Eldorado Gold
148 hedge funds and large institutions have $289M invested in Eldorado Gold in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 53 reducing their positions, and 21 closing their positions.
4% less funds holding
Funds holding: 154 → 148 (-6)
8.9% less ownership
Funds ownership: 51.64% → 42.74% (-8.9%)
28% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 53
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
67% less capital inflows, than outflows
Capital inflows: $44.4M | Capital outflows: $133M
81% less call options, than puts
Call options by funds: $649K | Put options by funds: $3.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Donald Smith & Co
New York
|
+$11.7M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.54M |
| 3 |
Intact Investment Management
Montreal,
Quebec, Canada
|
+$4.61M |
| 4 |
Goldman Sachs
New York
|
+$3.6M |
| 5 |
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$37.9M |
| 2 |
Prudential plc
London, England,
United Kingdom
|
-$23.6M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$20.9M |
| 4 |
VanEck Associates
New York
|
-$12.5M |
| 5 |
Bank of New York Mellon
New York
|
-$5.86M |
EGO Hedge Fund Activity: Q1 2018 in Review
148 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q1 2018, worth a combined $289M — down 51% from $594M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of EGO and 15 opened new positions — a net loss of 6 holders — while 53 trimmed existing stakes and 38 added.
The largest buyer was Donald Smith & Co, opening a new position worth an estimated $11.7M. The largest seller was Franklin Resources, cutting an estimated $37.9M.
- 148 institutional investors held Eldorado Gold (EGO) as of Q1 2018, down from 154 in Q4 2017.
- Funds reported $289M of Eldorado Gold stock for Q1 2018, down 51% quarter-over-quarter.
- 15 funds opened new Eldorado Gold positions in Q1 2018 and 21 closed out, a net change of -6 holders.
- The largest Eldorado Gold buyer in Q1 2018 was Donald Smith & Co, an estimated $11.7M added.
- The largest Eldorado Gold seller in Q1 2018 was Franklin Resources, an estimated $37.9M sold.
Based on aggregated 13F filings for Q1 2018.