Eldorado Gold
119 hedge funds and large institutions have $630M invested in Eldorado Gold in 2019 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 45 increasing their positions, 29 reducing their positions, and 19 closing their positions.
90% more call options, than puts
Call options by funds: $18.3M | Put options by funds: $9.64M
55% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 29
42% more capital invested
Capital invested by funds: $444M → $630M (+$187M)
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
4% more funds holding
Funds holding: 114 → 119 (+5)
3.22% more ownership
Funds ownership: 47.8% → 51.03% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$21.2M |
| 2 |
Renaissance Technologies
New York
|
+$19.4M |
| 3 |
PSCM
Prince Street Capital Management
New York
|
+$16.8M |
| 4 |
JP Morgan Chase
New York
|
+$15.1M |
| 5 |
Two Sigma Investments
New York
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$18.4M |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
-$15.1M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$14.8M |
| 4 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$10.5M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$9.62M |
EGO Hedge Fund Activity: Q3 2019 in Review
119 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q3 2019, worth a combined $630M — up 42% from $444M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new EGO positions and 19 closed out — a net gain of 5 holders — while 45 added to existing stakes and 29 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $21.2M. The largest seller was BlackRock, cutting an estimated $18.4M.
- 119 institutional investors held Eldorado Gold (EGO) as of Q3 2019, up from 114 in Q2 2019.
- Funds reported $630M of Eldorado Gold stock for Q3 2019, up 42% quarter-over-quarter.
- 24 funds opened new Eldorado Gold positions in Q3 2019 and 19 closed out, a net change of +5 holders.
- The largest Eldorado Gold buyer in Q3 2019 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $21.2M added.
- The largest Eldorado Gold seller in Q3 2019 was BlackRock, an estimated $18.4M sold.
Based on aggregated 13F filings for Q3 2019.