VanEck Junior Gold Miners ETF
GDXJ
122 hedge funds and large institutions have $309M invested in VanEck Junior Gold Miners ETF in 2013 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 35 increasing their positions, 30 reducing their positions, and 31 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
26% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 31
17% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 30
6% more funds holding
Funds holding: 115 → 122 (+7)
0.28% more ownership
Funds ownership: 21.79% → 22.07% (+0.28%)
22% less capital invested
Capital invested by funds: $397M → $309M (-$87.7M)
64% less call options, than puts
Call options by funds: $59.2M | Put options by funds: $166M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
+$15.9M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$12.9M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$12.7M |
| 4 |
JP Morgan Chase
New York
|
+$9.66M |
| 5 |
SFM
Soros Fund Management
New York
|
+$9.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$17.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$10.3M |
| 3 |
TM
Tiger Management
New York
|
-$8.68M |
| 4 |
Jane Street
New York
|
-$8.2M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$6.66M |
GDXJ Hedge Fund Activity: Q4 2013 in Review
122 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q4 2013, worth a combined $309M — down 22% from $397M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new GDXJ positions and 31 closed out — a net gain of 8 holders — while 35 added to existing stakes and 30 trimmed.
The largest buyer was Oxbow Advisors, opening a new position worth an estimated $15.9M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $17.4M sold.
- 122 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q4 2013, up from 115 in Q3 2013.
- Funds reported $309M of VanEck Junior Gold Miners ETF stock for Q4 2013, down 22% quarter-over-quarter.
- 39 funds opened new VanEck Junior Gold Miners ETF positions in Q4 2013 and 31 closed out, a net change of +8 holders.
- The largest VanEck Junior Gold Miners ETF buyer in Q4 2013 was Oxbow Advisors, an estimated $15.9M added.
- The largest VanEck Junior Gold Miners ETF seller in Q4 2013 was Susquehanna International Group, an estimated $17.4M sold.
Based on aggregated 13F filings for Q4 2013.