Equinox Gold
255 hedge funds and large institutions have $2.18B invested in Equinox Gold in 2025 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 115 increasing their positions, 51 reducing their positions, and 33 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 51
94% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 33
23% more capital invested
Capital invested by funds: $1.77B → $2.18B (+$408M)
12% more funds holding
Funds holding: 227 → 255 (+28)
6.73% less ownership
Funds ownership: 56.52% → 49.79% (-6.7%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
53% less call options, than puts
Call options by funds: $11.5M | Put options by funds: $24.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$101M |
| 2 |
LC
L1 Capital
Melbourne VIC 3000,
Australia
|
+$84.8M |
| 3 |
Goldman Sachs
New York
|
+$78.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$76.6M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$67.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ORP
Orion Resource Partners
New York
|
-$135M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$27.2M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
-$19.2M |
| 4 |
CRAM
Compass Rose Asset Management
New York
|
-$10.3M |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$9.97M |
EQX Hedge Fund Activity: Q2 2025 in Review
255 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Equinox Gold (EQX) for Q2 2025, worth a combined $2.18B — up 23% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new EQX positions and 33 closed out — a net gain of 31 holders — while 115 added to existing stakes and 51 trimmed.
The largest buyer was VanEck Associates, adding an estimated $101M. The largest seller was Orion Resource Partners, cutting an estimated $135M.
- 255 institutional investors held Equinox Gold (EQX) as of Q2 2025, up from 227 in Q1 2025.
- Funds reported $2.18B of Equinox Gold stock for Q2 2025, up 23% quarter-over-quarter.
- 64 funds opened new Equinox Gold positions in Q2 2025 and 33 closed out, a net change of +31 holders.
- The largest Equinox Gold buyer in Q2 2025 was VanEck Associates, an estimated $101M added.
- The largest Equinox Gold seller in Q2 2025 was Orion Resource Partners, an estimated $135M sold.
Based on aggregated 13F filings for Q2 2025.