GDX icon

VanEck Gold Miners ETF

1,123 hedge funds and large institutions have $13.2B invested in VanEck Gold Miners ETF in 2025 Q4 according to their latest regulatory filings, with 180 funds opening new positions, 355 increasing their positions, 420 reducing their positions, and 67 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:

0.07% more ownership

Funds ownership: 51.33%51.41% (+0.07%)

15% less repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 420

56% less call options, than puts

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

Holders
1,123
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
65
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
SIAP
126
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$12.9M
CA
127
CSM Advisors
Pennsylvania
$12.6M
SC
128
Scotia Capital
Ontario, Canada
$12.6M
FIA
129
Foundations Investment Advisors
Arizona
$12.1M
PCM
130
Parsons Capital Management
Rhode Island
$12.1M
IPW
131
IronBridge Private Wealth
Texas
$11.8M
MSWM
132
Mader & Shannon Wealth Management
Missouri
$11.7M
MWM
133
Meridian Wealth Management
Kentucky
$11.4M
Two Sigma Investments
134
Two Sigma Investments
New York
$11.2M
Franklin Resources
135
Franklin Resources
California
$11.2M
JF
136
Jump Financial
Illinois
$11.1M
PWA
137
PCG Wealth Advisors
Kansas
$10.6M
FFA
138
Farther Finance Advisors
California
$10.6M
AllianceBernstein
139
AllianceBernstein
Tennessee
$10.5M
SAA
140
Southeast Asset Advisors
Georgia
$10.3M
PFPG
141
Pinnacle Financial Partners (Georgia)
Georgia
$10.3M
Cerity Partners
142
Cerity Partners
New York
$10.2M
OCBCO
143
Oversea-Chinese Banking Corp (OCBC)
Singapore
$10.2M
EMAM
144
Encompass More Asset Management
California
$10M
MML Investors Services
145
MML Investors Services
Massachusetts
$10M
SG Americas Securities
146
SG Americas Securities
New York
$9.99M
Mariner
147
Mariner
Kansas
$9.95M
VanEck Associates
148
VanEck Associates
New York
$9.88M
SMC
149
Smith, Moore & Co
Missouri
$9.5M
1WA
150
180 Wealth Advisors
Washington
$9.49M