VanEck Gold Miners ETF
835 hedge funds and large institutions have $7.75B invested in VanEck Gold Miners ETF in 2024 Q3 according to their latest regulatory filings, with 121 funds opening new positions, 247 increasing their positions, 270 reducing their positions, and 76 closing their positions.
59% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 76
18% more capital inflows, than outflows
Capital inflows: $1.38B | Capital outflows: $1.17B
5% more funds holding
Funds holding: 797 → 835 (+38)
1.11% more ownership
Funds ownership: 45.06% → 46.17% (+1.1%)
9% less repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 270
5% less funds holding in top 10
Funds holding in top 10: 38 → 36 (-2)
11% less call options, than puts
Call options by funds: $5.15B | Put options by funds: $5.76B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$253M |
| 2 |
Jane Street
New York
|
+$105M |
| 3 |
Quadrature Capital
London,
United Kingdom
|
+$72.4M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$64.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$63.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
NWI Management
New York
|
-$159M |
| 2 |
Morgan Stanley
New York
|
-$111M |
| 3 |
Slate Path Capital
New York
|
-$76.2M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$68.3M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
-$53.9M |
GDX Hedge Fund Activity: Q3 2024 in Review
835 of the 6,986 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q3 2024, worth a combined $7.75B — up 20% from $6.48B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new GDX positions and 76 closed out — a net gain of 45 holders — while 247 added to existing stakes and 270 trimmed.
The largest buyer was Bank of America, adding an estimated $253M. The largest seller was NWI Management, exiting entirely with an estimated $159M sold.
- 835 institutional investors held VanEck Gold Miners ETF (GDX) as of Q3 2024, up from 797 in Q2 2024.
- Funds reported $7.75B of VanEck Gold Miners ETF stock for Q3 2024, up 20% quarter-over-quarter.
- 121 funds opened new VanEck Gold Miners ETF positions in Q3 2024 and 76 closed out, a net change of +45 holders.
- The largest VanEck Gold Miners ETF buyer in Q3 2024 was Bank of America, an estimated $253M added.
- The largest VanEck Gold Miners ETF seller in Q3 2024 was NWI Management, an estimated $159M sold.
Based on aggregated 13F filings for Q3 2024.