We are live on ! Find out more
GDX icon

VanEck Gold Miners ETF
GDX

340 hedge funds and large institutions have $4.89B invested in VanEck Gold Miners ETF in 2014 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 100 increasing their positions, 118 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $4.29B → $4.89B (+$600M)

4.91% more ownership

Funds ownership: 55.15% → 60.06% (+4.9%)

5% less call options, than puts

Call options by funds: $1.07B | Put options by funds: $1.13B

3% less funds holding

Funds holding: 349 → 340 (-9)

13% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 53

15% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 118

27% less funds holding in top 10

Funds holding in top 10: 22 → 16 (-6)

Holders
340
Holders Change
-9
Holders Change %
-2.58%
% of All Funds
9.77%
Holding in Top 10
16
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-27.27%
% of All Funds
0.46%
New
46
Increased
100
Reduced
118
Closed
53
Calls
$1.07B
Puts
$1.13B
Net Calls
-$59.2M
Net Calls Change
-$494M

Top Buyers

1
CS
Credit Suisse
Switzerland
+$178M
2
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$135M
3
MAM
Marketfield Asset Management
New York
+$118M
4
DFO
Duquesne Family Office
New York
+$93.4M
5
Citigroup
Citigroup
New York
+$76.4M

Top Sellers

1
Deutsche Bank
Deutsche Bank
Germany
-$122M
2
DCM
Discovery Capital Management
Connecticut
-$116M
3
Jane Street
Jane Street
New York
-$115M
4
Rafferty Asset Management
Rafferty Asset Management
New York
-$109M
5
Bank of Montreal
Bank of Montreal
Ontario, Canada
-$37M
Name Holding Trade Value Shares
Change 		Change in
Stake
GFM
126
Gramercy Funds Management
Connecticut
$1.98M – – –
BCI
127
Brinker Capital Investments
Pennsylvania
$1.98M +$1.8M +75,000 New
JCM
128
JS Capital Management
New York
$1.85M -$480K -20,000 -22%
Schroder Investment Management Group
129
Schroder Investment Management Group
United Kingdom
$1.75M – – –
VKH
130
Virtu KCG Holdings
New York
$1.75M -$12.3M -512,178 -89%
BCMU
131
BlueCrest Capital Management (UK)
Guernsey
$1.75M +$864K +36,020 +120%
GI
132
GAMCO Investors
Connecticut
$1.75M +$1.58M +66,000 New
CB
133
Commerce Bank
Missouri
$1.7M +$77.8K +3,243 +5%
HighTower Advisors
134
HighTower Advisors
Illinois
$1.69M -$3.71M -154,608 -71%
SCM
135
Stuyvesant Capital Management
New York
$1.69M -$192K -8,000 -11%
BlackRock
136
BlackRock
New York
$1.66M +$24.5K +1,020 +2%
MWR
137
McAdams Wright Ragen
Washington
$1.63M -$8.82K -368 -0.6%
SCM
138
SOL Capital Management
Maryland
$1.62M -$16.8K -700 -1%
IFWM
139
Institute for Wealth Management
Colorado
$1.62M +$224K +9,326 +18%
COPPSERS
140
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.62M +$1.46M +61,085 New
FIM
141
Freedom Investment Management
Connecticut
$1.6M +$108K +4,489 +8%
WAM
142
Wolverine Asset Management
Illinois
$1.58M +$1.44M +59,879 New
AIP
143
Ameritas Investment Partners
Nebraska
$1.56M +$50.4K +2,100 +4%
ST
144
Spinnaker Trust
Maine
$1.54M +$419K +17,491 +43%
PNC Financial Services Group
145
PNC Financial Services Group
Pennsylvania
$1.54M -$413K -17,205 -23%
LTFS
146
Ladenburg Thalmann Financial Services
Florida
$1.53M +$646K +26,951 +87%
State Street
147
State Street
Massachusetts
$1.51M +$215K +8,947 +19%
SFT
148
Simmons First Trust
Arkansas
$1.5M -$476K -19,844 -26%
HT
149
HAP Trading
New York
$1.46M -$2.27M -94,600 -63%
VFAM
150
Valley Forge Asset Management
Pennsylvania
$1.4M -$36K -1,500 -3%
4 5
6
7 8

GDX Hedge Fund Activity: Q2 2014 in Review

340 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q2 2014, worth a combined $4.89B — up 14% from $4.29B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of GDX and 46 opened new positions — a net loss of 7 holders — while 118 trimmed existing stakes and 100 added.

The largest buyer was Credit Suisse, adding an estimated $178M. The largest seller was Deutsche Bank, cutting an estimated $122M.

  • 340 institutional investors held VanEck Gold Miners ETF (GDX) as of Q2 2014, down from 349 in Q1 2014.
  • Funds reported $4.89B of VanEck Gold Miners ETF stock for Q2 2014, up 14% quarter-over-quarter.
  • 46 funds opened new VanEck Gold Miners ETF positions in Q2 2014 and 53 closed out, a net change of -7 holders.
  • The largest VanEck Gold Miners ETF buyer in Q2 2014 was Credit Suisse, an estimated $178M added.
  • The largest VanEck Gold Miners ETF seller in Q2 2014 was Deutsche Bank, an estimated $122M sold.

Based on aggregated 13F filings for Q2 2014.