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VanEck Gold Miners ETF

691 hedge funds and large institutions have $6.63B invested in VanEck Gold Miners ETF in 2021 Q2 according to their latest regulatory filings, with 94 funds opening new positions, 258 increasing their positions, 195 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 66

32% more repeat investments, than reductions

Existing positions increased: 258 | Existing positions reduced: 195

5% more funds holding in top 10

Funds holding in top 10: 3941 (+2)

4% more funds holding

Funds holding: 667691 (+24)

0% less capital invested

Capital invested by funds: $6.66B → $6.63B (-$26.5M)

8% less call options, than puts

Call options by funds: $2.76B | Put options by funds: $3B

3.58% less ownership

Funds ownership: 48.92%45.34% (-3.6%)

Holders
691
Holders Change
+24
Holders Change %
+3.6%
% of All Funds
12.03%
Holding in Top 10
41
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+5.13%
% of All Funds
0.71%
New
94
Increased
258
Reduced
195
Closed
66
Calls
$2.76B
Puts
$3B
Net Calls
-$237M
Net Calls Change
-$106M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$618M -$138M -3,777,440 -17%
Rafferty Asset Management
2
Rafferty Asset Management
New York
$507M +$29.8M +815,574 +6%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$482M +$91.2M +2,495,961 +21%
Morgan Stanley
4
Morgan Stanley
New York
$361M +$20.1M +550,558 +5%
UBS Group
5
UBS Group
Switzerland
$351M -$103M -2,810,590 -21%
Citigroup
6
Citigroup
New York
$286M -$9.58M -262,202 -3%
Bessemer Group
7
Bessemer Group
New Jersey
$229M +$144M +3,934,955 +141%
Toronto Dominion Bank
8
Toronto Dominion Bank
Ontario, Canada
$181M +$77.8M +2,130,623 +67%
Wells Fargo
9
Wells Fargo
California
$151M -$1.99M -54,570 -1%
JP Morgan Chase
10
JP Morgan Chase
New York
$144M -$172M -4,711,253 -53%
Bank of Nova Scotia
11
Bank of Nova Scotia
Ontario, Canada
$138M +$30M +822,100 +25%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$136M +$72.2M +1,977,569 +98%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$125M +$29.5M +808,402 +28%
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
$102M +$20.6M +563,300 +24%
Jane Street
15
Jane Street
New York
$80.3M +$62.9M +1,720,686 +268%
CS
16
Credit Suisse
Switzerland
$77.2M +$15.6M +426,014 +23%
BNP Paribas Financial Markets
17
BNP Paribas Financial Markets
France
$76.7M +$23.3M +638,330 +39%
MFM
18
MD Financial Management
Ontario, Canada
$75.5M +$161K +4,418 +0.2%
Goldman Sachs
19
Goldman Sachs
New York
$73.9M +$1.15M +31,523 +1%
LPL Financial
20
LPL Financial
California
$68M +$7.02M +192,262 +11%
Citadel Advisors
21
Citadel Advisors
Florida
$62.9M -$19.8M -542,398 -23%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$52.5M +$56.5M +1,546,500 New
Barclays
23
Barclays
United Kingdom
$51.4M -$32.9M -899,814 -37%
GC
24
Guggenheim Capital
Illinois
$48.8M +$52.4M +1,435,640 New
AAS
25
Annex Advisory Services
Wisconsin
$48.8M +$2.24M +61,240 +4%

GDX Hedge Fund Activity: Q2 2021 in Review

691 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q2 2021, worth a combined $6.63B — down 0.4% from $6.66B a quarter earlier.

Buyers outnumbered sellers: 94 funds opened new GDX positions and 66 closed out — a net gain of 28 holders — while 258 added to existing stakes and 195 trimmed.

The largest buyer was Bessemer Group, adding an estimated $144M. The largest seller was Canada Pension Plan Investment Board, exiting entirely with an estimated $219M sold.

  • 691 institutional investors held VanEck Gold Miners ETF (GDX) as of Q2 2021, up from 667 in Q1 2021.
  • Funds reported $6.63B of VanEck Gold Miners ETF stock for Q2 2021, down 0.4% quarter-over-quarter.
  • 94 funds opened new VanEck Gold Miners ETF positions in Q2 2021 and 66 closed out, a net change of +28 holders.
  • The largest VanEck Gold Miners ETF buyer in Q2 2021 was Bessemer Group, an estimated $144M added.
  • The largest VanEck Gold Miners ETF seller in Q2 2021 was Canada Pension Plan Investment Board, an estimated $219M sold.

Based on aggregated 13F filings for Q2 2021.