Eldorado Gold
194 hedge funds and large institutions have $2.91B invested in Eldorado Gold in 2014 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 71 reducing their positions, and 27 closing their positions.
123% more call options, than puts
Call options by funds: $69.4M | Put options by funds: $31.1M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
60% more capital invested
Capital invested by funds: $1.82B → $2.91B (+$1.1B)
1.56% more ownership
Funds ownership: 9.08% → 10.64% (+1.6%)
7% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 71
4% less funds holding
Funds holding: 202 → 194 (-8)
26% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$95M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$86M |
| 3 |
O
OppenheimerFunds
New York
|
+$48.5M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
+$40M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$36.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$21.5M |
| 2 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$10.9M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$7.46M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$7.38M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$7.11M |
EGO Hedge Fund Activity: Q2 2014 in Review
194 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q2 2014, worth a combined $2.91B — up 60% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of EGO and 20 opened new positions — a net loss of 7 holders — while 71 trimmed existing stakes and 66 added.
The largest buyer was Tocqueville Asset Management, adding an estimated $95M. The largest seller was T. Rowe Price Associates, cutting an estimated $21.5M.
- 194 institutional investors held Eldorado Gold (EGO) as of Q2 2014, down from 202 in Q1 2014.
- Funds reported $2.91B of Eldorado Gold stock for Q2 2014, up 60% quarter-over-quarter.
- 20 funds opened new Eldorado Gold positions in Q2 2014 and 27 closed out, a net change of -7 holders.
- The largest Eldorado Gold buyer in Q2 2014 was Tocqueville Asset Management, an estimated $95M added.
- The largest Eldorado Gold seller in Q2 2014 was T. Rowe Price Associates, an estimated $21.5M sold.
Based on aggregated 13F filings for Q2 2014.