VanEck Gold Miners ETF
486 hedge funds and large institutions have $7.14B invested in VanEck Gold Miners ETF in 2019 Q3 according to their latest regulatory filings, with 96 funds opening new positions, 165 increasing their positions, 139 reducing their positions, and 52 closing their positions.
85% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 52
26% more call options, than puts
Call options by funds: $3.58B | Put options by funds: $2.85B
19% more repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 139
9% more funds holding
Funds holding: 446 → 486 (+40)
4.74% more ownership
Funds ownership: 70.44% → 75.18% (+4.7%)
3% more funds holding in top 10
Funds holding in top 10: 33 → 34 (+1)
3% more capital invested
Capital invested by funds: $6.94B → $7.14B (+$196M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rafferty Asset Management
New York
|
+$518M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$177M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$154M |
| 4 |
Millennium Management
New York
|
+$109M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$300M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$286M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$210M |
| 4 |
JP Morgan Chase
New York
|
-$115M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$74.2M |
GDX Hedge Fund Activity: Q3 2019 in Review
486 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q3 2019, worth a combined $7.14B — up 2.8% from $6.94B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new GDX positions and 52 closed out — a net gain of 44 holders — while 165 added to existing stakes and 139 trimmed.
The largest buyer was Rafferty Asset Management, adding an estimated $518M. The largest seller was Toronto Dominion Bank, cutting an estimated $300M.
- 486 institutional investors held VanEck Gold Miners ETF (GDX) as of Q3 2019, up from 446 in Q2 2019.
- Funds reported $7.14B of VanEck Gold Miners ETF stock for Q3 2019, up 2.8% quarter-over-quarter.
- 96 funds opened new VanEck Gold Miners ETF positions in Q3 2019 and 52 closed out, a net change of +44 holders.
- The largest VanEck Gold Miners ETF buyer in Q3 2019 was Rafferty Asset Management, an estimated $518M added.
- The largest VanEck Gold Miners ETF seller in Q3 2019 was Toronto Dominion Bank, an estimated $300M sold.
Based on aggregated 13F filings for Q3 2019.