Eldorado Gold
128 hedge funds and large institutions have $987M invested in Eldorado Gold in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 55 increasing their positions, 37 reducing their positions, and 23 closing their positions.
136% more call options, than puts
Call options by funds: $29.2M | Put options by funds: $12.4M
49% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 37
7% more capital invested
Capital invested by funds: $926M → $987M (+$60.5M)
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
3% less funds holding
Funds holding: 132 → 128 (-4)
3.15% less ownership
Funds ownership: 56.5% → 53.35% (-3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$20.9M |
| 2 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
+$16.2M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$12.6M |
| 4 |
EPIM
Equinox Partners Investment Management
Stamford,
Connecticut
|
+$8.76M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$28.7M |
| 2 |
Millennium Management
New York
|
-$16.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$16.8M |
| 4 |
Two Sigma Advisers
New York
|
-$12.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.52M |
EGO Hedge Fund Activity: Q3 2020 in Review
128 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q3 2020, worth a combined $987M — up 6.5% from $926M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of EGO and 21 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 55 added.
The largest buyer was VanEck Associates, adding an estimated $20.9M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $28.7M.
- 128 institutional investors held Eldorado Gold (EGO) as of Q3 2020, down from 132 in Q2 2020.
- Funds reported $987M of Eldorado Gold stock for Q3 2020, up 6.5% quarter-over-quarter.
- 21 funds opened new Eldorado Gold positions in Q3 2020 and 23 closed out, a net change of -2 holders.
- The largest Eldorado Gold buyer in Q3 2020 was VanEck Associates, an estimated $20.9M added.
- The largest Eldorado Gold seller in Q3 2020 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $28.7M sold.
Based on aggregated 13F filings for Q3 2020.