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VanEck Gold Miners ETF

795 hedge funds and large institutions have $6.48B invested in VanEck Gold Miners ETF in 2024 Q2 according to their latest regulatory filings, with 110 funds opening new positions, 227 increasing their positions, 274 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 110 | Existing positions closed: 83

12% more funds holding in top 10

Funds holding in top 10: 3438 (+4)

2% more funds holding

Funds holding: 780795 (+15)

5% less call options, than puts

Call options by funds: $5.24B | Put options by funds: $5.5B

7.54% less ownership

Funds ownership: 53%45.46% (-7.5%)

8% less capital invested

Capital invested by funds: $7.08B → $6.48B (-$594M)

17% less repeat investments, than reductions

Existing positions increased: 227 | Existing positions reduced: 274

Holders
795
Holders Change
+15
Holders Change %
+1.92%
% of All Funds
11.48%
Holding in Top 10
38
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+11.76%
% of All Funds
0.55%
New
110
Increased
227
Reduced
274
Closed
83
Calls
$5.24B
Puts
$5.5B
Net Calls
-$256M
Net Calls Change
-$184M
Name Holding Trade Value Shares
Change
Change in
Stake
Schroder Investment Management Group
51
Schroder Investment Management Group
United Kingdom
$20.7M +$17.5M +510,036 +509%
CIBC World Market
52
CIBC World Market
Ontario, Canada
$20.2M +$1.46M +42,574 +8%
BIA
53
Barry Investment Advisors
Massachusetts
$18.8M -$215K -6,266 -1%
Millennium Management
54
Millennium Management
New York
$18.8M +$4.1M +119,674 +28%
CCA
55
Clearwater Capital Advisors
Illinois
$18.5M -$497K -14,489 -3%
TAM
56
Tocqueville Asset Management
New York
$17M -$99.7K -2,908 -0.6%
Truist Financial
57
Truist Financial
North Carolina
$16.9M -$213K -6,201 -1%
Baird Financial Group
58
Baird Financial Group
Wisconsin
$15.6M -$472K -13,762 -3%
HighTower Advisors
59
HighTower Advisors
Illinois
$15.3M +$1.81M +52,722 +13%
PWA
60
PCG Wealth Advisors
Kansas
$14.7M +$696K +20,316 +5%
Capstone Investment Advisors
61
Capstone Investment Advisors
New York
$14.6M +$14.5M +422,786 +5,318%
HSBC Holdings
62
HSBC Holdings
United Kingdom
$14.6M +$13.1M +381,791 +839%
KAS
63
Kestra Advisory Services
Texas
$14.1M +$1.62M +47,222 +13%
ACM
64
Avalon Capital Management
California
$14.1M +$4M +116,791 +39%
NC
65
Nokomis Capital
Texas
$13.5M -$1.64M -47,768 -11%
Balyasny Asset Management
66
Balyasny Asset Management
Illinois
$13.4M -$4.4M -128,335 -24%
Victory Capital Management
67
Victory Capital Management
Texas
$13M +$13.1M +382,450 New
NA
68
NewEdge Advisors
Louisiana
$12.5M +$6.9M +201,350 +120%
Janney Montgomery Scott
69
Janney Montgomery Scott
Pennsylvania
$11.9M -$1.79M -52,099 -13%
ECM
70
Evergreen Capital Management
Washington
$11.6M -$2.83M -82,480 -20%
Wellington Management Group
71
Wellington Management Group
Massachusetts
$11.5M -$13.5M -395,186 -54%
CC
72
Cultivar Capital
Texas
$11.4M -$483K -14,081 -4%
FIM
73
FWL Investment Management
Texas
$11.2M +$637K +18,585 +6%
QIM
74
Quantitative Investment Management
Virginia
$11.2M +$2.8M +81,646 +33%
PAG
75
Private Advisor Group
New Jersey
$10.8M +$5.04M +147,086 +86%

GDX Hedge Fund Activity: Q2 2024 in Review

795 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q2 2024, worth a combined $6.48B — down 8.4% from $7.08B a quarter earlier.

Buyers outnumbered sellers: 110 funds opened new GDX positions and 83 closed out — a net gain of 27 holders — while 227 added to existing stakes and 274 trimmed.

The largest buyer was NWI Management, opening a new position worth an estimated $161M. The largest seller was Jane Street, cutting an estimated $453M.

  • 795 institutional investors held VanEck Gold Miners ETF (GDX) as of Q2 2024, up from 780 in Q1 2024.
  • Funds reported $6.48B of VanEck Gold Miners ETF stock for Q2 2024, down 8.4% quarter-over-quarter.
  • 110 funds opened new VanEck Gold Miners ETF positions in Q2 2024 and 83 closed out, a net change of +27 holders.
  • The largest VanEck Gold Miners ETF buyer in Q2 2024 was NWI Management, an estimated $161M added.
  • The largest VanEck Gold Miners ETF seller in Q2 2024 was Jane Street, an estimated $453M sold.

Based on aggregated 13F filings for Q2 2024.