Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Vaneck ETF Trust (GDXJ)

471 + Investors. Track Smart Money conviction in GDXJ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +20
Streak
5Q ▲
Buyers last Q
47%

Smart Money Signals — GDXJ

Based on 475 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added GDXJ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
475 hedge funds hold GDXJ right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +40% more funds vs a year ago

fund count last 6Q
+136 new funds entered over the past year (+40% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 47% buying

213 buying238 selling
Last quarter: 238 funds reduced or exited vs 213 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-14 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 75 → 72 → 102 → 88. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 23% medium ■ 27% new
237 out of 475 hedge funds have held GDXJ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

69 → 75 → 72 → 102 → 88 new funds/Q
New funds entering each quarter: 75 → 72 → 102 → 88. A growing number of institutions are discovering GDXJ each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 58% veterans vs 30% newcomers

■ 58% veterans ■ 12% 1-2yr ■ 30% new
Entry-cohort mix of 502 holders: 293 (58%) are 2+ year veterans, 58 entered 1–2 years ago, and 151 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
29 of 469 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in GDXJ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — GDXJ

In 2026 Q1, 213 hedge funds were net buyers of GDXJ (88 opened a new position, 125 added to an existing one), while 238 reduced or exited (170 trimmed, 68 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 52% of total institutional value in GDXJ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +20 funds (more new holders than closures). Total institutional holders: 475.

Hedge Fund Ownership: GDXJ

How many hedge funds hold GDXJ — quarterly history vs. share price
Quarterly hedge fund ownership of GDXJ vs. share price

Market Analysis: GDXJ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: GDXJ

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Vaneck ETF Trust (GDXJ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much GDXJ has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 76d ago
GDXJ
-13.1%
SPY
+14.1%

GDXJ outperformed SPY by -27.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
GDXJ
-10.4%
SPY
+0.3%

Since the filing became public, GDXJ outperformed SPY by -10.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 16 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
5.3
/ 10
conviction
Hedge Fund Positioning: GDXJ
471 + Investors

Track Smart Money conviction in GDXJ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 471 455 3.52%
13F Shares 50M 53M -6.03%
Total Value $5.87B $6.06B -3.06%
New Positions 87 102 -15
Increased Positions 120 127 -7
Closed Positions 71 55 +16
Reduced Positions 159 137 +22
Total Calls 17 18 -5.56%
Total Puts 16 21 -23.81%
PUT/CALL Ratio 0.94 1.17 Neutral

Statistics: GDXJ

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Institutional Holders (2026 Q1)

471 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in GDXJ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 GDXJ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Eschler Asset Management LLP 25.18% 210,448 $25.3M
2 Professional Financial Management, Inc. 11.12% 86,188 $9.8M
3 Panview Capital Ltd 8.77% 341,365 $41.0M
4 Spruce Point Capital Management, LLC 5.93% 44,880 $5.4M
5 Abbington Investment Group 5.53% 79,138 $9.5M
6 Intrepid Family Office LLC 4.85% 50,000 $6.0M
7 Lingotto Investment Management LLP 4.72% 1,990,572 $238.9M
8 Nearwater Capital Markets, Ltd 4.64% 1,638,000 $196.6M
9 Medici Capital LLC 4.48% 30,300 $3.6M
10 Fielder Capital Group LLC 3.79% 144,938 $17.4M
11 Copley Financial Group, Inc. 3.39% 46,824 $5.6M
12 Kercheville Advisors, LLC 3.28% 85,371 $10.2M
13 Heartwood Wealth Advisors LLC 3.12% 298,166 $35.8M
14 MRA Advisory Group 2.71% 55,337 $6.6M
15 Riggs Asset Managment Co. Inc. 2.55% 102,970 $12.4M
16 Bearing Point Capital, LLC 2.53% 134,624 $16.2M
17 TCFG Investment Advisors, LLC 2.46% 54,816 $6.6M
18 Tcfg Wealth Management, LLC 2.46% 54,816 $6.6M
19 Deltroit Asset Management (UK) LLP 2.16% 112,000 $13.4M
20 Corecam AG 2.11% 20,600 $2.5M
21 Anson Funds Management LP 2.11% 200,000 $24.0M
22 Cura Wealth Advisors, LLC 2.03% 37,796 $4.5M
23 Realta Investment Advisors 1.97% 47,214 $5.7M
24 Vanderbilt University 1.89% 83,060 $10.0M
25 Corecam Pte. Ltd. 1.85% 35,480 $4.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Vaneck ETF Trust (GDXJ)

What does the Smart Money Trend signal show for GDXJ?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added GDXJ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for GDXJ?

More sellers than buyers — 47% buying: Last quarter: 238 funds reduced or exited vs 213 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for GDXJ holders?

Elite ownership — 52% AUM from top-100 funds: 29 of 469 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in GDXJ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held GDXJ?

50% of holders stayed for 2+ years: 237 out of 475 hedge funds have held GDXJ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Vaneck ETF Trust (GDXJ) following the 2026 Q1 hedge fund 13F filings?

As of today, GDXJ has moved -10.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -10.7%. Since the quarter end (March 31, 2026), GDXJ has gained -13.1% vs +14.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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