VanEck Gold Miners ETF
GDX
392 hedge funds and large institutions have $4.96B invested in VanEck Gold Miners ETF in 2018 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 126 increasing their positions, 109 reducing their positions, and 59 closing their positions.
30% more capital invested
Capital invested by funds: $3.81B → $4.96B (+$1.15B)
22% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 59
17.6% more ownership
Funds ownership: 46.2% → 63.8% (+18%)
16% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 109
11% more funds holding in top 10
Funds holding in top 10: 18 → 20 (+2)
3% more funds holding
Funds holding: 382 → 392 (+10)
43% less call options, than puts
Call options by funds: $1.03B | Put options by funds: $1.79B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$533M |
| 2 |
Citigroup
New York
|
+$266M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$179M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$164M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$75.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$137M |
| 2 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$68.5M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$54.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$44.6M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$34.9M |
GDX Hedge Fund Activity: Q1 2018 in Review
392 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q1 2018, worth a combined $4.96B — up 30% from $3.81B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new GDX positions and 59 closed out — a net gain of 13 holders — while 126 added to existing stakes and 109 trimmed.
The largest buyer was Deutsche Bank, opening a new position worth an estimated $533M. The largest seller was Susquehanna International Group, cutting an estimated $137M.
- 392 institutional investors held VanEck Gold Miners ETF (GDX) as of Q1 2018, up from 382 in Q4 2017.
- Funds reported $4.96B of VanEck Gold Miners ETF stock for Q1 2018, up 30% quarter-over-quarter.
- 72 funds opened new VanEck Gold Miners ETF positions in Q1 2018 and 59 closed out, a net change of +13 holders.
- The largest VanEck Gold Miners ETF buyer in Q1 2018 was Deutsche Bank, an estimated $533M added.
- The largest VanEck Gold Miners ETF seller in Q1 2018 was Susquehanna International Group, an estimated $137M sold.
Based on aggregated 13F filings for Q1 2018.