VanEck Gold Miners ETF
379 hedge funds and large institutions have $7.88B invested in VanEck Gold Miners ETF in 2017 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 121 increasing their positions, 109 reducing their positions, and 46 closing their positions.
61% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 46
28% more capital invested
Capital invested by funds: $6.15B → $7.88B (+$1.73B)
14% more funds holding in top 10
Funds holding in top 10: 21 → 24 (+3)
11% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 109
6% more funds holding
Funds holding: 359 → 379 (+20)
4.94% more ownership
Funds ownership: 63.06% → 68% (+4.9%)
17% less call options, than puts
Call options by funds: $1.39B | Put options by funds: $1.68B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$518M |
| 2 |
Rafferty Asset Management
New York
|
+$301M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$285M |
| 4 |
Citigroup
New York
|
+$284M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$260M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$307M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$209M |
| 3 |
PC
Passport Capital
San Francisco,
California
|
-$191M |
| 4 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$124M |
| 5 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$113M |
GDX Hedge Fund Activity: Q1 2017 in Review
379 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q1 2017, worth a combined $7.88B — up 28% from $6.15B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new GDX positions and 46 closed out — a net gain of 28 holders — while 121 added to existing stakes and 109 trimmed.
The largest buyer was Hexavest, adding an estimated $518M. The largest seller was Jane Street, cutting an estimated $307M.
- 379 institutional investors held VanEck Gold Miners ETF (GDX) as of Q1 2017, up from 359 in Q4 2016.
- Funds reported $7.88B of VanEck Gold Miners ETF stock for Q1 2017, up 28% quarter-over-quarter.
- 74 funds opened new VanEck Gold Miners ETF positions in Q1 2017 and 46 closed out, a net change of +28 holders.
- The largest VanEck Gold Miners ETF buyer in Q1 2017 was Hexavest, an estimated $518M added.
- The largest VanEck Gold Miners ETF seller in Q1 2017 was Jane Street, an estimated $307M sold.
Based on aggregated 13F filings for Q1 2017.