iShares Gold Trust
877 hedge funds and large institutions have $17.4B invested in iShares Gold Trust in 2020 Q3 according to their latest regulatory filings, with 94 funds opening new positions, 416 increasing their positions, 199 reducing their positions, and 42 closing their positions.
124% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 42
109% more repeat investments, than reductions
Existing positions increased: 416 | Existing positions reduced: 199
34% more call options, than puts
Call options by funds: $34M | Put options by funds: $25.4M
21% more capital invested
Capital invested by funds: $14.4B → $17.4B (+$2.99B)
8% more funds holding in top 10
Funds holding in top 10: 115 → 124 (+9)
5% more funds holding
Funds holding: 835 → 877 (+42)
0.05% less ownership
Funds ownership: 27.68% → 27.63% (-0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$384M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$236M |
| 3 |
D.E. Shaw & Co
New York
|
+$220M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$185M |
| 5 |
JP Morgan Chase
New York
|
+$171M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$188M |
| 2 |
MB
Mizuho Bank
Tokyo,
Japan
|
-$110M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$80.3M |
| 4 |
IVA
International Value Advisers
|
-$50.8M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$39.8M |
IAU Hedge Fund Activity: Q3 2020 in Review
877 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in iShares Gold Trust (IAU) for Q3 2020, worth a combined $17.4B — up 21% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new IAU positions and 42 closed out — a net gain of 52 holders — while 416 added to existing stakes and 199 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $384M. The largest seller was Bank of Montreal, cutting an estimated $188M.
- 877 institutional investors held iShares Gold Trust (IAU) as of Q3 2020, up from 835 in Q2 2020.
- Funds reported $17.4B of iShares Gold Trust stock for Q3 2020, up 21% quarter-over-quarter.
- 94 funds opened new iShares Gold Trust positions in Q3 2020 and 42 closed out, a net change of +52 holders.
- The largest iShares Gold Trust buyer in Q3 2020 was Northwestern Mutual Wealth Management, an estimated $384M added.
- The largest iShares Gold Trust seller in Q3 2020 was Bank of Montreal, an estimated $188M sold.
Based on aggregated 13F filings for Q3 2020.