Goldman Sachs Physical Gold ETF Shares
AAAU
242 hedge funds and large institutions have $882M invested in Goldman Sachs Physical Gold ETF Shares in 2026 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 79 increasing their positions, 88 reducing their positions, and 30 closing their positions.
415% more call options, than puts
Call options by funds: $3.22M | Put options by funds: $625K
1.7% more ownership
Funds ownership: 34.45% → 36.15% (+1.7%)
0% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 30
2% less funds holding
Funds holding: 248 → 242 (-6)
10% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 88
12% less capital invested
Capital invested by funds: $998M → $882M (-$115M)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWM
Heirloom Wealth Management
Greenwood Village,
Colorado
|
+$36.8M |
| 2 |
NIM
NEOS Investment Management
Westport,
Connecticut
|
+$33.9M |
| 3 |
MYIA
Mount Yale Investment Advisors
Denver,
Colorado
|
+$9.28M |
| 4 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$9.27M |
| 5 |
WFA
Wellspring Financial Advisors
Cleveland,
Ohio
|
+$7.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
-$25.9M |
| 2 |
VF
Virtu Financial
New York
|
-$19.1M |
| 3 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$13.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.86M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$5.56M |
AAAU Hedge Fund Activity: Q2 2026 in Review
242 institutional investors reported a position in Goldman Sachs Physical Gold ETF Shares (AAAU) for Q2 2026, worth a combined $882M — down 12% from $998M a quarter earlier.
Fund positioning in AAAU was balanced in Q2 2026: 30 funds opened new positions, 30 closed out, 79 added to existing stakes and 88 trimmed.
The largest buyer was Heirloom Wealth Management, adding an estimated $36.8M. The largest seller was Quadrature Capital, exiting entirely with an estimated $25.9M sold.
- 242 institutional investors held Goldman Sachs Physical Gold ETF Shares (AAAU) as of Q2 2026, down from 248 in Q1 2026.
- Funds reported $882M of Goldman Sachs Physical Gold ETF Shares stock for Q2 2026, down 12% quarter-over-quarter.
- 30 funds opened new Goldman Sachs Physical Gold ETF Shares positions in Q2 2026 and 30 closed out, a net change of 0 holders.
- The largest Goldman Sachs Physical Gold ETF Shares buyer in Q2 2026 was Heirloom Wealth Management, an estimated $36.8M added.
- The largest Goldman Sachs Physical Gold ETF Shares seller in Q2 2026 was Quadrature Capital, an estimated $25.9M sold.
Based on aggregated 13F filings for Q2 2026.