iShares Gold Trust
IAU
1,410 hedge funds and large institutions have $18.6B invested in iShares Gold Trust in 2024 Q4 according to their latest regulatory filings, with 260 funds opening new positions, 501 increasing their positions, 382 reducing their positions, and 46 closing their positions.
465% more first-time investments, than exits
New positions opened: 260 | Existing positions closed: 46
31% more repeat investments, than reductions
Existing positions increased: 501 | Existing positions reduced: 382
15% more funds holding
Funds holding: 1,225 → 1,410 (+185)
5% more capital invested
Capital invested by funds: $17.7B → $18.6B (+$915M)
0.07% less ownership
Funds ownership: 56.23% → 56.16% (-0.07%)
6% less funds holding in top 10
Funds holding in top 10: 136 → 128 (-8)
75% less call options, than puts
Call options by funds: $297M | Put options by funds: $1.18B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$362M |
| 2 |
LPL Financial
San Diego,
California
|
+$113M |
| 3 |
Morgan Stanley
New York
|
+$92.1M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$75.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$59.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$122M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
-$95.8M |
| 3 |
Empower Advisory Group
Greenwood Village,
Colorado
|
-$51.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$50.6M |
| 5 |
CC
Cadinha & Co
Honolulu,
Hawaii
|
-$29.5M |
IAU Hedge Fund Activity: Q4 2024 in Review
1,410 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in iShares Gold Trust (IAU) for Q4 2024, worth a combined $18.6B — up 5.2% from $17.7B a quarter earlier.
Buyers outnumbered sellers: 260 funds opened new IAU positions and 46 closed out — a net gain of 214 holders — while 501 added to existing stakes and 382 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $362M. The largest seller was JP Morgan Chase, cutting an estimated $122M.
- 1,410 institutional investors held iShares Gold Trust (IAU) as of Q4 2024, up from 1,225 in Q3 2024.
- Funds reported $18.6B of iShares Gold Trust stock for Q4 2024, up 5.2% quarter-over-quarter.
- 260 funds opened new iShares Gold Trust positions in Q4 2024 and 46 closed out, a net change of +214 holders.
- The largest iShares Gold Trust buyer in Q4 2024 was Envestnet Asset Management, an estimated $362M added.
- The largest iShares Gold Trust seller in Q4 2024 was JP Morgan Chase, an estimated $122M sold.
Based on aggregated 13F filings for Q4 2024.