Eldorado Gold
189 hedge funds and large institutions have $1.63B invested in Eldorado Gold in 2015 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 55 increasing their positions, 65 reducing their positions, and 14 closing their positions.
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
17% more call options, than puts
Call options by funds: $16.6M | Put options by funds: $14.2M
6% more funds holding
Funds holding: 178 → 189 (+11)
0.49% less ownership
Funds ownership: 11.43% → 10.94% (-0.49%)
13% less capital invested
Capital invested by funds: $1.88B → $1.63B (-$249M)
15% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 65
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Gabelli Funds
Rye,
New York
|
+$13.9M |
| 2 |
T
TOBAM
Paris,
France
|
+$12.7M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$7M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$6.35M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$5.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$34.4M |
| 2 |
VanEck Associates
New York
|
-$29.5M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$19.3M |
| 4 |
JP Morgan Chase
New York
|
-$17M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$11.1M |
EGO Hedge Fund Activity: Q2 2015 in Review
189 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q2 2015, worth a combined $1.63B — down 13% from $1.88B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new EGO positions and 14 closed out — a net gain of 12 holders — while 55 added to existing stakes and 65 trimmed.
The largest buyer was Gabelli Funds, adding an estimated $13.9M. The largest seller was Royal Bank of Canada, cutting an estimated $34.4M.
- 189 institutional investors held Eldorado Gold (EGO) as of Q2 2015, up from 178 in Q1 2015.
- Funds reported $1.63B of Eldorado Gold stock for Q2 2015, down 13% quarter-over-quarter.
- 26 funds opened new Eldorado Gold positions in Q2 2015 and 14 closed out, a net change of +12 holders.
- The largest Eldorado Gold buyer in Q2 2015 was Gabelli Funds, an estimated $13.9M added.
- The largest Eldorado Gold seller in Q2 2015 was Royal Bank of Canada, an estimated $34.4M sold.
Based on aggregated 13F filings for Q2 2015.