| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Kopernik Global Investors, LLC | 13% | 0% | $89,490,706 | +$1,227,163 | 74,575,588 | +1.4% | Kopernik Global Investors, LLC | 12 Nov 2025 |
As of 30 Sep 2025, 152 institutional investors reported holding 86,011,123 shares of NORTHERN DYNASTY MINERALS LTD - Common Shares, no par value (NAK). This represents 15% of the company’s total 587,209,354 outstanding shares.
The largest institutional shareholders of NORTHERN DYNASTY MINERALS LTD - Common Shares, no par value (NAK) together control 13% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Kopernik Global Investors, LLC | 3.7% | 21,661,178 | +10% | 2.1% | $25,993,414 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2.4% | 14,088,681 | +11% | 0.03% | $17,109,645 |
| Russell Investments Group, Ltd. | 0.82% | 4,810,176 | -11% | 0.01% | $5,778,888 |
| MILLENNIUM MANAGEMENT LLC | 0.75% | 4,406,828 | +369% | 0% | $5,288,194 |
| CITADEL ADVISORS LLC | 0.69% | 4,034,048 | +222% | 0% | $4,840,858 |
| GAM Holding AG | 0.59% | 3,469,100 | +24% | 0.26% | $4,162,920 |
| COMMONWEALTH EQUITY SERVICES, LLC | 0.51% | 2,986,579 | +983% | 0% | $3,584,000 |
| WEXFORD CAPITAL LP | 0.51% | 2,978,971 | +424% | 1.1% | $3,574,770 |
| TWO SIGMA INVESTMENTS, LP | 0.38% | 2,218,984 | +307% | 0% | $2,662,781 |
| CenterBook Partners LP | 0.35% | 2,036,478 | 0.12% | $2,443,774 | |
| SEI INVESTMENTS CO | 0.31% | 1,835,833 | -0.25% | 0% | $2,203,000 |
| ROYAL BANK OF CANADA | 0.31% | 1,802,794 | +97% | 0% | $2,164,000 |
| JANE STREET GROUP, LLC | 0.3% | 1,768,854 | +140% | 0% | $2,122,624 |
| HRT FINANCIAL LP | 0.28% | 1,665,362 | +1175% | 0.01% | $1,998,000 |
| MACKENZIE FINANCIAL CORP | 0.28% | 1,656,473 | 0% | $2,011,092 | |
| UBS Group AG | 0.19% | 1,140,609 | +1133% | 0% | $1,368,731 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.19% | 1,090,393 | +41% | 0% | $1,308,472 |
| Connor, Clark & Lunn Investment Management Ltd. | 0.17% | 1,011,100 | -31% | 0% | $1,227,549 |
| LMR Partners LLP | 0.15% | 900,000 | +80% | 0.01% | $1,080,000 |
| TWO SIGMA ADVISERS, LP | 0.14% | 828,500 | 0% | $994,200 | |
| TD Asset Management Inc | 0.12% | 691,016 | 0% | $839,311 | |
| Cambridge Investment Research Advisors, Inc. | 0.11% | 643,598 | +83% | 0% | $772,000 |
| Ionic Capital Management LLC | 0.09% | 517,500 | +101% | 0.69% | $621,000 |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV | 0.07% | 418,300 | 0% | 0.03% | $501,960 |
| CANTOR FITZGERALD, L. P. | 0.06% | 376,245 | +403% | 0.01% | $451,494 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 365,200 | $726,831 | -$76,666 | $1.97 | 11 |
| 2025 Q3 | 86,011,123 | $103,434,227 | +$31,147,362 | $1.20 | 152 |
| 2025 Q2 | 59,914,824 | $80,490,439 | +$12,227,800 | $1.34 | 150 |
| 2025 Q1 | 51,940,887 | $59,639,510 | -$3,313,213 | $1.15 | 136 |
| 2024 Q4 | 60,791,245 | $35,349,580 | -$758,320 | $0.58 | 107 |
| 2024 Q3 | 58,222,612 | $19,295,111 | +$1,837,038 | $0.33 | 97 |
| 2024 Q2 | 61,978,064 | $19,228,842 | +$426,373 | $0.31 | 90 |
| 2024 Q1 | 60,345,702 | $19,188,800 | +$2,501,905 | $0.32 | 87 |
| 2023 Q4 | 53,129,617 | $17,182,396 | +$854,071 | $0.32 | 81 |
| 2023 Q3 | 50,179,667 | $16,323,375 | +$339,008 | $0.33 | 85 |
| 2023 Q2 | 49,005,858 | $11,732,593 | -$3,096,622 | $0.24 | 82 |
| 2023 Q1 | 61,846,608 | $14,771,259 | -$202,472 | $0.24 | 80 |
| 2022 Q4 | 62,459,560 | $13,791,293 | -$278,764 | $0.22 | 80 |
| 2022 Q3 | 63,554,696 | $15,506,000 | -$81,426 | $0.24 | 69 |
| 2022 Q2 | 63,797,445 | $16,569,261 | -$482,743 | $0.26 | 62 |
| 2022 Q1 | 68,596,518 | $28,471,487 | -$678,452 | $0.42 | 78 |
| 2021 Q4 | 70,307,470 | $22,975,326 | -$1,110,586 | $0.33 | 66 |
| 2021 Q3 | 73,463,897 | $33,867,608 | +$1,759,736 | $0.46 | 75 |
| 2021 Q2 | 69,456,394 | $34,252,722 | +$3,523,157 | $0.49 | 69 |
| 2021 Q1 | 62,260,472 | $39,519,219 | +$6,024,075 | $0.63 | 69 |
| 2020 Q4 | 51,760,976 | $16,671,095 | -$1,182,074 | $0.32 | 60 |
| 2020 Q3 | 51,035,830 | $50,165,058 | +$11,493,995 | $0.98 | 79 |
| 2020 Q2 | 38,442,509 | $54,939,862 | -$2,359,468 | $1.43 | 76 |
| 2020 Q1 | 1,464 | $1,000 | -$5,000 | $0.38 | 1 |
| 2019 Q4 | 41,810 | $16,000 | -$634,221 | $0.38 | 5 |
| 2019 Q3 | 37,690,303 | $22,122,998 | +$1,223,042 | $0.59 | 57 |
| 2019 Q2 | 35,521,471 | $21,389,047 | -$1,831,860 | $0.60 | 62 |
| 2019 Q1 | 109,972 | $79,000 | -$43,208 | $0.67 | 9 |
| 2018 Q4 | 29,418,670 | $16,690,347 | +$654,334 | $0.57 | 45 |
| 2018 Q3 | 26,688,898 | $14,919,173 | +$857,079 | $0.56 | 45 |
| 2018 Q2 | 43,327 | $39,000 | -$1,926,301 | $0.90 | 2 |
| 2018 Q1 | 36,521,540 | $33,281,189 | -$11,593,118 | $0.91 | 72 |
| 2017 Q4 | 41,241,838 | $73,175,461 | +$8,231,628 | $1.77 | 87 |
| 2017 Q3 | 36,521,331 | $65,699,159 | +$5,018,642 | $1.80 | 68 |
| 2017 Q2 | 0 | $0 | -$7,686,990 | $1.41 | 1 |
| 2017 Q1 | 42,113,278 | $60,070,918 | +$12,551,804 | $1.43 | 63 |
| 2016 Q4 | 32,814,489 | $68,331,000 | +$4,673,575 | $2.07 | 47 |
| 2016 Q3 | 32,145,620 | $22,809,000 | -$2,325,770 | $0.71 | 39 |
| 2016 Q2 | 38,066,483 | $11,836,000 | +$4,909,486 | $0.31 | 26 |
| 2016 Q1 | 20,417,475 | $6,567,000 | -$2,701,168 | $0.32 | 22 |
| 2015 Q4 | 29,250,710 | $8,919,000 | +$1,653,221 | $0.31 | 24 |
| 2015 Q3 | 23,830,308 | $7,277,000 | +$111,452 | $0.31 | 21 |
| 2015 Q2 | 23,427,867 | $7,991,043 | -$38,476 | $0.34 | 26 |
| 2015 Q1 | 21,980,519 | $8,572,274 | +$325,842 | $0.39 | 23 |
| 2014 Q4 | 22,632,363 | $9,006,972 | -$503,236 | $0.40 | 28 |
| 2014 Q3 | 23,872,729 | $13,318,032 | -$1,261,405 | $0.55 | 32 |
| 2014 Q2 | 25,871,213 | $21,629,871 | +$2,513,970 | $0.84 | 36 |
| 2014 Q1 | 22,814,494 | $22,433,060 | -$1,822,403 | $0.99 | 38 |