iShares S&P GSCI Commodity-Indexed Trust
GSG
120 hedge funds and large institutions have $736M invested in iShares S&P GSCI Commodity-Indexed Trust in 2013 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 38 reducing their positions, and 10 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
40% more capital invested
Capital invested by funds: $525M → $736M (+$211M)
6.99% more ownership
Funds ownership: 50.6% → 57.59% (+7%)
3% more funds holding
Funds holding: 116 → 120 (+4)
18% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 38
83% less call options, than puts
Call options by funds: $363K | Put options by funds: $2.18M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$136M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$24.2M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$23.9M |
| 4 |
State Street
Boston,
Massachusetts
|
+$13.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$4.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$9.13M |
| 2 |
Goldman Sachs
New York
|
-$8.11M |
| 3 |
Jane Street
New York
|
-$5.9M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.67M |
| 5 |
Natixis Advisors
Boston,
Massachusetts
|
-$1.22M |
GSG Hedge Fund Activity: Q3 2013 in Review
120 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares S&P GSCI Commodity-Indexed Trust (GSG) for Q3 2013, worth a combined $736M — up 40% from $525M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GSG positions and 10 closed out — a net gain of 5 holders — while 31 added to existing stakes and 38 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $136M. The largest seller was Bank of New York Mellon, cutting an estimated $9.13M.
- 120 institutional investors held iShares S&P GSCI Commodity-Indexed Trust (GSG) as of Q3 2013, up from 116 in Q2 2013.
- Funds reported $736M of iShares S&P GSCI Commodity-Indexed Trust stock for Q3 2013, up 40% quarter-over-quarter.
- 15 funds opened new iShares S&P GSCI Commodity-Indexed Trust positions in Q3 2013 and 10 closed out, a net change of +5 holders.
- The largest iShares S&P GSCI Commodity-Indexed Trust buyer in Q3 2013 was JP Morgan Chase, an estimated $136M added.
- The largest iShares S&P GSCI Commodity-Indexed Trust seller in Q3 2013 was Bank of New York Mellon, an estimated $9.13M sold.
Based on aggregated 13F filings for Q3 2013.