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VanEck Gold Miners ETF

701 hedge funds and large institutions have $5.18B invested in VanEck Gold Miners ETF in 2022 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 212 increasing their positions, 237 reducing their positions, and 131 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.3% more ownership

Funds ownership: 46.19%49.5% (+3.3%)

2% more call options, than puts

Call options by funds: $3.65B | Put options by funds: $3.56B

8% less funds holding

Funds holding: 760701 (-59)

11% less repeat investments, than reductions

Existing positions increased: 212 | Existing positions reduced: 237

17% less funds holding in top 10

Funds holding in top 10: 4840 (-8)

27% less capital invested

Capital invested by funds: $7.11B → $5.18B (-$1.93B)

37% less first-time investments, than exits

New positions opened: 82 | Existing positions closed: 131

Holders
701
Holders Change
-59
Holders Change %
-7.76%
% of All Funds
11.81%
Holding in Top 10
40
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-16.67%
% of All Funds
0.67%
New
82
Increased
212
Reduced
237
Closed
131
Calls
$3.65B
Puts
$3.56B
Net Calls
+$86.1M
Net Calls Change
-$718M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$374M +$17.6M +522,063 +4%
Morgan Stanley
2
Morgan Stanley
New York
$269M +$13M +384,611 +4%
Jane Street
3
Jane Street
New York
$238M +$56.6M +1,677,240 +24%
Bessemer Group
4
Bessemer Group
New Jersey
$230M +$46.6M +1,382,566 +20%
Rafferty Asset Management
5
Rafferty Asset Management
New York
$222M -$35.2M -1,044,760 -11%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$183M -$72.9M -2,160,758 -24%
UBS Group
7
UBS Group
Switzerland
$182M -$7.6M -225,240 -3%
JP Morgan Chase
8
JP Morgan Chase
New York
$180M +$65.6M +1,945,340 +42%
Two Sigma Investments
9
Two Sigma Investments
New York
$126M +$111M +3,290,010 +250%
SPC
10
Slate Path Capital
New York
$126M +$155M +4,600,000 New
Citigroup
11
Citigroup
New York
$109M -$11.5M -340,379 -8%
CS
12
Credit Suisse
Switzerland
$108M +$63.9M +1,893,201 +92%
Toronto Dominion Bank
13
Toronto Dominion Bank
Ontario, Canada
$107M -$30.2M -894,534 -19%
Wells Fargo
14
Wells Fargo
California
$106M -$8.86M -262,541 -6%
Goldman Sachs
15
Goldman Sachs
New York
$101M +$94.4M +2,797,668 +313%
PP
16
Prudential plc
United Kingdom
$80.7M -$106M -3,147,001 -52%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$80.1M -$36.4M -1,079,148 -27%
Bank of Nova Scotia
18
Bank of Nova Scotia
Ontario, Canada
$75.5M -$42.1M -1,249,533 -31%
1832 Asset Management
19
1832 Asset Management
Ontario, Canada
$67M +$7.18M +212,795 +10%
LPL Financial
20
LPL Financial
California
$63.3M +$1.1M +32,746 +1%
BNP Paribas Financial Markets
21
BNP Paribas Financial Markets
France
$58.7M +$16.7M +493,792 +30%
Citadel Advisors
22
Citadel Advisors
Florida
$57.3M +$54.3M +1,611,045 +333%
Barclays
23
Barclays
United Kingdom
$55.9M +$56.2M +1,665,254 +442%
T. Rowe Price Associates
24
T. Rowe Price Associates
Maryland
$47.6M +$7.84M +232,387 +15%
HF
25
HRT Financial
New York
$45.6M +$25.3M +749,511 +83%

GDX Hedge Fund Activity: Q2 2022 in Review

701 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q2 2022, worth a combined $5.18B — down 27% from $7.11B a quarter earlier.

Sellers outnumbered buyers: 131 funds closed out of GDX and 82 opened new positions — a net loss of 49 holders — while 237 trimmed existing stakes and 212 added.

The largest buyer was Slate Path Capital, opening a new position worth an estimated $155M. The largest seller was Prudential plc, cutting an estimated $106M.

  • 701 institutional investors held VanEck Gold Miners ETF (GDX) as of Q2 2022, down from 760 in Q1 2022.
  • Funds reported $5.18B of VanEck Gold Miners ETF stock for Q2 2022, down 27% quarter-over-quarter.
  • 82 funds opened new VanEck Gold Miners ETF positions in Q2 2022 and 131 closed out, a net change of -49 holders.
  • The largest VanEck Gold Miners ETF buyer in Q2 2022 was Slate Path Capital, an estimated $155M added.
  • The largest VanEck Gold Miners ETF seller in Q2 2022 was Prudential plc, an estimated $106M sold.

Based on aggregated 13F filings for Q2 2022.