VanEck Gold Miners ETF
372 hedge funds and large institutions have $4.05B invested in VanEck Gold Miners ETF in 2017 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 124 increasing their positions, 113 reducing their positions, and 47 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 113
9% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 47
8% more call options, than puts
Call options by funds: $2.33B | Put options by funds: $2.17B
0% more funds holding in top 10
Funds holding in top 10: 19 → 19 (0)
1% less funds holding
Funds holding: 374 → 372 (-2)
6.08% less ownership
Funds ownership: 59.7% → 53.63% (-6.1%)
17% less capital invested
Capital invested by funds: $4.89B → $4.05B (-$844M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$213M |
| 2 |
Rafferty Asset Management
New York
|
+$199M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$117M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$110M |
| 5 |
TM
Thiel Macro
Los Angeles,
California
|
+$90.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$442M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$284M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$195M |
| 4 |
Citigroup
New York
|
-$188M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$181M |
GDX Hedge Fund Activity: Q3 2017 in Review
372 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q3 2017, worth a combined $4.05B — down 17% from $4.89B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new GDX positions and 47 closed out — a net gain of 4 holders — while 124 added to existing stakes and 113 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $213M. The largest seller was Wells Fargo, cutting an estimated $442M.
- 372 institutional investors held VanEck Gold Miners ETF (GDX) as of Q3 2017, down from 374 in Q2 2017.
- Funds reported $4.05B of VanEck Gold Miners ETF stock for Q3 2017, down 17% quarter-over-quarter.
- 51 funds opened new VanEck Gold Miners ETF positions in Q3 2017 and 47 closed out, a net change of +4 holders.
- The largest VanEck Gold Miners ETF buyer in Q3 2017 was Bessemer Group, an estimated $213M added.
- The largest VanEck Gold Miners ETF seller in Q3 2017 was Wells Fargo, an estimated $442M sold.
Based on aggregated 13F filings for Q3 2017.