VanEck Merk Gold Trust
OUNZ
27 hedge funds and large institutions have $19.8M invested in VanEck Merk Gold Trust in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
41% more capital invested
Capital invested by funds: $14M → $19.8M (+$5.78M)
2.86% more ownership
Funds ownership: 12.42% → 15.28% (+2.9%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
4% less funds holding
Funds holding: 28 → 27 (-1)
Top Buyers
| 1 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$2.36M |
| 2 |
VF
Virtu Financial
New York
|
+$1.46M |
| 3 |
Jane Street
New York
|
+$557K |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$287K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$236K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$626K | -55,000 | Closed |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$67K | -5,875 | Closed |
|
|
JWM
28
Janiczek Wealth Management
Denver,
Colorado
| – | -$25K | -2,204 | Closed |
|
|
JFA
29
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$18K | -1,572 | Closed |
|
|
WEC
30
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$9.11K | -800 | Closed |
|
|
ACS
31
Archford Capital Strategies
Swansea,
Illinois
| – | -$3K | -150 | Closed |
|
OUNZ Hedge Fund Activity: Q1 2017 in Review
27 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in VanEck Merk Gold Trust (OUNZ) for Q1 2017, worth a combined $19.8M — up 41% from $14M a quarter earlier.
Fund positioning in OUNZ was balanced in Q1 2017: 6 funds opened new positions, 6 closed out, 9 added to existing stakes and 3 trimmed.
The largest buyer was Pekin Hardy Strauss, adding an estimated $2.36M. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $626K sold.
- 27 institutional investors held VanEck Merk Gold Trust (OUNZ) as of Q1 2017, down from 28 in Q4 2016.
- Funds reported $19.8M of VanEck Merk Gold Trust stock for Q1 2017, up 41% quarter-over-quarter.
- 6 funds opened new VanEck Merk Gold Trust positions in Q1 2017 and 6 closed out, a net change of 0 holders.
- The largest VanEck Merk Gold Trust buyer in Q1 2017 was Pekin Hardy Strauss, an estimated $2.36M added.
- The largest VanEck Merk Gold Trust seller in Q1 2017 was Janney Montgomery Scott, an estimated $626K sold.
Based on aggregated 13F filings for Q1 2017.