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Eldorado Gold

182 hedge funds and large institutions have $1.18B invested in Eldorado Gold in 2017 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 55 increasing their positions, 59 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more call options, than puts

Call options by funds: $11.7M | Put options by funds: $8.19M

1.37% more ownership

Funds ownership: 11%12.36% (+1.4%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

7% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 59

4% less funds holding

Funds holding: 190182 (-8)

13% less capital invested

Capital invested by funds: $1.35B → $1.18B (-$177M)

18% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 40

Holders
182
Holders Change
-8
Holders Change %
-4.21%
% of All Funds
4.54%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
33
Increased
55
Reduced
59
Closed
40
Calls
$11.7M
Puts
$8.19M
Net Calls
+$3.55M
Net Calls Change
-$717K
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$189M +$60.7M +3,727,298 +35%
Franklin Resources
2
Franklin Resources
California
$135M +$26.1M +1,601,284 +19%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$84.2M -$19.4M -1,193,212 -16%
Toronto Dominion Bank
4
Toronto Dominion Bank
Ontario, Canada
$53M +$39.3M +2,410,017 +152%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$52.1M +$24.7M +1,515,704 +62%
Connor, Clark & Lunn Investment Management (CC&L)
6
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$41.1M +$25.7M +1,579,121 +104%
H
7
Hexavest
Quebec, Canada
$41M +$27.7M +1,703,013 +121%
Vanguard Group
8
Vanguard Group
Pennsylvania
$38.5M -$4.12M -252,609 -8%
TAM
9
Tocqueville Asset Management
New York
$35.4M -$3.87M -237,240 -8%
GCC
10
Guardian Capital (Canada)
Ontario, Canada
$33.6M -$8.57M -525,715 -17%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$33.3M +$2.69M +164,954 +7%
Goldman Sachs
12
Goldman Sachs
New York
$24.8M +$24.4M +1,494,647 +389%
USAA
13
United Services Automobile Association
Texas
$22.4M -$1.3M -79,749 -4%
Morgan Stanley
14
Morgan Stanley
New York
$21.2M +$8.01M +491,690 +44%
First Eagle Investment Management
15
First Eagle Investment Management
New York
$20.5M +$4.15M +255,000 +20%
TD Asset Management
16
TD Asset Management
Ontario, Canada
$18.5M +$5.24M +321,565 +30%
IIM
17
Intact Investment Management
Quebec, Canada
$18.2M +$7.96M +488,360 +84%
AIM
18
Assured Investment Management
New York
$17.9M +$3.38M +207,445 +18%
Deutsche Bank
19
Deutsche Bank
Germany
$17.9M +$5.93M +363,766 +37%
BlackRock
20
BlackRock
New York
$16.7M +$18.9M +1,160,391 +1,119%
CS
21
Credit Suisse
Switzerland
$16.6M +$16M +984,717 +363%
Norges Bank
22
Norges Bank
Norway
$15.5M +$1.47M +90,048 +8%
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$14.6M -$11.2M -686,750 -38%
JP Morgan Chase
24
JP Morgan Chase
New York
$11.5M +$9.47M +581,426 +203%
Public Sector Pension Investment Board (PSP Investments)
25
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$10.5M +$9.2M +564,380 +245%

EGO Hedge Fund Activity: Q2 2017 in Review

182 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q2 2017, worth a combined $1.18B — down 13% from $1.35B a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of EGO and 33 opened new positions — a net loss of 7 holders — while 59 trimmed existing stakes and 55 added.

The largest buyer was VanEck Associates, adding an estimated $60.7M. The largest seller was CIBC World Market, cutting an estimated $26.7M.

  • 182 institutional investors held Eldorado Gold (EGO) as of Q2 2017, down from 190 in Q1 2017.
  • Funds reported $1.18B of Eldorado Gold stock for Q2 2017, down 13% quarter-over-quarter.
  • 33 funds opened new Eldorado Gold positions in Q2 2017 and 40 closed out, a net change of -7 holders.
  • The largest Eldorado Gold buyer in Q2 2017 was VanEck Associates, an estimated $60.7M added.
  • The largest Eldorado Gold seller in Q2 2017 was CIBC World Market, an estimated $26.7M sold.

Based on aggregated 13F filings for Q2 2017.