VanEck Rare Earth/Strategic Metals ETF
REMX
110 hedge funds and large institutions have $72.5M invested in VanEck Rare Earth/Strategic Metals ETF in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 33 reducing their positions, and 29 closing their positions.
120% more call options, than puts
Call options by funds: $3.26M | Put options by funds: $1.48M
6.47% less ownership
Funds ownership: 27.93% → 21.46% (-6.5%)
17% less funds holding
Funds holding: 132 → 110 (-22)
36% less capital invested
Capital invested by funds: $114M → $72.5M (-$41.4M)
39% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 33
62% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.84M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.76M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.94M |
| 4 |
KIA
Kraematon Investment Advisors
Braintree,
Massachusetts
|
+$649K |
| 5 |
HF
HRT Financial
New York
|
+$576K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPM
Meritage Portfolio Management
Overland Park,
Kansas
|
-$11.5M |
| 2 |
Morgan Stanley
New York
|
-$6.13M |
| 3 |
AIM
Avanda Investment Management
Singapore
|
-$5.85M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.3M |
| 5 |
WHAM
Windmill Hill Asset Management
Waddesdon,
United Kingdom
|
-$2.71M |
REMX Hedge Fund Activity: Q1 2024 in Review
110 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in VanEck Rare Earth/Strategic Metals ETF (REMX) for Q1 2024, worth a combined $72.5M — down 36% from $114M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of REMX and 11 opened new positions — a net loss of 18 holders — while 33 trimmed existing stakes and 20 added.
The largest buyer was Millennium Management, adding an estimated $3.84M. The largest seller was Meritage Portfolio Management, exiting entirely with an estimated $11.5M sold.
- 110 institutional investors held VanEck Rare Earth/Strategic Metals ETF (REMX) as of Q1 2024, down from 132 in Q4 2023.
- Funds reported $72.5M of VanEck Rare Earth/Strategic Metals ETF stock for Q1 2024, down 36% quarter-over-quarter.
- 11 funds opened new VanEck Rare Earth/Strategic Metals ETF positions in Q1 2024 and 29 closed out, a net change of -18 holders.
- The largest VanEck Rare Earth/Strategic Metals ETF buyer in Q1 2024 was Millennium Management, an estimated $3.84M added.
- The largest VanEck Rare Earth/Strategic Metals ETF seller in Q1 2024 was Meritage Portfolio Management, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2024.