Vault-13

VANECK ETF TRUST GDXJ

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

326 institutional holders +21 vs Q2 2024
58,233,24658.2m shares reported held*
$2.8bnreported value*
55 new 81 added 98 reduced 40 sold out net sold ≈ $191.7m (-3.9m 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 ($154.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.88. Options: 28 managers hold calls ($481.0m notional), 27 hold puts ($502.1m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 241Q4 22: 284Q1 23: 265Q2 23: 266Q3 23: 262Q4 23: 305Q1 24: 299Q2 24: 305Q3 24: 326326Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022241
Q4 2022284
Q1 2023265
Q2 2023266
Q3 2023262
Q4 2023305
Q1 2024299
Q2 2024305
Q3 2024326

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 outQ1 23: 111 bought or addedQ1 23: 127 cut or sold outQ1 23Q2 23: 108 bought or addedQ2 23: 102 cut or sold outQ3 23: 84 bought or addedQ3 23: 121 cut or sold outQ3 23Q4 23: 134 bought or addedQ4 23: 113 cut or sold outQ1 24: 134 bought or addedQ1 24: 130 cut or sold outQ1 24Q2 24: 124 bought or addedQ2 24: 138 cut or sold outQ3 24: 136 bought or addedQ3 24: 138 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 202214198
Q1 2023111127
Q2 2023108102
Q3 202384121
Q4 2023134113
Q1 2024134130
Q2 2024124138
Q3 2024136138

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ4 23 calls: $882.2mQ4 23 puts: $192.0mQ4 23P/C 0.22Q1 24 calls: $272.3mQ1 24 puts: $219.7mQ1 24P/C 0.81Q2 24 calls: $373.3mQ2 24 puts: $204.5mQ2 24P/C 0.55Q3 24 calls: $481.0mQ3 24 puts: $502.1mQ3 24P/C 1.04
Numbers
QuarterCallsPutsP/C
Q4 2023$882.2m$192.0m0.22
Q1 2024$272.3m$219.7m0.81
Q2 2024$373.3m$204.5m0.55
Q3 2024$481.0m$502.1m1.04

Biggest buyers

BNP PARIBAS FINANCIAL MARKETS Added +2,379,021+2.4m
Invesco Ltd. New +1,762,400+1.8m
Quadrature Capital Ltd New +1,094,757+1.1m
Waratah Capital Advisors Ltd. New +759,307+759.3k
Capitolis Liquid Global Markets LLC Added +624,000+624.0k
CAPITAL FUND MANAGEMENT S.A. New +532,016+532.0k
OLD MISSION CAPITAL LLC Added +453,838+453.8k
Public Sector Pension Investment Board New +450,000+450.0k
TEACHER RETIREMENT SYSTEM OF TEXAS Added +410,000+410.0k
MARSHALL WACE, LLP New +244,056+244.1k

Biggest sellers

JANE STREET GROUP, LLC Reduced -2,118,198-2.1m
BlueCrest Capital Management Ltd Sold out -1,557,622-1.6m
Rokos Capital Management LLP Sold out -1,422,147-1.4m
Alaska Permanent Fund Corp Reduced -1,246,127-1.2m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -1,096,197-1.1m
TORONTO DOMINION BANK Reduced -1,006,917-1.0m
BANK OF NOVA SCOTIA Sold out -1,000,000-1.0m
BANK OF MONTREAL /CAN/ Reduced -769,260-769.3k
JPMORGAN CHASE & CO Reduced -635,890-635.9k
Lingotto Investment Management LLP Reduced -531,694-531.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $144.3m3.0m shares
CITADEL ADVISORS LLC Reduced $101.9m2.1m shares
Graham Capital Management, L.P. New $65.4m1.3m shares
UBS Group AG Added $34.7m710.0k shares
CITIGROUP INC New $28.3m580.0k shares
Monaco Asset Management SAM New $19.5m400.0k shares
JANE STREET GROUP, LLC New $17.7m363.5k shares
PEAK6 Investments LLC Reduced $15.3m312.8k shares
WOLVERINE TRADING, LLC Added $14.3m288.7k shares
Squarepoint Ops LLC Unchanged $9.8m200.0k shares

Biggest puts

JANE STREET GROUP, LLC New $80.2m1.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $77.0m1.6m shares
CITADEL ADVISORS LLC Added $60.6m1.2m shares
CITIGROUP INC Added $51.3m1.1m shares
BNP PARIBAS FINANCIAL MARKETS New $36.6m7.5k shares
Twin Tree Management, LP Added $34.8m713.6k shares
Graham Capital Management, L.P. New $31.2m640.0k shares
UBS Group AG Added $22.5m460.6k shares
MARSHALL WACE, LLP Added $18.2m373.1k shares
Walleye Trading LLC Added $14.6m299.8k 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Alaska Permanent Fund Corp 4.67% of their portfolio JUNEAU, AK 6,527,5226.5m $318.6m $318.6m 4.67% Reduced -1.2m -1,246,127
2 UBS Group AG 0.05% of their portfolio ZURICH, V8 3,805,6053.8m $185.8m $185.8m 0.05% Added +181.9k +181,889
3 BANK OF MONTREAL /CAN/ 0.09% of their portfolio TORONTO, A6 3,755,2513.8m $186.3m $186.3m 0.09% Reduced -769.3k -769,260
4 BNP PARIBAS FINANCIAL MARKETS 0.18% of their portfolio PARIS, I0 3,746,6673.7m $182.9m $182.9m 0.18% Added +2.4m +2,379,021
5 JANE STREET GROUP, LLC 0.27% of their portfolio NEW YORK, NY 3,417,2343.4m $166.8m $166.8m 0.27% Reduced -2.1m -2,118,198
6 BESSEMER GROUP INC 0.23% of their portfolio WOODBRIDGE, NJ 2,846,6502.8m $138.9m $138.9m 0.23% Unchanged
7 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,510,7482.5m $122.5m $122.5m 0.00% Reduced -635.9k -635,890
8 Lingotto Investment Management LLP 3.39% of their portfolio London, X0 2,408,6782.4m $117.6m $117.6m 3.39% Reduced -531.7k -531,694
9 Rafferty Asset Management, LLC 0.39% of their portfolio New York, NY 2,305,0562.3m $112.5m $112.5m 0.39% Added +120.3k +120,288
10 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,964,8682.0m $95.9m $95.9m 0.01% Reduced -13.9k -13,866
11 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 1,762,4001.8m $86.0m $86.0m 0.02% New
12 Capitolis Liquid Global Markets LLC 0.78% of their portfolio NEW YORK, NY 1,514,0001.5m $73.9m $73.9m 0.78% Added +624.0k +624,000
13 Slate Path Capital LP 1.20% of their portfolio New York, NY 1,473,0001.5m $71.9m $71.9m 1.20% Reduced -492.0k -492,000
14 Quadrature Capital Ltd 1.21% of their portfolio LONDON, X0 1,094,7571.1m $53.5m $53.5m 1.21% New
15 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 954,697954.7k $46.6m $46.6m 0.01% Added +69.6k +69,631
16 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 930,670930.7k $45.4m $45.4m 0.04% Reduced -211.1k -211,101
17 TEACHER RETIREMENT SYSTEM OF TEXAS 0.21% of their portfolio AUSTIN, TX 902,500902.5k $44.1m $44.1m 0.21% Added +410.0k +410,000
18 Cetera Investment Advisers 0.09% of their portfolio SCHAUMBURG, IL 824,244824.2k $40.2m $40.2m 0.09% Added +89.8k +89,802
19 Maple Rock Capital Partners Inc. 2.17% of their portfolio Toronto, A6 781,982782.0k $38.2m $38.2m 2.17% Reduced -314.5k -314,500
20 Waratah Capital Advisors Ltd. 2.21% of their portfolio TORONTO, A6 759,307759.3k $37.1m $37.1m 2.21% New
21 Heartwood Wealth Advisors LLC 3.97% of their portfolio RICHMOND, VA 734,020734.0k $35.8m $35.8m 3.97% Added +4.0k +3,975
22 Panview Asian Equity Master Fund 6.78% of their portfolio CENTRAL, K3 597,000597.0k $29.1m $29.1m 6.78% Added +12.0k +12,000
23 OLD MISSION CAPITAL LLC 0.61% of their portfolio CHICAGO, IL 573,550573.5k $28.0m $28.0m 0.61% Added +453.8k +453,838
24 CAPITAL FUND MANAGEMENT S.A. 0.29% of their portfolio PARIS, I0 532,016532.0k $26.0m $26.0m 0.29% New
25 THOR INVESTMENT MANAGEMENT INC /OH/ /ADV 16.22% of their portfolio CINCINNATI, OH 455,355455.4k $22.2m $22.2m 16.22% Reduced -5.8k -5,812
26 Public Sector Pension Investment Board 0.12% of their portfolio MONTREAL, A8 450,000450.0k $22.0m $22.0m 0.12% New
27 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 428,139428.1k $20.9m $20.9m 0.00% Added +181.1k +181,142
28 Monaco Asset Management SAM 8.61% of their portfolio Monaco, O9 421,368421.4k $20.6m $20.6m 8.61% Added +231.9k +231,868
29 ROYCE & ASSOCIATES LP 0.18% of their portfolio New York, NY 406,258406.3k $19.8m $19.8m 0.18% Reduced -75.7k -75,668
30 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 389,451389.5k $19.0m $19.0m 0.01% Added +5.0k +5,044
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 381,262381.3k $18.6m $18.6m 0.00% Reduced -271.7k -271,707
32 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 321,401321.4k $15.7m $15.7m 0.03% Reduced -1.1m -1,096,197
33 Twin Tree Management, LP 0.34% of their portfolio DALLAS, TX 297,229297.2k $14.5m $14.5m 0.34% Added +201.6k +201,598
34 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 283,772283.8k $13.9m $13.9m 0.02% Added +15.3k +15,311
35 Gemsstock Ltd. 6.69% of their portfolio London, X0 283,300283.3k $13.8m $13.8m 6.69% Unchanged
36 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 270,850270.9k $13.2m $13.2m 0.00% Added +59.2k +59,219
37 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 244,056244.1k $11.9m $11.9m 0.02% New
38 Corecam Pte. Ltd. 7.43% of their portfolio SINGAPORE, U0 232,800232.8k $11.4m $11.4m 7.43% Reduced -51.0k -51,000
39 DAVENPORT & Co LLC 0.07% of their portfolio RICHMOND, VA 230,977231.0k $11.3m $11.3m 0.07% Added +225.8k +225,800
40 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 226,466226.5k $11.1m $11.1m 0.01% Reduced -3.1k -3,135
41 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 221,371221.4k $10.8m $10.8m 0.01% Added +15.0k +14,996
42 Vanderbilt University 1.94% of their portfolio NASHVILLE, TN 214,340214.3k $10.5m $10.5m 1.94% Unchanged
43 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 179,568179.6k $8.8m $8.8m 0.01% Added +16.1k +16,050
44 Fielder Capital Group LLC 2.33% of their portfolio NASHVILLE, TN 144,225144.2k $7.0m $7.0m 2.33% Unchanged
45 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 142,543142.5k $7.0m $7.0m 0.01% New
46 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 136,490136.5k $6.7m $6.7m 0.02% Added +9.0k +8,990
47 NWAM LLC 0.34% of their portfolio MERCER ISLAND, WA 114,450114.5k $5.6m $5.6m 0.34% New
48 Kercheville Advisors, LLC 2.30% of their portfolio San Antonio, TX 111,601111.6k $5.4m $5.4m 2.30% Added +14.2k +14,200
49 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 100,368100.4k $4.9m $4.9m 0.01% Reduced -73.0k -73,031
50 Ballew Advisors, Inc 3.19% of their portfolio Jackson, MS 100,043100.0k $4.8m $4.8m 3.19% Reduced -38.1k -38,093
51 Nokomis Capital, L.L.C. 2.02% of their portfolio DALLAS, TX 92,51592.5k $4.5m $4.5m 2.02% Unchanged
52 EVERGREEN CAPITAL MANAGEMENT LLC 0.14% of their portfolio Bellevue, WA 85,16585.2k $4.2m $4.2m 0.14% Reduced -64.9k -64,865
53 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 83,55783.6k $4.1m $4.1m 0.00% Added +66.5k +66,515
54 OMERS ADMINISTRATION Corp 0.04% of their portfolio TORONTO, A6 83,30083.3k $4.1m $4.1m 0.04% Added +45.2k +45,200
55 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 81,55381.6k $4.0m $4.0m 0.01% Added +8.6k +8,644
56 HOLLENCREST CAPITAL MANAGEMENT 0.16% of their portfolio NEWPORT BEACH, CA 79,71679.7k $3.9m $3.9m 0.16% Added +2.9k +2,941
57 BARD ASSOCIATES INC 1.27% of their portfolio CHICAGO, IL 76,18776.2k $3.7m $3.7m 1.27% Reduced -1.3k -1,260
58 PCG Wealth Advisors, LLC 1.43% of their portfolio OVERLAND PARK, KS 75,98876.0k $3.7m $3.7m 1.43% Added +48.8k +48,847
59 EASTERLY INVESTMENT PARTNERS LLC 0.28% of their portfolio BEVERLY, MA 72,11272.1k $3.5m $3.5m 0.28% Unchanged
60 BOSTON FINANCIAL MANGEMENT LLC 0.10% of their portfolio BOSTON, MA 72,00072.0k $3.5m $3.5m 0.10% Added +2.5k +2,500
61 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 71,27171.3k $3.5m $3.5m 0.00% Reduced -88 -88
62 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 70,25770.3k $3.4m $3.4m 0.00% New
63 Amundi 0.00% of their portfolio Paris, I0 70,00070.0k $3.3m $3.3m 0.00% Reduced -5.0k -5,000
64 Cubist Systematic Strategies, LLC 0.05% of their portfolio STAMFORD, CT 68,53968.5k $3.3m $3.3m 0.05% Added +52.3k +52,295
65 SMITH, MOORE & CO. 0.31% of their portfolio CLAYTON, MO 65,96166.0k $3.2m $3.2m 0.31% Added +135 +135
66 New Harbor Financial Group, LLC 0.92% of their portfolio WORCESTER, MA 65,54265.5k $3.2m $3.2m 0.92% Reduced -2.5k -2,483
67 Prospera Financial Services Inc 0.08% of their portfolio Dallas, TX 65,35265.4k $3.2m $3.2m 0.08% Reduced -644 -644
68 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 64,71964.7k $3.2m $3.2m 0.00% Reduced -102.7k -102,743
69 BANQUE PICTET & CIE SA 0.03% of their portfolio GENEVA 73, V8 60,00060.0k $2.9m $2.9m 0.03% Unchanged
70 Freemont Management S.A. 1.53% of their portfolio VAUD, V8 60,00060.0k $2.9m $2.9m 1.53% New
71 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 56,74356.7k $2.8m $2.8m 0.00% Added +30.6k +30,631
72 Banco BTG Pactual S.A. 0.72% of their portfolio RIO DE JANEIRO, D5 56,61056.6k $2.8m $2.8m 0.72% Unchanged
73 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 56,40256.4k $2.8m $2.8m 0.00% Reduced -1.1k -1,134
74 Walleye Trading LLC 0.07% of their portfolio NEW YORK, NY 56,03156.0k $2.7m $2.7m 0.07% New
75 Marathon Strategic Advisors, LLC 2.87% of their portfolio PITTSBURGH, PA 55,71455.7k $2.7m $2.7m 2.87% Added +12.3k +12,348
76 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 54,53954.5k $2.7m $2.7m 0.01% Reduced -52.6k -52,598
77 Atlantic Union Bankshares Corp 0.15% of their portfolio GLEN ALLEN, VA 53,17753.2k $2.6m $2.6m 0.15% Unchanged
78 WOLVERINE TRADING, LLC 0.07% of their portfolio CHICAGO, IL 53,05853.1k $2.6m $2.6m 0.07% Added +25.7k +25,711
79 Main Street Financial Solutions, LLC 0.23% of their portfolio NEWTOWN, PA 52,43552.4k $2.6m $2.6m 0.23% Reduced -65 -65
80 GTS SECURITIES LLC 0.05% of their portfolio NEW YORK, NY 52,16952.2k $2.5m $2.5m 0.05% Added +15.5k +15,532
81 SIMPLEX TRADING, LLC 0.09% of their portfolio CHICAGO, IL 51,83251.8k $2.5m $2.5m 0.09% Reduced -28.2k -28,188
82 DRW Securities, LLC 0.13% of their portfolio CHICAGO, IL 49,70549.7k $2.4m $2.4m 0.13% New
83 IHT Wealth Management, LLC 0.07% of their portfolio Chicago, IL 49,25049.2k $2.4m $2.4m 0.07% Reduced -20.4k -20,443
84 Bridge Advisory, LLC 1.11% of their portfolio PASADENA, CA 47,95748.0k $2.3m $2.3m 1.11% Reduced -1.4k -1,360
85 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 47,00047.0k $2.3m $2.3m 0.01% Added +19.6k +19,600
86 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 46,32546.3k $2.3m $2.3m 0.00% Reduced -1.0m -1,006,917
87 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 44,60044.6k $2.2m $2.2m 0.00% Added +21.2k +21,200
88 K.J. Harrison & Partners Inc 0.36% of their portfolio TORONTO, A6 44,15944.2k $2.4m $2.4m 0.36% Reduced -4 -4
89 TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 0.33% of their portfolio NEW YORK, NY 43,67243.7k $2.1m $2.1m 0.33% New
90 INSIGNEO ADVISORY SERVICES, LLC 0.21% of their portfolio MIAMI, FL 42,49542.5k $2.1m $2.1m 0.21% Added +2.9k +2,925
91 Riggs Asset Managment Co. Inc. 0.57% of their portfolio DALLAS, PA 42,47342.5k $2.1m $2.1m 0.57% Added +42.0k +41,978
92 MOON CAPITAL MANAGEMENT LP 1.44% of their portfolio NEW YORK, NY 40,62740.6k $2.0m $2.0m 1.44% Unchanged
93 OneDigital Investment Advisors LLC 0.02% of their portfolio OVERLAND PARK, KS 40,62640.6k $2.0m $2.0m 0.02% Reduced -6.2k -6,196
94 MONEY CONCEPTS CAPITAL CORP 0.15% of their portfolio PALM BEACH GARDENS, FL 40,17740.2k $2.0m $2.0m 0.15% Added +329 +329
95 Lighthouse Investment Partners, LLC 0.11% of their portfolio Palm Beach Gardens, FL 40,00040.0k $2.0m $2.0m 0.11% New
96 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 37,31437.3k $1.8m $1.8m 0.01% Reduced -638 -638
97 RIA Advisory Group LLC 0.63% of their portfolio Des Moines, IA 36,49836.5k $1.8m $1.8m 0.63% First filing
98 CHELSEA COUNSEL CO 0.87% of their portfolio Woodland Hills, CA 36,08036.1k $1.8m $1.8m 0.87% Unchanged
99 ARDSLEY ADVISORY PARTNERS LP 0.32% of their portfolio Norwalk, CT 35,00035.0k $1.7m $1.7m 0.32% New
100 Artisan Partners Limited Partnership 0.00% of their portfolio Milwaukee, WI 35,00035.0k $1.7m $1.7m 0.00% New