VanEck Junior Gold Miners ETF
GDXJ
191 hedge funds and large institutions have $2.56B invested in VanEck Junior Gold Miners ETF in 2017 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 42 increasing their positions, 65 reducing their positions, and 32 closing their positions.
31% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 32
4% more funds holding
Funds holding: 183 → 191 (+8)
4% less capital invested
Capital invested by funds: $2.68B → $2.56B (-$119M)
10.38% less ownership
Funds ownership: 65.89% → 55.51% (-10%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
35% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 65
42% less call options, than puts
Call options by funds: $205M | Put options by funds: $353M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$248M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$225M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$123M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$83.8M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$58.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$409M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$188M |
| 3 |
SG Americas Securities
New York
|
-$71.6M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$67.2M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$57.7M |
GDXJ Hedge Fund Activity: Q4 2017 in Review
191 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q4 2017, worth a combined $2.56B — down 4.4% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new GDXJ positions and 32 closed out — a net gain of 10 holders — while 42 added to existing stakes and 65 trimmed.
The largest buyer was Citigroup, adding an estimated $248M. The largest seller was Wells Fargo, cutting an estimated $409M.
- 191 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q4 2017, up from 183 in Q3 2017.
- Funds reported $2.56B of VanEck Junior Gold Miners ETF stock for Q4 2017, down 4.4% quarter-over-quarter.
- 42 funds opened new VanEck Junior Gold Miners ETF positions in Q4 2017 and 32 closed out, a net change of +10 holders.
- The largest VanEck Junior Gold Miners ETF buyer in Q4 2017 was Citigroup, an estimated $248M added.
- The largest VanEck Junior Gold Miners ETF seller in Q4 2017 was Wells Fargo, an estimated $409M sold.
Based on aggregated 13F filings for Q4 2017.