Eldorado Gold
120 hedge funds and large institutions have $709M invested in Eldorado Gold in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 38 increasing their positions, 41 reducing their positions, and 20 closing their positions.
50% more call options, than puts
Call options by funds: $17M | Put options by funds: $11.3M
12% more capital invested
Capital invested by funds: $630M → $709M (+$78.2M)
4.63% more ownership
Funds ownership: 51.03% → 55.66% (+4.6%)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
1% more funds holding
Funds holding: 119 → 120 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$20M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$13.3M |
| 3 |
Two Sigma Investments
New York
|
+$11.5M |
| 4 |
VanEck Associates
New York
|
+$9.74M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Prince Street Capital Management
New York
|
-$16.1M |
| 2 |
JP Morgan Chase
New York
|
-$10.7M |
| 3 |
DSC
Donald Smith & Co
New York
|
-$7.69M |
| 4 |
Goldman Sachs
New York
|
-$5.93M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.82M |
EGO Hedge Fund Activity: Q4 2019 in Review
120 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q4 2019, worth a combined $709M — up 12% from $630M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new EGO positions and 20 closed out — a net gain of 1 holder — while 38 added to existing stakes and 41 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $20M. The largest seller was Prince Street Capital Management, exiting entirely with an estimated $16.1M sold.
- 120 institutional investors held Eldorado Gold (EGO) as of Q4 2019, up from 119 in Q3 2019.
- Funds reported $709M of Eldorado Gold stock for Q4 2019, up 12% quarter-over-quarter.
- 21 funds opened new Eldorado Gold positions in Q4 2019 and 20 closed out, a net change of +1 holder.
- The largest Eldorado Gold buyer in Q4 2019 was Morgan Stanley, an estimated $20M added.
- The largest Eldorado Gold seller in Q4 2019 was Prince Street Capital Management, an estimated $16.1M sold.
Based on aggregated 13F filings for Q4 2019.