VanEck Gold Miners ETF
GDX
534 hedge funds and large institutions have $7.75B invested in VanEck Gold Miners ETF in 2019 Q4 according to their latest regulatory filings, with 115 funds opening new positions, 165 increasing their positions, 166 reducing their positions, and 59 closing their positions.
95% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 59
10% more funds holding
Funds holding: 486 → 534 (+48)
9% more capital invested
Capital invested by funds: $7.14B → $7.75B (+$614M)
0.51% less ownership
Funds ownership: 75.18% → 74.67% (-0.51%)
1% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 166
9% less funds holding in top 10
Funds holding in top 10: 34 → 31 (-3)
10% less call options, than puts
Call options by funds: $2.31B | Put options by funds: $2.57B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$433M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$278M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$140M |
| 4 |
Capstone Investment Advisors
New York
|
+$69.8M |
| 5 |
SF
Synovus Financial
Columbus,
Georgia
|
+$64.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$273M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$150M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$112M |
| 4 |
Jane Street
New York
|
-$111M |
| 5 |
Millennium Management
New York
|
-$97.9M |
GDX Hedge Fund Activity: Q4 2019 in Review
534 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q4 2019, worth a combined $7.75B — up 8.6% from $7.14B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new GDX positions and 59 closed out — a net gain of 56 holders — while 165 added to existing stakes and 166 trimmed.
The largest buyer was Citigroup, adding an estimated $433M. The largest seller was Wells Fargo, cutting an estimated $273M.
- 534 institutional investors held VanEck Gold Miners ETF (GDX) as of Q4 2019, up from 486 in Q3 2019.
- Funds reported $7.75B of VanEck Gold Miners ETF stock for Q4 2019, up 8.6% quarter-over-quarter.
- 115 funds opened new VanEck Gold Miners ETF positions in Q4 2019 and 59 closed out, a net change of +56 holders.
- The largest VanEck Gold Miners ETF buyer in Q4 2019 was Citigroup, an estimated $433M added.
- The largest VanEck Gold Miners ETF seller in Q4 2019 was Wells Fargo, an estimated $273M sold.
Based on aggregated 13F filings for Q4 2019.