ABRDN PALLADIUM ETF TRUST PALL
PHYSICAL PALLADM · ETP · CUSIP 003262102
- SectorFinancials
- IndustryCommodity Contracts Brokers & Dealers
- HeadquartersPhiladelphia, PA
- FilingsSEC EDGAR
Q1 2026 share counts are adjusted for a 5-for-1 stock split, so holders aren't shown as buying or selling because of it.
* 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. Holder counts are more reliable. Implied quarter-end price ≈ $22.09. Options: 7 managers hold calls ($18.3m notional), 9 hold puts ($22.0m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 81 |
| Q4 2022 | 78 |
| Q1 2023 | 79 |
| Q2 2023 | 66 |
| Q3 2023 | 66 |
| Q4 2023 | 63 |
| Q1 2024 | 64 |
| Q2 2024 | 64 |
| Q3 2024 | 55 |
| Q4 2024 | 71 |
| Q1 2025 | 78 |
| Q2 2025 | 94 |
| Q3 2025 | 99 |
| Q4 2025 | 137 |
| Q1 2026 | 125 |
| Q2 2026 | 113 |
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 | 23 | 25 |
| Q4 2024 | 35 | 14 |
| Q1 2025 | 33 | 26 |
| Q2 2025 | 54 | 23 |
| Q3 2025 | 55 | 36 |
| Q4 2025 | 93 | 40 |
| Q1 2026 | 57 | 75 |
| Q2 2026 | 40 | 62 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $49.2m | $24.5m | 0.50 |
| Q4 2025 | $112.9m | $109.6m | 0.97 |
| Q1 2026 | $88.0m | $59.9m | 0.68 |
| Q2 2026 | $18.3m | $22.0m | 1.20 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +310.4k |
| ARVEST INVESTMENTS, INC. | New | +107.8k |
| Quaker Wealth Management, LLC | Added | +62.8k |
| Cambridge Investment Research Advisors, Inc. | Added | +51.5k |
| HRT FINANCIAL LP | Added | +49.6k |
| CITIGROUP INC | New | +42.9k |
| IHT Wealth Management, LLC | Added | +40.0k |
| GOLDMAN SACHS GROUP INC | Added | +37.5k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +27.4k |
| AMERIPRISE FINANCIAL INC | Added | +27.2k |
Biggest sellers
| JANE STREET GROUP, LLC | Reduced | -298.9k |
| JPMORGAN CHASE & CO | Reduced | -264.4k |
| MAINSTAY CAPITAL MANAGEMENT LLC /ADV | Sold out | -238.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -112.0k |
| Brookwood Investment Group LLC | Sold out | -110.4k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -105.1k |
| GROUP ONE TRADING LLC | Reduced | -69.7k |
| LPL Financial LLC | Reduced | -65.8k |
| MORGAN STANLEY | Reduced | -44.9k |
| Copley Financial Group, Inc. | Reduced | -39.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.7m214.1k shares |
| JANE STREET GROUP, LLC | Reduced | $3.9m178.2k shares |
| IMC-Chicago, LLC | Reduced | $3.5m158.7k shares |
| CITADEL ADVISORS LLC | Reduced | $3.2m146.3k shares |
| GROUP ONE TRADING LLC | Reduced | $1.8m79.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m49.2k shares |
| Belvedere Trading LLC | Reduced | $99.4k4.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $7.7m350.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.0m224.7k shares |
| IMC-Chicago, LLC | Reduced | $3.1m139.8k shares |
| JANE STREET GROUP, LLC | Reduced | $2.3m104.4k shares |
| NOMURA HOLDINGS INC | New | $1.6m74.0k shares |
| HRT FINANCIAL LP | Added | $1.1m48.0k shares |
| Belvedere Trading LLC | Reduced | $750.7k34.0k shares |
| GROUP ONE TRADING LLC | Reduced | $313.5k14.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $141.3k6.4k 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.
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.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 718.1k $15.9m | Added +27.4k |
| Gradient Investments LLC 0.18% of their portfolio | 575.5k $12.7m | Reduced -26.1k |
| MORGAN STANLEY 0.00% of their portfolio | 409.4k $9.0m | Reduced -44.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 324.2k $7.2m | Added +310.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 263.0k $5.8m | Added +12.9k |
| LPL Financial LLC 0.00% of their portfolio | 248.7k $5.5m | Reduced -65.8k |
| SG Americas Securities, LLC 0.00% of their portfolio | 226.9k $5.0m | Added +5 |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.05% of their portfolio | 212.9k $4.7m | Added +5.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 207.9k $4.6m | Reduced -30.0k |
| UBS Group AG 0.00% of their portfolio | 176.1k $3.9m | Added +19.7k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 122.4k $2.7m | Reduced -1.8k |
| ARVEST INVESTMENTS, INC. 0.29% of their portfolio | 107.8k $2.4m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 106.1k $2.3m | Reduced -5.9k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 101.2k $2.2m | Added +51.5k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 96.2k $2.1m | Added +10.4k |
| Marshall Financial Group, LLC 0.30% of their portfolio | 93.9k $2.1m | Reduced -10 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 75.4k $1.7m | Reduced -112.0k |
| IHT Wealth Management, LLC 0.03% of their portfolio | 71.7k $1.6m | Added +40.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 67.3k $1.5m | Added +27.2k |
| Quaker Wealth Management, LLC 0.41% of their portfolio | 63.8k $1.4m | Added +62.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 62.5k $1.4m | Reduced -264.4k |
| HRT FINANCIAL LP 0.00% of their portfolio | 62.3k $1.4m | Added +49.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 48.5k $1.1m | Added +37.5k |
| Copley Financial Group, Inc. 0.60% of their portfolio | 45.2k $997.4k | Reduced -39.8k |
| CITIGROUP INC 0.00% of their portfolio | 42.9k $947.4k | New |
| Titiun Yejiel 0.81% of their portfolio | 42.3k $934.1k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 40.6k $896.9k | Reduced -11.3k |
| Linden Thomas Advisory Services, LLC 0.07% of their portfolio | 40.6k $896.3k | Added +3.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 37.6k $830.9k | Reduced -1.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 36.6k $807.0k | Reduced -21.9k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 36.2k $799.1k | Added +732 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 31.4k $694.0k | Reduced -300 |
| Alhambra Investment Management LLC 0.30% of their portfolio | 31.3k $690.9k | Reduced -563 |
| Belvedere Trading LLC 0.05% of their portfolio | 28.6k $630.8k | Added +19.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 28.0k $619.0k | Reduced -298.9k |
| Pekin Hardy Strauss, Inc. 0.05% of their portfolio | 25.9k $571.3k | Reduced -250 |
| Ameritas Advisory Services, LLC 0.01% of their portfolio | 22.6k $499.6k | Reduced -750 |
| Essex Financial Services, Inc. 0.02% of their portfolio | 21.1k $466.4k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 19.6k $431.3k | Reduced -1.6k |
| Optiver Holding B.V. 0.01% of their portfolio | 18.6k $410.1k | Added +3.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 18.1k $398.6k | Reduced -18.4k |
| Mutual Advisors, LLC 0.01% of their portfolio | 17.9k $394.2k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 16.0k $353.3k | Reduced -6.2k |
| MATAURO, LLC 0.04% of their portfolio | 14.5k $320.3k | Reduced -29.9k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 14.3k $315.4k | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 14.0k $309.6k | Added +1.9k |
| AE Wealth Management LLC 0.00% of their portfolio | 13.7k $302.8k | Reduced -1.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 13.5k $297.7k | New |
| Kellett Wealth Advisors, LLC 0.14% of their portfolio | 13.4k $295.4k | Added +40 |
| Compound Planning, Inc. 0.01% of their portfolio | 13.3k $294.3k | Added +70 |
| Total Wealth Planning & Management, Inc. 0.21% of their portfolio | 12.9k $284.1k | Reduced -3.2k |
| Belpointe Asset Management LLC 0.01% of their portfolio | 12.8k $281.9k | Reduced -1.1k |
| Fortis Capital Advisors, LLC 0.03% of their portfolio | 12.8k $281.9k | Reduced -1.1k |
| Valeo Financial Advisors, LLC 0.01% of their portfolio | 12.8k $281.5k | Unchanged |
| Betterment LLC 0.00% of their portfolio | 12.3k $271.0k | Reduced -164 |
| J.W. COLE ADVISORS, INC. 0.00% of their portfolio | 12.2k $269.6k | Added +4.2k |
| AMG National Trust Bank 0.01% of their portfolio | 11.5k $253.8k | Reduced -2.9k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 11.4k $251.0k | Reduced -1.7k |
| HighTower Advisors, LLC 0.00% of their portfolio | 10.8k $238.5k | Reduced -13.8k |
| COMPASS CAPITAL CORP /MA/ /ADV 0.09% of their portfolio | 10.8k $271.0k | Added +300 |
| Generation Capital Management LLC 0.15% of their portfolio | 10.8k $237.4k | Added +375 |
| Perigon Wealth Management, LLC 0.00% of their portfolio | 10.7k $235.9k | Reduced -9.7k |
| HB Wealth Management, LLC 0.00% of their portfolio | 10.5k $231.3k | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 9.7k $213.6k | Reduced -4.8k |
| AlphaCore Capital LLC 0.00% of their portfolio | 9.5k $208.9k | Unchanged |
| BENJAMIN EDWARDS INC 0.00% of their portfolio | 9.4k $206.9k | Reduced -490 |
| TUCKER ASSET MANAGEMENT LLC 0.05% of their portfolio | 9.3k $205.1k | Added +883 |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 9.0k $198.7k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 7.4k $164.1k | Unchanged |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.01% of their portfolio | 7.4k $162.5k | Added +1.5k |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 5.9k $131.3k | Reduced -69.7k |
| Heritage Wealth Advisors 0.00% of their portfolio | 5.6k $124.2k | Unchanged |
| Gunpowder Capital Management, LLC dba Oliver Wealth Management 0.08% of their portfolio | 5.0k $110.6k | Reduced -2.0k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 4.4k $97.3k | Reduced -6.7k |
| Luminist Capital LLC 0.09% of their portfolio | 3.6k $78.6k | New |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 3.0k $65.4k | Added +1.2k |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 2.6k $57.3k | New |
| FMR LLC 0.00% of their portfolio | 2.6k $56.4k | Added +2.4k |
| BESSEMER GROUP INC 0.00% of their portfolio | 2.5k $55.0k | New |
| Global Retirement Partners, LLC 0.00% of their portfolio | 2.2k $49.7k | First filing |
| Noble Wealth Management PBC 0.02% of their portfolio | 2.0k $44.4k | Unchanged |
| NATIXIS 0.00% of their portfolio | 1.9k $41.2k | Reduced -394 |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1.6k $36.4k | Added +1.4k |
| BlackRock, Inc. 0.00% of their portfolio | 1.2k $26.2k | Unchanged |
| Strategic Investment Solutions, Inc. /IL 0.01% of their portfolio | 1.1k $25.4k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 1.0k $22.4k | Unchanged |
| HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio | 1.0k $22.0k | Not comparable |
| AdvisorNet Financial, Inc 0.00% of their portfolio | 900 $19.9k | Reduced -405 |
| VALLEY NATIONAL ADVISERS INC 0.00% of their portfolio | 870 $19.2k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 775 $17.1k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 750 $16.6k | Unchanged |
| Keating Financial Advisory Services, Inc. 0.00% of their portfolio | 562 $12.4k | Added +162 |
| Blue Trust, Inc. 0.00% of their portfolio | 500 $11.0k | Unchanged |
| COMPASS FINANCIAL MANAGEMENT LLC 0.00% of their portfolio | 500 $12.2k | First filing |
| Larson Financial Group LLC 0.00% of their portfolio | 490 $10.8k | Reduced -60 |
| Capital Analysts, LLC 0.00% of their portfolio | 440 $10.0k | Unchanged |
| SJS Investment Consulting Inc. 0.00% of their portfolio | 375 $8.3k | Unchanged |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 360 $7.9k | New |
| PROFFITT & GOODSON INC 0.00% of their portfolio | 325 $7.2k | Unchanged |
| Hilltop National Bank 0.00% of their portfolio | 300 $6.6k | Unchanged |