FWL Investment Management’s VanEck Gold Miners ETF GDX Stock Holding History

FWL Investment 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
2026 Q2	$12.3M	Sell	162,943 -24,613	-13%	-$2.17M	2.26%	15
2026 Q1	$17.2M	Sell	187,556 -62,833	-25%	-$6.19M	3.78%	8
2025 Q4	$21.5M	Sell	250,389 -13,214	-5%	-$1.04M	5.17%	2
2025 Q3	$20.1M	Buy	263,603 +10,358	+4%	+$624K	5.25%	1
2025 Q2	$13.2M	Sell	253,245 -30,961	-11%	-$1.54M	4.03%	6
2025 Q1	$13.1M	Sell	284,206 -52,056	-15%	-$2.1M	4.85%	2
2024 Q4	$11.4M	Buy	336,262 +12,300	+4%	+$472K	4.15%	4
2024 Q3	$12.9M	Sell	323,962 -7,172	-2%	-$272K	4.94%	2
2024 Q2	$11.2M	Buy	331,134 +18,585	+6%	+$637K	5.66%	1
2024 Q1	$9.88M	Buy	+312,549	New	+$8.88M	5.45%	3
2023 Q2	–	Sell	-5,000	Closed	-$162K	–	59
2023 Q1	$162K	Sell	5,000 -1,630	-25%	-$49.3K	0.12%	48
2022 Q4	$190K	Buy	+6,630	New	+$177K	0.14%	44
2021 Q1	–	Sell	-8,243	Closed	-$297K	–	49
2020 Q4	$297K	Buy	+8,243	New	+$308K	0.23%	44

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

FWL Investment Management's GDX Position: Q2 2026 in Review

FWL Investment Management reduced its VanEck Gold Miners ETF (GDX) stake by 13% in Q2 2026, selling an estimated $2.17M and leaving 162,943 shares worth $12.3M. The position accounts for 2.26% of the portfolio, ranked #15.

FWL Investment Management first reported a position in GDX in Q4 2020 and has held it in 13 quarters since. The position peaked at $21.5M in Q4 2025. 1,118 funds tracked by Wall St. Rank hold GDX as of Q2 2026.

FWL Investment Management held 162,943 shares of VanEck Gold Miners ETF worth $12.3M as of Q2 2026.
FWL Investment Management sold 24,613 VanEck Gold Miners ETF shares in Q2 2026, an estimated $2.17M.
VanEck Gold Miners ETF made up 2.26% of FWL Investment Management's portfolio in Q2 2026, its #15 holding.
FWL Investment Management first reported a position in VanEck Gold Miners ETF in Q4 2020 and has held it in 13 quarters since.
FWL Investment Management's VanEck Gold Miners ETF position peaked at $21.5M in Q4 2025.
1,118 funds tracked by Wall St. Rank held VanEck Gold Miners ETF as of Q2 2026.

Based on FWL Investment Management's 13F filing for Q2 2026, filed 14 Aug 2026.