Vault-13

VANECK ETF TRUST GDXJ

JUNIOR GOLD MINE · ETP · CUSIP 92189F791 · ISIN US92189F7915

265 institutional holders -19 vs Q4 2022
46,303,67846.3m shares reported held*
$1.8bnreported value*
36 new 75 added 75 reduced 52 sold out net sold ≈ $38.9m (-41.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($34.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.36. Options: 15 managers hold calls ($197.6m notional), 11 hold puts ($94.0m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 241Q4 22: 284Q1 23: 265265Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022241
Q4 2022284
Q1 2023265

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 141 bought or addedQ4 22: 98 cut or sold outQ4 22Q1 23: 111 bought or addedQ1 23: 127 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 202214198
Q1 2023111127

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300mQ3 22 calls: $272.2mQ3 22 puts: $129.2mQ3 22P/C 0.47Q4 22 calls: $290.2mQ4 22 puts: $120.0mQ4 22P/C 0.41Q1 23 calls: $197.6mQ1 23 puts: $94.0mQ1 23P/C 0.48
Numbers
QuarterCallsPutsP/C
Q3 2022$272.2m$129.2m0.47
Q4 2022$290.2m$120.0m0.41
Q1 2023$197.6m$94.0m0.48

Biggest buyers

TORONTO DOMINION BANK Added +1,562,959+1.6m
UBS Group AG Added +1,437,446+1.4m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +724,760+724.8k
TWO SIGMA INVESTMENTS, LP New +473,110+473.1k
Valiant Capital Management, L.P. New +380,000+380.0k
ROYAL BANK OF CANADA Added +363,586+363.6k
LMR Partners LLP New +319,626+319.6k
AMERIPRISE FINANCIAL INC Added +315,169+315.2k
Rafferty Asset Management, LLC Added +295,317+295.3k
Lingotto Investment Management LLP Added +285,000+285.0k

Biggest sellers

Beirne Wealth Consulting Services, LLC Reduced -42,048,449-42.0m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -1,250,000-1.2m
JANE STREET GROUP, LLC Reduced -1,097,078-1.1m
GOLDMAN SACHS GROUP INC Reduced -857,303-857.3k
Deer Park Road Corp Sold out -820,000-820.0k
CITIGROUP INC Reduced -774,057-774.1k
Twin Tree Management, LP Reduced -342,679-342.7k
Cadence Wealth Management LLC Sold out -333,401-333.4k
BANK OF AMERICA CORP /DE/ Reduced -271,831-271.8k
WELLS FARGO & COMPANY/MN Reduced -237,241-237.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $66.7m1.7m shares
CITADEL ADVISORS LLC Reduced $46.8m1.2m shares
Boundary Creek Advisors LP Reduced $31.6m800.0k shares
MILLENNIUM MANAGEMENT LLC New $13.8m350.0k shares
Jefferies Financial Group Inc. New $9.9m250.0k shares
CITIGROUP INC Reduced $7.9m200.0k shares
Balyasny Asset Management L.P. New $7.9m200.0k shares
Walleye Trading LLC Added $6.0m151.2k shares
RAYMOND JAMES & ASSOCIATES Added $2.8m55.3k shares
Cutler Group LLC / CA Reduced $1.3m341.1k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $39.6m1.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $32.1m813.2k shares
WELLS FARGO & COMPANY/MN New $6.8m173.4k shares
Walleye Trading LLC Added $6.1m155.0k shares
MARSHALL WACE, LLP Reduced $3.3m83.5k shares
Jefferies Financial Group Inc. New $3.0m75.0k shares
PEAK6 Investments LLC Reduced $1.4m36.0k shares
Balyasny Asset Management L.P. Unchanged $987.5k25.0k shares
Cutler Group LLC / CA Reduced $599.0k186.5k shares
Parallax Volatility Advisers, L.P. Reduced $75.0k1.9k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 TORONTO DOMINION BANK 0.21% of their portfolio TORONTO, ONTARIO, A6 3,325,5013.3m $131.3m $131.3m 0.21% Added +1.6m +1,562,959
2 Rafferty Asset Management, LLC 0.88% of their portfolio New York, NY 3,292,2573.3m $130.0m $130.0m 0.88% Added +295.3k +295,317
3 Lingotto Investment Management LLP 8.87% of their portfolio London, X0 3,136,2133.1m $123.9m $123.9m 8.87% Added +285.0k +285,000
4 Slate Path Capital LP 5.69% of their portfolio New York, NY 3,065,0003.1m $121.1m $121.1m 5.69% Unchanged
5 JANE STREET GROUP, LLC 0.20% of their portfolio NEW YORK, NY 2,984,4343.0m $117.9m $117.9m 0.20% Reduced -1.1m -1,097,078
6 CITIGROUP INC 0.15% of their portfolio NEW YORK, NY 2,886,1272.9m $114.0m $114.0m 0.15% Reduced -774.1k -774,057
7 BESSEMER GROUP INC 0.27% of their portfolio WOODBRIDGE, NJ 2,846,6502.8m $112.4m $112.4m 0.27% Unchanged
8 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 2,028,5102.0m $80.6m $80.6m 0.03% Added +11.3k +11,278
9 UBS Group AG 0.04% of their portfolio ZURICH, V8 2,008,4622.0m $79.3m $79.3m 0.04% Added +1.4m +1,437,446
10 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,633,3721.6m $64.5m $64.5m 0.01% Reduced -69.7k -69,682
11 BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio PARIS, I0 1,567,8731.6m $61.9m $61.9m 0.13% Added +272.8k +272,830
12 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,338,4881.3m $52.9m $52.9m 0.01% Added +148.4k +148,379
13 53 HOUSE LLP 12.10% of their portfolio LONDON, X0 1,219,1161.2m $48.2m $48.2m 12.10% Added +42.6k +42,635
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio BALA CYNWYD, PA 1,074,0071.1m $42.4m $42.4m 0.07% Added +724.8k +724,760
15 TEACHER RETIREMENT SYSTEM OF TEXAS 0.25% of their portfolio AUSTIN, TX 937,500937.5k $37.0m $37.0m 0.25% Added +137.5k +137,500
16 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 817,866817.9k $32.3m $32.3m 0.01% Added +363.6k +363,586
17 Heartwood Wealth Advisors LLC 3.66% of their portfolio RICHMOND, VA 621,740621.7k $24.6m $24.6m 3.66% Added +15.1k +15,091
18 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 594,583594.6k $23.5m $23.5m 0.01% Reduced -237.2k -237,241
19 SUN VALLEY GOLD LLC 13.43% of their portfolio Sun Valley, ID 540,900540.9k $21.4m $21.4m 13.43% Reduced -195.7k -195,670
20 TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio NEW YORK, NY 473,110473.1k $18.7m $18.7m 0.06% New
21 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 460,914460.9k $18.2m $18.2m 0.01% Added +87.6k +87,632
22 ROYCE & ASSOCIATES LP 0.16% of their portfolio New York, NY 400,400400.4k $15.8m $15.8m 0.16% Added +50.0k +50,000
23 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 385,438385.4k $15.2m $15.2m 0.00% Added +315.2k +315,169
24 Valiant Capital Management, L.P. 2.61% of their portfolio San Francisco, CA 380,000380.0k $15.0m $15.0m 2.61% New
25 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 320,770320.8k $12.7m $12.7m 0.03% Added +117.3k +117,281
26 LMR Partners LLP 0.23% of their portfolio LONDON, X0 319,626319.6k $12.6m $12.6m 0.23% New
27 Eschler Asset Management LLP 9.37% of their portfolio London, X0 300,000300.0k $11.8m $11.8m 9.37% Added +150.0k +150,000
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 270,203270.2k $10.7m $10.7m 0.00% Reduced -271.8k -271,831
29 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 256,042256.0k $10.1m $10.1m 0.02% Added +53.3k +53,263
30 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 242,600242.6k $9.6m $9.6m 0.02% New
31 Municipal Employees' Retirement System of Michigan 0.14% of their portfolio LANSING, MI 234,159234.2k $9.2m $9.2m 0.14% Reduced -45.9k -45,937
32 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 233,519233.5k $9.2m $9.2m 0.00% Reduced -857.3k -857,303
33 LONESTAR CAPITAL MANAGEMENT LLC 4.74% of their portfolio San Francisco, CA 225,000225.0k $8.9m $8.9m 4.74% Added +65.0k +65,000
34 MONEY CONCEPTS CAPITAL CORP 0.09% of their portfolio PALM BEACH GARDENS, FL 210,634210.6k $1.7m $1.7m 0.09% Added +164.9k +164,924
35 Twin Tree Management, LP 0.22% of their portfolio DALLAS, TX 195,851195.9k $7.7m $7.7m 0.22% Reduced -342.7k -342,679
36 Millburn Ridgefield LLC /DE/ 0.24% of their portfolio New York, NY 173,483173.5k $6.9m $6.9m 0.24% New
37 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 165,870165.9k $6.6m $6.6m 0.01% Added +122.9k +122,859
38 AJ WEALTH STRATEGIES, LLC 0.30% of their portfolio NEW YORK, NY 145,261145.3k $5.7m $5.7m 0.30% Reduced -1.9k -1,910
39 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 140,649140.6k $5.6m $5.6m 0.01% Added +44.5k +44,493
40 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 134,311134.3k $5.3m $5.3m 0.02% Reduced -227.6k -227,586
41 Sterling Manor Financial, LLC 5.13% of their portfolio Saratoga Springs, NY 133,803133.8k $5.3m $5.3m 5.13% New
42 Ballew Advisors, Inc 3.34% of their portfolio Jackson, MS 133,614133.6k $4.6m $4.6m 3.34% Reduced -5.0k -4,993
43 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 132,800132.8k $5.2m $5.2m 0.01% Added +33.3k +33,347
44 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 115,258115.3k $4.6m $4.6m 0.00% Added +5.8k +5,812
45 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 107,776107.8k $4.3m $4.3m 0.02% Added +5.9k +5,949
46 Lighthouse Investment Partners, LLC 0.34% of their portfolio Palm Beach Gardens, FL 100,000100.0k $4.0m $4.0m 0.34% New
47 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 91,14991.1k $3.6m $3.6m 0.00% Added +43.2k +43,181
48 HRT FINANCIAL LP 0.04% of their portfolio NEW YORK, NY 88,93788.9k $3.5m $3.5m 0.04% Reduced -95.9k -95,876
49 Nokomis Capital, L.L.C. 1.39% of their portfolio DALLAS, TX 86,51586.5k $3.4m $3.4m 1.39% Added +12.0k +12,000
50 CHELSEA COUNSEL CO 1.62% of their portfolio Woodland Hills, CA 84,25084.2k $3.3m $3.3m 1.62% Added +26.7k +26,675
51 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 82,02082.0k $3.2m $3.2m 0.00% Reduced -95.4k -95,375
52 New Harbor Financial Group, LLC 1.19% of their portfolio WORCESTER, MA 81,40281.4k $3.2m $3.2m 1.19% Reduced -411 -411
53 BARD ASSOCIATES INC 1.29% of their portfolio CHICAGO, IL 79,26979.3k $3.1m $3.1m 1.29% Added +1.5k +1,535
54 Sigma Planning Corp 0.10% of their portfolio ANN ARBOR, MI 78,69478.7k $3.1m $3.1m 0.10% Added +22.8k +22,820
55 COLDSTREAM CAPITAL MANAGEMENT INC 0.10% of their portfolio BELLEVUE, WA 78,30678.3k $3.1m $3.1m 0.10% Added +2.0k +1,959
56 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 78,23978.2k $3.1m $3.1m 0.01% Added +3.1k +3,110
57 Cutler Group LLC / CA 0.48% of their portfolio SAN FRANCISCO, CA 76,82176.8k $3.0m $3.0m 0.48% Reduced -36.6k -36,593
58 Kercheville Advisors, LLC 2.03% of their portfolio San Antonio, TX 75,05175.1k $3.0m $3.0m 2.03% Reduced -5.8k -5,850
59 Amundi 0.00% of their portfolio Paris, I0 75,00075.0k $3.1m $3.1m 0.00% Unchanged
60 Bridge Advisory, LLC 1.14% of their portfolio PASADENA, CA 74,80674.8k $3.0m $3.0m 1.14% Added +103 +103
61 Ergoteles LLC 0.11% of their portfolio NEW YORK, NY 70,75470.8k $2.8m $2.8m 0.11% Reduced -65.0k -64,992
62 SMITH, MOORE & CO. 0.37% of their portfolio CLAYTON, MO 69,36969.4k $2.7m $2.7m 0.37% Reduced -419 -419
63 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 68,47368.5k $2.7m $2.7m 0.01% Added +31.7k +31,708
64 Main Street Financial Solutions, LLC 0.37% of their portfolio NEWTOWN, PA 63,87563.9k $2.5m $2.5m 0.37% Reduced -4.6k -4,575
65 NWAM LLC 0.24% of their portfolio MERCER ISLAND, WA 61,04161.0k $2.4m $2.4m 0.24% Added +10.7k +10,675
66 Atlantic Union Bankshares Corp 0.24% of their portfolio GLEN ALLEN, VA 58,38058.4k $2.3m $2.3m 0.24% Unchanged
67 Simplicity Solutions, LLC 0.06% of their portfolio MINNEAPOLIS, MN 54,01954.0k $2.1m $2.1m 0.06% New
68 Bleakley Financial Group, LLC 0.07% of their portfolio PARSIPPANY, NJ 54,01954.0k $2.1m $2.1m 0.07% Added +4.0k +3,967
69 Knoll Capital Management, LLC 3.51% of their portfolio MIAMI, FL 53,15053.1k $2.1m $2.1m 3.51% Unchanged
70 HOLLENCREST CAPITAL MANAGEMENT 0.22% of their portfolio NEWPORT BEACH, CA 51,84551.8k $2.0m $2.0m 0.22% Unchanged
71 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 51,25151.3k $2.0m $2.0m 0.00% Reduced -19.7k -19,730
72 WEXFORD CAPITAL LP 0.41% of their portfolio WEST PALM BEACH, FL 50,00050.0k $2.0m $2.0m 0.41% New
73 Crabel Capital Management, LLC 0.88% of their portfolio MILWAUKEE, WI 49,98350.0k $2.0m $2.0m 0.88% Reduced -84 -84
74 Arete Wealth Advisors, LLC 0.16% of their portfolio CHICAGO, IL 49,12549.1k $1.9m $1.9m 0.16% Added +897 +897
75 PRELUDE CAPITAL MANAGEMENT, LLC 0.13% of their portfolio NEW YORK, NY 48,68748.7k $1.9m $1.9m 0.13% Reduced -4.2k -4,248
76 K.J. Harrison & Partners Inc 0.38% of their portfolio TORONTO, A6 47,01847.0k $1.9m $1.9m 0.38% Added +1.9k +1,890
77 DCF Advisers, LLC 1.31% of their portfolio MOUNT PLEASANT, SC 45,00045.0k $1.8m $1.8m 1.31% Unchanged
78 MOON CAPITAL MANAGEMENT LP 1.61% of their portfolio NEW YORK, NY 40,62740.6k $1.6m $1.6m 1.61% Unchanged
79 LEVEL FOUR ADVISORY SERVICES, LLC 0.11% of their portfolio DALLAS, TX 40,52940.5k $1.6m $1.6m 0.11% Added +23.9k +23,933
80 Realta Investment Advisors 0.38% of their portfolio WILMINGTON, DE 39,85039.9k $1.6m $1.6m 0.38% Added +3.9k +3,877
81 OneDigital Investment Advisors LLC 0.04% of their portfolio OVERLAND PARK, KS 38,63938.6k $1.5m $1.5m 0.04% Reduced -726 -726
82 ESSEX INVESTMENT MANAGEMENT CO LLC 0.22% of their portfolio BOSTON, MA 38,62838.6k $1.5m $1.5m 0.22% Added +1.8k +1,840
83 HORIZON KINETICS ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 38,29138.3k $1.5m $1.5m 0.03% Reduced -4.5k -4,465
84 ONE PLUS ONE WEALTH MANAGEMENT, LLC 1.06% of their portfolio JUPITER, FL 37,95838.0k $1.5m $1.5m 1.06% Added +7.4k +7,397
85 EASTERLY INVESTMENT PARTNERS LLC 0.13% of their portfolio BEVERLY, MA 37,49237.5k $1.5m $1.5m 0.13% Added +1.9k +1,850
86 Parallax Volatility Advisers, L.P. 0.05% of their portfolio San Francisco, CA 37,12937.1k $1.5m $1.5m 0.05% Added +14.3k +14,302
87 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 36,74636.7k $1.5m $1.5m 0.00% Reduced -711 -711
88 Valence8 US LP 0.81% of their portfolio Cambridge, MA 34,74434.7k $1.4m $1.4m 0.81% Reduced -18.5k -18,510
89 West Family Investments, Inc. 0.54% of their portfolio CARLSBAD, CA 34,50034.5k $1.4m $1.4m 0.54% Unchanged
90 LINCOLN NATIONAL CORP 0.03% of their portfolio RADNOR, PA 32,85032.9k $1.3m $1.3m 0.03% New
91 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 31,72531.7k $1.3m $1.3m 0.01% Reduced -4.3k -4,325
92 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 30,12330.1k $1.2m $1.2m 0.01% Added +1.3k +1,274
93 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 29,84029.8k $1.2m $1.2m 0.01% Reduced -5.0k -4,975
94 COURAGE CAPITAL MANAGEMENT LLC 2.82% of their portfolio NASHVILLE, TN 29,76029.8k $1.2m $1.2m 2.82% Unchanged
95 Prospera Financial Services Inc 0.05% of their portfolio Dallas, TX 28,73728.7k $1.1m $1.1m 0.05% Added +12.3k +12,350
96 Sowell Financial Services LLC 0.09% of their portfolio NORTH LITTLE ROCK, AR 28,46328.5k $1.1m $1.1m 0.09% Reduced -2.6k -2,630
97 Beirne Wealth Consulting Services, LLC 0.76% of their portfolio SHELTON, CT 27,52727.5k $1.1m $1.1m 0.76% Reduced -42.0m -42,048,449
98 EVERGREEN CAPITAL MANAGEMENT LLC 0.05% of their portfolio Bellevue, WA 27,52027.5k $1.1m $1.1m 0.05% Unchanged
99 LGL PARTNERS, LLC 0.19% of their portfolio PHILADELPHIA, PA 27,48727.5k $1.1m $1.1m 0.19% Reduced -200 -200
100 BOSTON FINANCIAL MANGEMENT LLC 0.04% of their portfolio BOSTON, MA 26,60026.6k $1.1m $1.1m 0.04% Added +13.1k +13,105