Brevan Howard Capital Management’s VanEck Gold Miners ETF GDX Stock Holding History

Brevan Howard Capital Management’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
2025 Q4	–	Sell	-2,400,000	Closed	-$183M	–	1978
2025 Q3	$183M	Buy	+2,400,000	New	+$145M	0.82%	21
2025 Q1	–	Sell	-5,760,000	Closed	-$195M	–	1267
2024 Q4	$195M	Buy	+5,760,000	New	+$221M	1.26%	10
2023 Q4	–	Sell	-1,500,000	Closed	-$40.4M	–	1041
2023 Q3	$40.4M	Buy	+1,500,000	New	+$44.2M	0.52%	14
2023 Q2	–	Sell	-454,500	Closed	-$14.7M	–	199
2023 Q1	$14.7M	Buy	+454,500	New	+$13.7M	0.39%	25
2022 Q3	–	Sell	-1,946,200	Closed	-$53.3M	–	83
2022 Q2	$53.3M	Hold	1,946,200	–	–	2.19%	10
2022 Q1	$74.6M	Buy	+1,946,200	New	+$66.1M	3.98%	6
2021 Q2	–	Sell	-4,100	Closed	-$13.3M	–	49
2021 Q1	$13.3M	Sell	4,100 -1,415,900	-100%	-$48.2M	1.96%	18
2020 Q4	$51.1M	Buy	+1,420,000	New	+$53M	10.26%	3

Other funds holding GDX

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Rafferty Asset Management New York $43.9B AUM 121.74% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Citigroup New York $303B AUM 53.02% 1-Year Est. Return

BSL

Blue Sparrow LLC Dover, Delaware $10.3B AUM

D.E. Shaw & Co New York $210B AUM 57.28% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Brevan Howard Capital Management's GDX Position: Q2 2026 in Review

Brevan Howard Capital Management sold out of VanEck Gold Miners ETF (GDX) in Q2 2026, closing a stake of 496,884 shares — an estimated $45.6M sold.

Brevan Howard Capital Management first reported a position in GDX in Q3 2016 and held it in 15 quarters. The position peaked at $45.6M in Q1 2026. 1,119 funds tracked by Wall St. Rank hold GDX as of Q2 2026.

Brevan Howard Capital Management reported no remaining VanEck Gold Miners ETF position as of Q2 2026 after selling out during the quarter.
Brevan Howard Capital Management sold 496,884 VanEck Gold Miners ETF shares in Q2 2026, an estimated $45.6M.
Brevan Howard Capital Management first reported a position in VanEck Gold Miners ETF in Q3 2016 and held it in 15 quarters.
Brevan Howard Capital Management's VanEck Gold Miners ETF position peaked at $45.6M in Q1 2026.
1,119 funds tracked by Wall St. Rank held VanEck Gold Miners ETF as of Q2 2026.

Based on Brevan Howard Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.