iShares Gold Trust
1,037 hedge funds and large institutions have $13.7B invested in iShares Gold Trust in 2023 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 309 increasing their positions, 435 reducing their positions, and 70 closing their positions.
5% more funds holding in top 10
Funds holding in top 10: 94 → 99 (+5)
1.69% less ownership
Funds ownership: 57.33% → 55.64% (-1.7%)
3% less funds holding
Funds holding: 1,064 → 1,037 (-27)
14% less capital invested
Capital invested by funds: $15.9B → $13.7B (-$2.22B)
14% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 70
29% less repeat investments, than reductions
Existing positions increased: 309 | Existing positions reduced: 435
32% less call options, than puts
Call options by funds: $266M | Put options by funds: $389M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$139M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$69M |
| 3 |
WI
WealthNavi Inc
Shinagawa-Ku, Tokyo,
Japan
|
+$58M |
| 4 |
FCAS
First Command Advisory Services
Fort Worth,
Texas
|
+$52.6M |
| 5 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$34.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$798M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$599M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$143M |
| 4 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$81.3M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$63.2M |
IAU Hedge Fund Activity: Q3 2023 in Review
1,037 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in iShares Gold Trust (IAU) for Q3 2023, worth a combined $13.7B — down 14% from $15.9B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of IAU and 60 opened new positions — a net loss of 10 holders — while 435 trimmed existing stakes and 309 added.
The largest buyer was JP Morgan Chase, adding an estimated $139M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $798M.
- 1,037 institutional investors held iShares Gold Trust (IAU) as of Q3 2023, down from 1,064 in Q2 2023.
- Funds reported $13.7B of iShares Gold Trust stock for Q3 2023, down 14% quarter-over-quarter.
- 60 funds opened new iShares Gold Trust positions in Q3 2023 and 70 closed out, a net change of -10 holders.
- The largest iShares Gold Trust buyer in Q3 2023 was JP Morgan Chase, an estimated $139M added.
- The largest iShares Gold Trust seller in Q3 2023 was Northwestern Mutual Wealth Management, an estimated $798M sold.
Based on aggregated 13F filings for Q3 2023.