VanEck Gold Miners ETF
446 hedge funds and large institutions have $6.94B invested in VanEck Gold Miners ETF in 2019 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 140 increasing their positions, 144 reducing their positions, and 67 closing their positions.
43% more funds holding in top 10
Funds holding in top 10: 23 → 33 (+10)
26% more call options, than puts
Call options by funds: $2.86B | Put options by funds: $2.27B
14% more capital invested
Capital invested by funds: $6.11B → $6.94B (+$827M)
3% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 67
0% less funds holding
Funds holding: 448 → 446 (-2)
3% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 144
6.46% less ownership
Funds ownership: 76.9% → 70.44% (-6.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$372M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$224M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$193M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$159M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$122M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$765M |
| 2 |
Citigroup
New York
|
-$194M |
| 3 |
Rafferty Asset Management
New York
|
-$187M |
| 4 |
EIM
Elephas Investment Management
Hong Kong
|
-$153M |
| 5 |
SPC
Slate Path Capital
New York
|
-$84.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
501
Vigilant Capital Management
Portland,
Maine
| – | -$31K | -1,364 | Closed |
|
|
WCM
502
WealthBridge Capital Management
Westerville,
Ohio
| – | -$27K | -1,332 | Closed |
|
|
SHIM
503
Stone House Investment Management
Tunkhannock,
Pennsylvania
| – | -$23K | -1,038 | Closed |
|
|
NSIM
504
North Star Investment Management
Chicago,
Illinois
| – | -$22K | -1,000 | Closed |
|
|
SPL
505
Smart Portfolios LLC
Seattle,
Washington
| – | -$22K | -996 | Closed |
|
506
Franklin Resources
San Mateo,
California
| – | -$21K | -930 | Closed |
|
|
ADL
507
Asset Dedication LLC
San Francisco,
California
| – | -$20K | -900 | Closed |
|
|
PMFA
508
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$20K | -900 | Closed |
|
|
KL
509
KWMG LLC
Overland Park,
Kansas
| – | -$12K | -515 | Closed |
|
|
AIC
510
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$4K | -198 | Closed |
|
|
MPWT
511
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$3.36K | -150 | Closed |
|
|
DBT
512
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$2K | -100 | Closed |
|
GDX Hedge Fund Activity: Q2 2019 in Review
446 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q2 2019, worth a combined $6.94B — up 14% from $6.11B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new GDX positions and 67 closed out — a net gain of 2 holders — while 140 added to existing stakes and 144 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $372M. The largest seller was Deutsche Bank, exiting entirely with an estimated $765M sold.
- 446 institutional investors held VanEck Gold Miners ETF (GDX) as of Q2 2019, down from 448 in Q1 2019.
- Funds reported $6.94B of VanEck Gold Miners ETF stock for Q2 2019, up 14% quarter-over-quarter.
- 69 funds opened new VanEck Gold Miners ETF positions in Q2 2019 and 67 closed out, a net change of +2 holders.
- The largest VanEck Gold Miners ETF buyer in Q2 2019 was Toronto Dominion Bank, an estimated $372M added.
- The largest VanEck Gold Miners ETF seller in Q2 2019 was Deutsche Bank, an estimated $765M sold.
Based on aggregated 13F filings for Q2 2019.