VanEck Gold Miners ETF
300 hedge funds and large institutions have $2.44B invested in VanEck Gold Miners ETF in 2015 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 71 increasing their positions, 119 reducing their positions, and 60 closing their positions.
34% more call options, than puts
Call options by funds: $849M | Put options by funds: $635M
2% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 60
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
1% less funds holding
Funds holding: 302 → 300 (-2)
4.53% less ownership
Funds ownership: 60.75% → 56.21% (-4.5%)
11% less capital invested
Capital invested by funds: $2.73B → $2.44B (-$290M)
40% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 119
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$302M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$235M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$106M |
| 4 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$66M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$207M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$167M |
| 3 |
SG Americas Securities
New York
|
-$147M |
| 4 |
UIM
USS Investment Management
London,
United Kingdom
|
-$137M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$114M |
GDX Hedge Fund Activity: Q4 2015 in Review
300 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q4 2015, worth a combined $2.44B — down 11% from $2.73B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new GDX positions and 60 closed out — a net gain of 1 holder — while 71 added to existing stakes and 119 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $302M. The largest seller was Citigroup, cutting an estimated $207M.
- 300 institutional investors held VanEck Gold Miners ETF (GDX) as of Q4 2015, down from 302 in Q3 2015.
- Funds reported $2.44B of VanEck Gold Miners ETF stock for Q4 2015, down 11% quarter-over-quarter.
- 61 funds opened new VanEck Gold Miners ETF positions in Q4 2015 and 60 closed out, a net change of +1 holder.
- The largest VanEck Gold Miners ETF buyer in Q4 2015 was BNP Paribas Financial Markets, an estimated $302M added.
- The largest VanEck Gold Miners ETF seller in Q4 2015 was Citigroup, an estimated $207M sold.
Based on aggregated 13F filings for Q4 2015.