VanEck Gold Miners ETF
390 hedge funds and large institutions have $5.22B invested in VanEck Gold Miners ETF in 2018 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 112 increasing their positions, 129 reducing their positions, and 49 closing their positions.
2.09% more ownership
Funds ownership: 63.8% → 65.9% (+2.1%)
5% more capital invested
Capital invested by funds: $4.98B → $5.22B (+$241M)
1% more call options, than puts
Call options by funds: $1.79B | Put options by funds: $1.76B
0% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 49
1% less funds holding
Funds holding: 392 → 390 (-2)
13% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 129
15% less funds holding in top 10
Funds holding in top 10: 20 → 17 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$267M |
| 2 |
JP Morgan Chase
New York
|
+$206M |
| 3 |
Rafferty Asset Management
New York
|
+$131M |
| 4 |
EIM
Elephas Investment Management
Hong Kong
|
+$121M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$73.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$177M |
| 2 |
Citigroup
New York
|
-$105M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$84.8M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$75.3M |
| 5 |
Squarepoint
New York
|
-$69M |
GDX Hedge Fund Activity: Q2 2018 in Review
390 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q2 2018, worth a combined $5.22B — up 4.8% from $4.98B a quarter earlier.
Fund positioning in GDX was balanced in Q2 2018: 49 funds opened new positions, 49 closed out, 112 added to existing stakes and 129 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $267M. The largest seller was Bessemer Group, cutting an estimated $177M.
- 390 institutional investors held VanEck Gold Miners ETF (GDX) as of Q2 2018, down from 392 in Q1 2018.
- Funds reported $5.22B of VanEck Gold Miners ETF stock for Q2 2018, up 4.8% quarter-over-quarter.
- 49 funds opened new VanEck Gold Miners ETF positions in Q2 2018 and 49 closed out, a net change of 0 holders.
- The largest VanEck Gold Miners ETF buyer in Q2 2018 was Deutsche Bank, an estimated $267M added.
- The largest VanEck Gold Miners ETF seller in Q2 2018 was Bessemer Group, an estimated $177M sold.
Based on aggregated 13F filings for Q2 2018.