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iShares Gold Trust

1,145 hedge funds and large institutions have $15.7B invested in iShares Gold Trust in 2024 Q1 according to their latest regulatory filings, with 89 funds opening new positions, 345 increasing their positions, 467 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 74

3% more funds holding in top 10

Funds holding in top 10: 109112 (+3)

0% less funds holding

Funds holding: 1,1481,145 (-3)

4% less capital invested

Capital invested by funds: $16.4B → $15.7B (-$621M)

4.99% less ownership

Funds ownership: 61.89%56.91% (-5%)

26% less repeat investments, than reductions

Existing positions increased: 345 | Existing positions reduced: 467

64% less call options, than puts

Call options by funds: $269M | Put options by funds: $754M

Holders
1,145
Holders Change
-3
Holders Change %
-0.26%
% of All Funds
16.49%
Holding in Top 10
112
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+2.75%
% of All Funds
1.61%
New
89
Increased
345
Reduced
467
Closed
74
Calls
$269M
Puts
$754M
Net Calls
-$485M
Net Calls Change
-$230M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.39B -$24.3M -620,447 -2%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$962M -$3.22M -82,211 -0.4%
Morgan Stanley
3
Morgan Stanley
New York
$921M -$850M -21,680,952 -50%
Sumitomo Mitsui Trust Group
4
Sumitomo Mitsui Trust Group
Japan
$893M -$12.7M -323,298 -1%
CSIA
5
Charles Schwab Investment Advisory
California
$856M -$2.85M -72,811 -0.4%
Empower Advisory Group
6
Empower Advisory Group
Colorado
$625M +$4.93M +125,739 +0.9%
Wells Fargo
7
Wells Fargo
California
$471M -$15.2M -386,625 -3%
JP Morgan Chase
8
JP Morgan Chase
New York
$455M -$58.7M -1,498,244 -12%
AllianceBernstein
9
AllianceBernstein
Tennessee
$409M -$8.48M -216,210 -2%
LPL Financial
10
LPL Financial
California
$297M +$3.52M +89,671 +1%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$265M -$22.5M -573,809 -8%
MB
12
Mizuho Bank
Japan
$252M -$78.4M -2,000,000 -25%
Ameriprise
13
Ameriprise
Minnesota
$229M -$24.5M -625,533 -10%
WI
14
WealthNavi Inc
Japan
$221M +$32.7M +834,759 +19%
Northwestern Mutual Wealth Management
15
Northwestern Mutual Wealth Management
Wisconsin
$179M -$8.17M -208,425 -5%
HighTower Advisors
16
HighTower Advisors
Illinois
$163M -$4.64M -118,240 -3%
RJA
17
Raymond James & Associates
Florida
$161M +$6.35M +162,040 +4%
PC
18
Packer & Co
Australia
$151M
BlackRock
19
BlackRock
New York
$147M +$3.25M +82,956 +2%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$140M -$11.3M -287,874 -8%
Cerity Partners
21
Cerity Partners
New York
$129M -$1.28M -32,624 -1%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$128M +$682K +17,402 +0.6%
KeyBank National Association
23
KeyBank National Association
Ohio
$127M +$3.65M +93,186 +3%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$120M -$6.12M -156,000 -5%
ET
25
Equitable Trust
Tennessee
$113M +$5.01M +127,828 +5%

IAU Hedge Fund Activity: Q1 2024 in Review

1,145 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in iShares Gold Trust (IAU) for Q1 2024, worth a combined $15.7B — down 3.8% from $16.4B a quarter earlier.

Buyers outnumbered sellers: 89 funds opened new IAU positions and 74 closed out — a net gain of 15 holders — while 345 added to existing stakes and 467 trimmed.

The largest buyer was WealthNavi Inc, adding an estimated $32.7M. The largest seller was Morgan Stanley, cutting an estimated $850M.

  • 1,145 institutional investors held iShares Gold Trust (IAU) as of Q1 2024, down from 1,148 in Q4 2023.
  • Funds reported $15.7B of iShares Gold Trust stock for Q1 2024, down 3.8% quarter-over-quarter.
  • 89 funds opened new iShares Gold Trust positions in Q1 2024 and 74 closed out, a net change of +15 holders.
  • The largest iShares Gold Trust buyer in Q1 2024 was WealthNavi Inc, an estimated $32.7M added.
  • The largest iShares Gold Trust seller in Q1 2024 was Morgan Stanley, an estimated $850M sold.

Based on aggregated 13F filings for Q1 2024.