Goldman Sachs Dynamic California Municipal Income ETF
GCAL
7 hedge funds and large institutions have $7.77M invested in Goldman Sachs Dynamic California Municipal Income ETF in 2025 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
32% more capital invested
Capital invested by funds: $5.89M → $7.77M (+$1.88M)
17% more funds holding
Funds holding: 6 → 7 (+1)
0.46% less ownership
Funds ownership: 78.15% → 77.69% (-0.46%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$992K |
| 2 |
FMN
Financial Management Network
Mission Viejo,
California
|
+$664K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$365K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$306K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$391K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$12.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Goldman Sachs
New York
| $5.07M | +$992K | +19,677 | +24% |
|
|
FMN
2
Financial Management Network
Mission Viejo,
California
| $1.25M | +$664K | +13,171 | +108% |
|
|
FTUS
3
Flow Traders U.S.
New York
| $587K | +$365K | +7,241 | +162% |
|
|
4
Jane Street
New York
| $329K | -$391K | -7,763 | -54% |
|
|
5
Citadel Advisors
Miami,
Florida
| $305K | +$306K | +6,078 | New |
|
|
6
HighTower Advisors
Chicago,
Illinois
| $202K | -$12.6K | -250 | -6% |
|
7
UBS Group
Zurich,
Switzerland
| $19.9K | – | – | – |
|
GCAL Hedge Fund Activity: Q1 2025 in Review
7 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs Dynamic California Municipal Income ETF (GCAL) for Q1 2025, worth a combined $7.77M — up 32% from $5.89M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new GCAL positions and 0 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $992K. The largest seller was Jane Street, cutting an estimated $391K.
- 7 institutional investors held Goldman Sachs Dynamic California Municipal Income ETF (GCAL) as of Q1 2025, up from 6 in Q4 2024.
- Funds reported $7.77M of Goldman Sachs Dynamic California Municipal Income ETF stock for Q1 2025, up 32% quarter-over-quarter.
- 1 fund opened new Goldman Sachs Dynamic California Municipal Income ETF positions in Q1 2025 and 0 closed out, a net change of +1 holder.
- The largest Goldman Sachs Dynamic California Municipal Income ETF buyer in Q1 2025 was Goldman Sachs, an estimated $992K added.
- The largest Goldman Sachs Dynamic California Municipal Income ETF seller in Q1 2025 was Jane Street, an estimated $391K sold.
Based on aggregated 13F filings for Q1 2025.