iShares MSCI Global Gold Miners ETF
RING
83 hedge funds and large institutions have $196M invested in iShares MSCI Global Gold Miners ETF in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 4 closing their positions.
500% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 4
449% more call options, than puts
Call options by funds: $889K | Put options by funds: $162K
30% more funds holding
Funds holding: 64 → 83 (+19)
28% more capital invested
Capital invested by funds: $153M → $196M (+$43.5M)
2.93% more ownership
Funds ownership: 43.12% → 46.05% (+2.9%)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$12M |
| 2 |
Jane Street
New York
|
+$4.33M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.99M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.44M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$6.28M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.75M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.18M |
| 4 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
-$1.48M |
| 5 |
Morgan Stanley
New York
|
-$577K |
RING Hedge Fund Activity: Q4 2023 in Review
83 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Global Gold Miners ETF (RING) for Q4 2023, worth a combined $196M — up 28% from $153M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new RING positions and 4 closed out — a net gain of 20 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was Municipal Employees' Retirement System of Michigan, adding an estimated $12M. The largest seller was Old Mission Capital, cutting an estimated $6.28M.
- 83 institutional investors held iShares MSCI Global Gold Miners ETF (RING) as of Q4 2023, up from 64 in Q3 2023.
- Funds reported $196M of iShares MSCI Global Gold Miners ETF stock for Q4 2023, up 28% quarter-over-quarter.
- 24 funds opened new iShares MSCI Global Gold Miners ETF positions in Q4 2023 and 4 closed out, a net change of +20 holders.
- The largest iShares MSCI Global Gold Miners ETF buyer in Q4 2023 was Municipal Employees' Retirement System of Michigan, an estimated $12M added.
- The largest iShares MSCI Global Gold Miners ETF seller in Q4 2023 was Old Mission Capital, an estimated $6.28M sold.
Based on aggregated 13F filings for Q4 2023.