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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, Q2 2025

Institutional positions in Northern Dynasty Minerals Ltd as of Jun 30, 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
151
+13 vs. Q1 2025
Shares held
59.9M
+6.21M (+11.6%) vs. Q1 2025
Total value
$80.5M
+$18.8M (+30.5%) vs. Q1 2025
New holders
30
43 more added
Sold out
17
30 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 151 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 heldQ2 2025: $80.5M
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, Q2 2025

Shares, value and share of portfolio for each institution holding Northern Dynasty Minerals Ltd; share changes are against Q1 2025.

Institutions holding NAK in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Kopernik Global Investors, LLC19,666,067$26.4M2.90%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.12,645,917$17.1M0.03%+12,645,917New
Russell Investments Group, Ltd.5,389,941$7.23M0.01%−630,489−10.5%Reduced
GAM Holding AG2,800,000$3.75M0.26%+2,800,000New
SEI Investments Co1,840,395$2.47M0.00%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.1,466,300$1.98M0.01%+735,300+100.6%Added
Citadel Advisors LLC1,253,983$1.68M0.00%+170,614+15.7%Added
Millennium Management LLC938,654$1.26M0.00%+21,625+2.4%Added
Royal Bank of Canada913,079$1.22M0.00%+847,250+1,287.0%Added
Susquehanna International Group, LLP774,110$1.04M0.00%−502,061−39.3%Reduced
Jane Street Group, LLC736,198$986.5K0.00%−135,907−15.6%Reduced
XTX Topco Ltd636,134$852.4K0.04%+444,950+232.7%Added
Wells Fargo & Company636,115$852.4K0.00%−1,072,434−62.8%Reduced
Group One Trading, L.P.596,435$799.2K0.03%−159,744−21.1%Reduced
Wexford Capital LP568,702$762.1K0.21%+568,702New
Marshall Wace, LLP547,200$733.2K0.00%−1,455,996−72.7%Reduced
Two Sigma Investments, LP545,651$731.2K0.00%+56,247+11.5%Added
LMR Partners LLP500,000$670.0K0.01%+500,000New
Nations Financial Group Inc,418,300$560.5K0.04%+18,300+4.6%Added
Bank of America Corp367,285$492.2K0.00%+160,285+77.4%Added
Cambridge Investment Research Advisors, Inc.351,798$471.0K0.00%−44,497−11.2%Reduced
LCM Capital Management Inc303,388$406.5K0.21%−5,412−1.8%Reduced
Grimes & Company, Inc.298,950$400.6K0.01%00.0%Unchanged
Commonwealth Equity Services, LLC275,859$370.0K0.00%+1,736+0.6%Added
Ionic Capital Management LLC257,500$345.1K0.39%+257,500New
Hudson Bay Capital Management LP250,000$335.0K0.00%+250,000New
FNY Investment Advisers, LLC217,300$291.0K0.12%+197,300+986.5%Added
Cadinha & Co LLC202,384$271.2K0.04%00.0%Unchanged
Kiker Wealth Management, LLC144,429$193.5K0.11%+40,377+38.8%Added
Morgan Stanley140,674$188.5K0.00%+68,727+95.5%Added
Spark Investment Management LLC137,000$185.3K0.51%+137,000New
Smith Anglin Financial, LLC135,000$180.9K0.02%+10,000+8.0%Added
HRT Financial LP130,589$174.0K0.00%−90,296−40.9%Reduced
Bank of Montreal117,475$158.8K0.00%−160,375−57.7%Reduced
BlackRock, Inc.115,245$154.4K0.00%+79,470+222.1%Added
SG Americas Securities, LLC115,000$154.0K0.00%+115,000New
Stifel Financial Corp113,000$151.4K0.00%+13,500+13.6%Added
Brady Family Wealth, LLC110,000$147.4K0.05%00.0%Unchanged
Aletheian Wealth Advisors LLC109,200$146.3K0.07%+20,530+23.2%Added
Bryn Mawr Trust Co100,000$134.0K0.00%00.0%Unchanged
RFG Advisory, LLC96,869$129.8K0.00%+43,000+79.8%Added
UBS Group AG92,493$123.9K0.00%−59,997−39.3%Reduced
Empowered Funds, LLC91,561$122.7K0.00%+91,561New
Advisor Group Holdings, Inc.91,174$122.2K0.00%−1,176−1.3%Reduced
Miracle Mile Advisors, LLC85,955$115.2K0.00%−1,381−1.6%Reduced
Squarepoint Ops LLC81,971$109.8K0.00%+36,284+79.4%Added
Stratos Wealth Advisors, LLC80,681$108.1K0.01%+66,686+476.5%Added
Game Plan Financial Advisors, LLC79,000$105.9K0.05%00.0%Unchanged
Goldman Sachs Group Inc77,484$103.8K0.00%+77,484New
Cantor Fitzgerald, L. P.74,853$100.3K0.00%+40,700+119.2%Added
Two Sigma Securities, LLC73,340$98.3K0.01%+73,340New
Cerity Partners LLC70,000$93.8K0.00%00.0%Unchanged
J. Goldman & Co LP67,828$90.9K0.00%+67,828New
LPL Financial LLC60,000$80.4K0.00%+18,300+43.9%Added
Captrust Financial Advisors59,232$79.4K0.00%+100+0.2%Added
Scratch Capital LLC53,180$71.3K0.06%+53,180New
True North Advisors, LLC52,750$70.7K0.01%00.0%Unchanged
Cubist Systematic Strategies, LLC53,107$70.4K0.00%+31,507+145.9%Added
Allegheny Financial Group LTD52,100$69.8K0.02%00.0%Unchanged
American Century Companies Inc50,000$67.6K0.00%+50,000New
Equitable Trust Co50,000$67.0K0.00%00.0%Unchanged
Quadrature Capital Ltd46,294$62.5K0.00%−232,006−83.4%Reduced
Cetera Investment Advisers46,505$62.3K0.00%+18,315+65.0%Added
Aptus Capital Advisors, LLC45,596$61.1K0.00%+7,175+18.7%Added
Tumwater Wealth Management, LLC45,500$61.0K0.03%+3,000+7.1%Added
Founders Financial Securities LLC43,000$57.6K0.00%−11,615−21.3%Reduced
Versant Capital Management, Inc40,606$54.4K0.01%00.0%Unchanged
Pekin Hardy Strauss, Inc.40,000$53.6K0.01%+40,000New
Simplex Trading, LLC39,747$53.0K0.00%−190,132−82.7%Reduced
Plancorp, LLC37,241$49.9K0.00%+3,767+11.3%Added
Strategy Asset Managers LLC36,500$48.9K0.01%+1,500+4.3%Added
Wealth Alliance36,225$48.5K0.01%−9,000−19.9%Reduced
Walleye Capital LLC35,883$48.1K0.00%−64,117−64.1%Reduced
Wolverine Trading, LLC28,424$43.8K0.00%−10,505−27.0%Reduced
Kingsview Wealth Management, LLC32,525$43.6K0.00%+15,000+85.6%Added
Marex Group plc32,267$43.2K0.00%−1,732,933−98.2%Reduced
Vivaldi Capital Management, LLC32,000$42.9K0.01%00.0%Unchanged
Point72 Asia (Singapore) Pte. Ltd.31,109$41.3K0.01%+31,109New
Baird Financial Group, Inc.30,600$41.0K0.00%00.0%Unchanged
626 Financial, LLC30,200$40.5K0.02%00.0%Unchanged
Allium Financial Advisors, LLC30,000$40.2K0.04%+5,000+20.0%Added
Dakota Wealth Management29,483$39.5K0.00%+29,483New
Federation des caisses Desjardins du Quebec29,500$39.4K0.00%00.0%Unchanged
Dauntless Investment Group, LLC29,241$39.2K0.18%−954,366−97.0%Reduced
Ballentine Partners, LLC28,237$37.8K0.00%+15,459+121.0%Added
Creative Planning27,889$37.4K0.00%+2,509+9.9%Added
Cary Street Partners Financial LLC26,000$34.8K0.00%+1,000+4.0%Added
Allworth Financial LP25,786$34.6K0.00%+1,286+5.2%Added
Visionary Wealth Advisors25,000$33.5K0.00%00.0%Unchanged
TCFG Wealth Management, LLC24,600$33.0K0.01%00.0%Unchanged
Raymond James Financial Inc23,170$31.0K0.00%+23,170New
National Bank of Canada22,613$30.5K0.00%+4,389+24.1%Added
Keystone Wealth Services, LLC21,250$28.5K0.01%00.0%Unchanged
Prairiewood Capital, LLC20,000$26.8K0.01%00.0%Unchanged
Principia Wealth Advisory, LLC20,000$26.8K0.02%−2,500−11.1%Reduced
Avantax Advisory Services, Inc.19,756$26.5K0.00%+19,756New
Wealth Enhancement Advisory Services, LLC18,320$25.6K0.00%+5,000+37.5%Added
United Capital Management of KS, Inc.18,418$24.7K0.00%00.0%Unchanged
Fiduciary Alliance LLC17,000$22.8K0.00%−5,172−23.3%Reduced
Citigroup Inc16,697$22.5K0.00%+16,465+7,097.0%Added