Eldorado Gold
202 hedge funds and large institutions have $2.44B invested in Eldorado Gold in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 87 increasing their positions, 67 reducing their positions, and 16 closing their positions.
53% more call options, than puts
Call options by funds: $44.6M | Put options by funds: $29.2M
30% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 67
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
5% more capital invested
Capital invested by funds: $2.32B → $2.44B (+$124M)
1% more funds holding
Funds holding: 200 → 202 (+2)
0.33% less ownership
Funds ownership: 10.47% → 10.13% (-0.33%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$30.7M |
| 2 |
Bank of New York Mellon
New York
|
+$26.4M |
| 3 |
VanEck Associates
New York
|
+$19.9M |
| 4 |
NAMA
Nikko Asset Management Americas
New York
|
+$17.1M |
| 5 |
Goldman Sachs
New York
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$62.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$54.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$38.4M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$35M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$12.6M |
EGO Hedge Fund Activity: Q3 2013 in Review
202 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q3 2013, worth a combined $2.44B — up 5.4% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new EGO positions and 16 closed out — a net gain of 3 holders — while 87 added to existing stakes and 67 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), opening a new position worth an estimated $30.7M. The largest seller was Fidelity Investments, cutting an estimated $62.8M.
- 202 institutional investors held Eldorado Gold (EGO) as of Q3 2013, up from 200 in Q2 2013.
- Funds reported $2.44B of Eldorado Gold stock for Q3 2013, up 5.4% quarter-over-quarter.
- 19 funds opened new Eldorado Gold positions in Q3 2013 and 16 closed out, a net change of +3 holders.
- The largest Eldorado Gold buyer in Q3 2013 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $30.7M added.
- The largest Eldorado Gold seller in Q3 2013 was Fidelity Investments, an estimated $62.8M sold.
Based on aggregated 13F filings for Q3 2013.