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VanEck Junior Gold Miners ETF

264 hedge funds and large institutions have $1.81B invested in VanEck Junior Gold Miners ETF in 2023 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 75 increasing their positions, 75 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more call options, than puts

Call options by funds: $198M | Put options by funds: $106M

0% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 75

7% less funds holding

Funds holding: 284264 (-20)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

26% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 53

43.12% less ownership

Funds ownership: 86.83%43.71% (-43%)

47% less capital invested

Capital invested by funds: $3.42B → $1.81B (-$1.61B)

Holders
264
Holders Change
-20
Holders Change %
-7.04%
% of All Funds
4.21%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.18%
New
39
Increased
75
Reduced
75
Closed
53
Calls
$198M
Puts
$106M
Net Calls
+$91.8M
Net Calls Change
-$70.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Rafferty Asset Management
1
Rafferty Asset Management
New York
$130M +$10.9M +295,317 +10%
LIM
2
Lingotto Investment Management
United Kingdom
$124M +$10.5M +285,000 +10%
SPC
3
Slate Path Capital
New York
$121M
Toronto Dominion Bank
4
Toronto Dominion Bank
Ontario, Canada
$119M +$66M +1,787,959 +144%
Jane Street
5
Jane Street
New York
$118M -$40.5M -1,097,078 -27%
Citigroup
6
Citigroup
New York
$114M -$28.6M -774,057 -21%
Bessemer Group
7
Bessemer Group
New Jersey
$112M
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$80.6M +$417K +11,278 +0.6%
UBS Group
9
UBS Group
Switzerland
$79.3M +$53.1M +1,437,446 +252%
Morgan Stanley
10
Morgan Stanley
New York
$64.5M -$2.57M -69,682 -4%
BNP Paribas Financial Markets
11
BNP Paribas Financial Markets
France
$61.9M +$10.1M +272,830 +21%
JP Morgan Chase
12
JP Morgan Chase
New York
$52.9M +$5.48M +148,379 +12%
TP
13
Thunderbird Partners
United Kingdom
$48.2M +$1.57M +42,635 +4%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$42.4M +$26.8M +724,760 +208%
Teacher Retirement System of Texas
15
Teacher Retirement System of Texas
Texas
$37M +$5.08M +137,500 +17%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$32.3M +$13.4M +363,586 +80%
HWA
17
Heartwood Wealth Advisors
Virginia
$24.6M +$557K +15,091 +2%
Wells Fargo
18
Wells Fargo
California
$23.5M -$8.76M -237,241 -29%
SVG
19
Sun Valley Gold
Idaho
$21.4M -$7.23M -195,670 -27%
Two Sigma Investments
20
Two Sigma Investments
New York
$18.7M +$17.5M +473,110 New
LPL Financial
21
LPL Financial
California
$18.2M +$3.24M +87,632 +23%
RA
22
Royce & Associates
New York
$15.8M +$1.85M +50,000 +14%
Ameriprise
23
Ameriprise
Minnesota
$15.2M +$11.6M +315,169 +449%
VCM
24
Valiant Capital Management
California
$15M +$14M +380,000 New
National Bank of Canada
25
National Bank of Canada
Quebec, Canada
$12.7M +$4.33M +117,281 +58%

GDXJ Hedge Fund Activity: Q1 2023 in Review

264 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q1 2023, worth a combined $1.81B — down 47% from $3.42B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of GDXJ and 39 opened new positions — a net loss of 14 holders — while 75 trimmed existing stakes and 75 added.

The largest buyer was Toronto Dominion Bank, adding an estimated $66M. The largest seller was Beirne Wealth Consulting Services, cutting an estimated $1.55B.

  • 264 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q1 2023, down from 284 in Q4 2022.
  • Funds reported $1.81B of VanEck Junior Gold Miners ETF stock for Q1 2023, down 47% quarter-over-quarter.
  • 39 funds opened new VanEck Junior Gold Miners ETF positions in Q1 2023 and 53 closed out, a net change of -14 holders.
  • The largest VanEck Junior Gold Miners ETF buyer in Q1 2023 was Toronto Dominion Bank, an estimated $66M added.
  • The largest VanEck Junior Gold Miners ETF seller in Q1 2023 was Beirne Wealth Consulting Services, an estimated $1.55B sold.

Based on aggregated 13F filings for Q1 2023.