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iShares Gold Trust

1,037 hedge funds and large institutions have $15.9B invested in iShares Gold Trust in 2023 Q1 according to their latest regulatory filings, with 119 funds opening new positions, 334 increasing their positions, 363 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,795% more call options, than puts

Call options by funds: $143M | Put options by funds: $4.95M

70% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 70

7% more funds holding in top 10

Funds holding in top 10: 97104 (+7)

2% more funds holding

Funds holding: 1,0131,037 (+24)

0.35% more ownership

Funds ownership: 56.42%56.77% (+0.35%)

3% less capital invested

Capital invested by funds: $16.5B → $15.9B (-$530M)

8% less repeat investments, than reductions

Existing positions increased: 334 | Existing positions reduced: 363

Holders
1,037
Holders Change
+24
Holders Change %
+2.37%
% of All Funds
16.53%
Holding in Top 10
104
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+7.22%
% of All Funds
1.66%
New
119
Increased
334
Reduced
363
Closed
70
Calls
$143M
Puts
$4.95M
Net Calls
+$138M
Net Calls Change
+$103M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.52B +$81.6M +2,273,819 +6%
Bank of America
2
Bank of America
North Carolina
$1.31B -$5.6M -156,163 -0.4%
Northwestern Mutual Wealth Management
3
Northwestern Mutual Wealth Management
Wisconsin
$1.01B +$19.1M +530,831 +2%
Sumitomo Mitsui Trust Group
4
Sumitomo Mitsui Trust Group
Japan
$922M -$109M -3,039,321 -11%
Morgan Stanley
5
Morgan Stanley
New York
$872M +$39M +1,087,638 +5%
CSIA
6
Charles Schwab Investment Advisory
California
$763M -$4.05M -112,917 -0.6%
Empower Advisory Group
7
Empower Advisory Group
Colorado
$520M +$496M +13,816,239 New
Wells Fargo
8
Wells Fargo
California
$413M +$12.3M +343,085 +3%
AllianceBernstein
9
AllianceBernstein
Tennessee
$393M -$17.7M -494,463 -4%
UBS Group
10
UBS Group
Switzerland
$338M +$15.5M +432,602 +5%
JP Morgan Chase
11
JP Morgan Chase
New York
$289M +$87.3M +2,433,945 +46%
LPL Financial
12
LPL Financial
California
$251M -$4.4M -122,580 -2%
Charles Schwab
13
Charles Schwab
California
$221M +$136M +3,776,330 +177%
Ameriprise
14
Ameriprise
Minnesota
$203M +$750K +20,909 +0.4%
HighTower Advisors
15
HighTower Advisors
Illinois
$157M -$14.6M -408,178 -9%
CAM
16
Cresset Asset Management
Illinois
$141M -$10.4M -290,342 -7%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$140M +$14.9M +414,439 +12%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$132M +$3.09M +86,069 +3%
RJA
19
Raymond James & Associates
Florida
$126M -$8.01M -223,223 -6%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$126M +$105M +2,921,154 +684%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$117M -$1.31M -36,514 -1%
GCWM
22
Graham Capital Wealth Management
District of Columbia
$113M +$9.03M +251,537 +488%
KeyBank National Association
23
KeyBank National Association
Ohio
$108M +$1.3M +36,263 +1%
BlackRock
24
BlackRock
New York
$99.8M +$14.5M +402,957 +18%
ET
25
Equitable Trust
Tennessee
$90.2M +$14.2M +396,680 +20%

IAU Hedge Fund Activity: Q1 2023 in Review

1,037 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares Gold Trust (IAU) for Q1 2023, worth a combined $15.9B — down 3.2% from $16.5B a quarter earlier.

Buyers outnumbered sellers: 119 funds opened new IAU positions and 70 closed out — a net gain of 49 holders — while 334 added to existing stakes and 363 trimmed.

The largest buyer was Charles Schwab, adding an estimated $136M. The largest seller was Temasek Holdings, exiting entirely with an estimated $251M sold.

  • 1,037 institutional investors held iShares Gold Trust (IAU) as of Q1 2023, up from 1,013 in Q4 2022.
  • Funds reported $15.9B of iShares Gold Trust stock for Q1 2023, down 3.2% quarter-over-quarter.
  • 119 funds opened new iShares Gold Trust positions in Q1 2023 and 70 closed out, a net change of +49 holders.
  • The largest iShares Gold Trust buyer in Q1 2023 was Charles Schwab, an estimated $136M added.
  • The largest iShares Gold Trust seller in Q1 2023 was Temasek Holdings, an estimated $251M sold.

Based on aggregated 13F filings for Q1 2023.