VanEck Gold Miners ETF
370 hedge funds and large institutions have $6.46B invested in VanEck Gold Miners ETF in 2016 Q2 according to their latest regulatory filings, with 103 funds opening new positions, 115 increasing their positions, 101 reducing their positions, and 49 closing their positions.
110% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 49
76% more capital invested
Capital invested by funds: $3.67B → $6.46B (+$2.79B)
19% more funds holding in top 10
Funds holding in top 10: 26 → 31 (+5)
16% more funds holding
Funds holding: 319 → 370 (+51)
14% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 101
6.81% more ownership
Funds ownership: 58.95% → 65.76% (+6.8%)
10% less call options, than puts
Call options by funds: $1.82B | Put options by funds: $2.03B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$402M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$316M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$160M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$136M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$92.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$269M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$82.4M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$79.8M |
| 4 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$70.4M |
| 5 |
Rafferty Asset Management
New York
|
-$65.5M |
GDX Hedge Fund Activity: Q2 2016 in Review
370 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q2 2016, worth a combined $6.46B — up 76% from $3.67B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new GDX positions and 49 closed out — a net gain of 54 holders — while 115 added to existing stakes and 101 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $402M. The largest seller was Hexavest, cutting an estimated $269M.
- 370 institutional investors held VanEck Gold Miners ETF (GDX) as of Q2 2016, up from 319 in Q1 2016.
- Funds reported $6.46B of VanEck Gold Miners ETF stock for Q2 2016, up 76% quarter-over-quarter.
- 103 funds opened new VanEck Gold Miners ETF positions in Q2 2016 and 49 closed out, a net change of +54 holders.
- The largest VanEck Gold Miners ETF buyer in Q2 2016 was Morgan Stanley, an estimated $402M added.
- The largest VanEck Gold Miners ETF seller in Q2 2016 was Hexavest, an estimated $269M sold.
Based on aggregated 13F filings for Q2 2016.