VanEck Gold Miners ETF
310 hedge funds and large institutions have $4.04B invested in VanEck Gold Miners ETF in 2015 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 104 increasing their positions, 84 reducing their positions, and 65 closing their positions.
43% more call options, than puts
Call options by funds: $970M | Put options by funds: $679M
24% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 84
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
5% more capital invested
Capital invested by funds: $3.85B → $4.04B (+$192M)
1% less funds holding
Funds holding: 313 → 310 (-3)
2% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 65
6.8% less ownership
Funds ownership: 69.06% → 62.26% (-6.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$421M |
| 2 |
JP
Jana Partners
New York
|
+$139M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$93.2M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$90.4M |
| 5 |
Rafferty Asset Management
New York
|
+$89.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$569M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$103M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$62.4M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$38.5M |
| 5 |
SH
SeaTown Holdings
Singapore
|
-$37.4M |
GDX Hedge Fund Activity: Q1 2015 in Review
310 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q1 2015, worth a combined $4.04B — up 5% from $3.85B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of GDX and 64 opened new positions — a net loss of 1 holder — while 84 trimmed existing stakes and 104 added.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $421M. The largest seller was Deutsche Bank, exiting entirely with an estimated $569M sold.
- 310 institutional investors held VanEck Gold Miners ETF (GDX) as of Q1 2015, down from 313 in Q4 2014.
- Funds reported $4.04B of VanEck Gold Miners ETF stock for Q1 2015, up 5% quarter-over-quarter.
- 64 funds opened new VanEck Gold Miners ETF positions in Q1 2015 and 65 closed out, a net change of -1 holder.
- The largest VanEck Gold Miners ETF buyer in Q1 2015 was BNP Paribas Financial Markets, an estimated $421M added.
- The largest VanEck Gold Miners ETF seller in Q1 2015 was Deutsche Bank, an estimated $569M sold.
Based on aggregated 13F filings for Q1 2015.