VanEck Gold Miners ETF
795 hedge funds and large institutions have $6.48B invested in VanEck Gold Miners ETF in 2024 Q2 according to their latest regulatory filings, with 110 funds opening new positions, 227 increasing their positions, 274 reducing their positions, and 83 closing their positions.
33% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 83
12% more funds holding in top 10
Funds holding in top 10: 34 → 38 (+4)
2% more funds holding
Funds holding: 780 → 795 (+15)
5% less call options, than puts
Call options by funds: $5.24B | Put options by funds: $5.5B
7.54% less ownership
Funds ownership: 53% → 45.46% (-7.5%)
8% less capital invested
Capital invested by funds: $7.08B → $6.48B (-$594M)
17% less repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 274
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
NWI Management
New York
|
+$161M |
| 2 |
Morgan Stanley
New York
|
+$121M |
| 3 |
Two Sigma Advisers
New York
|
+$70.2M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$63.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$58.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$453M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$200M |
| 3 |
SPC
Slate Path Capital
New York
|
-$147M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$131M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$81.4M |
GDX Hedge Fund Activity: Q2 2024 in Review
795 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q2 2024, worth a combined $6.48B — down 8.4% from $7.08B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new GDX positions and 83 closed out — a net gain of 27 holders — while 227 added to existing stakes and 274 trimmed.
The largest buyer was NWI Management, opening a new position worth an estimated $161M. The largest seller was Jane Street, cutting an estimated $453M.
- 795 institutional investors held VanEck Gold Miners ETF (GDX) as of Q2 2024, up from 780 in Q1 2024.
- Funds reported $6.48B of VanEck Gold Miners ETF stock for Q2 2024, down 8.4% quarter-over-quarter.
- 110 funds opened new VanEck Gold Miners ETF positions in Q2 2024 and 83 closed out, a net change of +27 holders.
- The largest VanEck Gold Miners ETF buyer in Q2 2024 was NWI Management, an estimated $161M added.
- The largest VanEck Gold Miners ETF seller in Q2 2024 was Jane Street, an estimated $453M sold.
Based on aggregated 13F filings for Q2 2024.