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VanEck Gold Miners ETF
GDX

780 hedge funds and large institutions have $7.08B invested in VanEck Gold Miners ETF in 2024 Q1 according to their latest regulatory filings, with 105 funds opening new positions, 233 increasing their positions, 269 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 105 | Existing positions closed: 92

0% more funds holding

Funds holding: 779 → 780 (+1)

0% more funds holding in top 10

Funds holding in top 10: 34 → 34 (0)

1% less capital invested

Capital invested by funds: $7.13B → $7.08B (-$54.9M)

1% less call options, than puts

Call options by funds: $5.09B | Put options by funds: $5.16B

1.49% less ownership

Funds ownership: 54.49% → 53% (-1.5%)

13% less repeat investments, than reductions

Existing positions increased: 233 | Existing positions reduced: 269

Holders
780
Holders Change
+1
Holders Change %
+0.13%
% of All Funds
11.24%
Holding in Top 10
34
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.49%
New
105
Increased
233
Reduced
269
Closed
92
Calls
$5.09B
Puts
$5.16B
Net Calls
-$71.6M
Net Calls Change
-$1.04B

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$399M
2
CLGM
Capitolis Liquid Global Markets
New York
+$93.8M
3
Citigroup
Citigroup
New York
+$87.8M
4
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$75.2M
5
APF
Alaska Permanent Fund
Alaska
+$63.7M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$491M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$195M
3
National Bank of Canada
National Bank of Canada
Quebec, Canada
-$106M
4
Citadel Advisors
Citadel Advisors
Florida
-$68.1M
5
MCM
Moore Capital Management
New York
-$63M
Name Holding Trade Value Shares
Change 		Change in
Stake
PI
801
PEAK6 Investments
Illinois
– -$1.8M -63,502 Closed
IMC Chicago
802
IMC Chicago
Illinois
– -$1.75M -61,429 Closed
SAMC
803
Spectrum Asset Management (California)
California
– -$1.89M -61,035 Closed
JSC
804
Jackson Square Capital
California
– -$1.81M -58,458 Closed
CCM
805
Coldstream Capital Management
Washington
– -$1.72M -55,423 Closed
HP
806
Holowesko Partners
Bahamas
– -$1.7M -54,700 Closed
AAM
807
Alphadyne Asset Management
New York
– -$1.65M -53,193 Closed
SCP
808
Silverleafe Capital Partners
Tennessee
– -$1.55M -50,064 Closed
LIP
809
Lighthouse Investment Partners
Florida
– -$1.55M -50,000 Closed
SSG
810
Summit Securities Group
New York
– -$1.54M -49,700 Closed
TI
811
Trexquant Investment
Connecticut
– -$1.48M -47,824 Closed
BHCM
812
Brevan Howard Capital Management
Jersey
– -$1.25M -40,314 Closed
FC
813
Fore Capital
New York
– -$1.14M -40,000 Closed
NAS
814
NWF Advisory Services
California
– -$1.15M -37,166 Closed
MTIM
815
Marathon Trading Investment Management
Pennsylvania
– -$998K -35,114 Closed
CMANY
816
Capital Management Associates (New York)
New York
– -$1.09M -35,000 Closed
SIGI
817
Susquehanna International Group (Ireland)
Ireland
– -$930K -30,000 Closed
DI
818
DAGCO Inc
Ohio
– -$914K -29,459 Closed
Nomura Asset Management
819
Nomura Asset Management
Japan
– -$881K -28,400 Closed
MTCM
820
Mint Tower Capital Management
Netherlands
– -$775K -25,000 Closed
BCM
821
Bluefin Capital Management
New York
– -$736K -23,600 Closed
AP
822
Advisors Preferred
Maryland
– -$596K -19,500 Closed
CL
823
COWA LLC
Oklahoma
– -$594K -19,153 Closed
EWA
824
Emergent Wealth Advisors
New York
– -$558K -18,005 Closed
WAM
825
Wolverine Asset Management
Illinois
– -$558K -18,000 Closed
31 32
33
34 35

GDX Hedge Fund Activity: Q1 2024 in Review

780 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q1 2024, worth a combined $7.08B — down 0.77% from $7.13B a quarter earlier.

Buyers outnumbered sellers: 105 funds opened new GDX positions and 92 closed out — a net gain of 13 holders — while 233 added to existing stakes and 269 trimmed.

The largest buyer was Jane Street, adding an estimated $399M. The largest seller was Morgan Stanley, cutting an estimated $491M.

  • 780 institutional investors held VanEck Gold Miners ETF (GDX) as of Q1 2024, up from 779 in Q4 2023.
  • Funds reported $7.08B of VanEck Gold Miners ETF stock for Q1 2024, down 0.77% quarter-over-quarter.
  • 105 funds opened new VanEck Gold Miners ETF positions in Q1 2024 and 92 closed out, a net change of +13 holders.
  • The largest VanEck Gold Miners ETF buyer in Q1 2024 was Jane Street, an estimated $399M added.
  • The largest VanEck Gold Miners ETF seller in Q1 2024 was Morgan Stanley, an estimated $491M sold.

Based on aggregated 13F filings for Q1 2024.