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VanEck Gold Miners ETF
GDX

832 hedge funds and large institutions have $7.75B invested in VanEck Gold Miners ETF in 2024 Q3 according to their latest regulatory filings, with 120 funds opening new positions, 246 increasing their positions, 269 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 76

20% more capital invested

Capital invested by funds: $6.48B → $7.75B (+$1.27B)

5% more funds holding

Funds holding: 795 → 832 (+37)

0.69% more ownership

Funds ownership: 45.46% → 46.15% (+0.69%)

9% less repeat investments, than reductions

Existing positions increased: 246 | Existing positions reduced: 269

5% less funds holding in top 10

Funds holding in top 10: 38 → 36 (-2)

11% less call options, than puts

Call options by funds: $5.15B | Put options by funds: $5.76B

Holders
832
Holders Change
+37
Holders Change %
+4.65%
% of All Funds
11.95%
Holding in Top 10
36
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-5.26%
% of All Funds
0.52%
New
120
Increased
246
Reduced
269
Closed
76
Calls
$5.15B
Puts
$5.76B
Net Calls
-$614M
Net Calls Change
-$358M

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$253M
2
Jane Street
Jane Street
New York
+$105M
3
QC
Quadrature Capital
United Kingdom
+$72.4M
4
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$64.8M
5
UBS Group
UBS Group
Switzerland
+$63.4M

Top Sellers

Rank Fund Capital Flow
1
NM
NWI Management
New York
-$159M
2
Morgan Stanley
Morgan Stanley
New York
-$111M
3
SPC
Slate Path Capital
New York
-$76.2M
4
National Bank of Canada
National Bank of Canada
Quebec, Canada
-$68.3M
5
SFC
Strategic Financial Concepts
Texas
-$63.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
MWM
801
Mascoma Wealth Management
New Hampshire
$6.97K – – –
HFS
802
Horizon Financial Services
North Carolina
$6.81K +$6.47K +171 New
T
803
Tidemark
California
$6.52K -$38 -1 -0.6%
BAM
804
Bellevue Asset Management
Washington
$6.16K – – –
AA
805
Addison Advisors
Vermont
$5.97K – – –
CIAS
806
CBIZ Investment Advisory Services
Ohio
$5.83K – – –
OC
807
Oarsman Capital
Wisconsin
$5.38K +$5.11K +135 New
Russell Investments Group
808
Russell Investments Group
United Kingdom
$4.42K – – –
BFS
809
Bare Financial Services
Pennsylvania
$4.38K – – –
IRC
810
Investors Research Corp
Georgia
$4.22K +$4.01K +106 New
ME
811
McIlrath & Eck
Washington
$4.1K – – –
BP
812
BNP Paribas
France
$3.98K – – –
OA
813
Operose Advisors
Wisconsin
$3.98K – – –
RCM
814
Raleigh Capital Management
North Carolina
$3.98K – – –
ADL
815
Asset Dedication LLC
California
$3.98K +$3.79K +100 New
FWM
816
FSA Wealth Management
Massachusetts
$3.98K +$3.79K +100 New
MIM
817
Macroview Investment Management
Maryland
$3.9K – – –
GIS
818
Grayhawk Investment Strategies
Alberta, Canada
$3.38K +$3.22K +85 New
TIM
819
Tortoise Investment Management
New York
$2.99K – – –
TFA
820
Toth Financial Advisory
Virginia
$2.59K – – –
BC
821
Barrett & Company
Rhode Island
$2.39K – – –
LWANC
822
Laurel Wealth Advisors (North Carolina)
North Carolina
$2.31K – – –
WAS
823
Winch Advisory Services
Wisconsin
$2.3K – – –
HGA
824
Hobbs Group Advisors
South Carolina
$1.79K – – –
DWM
825
Darwin Wealth Management
Florida
$1.55K +$1.48K +39 New
31 32
33
34 35

GDX Hedge Fund Activity: Q3 2024 in Review

832 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q3 2024, worth a combined $7.75B — up 20% from $6.48B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new GDX positions and 76 closed out — a net gain of 44 holders — while 246 added to existing stakes and 269 trimmed.

The largest buyer was Bank of America, adding an estimated $253M. The largest seller was NWI Management, exiting entirely with an estimated $159M sold.

  • 832 institutional investors held VanEck Gold Miners ETF (GDX) as of Q3 2024, up from 795 in Q2 2024.
  • Funds reported $7.75B of VanEck Gold Miners ETF stock for Q3 2024, up 20% quarter-over-quarter.
  • 120 funds opened new VanEck Gold Miners ETF positions in Q3 2024 and 76 closed out, a net change of +44 holders.
  • The largest VanEck Gold Miners ETF buyer in Q3 2024 was Bank of America, an estimated $253M added.
  • The largest VanEck Gold Miners ETF seller in Q3 2024 was NWI Management, an estimated $159M sold.

Based on aggregated 13F filings for Q3 2024.