VanEck Rare Earth/Strategic Metals ETF
REMX
149 hedge funds and large institutions have $171M invested in VanEck Rare Earth/Strategic Metals ETF in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 50 reducing their positions, and 14 closing their positions.
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
11% more capital invested
Capital invested by funds: $154M → $171M (+$17.2M)
3.06% more ownership
Funds ownership: 25.06% → 28.12% (+3.1%)
1% more funds holding
Funds holding: 148 → 149 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
30% less call options, than puts
Call options by funds: $5.39M | Put options by funds: $7.73M
40% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 50
Top Buyers
| 1 |
Jane Street
New York
|
+$7.46M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.39M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$1.44M |
| 4 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
+$1.43M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.15M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PGCM
151
Prescott Group Capital Management
Tulsa,
Oklahoma
| – | -$734K | -9,000 | Closed |
|
|
AC
152
Anson Capital
Tyrone,
Georgia
| – | -$719K | -8,808 | Closed |
|
153
Brown Advisory
Baltimore,
Maryland
| – | -$445K | -5,455 | Closed |
|
|
CA
154
Cetera Advisors
Denver,
Colorado
| – | -$221K | -2,712 | Closed |
|
|
AWM
155
AE Wealth Management
Topeka,
Kansas
| – | -$214K | -2,627 | Closed |
|
|
TI
156
Trexquant Investment
Stamford,
Connecticut
| – | -$207K | -2,532 | Closed |
|
|
SAM
157
Synergy Asset Management
Vancouver,
Washington
| – | -$202K | -2,471 | Closed |
|
|
AAS
158
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$123K | -1,506 | Closed |
|
|
ASN
159
Advisory Services Network
Atlanta,
Georgia
| – | -$122K | -1,495 | Closed |
|
|
CF
160
Centaurus Financial
Anaheim,
California
| – | -$105K | -1,286 | Closed |
|
|
MRC
161
Millburn Ridgefield Corp
New York
| – | -$88.7K | -1,087 | Closed |
|
|
BAM
162
Belpointe Asset Management
Reno,
Nevada
| – | -$18.4K | -226 | Closed |
|
|
AWM
163
AllSquare Wealth Management
Albany,
New York
| – | -$8.16K | -100 | Closed |
|
REMX Hedge Fund Activity: Q2 2023 in Review
149 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in VanEck Rare Earth/Strategic Metals ETF (REMX) for Q2 2023, worth a combined $171M — up 11% from $154M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new REMX positions and 14 closed out — a net gain of 2 holders — while 30 added to existing stakes and 50 trimmed.
The largest buyer was Jane Street, adding an estimated $7.46M. The largest seller was Raymond James & Associates, cutting an estimated $2.5M.
- 149 institutional investors held VanEck Rare Earth/Strategic Metals ETF (REMX) as of Q2 2023, up from 148 in Q1 2023.
- Funds reported $171M of VanEck Rare Earth/Strategic Metals ETF stock for Q2 2023, up 11% quarter-over-quarter.
- 16 funds opened new VanEck Rare Earth/Strategic Metals ETF positions in Q2 2023 and 14 closed out, a net change of +2 holders.
- The largest VanEck Rare Earth/Strategic Metals ETF buyer in Q2 2023 was Jane Street, an estimated $7.46M added.
- The largest VanEck Rare Earth/Strategic Metals ETF seller in Q2 2023 was Raymond James & Associates, an estimated $2.5M sold.
Based on aggregated 13F filings for Q2 2023.