GDX icon

VanEck Gold Miners ETF

1,151 hedge funds and large institutions have $13.3B invested in VanEck Gold Miners ETF in 2025 Q4 according to their latest regulatory filings, with 196 funds opening new positions, 358 increasing their positions, 425 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more capital invested

Capital invested by funds: $ → $

more funds holding

Funds holding:

more funds holding in top 10

Funds holding in top 10:

0.35% more ownership

Funds ownership: 51.4%51.74% (+0.35%)

16% less repeat investments, than reductions

Existing positions increased: 358 | Existing positions reduced: 425

56% less call options, than puts

Call options by funds: $6.17B | Put options by funds: $13.9B

Holders
1,151
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
68
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$6.17B
Puts
$13.9B
Net Calls
Net Calls Change

Top Buyers

1 +$407M
2 +$272M
3 +$202M
4
Goldman Sachs
Goldman Sachs
New York
+$158M
5
Wells Fargo
Wells Fargo
California
+$153M

Top Sellers

1 -$174M
2 -$159M
3 -$122M
4
Balyasny Asset Management
Balyasny Asset Management
Illinois
-$114M
5
JP Morgan Chase
JP Morgan Chase
New York
-$92.9M
Name Holding Trade Value Shares
Change
Change in
Stake
CCMW
1151
Cypress Capital Management (Wyoming)
Wyoming
$257
AP
1152
Atwood & Palmer
Missouri
$41
MI
1153
Motiv8 Investments
Florida
$1
D.E. Shaw & Co
1154
D.E. Shaw & Co
New York
Capital Fund Management (CFM)
1155
Capital Fund Management (CFM)
France
Wellington Management Group
1156
Wellington Management Group
Massachusetts
BBVA
1157
Banco Bilbao Vizcaya Argentaria
Spain
MW
1158
Marks Wealth
Maryland
MMRF
1159
Michelson Medical Research Foundation
California
OAC
1160
OMERS Administration Corp
Ontario, Canada
1832 Asset Management
1161
1832 Asset Management
Ontario, Canada
PCM
1162
Pinnbrook Capital Management
New York
NI
1163
Natural Investments
California
SFC
1164
Strategic Financial Concepts
Texas
TGAM
1165
TBH Global Asset Management
Tennessee
PCM
1166
Perritt Capital Management
Illinois
IUHSA
1167
Itau Unibanco Holding S.A.
Brazil
BM
1168
Bridger Management
New York
SCM
1169
Sandler Capital Management
New York
PCM
1170
Price Capital Management
Louisiana
FCA
1171
Fortis Capital Advisors
Kansas
EF
1172
Empowered Funds
Pennsylvania
Kovitz Investment Group Partners
1173
Kovitz Investment Group Partners
Illinois
PC
1174
Payne Capital
Oregon
CGF
1175
Constant Guidance Financial
Massachusetts