VanEck Junior Gold Miners ETF
GDXJ
165 hedge funds and large institutions have $1.94B invested in VanEck Junior Gold Miners ETF in 2016 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 60 increasing their positions, 37 reducing their positions, and 32 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 37
31% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 32
6.93% more ownership
Funds ownership: 51.17% → 58.11% (+6.9%)
3% more funds holding
Funds holding: 160 → 165 (+5)
18% less capital invested
Capital invested by funds: $2.37B → $1.94B (-$429M)
21% less call options, than puts
Call options by funds: $321M | Put options by funds: $406M
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$282M |
| 2 |
Millennium Management
New York
|
+$123M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$109M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$61.5M |
| 5 |
Rafferty Asset Management
New York
|
+$50.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$244M |
| 2 |
Citigroup
New York
|
-$137M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$86.4M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$82M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$48.7M |
GDXJ Hedge Fund Activity: Q4 2016 in Review
165 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q4 2016, worth a combined $1.94B — down 18% from $2.37B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new GDXJ positions and 32 closed out — a net gain of 10 holders — while 60 added to existing stakes and 37 trimmed.
The largest buyer was UBS Group, adding an estimated $282M. The largest seller was Toronto Dominion Bank, exiting entirely with an estimated $244M sold.
- 165 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q4 2016, up from 160 in Q3 2016.
- Funds reported $1.94B of VanEck Junior Gold Miners ETF stock for Q4 2016, down 18% quarter-over-quarter.
- 42 funds opened new VanEck Junior Gold Miners ETF positions in Q4 2016 and 32 closed out, a net change of +10 holders.
- The largest VanEck Junior Gold Miners ETF buyer in Q4 2016 was UBS Group, an estimated $282M added.
- The largest VanEck Junior Gold Miners ETF seller in Q4 2016 was Toronto Dominion Bank, an estimated $244M sold.
Based on aggregated 13F filings for Q4 2016.