MicroSectors Gold Miners -3x Inverse Leveraged ETN
GDXD
8 hedge funds and large institutions have $1.55M invested in MicroSectors Gold Miners -3x Inverse Leveraged ETN in 2026 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
11% less funds holding
Funds holding: 9 → 8 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
82% less capital invested
Capital invested by funds: $8.54M → $1.55M (-$6.98M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Belvedere Trading
Chicago,
Illinois
|
+$409K |
| 2 |
Renaissance Technologies
New York
|
+$243K |
| 3 |
SG Americas Securities
New York
|
+$39.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$33.5K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$11.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.07M |
| 2 |
TSS
Two Sigma Securities
New York
|
-$665K |
| 3 |
SG
StoneX Group
New York
|
-$137K |
| 4 |
CWMS
CFG Wealth Management Services
Indianapolis,
Indiana
|
-$127K |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $536K | -$3.07M | -66,429 | -84% |
|
|
2
Belvedere Trading
Chicago,
Illinois
| $365K | +$409K | +8,837 | New |
|
3
Citadel Advisors
Miami,
Florida
| $286K | -$6.29K | -136 | -2% |
|
|
4
Renaissance Technologies
New York
| $217K | +$243K | +5,248 | New |
|
|
5
SG Americas Securities
New York
| $101K | +$39.3K | +849 | +53% |
|
|
6
UBS Group
Zurich,
Switzerland
| $35.9K | +$33.5K | +724 | +496% |
|
|
7
Osaic Holdings
Scottsdale,
Arizona
| $10.6K | +$11.8K | +256 | New |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $1.73K | +$1.8K | +39 | +1,300% |
|
|
TSS
9
Two Sigma Securities
New York
| – | -$665K | -7,842 | Closed |
|
|
SG
10
StoneX Group
New York
| – | -$137K | -1,619 | Closed |
|
|
CWMS
11
CFG Wealth Management Services
Indianapolis,
Indiana
| – | -$127K | -1,500 | Closed |
|
|
XT
12
XTX Topco
George Town,
Cayman Islands
| – | -$124K | -1,464 | Closed |
|
GDXD Hedge Fund Activity: Q1 2026 in Review
8 of the 8,136 institutional investors tracked by Wall St. Rank reported a position in MicroSectors Gold Miners -3x Inverse Leveraged ETN (GDXD) for Q1 2026, worth a combined $1.55M — down 82% from $8.54M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GDXD and 3 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Belvedere Trading, opening a new position worth an estimated $409K. The largest seller was Susquehanna International Group, cutting an estimated $3.07M.
- 8 institutional investors held MicroSectors Gold Miners -3x Inverse Leveraged ETN (GDXD) as of Q1 2026, down from 9 in Q4 2025.
- Funds reported $1.55M of MicroSectors Gold Miners -3x Inverse Leveraged ETN stock for Q1 2026, down 82% quarter-over-quarter.
- 3 funds opened new MicroSectors Gold Miners -3x Inverse Leveraged ETN positions in Q1 2026 and 4 closed out, a net change of -1 holder.
- The largest MicroSectors Gold Miners -3x Inverse Leveraged ETN buyer in Q1 2026 was Belvedere Trading, an estimated $409K added.
- The largest MicroSectors Gold Miners -3x Inverse Leveraged ETN seller in Q1 2026 was Susquehanna International Group, an estimated $3.07M sold.
Based on aggregated 13F filings for Q1 2026.