iShares MSCI Global Gold Miners ETF
RING
205 hedge funds and large institutions have $1.03B invested in iShares MSCI Global Gold Miners ETF in 2025 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 82 increasing their positions, 57 reducing their positions, and 26 closing their positions.
189% more call options, than puts
Call options by funds: $2.47M | Put options by funds: $854K
54% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 26
44% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 57
21% more capital invested
Capital invested by funds: $855M → $1.03B (+$176M)
6% more funds holding
Funds holding: 193 → 205 (+12)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.69% less ownership
Funds ownership: 37.06% → 35.37% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$66M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$28.8M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$20.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$7.71M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$6.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$35.6M |
| 2 |
Jane Street
New York
|
-$23.8M |
| 3 |
GP
Guardian Partners
Toronto,
Canada
|
-$21.2M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$7.96M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$7.11M |
RING Hedge Fund Activity: Q4 2025 in Review
205 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI Global Gold Miners ETF (RING) for Q4 2025, worth a combined $1.03B — up 21% from $855M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new RING positions and 26 closed out — a net gain of 14 holders — while 82 added to existing stakes and 57 trimmed.
The largest buyer was BlackRock, adding an estimated $66M. The largest seller was Municipal Employees' Retirement System of Michigan, cutting an estimated $35.6M.
- 205 institutional investors held iShares MSCI Global Gold Miners ETF (RING) as of Q4 2025, up from 193 in Q3 2025.
- Funds reported $1.03B of iShares MSCI Global Gold Miners ETF stock for Q4 2025, up 21% quarter-over-quarter.
- 40 funds opened new iShares MSCI Global Gold Miners ETF positions in Q4 2025 and 26 closed out, a net change of +14 holders.
- The largest iShares MSCI Global Gold Miners ETF buyer in Q4 2025 was BlackRock, an estimated $66M added.
- The largest iShares MSCI Global Gold Miners ETF seller in Q4 2025 was Municipal Employees' Retirement System of Michigan, an estimated $35.6M sold.
Based on aggregated 13F filings for Q4 2025.