We are live on ! Find out more
GDX icon

VanEck Gold Miners ETF

372 hedge funds and large institutions have $4.05B invested in VanEck Gold Miners ETF in 2017 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 124 increasing their positions, 113 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 113

9% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 47

8% more call options, than puts

Call options by funds: $2.33B | Put options by funds: $2.17B

0% more funds holding in top 10

Funds holding in top 10: 1919 (0)

1% less funds holding

Funds holding: 374372 (-2)

6.08% less ownership

Funds ownership: 59.7%53.63% (-6.1%)

17% less capital invested

Capital invested by funds: $4.89B → $4.05B (-$844M)

Holders
372
Holders Change
-2
Holders Change %
-0.53%
% of All Funds
9.27%
Holding in Top 10
19
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.47%
New
51
Increased
124
Reduced
113
Closed
47
Calls
$2.33B
Puts
$2.17B
Net Calls
+$164M
Net Calls Change
+$523M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$386M -$165M -7,126,109 -30%
Rafferty Asset Management
2
Rafferty Asset Management
New York
$338M +$199M +8,615,979 +141%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$320M +$110M +4,785,066 +52%
Citigroup
4
Citigroup
New York
$239M -$188M -8,136,152 -44%
H
5
Hexavest
Quebec, Canada
$222M +$117M +5,048,829 +109%
Bessemer Group
6
Bessemer Group
New Jersey
$211M +$213M +9,205,600 New
Jane Street
7
Jane Street
New York
$196M +$31.8M +1,377,855 +19%
GC
8
Greenlight Capital
New York
$182M
Bank of America
9
Bank of America
North Carolina
$98.1M -$158M -6,825,942 -61%
HSBC Holdings
10
HSBC Holdings
United Kingdom
$96.2M +$31.9M +1,382,273 +49%
TM
11
Thiel Macro
California
$89.5M +$90.1M +3,900,000 New
UBS Group
12
UBS Group
Switzerland
$86.7M -$97M -4,198,901 -53%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$83.9M +$9.24M +400,086 +12%
Barclays
14
Barclays
United Kingdom
$67.4M +$20.9M +904,667 +45%
VF
15
Virtu Financial
New York
$63.3M +$40.3M +1,746,823 +173%
HI
16
HBK Investments
Texas
$62.9M +$33M +1,427,968 +109%
Wells Fargo
17
Wells Fargo
California
$62M -$442M -19,154,310 -88%
CG
18
Cutler Group
California
$56.5M +$21.8M +942,060 +62%
PI
19
Putnam Investments
Massachusetts
$51.4M +$9.96M +431,200 +24%
QIM
20
Quantitative Investment Management
Virginia
$40M +$40.2M +1,740,700 New
GCM
21
Graham Capital Management
Connecticut
$35.4M +$20.6M +891,258 +137%
Citadel Advisors
22
Citadel Advisors
Florida
$34.7M -$53.6M -2,321,171 -61%
Wellington Management Group
23
Wellington Management Group
Massachusetts
$34.3M -$1.69M -73,134 -5%
Goldman Sachs
24
Goldman Sachs
New York
$33M +$21.8M +943,468 +191%
CS
25
Credit Suisse
Switzerland
$32.5M -$181M -7,817,469 -85%

GDX Hedge Fund Activity: Q3 2017 in Review

372 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q3 2017, worth a combined $4.05B — down 17% from $4.89B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new GDX positions and 47 closed out — a net gain of 4 holders — while 124 added to existing stakes and 113 trimmed.

The largest buyer was Bessemer Group, opening a new position worth an estimated $213M. The largest seller was Wells Fargo, cutting an estimated $442M.

  • 372 institutional investors held VanEck Gold Miners ETF (GDX) as of Q3 2017, down from 374 in Q2 2017.
  • Funds reported $4.05B of VanEck Gold Miners ETF stock for Q3 2017, down 17% quarter-over-quarter.
  • 51 funds opened new VanEck Gold Miners ETF positions in Q3 2017 and 47 closed out, a net change of +4 holders.
  • The largest VanEck Gold Miners ETF buyer in Q3 2017 was Bessemer Group, an estimated $213M added.
  • The largest VanEck Gold Miners ETF seller in Q3 2017 was Wells Fargo, an estimated $442M sold.

Based on aggregated 13F filings for Q3 2017.