We are live on ! Find out more
GDX icon

VanEck Gold Miners ETF
GDX

835 hedge funds and large institutions have $6.25B invested in VanEck Gold Miners ETF in 2024 Q4 according to their latest regulatory filings, with 134 funds opening new positions, 285 increasing their positions, 261 reducing their positions, and 113 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more first-time investments, than exits

New positions opened: 134 | Existing positions closed: 113

3.15% more ownership

Funds ownership: 46.15% → 49.3% (+3.1%)

3% more funds holding in top 10

Funds holding in top 10: 36 → 37 (+1)

9% more repeat investments, than reductions

Existing positions increased: 285 | Existing positions reduced: 261

0% more funds holding

Funds holding: 832 → 835 (+3)

11% less call options, than puts

Call options by funds: $4.72B | Put options by funds: $5.29B

19% less capital invested

Capital invested by funds: $7.75B → $6.25B (-$1.5B)

Holders
835
Holders Change
+3
Holders Change %
+0.36%
% of All Funds
11%
Holding in Top 10
37
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+2.78%
% of All Funds
0.49%
New
134
Increased
285
Reduced
261
Closed
113
Calls
$4.72B
Puts
$5.29B
Net Calls
-$566M
Net Calls Change
+$47.4M

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$185M
2
Rafferty Asset Management
Rafferty Asset Management
New York
+$89.9M
3
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$83.2M
4
Two Sigma Investments
Two Sigma Investments
New York
+$60.1M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$55.6M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$416M
2
National Bank of Canada
National Bank of Canada
Quebec, Canada
-$80.3M
3
JP Morgan Chase
JP Morgan Chase
New York
-$79M
4
SPC
Slate Path Capital
New York
-$69.2M
5
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
-$67.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
Russell Investments Group
801
Russell Investments Group
United Kingdom
$7.05K +$3.72K +97 +87%
BC
802
Broadwater Capital
Massachusetts
$6.99K – – –
FDW
803
Fourth Dimension Wealth
Ohio
$6.78K +$7.67K +200 New
WWA
804
Wingate Wealth Advisors
Massachusetts
$6.78K +$7.67K +200 New
PPA
805
Pilgrim Partners Asia
Singapore
$6.75K +$6.06K +158 New
SR
806
Syntax Research
Florida
$6.17K -$7.71K -201 -52%
TFGT
807
TS Financial Group (TSFG)
Illinois
$6K – – –
T
808
Tidemark
California
$5.62K +$115 +3 +2%
BAM
809
Bellevue Asset Management
Washington
$5.31K +$77 +2 +1%
FWA
810
Flagship Wealth Advisors
Massachusetts
$5.29K +$5.99K +156 New
RPA
811
Redwood Park Advisors
California
$5.11K +$5.79K +151 New
AA
812
Addison Advisors
Vermont
$5.09K – – –
CIAS
813
CBIZ Investment Advisory Services
Ohio
$5.02K +$77 +2 +1%
BFS
814
Bare Financial Services
Pennsylvania
$3.73K – – –
LFA
815
Legend Financial Advisors
Pennsylvania
$3.56K +$4.03K +105 New
ME
816
McIlrath & Eck
Washington
$3.49K – – –
RCM
817
Raleigh Capital Management
North Carolina
$3.43K +$38 +1 +1%
FWM
818
FSA Wealth Management
Massachusetts
$3.39K – – –
OA
819
Operose Advisors
Wisconsin
$3.39K – – –
GIS
820
Grayhawk Investment Strategies
Alberta, Canada
$2.88K – – –
TIM
821
Tortoise Investment Management
New York
$2.54K – – –
UB
822
UMB Bank
Missouri
$2.54K +$2.88K +75 New
TFA
823
Toth Financial Advisory
Virginia
$2.21K – – –
CFD
824
Creative Financial Designs
Indiana
$2.2K +$2.49K +65 New
BC
825
Barrett & Company
Rhode Island
$2.04K – – –
31 32
33
34 35

GDX Hedge Fund Activity: Q4 2024 in Review

835 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q4 2024, worth a combined $6.25B — down 19% from $7.75B a quarter earlier.

Buyers outnumbered sellers: 134 funds opened new GDX positions and 113 closed out — a net gain of 21 holders — while 285 added to existing stakes and 261 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $185M. The largest seller was Bank of America, cutting an estimated $416M.

  • 835 institutional investors held VanEck Gold Miners ETF (GDX) as of Q4 2024, up from 832 in Q3 2024.
  • Funds reported $6.25B of VanEck Gold Miners ETF stock for Q4 2024, down 19% quarter-over-quarter.
  • 134 funds opened new VanEck Gold Miners ETF positions in Q4 2024 and 113 closed out, a net change of +21 holders.
  • The largest VanEck Gold Miners ETF buyer in Q4 2024 was Morgan Stanley, an estimated $185M added.
  • The largest VanEck Gold Miners ETF seller in Q4 2024 was Bank of America, an estimated $416M sold.

Based on aggregated 13F filings for Q4 2024.