iShares Gold Trust
IAU
462 hedge funds and large institutions have $3.4B invested in iShares Gold Trust in 2016 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 122 increasing their positions, 160 reducing their positions, and 42 closing their positions.
107% more call options, than puts
Call options by funds: $1.01M | Put options by funds: $488K
79% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 42
6% more funds holding
Funds holding: 436 → 462 (+26)
3.1% less ownership
Funds ownership: 26.48% → 23.38% (-3.1%)
7% less funds holding in top 10
Funds holding in top 10: 27 → 25 (-2)
24% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 160
33% less capital invested
Capital invested by funds: $5.08B → $3.4B (-$1.68B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
BlackRock Group
London,
United Kingdom
|
+$260M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$79.8M |
| 3 |
Cohen & Steers
New York
|
+$23.8M |
| 4 |
PSUF
People's United Financial
Bridgeport,
Connecticut
|
+$22M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$21.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$551M |
| 2 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$425M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$204M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$156M |
| 5 |
BL
Balentine LLC
Atlanta,
Georgia
|
-$57.9M |
IAU Hedge Fund Activity: Q4 2016 in Review
462 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares Gold Trust (IAU) for Q4 2016, worth a combined $3.4B — down 33% from $5.08B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new IAU positions and 42 closed out — a net gain of 33 holders — while 122 added to existing stakes and 160 trimmed.
The largest buyer was BlackRock Group, adding an estimated $260M. The largest seller was BlackRock, cutting an estimated $551M.
- 462 institutional investors held iShares Gold Trust (IAU) as of Q4 2016, up from 436 in Q3 2016.
- Funds reported $3.4B of iShares Gold Trust stock for Q4 2016, down 33% quarter-over-quarter.
- 75 funds opened new iShares Gold Trust positions in Q4 2016 and 42 closed out, a net change of +33 holders.
- The largest iShares Gold Trust buyer in Q4 2016 was BlackRock Group, an estimated $260M added.
- The largest iShares Gold Trust seller in Q4 2016 was BlackRock, an estimated $551M sold.
Based on aggregated 13F filings for Q4 2016.