iShares Gold Trust
377 hedge funds and large institutions have $2.33B invested in iShares Gold Trust in 2015 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 81 increasing their positions, 147 reducing their positions, and 38 closing their positions.
1,543% more call options, than puts
Call options by funds: $11.5M | Put options by funds: $701K
45% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 38
4% more funds holding
Funds holding: 363 → 377 (+14)
1.36% more ownership
Funds ownership: 20.75% → 22.11% (+1.4%)
11% less capital invested
Capital invested by funds: $2.61B → $2.33B (-$289M)
26% less funds holding in top 10
Funds holding in top 10: 23 → 17 (-6)
45% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 147
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moon Capital Management
New York
|
+$34.2M |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$11.8M |
| 3 |
ZF
Zhang Financial
Portage,
Michigan
|
+$8.11M |
| 4 |
LPL Financial
San Diego,
California
|
+$6.2M |
| 5 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
+$5.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$47.5M |
| 2 |
IC
Iconiq Capital
San Francisco,
California
|
-$40.6M |
| 3 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
-$35.9M |
| 4 |
ZB
Zions Bancorporation
Salt Lake City,
Utah
|
-$18.3M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.2M |
IAU Hedge Fund Activity: Q4 2015 in Review
377 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in iShares Gold Trust (IAU) for Q4 2015, worth a combined $2.33B — down 11% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new IAU positions and 38 closed out — a net gain of 17 holders — while 81 added to existing stakes and 147 trimmed.
The largest buyer was Moon Capital Management, opening a new position worth an estimated $34.2M. The largest seller was Windhaven Investment Management, cutting an estimated $47.5M.
- 377 institutional investors held iShares Gold Trust (IAU) as of Q4 2015, up from 363 in Q3 2015.
- Funds reported $2.33B of iShares Gold Trust stock for Q4 2015, down 11% quarter-over-quarter.
- 55 funds opened new iShares Gold Trust positions in Q4 2015 and 38 closed out, a net change of +17 holders.
- The largest iShares Gold Trust buyer in Q4 2015 was Moon Capital Management, an estimated $34.2M added.
- The largest iShares Gold Trust seller in Q4 2015 was Windhaven Investment Management, an estimated $47.5M sold.
Based on aggregated 13F filings for Q4 2015.