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VanEck Gold Miners ETF

760 hedge funds and large institutions have $7.11B invested in VanEck Gold Miners ETF in 2022 Q1 according to their latest regulatory filings, with 149 funds opening new positions, 254 increasing their positions, 193 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more first-time investments, than exits

New positions opened: 149 | Existing positions closed: 77

66% more funds holding in top 10

Funds holding in top 10: 2948 (+19)

32% more repeat investments, than reductions

Existing positions increased: 254 | Existing positions reduced: 193

27% more call options, than puts

Call options by funds: $3.75B | Put options by funds: $2.95B

22% more capital invested

Capital invested by funds: $5.84B → $7.11B (+$1.27B)

9% more funds holding

Funds holding: 698760 (+62)

2.71% more ownership

Funds ownership: 43.49%46.19% (+2.7%)

Holders
760
Holders Change
+62
Holders Change %
+8.88%
% of All Funds
11.99%
Holding in Top 10
48
Holding in Top 10 Change
+19
Holding in Top 10 Change %
+65.52%
% of All Funds
0.76%
New
149
Increased
254
Reduced
193
Closed
77
Calls
$3.75B
Puts
$2.95B
Net Calls
+$804M
Net Calls Change
+$1.23B
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$504M -$12.4M -364,291 -3%
Morgan Stanley
2
Morgan Stanley
New York
$363M +$24.4M +719,019 +8%
Rafferty Asset Management
3
Rafferty Asset Management
New York
$352M -$68M -2,002,590 -18%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$339M -$420M -12,372,768 -58%
Bessemer Group
5
Bessemer Group
New Jersey
$270M +$210M +6,174,391 +718%
Jane Street
6
Jane Street
New York
$270M -$98.4M -2,897,832 -29%
UBS Group
7
UBS Group
Switzerland
$264M -$50.5M -1,486,191 -18%
PP
8
Prudential plc
United Kingdom
$234M +$207M +6,094,563 New
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$205M -$4.68M -137,708 -3%
Toronto Dominion Bank
10
Toronto Dominion Bank
Ontario, Canada
$185M +$7.41M +218,099 +5%
JP Morgan Chase
11
JP Morgan Chase
New York
$178M +$120M +3,535,098 +322%
Citigroup
12
Citigroup
New York
$165M -$253M -7,455,531 -63%
Wells Fargo
13
Wells Fargo
California
$159M -$9.1M -267,828 -6%
Bank of Nova Scotia
14
Bank of Nova Scotia
Ontario, Canada
$154M +$131M +3,842,400 +2,316%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$154M +$61.8M +1,818,715 +83%
DGAM
16
Desjardins Global Asset Management
Quebec, Canada
$99.4M +$81.2M +2,389,846 +1,184%
LPL Financial
17
LPL Financial
California
$87.3M +$14.8M +435,739 +24%
1832 Asset Management
18
1832 Asset Management
Ontario, Canada
$84.5M +$75.8M +2,232,099 +279,012%
CS
19
Credit Suisse
Switzerland
$78.9M -$9.96M -293,095 -12%
Wellington Management Group
20
Wellington Management Group
Massachusetts
$75.4M +$36.4M +1,072,726 +120%
BNP Paribas Financial Markets
21
BNP Paribas Financial Markets
France
$63.3M +$24.1M +709,474 +75%
GC
22
Guggenheim Capital
Illinois
$61.3M +$5.52M +162,400 +11%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
23
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$60.7M +$50M +1,472,292 +1,345%
AAS
24
Annex Advisory Services
Wisconsin
$60.5M +$941K +27,690 +2%
T. Rowe Price Associates
25
T. Rowe Price Associates
Maryland
$57.8M +$4.33M +127,500 +9%

GDX Hedge Fund Activity: Q1 2022 in Review

760 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q1 2022, worth a combined $7.11B — up 22% from $5.84B a quarter earlier.

Buyers outnumbered sellers: 149 funds opened new GDX positions and 77 closed out — a net gain of 72 holders — while 254 added to existing stakes and 193 trimmed.

The largest buyer was Bessemer Group, adding an estimated $210M. The largest seller was Susquehanna International Group, cutting an estimated $420M.

  • 760 institutional investors held VanEck Gold Miners ETF (GDX) as of Q1 2022, up from 698 in Q4 2021.
  • Funds reported $7.11B of VanEck Gold Miners ETF stock for Q1 2022, up 22% quarter-over-quarter.
  • 149 funds opened new VanEck Gold Miners ETF positions in Q1 2022 and 77 closed out, a net change of +72 holders.
  • The largest VanEck Gold Miners ETF buyer in Q1 2022 was Bessemer Group, an estimated $210M added.
  • The largest VanEck Gold Miners ETF seller in Q1 2022 was Susquehanna International Group, an estimated $420M sold.

Based on aggregated 13F filings for Q1 2022.