VanEck Gold Miners ETF
GDX
382 hedge funds and large institutions have $3.81B invested in VanEck Gold Miners ETF in 2017 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 107 increasing their positions, 132 reducing their positions, and 52 closing their positions.
27% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 52
3% more funds holding
Funds holding: 372 → 382 (+10)
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
6% less capital invested
Capital invested by funds: $4.05B → $3.81B (-$242M)
7.43% less ownership
Funds ownership: 53.63% → 46.2% (-7.4%)
16% less call options, than puts
Call options by funds: $1.94B | Put options by funds: $2.31B
19% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 132
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$180M |
| 2 |
Rafferty Asset Management
New York
|
+$86.4M |
| 3 |
Squarepoint
New York
|
+$53.7M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$39.1M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$34.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenlight Capital
New York
|
-$182M |
| 2 |
Jane Street
New York
|
-$178M |
| 3 |
Morgan Stanley
New York
|
-$101M |
| 4 |
TM
Thiel Macro
Los Angeles,
California
|
-$88.7M |
| 5 |
VF
Virtu Financial
New York
|
-$60.7M |
GDX Hedge Fund Activity: Q4 2017 in Review
382 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q4 2017, worth a combined $3.81B — down 6% from $4.05B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new GDX positions and 52 closed out — a net gain of 14 holders — while 107 added to existing stakes and 132 trimmed.
The largest buyer was UBS Group, adding an estimated $180M. The largest seller was Greenlight Capital, exiting entirely with an estimated $182M sold.
- 382 institutional investors held VanEck Gold Miners ETF (GDX) as of Q4 2017, up from 372 in Q3 2017.
- Funds reported $3.81B of VanEck Gold Miners ETF stock for Q4 2017, down 6% quarter-over-quarter.
- 66 funds opened new VanEck Gold Miners ETF positions in Q4 2017 and 52 closed out, a net change of +14 holders.
- The largest VanEck Gold Miners ETF buyer in Q4 2017 was UBS Group, an estimated $180M added.
- The largest VanEck Gold Miners ETF seller in Q4 2017 was Greenlight Capital, an estimated $182M sold.
Based on aggregated 13F filings for Q4 2017.