Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Eldorado Gold Corp New (EGO)

237 + Investors. Track Smart Money conviction in EGO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +19
Streak
4Q ▲
Buyers last Q
52%

Smart Money Signals — EGO

Based on 237 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added EGO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
237 hedge funds hold EGO right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +35% more funds vs a year ago

fund count last 6Q
+61 new funds entered over the past year (+35% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 52% buying

130 buying118 selling
Last quarter: 130 funds bought or added vs 118 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+10 vs last Q)

new funds entering per quarter
Funds opening a new EGO position: 43 → 41 → 44 → 54. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 28% medium ■ 28% new
104 out of 237 hedge funds have held EGO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

26 → 43 → 41 → 44 → 54 new funds/Q
New funds entering each quarter: 43 → 41 → 44 → 54. A growing number of institutions are discovering EGO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 57% veterans vs 28% newcomers

■ 57% veterans ■ 16% 1-2yr ■ 28% new
Entry-cohort mix of 260 holders: 147 (57%) are 2+ year veterans, 41 entered 1–2 years ago, and 72 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
47 of 233 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — EGO

In 2026 Q1, 130 hedge funds were net buyers of EGO (54 opened a new position, 76 added to an existing one), while 118 reduced or exited (83 trimmed, 35 sold completely) — a 52% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 38% of total institutional value in EGO is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +19 funds (more new holders than closures). Total institutional holders: 237.

Hedge Fund Ownership: EGO

How many hedge funds hold EGO — quarterly history vs. share price
Quarterly hedge fund ownership of EGO vs. share price

Market Analysis: EGO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: EGO

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Eldorado Gold Corp New (EGO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much EGO has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
EGO
-3.7%
SPY
+13.9%

EGO outperformed SPY by -17.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
EGO
+4.6%
SPY
+0.2%

Since the filing became public, EGO outperformed SPY by +4.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 5 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
5.3
/ 10
conviction
Hedge Fund Positioning: EGO
237 + Investors

Track Smart Money conviction in EGO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 237 218 8.72%
13F Shares 145M 141M 3.42%
Total Value $4.51B $5.05B -10.72%
New Positions 54 44 +10
Increased Positions 73 78 -5
Closed Positions 35 27 +8
Reduced Positions 76 77 -1
Total Calls 14 14 -
Total Puts 13 11 18.18%
PUT/CALL Ratio 0.93 0.79 Neutral

Statistics: EGO

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

237 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in EGO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 EGO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 L1 Capital Pty Ltd 14.07% 10,440,333 $358.4M
2 TT International Asset Management LTD 7.40% 1,973,817 $67.8M
3 Cape Ann Asset Management Ltd 5.91% 758,654 $26.0M
4 Carrhae Capital LLP 5.04% 4,897,751 $168.1M
5 Donald Smith & CO., INC. 4.49% 7,275,268 $249.8M
6 Global IMC LLC 4.07% 56,128 $1.9M
7 Aegis Financial Corp 2.29% 387,779 $13.3M
8 Invenomic Capital Management LP 2.26% 1,433,874 $49.2M
9 Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. 2.04% 33,500 $1.1M
10 Sprott INC. 1.51% 1,511,620 $51.9M
11 Ruffer LLP 1.27% 899,358 $31.0M
12 Heartland Advisors Inc 1.23% 702,750 $24.1M
13 CIBRA Capital Ltd 1.21% 73,312 $2.5M
14 Gemsstock Ltd. 1.14% 315,138 $10.8M
15 ANTIPODES PARTNERS Ltd 0.70% 1,052,142 $36.1M
16 Persistent Asset Partners Ltd 0.67% 52,246 $1.8M
17 Leuthold Group, LLC 0.64% 174,224 $6.0M
18 Intact Investment Management INC. 0.53% 543,140 $18.6M
19 Spark Investment Management LLC 0.50% 6,000 $206K
20 Covalis Capital LLP 0.49% 230,575 $7.9M
21 Wexford Capital LP 0.36% 72,367 $2.5M
22 Cvfg LLC 0.27% 63,010 $2.2M
23 Navellier & Associates Inc 0.27% 74,078 $2.5M
24 Gabelli Funds LLC 0.26% 1,112,600 $38.2M
25 Informed Momentum Co LLC 0.26% 65,140 $2.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Eldorado Gold Corp New (EGO)

What does the Smart Money Trend signal show for EGO?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added EGO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for EGO?

Slight buying edge — 52% buying: Last quarter: 130 funds bought or added vs 118 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for EGO holders?

Strong quality — 38% AUM from major funds: 47 of 233 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held EGO?

44% of holders stayed for 2+ years: 104 out of 237 hedge funds have held EGO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Eldorado Gold Corp New (EGO) following the 2026 Q1 hedge fund 13F filings?

As of today, EGO has moved +4.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +4.4%. Since the quarter end (March 31, 2026), EGO has gained -3.7% vs +13.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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