VanEck Junior Gold Miners ETF
GDXJ
474 hedge funds and large institutions have $4.62B invested in VanEck Junior Gold Miners ETF in 2026 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 123 increasing their positions, 158 reducing their positions, and 52 closing their positions.
71% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 52
6% more funds holding
Funds holding: 446 → 474 (+28)
1.26% more ownership
Funds ownership: 49.23% → 50.49% (+1.3%)
1% less capital invested
Capital invested by funds: $4.65B → $4.62B (-$37M)
4% less funds holding in top 10
Funds holding in top 10: 26 → 25 (-1)
22% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 158
29% less call options, than puts
Call options by funds: $698M | Put options by funds: $982M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$131M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$124M |
| 3 |
Goldman Sachs
New York
|
+$98.1M |
| 4 |
JG
Jain Global
New York
|
+$77.5M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$67.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$214M |
| 2 |
Citigroup
New York
|
-$171M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$81.9M |
| 4 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
-$80M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$55.5M |
GDXJ Hedge Fund Activity: Q1 2026 in Review
474 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in VanEck Junior Gold Miners ETF (GDXJ) for Q1 2026, worth a combined $4.62B — down 0.8% from $4.65B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new GDXJ positions and 52 closed out — a net gain of 37 holders — while 123 added to existing stakes and 158 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $131M. The largest seller was Susquehanna International Group, cutting an estimated $214M.
- 474 institutional investors held VanEck Junior Gold Miners ETF (GDXJ) as of Q1 2026, up from 446 in Q4 2025.
- Funds reported $4.62B of VanEck Junior Gold Miners ETF stock for Q1 2026, down 0.8% quarter-over-quarter.
- 89 funds opened new VanEck Junior Gold Miners ETF positions in Q1 2026 and 52 closed out, a net change of +37 holders.
- The largest VanEck Junior Gold Miners ETF buyer in Q1 2026 was Bank of Nova Scotia, an estimated $131M added.
- The largest VanEck Junior Gold Miners ETF seller in Q1 2026 was Susquehanna International Group, an estimated $214M sold.
Based on aggregated 13F filings for Q1 2026.