Piedmont Capital Management (Montana)’s VanEck Gold Miners ETF GDX Stock Holding History

Piedmont Capital Management (Montana)’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	$1.19M	Sell	15,624 -132,372	-89%	-$11.7M	0.6%	25
2026 Q1	$13.9M	Sell	147,996 -5,825	-4%	-$574K	7.09%	6
2025 Q4	$13.2M	Sell	153,821 -2,789	-2%	-$220K	6.73%	7
2025 Q3	$12.1M	Sell	156,610 -2,725	-2%	-$164K	6.39%	7
2025 Q2	$8.29M	Sell	159,335 -1,329	-0.8%	-$66K	4.8%	9
2025 Q1	$6.67M	Buy	+160,664	New	+$6.5M	4.79%	6

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

Piedmont Capital Management (Montana)'s GDX Position: Q2 2026 in Review

Piedmont Capital Management (Montana) reduced its VanEck Gold Miners ETF (GDX) stake by 89% in Q2 2026, selling an estimated $11.7M and leaving 15,624 shares worth $1.19M. The position accounts for 0.6% of the portfolio, ranked #25.

Piedmont Capital Management (Montana) first reported a position in GDX in Q1 2025 and has held it in 6 quarters since. The position peaked at $13.9M in Q1 2026. 1,112 funds tracked by Wall St. Rank hold GDX as of Q2 2026.

Piedmont Capital Management (Montana) held 15,624 shares of VanEck Gold Miners ETF worth $1.19M as of Q2 2026.
Piedmont Capital Management (Montana) sold 132,372 VanEck Gold Miners ETF shares in Q2 2026, an estimated $11.7M.
VanEck Gold Miners ETF made up 0.6% of Piedmont Capital Management (Montana)'s portfolio in Q2 2026, its #25 holding.
Piedmont Capital Management (Montana) first reported a position in VanEck Gold Miners ETF in Q1 2025 and has held it in 6 quarters since.
Piedmont Capital Management (Montana)'s VanEck Gold Miners ETF position peaked at $13.9M in Q1 2026.
1,112 funds tracked by Wall St. Rank held VanEck Gold Miners ETF as of Q2 2026.

Based on Piedmont Capital Management (Montana)'s 13F filing for Q2 2026, filed 13 Aug 2026.