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Northern Dynasty Minerals Ltd

NAK
Exchange
NYSE
Industry
Gold and Silver Ores
SEC CIK
0001164771

No open-market purchases or sales by Northern Dynasty Minerals Ltd insiders were filed in the last 90 days; 203 institutions reported holding it in 13F filings for Q2 2026, worth $211.1M in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in Northern Dynasty Minerals Ltd as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
139
+29 vs. Q4 2024
Shares held
53.7M
−7.19M (−11.8%) vs. Q4 2024
Total value
$61.7M
+$26.2M (+74.1%) vs. Q4 2024
New holders
38
28 more added
Sold out
9
23 more reduced

2 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NAK on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 139 institutions
Q1 2021: 84 institutionsQ2 2021: 84 institutionsQ3 2021: 84 institutionsQ4 2021: 87 institutionsQ1 2022: 89 institutionsQ2 2022: 84 institutionsQ3 2022: 82 institutionsQ4 2022: 87 institutionsQ1 2023: 88 institutionsQ2 2023: 89 institutionsQ3 2023: 94 institutionsQ4 2023: 90 institutionsQ1 2024: 93 institutionsQ2 2024: 91 institutionsQ3 2024: 99 institutionsQ4 2024: 112 institutionsQ1 2025: 139 institutionsQ2 2025: 151 institutionsQ3 2025: 156 institutionsQ4 2025: 168 institutionsQ1 2026: 193 institutionsQ2 2026: 203 institutions
Value heldQ1 2025: $61.7M
Q1 2021: $39.5MQ2 2021: $34.6MQ3 2021: $33.9MQ4 2021: $23.2MQ1 2022: $28.5MQ2 2022: $17.4MQ3 2022: $15.5MQ4 2022: $13.8MQ1 2023: $14.8MQ2 2023: $11.7MQ3 2023: $16.3MQ4 2023: $17.2MQ1 2024: $22.3MQ2 2024: $19.2MQ3 2024: $19.3MQ4 2024: $35.4MQ1 2025: $61.7MQ2 2025: $80.5MQ3 2025: $103.5MQ4 2025: $206.3MQ1 2026: $161.6MQ2 2026: $211.1M
Institutions holding NAK and their total value by quarter
QuarterHoldersValue
Q2 2026203$211.1M
Q1 2026193$161.6M
Q4 2025168$206.3M
Q3 2025156$103.5M
Q2 2025151$80.5M
Q1 2025139$61.7M
Q4 2024112$35.4M
Q3 202499$19.3M
Q2 202491$19.2M
Q1 202493$22.3M
Q4 202390$17.2M
Q3 202394$16.3M
Q2 202389$11.7M
Q1 202388$14.8M
Q4 202287$13.8M
Q3 202282$15.5M
Q2 202284$17.4M
Q1 202289$28.5M
Q4 202187$23.2M
Q3 202184$33.9M
Q2 202184$34.6M
Q1 202184$39.5M

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Northern Dynasty Minerals Ltd; share changes are against Q4 2024.

Institutions holding NAK in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Kopernik Global Investors, LLC19,666,067$22.6M2.35%−11,804,672−37.5%Reduced
Russell Investments Group, Ltd.6,020,430$6.90M0.01%−320,292−5.1%Reduced
Journey Advisory Group, LLC3,707,369$4.26M0.35%+3,707,369New
Marshall Wace, LLP2,003,196$2.30M0.00%+2,003,196New
SEI Investments Co1,840,395$2.12M0.00%00.0%Unchanged
Marex Group plc1,765,200$2.03M0.04%+1,765,200New
Wells Fargo & Company1,708,549$1.96M0.00%+689,950+67.7%Added
Praetorian PR LLC1,700,000$1.96M0.89%+1,700,000New
Alps Advisors Inc1,308,007$1.50M0.01%−150,064−10.3%Reduced
Susquehanna International Group, LLP1,276,171$1.47M0.00%+1,012,282+383.6%Added
Citadel Advisors LLC1,083,369$1.25M0.00%+682,475+170.2%Added
Dauntless Investment Group, LLC983,607$1.13M4.18%−1,142,120−53.7%Reduced
Millennium Management LLC917,029$1.04M0.00%+640,395+231.5%Added
Jane Street Group, LLC872,105$1.00M0.00%+872,105New
Group One Trading, L.P.756,179$869.6K0.04%+472,248+166.3%Added
Connor, Clark & Lunn Investment Management Ltd.731,000$823.1K0.00%+731,000New
Two Sigma Investments, LP489,404$562.8K0.00%+115,213+30.8%Added
Nations Financial Group Inc,400,000$460.0K0.04%+400,000New
Cambridge Investment Research Advisors, Inc.396,295$456.0K0.00%+250+0.1%Added
LCM Capital Management Inc308,800$355.1K0.21%−15,000−4.6%Reduced
Grimes & Company, Inc.298,950$343.8K0.01%00.0%Unchanged
Quadrature Capital Ltd278,300$317.0K0.01%+278,300New
Commonwealth Equity Services, LLC274,123$315.0K0.00%−18,604−6.4%Reduced
Bank of Montreal277,850$312.8K0.00%+170,070+157.8%Added
Toroso Investments, LLC245,852$282.7K0.00%00.0%Unchanged
Simplex Trading, LLC229,879$264.0K0.01%+229,879New
HRT Financial LP220,885$254.0K0.00%+220,885New
Bank of America Corp207,000$238.1K0.00%+68,908+49.9%Added
Cadinha & Co LLC202,384$232.7K0.05%−1,197,616−85.5%Reduced
XTX Topco Ltd191,184$219.9K0.01%−113,896−37.3%Reduced
UBS Group AG152,490$175.4K0.00%+39,013+34.4%Added
Smith Anglin Financial, LLC125,000$143.8K0.02%00.0%Unchanged
Brady Family Wealth, LLC110,000$126.5K0.04%00.0%Unchanged
Kiker Wealth Management, LLC104,052$119.7K0.08%+104,052New
Bryn Mawr Trust Co100,000$115.0K0.00%00.0%Unchanged
Walleye Capital LLC100,000$115.0K0.00%+100,000New
Stifel Financial Corp99,500$114.4K0.00%+2,000+2.1%Added
Advisor Group Holdings, Inc.92,350$106.2K0.00%+5,275+6.1%Added
Aletheian Wealth Advisors LLC88,670$102.0K0.06%+88,670New
Miracle Mile Advisors, LLC87,336$100.4K0.00%+87,336New
Game Plan Financial Advisors, LLC79,000$90.8K0.04%00.0%Unchanged
Morgan Stanley71,947$82.7K0.00%−51,706−41.8%Reduced
Sequoia Financial Advisors, LLC70,500$81.1K0.00%−24,500−25.8%Reduced
Cerity Partners LLC70,000$80.5K0.00%+70,000New
Royal Bank of Canada65,829$76.0K0.00%+56,623+615.1%Added
Captrust Financial Advisors59,132$68.0K0.00%+36,332+159.4%Added
Two Sigma Advisers, LP55,300$63.6K0.00%−85,600−60.8%Reduced
Founders Financial Securities LLC54,615$62.8K0.01%−3,385−5.8%Reduced
Virtu Financial LLC53,807$62.0K0.00%+53,807New
RFG Advisory, LLC53,869$61.9K0.00%+1,000+1.9%Added
True North Advisors, LLC52,750$60.7K0.01%−27,750−34.5%Reduced
Allegheny Financial Group LTD52,100$59.9K0.02%00.0%Unchanged
Equitable Trust Co50,000$57.5K0.00%00.0%Unchanged
Squarepoint Ops LLC45,687$52.5K0.00%−30,781−40.3%Reduced
Wealth Alliance45,225$52.0K0.01%+11,000+32.1%Added
Catalyst Funds Management Pty Ltd43,140$49.6K0.01%00.0%Unchanged
Tumwater Wealth Management, LLC42,500$48.9K0.03%+42,500New
LPL Financial LLC41,700$48.0K0.00%+2,400+6.1%Added
Versant Capital Management, Inc40,606$46.7K0.01%00.0%Unchanged
Aptus Capital Advisors, LLC38,421$44.2K0.00%−1,000−2.5%Reduced
Baader Bank INC48,631$43.8K0.00%+48,631New
Wolverine Trading, LLC38,929$43.6K0.00%+38,929New
Gotham Asset Management, LLC36,614$42.1K0.00%+36,614New
BlackRock, Inc.35,775$41.1K0.00%+23,640+194.8%Added
Strategy Asset Managers LLC35,000$40.3K0.01%00.0%Unchanged
Cantor Fitzgerald, L. P.34,153$39.3K0.00%+34,153New
SevenBridge Financial Group, LLC38,421$38.8K0.01%−1,000−2.5%Reduced
Plancorp, LLC33,474$38.5K0.00%+33,474New
Toronto Dominion Bank32,990$37.1K0.00%+32,990New
Vivaldi Capital Management, LLC32,000$36.8K0.01%00.0%Unchanged
Baird Financial Group, Inc.30,600$35.2K0.00%00.0%Unchanged
626 Financial, LLC30,200$34.7K0.02%00.0%Unchanged
Federation des caisses Desjardins du Quebec29,500$33.2K0.00%+25,000+555.6%Added
Cetera Investment Advisers28,190$32.4K0.00%+8,290+41.7%Added
SBI Securities Co., Ltd.27,073$31.1K0.00%+23,042+571.6%Added
Creative Planning25,380$29.2K0.00%+12,222+92.9%Added
Cary Street Partners Financial LLC25,000$28.8K0.00%00.0%Unchanged
Visionary Wealth Advisors25,000$28.8K0.00%+25,000New
Allium Financial Advisors, LLC25,000$28.8K0.03%+25,000New
Allworth Financial LP24,500$28.4K0.00%+24,500New
TCFG Wealth Management, LLC24,600$28.3K0.01%00.0%Unchanged
Fiduciary Alliance LLC22,172$25.5K0.00%00.0%Unchanged
Cubist Systematic Strategies, LLC21,600$24.8K0.00%+21,600New
Keystone Wealth Services, LLC21,250$24.4K0.01%00.0%Unchanged
Prospect Financial Group LLC20,327$23.4K0.03%+8,397+70.4%Added
Prairiewood Capital, LLC20,000$23.0K0.01%00.0%Unchanged
FNY Investment Advisers, LLC20,000$23.0K0.01%+20,000New
United Capital Management of KS, Inc.18,418$21.2K0.00%+18,418New
Principia Wealth Advisory, LLC22,500$20.5K0.02%+500+2.3%Added
National Bank of Canada18,224$20.4K0.00%−2,083−10.3%Reduced
Kingsview Wealth Management, LLC17,525$20.2K0.00%+17,525New
Northwestern Mutual Wealth Management Co17,500$20.1K0.00%+15,089+625.8%Added
Independent Wealth Network Inc.15,790$18.2K0.01%−60−0.4%Reduced
Wealth Alliance Advisory Group, LLC15,000$17.3K0.00%00.0%Unchanged
Ellsworth Advisors, LLC14,532$16.7K0.00%−800−5.2%Reduced
Stratos Wealth Advisors, LLC13,995$16.1K0.00%+13,995New
Wealth Enhancement Advisory Services, LLC13,320$15.3K0.00%−20.0%Reduced
Ballentine Partners, LLC12,778$14.7K0.00%+12,778New
Cookson Peirce & Co Inc12,479$14.4K0.00%00.0%Unchanged
Holistic Planning, LLC11,000$12.7K0.00%00.0%Unchanged