VanEck Junior Gold Miners ETF
GDXJ
115 hedge funds and large institutions have $397M invested in VanEck Junior Gold Miners ETF in 2013 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 32 increasing their positions, 35 reducing their positions, and 33 closing their positions.
21% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 33
17% more ownership
Funds ownership: 4.8% → 21.79% (+17%)
10% more capital invested
Capital invested by funds: $361M → $397M (+$35.4M)
5% more funds holding
Funds holding: 110 → 115 (+5)
9% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 35
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
62% less call options, than puts
Call options by funds: $77.6M | Put options by funds: $202M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10.4M |
| 2 |
Jane Street
New York
|
+$9.45M |
| 3 |
Goldman Sachs
New York
|
+$9.03M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$7.31M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$7.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SVG
Sun Valley Gold
Sun Valley,
Idaho
|
-$16.7M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$6.59M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.27M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.13M |
| 5 |
SCM
Sansar Capital Management
New York
|
-$2.94M |
GDXJ Hedge Fund Activity: Q3 2013 in Review
115 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q3 2013, worth a combined $397M — up 9.8% from $361M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new GDXJ positions and 33 closed out — a net gain of 7 holders — while 32 added to existing stakes and 35 trimmed.
The largest buyer was Bank of America, adding an estimated $10.4M. The largest seller was Sun Valley Gold, exiting entirely with an estimated $16.7M sold.
- 115 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q3 2013, up from 110 in Q2 2013.
- Funds reported $397M of VanEck Junior Gold Miners ETF stock for Q3 2013, up 9.8% quarter-over-quarter.
- 40 funds opened new VanEck Junior Gold Miners ETF positions in Q3 2013 and 33 closed out, a net change of +7 holders.
- The largest VanEck Junior Gold Miners ETF buyer in Q3 2013 was Bank of America, an estimated $10.4M added.
- The largest VanEck Junior Gold Miners ETF seller in Q3 2013 was Sun Valley Gold, an estimated $16.7M sold.
Based on aggregated 13F filings for Q3 2013.