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VanEck Junior Gold Miners ETF

260 hedge funds and large institutions have $1.75B invested in VanEck Junior Gold Miners ETF in 2023 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 55 increasing their positions, 86 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $215M | Put options by funds: $116M

2.43% more ownership

Funds ownership: 46.42%48.85% (+2.4%)

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

1% less capital invested

Capital invested by funds: $1.77B → $1.75B (-$24M)

6% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 36

2% less funds holding

Funds holding: 265260 (-5)

36% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 86

Holders
260
Holders Change
-5
Holders Change %
-1.89%
% of All Funds
4.13%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
34
Increased
55
Reduced
86
Closed
36
Calls
$215M
Puts
$116M
Net Calls
+$99.5M
Net Calls Change
-$36.6M
Name Holding Trade Value Shares
Change
Change in
Stake
APF
1
Alaska Permanent Fund
Alaska
$202M +$51.5M +1,451,064 +30%
Citigroup
2
Citigroup
New York
$144M +$77M +2,170,733 +95%
Rafferty Asset Management
3
Rafferty Asset Management
New York
$136M +$32M +901,115 +27%
SPC
4
Slate Path Capital
New York
$107M +$8.51M +240,000 +8%
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$104M +$28.5M +802,924 +38%
LIM
6
Lingotto Investment Management
United Kingdom
$101M
Bessemer Group
7
Bessemer Group
New Jersey
$91.7M
Toronto Dominion Bank
8
Toronto Dominion Bank
Ontario, Canada
$90.4M +$59.9M +1,688,086 +151%
Morgan Stanley
9
Morgan Stanley
New York
$75.8M +$25.1M +708,038 +43%
HF
10
HRT Financial
New York
$64.8M +$28.3M +798,352 +66%
UBS Group
11
UBS Group
Switzerland
$50.4M +$31.3M +883,302 +130%
BNP Paribas Financial Markets
12
BNP Paribas Financial Markets
France
$34.2M -$4.92M -138,692 -12%
Citadel Advisors
13
Citadel Advisors
Florida
$32.1M +$19.9M +560,066 +129%
Bank of America
14
Bank of America
North Carolina
$27.2M -$15M -424,164 -33%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$25.5M -$4.45M -125,552 -14%
HWA
16
Heartwood Wealth Advisors
Virginia
$20.7M +$355K +10,004 +2%
Wells Fargo
17
Wells Fargo
California
$19.4M +$849K +23,940 +4%
JP Morgan Chase
18
JP Morgan Chase
New York
$19.1M +$20.4M +574,567 +2,988%
Jane Street
19
Jane Street
New York
$18.2M -$142M -3,991,084 -88%
CU
20
CQS (US)
New York
$13.5M
National Bank of Canada
21
National Bank of Canada
Quebec, Canada
$12.9M +$2.26M +63,662 +18%
LPL Financial
22
LPL Financial
California
$12.8M -$3.12M -87,840 -18%
CWM
23
Cadence Wealth Management
Massachusetts
$11.2M +$12.3M +347,790 New
JF
24
Jump Financial
Illinois
$10.8M +$11.8M +333,739 New
RA
25
Royce & Associates
New York
$10.7M

GDXJ Hedge Fund Activity: Q3 2023 in Review

260 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q3 2023, worth a combined $1.75B — down 1.4% from $1.77B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of GDXJ and 34 opened new positions — a net loss of 2 holders — while 86 trimmed existing stakes and 55 added.

The largest buyer was Citigroup, adding an estimated $77M. The largest seller was Jane Street, cutting an estimated $142M.

  • 260 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q3 2023, down from 265 in Q2 2023.
  • Funds reported $1.75B of VanEck Junior Gold Miners ETF stock for Q3 2023, down 1.4% quarter-over-quarter.
  • 34 funds opened new VanEck Junior Gold Miners ETF positions in Q3 2023 and 36 closed out, a net change of -2 holders.
  • The largest VanEck Junior Gold Miners ETF buyer in Q3 2023 was Citigroup, an estimated $77M added.
  • The largest VanEck Junior Gold Miners ETF seller in Q3 2023 was Jane Street, an estimated $142M sold.

Based on aggregated 13F filings for Q3 2023.