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

Marathon 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
2026 Q1	$1.67M	Sell	18,181 -680	-4%	-$67K	0.37%	55
2025 Q4	$1.62M	Sell	18,861 -1,285	-6%	-$102K	0.35%	56
2025 Q3	$1.54M	Sell	20,146 -1,425	-7%	-$85.8K	0.35%	55
2025 Q2	$1.12M	Buy	+21,571	New	+$1.07M	0.29%	64
2023 Q3	–	Sell	-92,695	Closed	-$2.79M	–	163
2023 Q2	$2.79M	Sell	92,695 -2,200	-2%	-$71.7K	0.69%	38
2023 Q1	$3.07M	Buy	+94,895	New	+$2.87M	0.76%	36

Other funds holding GDX

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

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

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

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

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

Rafferty Asset Management New York $24.6B AUM 47.06% 1-Year Est. Return

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Marathon Capital Management's GDX Position: Q1 2026 in Review

Marathon Capital Management reduced its VanEck Gold Miners ETF (GDX) stake by 3.6% in Q1 2026, selling an estimated $67K and leaving 18,181 shares worth $1.67M. The position accounts for 0.37% of the portfolio, ranked #55.

Marathon Capital Management first reported a position in GDX in Q1 2023 and has held it in 6 quarters since. The position peaked at $3.07M in Q1 2023. 1,175 funds tracked by Wall St. Rank hold GDX as of Q1 2026.

Marathon Capital Management held 18,181 shares of VanEck Gold Miners ETF worth $1.67M as of Q1 2026.
Marathon Capital Management sold 680 VanEck Gold Miners ETF shares in Q1 2026, an estimated $67K.
VanEck Gold Miners ETF made up 0.37% of Marathon Capital Management's portfolio in Q1 2026, its #55 holding.
Marathon Capital Management first reported a position in VanEck Gold Miners ETF in Q1 2023 and has held it in 6 quarters since.
Marathon Capital Management's VanEck Gold Miners ETF position peaked at $3.07M in Q1 2023.
1,175 funds tracked by Wall St. Rank held VanEck Gold Miners ETF as of Q1 2026.

Based on Marathon Capital Management's 13F filing for Q1 2026, filed 14 May 2026.