Argentiere Capital’s VanEck Gold Miners ETF GDX Stock Holding History

Argentiere Capital’s Portfolio GDX Stock Details GDX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-237,400	Closed	-$3.26M	–	57
2015 Q3	$3.26M	Buy	237,400 +150,000	+172%	+$2.17M	1.12%	9
2015 Q2	$1.55M	Sell	87,400 -90,000	-51%	-$1.75M	1.03%	20
2015 Q1	$3.24M	Sell	177,400 -22,600	-11%	-$461K	1.34%	17
2014 Q4	$3.68M	Buy	+200,000	New	+$3.86M	0.7%	7
2014 Q3	–	Sell	-200,000	Closed	-$5.29M	–	34
2014 Q2	$5.29M	Buy	200,000 +100,000	+100%	+$2.4M	2.41%	6
2014 Q1	$2.36M	Buy	+100,000	New	+$2.46M	2.16%	5

Other funds holding GDX

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

BNP Paribas Financial Markets Paris, France $206B AUM 31.61% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Hexavest Montreal, Quebec, Canada $1.64B AUM 28.34% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Greenlight Capital New York $2.05B AUM 78.75% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

HBK Investments Dallas, Texas $9.85B AUM 55.6% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Argentiere Capital's GDX Position: Q4 2015 in Review

Argentiere Capital sold out of VanEck Gold Miners ETF (GDX) in Q4 2015, closing a stake of 237,400 shares — an estimated $3.26M sold.

Argentiere Capital first reported a position in GDX in Q1 2014 and held it in 6 quarters. The position peaked at $5.29M in Q2 2014. 300 funds tracked by Wall St. Rank hold GDX as of Q4 2015.

Argentiere Capital reported no remaining VanEck Gold Miners ETF position as of Q4 2015 after selling out during the quarter.
Argentiere Capital sold 237,400 VanEck Gold Miners ETF shares in Q4 2015, an estimated $3.26M.
Argentiere Capital first reported a position in VanEck Gold Miners ETF in Q1 2014 and held it in 6 quarters.
Argentiere Capital's VanEck Gold Miners ETF position peaked at $5.29M in Q2 2014.
300 funds tracked by Wall St. Rank held VanEck Gold Miners ETF as of Q4 2015.

Based on Argentiere Capital's 13F filing for Q4 2015, filed 10 Feb 2016.