VanEck Gold Miners ETF
779 hedge funds and large institutions have $6.63B invested in VanEck Gold Miners ETF in 2023 Q4 according to their latest regulatory filings, with 147 funds opening new positions, 278 increasing their positions, 216 reducing their positions, and 71 closing their positions.
107% more first-time investments, than exits
New positions opened: 147 | Existing positions closed: 71
29% more repeat investments, than reductions
Existing positions increased: 278 | Existing positions reduced: 216
26% more capital invested
Capital invested by funds: $5.25B → $6.63B (+$1.38B)
22% more call options, than puts
Call options by funds: $5.33B | Put options by funds: $4.36B
17% more funds holding in top 10
Funds holding in top 10: 29 → 34 (+5)
10% more funds holding
Funds holding: 707 → 779 (+72)
4.7% more ownership
Funds ownership: 45.98% → 50.69% (+4.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$144M |
| 2 |
MCM
Moore Capital Management
New York
|
+$69.8M |
| 3 |
SPC
Slate Path Capital
New York
|
+$67.3M |
| 4 |
Twin Tree Management
Dallas,
Texas
|
+$60.8M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$55.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$72.8M |
| 2 |
SF
Synovus Financial
Columbus,
Georgia
|
-$58.4M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$44.8M |
| 4 |
HF
HRT Financial
New York
|
-$44.7M |
| 5 |
Jane Street
New York
|
-$44.1M |
GDX Hedge Fund Activity: Q4 2023 in Review
779 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q4 2023, worth a combined $6.63B — up 26% from $5.25B a quarter earlier.
Buyers outnumbered sellers: 147 funds opened new GDX positions and 71 closed out — a net gain of 76 holders — while 278 added to existing stakes and 216 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $144M. The largest seller was National Bank of Canada, cutting an estimated $72.8M.
- 779 institutional investors held VanEck Gold Miners ETF (GDX) as of Q4 2023, up from 707 in Q3 2023.
- Funds reported $6.63B of VanEck Gold Miners ETF stock for Q4 2023, up 26% quarter-over-quarter.
- 147 funds opened new VanEck Gold Miners ETF positions in Q4 2023 and 71 closed out, a net change of +76 holders.
- The largest VanEck Gold Miners ETF buyer in Q4 2023 was Morgan Stanley, an estimated $144M added.
- The largest VanEck Gold Miners ETF seller in Q4 2023 was National Bank of Canada, an estimated $72.8M sold.
Based on aggregated 13F filings for Q4 2023.