VanEck Gold Miners ETF
675 hedge funds and large institutions have $5.7B invested in VanEck Gold Miners ETF in 2021 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 185 increasing their positions, 249 reducing their positions, and 76 closing their positions.
0.06% less ownership
Funds ownership: 45.34% → 45.28% (-0.06%)
2% less funds holding
Funds holding: 691 → 675 (-16)
11% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 76
14% less capital invested
Capital invested by funds: $6.63B → $5.7B (-$933M)
17% less call options, than puts
Call options by funds: $2.81B | Put options by funds: $3.41B
24% less funds holding in top 10
Funds holding in top 10: 41 → 31 (-10)
26% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 249
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$246M |
| 2 |
SPC
Slate Path Capital
New York
|
+$193M |
| 3 |
Citigroup
New York
|
+$83.5M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$73.9M |
| 5 |
Barclays
London,
United Kingdom
|
+$57.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$129M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$118M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$100M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$88.9M |
| 5 |
JP Morgan Chase
New York
|
-$68.6M |
GDX Hedge Fund Activity: Q3 2021 in Review
675 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q3 2021, worth a combined $5.7B — down 14% from $6.63B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of GDX and 68 opened new positions — a net loss of 8 holders — while 249 trimmed existing stakes and 185 added.
The largest buyer was Bank of Montreal, adding an estimated $246M. The largest seller was Fidelity Investments, cutting an estimated $129M.
- 675 institutional investors held VanEck Gold Miners ETF (GDX) as of Q3 2021, down from 691 in Q2 2021.
- Funds reported $5.7B of VanEck Gold Miners ETF stock for Q3 2021, down 14% quarter-over-quarter.
- 68 funds opened new VanEck Gold Miners ETF positions in Q3 2021 and 76 closed out, a net change of -8 holders.
- The largest VanEck Gold Miners ETF buyer in Q3 2021 was Bank of Montreal, an estimated $246M added.
- The largest VanEck Gold Miners ETF seller in Q3 2021 was Fidelity Investments, an estimated $129M sold.
Based on aggregated 13F filings for Q3 2021.