VanEck Junior Gold Miners ETF
GDXJ
142 hedge funds and large institutions have $1.19B invested in VanEck Junior Gold Miners ETF in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 35 reducing their positions, and 29 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 35
20% more capital invested
Capital invested by funds: $993M → $1.19B (+$196M)
10.05% more ownership
Funds ownership: 42.77% → 52.82% (+10%)
9% less funds holding
Funds holding: 156 → 142 (-14)
28% less call options, than puts
Call options by funds: $159M | Put options by funds: $222M
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
38% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$100M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$96.3M |
| 3 |
Rafferty Asset Management
New York
|
+$70.5M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$65M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$62.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$33.3M |
| 2 |
SFM
Soros Fund Management
New York
|
-$22.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$12.4M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$7.18M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$6.56M |
GDXJ Hedge Fund Activity: Q3 2014 in Review
142 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q3 2014, worth a combined $1.19B — up 20% from $993M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of GDXJ and 18 opened new positions — a net loss of 11 holders — while 35 trimmed existing stakes and 50 added.
The largest buyer was Credit Suisse, adding an estimated $100M. The largest seller was Citigroup, cutting an estimated $33.3M.
- 142 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q3 2014, down from 156 in Q2 2014.
- Funds reported $1.19B of VanEck Junior Gold Miners ETF stock for Q3 2014, up 20% quarter-over-quarter.
- 18 funds opened new VanEck Junior Gold Miners ETF positions in Q3 2014 and 29 closed out, a net change of -11 holders.
- The largest VanEck Junior Gold Miners ETF buyer in Q3 2014 was Credit Suisse, an estimated $100M added.
- The largest VanEck Junior Gold Miners ETF seller in Q3 2014 was Citigroup, an estimated $33.3M sold.
Based on aggregated 13F filings for Q3 2014.