VanEck Gold Miners ETF
312 hedge funds and large institutions have $4.49B invested in VanEck Gold Miners ETF in 2014 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 92 increasing their positions, 107 reducing their positions, and 66 closing their positions.
8.44% more ownership
Funds ownership: 60.06% → 68.51% (+8.4%)
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
9% more call options, than puts
Call options by funds: $1.05B | Put options by funds: $959M
8% less capital invested
Capital invested by funds: $4.89B → $4.49B (-$394M)
8% less funds holding
Funds holding: 340 → 312 (-28)
14% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 107
36% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$213M |
| 2 |
Rafferty Asset Management
New York
|
+$180M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$170M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$134M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$116M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$117M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$117M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$75.6M |
| 4 |
DFO
Duquesne Family Office
New York
|
-$60M |
| 5 |
GC
Greenlight Capital
New York
|
-$59.7M |
GDX Hedge Fund Activity: Q3 2014 in Review
312 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q3 2014, worth a combined $4.49B — down 8.1% from $4.89B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of GDX and 42 opened new positions — a net loss of 24 holders — while 107 trimmed existing stakes and 92 added.
The largest buyer was Jane Street, opening a new position worth an estimated $213M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $117M.
- 312 institutional investors held VanEck Gold Miners ETF (GDX) as of Q3 2014, down from 340 in Q2 2014.
- Funds reported $4.49B of VanEck Gold Miners ETF stock for Q3 2014, down 8.1% quarter-over-quarter.
- 42 funds opened new VanEck Gold Miners ETF positions in Q3 2014 and 66 closed out, a net change of -24 holders.
- The largest VanEck Gold Miners ETF buyer in Q3 2014 was Jane Street, an estimated $213M added.
- The largest VanEck Gold Miners ETF seller in Q3 2014 was BNP Paribas Financial Markets, an estimated $117M sold.
Based on aggregated 13F filings for Q3 2014.