VanEck Junior Gold Miners ETF
GDXJ
185 hedge funds and large institutions have $2.85B invested in VanEck Junior Gold Miners ETF in 2018 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 45 increasing their positions, 53 reducing their positions, and 30 closing their positions.
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
4% more funds holding
Funds holding: 178 → 185 (+7)
3.64% less ownership
Funds ownership: 70.72% → 67.09% (-3.6%)
6% less capital invested
Capital invested by funds: $3.04B → $2.85B (-$188M)
15% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 53
56% less call options, than puts
Call options by funds: $126M | Put options by funds: $289M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$370M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$210M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$71M |
| 4 |
EIM
Elephas Investment Management
Hong Kong
|
+$39.3M |
| 5 |
Squarepoint
New York
|
+$32.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$160M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$156M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$152M |
| 4 |
Morgan Stanley
New York
|
-$150M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$139M |
GDXJ Hedge Fund Activity: Q4 2018 in Review
185 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q4 2018, worth a combined $2.85B — down 6.2% from $3.04B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new GDXJ positions and 30 closed out — a net gain of 10 holders — while 45 added to existing stakes and 53 trimmed.
The largest buyer was Credit Suisse, adding an estimated $370M. The largest seller was Citigroup, cutting an estimated $160M.
- 185 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q4 2018, up from 178 in Q3 2018.
- Funds reported $2.85B of VanEck Junior Gold Miners ETF stock for Q4 2018, down 6.2% quarter-over-quarter.
- 40 funds opened new VanEck Junior Gold Miners ETF positions in Q4 2018 and 30 closed out, a net change of +10 holders.
- The largest VanEck Junior Gold Miners ETF buyer in Q4 2018 was Credit Suisse, an estimated $370M added.
- The largest VanEck Junior Gold Miners ETF seller in Q4 2018 was Citigroup, an estimated $160M sold.
Based on aggregated 13F filings for Q4 2018.