We are live on ! Find out more
GDX icon

VanEck Gold Miners ETF
GDX

726 hedge funds and large institutions have $6.69B invested in VanEck Gold Miners ETF in 2023 Q1 according to their latest regulatory filings, with 119 funds opening new positions, 233 increasing their positions, 224 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more call options, than puts

Call options by funds: $6.26B | Put options by funds: $4.41B

42% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 84

3% more funds holding

Funds holding: 704 → 726 (+22)

4% more repeat investments, than reductions

Existing positions increased: 233 | Existing positions reduced: 224

1% more capital invested

Capital invested by funds: $6.63B → $6.69B (+$62.2M)

0.07% less ownership

Funds ownership: 48.89% → 48.83% (-0.07%)

5% less funds holding in top 10

Funds holding in top 10: 44 → 42 (-2)

Holders
726
Holders Change
+22
Holders Change %
+3.13%
% of All Funds
11.57%
Holding in Top 10
42
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-4.55%
% of All Funds
0.67%
New
119
Increased
233
Reduced
224
Closed
84
Calls
$6.26B
Puts
$4.41B
Net Calls
+$1.85B
Net Calls Change
+$460M

Top Buyers

Rank Fund Capital Flow
1
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$171M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$168M
3
JP Morgan Chase
JP Morgan Chase
New York
+$113M
4
Parallax Volatility Advisers
Parallax Volatility Advisers
California
+$97.1M
5
National Bank of Canada
National Bank of Canada
Quebec, Canada
+$87.8M

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$215M
2
SGDR
SPX Gestao de Recursos
Brazil
-$115M
3
Citadel Advisors
Citadel Advisors
Florida
-$107M
4
MCM
Moore Capital Management
New York
-$76.9M
5
SPC
Slate Path Capital
New York
-$60.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
MIM
701
Macroview Investment Management
Maryland
$3.11K – – –
CWC
702
Carolinas Wealth Consulting
North Carolina
$2.86K -$44.5K -1,472 -94%
FWP
703
FAS Wealth Partners
Kansas
$2.47K – – –
BBPWM
704
Blue Bell Private Wealth Management
Pennsylvania
$2.46K – – –
TIM
705
Tortoise Investment Management
New York
$2.43K – – –
FGAM
706
Financial Gravity Asset Management
Texas
$2.19K +$91 +3 +10%
TFA
707
Toth Financial Advisory
Virginia
$2.1K – – –
WAS
708
Winch Advisory Services
Wisconsin
$2K – – –
NC
709
NewSquare Capital
Pennsylvania
$1.94K – – –
LWANC
710
Laurel Wealth Advisors (North Carolina)
North Carolina
$1.88K – – –
TAM
711
Tucker Asset Management
Colorado
$1.62K +$1.51K +50 New
TF
712
TimeScale Financial
Massachusetts
$1.58K – – –
AWM
713
Avondale Wealth Management
Texas
$1.29K – – –
EWM
714
Evermay Wealth Management
Virginia
$1.15K +$938 +31 +620%
PGAM
715
Princeton Global Asset Management
New Jersey
$1.13K – – –
EI
716
Ellevest Inc
New York
$1.13K +$1.06K +35 New
CA
717
Crewe Advisors
Utah
$1.1K – – –
BFA
718
BBJS Financial Advisors
Washington
$971 – – –
MCM
719
MV Capital Management
Maryland
$809 – – –
BFPW
720
BOK Financial Private Wealth
Colorado
$809 +$756 +25 New
HS
721
Horan Securities
United States
$647 +$605 +20 New
GEA
722
Glen Eagle Advisors
New Jersey
$582 – – –
HI
723
Horizon Investments
North Carolina
$518 +$484 +16 New
BWM
724
BerganKDV Wealth Management
Minnesota
$421 – – –
KFI
725
Key Financial Inc
Pennsylvania
$356 – – –
27 28
29
30 31

GDX Hedge Fund Activity: Q1 2023 in Review

726 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q1 2023, worth a combined $6.69B — up 0.94% from $6.63B a quarter earlier.

Buyers outnumbered sellers: 119 funds opened new GDX positions and 84 closed out — a net gain of 35 holders — while 233 added to existing stakes and 224 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $171M. The largest seller was Susquehanna International Group, cutting an estimated $215M.

  • 726 institutional investors held VanEck Gold Miners ETF (GDX) as of Q1 2023, up from 704 in Q4 2022.
  • Funds reported $6.69B of VanEck Gold Miners ETF stock for Q1 2023, up 0.94% quarter-over-quarter.
  • 119 funds opened new VanEck Gold Miners ETF positions in Q1 2023 and 84 closed out, a net change of +35 holders.
  • The largest VanEck Gold Miners ETF buyer in Q1 2023 was Bank of Montreal, an estimated $171M added.
  • The largest VanEck Gold Miners ETF seller in Q1 2023 was Susquehanna International Group, an estimated $215M sold.

Based on aggregated 13F filings for Q1 2023.