A-MARK PRECIOUS METALS INC GOLD
COM · Common Stock · CUSIP 00181T107
Precious metals trading company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($12.7m this quarter). Holder counts are more reliable. Shares outstanding: 29.2m as of 2026-08-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $41.63. Options: 9 managers hold calls ($25.1m notional), 7 hold puts ($5.8m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 115 |
| Q4 2022 | 135 |
| Q1 2023 | 131 |
| Q2 2023 | 148 |
| Q3 2023 | 146 |
| Q4 2023 | 142 |
| Q1 2024 | 137 |
| Q2 2024 | 156 |
| Q3 2024 | 175 |
| Q4 2024 | 156 |
| Q1 2025 | 157 |
| Q2 2025 | 141 |
| Q3 2025 | 154 |
| Q4 2025 | 177 |
| Q1 2026 | 217 |
| Q2 2026 | 222 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 93 | 77 |
| Q4 2024 | 77 | 93 |
| Q1 2025 | 84 | 74 |
| Q2 2025 | 78 | 82 |
| Q3 2025 | 93 | 58 |
| Q4 2025 | 94 | 78 |
| Q1 2026 | 134 | 80 |
| Q2 2026 | 126 | 104 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $8.3m | $2.9m | 0.34 |
| Q4 2025 | $11.8m | $3.2m | 0.27 |
| Q1 2026 | $23.3m | $6.1m | 0.26 |
| Q2 2026 | $25.1m | $5.8m | 0.23 |
Biggest buyers
| BlackRock, Inc. | Added | +473.9k |
| AMERICAN CENTURY COMPANIES INC | Added | +385.5k |
| Fideuram Asset Management (Ireland) dac | New | +272.3k |
| JUPITER ASSET MANAGEMENT LTD | New | +251.1k |
| Graham Capital Management, L.P. | New | +173.2k |
| BARCLAYS PLC | Added | +104.4k |
| JPMORGAN CHASE & CO | Added | +84.6k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +67.2k |
| MORGAN STANLEY | Added | +60.8k |
| PICTON MAHONEY ASSET MANAGEMENT | New | +60.0k |
Biggest sellers
| JANE STREET GROUP, LLC | Sold out | -519.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -178.2k |
| Pacer Advisors, Inc. | Sold out | -156.3k |
| Point72 Asset Management, L.P. | Sold out | -132.2k |
| Counterpoint Mutual Funds LLC | Sold out | -124.8k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -120.7k |
| FMR LLC | Reduced | -114.5k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -67.1k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -61.7k |
| Y-Intercept (Hong Kong) Ltd | Reduced | -58.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.2m244.9k shares |
| CITADEL ADVISORS LLC | Added | $4.6m111.6k shares |
| JANE STREET GROUP, LLC | Added | $3.2m76.9k shares |
| IMC-Chicago, LLC | Reduced | $2.3m56.0k shares |
| Point72 Asset Management, L.P. | Reduced | $1.7m41.0k shares |
| D. E. Shaw & Co., Inc. | Added | $1.6m38.1k shares |
| NOMURA HOLDINGS INC | Reduced | $828.0k19.9k shares |
| SIMPLEX TRADING, LLC | Added | $470.2k11.3k shares |
| GROUP ONE TRADING LLC | Reduced | $145.6k3.5k shares |
Biggest puts
| IMC-Chicago, LLC | Reduced | $2.0m49.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.6m37.5k shares |
| Point72 Asset Management, L.P. | Reduced | $861.3k20.7k shares |
| CITADEL ADVISORS LLC | Reduced | $807.2k19.4k shares |
| JANE STREET GROUP, LLC | Reduced | $436.9k10.5k shares |
| SIMPLEX TRADING, LLC | Added | $108.2k2.6k shares |
| GROUP ONE TRADING LLC | Reduced | $25.0k600 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Tether Global Investments Fund, S.I.C.A.F., S.A. 13D · may seek influence +0.8 pts · filed 2026-09-08 | 12.6% |
ROBERTS GREGORY N
13D · may seek influence
-1.5 pts · filed 2026-02-11
Stated purposeThe securities of the Issuer acquired by each of the Reporting Persons, as described in this Amendment, were acquired and are held for investment purposes. This Amendment No. 4 is being filed to report a change in the percentage of the outstanding class of Common Stock owned by the Reporting Persons resulting from the issuance by the Issuer of 2,840,449 shares of Common Stock, as reported in the Issuer's Current Report on Form 8-K filed February 9, 2026. The Issuer has informed the Reporting Persons that such issuance occurred on February 9, 2026 and increased the number of outstanding shares of the class of Common Stock to 28,137,441. On February 28, 2025, Spectrum Group International, Inc. ("SGI") merged with a subsidiary of the Issuer, in which transaction the holders of common stock… Full filing |
10.7% |
| AMERICAN CENTURY INVESTMENT MANAGEMENT INC 13G · institution +1.2 pts · filed 2026-08-14 | 5.7% |
| BlackRock, Inc. 13G · institution filed 2026-04-27 | 5.2% |
Fell to 5% or below in the last year: FMR LLC (1.6%, 2026-05-06), BENJAMIN JEFFREY D (4.9%, 2026-03-13)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $103.4k | — |
| Q3 2025 | 0 | — | 2 | $732.6k | — |
| Q4 2025 | 0 | — | 2 | $5.5m | — |
| Q1 2026 | 0 | — | 7 | $35.5m | — |
| Q2 2026 | 0 | — | 1 | $4.3m | — |
| Q3 2026 | 0 | — | 5 | $8.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-22 | BENJAMIN JEFFREY D Director · By Jeffrey D. Benjamin 2012 Family Trust | Sold | $803.1k18.0k shares |
| 2026-09-21 | BENJAMIN JEFFREY D Director · By Jeffrey D. Benjamin 2012 Family Trust | Sold | $617.5k14.0k shares |
| 2026-09-18 | BENJAMIN JEFFREY D Director · By Jeffrey D. Benjamin 2012 Family Trust | Sold | $319.7k7.1k shares |
| 2026-09-17 | BENJAMIN JEFFREY D Director · By Jeffrey D. Benjamin 2012 Family Trust | Sold | $171.9k3.7k shares |
| 2026-09-16 | BENJAMIN JEFFREY D Director · By Jeffrey D. Benjamin 2012 Family Trust | Sold | $907.3k19.0k shares |
| 2026-09-15 | BENJAMIN JEFFREY D Director · By Jeffrey D. Benjamin 2012 Family Trust | Sold | $1.4m30.0k shares |
| 2026-09-14 | BENJAMIN JEFFREY D Director · By Jeffrey D. Benjamin 2012 Family Trust | Sold | $1.4m30.0k shares |
| 2026-09-14 | John Moorhead Director | Sold | $47.3k1.0k shares |
| 2026-09-11 | John Moorhead Director | Sold | $72.6k1.5k shares |
| 2026-09-10 | ROBERTS GREGORY N Chief Executive Officer, director | Sold | $458.3k10.0k shares |
| 2026-09-09 | ROBERTS GREGORY N Chief Executive Officer, director | Sold | $1.2m25.0k shares |
| 2026-09-08 | ROBERTS GREGORY N Chief Executive Officer, director | Sold | $702.9k15.0k shares |
| 2026-09-08 | Aquilino Brian Chief Operating Officer | Sold | $313.5k6.7k shares |
| 2026-09-08 | MELTZER CAROL EVP, Gen. Counsel & Secretary, director | Sold | $187.4k4.0k shares |
| 2026-09-03 | Tether Global Investments Fund, S.I.C.A.F., S.A. +2 10% owner · See Footnote | Bought | $3.9m100.0k shares |
| 2026-05-22 | Tether Global Investments Fund, S.I.C.A.F., S.A. +2 10% owner · See Footnote | Bought | $2.5m58.5k shares |
| 2026-05-21 | Tether Global Investments Fund, S.I.C.A.F., S.A. +2 10% owner · See Footnote | Bought | $1.7m40.1k shares |
| 2026-05-20 | Tether Global Investments Fund, S.I.C.A.F., S.A. +2 10% owner · See Footnote | Bought | $2.3m56.6k shares |
| 2026-05-19 | Tether Global Investments Fund, S.I.C.A.F., S.A. +2 10% owner · See Footnote | Bought | $1.8m44.7k shares |
| 2026-05-13 | ROBERTS GREGORY N Chief Executive Officer, director | Sold | $1.7m40.0k shares |
| 2026-05-13 | ROBERTS GREGORY N Chief Executive Officer, director | Sold | $1.7m40.0k shares |
| 2026-05-12 | ROBERTS GREGORY N Chief Executive Officer, director | Sold | $1.3m30.0k shares |
| 2026-05-11 | ROBERTS GREGORY N Chief Executive Officer, director | Sold | $1.4m30.0k shares |
| 2026-05-05 | Tether Global Investments Fund, S.I.C.A.F., S.A. +2 10% owner · See footnote | Bought | $23.6m530.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 2.1m $89.1m | Added +473.9k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 1.6m $68.4m | Added +385.5k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.1m $46.4m | Added +25.5k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 898.5k $37.4m | Added +24.7k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 797.2k $33.2m | Reduced -61.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 735.2k $30.6m | Reduced -178.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.08% of their portfolio | 553.3k $23.0m | Reduced -42.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 517.6k $21.5m | Added +38.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 495.3k $20.6m | Added +37.4k |
| STATE STREET CORP 0.00% of their portfolio | 494.5k $20.6m | Added +35.6k |
| FMR LLC 0.00% of their portfolio | 324.5k $13.5m | Reduced -114.5k |
| Fideuram Asset Management (Ireland) dac 0.24% of their portfolio | 272.3k $12.5m | New |
| MORGAN STANLEY 0.00% of their portfolio | 272.2k $11.3m | Added +60.8k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 268.1k $11.2m | Reduced -9.1k |
| Empowered Funds, LLC 0.06% of their portfolio | 267.6k $11.1m | Reduced -9.4k |
| JACOBS ASSET MANAGEMENT, LLC 8.30% of their portfolio | 265.0k $11.0m | Added +7.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 257.2k $10.7m | Added +67.2k |
| JUPITER ASSET MANAGEMENT LTD 0.05% of their portfolio | 251.1k $10.4m | New |
| WEDBUSH SECURITIES INC 0.26% of their portfolio | 237.8k $9.9m | Reduced -12.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 218.1k $9.1m | Added +14.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 211.6k $8.8m | Reduced -57.2k |
| Nuveen, LLC 0.00% of their portfolio | 208.1k $8.7m | Reduced -26.7k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 195.0k $8.1m | Added +6.1k |
| TOWLE & CO 2.55% of their portfolio | 180.8k $7.5m | Reduced -24.8k |
| Graham Capital Management, L.P. 0.19% of their portfolio | 173.2k $7.2m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 171.7k $7.1m | Added +3.7k |
| CANNELL CAPITAL LLC 4.44% of their portfolio | 152.7k $6.4m | Added +2.6k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 137.6k $5.7m | Added +5.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 135.9k $5.7m | Reduced -42.9k |
| BARCLAYS PLC 0.00% of their portfolio | 117.8k $4.9m | Added +104.4k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 115.5k $4.8m | Added +46.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 114.8k $4.7m | Added +84.6k |
| HRT FINANCIAL LP 0.01% of their portfolio | 107.9k $4.5m | Added +37.0k |
| Invesco Ltd. 0.00% of their portfolio | 103.2k $4.3m | Added +25.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 101.0k $4.2m | Added +16.4k |
| CSM Advisors, LLC 0.09% of their portfolio | 97.0k $4.0m | Added +6.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 92.4k $3.8m | Added +31.5k |
| Susquehanna Portfolio Strategies, LLC 0.06% of their portfolio | 90.1k $3.7m | Added +28.0k |
| BARD ASSOCIATES INC 0.75% of their portfolio | 80.8k $3.4m | Reduced -1.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 73.2k $3.0m | Reduced -35.7k |
| GLOBEFLEX CAPITAL L P 0.36% of their portfolio | 66.9k $2.8m | Reduced -1.9k |
| Trexquant Investment LP 0.02% of their portfolio | 65.3k $2.7m | Added +11.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 64.6k $2.7m | Reduced -1.9k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 63.5k $2.6m | Reduced -56.5k |
| Brevan Howard Capital Management LP 0.04% of their portfolio | 62.3k $2.6m | Added +24.7k |
| UBS Group AG 0.00% of their portfolio | 60.8k $2.5m | Reduced -26.0k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.13% of their portfolio | 60.3k $2.5m | Added +1.6k |
| PICTON MAHONEY ASSET MANAGEMENT 0.02% of their portfolio | 60.0k $2.5m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 58.0k $2.4m | Reduced -67.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 56.1k $2.3m | Reduced -10.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 56.0k $2.3m | Reduced -4.6k |
| Kiker Wealth Management, LLC 0.90% of their portfolio | 55.4k $2.3m | New |
| Numerai GP LLC 0.15% of their portfolio | 45.4k $1.9m | Added +29.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 44.3k $1.8m | Added +4.3k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.11% of their portfolio | 41.6k $1.7m | Added +11.7k |
| Diametric Capital, LP 0.18% of their portfolio | 41.4k $1.7m | New |
| Quantinno Capital Management LP 0.00% of their portfolio | 41.3k $1.7m | Reduced -2.2k |
| Swiss National Bank 0.00% of their portfolio | 39.6k $1.6m | Added +3.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 39.4k $1.6m | Added +4.9k |
| D.A. DAVIDSON & CO. 0.01% of their portfolio | 38.3k $1.6m | Reduced -316 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 38.0k $1.6m | Added +3.2k |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.07% of their portfolio | 36.8k $1.5m | Added +500 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 36.8k $1.1m | Added +27.2k |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 36.7k $1.5m | New |
| CGN Advisors LLC 0.11% of their portfolio | 35.2k $1.5m | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 35.1k $1.5m | Reduced -256 |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 34.9k $1.5m | Reduced -19.0k |
| CALDWELL SUTTER CAPITAL, INC. 0.55% of their portfolio | 34.8k $1.4m | Reduced -1.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 33.5k $1.4m | Reduced -54.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 32.8k $1.4m | Reduced -17.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 32.6k $1.4m | Reduced -480 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 32.3k $1.3m | Added +2.4k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 29.9k $1.2m | Added +22.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 29.3k $1.2m | Added +3.9k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 28.7k $1.2m | Added +2.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 28.4k $1.2m | Reduced -594 |
| Precision Wealth Strategies, LLC 0.35% of their portfolio | 27.6k $1.1m | New |
| Mutual Advisors, LLC 0.02% of their portfolio | 26.9k $1.1m | Reduced -3.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 26.6k $1.1m | Added +1.8k |
| Engineers Gate Manager LP 0.01% of their portfolio | 26.3k $1.1m | Reduced -49.4k |
| CREDIT AGRICOLE S A 0.00% of their portfolio | 25.0k $1.0m | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 25.0k $1.0m | Added +6.6k |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 23.9k $995.0k | Added +16.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 22.6k $903.8k | Added +600 |
| IMC-Chicago, LLC 0.01% of their portfolio | 22.5k $938.0k | Reduced -7.2k |
| Cambria Investment Management, L.P. 0.05% of their portfolio | 22.1k $919.1k | New |
| SIERRA SUMMIT ADVISORS LLC 0.10% of their portfolio | 22.0k $914.5k | New |
| Corient Private Wealth LP 0.00% of their portfolio | 21.4k $889.7k | Reduced -7.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 21.2k $882.0k | Added +2.9k |
| Aquatic Capital Management LLC 0.03% of their portfolio | 21.0k $875.1k | New |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 19.2k $527.6k | Reduced -7.1k |
| OP Asset Management Ltd 0.01% of their portfolio | 18.6k $774.6k | Added +12.9k |
| Legal & General Group Plc 0.00% of their portfolio | 18.6k $772.0k | Added +883 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 17.9k $744.5k | Added +9.6k |
| GREAT LAKES ADVISORS, LLC 0.01% of their portfolio | 17.1k $712.8k | Reduced -10.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 17.1k $712.1k | Added +3 |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 16.4k $680.7k | Added +6.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 16.1k $668.2k | Reduced -3.2k |
| LPL Financial LLC 0.00% of their portfolio | 16.0k $664.9k | Reduced -1.5k |
| FOX RUN MANAGEMENT, L.L.C. 0.10% of their portfolio | 15.2k $632.5k | New |