VanEck Junior Gold Miners ETF
GDXJ
400 hedge funds and large institutions have $3.8B invested in VanEck Junior Gold Miners ETF in 2025 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 126 increasing their positions, 100 reducing their positions, and 33 closing their positions.
112% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 33
56% more capital invested
Capital invested by funds: $2.43B → $3.8B (+$1.37B)
47% more funds holding in top 10
Funds holding in top 10: 15 → 22 (+7)
26% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 100
9% more funds holding
Funds holding: 367 → 400 (+33)
1.58% more ownership
Funds ownership: 44.29% → 45.87% (+1.6%)
13% less call options, than puts
Call options by funds: $589M | Put options by funds: $675M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$165M |
| 2 |
Citigroup
New York
|
+$159M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$37.6M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$35.8M |
| 5 |
Morgan Stanley
New York
|
+$33.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$72.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$64.3M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$32.3M |
| 4 |
PC
Pureheart Capital
Singapore,
|
-$22.9M |
| 5 |
NCM
Nearwater Capital Markets
Dublin 4, Dublin,
Ireland
|
-$19.2M |
GDXJ Hedge Fund Activity: Q3 2025 in Review
400 of the 7,647 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q3 2025, worth a combined $3.8B — up 56% from $2.43B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new GDXJ positions and 33 closed out — a net gain of 37 holders — while 126 added to existing stakes and 100 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $165M. The largest seller was JP Morgan Chase, cutting an estimated $72.2M.
- 400 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q3 2025, up from 367 in Q2 2025.
- Funds reported $3.8B of VanEck Junior Gold Miners ETF stock for Q3 2025, up 56% quarter-over-quarter.
- 70 funds opened new VanEck Junior Gold Miners ETF positions in Q3 2025 and 33 closed out, a net change of +37 holders.
- The largest VanEck Junior Gold Miners ETF buyer in Q3 2025 was Bank of Montreal, an estimated $165M added.
- The largest VanEck Junior Gold Miners ETF seller in Q3 2025 was JP Morgan Chase, an estimated $72.2M sold.
Based on aggregated 13F filings for Q3 2025.