VanEck Gold Miners ETF
313 hedge funds and large institutions have $3.85B invested in VanEck Gold Miners ETF in 2014 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 96 increasing their positions, 102 reducing their positions, and 65 closing their positions.
11% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 65
11% more call options, than puts
Call options by funds: $875M | Put options by funds: $790M
0.56% more ownership
Funds ownership: 68.51% → 69.06% (+0.56%)
0% more funds holding
Funds holding: 312 → 313 (+1)
6% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 102
14% less capital invested
Capital invested by funds: $4.49B → $3.85B (-$642M)
35% less funds holding in top 10
Funds holding in top 10: 17 → 11 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$197M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$155M |
| 3 |
GC
Greenlight Capital
New York
|
+$42.5M |
| 4 |
SH
SeaTown Holdings
Singapore
|
+$38M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$37.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
-$157M |
| 2 |
Jane Street
New York
|
-$116M |
| 3 |
Rafferty Asset Management
New York
|
-$109M |
| 4 |
VanEck Associates
New York
|
-$83.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$81.8M |
GDX Hedge Fund Activity: Q4 2014 in Review
313 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q4 2014, worth a combined $3.85B — down 14% from $4.49B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new GDX positions and 65 closed out — a net gain of 7 holders — while 96 added to existing stakes and 102 trimmed.
The largest buyer was Citigroup, adding an estimated $197M. The largest seller was Marketfield Asset Management, cutting an estimated $157M.
- 313 institutional investors held VanEck Gold Miners ETF (GDX) as of Q4 2014, up from 312 in Q3 2014.
- Funds reported $3.85B of VanEck Gold Miners ETF stock for Q4 2014, down 14% quarter-over-quarter.
- 72 funds opened new VanEck Gold Miners ETF positions in Q4 2014 and 65 closed out, a net change of +7 holders.
- The largest VanEck Gold Miners ETF buyer in Q4 2014 was Citigroup, an estimated $197M added.
- The largest VanEck Gold Miners ETF seller in Q4 2014 was Marketfield Asset Management, an estimated $157M sold.
Based on aggregated 13F filings for Q4 2014.