MKP Capital Management, L.L.C.: VANECK ETF TRUST (GDX): Quarterly 13F Position History
As of Q2 2026, MKP Capital Management, L.L.C. reported 712,500 shares of VANECK ETF TRUST (GDX), worth $53.8M and representing 1.5% of its 13F equity book. Quarter-over-quarter share count change: + 515,500 (+261.7%) . The position first appeared in Q2 2022 and has been disclosed across 17 13F-HR filings in Pactolio's tracked window.
- 712,500Shares Held (Latest Filing)
- $53.8MReported Market Value (Latest Filing)
- 1.5%Portfolio Weight (% of 13F Equity Book)
- +515,500Quarter-over-Quarter Share Change
- +$35.7MQuarter-over-Quarter Value Change
- 1,500,000Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 17 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 712,500 | +515,500 | +261.7% | $53.8M | 1.5% | $75.5 |
| Q1 2026 | 197,000 | +197,000 | – | $18.1M | 0.6% | $91.8 |
| Q4 2025 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2025 | 0 | 0 | – | $0 | 0.0% | – |
| Q2 2025 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2025 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q2 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2024 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q2 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q1 2023 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2022 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2022 | 0 | 1,500,000 | -100.0% | $0 | 0.0% | – |
| Q2 2022 | 1,500,000 | – | – | $41.1M | 13.7% | $27.4 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did MKP Capital Management, L.L.C. first disclose a GDX position in 13F-HR filings?
MKP Capital Management, L.L.C. first reported VANECK ETF TRUST (GDX) on its 13F-HR filing for the period ending 2022-06-30 (Q2 2022). The position has appeared on 17 reported quarters within Pactolio's tracked window.
What was MKP Capital Management, L.L.C.'s most recent quarter-over-quarter share-count change in GDX?
Between Q1 2026 and Q2 2026, MKP Capital Management, L.L.C. added 515,500 shares of GDX (+261.7%), bringing the total reported position to 712,500 shares at a market value of $53.8M.
Does the implied price-per-share represent MKP Capital Management, L.L.C.'s cost basis in GDX?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.