VanEck Gold Miners ETF
416 hedge funds and large institutions have $7.33B invested in VanEck Gold Miners ETF in 2018 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 129 increasing their positions, 120 reducing their positions, and 60 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 13 → 26 (+13)
57% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 60
32% more capital invested
Capital invested by funds: $5.56B → $7.33B (+$1.77B)
13.66% more ownership
Funds ownership: 84.3% → 97.96% (+14%)
7% more funds holding
Funds holding: 390 → 416 (+26)
8% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 120
16% less call options, than puts
Call options by funds: $1.63B | Put options by funds: $1.93B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$572M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$445M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$385M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$126M |
| 5 |
SPC
Slate Path Capital
New York
|
+$117M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rafferty Asset Management
New York
|
-$315M |
| 2 |
Morgan Stanley
New York
|
-$248M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$181M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$163M |
| 5 |
SG Americas Securities
New York
|
-$101M |
GDX Hedge Fund Activity: Q4 2018 in Review
416 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q4 2018, worth a combined $7.33B — up 32% from $5.56B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new GDX positions and 60 closed out — a net gain of 34 holders — while 129 added to existing stakes and 120 trimmed.
The largest buyer was Bank of America, adding an estimated $572M. The largest seller was Rafferty Asset Management, cutting an estimated $315M.
- 416 institutional investors held VanEck Gold Miners ETF (GDX) as of Q4 2018, up from 390 in Q3 2018.
- Funds reported $7.33B of VanEck Gold Miners ETF stock for Q4 2018, up 32% quarter-over-quarter.
- 94 funds opened new VanEck Gold Miners ETF positions in Q4 2018 and 60 closed out, a net change of +34 holders.
- The largest VanEck Gold Miners ETF buyer in Q4 2018 was Bank of America, an estimated $572M added.
- The largest VanEck Gold Miners ETF seller in Q4 2018 was Rafferty Asset Management, an estimated $315M sold.
Based on aggregated 13F filings for Q4 2018.