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

Niemann 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
2019 Q4	–	Sell	-524,299	Closed	-$14M	–	65
2019 Q3	$14M	Buy	+524,299	New	+$14.7M	10.15%	5
2016 Q4	–	Sell	-385,647	Closed	-$10.2M	–	24
2016 Q3	$10.2M	Sell	385,647 -298,152	-44%	-$8.56M	6.69%	6
2016 Q2	$18.9M	Buy	683,799 +211,175	+45%	+$5.07M	14.27%	2
2016 Q1	$9.44M	Buy	+472,624	New	+$8.13M	8.74%	6

Other funds holding GDX

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

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

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

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 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

Bessemer Group Woodbridge, New Jersey $63.6B AUM 28.76% 1-Year Est. Return

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

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Niemann Capital Management's GDX Position: Q4 2019 in Review

Niemann Capital Management sold out of VanEck Gold Miners ETF (GDX) in Q4 2019, closing a stake of 524,299 shares — an estimated $14M sold.

Niemann Capital Management first reported a position in GDX in Q1 2016 and held it in 4 quarters. The position peaked at $18.9M in Q2 2016. 534 funds tracked by Wall St. Rank hold GDX as of Q4 2019.

Niemann Capital Management reported no remaining VanEck Gold Miners ETF position as of Q4 2019 after selling out during the quarter.
Niemann Capital Management sold 524,299 VanEck Gold Miners ETF shares in Q4 2019, an estimated $14M.
Niemann Capital Management first reported a position in VanEck Gold Miners ETF in Q1 2016 and held it in 4 quarters.
Niemann Capital Management's VanEck Gold Miners ETF position peaked at $18.9M in Q2 2016.
534 funds tracked by Wall St. Rank held VanEck Gold Miners ETF as of Q4 2019.

Based on Niemann Capital Management's 13F filing for Q4 2019, filed 7 Feb 2020.