shares	Q2 2025 Held for 5 months	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$5.8M 0.00% of portfolio	0.89% 863.2K shares	Q1 2023 Held for 2y 8m	$1.57T
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$5.6M 0.00% of portfolio	0.87% 843.3K shares	Q4 2024 Held for 11 months	$782.01B

Net Capital Flow

Institutional buying and selling activity for NB in Q3 2025

Traded: +$128.1M
Buyers: 116
Sellers: 26
Total Bought: +$138.6M
Total Sold: −$10.5M
Avg Position: $1.3M

Biggest Buyers

Institution	Net Bought	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$52.9M +7.9M shares	$52.9M 7.9M shares
HITE Hedge Asset Management LLC Hedge Fund•Long/Short	+$9.8M +1.5M shares	$9.8M 1.5M shares
B Brevan Howard Capital Management LP Institution	+$9.7M +1.5M shares	$9.7M 1.5M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$7.5M +1.1M shares	$18.7M 2.8M shares
B BlackRock, Inc. Institution	+$7.2M +1.1M shares	$24.4M 3.7M shares
Marshall Wace LLP Institution	+$6.7M +996.3K shares	$7.7M 1.2M shares
J JANE STREET GROUP, LLC Institution	+$4.6M +690.7K shares	$4.7M 708.4K shares
STATE STREET CORP Institution	+$4.5M +676.0K shares	$7.0M 1.1M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$3.5M +524.1K shares	$3.8M 575.6K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$3.4M +509.4K shares	$3.4M 509.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
VANGUARD GROUP INC Institution	−$8.6M −1.3M shares	$5.4M 801.9K shares
NORTHERN TRUST CORP Institution	−$435.6K −65.2K shares	$5.6M 843.3K shares
Cable Car Capital LLC Hedge Fund•Long/Short	−$405.3K −174.0K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$295.7K −44.3K shares	$121.8K 18.2K shares
N NEW YORK STATE COMMON RETIREMENT FUND Institution	−$149.0K −22.3K shares	$94.9K 14.2K shares
CITIGROUP INC Institution	−$103.2K −15.5K shares	$19.8K 3.0K shares
Change Path, LLC RIA/Wealth	−$82.1K −12.3K shares	$576.6K 86.3K shares
INTECH INVESTMENT MANAGEMENT LLC Long Only Manager	−$76.6K −11.5K shares	$101.4K 15.2K shares
STONERIDGE INVESTMENT PARTNERS LLC Long Only Manager	−$63.4K −27.2K shares	Sold Off 0 shares
D DRW Securities, LLC Institution	−$46.0K −19.8K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited NB in Q3 2025

New Positions: 50
New Value: $33.6M
Exited Positions: 12
Exited Value: $647.2K

New Positions

Institution	Position Value
HITE Hedge Asset Management LLC Hedge Fund•Long/Short	$9.8M 1.5M shares
B Brevan Howard Capital Management LP Institution	$9.7M 1.5M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$3.4M 509.4K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$1.8M 267.3K shares
GILDER GAGNON HOWE & CO LLC RIA/Wealth	$1.5M 219.2K shares
WEXFORD CAPITAL LP Hedge Fund•Multi-Strategy	$1.0M 156.4K shares
H Harfst & Associates, Inc. Institution	$700.1K 104.8K shares
VICTORY FINANCIAL GROUP, LLC RIA/Wealth	$600.6K 86.9K shares
C Concentric Capital Strategies, LP Hedge Fund•Long/Short	$572.1K 85.6K shares
Counterpoint Mutual Funds LLC ETF Provider	$499.0K 74.7K shares

Exited Positions

Institution	Previous Position
Cable Car Capital LLC Hedge Fund•Long/Short	$405.3K 174.0K shares
STONERIDGE INVESTMENT PARTNERS LLC Long Only Manager	$63.4K 27.2K shares
D DRW Securities, LLC Institution	$46.0K 19.8K shares
B Blue Capital, Inc. RIA/Wealth	$36.4K 15.6K shares
H HSBC HOLDINGS PLC Institution	$27.4K 11.3K shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	$27.2K 11.3K shares
Engineers Gate Manager LP Hedge Fund•Quant	$24.7K 10.6K shares
S SIMPLEX TRADING, LLC Institution	$4.7K 2.0K shares
Sound Income Strategies, LLC RIA/Wealth	$4.7K 2.0K shares
Archer Investment Corp RIA/Wealth	$4.7K 2.0K shares

Options Activity

Institutions with the largest Call and Put options positions in NB as of Q3 2025

Call Positions: 13
Call Value: $16.5M
Put Positions: 3
Put Value: $3.3M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$6.9M 10.4K contracts
P PEAK6 LLC Institution	$3.9M 5.8K contracts
Caption Management, LLC Hedge Fund•Long/Short	$2.4M 3.5K contracts
DLD Asset Management, LP Hedge Fund•Multi-Strategy	$985.2K 1.5K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$668.0K 1.0K contracts
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	$668.0K 1.0K contracts
L LPL Financial LLC Institution	$547.8K 820.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$241.8K 362.0 contracts
D DRW Securities, LLC Institution	$167.0K 250.0 contracts
S SYMMETRY PEAK MANAGEMENT LLC Institution	$82.2K 123.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.6M 2.4K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.4M 2.1K contracts
I Ionic Capital Management LLC Hedge Fund•Multi-Strategy	$334.0K 500.0 contracts

Most Committed Institutions

Institutions with NB as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Worth Venture Partners, LLC Fund of Funds	David Alexander Wertentheil CEO	1.64% $332.5K	0.05% 49.8K shares	Q2 2025 Held for 5 months	$20.3M
HITE Hedge Asset Management LLC Hedge Fund•Long/Short	James Meyers Jampel Founder	0.53% $9.8M	1.52% 1.5M shares	Q3 2025 Held for 2 months	$1.8B
PRIVATE MANAGEMENT GROUP INC RIA/Wealth	Robert Todd Summers President	0.41% $14.0M	2.17% 2.1M shares	Q2 2025 Held for 5 months	$3.4B
K KINGDON CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short	Mark Elliot Kingdon CEO	0.33% $2.1M	0.33% 314.5K shares	Q2 2023 Held for 2y 5m	$638.2M
WEXFORD CAPITAL LP Hedge Fund•Multi-Strategy	Charles Eugene Davidson Chairman	0.32% $1.0M	0.16% 156.4K shares	Q3 2025 Held for 2 months	$330.0M
B Brevan Howard Capital Management LP Institution	-	0.14% $9.7M	1.50% 1.5M shares	Q3 2025 Held for 2 months	$6.9B
H Harfst & Associates, Inc. Institution	-	0.13% $700.1K	0.11% 104.8K shares	Q3 2025 Held for 2 months	$542.2M
A AXQ CAPITAL, LP Hedge Fund•Market Neutral	Taro Hsu Kuriyama COO	0.09% $222.8K	0.03% 33.4K shares	Q3 2025 Held for 2 months	$261.9M
VICTORY FINANCIAL GROUP, LLC RIA/Wealth	Jeffrey Wayne Davidson Founder	0.08% $600.6K	0.09% 86.9K shares	Q3 2025 Held for 2 months	$724.8M
G GROUP ONE TRADING, L.P. Institution	-	0.06% $1.9M	0.30% 285.5K shares	Q4 2024 Held for 11 months	$3.3B

Hedge Fund Spotlight

Discover hedge funds investing in NB

Quantbot Technologies LLC

Hedge Fund • Quant

Portfolio ManagerPaul Edward White

Portfolio Value: $3.7B
Positions: 1,694
Last Reported: Q3 2025

Sector Allocation

Position in NioCorp Developments Ltd.

Market Value: $208.3K
Shares Held: 31.2K
Portfolio Weight: 0.01%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 SoFi Technologies, Inc. SOFI	Financial - Credit Services Financial Services	$29.1M	0.79%
2 Lam Research LRCX	Semiconductors Technology	$27.8M	0.75%
3 Honeywell International HON	Conglomerates Industrials	$27.6M	0.75%