iShares Gold Trust
1,038 hedge funds and large institutions have $16B invested in iShares Gold Trust in 2023 Q1 according to their latest regulatory filings, with 121 funds opening new positions, 333 increasing their positions, 363 reducing their positions, and 69 closing their positions.
2,795% more call options, than puts
Call options by funds: $143M | Put options by funds: $4.95M
75% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 69
8% more capital invested
Capital invested by funds: $14.8B → $16B (+$1.12B)
7% more funds holding in top 10
Funds holding in top 10: 97 → 104 (+7)
3% more funds holding
Funds holding: 1,012 → 1,038 (+26)
0.37% more ownership
Funds ownership: 56.41% → 56.77% (+0.37%)
8% less repeat investments, than reductions
Existing positions increased: 333 | Existing positions reduced: 363
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$136M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$105M |
| 3 |
JP Morgan Chase
New York
|
+$87.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$81.6M |
| 5 |
Morgan Stanley
New York
|
+$39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Temasek Holdings
Singapore
|
-$251M |
| 2 |
Citigroup
New York
|
-$246M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$109M |
| 4 |
Jane Street
New York
|
-$86.8M |
| 5 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
-$29.8M |
IAU Hedge Fund Activity: Q1 2023 in Review
1,038 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in iShares Gold Trust (IAU) for Q1 2023, worth a combined $16B — up 7.6% from $14.8B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new IAU positions and 69 closed out — a net gain of 52 holders — while 333 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.
- 1,038 institutional investors held iShares Gold Trust (IAU) as of Q1 2023, up from 1,012 in Q4 2022.
- Funds reported $16B of iShares Gold Trust stock for Q1 2023, up 7.6% quarter-over-quarter.
- 121 funds opened new iShares Gold Trust positions in Q1 2023 and 69 closed out, a net change of +52 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.