VanEck Gold Miners ETF
704 hedge funds and large institutions have $6.63B invested in VanEck Gold Miners ETF in 2022 Q4 according to their latest regulatory filings, with 159 funds opening new positions, 226 increasing their positions, 205 reducing their positions, and 71 closing their positions.
124% more first-time investments, than exits
New positions opened: 159 | Existing positions closed: 71
47% more funds holding in top 10
Funds holding in top 10: 30 → 44 (+14)
46% more capital invested
Capital invested by funds: $4.54B → $6.63B (+$2.09B)
44% more call options, than puts
Call options by funds: $4.55B | Put options by funds: $3.16B
12% more funds holding
Funds holding: 626 → 704 (+78)
10% more repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 205
0.89% less ownership
Funds ownership: 49.78% → 48.89% (-0.89%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$107M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$89M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$78.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$64M |
| 5 |
SF
Synovus Financial
Columbus,
Georgia
|
+$58.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$84.7M |
| 2 |
Two Sigma Investments
New York
|
-$68.3M |
| 3 |
Two Sigma Advisers
New York
|
-$57.1M |
| 4 |
Morgan Stanley
New York
|
-$54.1M |
| 5 |
DGAM
Desjardins Global Asset Management
Montreal,
Quebec, Canada
|
-$42.1M |
GDX Hedge Fund Activity: Q4 2022 in Review
704 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q4 2022, worth a combined $6.63B — up 46% from $4.54B a quarter earlier.
Buyers outnumbered sellers: 159 funds opened new GDX positions and 71 closed out — a net gain of 88 holders — while 226 added to existing stakes and 205 trimmed.
The largest buyer was SPX Gestao de Recursos, opening a new position worth an estimated $107M. The largest seller was Jane Street, cutting an estimated $84.7M.
- 704 institutional investors held VanEck Gold Miners ETF (GDX) as of Q4 2022, up from 626 in Q3 2022.
- Funds reported $6.63B of VanEck Gold Miners ETF stock for Q4 2022, up 46% quarter-over-quarter.
- 159 funds opened new VanEck Gold Miners ETF positions in Q4 2022 and 71 closed out, a net change of +88 holders.
- The largest VanEck Gold Miners ETF buyer in Q4 2022 was SPX Gestao de Recursos, an estimated $107M added.
- The largest VanEck Gold Miners ETF seller in Q4 2022 was Jane Street, an estimated $84.7M sold.
Based on aggregated 13F filings for Q4 2022.