VanEck Merk Gold Trust
OUNZ
28 hedge funds and large institutions have $14M invested in VanEck Merk Gold Trust in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 4 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
17% more funds holding
Funds holding: 24 → 28 (+4)
14.64% less ownership
Funds ownership: 27.06% → 12.42% (-15%)
68% less capital invested
Capital invested by funds: $43.5M → $14M (-$29.5M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$1.28M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$663K |
| 3 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$613K |
| 4 |
LPL Financial
San Diego,
California
|
+$326K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$71.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWE
Avidian Wealth Enterprises
Houston,
Texas
|
-$26.9M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$865K |
| 3 |
VF
Virtu Financial
New York
|
-$608K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$212K |
| 5 |
WT
Whittier Trust
South Pasadena,
California
|
-$94.9K |
OUNZ Hedge Fund Activity: Q4 2016 in Review
28 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in VanEck Merk Gold Trust (OUNZ) for Q4 2016, worth a combined $14M — down 68% from $43.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new OUNZ positions and 4 closed out — a net gain of 4 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Pekin Hardy Strauss, opening a new position worth an estimated $1.28M. The largest seller was Avidian Wealth Enterprises, cutting an estimated $26.9M.
- 28 institutional investors held VanEck Merk Gold Trust (OUNZ) as of Q4 2016, up from 24 in Q3 2016.
- Funds reported $14M of VanEck Merk Gold Trust stock for Q4 2016, down 68% quarter-over-quarter.
- 8 funds opened new VanEck Merk Gold Trust positions in Q4 2016 and 4 closed out, a net change of +4 holders.
- The largest VanEck Merk Gold Trust buyer in Q4 2016 was Pekin Hardy Strauss, an estimated $1.28M added.
- The largest VanEck Merk Gold Trust seller in Q4 2016 was Avidian Wealth Enterprises, an estimated $26.9M sold.
Based on aggregated 13F filings for Q4 2016.