New Found Gold

NFGC • AMEX

New Found Gold is a gold company in the basic materials sector on AMEX, led by Collin Kettell, with a market cap of $989.0M. As of Q3 2025, 9% of shares are held by 57 institutional investors, with VAN ECK ASSOCIATES CORP as the largest holder at 2.15%.

Chief Executive OfficerCollin Kettell

Market Cap$989.0M

Gold

Basic Materials

Employees98.0

Websitenewfoundgold.ca

Overview

Overview of institutional ownership in NFGC as of Q3 2025 with a market cap of $576.0M

All Institutions

Institutions: 57
Value Held: $53.0M
Shares Held: 22.4M
Avg Position: $930.3K
Median Position: $97.7K

Hedge Funds

Hedge Funds: 7
Value Held: $4.6M
Shares Held: 1.9M
Avg Position: $656.3K
Median Position: $613.5K

Ownership Breakdown

Institutional (non-HF)

8.41%

$48.4M

Hedge Funds

0.798%

$4.6M

Retail & Other

90.79%

$523.0M

Based on market cap of $576.0M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in NFGC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VAN ECK ASSOCIATES CORP ETF Provider	Jan Frederick Vaneck CEO	$12.4M 0.01% of portfolio	2.15% 5.2M shares	Q3 2021 Held for 4y 2m	$96.6B
S SPROTT INC. Institution	-	$9.5M 0.36% of portfolio	1.65% 4.0M shares	Q4 2024 Held for 11 months	$2.7B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$5.9M 0.00% of portfolio	1.03% 2.5M shares	Q3 2021 Held for 4y 2m	$1.33T
Merk Investments LLC ETF Provider	Alexander Gabriel Merk President	$5.6M 1.78% of portfolio	0.97% 2.4M shares	Q3 2025 Held for 2 months	$314.5M
Marshall Wace LLP Institution	Diana Lj Harrison President	$4.9M 0.01% of portfolio	0.84% 2.0M shares	Q4 2022 Held for 2y 11m	$90.3B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$1.8M 0.00% of portfolio	0.32% 771.9K shares	Q4 2023 Held for 1y 11m	$75.8B
R ROYAL BANK OF CANADA Institution	-	$1.8M 0.00% of portfolio	0.31% 764.8K shares	Q3 2021 Held for 4y 2m	$542.04B
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	Scott David Hoffman CEO	$1.1M 0.00% of portfolio	0.18% 449.4K shares	Q1 2024 Held for 1y 8m	$62.0B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$834.4K 0.00% of portfolio	0.14% 352.1K shares	Q3 2021 Held for 4y 2m	$1.65T
D D. E. Shaw & Co., Inc. Institution	-	$805.4K 0.00% of portfolio	0.14% 338.7K shares	Q2 2025 Held for 5 months	$115.81B

Net Capital Flow

Institutional buying and selling activity for NFGC in Q3 2025

Traded: +$15.8M
Buyers: 39
Sellers: 13
Total Bought: +$17.0M
Total Sold: −$1.2M
Avg Position: $828.5K

Biggest Buyers

Institution	Net Bought	Current Position
Merk Investments LLC ETF Provider	+$5.6M +2.4M shares	$5.6M 2.4M shares
Marshall Wace LLP Institution	+$1.6M +687.1K shares	$4.9M 2.0M shares
BANK OF AMERICA CORP /DE/ Institution	+$960.1K +405.1K shares	$5.9M 2.5M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$907.9K +383.1K shares	$1.8M 771.9K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$769.6K +324.7K shares	$1.1M 449.4K shares
S SPROTT INC. Institution	+$726.3K +305.8K shares	$9.5M 4.0M shares
VAN ECK ASSOCIATES CORP ETF Provider	+$723.4K +305.2K shares	$12.4M 5.2M shares
Federation des caisses Desjardins du Quebec Fund of Funds	+$655.6K +276.4K shares	$706.1K 297.7K shares
H HEARTLAND ADVISORS INC Long Only Manager	+$610.7K +257.7K shares	$610.7K 257.7K shares
J JANE STREET GROUP, LLC Institution	+$572.3K +240.7K shares	$572.3K 240.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
BANK OF MONTREAL /CAN/ Institution	−$374.6K −157.5K shares	$312.7K 131.5K shares
T Timelo Investment Management Inc. Institution	−$254.2K −179.0K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$233.1K −98.4K shares	$660.0K 278.5K shares
Integrated Advisors Network LLC RIA/Wealth	−$152.7K −107.5K shares	Sold Off 0 shares
X XTX Topco Ltd Institution	−$52.0K −21.9K shares	$493.4K 208.2K shares
SPRINGBOK CAPITAL MANAGEMENT, LLC Fund of Funds	−$29.1K −12.3K shares	$47.3K 19.9K shares
Diametric Capital, LP Hedge Fund•Long/Short	−$24.5K −10.3K shares	$171.4K 72.1K shares
A Advisor Group Holdings, Inc. Institution	−$18.9K −10.0K shares	$49.1K 26.0K shares
G GROUP ONE TRADING, L.P. Institution	−$14.8K −10.4K shares	Sold Off 0 shares
T TOTAL INVESTMENT MANAGEMENT INC Institution	−$13.0K −9.2K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 11
New Value: $7.1M
Exited Positions: 7
Exited Value: $450.3K

New Positions

Institution	Position Value
Merk Investments LLC ETF Provider	$5.6M 2.4M shares
H HEARTLAND ADVISORS INC Long Only Manager	$610.7K 257.7K shares
M MMCAP International Inc. SPC Institution	$268.1K 112.7K shares
HOLLENCREST SECURITIES LLC RIA/Wealth	$225.2K 95.0K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$223.2K 94.2K shares
Fiscal Wisdom Wealth Management, LLC RIA/Wealth	$84.5K 40.3K shares
HighTower Advisors, LLC RIA/Wealth	$38.1K 16.1K shares
INTL FCSTONE INC. Institution	$35.0K 14.8K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	$31.8K 13.4K shares
B BNP PARIBAS ARBITRAGE, SA Institution	$10.9K 4.6K shares

Exited Positions

Institution	Previous Position
T Timelo Investment Management Inc. Institution	$254.2K 179.0K shares
Integrated Advisors Network LLC RIA/Wealth	$152.7K 107.5K shares
G GROUP ONE TRADING, L.P. Institution	$14.8K 10.4K shares
T TOTAL INVESTMENT MANAGEMENT INC Institution	$13.0K 9.2K shares
S Skopos Labs, Inc. RIA/Wealth	$10.5K 7.4K shares
S SIMPLEX TRADING, LLC Institution	$4.5K 3.1K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$710.0 500.0 shares

Options Activity

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

Call Positions: 4
Call Value: $606.5K
Put Positions: 1
Put Value: $90.3K

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$282.7K 1.2K contracts
W WOLVERINE TRADING, LLC Institution	$187.5K 756.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$136.3K 575.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$90.3K 381.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Merk Investments LLC ETF Provider	Alexander Gabriel Merk President	1.78% $5.6M	0.97% 2.4M shares	Q3 2025 Held for 2 months	$314.5M
S SPROTT INC. Institution	-	0.36% $9.5M	1.65% 4.0M shares	Q4 2024 Held for 11 months	$2.7B
Fiscal Wisdom Wealth Management, LLC RIA/Wealth	Michael Edward Chadwick CEO	0.08% $84.5K	0.02% 40.3K shares	Q3 2025 Held for 2 months	$105.6M
Diametric Capital, LP Hedge Fund•Long/Short	David Richard Salvietti COO	0.06% $171.4K	0.03% 72.1K shares	Q1 2025 Held for 8 months	$264.8M
M MMCAP International Inc. SPC Institution	-	0.04% $268.1K	0.05% 112.7K shares	Q3 2025 Held for 2 months	$752.3M
H HEARTLAND ADVISORS INC Long Only Manager	William Richard Nasgovitz CEO	0.03% $610.7K	0.11% 257.7K shares	Q3 2025 Held for 2 months	$1.9B
X XTX Topco Ltd Institution	-	0.03% $493.4K	0.09% 208.2K shares	Q3 2024 Held for 1y 2m	$1.9B
LINCOLN CAPITAL CORP RIA/Wealth	Brittany Albert Moran President	0.02% $59.3K	0.01% 25.0K shares	Q3 2021 Held for 4y 2m	$278.1M
Centiva Capital, LP Hedge Fund•Multi-Strategy	Timothy Michael Higgins CFO	0.02% $223.2K	0.04% 94.2K shares	Q3 2025 Held for 2 months	$1.1B
R Squared Ltd Private Equity	-	0.02% $42.8K	0.01% 18.1K shares	Q4 2024 Held for 11 months	$232.5M