VanEck Gold Miners ETF
GDX
319 hedge funds and large institutions have $3.67B invested in VanEck Gold Miners ETF in 2016 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 98 increasing their positions, 97 reducing their positions, and 58 closing their positions.
117% more funds holding in top 10
Funds holding in top 10: 12 → 26 (+14)
51% more capital invested
Capital invested by funds: $2.44B → $3.67B (+$1.23B)
41% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 58
6% more funds holding
Funds holding: 300 → 319 (+19)
2.74% more ownership
Funds ownership: 56.21% → 58.95% (+2.7%)
6% more call options, than puts
Call options by funds: $959M | Put options by funds: $901M
1% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rafferty Asset Management
New York
|
+$158M |
| 2 |
Jane Street
New York
|
+$99M |
| 3 |
Morgan Stanley
New York
|
+$77.7M |
| 4 |
SPC
Slate Path Capital
New York
|
+$71.4M |
| 5 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$71.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$314M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$138M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$79.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$49.6M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$36.4M |
GDX Hedge Fund Activity: Q1 2016 in Review
319 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q1 2016, worth a combined $3.67B — up 51% from $2.44B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new GDX positions and 58 closed out — a net gain of 24 holders — while 98 added to existing stakes and 97 trimmed.
The largest buyer was Rafferty Asset Management, adding an estimated $158M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $314M.
- 319 institutional investors held VanEck Gold Miners ETF (GDX) as of Q1 2016, up from 300 in Q4 2015.
- Funds reported $3.67B of VanEck Gold Miners ETF stock for Q1 2016, up 51% quarter-over-quarter.
- 82 funds opened new VanEck Gold Miners ETF positions in Q1 2016 and 58 closed out, a net change of +24 holders.
- The largest VanEck Gold Miners ETF buyer in Q1 2016 was Rafferty Asset Management, an estimated $158M added.
- The largest VanEck Gold Miners ETF seller in Q1 2016 was BNP Paribas Financial Markets, an estimated $314M sold.
Based on aggregated 13F filings for Q1 2016.