Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in NGD held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | INDEPENDENT FINANCIAL GROUP, LLC | 20K | $74K | — | 0.003% | 0.00% |
| 2 | Marex Group plc | 23K | $67K | — | 0.003% | 0.00% |
| 3 | IFP Advisors, Inc | 500 | $4K | 0.0% | 0.000% | 0.00% |
| 4 | VAN ECK ASSOCIATES CORP | 133K | $1K | -99.8% | 0.017% | 0.00% |
| 5 | Strategic Wealth Partners, Ltd. | 90 | $784 | — | 0.000% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in NGD — a direct measure of their conviction.
Filings activity in NGD during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new NGD position in Q1 2026
Institutions that fully closed their NGD position in Q1 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 5 | 98% | 0.00% | 50.69 pp | $0M | 100% |
| Q4 2025 | 318 | +9.3% | 50.69% | +12.37 pp | $3.64B | +32% |
| Q3 2025 | 291 | +4.7% | 38.32% | +11.39 pp | $2.75B | +42% |
| Q2 2025 | 278 | +16% | 26.93% | +8.41 pp | $1.94B | +45% |
| Q1 2025 | 239 | +10% | 18.52% | +7.13 pp | $1.33B | +63% |
| Q4 2024 | 217 | +1.9% | 11.39% | 1.13 pp | $819M | 9.0% |
| Q3 2024 | 213 | +13% | 12.52% | +0.26 pp | $900M | +2.1% |
| Q2 2024 | 188 | — | 12.26% | — | $882M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying NGD stock.
Based on Q1 2026 13F filings, institutional ownership of New Gold Inc. stands at 0.0%, held across 5 reporting institutions.
INDEPENDENT FINANCIAL GROUP, LLC is the largest reported institutional holder of NGD, with approximately 20,000 shares worth $0.00B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of NGD.
Our composite Smart Money Score for NGD is 0 out of 100 (Heavy Distribution). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
3 institutions opened new positions in NGD during Q1 2026, while 316 fully exited. 1 added to existing positions and 1 trimmed.
NGD institutional ownership fell by 50.69 percentage points quarter-over-quarter, with a net change of -313 holders.
The top 10 institutions account for 100.0% of all reported 13F value in NGD, and the top 25 account for 100.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
New Gold Inc. (NGD) Institutional Ownership