iShares S&P GSCI Commodity-Indexed Trust
GSG
116 hedge funds and large institutions have $806M invested in iShares S&P GSCI Commodity-Indexed Trust in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 20 increasing their positions, 35 reducing their positions, and 34 closing their positions.
318% more call options, than puts
Call options by funds: $184K | Put options by funds: $44K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.5% less ownership
Funds ownership: 67.35% → 64.85% (-2.5%)
12% less funds holding
Funds holding: 132 → 116 (-16)
15% less capital invested
Capital invested by funds: $954M → $806M (-$148M)
43% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 35
44% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$69.5M |
| 2 |
SIM
Strategic Investment Management
Arlington,
Virginia
|
+$14.8M |
| 3 |
Bank of New York Mellon
New York
|
+$9.12M |
| 4 |
Neuberger Berman Group
New York
|
+$2.36M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$8.18M |
| 2 |
JP Morgan Chase
New York
|
-$6.18M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.23M |
| 4 |
Morgan Stanley
New York
|
-$4.17M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.9M |
GSG Hedge Fund Activity: Q4 2018 in Review
116 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares S&P GSCI Commodity-Indexed Trust (GSG) for Q4 2018, worth a combined $806M — down 15% from $954M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of GSG and 19 opened new positions — a net loss of 15 holders — while 35 trimmed existing stakes and 20 added.
The largest buyer was BlackRock, adding an estimated $69.5M. The largest seller was Prime Capital Investment Advisors, cutting an estimated $8.18M.
- 116 institutional investors held iShares S&P GSCI Commodity-Indexed Trust (GSG) as of Q4 2018, down from 132 in Q3 2018.
- Funds reported $806M of iShares S&P GSCI Commodity-Indexed Trust stock for Q4 2018, down 15% quarter-over-quarter.
- 19 funds opened new iShares S&P GSCI Commodity-Indexed Trust positions in Q4 2018 and 34 closed out, a net change of -15 holders.
- The largest iShares S&P GSCI Commodity-Indexed Trust buyer in Q4 2018 was BlackRock, an estimated $69.5M added.
- The largest iShares S&P GSCI Commodity-Indexed Trust seller in Q4 2018 was Prime Capital Investment Advisors, an estimated $8.18M sold.
Based on aggregated 13F filings for Q4 2018.