VanEck Junior Gold Miners ETF
GDXJ
143 hedge funds and large institutions have $686M invested in VanEck Junior Gold Miners ETF in 2014 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 41 increasing their positions, 29 reducing their positions, and 23 closing their positions.
122% more capital invested
Capital invested by funds: $309M → $686M (+$377M)
96% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 23
41% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 29
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
17% more funds holding
Funds holding: 122 → 143 (+21)
11.48% more ownership
Funds ownership: 22.07% → 33.55% (+11%)
13% less call options, than puts
Call options by funds: $131M | Put options by funds: $151M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$75.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$75.4M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$36.5M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$35M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$25.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$14.3M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$11.6M |
| 3 |
JP Morgan Chase
New York
|
-$8.11M |
| 4 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$6.52M |
| 5 |
Walleye Trading
New York
|
-$4.2M |
GDXJ Hedge Fund Activity: Q1 2014 in Review
143 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q1 2014, worth a combined $686M — up 122% from $309M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new GDXJ positions and 23 closed out — a net gain of 22 holders — while 41 added to existing stakes and 29 trimmed.
The largest buyer was Citigroup, adding an estimated $75.7M. The largest seller was Oxbow Advisors, exiting entirely with an estimated $14.3M sold.
- 143 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q1 2014, up from 122 in Q4 2013.
- Funds reported $686M of VanEck Junior Gold Miners ETF stock for Q1 2014, up 122% quarter-over-quarter.
- 45 funds opened new VanEck Junior Gold Miners ETF positions in Q1 2014 and 23 closed out, a net change of +22 holders.
- The largest VanEck Junior Gold Miners ETF buyer in Q1 2014 was Citigroup, an estimated $75.7M added.
- The largest VanEck Junior Gold Miners ETF seller in Q1 2014 was Oxbow Advisors, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2014.