Eldorado Gold
130 hedge funds and large institutions have $1.27B invested in Eldorado Gold in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 49 increasing their positions, 34 reducing their positions, and 20 closing their positions.
165% more call options, than puts
Call options by funds: $18.3M | Put options by funds: $6.89M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
44% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 34
33% more capital invested
Capital invested by funds: $960M → $1.27B (+$312M)
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
4.53% more ownership
Funds ownership: 61.91% → 66.44% (+4.5%)
1% less funds holding
Funds holding: 131 → 130 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$25.3M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$21.7M |
| 3 |
HI
Helikon Investments
London,
United Kingdom
|
+$19.6M |
| 4 |
Citigroup
New York
|
+$14.8M |
| 5 |
VanEck Associates
New York
|
+$6.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carrhae Capital
London,
United Kingdom
|
-$15.2M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$13.3M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$9.63M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$7.22M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$3.74M |
EGO Hedge Fund Activity: Q1 2023 in Review
130 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Eldorado Gold (EGO) for Q1 2023, worth a combined $1.27B — up 33% from $960M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new EGO positions and 20 closed out — a net gain of 2 holders — while 49 added to existing stakes and 34 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $25.3M. The largest seller was Carrhae Capital, cutting an estimated $15.2M.
- 130 institutional investors held Eldorado Gold (EGO) as of Q1 2023, down from 131 in Q4 2022.
- Funds reported $1.27B of Eldorado Gold stock for Q1 2023, up 33% quarter-over-quarter.
- 22 funds opened new Eldorado Gold positions in Q1 2023 and 20 closed out, a net change of +2 holders.
- The largest Eldorado Gold buyer in Q1 2023 was Arrowstreet Capital, an estimated $25.3M added.
- The largest Eldorado Gold seller in Q1 2023 was Carrhae Capital, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2023.