VanEck Gold Miners ETF
GDX
302 hedge funds and large institutions have $2.73B invested in VanEck Gold Miners ETF in 2015 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 98 increasing their positions, 98 reducing their positions, and 67 closing their positions.
9% more call options, than puts
Call options by funds: $864M | Put options by funds: $796M
0% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 98
1.94% less ownership
Funds ownership: 62.69% → 60.75% (-1.9%)
6% less funds holding
Funds holding: 321 → 302 (-19)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
24% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 67
26% less capital invested
Capital invested by funds: $3.71B → $2.73B (-$975M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$151M |
| 2 |
Citigroup
New York
|
+$145M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$104M |
| 4 |
SPC
Slate Path Capital
New York
|
+$99.2M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
+$49.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
CIBC World Markets
New York
|
-$137M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$135M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$118M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$114M |
| 5 |
Rafferty Asset Management
New York
|
-$76.1M |
GDX Hedge Fund Activity: Q3 2015 in Review
302 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q3 2015, worth a combined $2.73B — down 26% from $3.71B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of GDX and 51 opened new positions — a net loss of 16 holders — while 98 trimmed existing stakes and 98 added.
The largest buyer was SG Americas Securities, adding an estimated $151M. The largest seller was CIBC World Markets, cutting an estimated $137M.
- 302 institutional investors held VanEck Gold Miners ETF (GDX) as of Q3 2015, down from 321 in Q2 2015.
- Funds reported $2.73B of VanEck Gold Miners ETF stock for Q3 2015, down 26% quarter-over-quarter.
- 51 funds opened new VanEck Gold Miners ETF positions in Q3 2015 and 67 closed out, a net change of -16 holders.
- The largest VanEck Gold Miners ETF buyer in Q3 2015 was SG Americas Securities, an estimated $151M added.
- The largest VanEck Gold Miners ETF seller in Q3 2015 was CIBC World Markets, an estimated $137M sold.
Based on aggregated 13F filings for Q3 2015.