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iShares Gold Trust

360 hedge funds and large institutions have $2.86B invested in iShares Gold Trust in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 111 increasing their positions, 119 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

465% more call options, than puts

Call options by funds: $38.3M | Put options by funds: $6.78M

0% more funds holding in top 10

Funds holding in top 10: 2323 (0)

0.62% less ownership

Funds ownership: 22.86%22.24% (-0.62%)

7% less repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 119

3% less funds holding

Funds holding: 372360 (-12)

11% less capital invested

Capital invested by funds: $3.21B → $2.86B (-$346M)

32% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 25

Holders
360
Holders Change
-12
Holders Change %
-3.23%
% of All Funds
10.44%
Holding in Top 10
23
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.67%
New
17
Increased
111
Reduced
119
Closed
25
Calls
$38.3M
Puts
$6.78M
Net Calls
+$31.5M
Net Calls Change
+$20.6M
Name Holding Trade Value Shares
Change
Change in
Stake
WIM
1
Windhaven Investment Management
Massachusetts
$647M -$23.9M -963,561 -3%
RBC
2
Ronald Blue & Co
Georgia
$239M +$7.3M +294,178 +3%
Bank of America
3
Bank of America
North Carolina
$202M -$209K -8,431 -0.1%
BA
4
BlackRock Advisors
Delaware
$176M -$4.64M -186,772 -2%
BIT
5
BlackRock Institutional Trust
California
$144M
IVA
6
International Value Advisers
$127M +$1.86M +74,935 +1%
Morgan Stanley
7
Morgan Stanley
New York
$121M +$2.1M +84,432 +2%
State of New Jersey Common Pension Fund D
8
State of New Jersey Common Pension Fund D
New Jersey
$105M -$18.6M -750,000 -14%
JP Morgan Chase
9
JP Morgan Chase
New York
$94M +$645K +25,999 +0.7%
Wells Fargo
10
Wells Fargo
California
$80.8M -$2.16M -87,050 -2%
BG
11
BlackRock Group
United Kingdom
$51.2M +$6.19M +249,164 +13%
U
12
UBS
Switzerland
$49.5M +$7.66M +308,642 +17%
CWA
13
Convergent Wealth Advisors
Maryland
$36.2M +$113K +4,552 +0.3%
TD Asset Management
14
TD Asset Management
Ontario, Canada
$26.7M -$7.02M -282,707 -20%
AIS
15
American Investment Services
Massachusetts
$26.6M +$755K +30,420 +3%
LPL Financial
16
LPL Financial
California
$22.8M -$1.62M -65,153 -6%
GF
17
Gerstein Fisher
New York
$19.4M -$3.21M -129,197 -14%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$18.7M +$79.1K +3,188 +0.4%
GC
19
Gibson Capital
Pennsylvania
$18.6M -$75.4K -3,036 -0.4%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$17.6M +$123K +4,970 +0.7%
IC
21
Iconiq Capital
California
$17.4M -$354K -14,276 -2%
Goldman Sachs
22
Goldman Sachs
New York
$16.4M +$2.14M +86,119 +14%
PCA
23
Personal Capital Advisors
California
$15.8M +$4.32M +173,850 +35%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$15.8M +$248K +9,997 +2%
WKKFT
25
W.K. Kellogg Foundation Trust
Michigan
$14.3M

IAU Hedge Fund Activity: Q3 2014 in Review

360 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in iShares Gold Trust (IAU) for Q3 2014, worth a combined $2.86B — down 11% from $3.21B a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of IAU and 17 opened new positions — a net loss of 8 holders — while 119 trimmed existing stakes and 111 added.

The largest buyer was Bank of Montreal, adding an estimated $9.14M. The largest seller was Virtu Financial, exiting entirely with an estimated $31.1M sold.

  • 360 institutional investors held iShares Gold Trust (IAU) as of Q3 2014, down from 372 in Q2 2014.
  • Funds reported $2.86B of iShares Gold Trust stock for Q3 2014, down 11% quarter-over-quarter.
  • 17 funds opened new iShares Gold Trust positions in Q3 2014 and 25 closed out, a net change of -8 holders.
  • The largest iShares Gold Trust buyer in Q3 2014 was Bank of Montreal, an estimated $9.14M added.
  • The largest iShares Gold Trust seller in Q3 2014 was Virtu Financial, an estimated $31.1M sold.

Based on aggregated 13F filings for Q3 2014.