Relative Value Partners’s VanEck Gold Miners ETF GDX Stock Holding History

Relative Value Partners’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
2014 Q4	–	Sell	-139,967	Closed	-$2.99M	–	128
2014 Q3	$2.99M	Sell	139,967 -1,588	-1%	-$40.6K	0.37%	36
2014 Q2	$3.74M	Sell	141,555 -779	-0.5%	-$18.7K	0.47%	34
2014 Q1	$3.36M	Sell	142,334 -903	-0.6%	-$22.2K	0.45%	34
2013 Q4	$3.03M	Sell	143,237 -13,480	-9%	-$311K	0.42%	37
2013 Q3	$3.92M	Sell	156,717 -1,335	-0.8%	-$35.5K	0.61%	33
2013 Q2	$3.87M	Buy	+158,052	New	+$4.62M	0.61%	31

Other funds holding GDX

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 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

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

UIM

USS Investment Management London, United Kingdom $25.6B AUM 30.22% 1-Year Est. Return

Greenlight Capital New York $2.05B AUM 78.75% 1-Year Est. Return

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

MAM

Marketfield Asset Management New York $127M AUM 30.51% 1-Year Est. Return

Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return

Relative Value Partners's GDX Position: Q4 2014 in Review

Relative Value Partners sold out of VanEck Gold Miners ETF (GDX) in Q4 2014, closing a stake of 139,967 shares — an estimated $2.99M sold.

Relative Value Partners first reported a position in GDX in Q2 2013 and held it in 6 quarters. The position peaked at $3.92M in Q3 2013. 313 funds tracked by Wall St. Rank hold GDX as of Q4 2014.

Relative Value Partners reported no remaining VanEck Gold Miners ETF position as of Q4 2014 after selling out during the quarter.
Relative Value Partners sold 139,967 VanEck Gold Miners ETF shares in Q4 2014, an estimated $2.99M.
Relative Value Partners first reported a position in VanEck Gold Miners ETF in Q2 2013 and held it in 6 quarters.
Relative Value Partners's VanEck Gold Miners ETF position peaked at $3.92M in Q3 2013.
313 funds tracked by Wall St. Rank held VanEck Gold Miners ETF as of Q4 2014.

Based on Relative Value Partners's 13F filing for Q4 2014, filed 12 Feb 2015.