We are live on ! Find out more
GDX icon

VanEck Gold Miners ETF
GDX

732 hedge funds and large institutions have $5.74B invested in VanEck Gold Miners ETF in 2023 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 204 increasing their positions, 254 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more call options, than puts

Call options by funds: $5.14B | Put options by funds: $3.96B

12% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 76

1% more funds holding

Funds holding: 726 → 732 (+6)

3.87% less ownership

Funds ownership: 48.83% → 44.95% (-3.9%)

12% less funds holding in top 10

Funds holding in top 10: 42 → 37 (-5)

14% less capital invested

Capital invested by funds: $6.69B → $5.74B (-$949M)

20% less repeat investments, than reductions

Existing positions increased: 204 | Existing positions reduced: 254

Holders
732
Holders Change
+6
Holders Change %
+0.83%
% of All Funds
11.49%
Holding in Top 10
37
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-11.9%
% of All Funds
0.58%
New
85
Increased
204
Reduced
254
Closed
76
Calls
$5.14B
Puts
$3.96B
Net Calls
+$1.19B
Net Calls Change
-$662M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$192M
2
AG
Arctis Global
Puerto Rico
+$92.1M
3
SGDR
SPX Gestao de Recursos
Brazil
+$58M
4
QIM
Quantitative Investment Management
Virginia
+$33.7M
5
Wellington Management Group
Wellington Management Group
Massachusetts
+$33.2M

Top Sellers

Rank Fund Capital Flow
1
Fidelity Investments
Fidelity Investments
Massachusetts
-$181M
2
JP Morgan Chase
JP Morgan Chase
New York
-$135M
3
Parallax Volatility Advisers
Parallax Volatility Advisers
California
-$126M
4
Citigroup
Citigroup
New York
-$99.8M
5
National Bank of Canada
National Bank of Canada
Quebec, Canada
-$85.8M
Name Holding Trade Value Shares
Change 		Change in
Stake
ICM
701
Islay Capital Management
Texas
$3.01K – – –
MAWCM
702
Mine & Arao Wealth Creation & Management
California
$3.01K – – –
MIM
703
Macroview Investment Management
Maryland
$2.89K – – –
GI
704
Gradient Investments
Minnesota
$2.83K -$5.87K -180 -66%
CWC
705
Carolinas Wealth Consulting
North Carolina
$2.66K – – –
GIS
706
Grayhawk Investment Strategies
Alberta, Canada
$2.56K -$326 -10 -11%
BBPWM
707
Blue Bell Private Wealth Management
Pennsylvania
$2.29K – – –
TIM
708
Tortoise Investment Management
New York
$2.26K – – –
WAS
709
Winch Advisory Services
Wisconsin
$2K – – –
TFA
710
Toth Financial Advisory
Virginia
$1.96K – – –
BC
711
Barrett & Company
Rhode Island
$1.81K -$4.4K -135 -69%
NC
712
NewSquare Capital
Pennsylvania
$1.81K – – –
TF
713
TimeScale Financial
Massachusetts
$1.81K +$358 +11 +22%
LWANC
714
Laurel Wealth Advisors (North Carolina)
North Carolina
$1.75K – – –
TAM
715
Tucker Asset Management
Colorado
$1.51K – – –
AWM
716
Avondale Wealth Management
Texas
$1.2K – – –
PGAM
717
Princeton Global Asset Management
New Jersey
$1.05K – – –
CA
718
Crewe Advisors
Utah
$1.02K – – –
CSB
719
City State Bank
Iowa
$1K +$1.37K +42 New
BFA
720
BBJS Financial Advisors
Washington
$904 – – –
MCM
721
MV Capital Management
Maryland
$753 – – –
AssetMark Inc
722
AssetMark Inc
California
$693 +$749 +23 New
HS
723
Horan Securities
United States
$602 – – –
GEA
724
Glen Eagle Advisors
New Jersey
$542 – – –
HI
725
Horizon Investments
North Carolina
$482 – – –
27 28
29
30 31

GDX Hedge Fund Activity: Q2 2023 in Review

732 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q2 2023, worth a combined $5.74B — down 14% from $6.69B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new GDX positions and 76 closed out — a net gain of 9 holders — while 204 added to existing stakes and 254 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $192M. The largest seller was Fidelity Investments, cutting an estimated $181M.

  • 732 institutional investors held VanEck Gold Miners ETF (GDX) as of Q2 2023, up from 726 in Q1 2023.
  • Funds reported $5.74B of VanEck Gold Miners ETF stock for Q2 2023, down 14% quarter-over-quarter.
  • 85 funds opened new VanEck Gold Miners ETF positions in Q2 2023 and 76 closed out, a net change of +9 holders.
  • The largest VanEck Gold Miners ETF buyer in Q2 2023 was Susquehanna International Group, an estimated $192M added.
  • The largest VanEck Gold Miners ETF seller in Q2 2023 was Fidelity Investments, an estimated $181M sold.

Based on aggregated 13F filings for Q2 2023.