Goehring & Rozencwajg Associates, LLC NG — NOVAGOLD RES INC

Ownership history in Goehring & Rozencwajg Associates, LLC  ·  14 quarters on record

AI Ownership Summary

Goehring & Rozencwajg Associates, LLC reported NOVAGOLD RES INC (NG) in 14 quarterly 13F filings from 2023 Q4 through 2026 Q1. Peak portfolio weight reached 1.21% in 2025 Q3. The latest visible filing shows NG at 0.33% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this NG ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Goehring & Rozencwajg Associates, LLC's position in NOVAGOLD RES INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

NG was reported at 0.33% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
1.21% in 2025 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

NG stock page Goehring & Rozencwajg Associates, LLC fund profile Goehring & Rozencwajg Associates, LLC full holdings
How Goehring & Rozencwajg Associates, LLC held NG — position size vs. price
% of Fund (quarterly)    NG price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 10 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 REDUCED — — — 692,741 -107,085 -13.4% 0.33% $6.2M 2026-05-05 $7.93
2025 Q4 REDUCED 30.0% -3.6% ✅ 799,826 -342,663 -30.0% 0.74% $7.5M 2026-02-13 $10.75
2025 Q3 ADDED — — — 1,142,489 +14,645 +1.3% 1.21% $10.1M 2025-11-10 $8.59
2025 Q2 ADDED — — — 1,127,844 +748,216 +197.1% 0.71% $4.6M 2025-08-12 $5.89
2025 Q1 ADDED — — — 379,628 +8,500 +2.3% 0.24% $1.3M 2025-04-29 $4.33
2024 Q4 ADDED — — — 371,128 +19,712 +5.6% 0.25% $1.2M 2025-01-28 $3.06
2024 Q3 ADDED — — — 351,416 +25,648 +7.9% 0.29% $1.4M 2024-11-13 $3.31
2024 Q2 ADDED — — — 325,768 +33,900 +11.6% 0.22% $1.1M 2024-08-12 $4.41
2024 Q1 ADDED — — — 291,868 +22,500 +8.4% 0.19% $876K 2024-05-13 $2.87
2023 Q4 ADDED — — — 269,368 +10,505 +4.1% 0.24% $1.0M 2024-02-14 $2.43
4 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding NG

As of 2026 Q1 — sorted by position size

Electrum Group LLC 77.08% PAULSON & CO. INC. 3Y 7Y 7.86% Lingotto Investment Management LLP 3Y 7Y 6.53% Kopernik Global Investors, LLC 3Y 7Y 4.08% PIN OAK INVESTMENT ADVISORS INC 3Y 7Y 2.07% Bank Pictet & Cie (Europe) AG 3Y 7Y 0.9% Worth Venture Partners, LLC 3Y 7Y 0.82% Empyrean Capital Partners, LP 3Y 7Y 0.79% Greenwich Wealth Management LLC 3Y 7Y 0.73% Gruss & Co., LLC 3Y 7Y 0.47%

FAQ About Goehring & Rozencwajg Associates, LLC and NG

These are the practical questions this page is built to answer before you even open the full history table.

How long has Goehring & Rozencwajg Associates, LLC reported owning NG?

Goehring & Rozencwajg Associates, LLC reported NG across 10 quarterly 13F filings, from 2023 Q4 through 2026 Q1.

What was the largest reported NG position in Goehring & Rozencwajg Associates, LLC's portfolio?

The largest reported portfolio weight for NG was 1.21% in 2025 Q3.

What is the latest reported NG position on this page?

The most recent filing on this page is 2026 Q1, when Goehring & Rozencwajg Associates, LLC reported 692,741 shares, equal to 0.33% of portfolio, with an estimated market value of $6.2M.

What does the chart on this NG ownership page compare?

The chart compares Goehring & Rozencwajg Associates, LLC's quarterly NG portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Goehring & Rozencwajg Associates, LLC time their NG position?

Based on 13F filing dates vs. subsequent NG price moves, Goehring & Rozencwajg Associates, LLC correctly timed 7 out of 13 reported position changes (54%). The annualised alpha on NG relative to SPY over the holding period was -9.8%.

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