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Eldorado Gold

132 hedge funds and large institutions have $924M invested in Eldorado Gold in 2020 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 46 increasing their positions, 39 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 15

65% more capital invested

Capital invested by funds: $562M → $924M (+$363M)

36% more call options, than puts

Call options by funds: $18.6M | Put options by funds: $13.6M

18% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 39

11% more funds holding

Funds holding: 119132 (+13)

1.47% more ownership

Funds ownership: 55.04%56.5% (+1.5%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
132
Holders Change
+13
Holders Change %
+10.92%
% of All Funds
2.71%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
29
Increased
46
Reduced
39
Closed
15
Calls
$18.6M
Puts
$13.6M
Net Calls
+$4.96M
Net Calls Change
+$3.28M
Name Holding Trade Value Shares
Change
Change in
Stake
VanEck Associates
1
VanEck Associates
New York
$168M -$9.03M -1,039,837 -6%
Connor, Clark & Lunn Investment Management (CC&L)
2
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$78.5M +$9.19M +1,058,178 +15%
Renaissance Technologies
3
Renaissance Technologies
New York
$70.7M -$7.18M -826,540 -10%
BlackRock
4
BlackRock
New York
$50.5M +$3.92M +451,808 +10%
Arrowstreet Capital
5
Arrowstreet Capital
Massachusetts
$46M +$15.4M +1,778,691 +60%
Vanguard Group
6
Vanguard Group
Pennsylvania
$45.7M +$314K +36,121 +0.8%
LPU
7
Lansdowne Partners (UK)
United Kingdom
$43M -$2.51M -288,929 -6%
Franklin Resources
8
Franklin Resources
California
$37.8M -$3.67M -422,302 -12%
Invesco
9
Invesco
Georgia
$27.8M +$773K +88,946 +3%
Two Sigma Advisers
10
Two Sigma Advisers
New York
$26M -$3.65M -420,798 -14%
Schroder Investment Management Group
11
Schroder Investment Management Group
United Kingdom
$21.2M +$7.29M +839,900 +73%
Norges Bank
12
Norges Bank
Norway
$19.7M +$616K +70,939 +4%
Millennium Management
13
Millennium Management
New York
$19.3M +$9.25M +1,064,851 +115%
DSC
14
Donald Smith & Co
New York
$18M -$1.11M -128,310 -6%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$17.5M -$5M -575,473 -24%
Deutsche Bank
16
Deutsche Bank
Germany
$16.2M -$10.2M -1,175,065 -41%
Morgan Stanley
17
Morgan Stanley
New York
$15.8M +$11.8M +1,359,743 +504%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$13.9M +$6.46M +743,541 +107%
Bank of Montreal
19
Bank of Montreal
Ontario, Canada
$13.5M +$1.45M +167,363 +15%
Bank of America
20
Bank of America
North Carolina
$11.4M +$4.07M +469,165 +67%
Two Sigma Investments
21
Two Sigma Investments
New York
$11.2M -$11.5M -1,320,092 -53%
AIMCA
22
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$9.19M +$2.63M +302,300 +46%
EMG
23
ETF Managers Group
New Jersey
$6.67M +$6.06M +697,206 New
Acadian Asset Management
24
Acadian Asset Management
Massachusetts
$6.53M +$4.07M +469,106 +224%
GF
25
Gabelli Funds
New York
$5.9M +$5.28M +608,000 New

EGO Hedge Fund Activity: Q2 2020 in Review

132 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q2 2020, worth a combined $924M — up 65% from $562M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new EGO positions and 15 closed out — a net gain of 14 holders — while 46 added to existing stakes and 39 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $15.4M. The largest seller was Two Sigma Investments, cutting an estimated $11.5M.

  • 132 institutional investors held Eldorado Gold (EGO) as of Q2 2020, up from 119 in Q1 2020.
  • Funds reported $924M of Eldorado Gold stock for Q2 2020, up 65% quarter-over-quarter.
  • 29 funds opened new Eldorado Gold positions in Q2 2020 and 15 closed out, a net change of +14 holders.
  • The largest Eldorado Gold buyer in Q2 2020 was Arrowstreet Capital, an estimated $15.4M added.
  • The largest Eldorado Gold seller in Q2 2020 was Two Sigma Investments, an estimated $11.5M sold.

Based on aggregated 13F filings for Q2 2020.