iShares Gold Trust
372 hedge funds and large institutions have $3.21B invested in iShares Gold Trust in 2014 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 112 increasing their positions, 120 reducing their positions, and 20 closing their positions.
173% more call options, than puts
Call options by funds: $17.2M | Put options by funds: $6.28M
55% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 20
3% more funds holding
Funds holding: 362 → 372 (+10)
4% more capital invested
Capital invested by funds: $3.07B → $3.21B (+$132M)
0.57% more ownership
Funds ownership: 22.28% → 22.86% (+0.57%)
7% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 120
12% less funds holding in top 10
Funds holding in top 10: 26 → 23 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$131M |
| 2 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
+$52.1M |
| 3 |
VF
Virtu Financial
New York
|
+$19.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$13.3M |
| 5 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SONJCPFE
State of New Jersey Common Pension Fund E
Trenton,
New Jersey
|
-$131M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$59.7M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$14.1M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$9.52M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.65M |
IAU Hedge Fund Activity: Q2 2014 in Review
372 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in iShares Gold Trust (IAU) for Q2 2014, worth a combined $3.21B — up 4.3% from $3.07B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new IAU positions and 20 closed out — a net gain of 11 holders — while 112 added to existing stakes and 120 trimmed.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $131M. The largest seller was State of New Jersey Common Pension Fund E, exiting entirely with an estimated $131M sold.
- 372 institutional investors held iShares Gold Trust (IAU) as of Q2 2014, up from 362 in Q1 2014.
- Funds reported $3.21B of iShares Gold Trust stock for Q2 2014, up 4.3% quarter-over-quarter.
- 31 funds opened new iShares Gold Trust positions in Q2 2014 and 20 closed out, a net change of +11 holders.
- The largest iShares Gold Trust buyer in Q2 2014 was State of New Jersey Common Pension Fund D, an estimated $131M added.
- The largest iShares Gold Trust seller in Q2 2014 was State of New Jersey Common Pension Fund E, an estimated $131M sold.
Based on aggregated 13F filings for Q2 2014.