Panview Capital Ltd: VANECK ETF TRUST (GDX): Quarterly 13F Position History
As of Q1 2026, Panview Capital Ltd reported 478,146 shares of VANECK ETF TRUST (GDX), worth $43.9M and representing 9.4% of its 13F equity book. Quarter-over-quarter share count change: 95,154 (-16.6%) . The position first appeared in Q4 2024 and has been disclosed across 6 13F-HR filings in Pactolio's tracked window.
- 478,146Shares Held (Latest Filing)
- $43.9MReported Market Value (Latest Filing)
- 9.4%Portfolio Weight (% of 13F Equity Book)
- 95,154Quarter-over-Quarter Share Change
- -$5.3MQuarter-over-Quarter Value Change
- 838,300Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 6 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 478,146 | 95,154 | -16.6% | $43.9M | 9.4% | $91.8 |
| Q4 2025 | 573,300 | 75,000 | -11.6% | $49.2M | 17.7% | $85.8 |
| Q3 2025 | 648,300 | 120,000 | -15.6% | $49.5M | 21.1% | $76.4 |
| Q2 2025 | 768,300 | 8,000 | -1.0% | $40.0M | 12.7% | $52.1 |
| Q1 2025 | 776,300 | 62,000 | -7.4% | $35.7M | 13.5% | $46.0 |
| Q4 2024 | 838,300 | — | — | $28.4M | 6.1% | $33.9 |
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, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Panview Capital Ltd first disclose a GDX position in 13F-HR filings?
Panview Capital Ltd first reported VANECK ETF TRUST (GDX) on its 13F-HR filing for the period ending 2024-12-31 (Q4 2024). The position has appeared on 6 reported quarters within Pactolio's tracked window.
What was Panview Capital Ltd's most recent quarter-over-quarter share-count change in GDX?
Between Q4 2025 and Q1 2026, Panview Capital Ltd reduced its GDX position by 95,154 shares (-16.6%), leaving 478,146 shares at a market value of $43.9M.
Does the implied price-per-share represent Panview Capital Ltd'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.