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Eldorado Gold

121 hedge funds and large institutions have $312M invested in Eldorado Gold in 2019 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 32 increasing their positions, 36 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 18

80% more capital invested

Capital invested by funds: $173M → $312M (+$139M)

33.83% more ownership

Funds ownership: 8.52%42.35% (+34%)

17% more funds holding

Funds holding: 103121 (+18)

11% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 36

14% less call options, than puts

Call options by funds: $3.59M | Put options by funds: $4.18M

Holders
121
Holders Change
+18
Holders Change %
+17.48%
% of All Funds
2.62%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
36
Increased
32
Reduced
36
Closed
18
Calls
$3.59M
Puts
$4.18M
Net Calls
-$586K
Net Calls Change
+$4.83M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$88.6M -$4.77M -1,224,985 -6%
Franklin Resources
2
Franklin Resources
California
$20.7M +$1.62M +414,911 +10%
Vanguard Group
3
Vanguard Group
Pennsylvania
$19.2M +$130K +33,463 +0.8%
DSC
4
Donald Smith & Co
New York
$19M +$8.17M +2,099,175 +105%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$14.3M -$801K -205,893 -6%
Morgan Stanley
6
Morgan Stanley
New York
$12.5M +$10.1M +2,601,875 +2,432%
CA
7
Commerzbank Aktiengesellschaft
Germany
$11.6M +$9.76M +2,506,228 New
RL
8
Ruffer LLP
United Kingdom
$11.1M -$25.6M -6,569,153 -73%
Renaissance Technologies
9
Renaissance Technologies
New York
$9.36M +$5.22M +1,340,199 +197%
BlackRock
10
BlackRock
New York
$7.81M +$2.52M +648,631 +63%
USAA
11
United Services Automobile Association
Texas
$7.64M +$6.61K +1,697 +0.1%
Schroder Investment Management Group
12
Schroder Investment Management Group
United Kingdom
$6.6M -$6.82M -1,752,753 -59%
Norges Bank
13
Norges Bank
Norway
$6.37M -$4 -1 -0%
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
$5.73M +$514K +131,965 +12%
Deutsche Bank
15
Deutsche Bank
Germany
$5.63M +$1.75M +448,494 +58%
Connor, Clark & Lunn Investment Management (CC&L)
16
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$5.61M +$3.96M +1,018,349 +522%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$5.03M +$3.42M +877,371 +414%
First Eagle Investment Management
18
First Eagle Investment Management
New York
$4.47M
SVG
19
Sun Valley Gold
Idaho
$3.86M +$3.25M +835,737 New
Goldman Sachs
20
Goldman Sachs
New York
$2.44M +$1.01M +259,924 +97%
TD Asset Management
21
TD Asset Management
Ontario, Canada
$2.36M -$45.9K -11,801 -2%
Two Sigma Investments
22
Two Sigma Investments
New York
$2.11M +$1.63M +418,486 +1,134%
PPA
23
Parametric Portfolio Associates
Washington
$2.03M +$1.71M +439,117 New
Marshall Wace
24
Marshall Wace
United Kingdom
$1.95M +$1.64M +421,467 New
Public Sector Pension Investment Board (PSP Investments)
25
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.88M

EGO Hedge Fund Activity: Q1 2019 in Review

121 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q1 2019, worth a combined $312M — up 80% from $173M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new EGO positions and 18 closed out — a net gain of 18 holders — while 32 added to existing stakes and 36 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $10.1M. The largest seller was Ruffer LLP, cutting an estimated $25.6M.

  • 121 institutional investors held Eldorado Gold (EGO) as of Q1 2019, up from 103 in Q4 2018.
  • Funds reported $312M of Eldorado Gold stock for Q1 2019, up 80% quarter-over-quarter.
  • 36 funds opened new Eldorado Gold positions in Q1 2019 and 18 closed out, a net change of +18 holders.
  • The largest Eldorado Gold buyer in Q1 2019 was Morgan Stanley, an estimated $10.1M added.
  • The largest Eldorado Gold seller in Q1 2019 was Ruffer LLP, an estimated $25.6M sold.

Based on aggregated 13F filings for Q1 2019.