Eldorado Gold
114 hedge funds and large institutions have $444M invested in Eldorado Gold in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 35 reducing their positions, and 21 closing their positions.
42% more capital invested
Capital invested by funds: $312M → $444M (+$132M)
5.45% more ownership
Funds ownership: 42.35% → 47.8% (+5.5%)
6% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 35
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 121 → 114 (-7)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
62% less call options, than puts
Call options by funds: $3.79M | Put options by funds: $9.95M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
+$22.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$8.26M |
| 3 |
Renaissance Technologies
New York
|
+$6.66M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$5.61M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$3.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$4.47M |
| 2 |
VanEck Associates
New York
|
-$3.74M |
| 3 |
D.E. Shaw & Co
New York
|
-$3.73M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.95M |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$1.25M |
EGO Hedge Fund Activity: Q2 2019 in Review
114 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q2 2019, worth a combined $444M — up 42% from $312M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of EGO and 15 opened new positions — a net loss of 6 holders — while 35 trimmed existing stakes and 37 added.
The largest buyer was Lansdowne Partners (UK), opening a new position worth an estimated $22.7M. The largest seller was First Eagle Investment Management, exiting entirely with an estimated $4.47M sold.
- 114 institutional investors held Eldorado Gold (EGO) as of Q2 2019, down from 121 in Q1 2019.
- Funds reported $444M of Eldorado Gold stock for Q2 2019, up 42% quarter-over-quarter.
- 15 funds opened new Eldorado Gold positions in Q2 2019 and 21 closed out, a net change of -6 holders.
- The largest Eldorado Gold buyer in Q2 2019 was Lansdowne Partners (UK), an estimated $22.7M added.
- The largest Eldorado Gold seller in Q2 2019 was First Eagle Investment Management, an estimated $4.47M sold.
Based on aggregated 13F filings for Q2 2019.