VanEck Merk Gold Trust
OUNZ
184 hedge funds and large institutions have $739M invested in VanEck Merk Gold Trust in 2025 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 61 increasing their positions, 36 reducing their positions, and 14 closing their positions.
1,009% more call options, than puts
Call options by funds: $2.11M | Put options by funds: $190K
186% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 14
69% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 36
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
25% more capital invested
Capital invested by funds: $593M → $739M (+$146M)
14% more funds holding
Funds holding: 162 → 184 (+22)
0.67% less ownership
Funds ownership: 49.73% → 49.06% (-0.67%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$24.5M |
| 2 |
Renaissance Technologies
New York
|
+$8.88M |
| 3 |
HA
Huntleigh Advisors
St. Louis,
Missouri
|
+$5.53M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.77M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFO
Fiduciary Family Office
Boca Raton,
Florida
|
-$11.6M |
| 2 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
-$11.6M |
| 3 |
Jane Street
New York
|
-$5.1M |
| 4 |
MCM
Morton Capital Management
Calabasas,
California
|
-$2.86M |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$1.74M |
OUNZ Hedge Fund Activity: Q1 2025 in Review
184 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in VanEck Merk Gold Trust (OUNZ) for Q1 2025, worth a combined $739M — up 25% from $593M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new OUNZ positions and 14 closed out — a net gain of 26 holders — while 61 added to existing stakes and 36 trimmed.
The largest buyer was LPL Financial, adding an estimated $24.5M. The largest seller was Fiduciary Family Office, exiting entirely with an estimated $11.6M sold.
- 184 institutional investors held VanEck Merk Gold Trust (OUNZ) as of Q1 2025, up from 162 in Q4 2024.
- Funds reported $739M of VanEck Merk Gold Trust stock for Q1 2025, up 25% quarter-over-quarter.
- 40 funds opened new VanEck Merk Gold Trust positions in Q1 2025 and 14 closed out, a net change of +26 holders.
- The largest VanEck Merk Gold Trust buyer in Q1 2025 was LPL Financial, an estimated $24.5M added.
- The largest VanEck Merk Gold Trust seller in Q1 2025 was Fiduciary Family Office, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2025.