We are live on ! Find out more
AAAU icon

Goldman Sachs Physical Gold ETF Shares
AAAU

248 hedge funds and large institutions have $998M invested in Goldman Sachs Physical Gold ETF Shares in 2026 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 70 increasing their positions, 90 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

358% more call options, than puts

Call options by funds: $5.31M | Put options by funds: $1.16M

132% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 19

20% more funds holding in top 10

Funds holding in top 10: 10 → 12 (+2)

9% more funds holding

Funds holding: 227 → 248 (+21)

0.6% more ownership

Funds ownership: 33.85% → 34.45% (+0.6%)

22% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 90

42% less capital invested

Capital invested by funds: $1.72B → $998M (-$723M)

Holders
248
Holders Change
+21
Holders Change %
+9.25%
% of All Funds
3.05%
Holding in Top 10
12
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+20%
% of All Funds
0.15%
New
44
Increased
70
Reduced
90
Closed
19
Calls
$5.31M
Puts
$1.16M
Net Calls
+$4.15M
Net Calls Change
+$3.54M

Top Buyers

1
QC
Quadrature Capital
United Kingdom
+$27M
2
VF
Virtu Financial
New York
+$24.3M
3
PCP
Proficio Capital Partners
Massachusetts
+$20.7M
4
NIM
NEOS Investment Management
Connecticut
+$19.8M
5
Goldman Sachs
Goldman Sachs
New York
+$9.63M

Top Sellers

1
JSC
J. Stern & Co
United Kingdom
-$902M
2
ETC
Exchange Traded Concepts
Oklahoma
-$8.97M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$5.35M
4
OPCM
Osborne Partners Capital Management
California
-$5.25M
5
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
-$4.85M
Name Holding Trade Value Shares
Change 		Change in
Stake
BA
226
Ballast Advisors
Minnesota
$33.7K +$35.1K +730 New
GF
227
GGM Financials
Ohio
$26.9K – – –
IAIM
228
International Assets Investment Management
Florida
$24.9K – – –
TRCT
229
Tower Research Capital (TRC)
New York
$24.2K +$25.2K +524 New
HI
230
Harbour Investments
Wisconsin
$24K +$25K +520 New
CAL
231
Capital Analysts LLC
Pennsylvania
$23K +$24.2K +503 New
KB
232
Kimelman & Baird
New York
$10.4K – – –
Northwestern Mutual Wealth Management
233
Northwestern Mutual Wealth Management
Wisconsin
$7.85K +$6.83K +142 +507%
IRC
234
Investors Research Corp
Georgia
$7.02K – – –
MWA
235
Medallion Wealth Advisors
Connecticut
$6.97K – – –
GBT
236
Grove Bank & Trust
Florida
$6.79K – – –
AFG
237
Albion Financial Group
Utah
$4.62K +$4.81K +100 New
CWM
238
Copia Wealth Management
Oregon
$4.57K -$6.3K -131 -57%
GC
239
Gould Capital
Washington
$4.53K – – –
AWA
240
Acumen Wealth Advisors
Tennessee
$2.91K – – –
TCM
241
Tradewinds Capital Management
Washington
$2.08K – – –
SFG
242
Strive Financial Group
Indiana
$2K +$433 +9 +22%
CFD
243
Creative Financial Designs
Indiana
$1.75K – – –
HNB
244
Huntington National Bank
Ohio
$1.62K – – –
SIC
245
Salem Investment Counselors
North Carolina
$1.39K +$1.44K +30 New
MG
246
Mather Group
Illinois
$1.29K +$1.35K +28 New
JWA
247
JFS Wealth Advisors
Pennsylvania
$970 -$1.44K -30 -59%
IW
248
Imprint Wealth
South Carolina
$277 – – –
Wells Fargo
249
Wells Fargo
California
$147 -$113K -2,346 -100%
JSC
250
J. Stern & Co
United Kingdom
– -$902M -902,486 Closed
7 8 9
10
11

AAAU Hedge Fund Activity: Q1 2026 in Review

248 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs Physical Gold ETF Shares (AAAU) for Q1 2026, worth a combined $998M — down 42% from $1.72B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new AAAU positions and 19 closed out — a net gain of 25 holders — while 70 added to existing stakes and 90 trimmed.

The largest buyer was Quadrature Capital, opening a new position worth an estimated $27M. The largest seller was J. Stern & Co, exiting entirely with an estimated $902M sold.

  • 248 institutional investors held Goldman Sachs Physical Gold ETF Shares (AAAU) as of Q1 2026, up from 227 in Q4 2025.
  • Funds reported $998M of Goldman Sachs Physical Gold ETF Shares stock for Q1 2026, down 42% quarter-over-quarter.
  • 44 funds opened new Goldman Sachs Physical Gold ETF Shares positions in Q1 2026 and 19 closed out, a net change of +25 holders.
  • The largest Goldman Sachs Physical Gold ETF Shares buyer in Q1 2026 was Quadrature Capital, an estimated $27M added.
  • The largest Goldman Sachs Physical Gold ETF Shares seller in Q1 2026 was J. Stern & Co, an estimated $902M sold.

Based on aggregated 13F filings for Q1 2026.