VanEck Gold Miners ETF
321 hedge funds and large institutions have $3.7B invested in VanEck Gold Miners ETF in 2015 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 75 increasing their positions, 118 reducing their positions, and 33 closing their positions.
51% more call options, than puts
Call options by funds: $995M | Put options by funds: $659M
48% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 33
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
4% more funds holding
Funds holding: 310 → 321 (+11)
0.43% more ownership
Funds ownership: 62.26% → 62.69% (+0.43%)
9% less capital invested
Capital invested by funds: $4.04B → $3.7B (-$345M)
36% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 118
Top Buyers
| 1 |
CWM
CIBC World Markets
New York
|
+$282M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
+$77.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$67.9M |
| 4 |
Rafferty Asset Management
New York
|
+$57.3M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$54.8M |
Top Sellers
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$208M |
| 2 |
Citigroup
New York
|
-$159M |
| 3 |
JP
Jana Partners
New York
|
-$124M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$67M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$56.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
AllianceBernstein
Nashville,
Tennessee
| – | -$5K | -300 | Closed |
|
|
W
352
Wealthfront
Palo Alto,
California
| – | -$1K | -50 | Closed |
|
|
IC
353
Intersect Capital
San Ramon,
California
| – | -$1K | -6 | Closed |
|
GDX Hedge Fund Activity: Q2 2015 in Review
321 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q2 2015, worth a combined $3.7B — down 8.5% from $4.04B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new GDX positions and 33 closed out — a net gain of 16 holders — while 75 added to existing stakes and 118 trimmed.
The largest buyer was CIBC World Markets, opening a new position worth an estimated $282M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $208M.
- 321 institutional investors held VanEck Gold Miners ETF (GDX) as of Q2 2015, up from 310 in Q1 2015.
- Funds reported $3.7B of VanEck Gold Miners ETF stock for Q2 2015, down 8.5% quarter-over-quarter.
- 49 funds opened new VanEck Gold Miners ETF positions in Q2 2015 and 33 closed out, a net change of +16 holders.
- The largest VanEck Gold Miners ETF buyer in Q2 2015 was CIBC World Markets, an estimated $282M added.
- The largest VanEck Gold Miners ETF seller in Q2 2015 was BNP Paribas Financial Markets, an estimated $208M sold.
Based on aggregated 13F filings for Q2 2015.