VanEck Gold Miners ETF
391 hedge funds and large institutions have $5.56B invested in VanEck Gold Miners ETF in 2018 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 126 increasing their positions, 111 reducing their positions, and 55 closing their positions.
18.4% more ownership
Funds ownership: 65.91% → 84.3% (+18%)
14% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 111
7% more capital invested
Capital invested by funds: $5.22B → $5.56B (+$342M)
4% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 55
0% more funds holding
Funds holding: 391 → 391 (0)
24% less funds holding in top 10
Funds holding in top 10: 17 → 13 (-4)
26% less call options, than puts
Call options by funds: $1.46B | Put options by funds: $1.98B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$463M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$220M |
| 3 |
Morgan Stanley
New York
|
+$215M |
| 4 |
Rafferty Asset Management
New York
|
+$94.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$91.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$185M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$162M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$74.1M |
| 4 |
N
Natixis
Paris,
France
|
-$63.9M |
| 5 |
Citigroup
New York
|
-$40.1M |
GDX Hedge Fund Activity: Q3 2018 in Review
391 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q3 2018, worth a combined $5.56B — up 6.5% from $5.22B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new GDX positions and 55 closed out — a net gain of 2 holders — while 126 added to existing stakes and 111 trimmed.
The largest buyer was Canada Pension Plan Investment Board, opening a new position worth an estimated $463M. The largest seller was JP Morgan Chase, cutting an estimated $185M.
- 391 institutional investors held VanEck Gold Miners ETF (GDX) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $5.56B of VanEck Gold Miners ETF stock for Q3 2018, up 6.5% quarter-over-quarter.
- 57 funds opened new VanEck Gold Miners ETF positions in Q3 2018 and 55 closed out, a net change of +2 holders.
- The largest VanEck Gold Miners ETF buyer in Q3 2018 was Canada Pension Plan Investment Board, an estimated $463M added.
- The largest VanEck Gold Miners ETF seller in Q3 2018 was JP Morgan Chase, an estimated $185M sold.
Based on aggregated 13F filings for Q3 2018.