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Eldorado Gold

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.

New
Increased
Maintained
Reduced
Closed

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: 202204 (+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: 54 (-1)

24% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 78

Holders
204
Holders Change
+2
Holders Change %
+0.99%
% of All Funds
5.92%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.12%
New
34
Increased
59
Reduced
78
Closed
31
Calls
$33.7M
Puts
$18.4M
Net Calls
+$15.3M
Net Calls Change
-$89K
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$335M +$16.1M +524,772 +5%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$193M -$7.56M -246,528 -4%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$112M +$4.57M +149,175 +4%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$94.7M -$49.8M -1,623,580 -33%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$79.6M -$78.9K -2,574 -0.1%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$67.8M -$2.34M -76,418 -3%
CIBC World Market
7
CIBC World Market
Ontario, Canada
$57.6M -$1.72M -55,961 -3%
Toronto Dominion Bank
8
Toronto Dominion Bank
Ontario, Canada
$52.4M +$2.26M +73,579 +4%
O
9
OppenheimerFunds
New York
$48.9M +$52.8M +1,721,900 New
USAA
10
United Services Automobile Association
Texas
$44.8M
AII
11
AGF Investments Inc
Ontario, Canada
$44.8M +$3.4M +111,037 +8%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$38M -$20.3M -661,323 -33%
First Eagle Investment Management
13
First Eagle Investment Management
New York
$36.6M
Jennison Associates
14
Jennison Associates
New York
$35.7M -$32.5M -1,061,382 -46%
Franklin Resources
15
Franklin Resources
California
$34.9M +$7.25M +236,500 +24%
Caisse de Depot et Placement du Quebec (CDPQ)
16
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$34.9M -$16.5M -536,880 -30%
Norges Bank
17
Norges Bank
Norway
$25.9M +$1.1M +35,978 +4%
IGIM
18
I.G. Investment Management
Manitoba, Canada
$24.3M -$12.3M -400,690 -32%
PIC
19
PCJ Investment Counsel
Ontario, Canada
$24M +$11.4M +370,540 +87%
TD Asset Management
20
TD Asset Management
Ontario, Canada
$22.4M -$505K -16,480 -2%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$22.4M -$2.06M -67,265 -8%
IIM
22
Intact Investment Management
Quebec, Canada
$20.5M +$11.8M +386,020 +131%
Invesco
23
Invesco
Georgia
$19.8M +$162K +5,281 +0.8%
Deutsche Bank
24
Deutsche Bank
Germany
$19.5M +$6.13M +200,171 +41%
JP Morgan Chase
25
JP Morgan Chase
New York
$18M -$5.5M -179,335 -22%

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.