iShares Gold Trust
1,230 hedge funds and large institutions have $17.7B invested in iShares Gold Trust in 2024 Q3 according to their latest regulatory filings, with 117 funds opening new positions, 404 increasing their positions, 415 reducing their positions, and 47 closing their positions.
149% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 47
15% more funds holding in top 10
Funds holding in top 10: 119 → 137 (+18)
5% more funds holding
Funds holding: 1,173 → 1,230 (+57)
3% less repeat investments, than reductions
Existing positions increased: 404 | Existing positions reduced: 415
2.05% less ownership
Funds ownership: 58.26% → 56.21% (-2%)
55% less capital inflows, than outflows
Capital inflows: $713M | Capital outflows: $1.59B
76% less call options, than puts
Call options by funds: $271M | Put options by funds: $1.15B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Quadrature Capital
London,
United Kingdom
|
+$90.2M |
| 2 |
JP Morgan Chase
New York
|
+$45.9M |
| 3 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$31.2M |
| 4 |
Brave Asset Management
Summit,
New Jersey
|
+$24.6M |
| 5 |
Parker Investment Management
Menlo Park,
California
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$934M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$258M |
| 3 |
Jane Street
New York
|
-$61.8M |
| 4 |
CRCM LP
San Francisco,
California
|
-$37.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$21.2M |
IAU Hedge Fund Activity: Q3 2024 in Review
1,230 of the 6,989 institutional investors tracked by Wall St. Rank reported a position in iShares Gold Trust (IAU) for Q3 2024, worth a combined $17.7B — up 7% from $16.5B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new IAU positions and 47 closed out — a net gain of 70 holders — while 404 added to existing stakes and 415 trimmed.
The largest buyer was Quadrature Capital, opening a new position worth an estimated $90.2M. The largest seller was Charles Schwab, cutting an estimated $934M.
- 1,230 institutional investors held iShares Gold Trust (IAU) as of Q3 2024, up from 1,173 in Q2 2024.
- Funds reported $17.7B of iShares Gold Trust stock for Q3 2024, up 7% quarter-over-quarter.
- 117 funds opened new iShares Gold Trust positions in Q3 2024 and 47 closed out, a net change of +70 holders.
- The largest iShares Gold Trust buyer in Q3 2024 was Quadrature Capital, an estimated $90.2M added.
- The largest iShares Gold Trust seller in Q3 2024 was Charles Schwab, an estimated $934M sold.
Based on aggregated 13F filings for Q3 2024.