Vault-13

VANECK ETF TRUST GDXJ

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

266 institutional holders +1 vs Q1 2023
51,169,30751.2m shares reported held*
$1.8bnreported value*
30 new 78 added 70 reduced 32 sold out net bought ≈ $1.3m (-132.7k 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 ($260.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.76. Options: 12 managers hold calls ($219.0m notional), 10 hold puts ($72.1m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 241Q4 22: 284Q1 23: 265Q2 23: 266266Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022241
Q4 2022284
Q1 2023265
Q2 2023266

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 23Q2 23: 108 bought or addedQ2 23: 102 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202214198
Q1 2023111127
Q2 2023108102

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 0.48Q2 23 calls: $219.0mQ2 23 puts: $72.1mQ2 23P/C 0.33
Numbers
QuarterCallsPutsP/C
Q3 2022$272.2m$129.2m0.47
Q4 2022$290.2m$120.0m0.41
Q1 2023$197.6m$94.0m0.48
Q2 2023$219.0m$72.1m0.33

Biggest buyers

JANE STREET GROUP, LLC Added +1,571,718+1.6m
HRT FINANCIAL LP Added +1,124,372+1.1m
BANK OF AMERICA CORP /DE/ Added +998,705+998.7k
CITADEL ADVISORS LLC New +435,672+435.7k
CQS (US), LLC New +419,500+419.5k
Quantitative Investment Management, LLC New +227,256+227.3k
TWO SIGMA INVESTMENTS, LP Added +222,590+222.6k
TWO SIGMA ADVISERS, LP Added +150,700+150.7k
SIMPLEX TRADING, LLC New +145,671+145.7k
STIFEL FINANCIAL CORP Added +141,434+141.4k

Biggest sellers

UBS Group AG Reduced -1,327,559-1.3m
JPMORGAN CHASE & CO Reduced -1,319,260-1.3m
53 HOUSE LLP Sold out -1,219,116-1.2m
CITIGROUP INC Reduced -592,334-592.3k
TORONTO DOMINION BANK Reduced -493,499-493.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -394,543-394.5k
BNP PARIBAS FINANCIAL MARKETS Reduced -366,658-366.7k
Millburn Ridgefield LLC /DE/ Sold out -173,483-173.5k
MONEY CONCEPTS CAPITAL CORP Reduced -168,204-168.2k
Sterling Manor Financial, LLC Sold out -133,803-133.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $118.7m3.3m shares
CITADEL ADVISORS LLC Reduced $38.1m1.1m shares
Squarepoint Ops LLC New $18.4m516.7k shares
BANK OF MONTREAL /CAN/ New $13.3m351.3k shares
PEAK6 Investments LLC Added $7.3m203.7k shares
Jefferies Financial Group Inc. Reduced $7.1m200.0k shares
Walleye Trading LLC Reduced $5.2m144.8k shares
Nokomis Capital, L.L.C. Added $5.0m140.7k shares
RAYMOND JAMES & ASSOCIATES Added $4.0m79.6k shares
MARSHALL WACE, LLP Added $1.6m45.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $34.9m979.7k shares
CITADEL ADVISORS LLC Reduced $28.8m806.9k shares
Squarepoint Ops LLC New $2.9m80.0k shares
Walleye Trading LLC Reduced $2.1m60.0k shares
MARSHALL WACE, LLP Reduced $1.6m45.4k shares
Balyasny Asset Management L.P. Unchanged $891.5k25.0k shares
Cutler Group LLC / CA Added $675.0k194.5k shares
TWO SIGMA SECURITIES, LLC New $203.3k5.7k shares
HAP Trading, LLC Reduced $19.7k14.6k shares
HighTower Advisors, LLC New $9966 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Alaska Permanent Fund Corp 3.38% of their portfolio JUNEAU, AK 4,824,3954.8m $172.0m $172.0m 3.38% First filing
2 JANE STREET GROUP, LLC 0.22% of their portfolio NEW YORK, NY 4,556,1524.6m $162.5m $162.5m 0.22% Added +1.6m +1,571,718
3 Rafferty Asset Management, LLC 0.67% of their portfolio New York, NY 3,333,5353.3m $118.9m $118.9m 0.67% Added +41.3k +41,278
4 Lingotto Investment Management LLP 7.23% of their portfolio London, X0 3,136,2133.1m $111.8m $111.8m 7.23% Unchanged
5 Slate Path Capital LP 4.00% of their portfolio New York, NY 3,065,0003.1m $109.3m $109.3m 4.00% Unchanged
6 BESSEMER GROUP INC 0.22% of their portfolio WOODBRIDGE, NJ 2,846,6502.8m $101.5m $101.5m 0.22% Unchanged
7 TORONTO DOMINION BANK 0.07% of their portfolio TORONTO, ONTARIO, A6 2,832,0022.8m $100.9m $100.9m 0.07% Reduced -493.5k -493,499
8 CITIGROUP INC 0.11% of their portfolio NEW YORK, NY 2,293,7932.3m $81.8m $81.8m 0.11% Reduced -592.3k -592,334
9 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 2,116,5252.1m $80.2m $80.2m 0.03% Added +88.0k +88,015
10 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,642,3991.6m $58.6m $58.6m 0.01% Added +9.0k +9,027
11 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,268,9081.3m $45.2m $45.2m 0.01% Added +998.7k +998,705
12 HRT FINANCIAL LP 0.41% of their portfolio NEW YORK, NY 1,213,3091.2m $43.3m $43.3m 0.41% Added +1.1m +1,124,372
13 BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio PARIS, I0 1,201,2151.2m $42.8m $42.8m 0.08% Reduced -366.7k -366,658
14 TEACHER RETIREMENT SYSTEM OF TEXAS 0.22% of their portfolio AUSTIN, TX 937,500937.5k $33.4m $33.4m 0.22% Unchanged
15 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 916,340916.3k $32.7m $32.7m 0.01% Added +98.5k +98,474
16 TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio NEW YORK, NY 695,700695.7k $24.8m $24.8m 0.07% Added +222.6k +222,590
17 UBS Group AG 0.01% of their portfolio ZURICH, V8 680,903680.9k $24.3m $24.3m 0.01% Reduced -1.3m -1,327,559
18 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 679,464679.5k $24.2m $24.2m 0.04% Reduced -394.5k -394,543
19 Heartwood Wealth Advisors LLC 3.19% of their portfolio RICHMOND, VA 631,568631.6k $22.5m $22.5m 3.19% Added +9.8k +9,828
20 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 576,952577.0k $20.6m $20.6m 0.01% Reduced -17.6k -17,631
21 SUN VALLEY GOLD LLC 12.33% of their portfolio Sun Valley, ID 540,900540.9k $19.3m $19.3m 12.33% Unchanged
22 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 484,992485.0k $17.3m $17.3m 0.01% Added +24.1k +24,078
23 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 435,672435.7k $15.5m $15.5m 0.02% New
24 CQS (US), LLC 1.80% of their portfolio NEW YORK, NY 419,500419.5k $15.0m $15.0m 1.80% New
25 TWO SIGMA ADVISERS, LP 0.04% of their portfolio NEW YORK, NY 393,300393.3k $14.0m $14.0m 0.04% Added +150.7k +150,700
26 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 352,447352.4k $12.7m $12.7m 0.03% Added +31.7k +31,677
27 LMR Partners LLP 0.28% of their portfolio LONDON, X0 349,272349.3k $12.5m $12.5m 0.28% Added +29.6k +29,646
28 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 347,245347.2k $12.4m $12.4m 0.00% Reduced -38.2k -38,193
29 ROYCE & ASSOCIATES LP 0.11% of their portfolio New York, NY 331,926331.9k $11.8m $11.8m 0.11% Reduced -68.5k -68,474
30 Valiant Capital Management, L.P. 1.62% of their portfolio San Francisco, CA 318,300318.3k $11.4m $11.4m 1.62% Reduced -61.7k -61,700
31 Eschler Asset Management LLP 15.18% of their portfolio London, X0 300,000300.0k $10.7m $10.7m 15.18% Unchanged
32 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 282,083282.1k $10.1m $10.1m 0.01% Added +141.4k +141,434
33 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 256,469256.5k $9.1m $9.1m 0.01% Added +90.6k +90,599
34 Municipal Employees' Retirement System of Michigan 0.12% of their portfolio LANSING, MI 234,159234.2k $8.3m $8.3m 0.12% Unchanged
35 Quantitative Investment Management, LLC 0.77% of their portfolio CHARLOTTESVILLE, VA 227,256227.3k $8.1m $8.1m 0.77% New
36 LONESTAR CAPITAL MANAGEMENT LLC 4.22% of their portfolio San Francisco, CA 225,000225.0k $8.0m $8.0m 4.22% Unchanged
37 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 223,986224.0k $8.0m $8.0m 0.01% Reduced -32.1k -32,056
38 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 199,748199.7k $7.1m $7.1m 0.00% Reduced -33.8k -33,771
39 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 192,166192.2k $6.9m $6.9m 0.02% Added +57.9k +57,855
40 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 171,866171.9k $6.1m $6.1m 0.02% Added +39.1k +39,066
41 GTS SECURITIES LLC 0.18% of their portfolio NEW YORK, NY 160,159160.2k $5.7m $5.7m 0.18% First filing
42 Twin Tree Management, LP 0.11% of their portfolio DALLAS, TX 151,998152.0k $5.4m $5.4m 0.11% Reduced -43.9k -43,853
43 SIMPLEX TRADING, LLC 0.22% of their portfolio CHICAGO, IL 145,671145.7k $5.2m $5.2m 0.22% New
44 AJ WEALTH STRATEGIES, LLC 0.25% of their portfolio NEW YORK, NY 145,261145.3k $5.2m $5.2m 0.25% Unchanged
45 Ballew Advisors, Inc 3.49% of their portfolio Jackson, MS 133,156133.2k $4.8m $4.8m 3.49% Reduced -458 -458
46 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 113,324113.3k $4.0m $4.0m 0.01% Added +5.5k +5,548
47 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 112,759112.8k $4.0m $4.0m 0.00% Added +21.6k +21,610
48 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 110,058110.1k $3.9m $3.9m 0.00% Added +58.8k +58,807
49 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 108,211108.2k $3.9m $3.9m 0.00% Reduced -7.0k -7,047
50 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 107,983108.0k $3.9m $3.9m 0.01% New
51 Walleye Trading LLC 0.19% of their portfolio NEW YORK, NY 99,92699.9k $3.6m $3.6m 0.19% Added +94.5k +94,506
52 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 97,12497.1k $3.5m $3.5m 0.02% Added +74.2k +74,226
53 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 95,20095.2k $3.4m $3.4m 0.00% New
54 Nokomis Capital, L.L.C. 1.13% of their portfolio DALLAS, TX 86,51586.5k $3.1m $3.1m 1.13% Unchanged
55 CHELSEA COUNSEL CO 1.48% of their portfolio Woodland Hills, CA 84,25084.2k $3.0m $3.0m 1.48% Unchanged
56 Sigma Planning Corp 0.11% of their portfolio ANN ARBOR, MI 82,87282.9k $3.0m $3.0m 0.11% Added +4.2k +4,178
57 New Harbor Financial Group, LLC 0.87% of their portfolio WORCESTER, MA 80,43380.4k $2.9m $2.9m 0.87% Reduced -969 -969
58 BARD ASSOCIATES INC 1.09% of their portfolio CHICAGO, IL 78,98479.0k $2.8m $2.8m 1.09% Reduced -285 -285
59 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 77,83177.8k $2.8m $2.8m 0.01% Reduced -408 -408
60 Kercheville Advisors, LLC 1.67% of their portfolio San Antonio, TX 77,35177.4k $2.8m $2.8m 1.67% Added +2.3k +2,300
61 Amundi 0.00% of their portfolio Paris, I0 75,00075.0k $2.7m $2.7m 0.00% Unchanged
62 Bridge Advisory, LLC 0.98% of their portfolio PASADENA, CA 74,59774.6k $2.7m $2.7m 0.98% Reduced -209 -209
63 SMITH, MOORE & CO. 0.32% of their portfolio CLAYTON, MO 70,67970.7k $2.5m $2.5m 0.32% Added +1.3k +1,310
64 LINCOLN NATIONAL CORP 0.05% of their portfolio RADNOR, PA 66,98067.0k $2.4m $2.4m 0.05% Added +34.1k +34,130
65 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 63,23363.2k $2.2m $2.2m 0.00% Reduced -5.2k -5,240
66 HOLLENCREST CAPITAL MANAGEMENT 0.23% of their portfolio NEWPORT BEACH, CA 61,84561.8k $2.2m $2.2m 0.23% Added +10.0k +10,000
67 Main Street Financial Solutions, LLC 0.29% of their portfolio NEWTOWN, PA 60,37560.4k $2.2m $2.2m 0.29% Reduced -3.5k -3,500
68 NWAM LLC 0.17% of their portfolio MERCER ISLAND, WA 59,64159.6k $2.1m $2.1m 0.17% Reduced -1.4k -1,400
69 COLDSTREAM CAPITAL MANAGEMENT INC 0.06% of their portfolio BELLEVUE, WA 56,75656.8k $2.0m $2.0m 0.06% Reduced -21.6k -21,550
70 Simplicity Solutions, LLC 0.05% of their portfolio MINNEAPOLIS, MN 55,73055.7k $2.0m $2.0m 0.05% Added +1.7k +1,711
71 Bleakley Financial Group, LLC 0.06% of their portfolio PARSIPPANY, NJ 55,73055.7k $2.0m $2.0m 0.06% Added +1.7k +1,711
72 Atlantic Union Bankshares Corp 0.20% of their portfolio GLEN ALLEN, VA 55,46355.5k $2.0m $2.0m 0.20% Reduced -2.9k -2,917
73 Brevan Howard Capital Management LP 0.35% of their portfolio ST. HELIER, Y9 53,56653.6k $1.9m $1.9m 0.35% New
74 Knoll Capital Management, LLC 2.32% of their portfolio MIAMI, FL 53,15053.1k $1.9m $1.9m 2.32% Unchanged
75 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 52,02652.0k $1.9m $1.9m 0.00% New
76 Cutler Group LLC / CA 0.43% of their portfolio SAN FRANCISCO, CA 51,40051.4k $1.8m $1.8m 0.43% Reduced -25.4k -25,421
77 DCF Advisers, LLC 1.23% of their portfolio MOUNT PLEASANT, SC 50,00050.0k $1.8m $1.8m 1.23% Added +5.0k +5,000
78 Arete Wealth Advisors, LLC 0.16% of their portfolio CHICAGO, IL 49,46249.5k $1.8m $1.8m 0.16% Added +337 +337
79 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 45,80545.8k $1.6m $1.6m 0.00% Added +9.1k +9,059
80 K.J. Harrison & Partners Inc 0.29% of their portfolio TORONTO, A6 45,13845.1k $1.6m $1.6m 0.29% Reduced -1.9k -1,880
81 PRELUDE CAPITAL MANAGEMENT, LLC 0.13% of their portfolio NEW YORK, NY 43,76143.8k $1.6m $1.6m 0.13% Reduced -4.9k -4,926
82 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 43,24743.2k $1.5m $1.5m 0.00% Added +32.3k +32,324
83 PHILADELPHIA TRUST CO 0.15% of their portfolio PHILADELPHIA, PA 43,08143.1k $1.5m $1.5m 0.15% New
84 MONEY CONCEPTS CAPITAL CORP 0.15% of their portfolio PALM BEACH GARDENS, FL 42,43042.4k $1.5m $1.5m 0.15% Reduced -168.2k -168,204
85 FLOW TRADERS U.S. LLC 0.06% of their portfolio NEW YORK, NY 41,46641.5k $1.5m $1.5m 0.06% New
86 LEVEL FOUR ADVISORY SERVICES, LLC 0.09% of their portfolio DALLAS, TX 40,85740.9k $1.5m $1.5m 0.09% Added +328 +328
87 MOON CAPITAL MANAGEMENT LP 1.65% of their portfolio NEW YORK, NY 40,62740.6k $1.4m $1.4m 1.65% Unchanged
88 Lighthouse Investment Partners, LLC 0.11% of their portfolio Palm Beach Gardens, FL 40,00040.0k $1.4m $1.4m 0.11% Reduced -60.0k -60,000
89 BOSTON FINANCIAL MANGEMENT LLC 0.05% of their portfolio BOSTON, MA 39,20039.2k $1.4m $1.4m 0.05% Added +12.6k +12,600
90 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 38,80838.8k $1.4m $1.4m 0.03% Added +169 +169
91 ONE PLUS ONE WEALTH MANAGEMENT, LLC 0.88% of their portfolio JUPITER, FL 38,74238.7k $1.4m $1.4m 0.88% Added +784 +784
92 ESSEX INVESTMENT MANAGEMENT CO LLC 0.19% of their portfolio BOSTON, MA 38,62838.6k $1.4m $1.4m 0.19% Unchanged
93 EASTERLY INVESTMENT PARTNERS LLC 0.12% of their portfolio BEVERLY, MA 38,09238.1k $1.4m $1.4m 0.12% Added +600 +600
94 HORIZON KINETICS ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 37,21837.2k $1.3m $1.3m 0.03% Reduced -1.1k -1,073
95 West Family Investments, Inc. 0.48% of their portfolio CARLSBAD, CA 34,50034.5k $1.2m $1.2m 0.48% Unchanged
96 INSIGNEO ADVISORY SERVICES, LLC 0.22% of their portfolio MIAMI, FL 31,89731.9k $1.1m $1.1m 0.22% Added +14.8k +14,788
97 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 31,74731.7k $1.2m $1.2m 0.01% Added +1.6k +1,624
98 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 31,74131.7k $1.1m $1.1m 0.00% Added +8.1k +8,056
99 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 31,39531.4k $1.1m $1.1m 0.01% Added +1.6k +1,555
100 CI INVESTMENTS INC. 0.01% of their portfolio TORONTO, Z4 31,00031.0k $1.1m $1.1m 0.01% Added +31.0k +30,999