VanEck Gold Miners ETF
514 hedge funds and large institutions have $5.18B invested in VanEck Gold Miners ETF in 2020 Q1 according to their latest regulatory filings, with 91 funds opening new positions, 156 increasing their positions, 171 reducing their positions, and 101 closing their positions.
42% more funds holding in top 10
Funds holding in top 10: 31 → 44 (+13)
14% more call options, than puts
Call options by funds: $2.17B | Put options by funds: $1.91B
9% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 171
10% less first-time investments, than exits
New positions opened: 91 | Existing positions closed: 101
4% less funds holding
Funds holding: 534 → 514 (-20)
11.53% less ownership
Funds ownership: 74.67% → 63.13% (-12%)
33% less capital invested
Capital invested by funds: $7.76B → $5.18B (-$2.58B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$400M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$268M |
| 3 |
JP Morgan Chase
New York
|
+$264M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$78.5M |
| 5 |
Morgan Stanley
New York
|
+$73.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$495M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$403M |
| 3 |
Rafferty Asset Management
New York
|
-$340M |
| 4 |
Citigroup
New York
|
-$339M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$281M |
GDX Hedge Fund Activity: Q1 2020 in Review
514 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q1 2020, worth a combined $5.18B — down 33% from $7.76B a quarter earlier.
Sellers outnumbered buyers: 101 funds closed out of GDX and 91 opened new positions — a net loss of 10 holders — while 171 trimmed existing stakes and 156 added.
The largest buyer was Jane Street, adding an estimated $400M. The largest seller was Canada Pension Plan Investment Board, exiting entirely with an estimated $495M sold.
- 514 institutional investors held VanEck Gold Miners ETF (GDX) as of Q1 2020, down from 534 in Q4 2019.
- Funds reported $5.18B of VanEck Gold Miners ETF stock for Q1 2020, down 33% quarter-over-quarter.
- 91 funds opened new VanEck Gold Miners ETF positions in Q1 2020 and 101 closed out, a net change of -10 holders.
- The largest VanEck Gold Miners ETF buyer in Q1 2020 was Jane Street, an estimated $400M added.
- The largest VanEck Gold Miners ETF seller in Q1 2020 was Canada Pension Plan Investment Board, an estimated $495M sold.
Based on aggregated 13F filings for Q1 2020.