PAULSON & CO. INC. — NOVAGOLD RESOURCES INC NG: Quarterly 13F Position History
PAULSON & CO. INC. has reported NOVAGOLD RESOURCES INC (NG) on 40 13F-HR filings in Pactolio's tracked window, first appearing in Q2 2016. As of Q1 2026, the position is sized at 27,238,061 shares ($244.6M market value, 7.86% of the equity book).
- 27,238,061Shares Held (Latest Filing)
- $244.6MReported Market Value (Latest Filing)
- 7.86%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- -$9.3MQuarter-over-Quarter Value Change
- 27,238,061Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 40 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 27,238,061 | 0 | — | $244.6M | 7.86% | $8.98 |
| Q4 2025 | 27,238,061 | 0 | — | $253.9M | 7.78% | $9.32 |
| Q3 2025 | 27,238,061 | 0 | — | $239.7M | 8.07% | $8.80 |
| Q2 2025 | 27,238,061 | 0 | — | $111.4M | 5.54% | $4.09 |
| Q1 2025 | 27,238,061 | 0 | — | $79.5M | 4.55% | $2.92 |
| Q4 2024 | 27,238,061 | 0 | — | $90.7M | 5.49% | $3.33 |
| Q3 2024 | 27,238,061 | 0 | — | $111.7M | 7.84% | $4.10 |
| Q2 2024 | 27,238,061 | 0 | — | $94.2M | 6.97% | $3.46 |
| Q1 2024 | 27,238,061 | +3,696,578 | +15.7% | $81.7M | 5.64% | $3.00 |
| Q4 2023 | 23,541,483 | +1,315,183 | +5.9% | $88.0M | 7.95% | $3.74 |
| Q3 2023 | 22,226,300 | 0 | — | $85.3M | 7.64% | $3.84 |
| Q2 2023 | 22,226,300 | 0 | — | $88.7M | 8.66% | $3.99 |
| Q1 2023 | 22,226,300 | 0 | — | $138.2M | 11.49% | $6.22 |
| Q4 2022 | 22,226,300 | 0 | — | $132.9M | 11.96% | $5.98 |
| Q3 2022 | 22,226,300 | 0 | — | $104.2M | 7.63% | $4.69 |
| Q2 2022 | 22,226,300 | 0 | — | $106.9M | 5.27% | $4.81 |
| Q1 2022 | 22,226,300 | 0 | — | $171.8M | 5.29% | $7.73 |
| Q4 2021 | 22,226,300 | 0 | — | $152.5M | 4.70% | $6.86 |
| Q3 2021 | 22,226,300 | 0 | — | $152.9M | 4.36% | $6.88 |
| Q2 2021 | 22,226,300 | 0 | — | $178.0M | 4.26% | $8.01 |
| Q1 2021 | 22,226,300 | 0 | — | $194.7M | 4.47% | $8.76 |
| Q4 2020 | 22,226,300 | 0 | — | $214.9M | 5.58% | $9.67 |
| Q3 2020 | 22,226,300 | 0 | — | $264.3M | 8.24% | $11.89 |
| Q2 2020 | 22,226,300 | 3,000,096 | -11.9% | $204.0M | 6.52% | $9.18 |
| Q1 2020 | 25,226,396 | +3,233,500 | +14.7% | $186.2M | 7.10% | $7.38 |
| Q4 2019 | 21,992,896 | 0 | — | $197.1M | 4.25% | $8.96 |
| Q3 2019 | 21,992,896 | 0 | — | $133.5M | 2.74% | $6.07 |
| Q2 2019 | 21,992,896 | 0 | — | $130.0M | 2.32% | $5.91 |
| Q1 2019 | 21,992,896 | 0 | — | $91.7M | 2.03% | $4.17 |
| Q4 2018 | 21,992,896 | 0 | — | $86.9M | 2.08% | $3.95 |
| Q3 2018 | 21,992,896 | 0 | — | $81.6M | 1.53% | $3.71 |
| Q2 2018 | 21,992,896 | 0 | — | $97.9M | 2.02% | $4.45 |
| Q1 2018 | 21,992,896 | 0 | — | $95.2M | 2.08% | $4.33 |
| Q4 2017 | 21,992,896 | 0 | — | $86.4M | 1.69% | $3.93 |
| Q3 2017 | 21,992,896 | 0 | — | $90.6M | 1.63% | $4.12 |
| Q2 2017 | 21,992,896 | 137,800 | -0.6% | $100.3M | 1.38% | $4.56 |
| Q1 2017 | 22,130,696 | 141,100 | -0.6% | $107.8M | 1.45% | $4.87 |
| Q4 2016 | 22,271,796 | 3,331,200 | -13.0% | $101.6M | 1.31% | $4.56 |
| Q3 2016 | 25,602,996 | 102,400 | -0.4% | $143.4M | 1.57% | $5.60 |
| Q2 2016 | 25,705,396 | — | — | $157.3M | 1.62% | $6.12 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did PAULSON & CO. INC. first disclose a NG position in 13F-HR filings?
PAULSON & CO. INC. first reported NOVAGOLD RESOURCES INC (NG) on its 13F-HR filing for the period ending 2016-06-30 (Q2 2016). The position has appeared on 40 reported quarters within Pactolio's tracked window.
What was PAULSON & CO. INC.'s most recent quarter-over-quarter share-count change in NG?
PAULSON & CO. INC. held the same 27,238,061 shares of NG between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent PAULSON & CO. INC.'s cost basis in NG?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.