Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Vaneck ETF Trust (GDXJ)

456 + 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
↓ -12
Streak
1Q ▼
Buyers last Q
51%

Smart Money Signals — GDXJ

Based on 463 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their GDXJ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
463 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 — +24% more funds vs a year ago

fund count last 6Q
+89 new funds entered over the past year (+24% 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.
🟡

Slight buying edge — 51% buying

221 buying212 selling
Last quarter: 221 funds bought or added vs 212 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-20 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 72 → 103 → 88 → 68. 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.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 25% medium ■ 22% new
246 out of 463 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.
💎

Buying through price weakness — shares -5%, value -26%

Value
-25%
Shares
-4%
Last quarter: funds added -5% more shares while total portfolio value only changed -26%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~68 new funds/quarter

76 → 72 → 103 → 88 → 68 new funds/Q
New funds entering each quarter: 72 → 103 → 88 → 68. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 59% veterans vs 28% newcomers

■ 59% veterans ■ 13% 1-2yr ■ 28% new
Entry-cohort mix of 492 holders: 292 (59%) are 2+ year veterans, 64 entered 1–2 years ago, and 136 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
34 of 457 holders are among the 100 largest funds by AUM, controlling 53% 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.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 Q2, 221 hedge funds were net buyers of GDXJ (68 opened a new position, 153 added to an existing one), while 212 reduced or exited (132 trimmed, 80 sold completely) — a 51% buyer ratio, indicating a slight buying edge. 53% of total institutional value in GDXJ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -12 funds (more exits than new entries). Total institutional holders: 463.

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.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

16 top-rated funds 12 high-conviction
Consensus
5.3
/ 10
breadth
×
Elite
4.8
/ 10
conviction
Hedge Fund Positioning: GDXJ
456 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 456 475 -4.0%
13F Shares 48M 50M -4.67%
Total Value $4.36B $5.87B -25.71%
New Positions 67 88 -21
Increased Positions 144 120 +24
Closed Positions 80 69 +11
Reduced Positions 123 162 -39
Total Calls 19 17 11.76%
Total Puts 15 16 -6.25%
PUT/CALL Ratio 0.79 0.94 Neutral

Statistics: GDXJ

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Institutional Holders (2026 Q2)

456 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Thor Investment Management Inc /Oh/ /Adv 13.99% 423,356 $16.0M
2 Professional Financial Management, Inc. 8.55% 85,849 $8.4M
3 Panview Capital Ltd 7.02% 405,853 $39.9M
4 Spruce Point Capital Management, LLC 5.10% 30,000 $2.9M
5 Abbington Investment Group 4.92% 78,613 $7.7M
6 Intrepid Family Office LLC 3.63% 50,000 $4.9M
7 Copley Financial Group, Inc. 3.30% 55,468 $5.4M
8 Fielder Capital Group LLC 3.08% 144,938 $14.2M
9 Freemont Management S.A. 2.85% 30,000 $2.9M
10 Eschler Asset Management LLP 2.49% 14,245 $1.4M
11 Heartwood Wealth Advisors LLC 2.36% 309,297 $30.4M
12 Thompson David Blair 2.35% 34,190 $4.1M
13 Vanderbilt University 2.28% 169,290 $16.6M
14 Bearing Point Capital, LLC 2.23% 168,267 $16.5M
15 MRA Advisory Group 2.04% 57,166 $5.6M
16 Kercheville Advisors, LLC 1.92% 64,321 $6.3M
17 Corecam AG 1.87% 22,250 $2.2M
18 Riggs Asset Managment Co. Inc. 1.86% 105,969 $10.4M
19 TCFG Investment Advisors, LLC 1.85% 56,036 $5.5M
20 Corecam Pte. Ltd. 1.84% 49,430 $4.9M
21 Spruce Point Capital Management, LLC 1.70% 10,000 $982K
22 Cura Wealth Advisors, LLC 1.64% 39,096 $3.8M
23 Moon Capital Management LP 1.59% 23,927 $2.4M
24 Chelsea Counsel Co 1.47% 35,260 $3.5M
25 Realta Investment Advisors 1.42% 46,514 $4.6M
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their GDXJ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for GDXJ?

Slight buying edge — 51% buying: Last quarter: 221 funds bought or added vs 212 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for GDXJ holders?

Elite ownership — 53% AUM from top-100 funds: 34 of 457 holders are among the 100 largest funds by AUM, controlling 53% 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?

53% of holders stayed for 2+ years: 246 out of 463 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.

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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