iShares S&P GSCI Commodity-Indexed Trust
GSG
96 hedge funds and large institutions have $764M invested in iShares S&P GSCI Commodity-Indexed Trust in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 17 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 18
8% more capital invested
Capital invested by funds: $705M → $764M (+$59.5M)
3.81% more ownership
Funds ownership: 67.83% → 71.64% (+3.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 104 → 96 (-8)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$70.8M |
| 2 |
JP Morgan Chase
New York
|
+$68.6M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.9M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$1.61M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$12M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.31M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.05M |
| 4 |
BS
Banco Santander
Madrid,
Spain
|
-$2.7M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZF
101
Zhang Financial
Portage,
Michigan
| – | -$435K | -27,942 | Closed |
|
|
ACP
102
Aveo Capital Partners
Englewood,
Colorado
| – | -$306K | -19,554 | Closed |
|
|
RJFSA
103
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$262K | -16,702 | Closed |
|
|
FI
104
FormulaFolio Investments
Grand Rapids,
Michigan
| – | -$232K | -14,814 | Closed |
|
|
PAG
105
Private Advisor Group
Morristown,
New Jersey
| – | -$204K | -13,237 | Closed |
|
|
AL
106
Aspiriant LLC
Los Angeles,
California
| – | -$160K | -10,240 | Closed |
|
|
RJA
107
Raymond James & Associates
St Petersburg,
Florida
| – | -$160K | -10,239 | Closed |
|
|
NFG
108
Next Financial Group
Houston,
Texas
| – | -$41K | -2,602 | Closed |
|
|
CG
109
Cutler Group
San Francisco,
California
| – | -$36K | -2,300 | Closed |
|
|
EF
110
Empirical Finance
Havertown,
Pennsylvania
| – | -$27K | -1,669 | Closed |
|
111
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$15K | -945 | Closed |
|
GSG Hedge Fund Activity: Q1 2017 in Review
96 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in iShares S&P GSCI Commodity-Indexed Trust (GSG) for Q1 2017, worth a combined $764M — up 8.4% from $705M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GSG and 14 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 29 added.
The largest buyer was BlackRock, adding an estimated $70.8M. The largest seller was Jane Street, exiting entirely with an estimated $12M sold.
- 96 institutional investors held iShares S&P GSCI Commodity-Indexed Trust (GSG) as of Q1 2017, down from 104 in Q4 2016.
- Funds reported $764M of iShares S&P GSCI Commodity-Indexed Trust stock for Q1 2017, up 8.4% quarter-over-quarter.
- 14 funds opened new iShares S&P GSCI Commodity-Indexed Trust positions in Q1 2017 and 17 closed out, a net change of -3 holders.
- The largest iShares S&P GSCI Commodity-Indexed Trust buyer in Q1 2017 was BlackRock, an estimated $70.8M added.
- The largest iShares S&P GSCI Commodity-Indexed Trust seller in Q1 2017 was Jane Street, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2017.