iShares S&P GSCI Commodity-Indexed Trust
GSG
138 hedge funds and large institutions have $579M invested in iShares S&P GSCI Commodity-Indexed Trust in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 45 reducing their positions, and 27 closing their positions.
128% more call options, than puts
Call options by funds: $1.5M | Put options by funds: $657K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
1.25% more ownership
Funds ownership: 58.52% → 59.78% (+1.3%)
7% less funds holding
Funds holding: 149 → 138 (-11)
14% less capital invested
Capital invested by funds: $672M → $579M (-$93.5M)
22% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 45
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$37M |
| 2 |
Morgan Stanley
New York
|
+$16.9M |
| 3 |
Neuberger Berman Group
New York
|
+$16.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.85M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.86M |
Top Sellers
| 1 |
SLI
Sumitomo Life Insurance
Tokyo,
Japan
|
-$66.4M |
| 2 |
Jane Street
New York
|
-$21.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.03M |
| 4 |
Bank of New York Mellon
New York
|
-$4.64M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4.2M |
GSG Hedge Fund Activity: Q4 2023 in Review
138 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares S&P GSCI Commodity-Indexed Trust (GSG) for Q4 2023, worth a combined $579M — down 14% from $672M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of GSG and 17 opened new positions — a net loss of 10 holders — while 45 trimmed existing stakes and 35 added.
The largest buyer was JP Morgan Chase, adding an estimated $37M. The largest seller was Sumitomo Life Insurance, exiting entirely with an estimated $66.4M sold.
- 138 institutional investors held iShares S&P GSCI Commodity-Indexed Trust (GSG) as of Q4 2023, down from 149 in Q3 2023.
- Funds reported $579M of iShares S&P GSCI Commodity-Indexed Trust stock for Q4 2023, down 14% quarter-over-quarter.
- 17 funds opened new iShares S&P GSCI Commodity-Indexed Trust positions in Q4 2023 and 27 closed out, a net change of -10 holders.
- The largest iShares S&P GSCI Commodity-Indexed Trust buyer in Q4 2023 was JP Morgan Chase, an estimated $37M added.
- The largest iShares S&P GSCI Commodity-Indexed Trust seller in Q4 2023 was Sumitomo Life Insurance, an estimated $66.4M sold.
Based on aggregated 13F filings for Q4 2023.