Here’s our smart money update for the week. These numbers are taken from Irish’s nightly house positions (thank you Irish). Garzooka, I invite you to edit or add to these numbers if you have access to the additional information from the other trading platforms. As I stated earlier this is not an exact science but it did give us a heads up to a shift in institutional sentiment and hopefully some benefited early this morning with the early update. Have a great weekend everyone and keep well!

Increased Positions in NOT this week

ITG +537,450

Anonymous +359,400

Dundee +198,200

Barclays +100,000

Blackmont +76,900

Haywood +68,000

Mackenzie +49,000

Wellington +25,100

Research Cap +8500

Bolder +6,000

Reduced Positions in NOT this week

Penson –204,600

Raymond James –107,500

Jitney –90,450

Canaccord –13,400

Institutions increased their combined holdings this week by 1,012,600. Institutions have increased their combined holdings by 2,871,251 shares since August 17th. All institutions that I track (18) remain in a net positive position since Aug 17th except for Canaccord, Clarus, Raymond James, and Jitney. Top institutional buyers since Aug 17th are Dundee, Wellington, Penson, Genuity, ITG and Haywood.

Increased positions in FWR this week

CIBC +4,366,032

MacQuarie +889,000

GMP +484,000

ITG +315,500

Reduced Positions in FWR this week

Anonymous –2,394,000

Jitney –1,301,500

Caldwell –1,253,000

UBS –494,400

Haywood –369,000

Blackmont –274,600

Canaccord –254,034

Raymond James –86,000

Research Cap –64,000

Dundee –36,000

Penson –3,000

Jennings –2,000

Institutions decreased their combined holdings this week by 4,843,034. Institutions have increased their combined holdings by 2,884,418 since Oct 5th. Institutions appear to be selling but CIBC (FWR’s financial advisor) has added an incredible amount to its position this week. Top institutional buyers since Oct 5th are GMP, MacQuarie, Genuity, Blackmont and UBS.