VanEck Merk Gold Trust
OUNZ
24 hedge funds and large institutions have $43.5M invested in VanEck Merk Gold Trust in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 4 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
2% more capital invested
Capital invested by funds: $42.5M → $43.5M (+$998K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.52% less ownership
Funds ownership: 27.58% → 27.06% (-0.52%)
4% less funds holding
Funds holding: 25 → 24 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWM
Evercore Wealth Management
New York
|
+$992K |
| 2 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$506K |
| 3 |
LPL Financial
San Diego,
California
|
+$382K |
| 4 |
AWE
Avidian Wealth Enterprises
Houston,
Texas
|
+$320K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$310K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.25M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$264K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$179K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$29K |
| 5 |
JFA
JNBA Financial Advisors
Bloomington,
Minnesota
|
-$21K |
OUNZ Hedge Fund Activity: Q3 2016 in Review
24 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in VanEck Merk Gold Trust (OUNZ) for Q3 2016, worth a combined $43.5M — up 2.3% from $42.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of OUNZ and 3 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 10 added.
The largest buyer was Evercore Wealth Management, opening a new position worth an estimated $992K. The largest seller was Virtu Financial, cutting an estimated $1.25M.
- 24 institutional investors held VanEck Merk Gold Trust (OUNZ) as of Q3 2016, down from 25 in Q2 2016.
- Funds reported $43.5M of VanEck Merk Gold Trust stock for Q3 2016, up 2.3% quarter-over-quarter.
- 3 funds opened new VanEck Merk Gold Trust positions in Q3 2016 and 4 closed out, a net change of -1 holder.
- The largest VanEck Merk Gold Trust buyer in Q3 2016 was Evercore Wealth Management, an estimated $992K added.
- The largest VanEck Merk Gold Trust seller in Q3 2016 was Virtu Financial, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2016.