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VanEck Gold Miners ETF

780 hedge funds and large institutions have $7.08B invested in VanEck Gold Miners ETF in 2024 Q1 according to their latest regulatory filings, with 105 funds opening new positions, 233 increasing their positions, 269 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 105 | Existing positions closed: 92

0% more funds holding

Funds holding: 779780 (+1)

0% more funds holding in top 10

Funds holding in top 10: 3434 (0)

1% less capital invested

Capital invested by funds: $7.13B → $7.08B (-$54.9M)

1% less call options, than puts

Call options by funds: $5.09B | Put options by funds: $5.16B

1.49% less ownership

Funds ownership: 54.49%53% (-1.5%)

13% less repeat investments, than reductions

Existing positions increased: 233 | Existing positions reduced: 269

Holders
780
Holders Change
+1
Holders Change %
+0.13%
% of All Funds
11.24%
Holding in Top 10
34
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.49%
New
105
Increased
233
Reduced
269
Closed
92
Calls
$5.09B
Puts
$5.16B
Net Calls
-$71.6M
Net Calls Change
-$1.04B
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$571M +$24.1M +849,075 +5%
Jane Street
2
Jane Street
New York
$513M +$399M +14,046,913 +650%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$498M +$75.2M +2,648,310 +20%
Morgan Stanley
4
Morgan Stanley
New York
$464M -$491M -17,274,726 -54%
UBS Group
5
UBS Group
Switzerland
$323M +$44.7M +1,574,706 +18%
Rafferty Asset Management
6
Rafferty Asset Management
New York
$304M +$38.2M +1,346,169 +16%
JP Morgan Chase
7
JP Morgan Chase
New York
$266M -$31.9M -1,121,268 -12%
SPC
8
Slate Path Capital
New York
$254M -$13.6M -477,000 -6%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$156M -$195M -6,862,080 -58%
Citigroup
10
Citigroup
New York
$145M +$87.8M +3,090,252 +207%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$129M +$11.2M +395,379 +11%
APF
12
Alaska Permanent Fund
Alaska
$125M +$63.7M +2,242,823 +132%
Two Sigma Investments
13
Two Sigma Investments
New York
$122M +$33.7M +1,186,040 +44%
Wells Fargo
14
Wells Fargo
California
$120M +$11.9M +418,824 +12%
Caisse de Depot et Placement du Quebec (CDPQ)
15
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$109M -$28.5M -1,001,714 -22%
CLGM
16
Capitolis Liquid Global Markets
New York
$104M +$93.8M +3,300,000 New
LPL Financial
17
LPL Financial
California
$103M +$7.6M +267,529 +9%
1832 Asset Management
18
1832 Asset Management
Ontario, Canada
$95.5M +$5.16M +181,475 +6%
BNP Paribas Financial Markets
19
BNP Paribas Financial Markets
France
$85.7M +$35.4M +1,244,404 +85%
National Bank of Canada
20
National Bank of Canada
Quebec, Canada
$73M -$106M -3,715,534 -64%
Goldman Sachs
21
Goldman Sachs
New York
$58.9M -$58.4M -2,054,164 -52%
GI
22
GLOBALT Investments
Georgia
$58.4M -$1.32M -46,296 -2%
Fidelity International
23
Fidelity International
Bermuda
$57.9M +$28.6M +1,008,094 +122%
NHFG
24
New Harbor Financial Group
Massachusetts
$54M +$2.66M +93,490 +6%
GC
25
Guggenheim Capital
Illinois
$46.2M

GDX Hedge Fund Activity: Q1 2024 in Review

780 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q1 2024, worth a combined $7.08B — down 0.77% from $7.13B a quarter earlier.

Buyers outnumbered sellers: 105 funds opened new GDX positions and 92 closed out — a net gain of 13 holders — while 233 added to existing stakes and 269 trimmed.

The largest buyer was Jane Street, adding an estimated $399M. The largest seller was Morgan Stanley, cutting an estimated $491M.

  • 780 institutional investors held VanEck Gold Miners ETF (GDX) as of Q1 2024, up from 779 in Q4 2023.
  • Funds reported $7.08B of VanEck Gold Miners ETF stock for Q1 2024, down 0.77% quarter-over-quarter.
  • 105 funds opened new VanEck Gold Miners ETF positions in Q1 2024 and 92 closed out, a net change of +13 holders.
  • The largest VanEck Gold Miners ETF buyer in Q1 2024 was Jane Street, an estimated $399M added.
  • The largest VanEck Gold Miners ETF seller in Q1 2024 was Morgan Stanley, an estimated $491M sold.

Based on aggregated 13F filings for Q1 2024.