Eldorado Gold
EGO
204 hedge funds and large institutions have $1.95B invested in Eldorado Gold in 2013 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 59 increasing their positions, 78 reducing their positions, and 31 closing their positions.
83% more call options, than puts
Call options by funds: $33.7M | Put options by funds: $18.4M
10% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 31
1% more funds holding
Funds holding: 202 → 204 (+2)
0.56% less ownership
Funds ownership: 10.14% → 9.57% (-0.56%)
20% less capital invested
Capital invested by funds: $2.43B → $1.95B (-$485M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
24% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$52.8M |
| 2 |
VanEck Associates
New York
|
+$16.1M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$11.8M |
| 4 |
Renaissance Technologies
New York
|
+$11.4M |
| 5 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$73.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$49.8M |
| 3 |
Jennison Associates
New York
|
-$32.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$20.3M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$16.5M |
EGO Hedge Fund Activity: Q4 2013 in Review
204 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q4 2013, worth a combined $1.95B — down 20% from $2.43B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new EGO positions and 31 closed out — a net gain of 3 holders — while 59 added to existing stakes and 78 trimmed.
The largest buyer was OppenheimerFunds, opening a new position worth an estimated $52.8M. The largest seller was Tocqueville Asset Management, cutting an estimated $73.5M.
- 204 institutional investors held Eldorado Gold (EGO) as of Q4 2013, up from 202 in Q3 2013.
- Funds reported $1.95B of Eldorado Gold stock for Q4 2013, down 20% quarter-over-quarter.
- 34 funds opened new Eldorado Gold positions in Q4 2013 and 31 closed out, a net change of +3 holders.
- The largest Eldorado Gold buyer in Q4 2013 was OppenheimerFunds, an estimated $52.8M added.
- The largest Eldorado Gold seller in Q4 2013 was Tocqueville Asset Management, an estimated $73.5M sold.
Based on aggregated 13F filings for Q4 2013.