Northern Dynasty Minerals Ltd (NAK)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Russell Investments Group, Ltd.	7,331,769	$2,374,197	0%
2.	Sei Investments Co	1,840,395	$595,000	0%
3.	Susquehanna International Group, Llp	1,130,626	$365,532	0%
4.	Cadinha & Co Llc	1,000,000	$323,300	0.05%
5.	Wells Fargo & Company	765,045	$247,339	0%