Eldorado Gold
154 hedge funds and large institutions have $594M invested in Eldorado Gold in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 57 increasing their positions, 44 reducing their positions, and 26 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 44
0.43% less ownership
Funds ownership: 10.76% → 10.33% (-0.43%)
6% less funds holding
Funds holding: 163 → 154 (-9)
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
37% less capital invested
Capital invested by funds: $945M → $594M (-$351M)
84% less call options, than puts
Call options by funds: $1.37M | Put options by funds: $8.31M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$22.1M |
| 2 |
Morgan Stanley
New York
|
+$7.18M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$6.68M |
| 4 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
+$5.5M |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$4.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$23.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.9M |
| 3 |
AIM
Assured Investment Management
New York
|
-$14.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.32M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$6.43M |
EGO Hedge Fund Activity: Q4 2017 in Review
154 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q4 2017, worth a combined $594M — down 37% from $945M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of EGO and 17 opened new positions — a net loss of 9 holders — while 44 trimmed existing stakes and 57 added.
The largest buyer was VanEck Associates, adding an estimated $22.1M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $23.7M sold.
- 154 institutional investors held Eldorado Gold (EGO) as of Q4 2017, down from 163 in Q3 2017.
- Funds reported $594M of Eldorado Gold stock for Q4 2017, down 37% quarter-over-quarter.
- 17 funds opened new Eldorado Gold positions in Q4 2017 and 26 closed out, a net change of -9 holders.
- The largest Eldorado Gold buyer in Q4 2017 was VanEck Associates, an estimated $22.1M added.
- The largest Eldorado Gold seller in Q4 2017 was Balyasny Asset Management, an estimated $23.7M sold.
Based on aggregated 13F filings for Q4 2017.