VanEck Gold Miners ETF
625 hedge funds and large institutions have $4.69B invested in VanEck Gold Miners ETF in 2022 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 189 increasing their positions, 215 reducing their positions, and 124 closing their positions.
2% more call options, than puts
Call options by funds: $3.23B | Put options by funds: $3.16B
0.26% more ownership
Funds ownership: 49.5% → 49.75% (+0.26%)
11% less funds holding
Funds holding: 700 → 625 (-75)
12% less repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 215
15% less capital invested
Capital invested by funds: $5.51B → $4.69B (-$819M)
25% less funds holding in top 10
Funds holding in top 10: 40 → 30 (-10)
51% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 124
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$186M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$125M |
| 3 |
SPC
Slate Path Capital
New York
|
+$68.3M |
| 4 |
Morgan Stanley
New York
|
+$65.1M |
| 5 |
MCM
Moore Capital Management
New York
|
+$56.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$212M |
| 2 |
Jane Street
New York
|
-$90.7M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$73.8M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$69.6M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$69.1M |
GDX Hedge Fund Activity: Q3 2022 in Review
625 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q3 2022, worth a combined $4.69B — down 15% from $5.51B a quarter earlier.
Sellers outnumbered buyers: 124 funds closed out of GDX and 61 opened new positions — a net loss of 63 holders — while 215 trimmed existing stakes and 189 added.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), opening a new position worth an estimated $186M. The largest seller was Bessemer Group, cutting an estimated $212M.
- 625 institutional investors held VanEck Gold Miners ETF (GDX) as of Q3 2022, down from 700 in Q2 2022.
- Funds reported $4.69B of VanEck Gold Miners ETF stock for Q3 2022, down 15% quarter-over-quarter.
- 61 funds opened new VanEck Gold Miners ETF positions in Q3 2022 and 124 closed out, a net change of -63 holders.
- The largest VanEck Gold Miners ETF buyer in Q3 2022 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $186M added.
- The largest VanEck Gold Miners ETF seller in Q3 2022 was Bessemer Group, an estimated $212M sold.
Based on aggregated 13F filings for Q3 2022.