VanEck Merk Gold Trust
OUNZ
128 hedge funds and large institutions have $357M invested in VanEck Merk Gold Trust in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 24 increasing their positions, 41 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7% more capital invested
Capital invested by funds: $333M → $357M (+$24.7M)
2% more funds holding
Funds holding: 125 → 128 (+3)
1.82% less ownership
Funds ownership: 47.97% → 46.15% (-1.8%)
12% less call options, than puts
Call options by funds: $392K | Put options by funds: $445K
41% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$5.68M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$4.88M |
| 3 |
SC
Solstein Capital
Menlo Park,
California
|
+$3.14M |
| 4 |
Renaissance Technologies
New York
|
+$2.91M |
| 5 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$16.3M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.5M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$3.67M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.97M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.15M |
OUNZ Hedge Fund Activity: Q4 2023 in Review
128 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in VanEck Merk Gold Trust (OUNZ) for Q4 2023, worth a combined $357M — up 7.4% from $333M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new OUNZ positions and 13 closed out — a net gain of 5 holders — while 24 added to existing stakes and 41 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $5.68M. The largest seller was Jane Street, exiting entirely with an estimated $16.3M sold.
- 128 institutional investors held VanEck Merk Gold Trust (OUNZ) as of Q4 2023, up from 125 in Q3 2023.
- Funds reported $357M of VanEck Merk Gold Trust stock for Q4 2023, up 7.4% quarter-over-quarter.
- 18 funds opened new VanEck Merk Gold Trust positions in Q4 2023 and 13 closed out, a net change of +5 holders.
- The largest VanEck Merk Gold Trust buyer in Q4 2023 was Wealth Enhancement Advisory Services, an estimated $5.68M added.
- The largest VanEck Merk Gold Trust seller in Q4 2023 was Jane Street, an estimated $16.3M sold.
Based on aggregated 13F filings for Q4 2023.