abrdn Physical Gold Shares ETF
SGOL
259 hedge funds and large institutions have $810M invested in abrdn Physical Gold Shares ETF in 2023 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 90 increasing their positions, 68 reducing their positions, and 10 closing their positions.
34,425% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $4K
210% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 10
32% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 68
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
14% more capital invested
Capital invested by funds: $708M → $810M (+$102M)
7% more funds holding
Funds holding: 241 → 259 (+18)
3.65% more ownership
Funds ownership: 25.99% → 29.64% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGP
Metis Global Partners
San Diego,
California
|
+$52.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$19.4M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$12.1M |
| 4 |
Jane Street
New York
|
+$10M |
| 5 |
VF
Virtu Financial
New York
|
+$8.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$11.7M |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$6.39M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.24M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$2.73M |
| 5 |
NYLIM
New York Life Investment Management
New York
|
-$1.94M |
SGOL Hedge Fund Activity: Q2 2023 in Review
259 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in abrdn Physical Gold Shares ETF (SGOL) for Q2 2023, worth a combined $810M — up 14% from $708M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SGOL positions and 10 closed out — a net gain of 21 holders — while 90 added to existing stakes and 68 trimmed.
The largest buyer was Metis Global Partners, opening a new position worth an estimated $52.9M. The largest seller was Empowered Funds, exiting entirely with an estimated $11.7M sold.
- 259 institutional investors held abrdn Physical Gold Shares ETF (SGOL) as of Q2 2023, up from 241 in Q1 2023.
- Funds reported $810M of abrdn Physical Gold Shares ETF stock for Q2 2023, up 14% quarter-over-quarter.
- 31 funds opened new abrdn Physical Gold Shares ETF positions in Q2 2023 and 10 closed out, a net change of +21 holders.
- The largest abrdn Physical Gold Shares ETF buyer in Q2 2023 was Metis Global Partners, an estimated $52.9M added.
- The largest abrdn Physical Gold Shares ETF seller in Q2 2023 was Empowered Funds, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2023.