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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 2026

Institutional positions in Northern Dynasty Minerals Ltd as of Mar 31, 2026. 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
193
+27 vs. Q4 2025
Shares held
115.6M
+10.9M (+10.4%) vs. Q4 2025
Total value
$161.6M
−$44.6M (−21.6%) vs. Q4 2025
New holders
52
43 more added
Sold out
25
46 more reduced

2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 193 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 2026: $161.6M
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 2026

Shares, value and share of portfolio for each institution holding Northern Dynasty Minerals Ltd; share changes are against Q4 2025.

Institutions holding NAK in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Kopernik Global Investors, LLC32,655,846$45.7M3.19%+10,994,668+50.8%Added
Mirae Asset Global ETFs Holdings Ltd.24,303,203$33.8M0.05%+7,136,436+41.6%Added
Two Sigma Investments, LP9,780,809$13.7M0.01%+3,464,722+54.9%Added
Jane Street Group, LLC5,480,999$7.67M0.01%−2,474,283−31.1%Reduced
Millennium Management LLC5,426,743$7.60M0.01%−7,937,614−59.4%Reduced
Renaissance Technologies LLC4,460,149$6.24M0.01%+4,460,149New
Russell Investments Group, Ltd.3,271,787$4.58M0.00%−212,195−6.1%Reduced
GAM Holding AG2,860,000$4.00M0.35%−766,000−21.1%Reduced
Commonwealth Equity Services, LLC2,593,632$3.63M0.01%+492,807+23.5%Added
Stenahm Asset Managment Ltd2,046,000$2.86M1.39%+2,046,000New
Citadel Advisors LLC1,942,188$2.72M0.00%−984,032−33.6%Reduced
SEI Investments Co1,558,138$2.18M0.00%−277,695−15.1%Reduced
Susquehanna International Group, LLP1,503,288$2.10M0.00%−1,750,074−53.8%Reduced
UBS Group AG1,493,854$2.09M0.00%+593,655+65.9%Added
Mackenzie Financial Corp1,237,071$1.72M0.00%+20,923+1.7%Added
Swiss National Bank1,100,500$1.53M0.00%+1,100,500New
Bornite Capital Management LP1,000,000$1.40M0.24%−4,385,000−81.4%Reduced
Bank of Montreal897,527$1.25M0.00%+759,438+550.0%Added
TD Asset Management Inc832,730$1.16M0.00%+85,388+11.4%Added
IMC-Chicago, LLC712,381$997.3K0.02%+227,145+46.8%Added
Cambridge Investment Research Advisors, Inc.551,402$772.0K0.00%+13,745+2.6%Added
Legal & General Group Plc471,755$655.8K0.00%+471,755New
Ionic Capital Management LLC459,000$642.6K0.54%+150,000+48.5%Added
State Street Corp422,700$591.8K0.00%+269,400+175.7%Added
Group One Trading, L.P.421,859$590.6K0.02%−268,331−38.9%Reduced
Nations Financial Group Inc,421,300$589.8K0.03%+3,000+0.7%Added
Nuveen, LLC403,052$560.3K0.00%+403,052New
Geode Capital Management, LLC373,429$520.8K0.00%+373,429New
Vanguard Asset Management, Ltd362,167$505.1K0.00%+362,167New
Simplex Trading, LLC218,160$305.4K0.01%+218,160New
Goldman Sachs Group Inc216,953$303.7K0.00%−14,870−6.4%Reduced
HRT Financial LP204,672$286.0K0.00%+204,672New
RFG Advisory, LLC202,490$283.5K0.01%00.0%Unchanged
Grimes & Company, Inc.189,750$265.6K0.01%00.0%Unchanged
Aletheian Wealth Advisors LLC168,200$235.5K0.11%+168,200New
LCM Capital Management Inc158,600$222.0K0.11%−85,788−35.1%Reduced
Bank of America Corp158,251$221.6K0.00%−84,996−34.9%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)156,724$217.9K0.00%+156,724New
LPL Financial LLC152,938$214.1K0.00%+12,385+8.8%Added
XTX Topco Ltd149,619$209.5K0.00%+117,968+372.7%Added
Vanguard Investments Australia, Ltd.148,907$207.7K0.00%+148,907New
Wells Fargo & Company145,316$203.4K0.00%+47,862+49.1%Added
Federation des caisses Desjardins du Quebec140,550$192.7K0.00%+61,700+78.2%Added
Quadrature Capital Ltd133,558$187.0K0.00%−467,622−77.8%Reduced
HighTower Advisors, LLC132,133$185.0K0.00%+482+0.4%Added
Public Employees Retirement System of Ohio115,700$160.8K0.00%+115,700New
BlackRock, Inc.110,956$155.3K0.00%+10,014+9.9%Added
Brady Family Wealth, LLC110,000$154.0K0.05%00.0%Unchanged
Toronto Dominion Bank109,876$153.3K0.00%+84,876+339.5%Added
Pictet Asset Management Holding SA109,049$151.6K0.00%+109,049New
Cadinha & Co LLC100,000$140.0K0.03%+100,000New
Stratos Wealth Advisors, LLC98,788$138.3K0.01%00.0%Unchanged
Cetera Investment Advisers93,930$131.5K0.00%−5,627−5.7%Reduced
Miracle Mile Advisors, LLC85,955$120.3K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.82,224$115.1K0.00%−26,550−24.4%Reduced
Cerity Partners LLC79,426$111.2K0.00%−100−0.1%Reduced
Engineers Gate Manager LP75,999$106.4K0.00%+75,999New
CIBC Asset Management Inc73,748$102.5K0.00%+73,748New
Raymond James Financial Inc72,758$101.9K0.00%−29,844−29.1%Reduced
Caitong International Asset Management Co., Ltd71,130$99.6K0.02%+36,524+105.5%Added
American Century Companies Inc70,953$99.0K0.00%+16,300+29.8%Added
Shay Capital LLC70,000$98.0K0.01%+70,000New
Sprott Inc.65,488$91.7K0.00%+65,488New
Cary Street Partners Financial LLC61,000$85.4K0.00%+20,000+48.8%Added
Tudor Investment Corp Et Al58,900$82.5K0.00%−21,100−26.4%Reduced
Western Reserve Capital Management, LLC56,106$78.5K0.06%−43,894−43.9%Reduced
Captrust Financial Advisors55,599$77.8K0.00%+3,200+6.1%Added
Marshall Wace, LLP54,000$75.6K0.00%−11,805−17.9%Reduced
Brevan Howard Capital Management LP55,700$74.9K0.00%−215,500−79.5%Reduced
Allegheny Financial Group LTD52,100$72.9K0.01%00.0%Unchanged
Great West Life Assurance Co51,104$70.0K0.00%+51,104New
Game Plan Financial Advisors, LLC45,000$63.0K0.03%00.0%Unchanged
Royal Bank of Canada43,048$60.0K0.00%−24,178−36.0%Reduced
Pittenger & Anderson Inc40,750$57.0K0.00%00.0%Unchanged
Versant Capital Management, Inc40,606$56.8K0.01%00.0%Unchanged
Pekin Hardy Strauss, Inc.40,000$56.0K0.01%−35,000−46.7%Reduced
Barclays PLC40,000$56.0K0.00%+40,000New
Sig Brokerage, LP36,957$51.7K0.01%−3,040−7.6%Reduced
Allium Financial Advisors, LLC35,000$49.0K0.04%00.0%Unchanged
Scratch Capital LLC32,434$45.4K0.03%00.0%Unchanged
Kestra Advisory Services, LLC31,484$44.1K0.00%+6,194+24.5%Added
SBI Securities Co., Ltd.30,632$42.9K0.00%+1,215+4.1%Added
Baird Financial Group, Inc.30,600$42.8K0.00%00.0%Unchanged
State of Wisconsin Investment Board30,464$42.3K0.00%+30,464New
626 Financial, LLC30,200$42.3K0.02%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC30,000$42.0K0.00%00.0%Unchanged
Creative Planning29,265$41.0K0.00%−3,780−11.4%Reduced
Swiss Life Asset Management Ltd28,676$40.0K0.00%+28,676New
Strathmore Capital Advisors, Inc.20,000$39.4K0.01%+20,000New
GWM Advisors LLC28,120$39.4K0.00%+4,286+18.0%Added
PFG Investments, LLC28,081$39.3K0.00%+15,000+114.7%Added
Sage Investment Advisers LLC26,000$38.5K0.03%00.0%Unchanged
Plancorp, LLC21,481$37.8K0.00%+21,481New
SevenBridge Financial Group, LLC18,500$37.7K0.01%+7,500+68.2%Added
Wealth Enhancement Advisory Services, LLC24,901$37.1K0.00%−7,220−22.5%Reduced
Linscomb & Williams, Inc.26,500$37.1K0.00%+26,500New
Allworth Financial LP25,468$35.7K0.00%+6,076+31.3%Added
FNY Investment Advisers, LLC25,000$35.0K0.02%−7,500−23.1%Reduced
Equitable Trust Co25,000$35.0K0.00%00.0%Unchanged
Silverlake Wealth Management LLC25,000$35.0K0.01%00.0%Unchanged