VanEck Gold Miners ETF
367 hedge funds and large institutions have $7.65B invested in VanEck Gold Miners ETF in 2016 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 108 increasing their positions, 129 reducing their positions, and 64 closing their positions.
18% more capital invested
Capital invested by funds: $6.46B → $7.65B (+$1.19B)
13% more funds holding in top 10
Funds holding in top 10: 31 → 35 (+4)
3.36% more ownership
Funds ownership: 65.76% → 69.12% (+3.4%)
3% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 64
1% less funds holding
Funds holding: 370 → 367 (-3)
2% less call options, than puts
Call options by funds: $1.73B | Put options by funds: $1.76B
16% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 129
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$853M |
| 2 |
Rafferty Asset Management
New York
|
+$764M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$708M |
| 4 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$265M |
| 5 |
VanEck Associates
New York
|
+$227M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$501M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$395M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$277M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$216M |
| 5 |
SPC
Slate Path Capital
New York
|
-$89M |
GDX Hedge Fund Activity: Q3 2016 in Review
367 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q3 2016, worth a combined $7.65B — up 18% from $6.46B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new GDX positions and 64 closed out — a net gain of 2 holders — while 108 added to existing stakes and 129 trimmed.
The largest buyer was Citigroup, adding an estimated $853M. The largest seller was Morgan Stanley, cutting an estimated $501M.
- 367 institutional investors held VanEck Gold Miners ETF (GDX) as of Q3 2016, down from 370 in Q2 2016.
- Funds reported $7.65B of VanEck Gold Miners ETF stock for Q3 2016, up 18% quarter-over-quarter.
- 66 funds opened new VanEck Gold Miners ETF positions in Q3 2016 and 64 closed out, a net change of +2 holders.
- The largest VanEck Gold Miners ETF buyer in Q3 2016 was Citigroup, an estimated $853M added.
- The largest VanEck Gold Miners ETF seller in Q3 2016 was Morgan Stanley, an estimated $501M sold.
Based on aggregated 13F filings for Q3 2016.