VanEck Junior Gold Miners ETF
GDXJ
143 hedge funds and large institutions have $491M invested in VanEck Junior Gold Miners ETF in 2015 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 41 reducing their positions, and 27 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
1.82% less ownership
Funds ownership: 33.83% → 32% (-1.8%)
9% less funds holding
Funds holding: 158 → 143 (-15)
12% less capital invested
Capital invested by funds: $557M → $491M (-$65.8M)
21% less call options, than puts
Call options by funds: $61.3M | Put options by funds: $77.1M
24% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 41
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$26.5M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$25M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$14.2M |
| 4 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
+$12.7M |
| 5 |
Rafferty Asset Management
New York
|
+$9.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$36.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$34.1M |
| 3 |
Morgan Stanley
New York
|
-$26.1M |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$15.1M |
| 5 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
-$13.1M |
GDXJ Hedge Fund Activity: Q2 2015 in Review
143 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q2 2015, worth a combined $491M — down 12% from $557M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of GDXJ and 17 opened new positions — a net loss of 10 holders — while 41 trimmed existing stakes and 31 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $26.5M. The largest seller was UBS Group, cutting an estimated $36.7M.
- 143 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q2 2015, down from 158 in Q1 2015.
- Funds reported $491M of VanEck Junior Gold Miners ETF stock for Q2 2015, down 12% quarter-over-quarter.
- 17 funds opened new VanEck Junior Gold Miners ETF positions in Q2 2015 and 27 closed out, a net change of -10 holders.
- The largest VanEck Junior Gold Miners ETF buyer in Q2 2015 was Virtu Financial, an estimated $26.5M added.
- The largest VanEck Junior Gold Miners ETF seller in Q2 2015 was UBS Group, an estimated $36.7M sold.
Based on aggregated 13F filings for Q2 2015.