VanEck Gold Miners ETF
841 hedge funds and large institutions have $6.26B invested in VanEck Gold Miners ETF in 2024 Q4 according to their latest regulatory filings, with 138 funds opening new positions, 286 increasing their positions, 262 reducing their positions, and 114 closing their positions.
21% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 114
6% more funds holding in top 10
Funds holding in top 10: 36 → 38 (+2)
3.21% more ownership
Funds ownership: 46.17% → 49.38% (+3.2%)
9% more repeat investments, than reductions
Existing positions increased: 286 | Existing positions reduced: 262
1% more funds holding
Funds holding: 835 → 841 (+6)
11% less call options, than puts
Call options by funds: $4.72B | Put options by funds: $5.29B
17% less capital inflows, than outflows
Capital inflows: $1.44B | Capital outflows: $1.73B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$185M |
| 2 |
Rafferty Asset Management
New York
|
+$89.9M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$83.2M |
| 4 |
Two Sigma Investments
New York
|
+$60.1M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$55.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$416M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$80.3M |
| 3 |
JP Morgan Chase
New York
|
-$79M |
| 4 |
Slate Path Capital
New York
|
-$69.2M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$67.9M |
GDX Hedge Fund Activity: Q4 2024 in Review
841 of the 7,622 institutional investors tracked by Wall St. Rank reported a position in VanEck Gold Miners ETF (GDX) for Q4 2024, worth a combined $6.26B — down 19% from $7.75B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new GDX positions and 114 closed out — a net gain of 24 holders — while 286 added to existing stakes and 262 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $185M. The largest seller was Bank of America, cutting an estimated $416M.
- 841 institutional investors held VanEck Gold Miners ETF (GDX) as of Q4 2024, up from 835 in Q3 2024.
- Funds reported $6.26B of VanEck Gold Miners ETF stock for Q4 2024, down 19% quarter-over-quarter.
- 138 funds opened new VanEck Gold Miners ETF positions in Q4 2024 and 114 closed out, a net change of +24 holders.
- The largest VanEck Gold Miners ETF buyer in Q4 2024 was Morgan Stanley, an estimated $185M added.
- The largest VanEck Gold Miners ETF seller in Q4 2024 was Bank of America, an estimated $416M sold.
Based on aggregated 13F filings for Q4 2024.