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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$4.59M	Buy	+50,000	New	+$4.93M	0.02%	71
2019 Q3	–	Sell	-400,000	Closed	-$44.1M	–	187
2019 Q2	$44.1M	Buy	400,000 +140,000	+54%	+$3.08M	0.47%	39
2019 Q1	$27.6M	Sell	260,000 -30,000	-10%	-$660K	0.35%	35
2018 Q4	$25.3M	Hold	290,000	–	–	0.22%	38
2018 Q3	$30.9M	Buy	290,000 +120,000	+71%	+$2.4M	0.26%	30
2018 Q2	$17.5M	Sell	170,000 -310,000	-65%	-$6.94M	0.13%	55
2018 Q1	$50.1M	Buy	480,000 +280,000	+140%	+$6.32M	0.35%	42
2017 Q4	$19.6M	Hold	200,000	–	–	0.13%	49
2017 Q3	$18.7M	Buy	+200,000	New	+$4.62M	0.16%	49
2015 Q4	–	Sell	-1,999,400	Closed	-$99.7M	–	116
2015 Q3	$99.7M	Buy	+1,999,400	New	+$28.9M	0.88%	26