Eldorado Gold
EGO
119 hedge funds and large institutions have $562M invested in Eldorado Gold in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 35 reducing their positions, and 22 closing their positions.
26% more call options, than puts
Call options by funds: $8.06M | Put options by funds: $6.38M
26% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 35
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.63% less ownership
Funds ownership: 55.66% → 55.04% (-0.63%)
1% less funds holding
Funds holding: 120 → 119 (-1)
21% less capital invested
Capital invested by funds: $709M → $562M (-$147M)
Top Buyers
| 1 |
BlackRock
New York
|
+$32.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.7M |
| 3 |
Renaissance Technologies
New York
|
+$11.6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.61M |
| 5 |
Two Sigma Advisers
New York
|
+$7.91M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$35.3M |
| 2 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$21.3M |
| 3 |
VanEck Associates
New York
|
-$9.5M |
| 4 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$6.71M |
| 5 |
Two Sigma Investments
New York
|
-$5.89M |
EGO Hedge Fund Activity: Q1 2020 in Review
119 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q1 2020, worth a combined $562M — down 21% from $709M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new EGO positions and 22 closed out — a net gain of 1 holder — while 44 added to existing stakes and 35 trimmed.
The largest buyer was BlackRock, adding an estimated $32.6M. The largest seller was Morgan Stanley, cutting an estimated $35.3M.
- 119 institutional investors held Eldorado Gold (EGO) as of Q1 2020, down from 120 in Q4 2019.
- Funds reported $562M of Eldorado Gold stock for Q1 2020, down 21% quarter-over-quarter.
- 23 funds opened new Eldorado Gold positions in Q1 2020 and 22 closed out, a net change of +1 holder.
- The largest Eldorado Gold buyer in Q1 2020 was BlackRock, an estimated $32.6M added.
- The largest Eldorado Gold seller in Q1 2020 was Morgan Stanley, an estimated $35.3M sold.
Based on aggregated 13F filings for Q1 2020.