Vault-13

ETFS GOLD TR SGOL

PHYSCL GOLD SHS · ETP · CUSIP 00326A104

465 institutional holders -25 vs Q1 2026
63,687,45963.7m shares reported held*
$2.4bnreported value*
39 new 129 added 149 reduced 61 sold out net sold ≈ $13.9m (-373.0k shares)

* 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 ($2.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.31. Options: 6 managers hold calls ($20.6m notional), 6 hold puts ($5.2m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 219Q4 22: 241Q1 23: 239Q2 23: 258Q3 23: 261Q4 23: 292Q1 24: 283Q2 24: 304Q3 24: 324Q4 24: 358Q1 25: 387Q2 25: 392Q3 25: 407Q4 25: 467Q1 26: 490Q2 26: 465465Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022219
Q4 2022241
Q1 2023239
Q2 2023258
Q3 2023261
Q4 2023292
Q1 2024283
Q2 2024304
Q3 2024324
Q4 2024358
Q1 2025387
Q2 2025392
Q3 2025407
Q4 2025467
Q1 2026490
Q2 2026465

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q3 24: 132 bought or addedQ3 24: 105 cut or sold outQ4 24: 141 bought or addedQ4 24: 123 cut or sold outQ4 24Q1 25: 178 bought or addedQ1 25: 131 cut or sold outQ2 25: 149 bought or addedQ2 25: 174 cut or sold outQ2 25Q3 25: 181 bought or addedQ3 25: 142 cut or sold outQ4 25: 190 bought or addedQ4 25: 163 cut or sold outQ4 25Q1 26: 182 bought or addedQ1 26: 220 cut or sold outQ2 26: 168 bought or addedQ2 26: 210 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024132105
Q4 2024141123
Q1 2025178131
Q2 2025149174
Q3 2025181142
Q4 2025190163
Q1 2026182220
Q2 2026168210

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 25 calls: $10.6mQ3 25 puts: $1.2mQ3 25P/C 0.11Q4 25 calls: $14.6mQ4 25 puts: $12.1mQ4 25P/C 0.82Q1 26 calls: $8.4mQ1 26 puts: $14.9mQ1 26P/C 1.78Q2 26 calls: $20.6mQ2 26 puts: $5.2mQ2 26P/C 0.25
Numbers
QuarterCallsPutsP/C
Q3 2025$10.6m$1.2m0.11
Q4 2025$14.6m$12.1m0.82
Q1 2026$8.4m$14.9m1.78
Q2 2026$20.6m$5.2m0.25

Biggest buyers

Metis Global Partners, LLC Added +1,202,137+1.2m
JPMORGAN CHASE & CO Added +604,694+604.7k
NewEdge Advisors, LLC Added +393,006+393.0k
Virtu Financial LLC New +360,880+360.9k
Cambridge Investment Research Advisors, Inc. Added +327,344+327.3k
Jump Financial, LLC New +239,696+239.7k
New Harbor Financial Group, LLC New +185,905+185.9k
Empowered Funds, LLC New +164,705+164.7k
EP Wealth Advisors, LLC New +111,678+111.7k
MML INVESTORS SERVICES, LLC Added +91,496+91.5k

Biggest sellers

Quadrature Capital Ltd Sold out -620,280-620.3k
LPL Financial LLC Reduced -373,183-373.2k
GUARDIAN POINT CAPITAL, LP Reduced -300,000-300.0k
Inspire Advisors, LLC Reduced -253,747-253.7k
Allen Capital Group, LLC Reduced -243,770-243.8k
WELLS FARGO & COMPANY/MN Reduced -234,426-234.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -173,899-173.9k
GOLDMAN SACHS GROUP INC Sold out -170,278-170.3k
CITADEL ADVISORS LLC Sold out -170,175-170.2k
Kensington Asset Management, LLC Reduced -160,765-160.8k

Biggest calls

SIMPLEX TRADING, LLC Added $10.3m269.5k shares
JANE STREET GROUP, LLC Added $3.9m101.6k shares
CITADEL ADVISORS LLC Added $3.7m97.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.6m41.2k shares
GROUP ONE TRADING LLC Added $607.9k15.9k shares
IMC-Chicago, LLC Reduced $462.6k12.1k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $2.0m52.0k shares
JANE STREET GROUP, LLC Reduced $1.6m40.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $764.6k20.0k shares
SIMPLEX TRADING, LLC Reduced $435.8k11.4k shares
IMC-Chicago, LLC Reduced $347.9k9.1k shares
GROUP ONE TRADING LLC Reduced $72.6k1.9k 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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Metis Global Partners, LLC 6.76% of their portfolio San Diego, CA 7,792,8507.8m $297.9m $297.9m 6.76% Added +1.2m +1,202,137
2 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 6,958,3337.0m $266.1m $266.1m 0.02% Added +604.7k +604,694
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,380,4643.4m $129.2m $129.2m 0.01% Reduced -34.5k -34,496
4 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,852,9302.9m $109.1m $109.1m 0.02% Reduced -234.4k -234,426
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,317,6292.3m $88.6m $88.6m 0.00% Added +59.4k +59,422
6 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,899,0231.9m $72.6m $72.6m 0.02% Reduced -373.2k -373,183
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,733,4471.7m $66.3m $66.3m 0.01% Added +53.7k +53,655
8 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 1,566,3381.6m $59.9m $59.9m 0.06% Added +31.7k +31,657
9 Almanack Investment Partners, LLC. 5.12% of their portfolio WAYNE, PA 1,050,5141.1m $40.2m $40.2m 5.12% Added +53.4k +53,406
10 Waverly Advisors, LLC 0.21% of their portfolio BIRMINGHAM, AL 966,282966.3k $36.9m $36.9m 0.21% Added +12.6k +12,554
11 Ethos Financial Group, LLC 2.39% of their portfolio KING OF PRUSSIA, PA 928,068928.1k $35.7m $35.7m 2.39% Reduced -96.3k -96,328
12 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 695,666695.7k $26.6m $26.6m 0.08% Added +393.0k +393,006
13 Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio SEOUL, M5 669,550669.5k $25.6m $25.6m 0.05% Reduced -85.0k -85,000
14 Jain Global LLC 0.29% of their portfolio NEW YORK, NY 644,220644.2k $24.6m $24.6m 0.29% Unchanged
15 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 633,001633.0k $24.2m $24.2m 0.03% Added +50.8k +50,771
16 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 623,368623.4k $23.8m $23.8m 0.03% Added +327.3k +327,344
17 Kestra Advisory Services, LLC 0.08% of their portfolio AUSTIN, TX 615,522615.5k $23.5m $23.5m 0.08% Reduced -77.1k -77,144
18 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 611,292611.3k $23.4m $23.4m 0.01% Reduced -97.4k -97,406
19 W1M Asset Management Ltd 0.21% of their portfolio London, X0 604,978605.0k $23.1m $23.1m 0.21% Added +30.3k +30,290
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 597,450597.5k $22.8m $22.8m 0.00% Reduced -66.1k -66,055
21 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 554,175554.2k $21.2m $21.2m 0.02% Reduced -2.5k -2,500
22 MAI Capital Management 0.08% of their portfolio INDEPENDENCE, OH 552,145552.1k $21.1m $21.1m 0.08% Added +10.4k +10,406
23 Global View Capital Management LLC 4.14% of their portfolio WAUKESHA, WI 524,023524.0k $20.0m $20.0m 4.14% Reduced -135.5k -135,529
24 BFSG, LLC 1.70% of their portfolio IRVINE, CA 501,622501.6k $19.2m $19.2m 1.70% Added +2.2k +2,180
25 Towneley Capital Management, Inc / DE 3.74% of their portfolio LAGUNA HILLS, CA 498,155498.2k $19.0m $19.0m 3.74% Added +342 +342
26 Encompass More Asset Management 2.78% of their portfolio Danville, CA 495,540495.5k $18.9m $18.9m 2.78% Reduced -11.3k -11,332
27 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 483,018483.0k $18.5m $18.5m 0.01% Reduced -42.2k -42,154
28 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 463,007463.0k $17.7m $17.7m 0.04% Added +91.5k +91,496
29 Ameliora Wealth Management Ltd. 5.23% of their portfolio ZURICH, V8 460,484460.5k $17.6m $17.6m 5.23% Reduced -10.5k -10,530
30 WT Wealth Management 4.35% of their portfolio SCOTTSDALE, AZ 411,067411.1k $15.7m $15.7m 4.35% Reduced -15.6k -15,566
31 ADVISORS MANAGEMENT GROUP INC /ADV 2.58% of their portfolio LA CROSSE, WI 406,785406.8k $15.6m $15.6m 2.58% Reduced -1.5k -1,479
32 Stonebridge Financial Group, LLC 1.17% of their portfolio Wormleysburg, PA 403,471403.5k $15.4m $15.4m 1.17% Added +12.7k +12,741
33 Blue Trust, Inc. 0.16% of their portfolio BRENTWOOD, TN 391,720391.7k $15.0m $15.0m 0.16% Reduced -7.1k -7,130
34 Merit Financial Group, LLC 0.09% of their portfolio ALPHARETTA, GA 368,968369.0k $14.1m $14.1m 0.09% Added +7.3k +7,323
35 Virtu Financial LLC 0.43% of their portfolio New York, NY 360,880360.9k $13.8m $13.8m 0.43% New
36 MRWM Advisors, LLC 5.30% of their portfolio NASHVILLE, TN 337,082337.1k $12.9m $12.9m 5.30% Added +8.8k +8,785
37 Choate Investment Advisors 0.22% of their portfolio BOSTON, MA 333,575333.6k $12.8m $12.8m 0.22% Reduced -4.1k -4,069
38 Norris Financial Group, LLC 4.97% of their portfolio GREENVILLE, SC 326,883326.9k $12.5m $12.5m 4.97% Added +20.5k +20,498
39 Mountain Lake Investment Management LLC 7.72% of their portfolio SAN FRANCISCO, CA 324,355324.4k $12.4m $12.4m 7.72% Reduced -563 -563
40 Newman Dignan & Sheerar, Inc. 2.35% of their portfolio PROVIDENCE, RI 321,721321.7k $12.3m $12.3m 2.35% Reduced -9.1k -9,051
41 180 WEALTH ADVISORS, LLC 1.20% of their portfolio FEDERAL WAY, WA 312,216312.2k $11.9m $11.9m 1.20% Reduced -4.2k -4,204
42 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 311,808311.8k $11.9m $11.9m 0.00% Added +7.2k +7,227
43 Savvy Advisors, Inc. 0.25% of their portfolio NEW YORK, NY 305,941305.9k $11.7m $11.7m 0.25% Reduced -42.9k -42,863
44 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 303,907303.9k $11.6m $11.6m 0.01% Added +22.0k +21,961
45 GUARDIAN POINT CAPITAL, LP 3.53% of their portfolio CHARLOTTESVILLE, VA 300,000300.0k $11.5m $11.5m 3.53% Reduced -300.0k -300,000
46 E Fund Management Co., Ltd. 0.26% of their portfolio GUANGZHOU, F4 299,341299.3k $11.4m $11.4m 0.26% Reduced -7.5k -7,549
47 Evelyn Partners Group Ltd 0.19% of their portfolio LONDON, X0 286,636286.6k $11.0m $11.0m 0.19% First filing
48 Focus Financial Network, Inc. 0.34% of their portfolio MINNEAPOLIS, MN 283,322283.3k $10.8m $10.8m 0.34% Reduced -75.1k -75,094
49 China Universal Asset Management Co., Ltd. 0.63% of their portfolio SHANGHAI, F4 276,500276.5k $10.6m $10.6m 0.63% Unchanged
50 Timber Creek Capital Management LLC 2.09% of their portfolio BOSTON, MA 268,201268.2k $10.3m $10.3m 2.09% Added +5.5k +5,500
51 FULCRUM WEALTH ADVISORS, LLC 7.83% of their portfolio BELLEVUE, WA 267,965268.0k $10.2m $10.2m 7.83% Reduced -32.9k -32,898
52 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 266,931266.9k $10.2m $10.2m 0.01% Unchanged
53 Mariner, LLC 0.01% of their portfolio Overland Park, KS 260,026260.0k $9.9m $9.9m 0.01% Added +33.9k +33,931
54 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 256,987257.0k $9.8m $9.8m 0.00% Reduced -1.9k -1,884
55 Cypress Capital, LLC 2.65% of their portfolio FRANKLIN, TN 255,306255.3k $9.8m $9.8m 2.65% Reduced -5.0k -5,038
56 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 253,156253.2k $9.8m $9.8m 0.00% Added +50.4k +50,409
57 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 244,324244.3k $9.3m $9.3m 0.01% Reduced -38.3k -38,325
58 Avestar Capital, LLC 0.55% of their portfolio New York, NY 241,512241.5k $9.2m $9.2m 0.55% Added +4.3k +4,337
59 Jump Financial, LLC 0.08% of their portfolio Chicago, IL 239,696239.7k $9.2m $9.2m 0.08% New
60 Harvest Fund Management Co., Ltd 0.30% of their portfolio BEIJING, F4 237,105237.1k $9.1m $9.1m 0.30% Reduced -62.1k -62,075
61 Empirical Asset Management, LLC 1.99% of their portfolio WELLESLEY, MA 231,691231.7k $8.9m $8.9m 1.99% Added +20.1k +20,097
62 Capital Management Associates, Inc 1.76% of their portfolio MINNEAPOLIS, MN 228,670228.7k $8.7m $8.7m 1.76% Reduced -33.9k -33,863
63 Allen Capital Group, LLC 0.69% of their portfolio GRAND ISLAND, NE 219,428219.4k $8.4m $8.4m 0.69% Reduced -243.8k -243,770
64 Fiduciary Alliance LLC 0.49% of their portfolio GREENVILLE, SC 191,378191.4k $7.3m $7.3m 0.49% Reduced -59.7k -59,679
65 New Harbor Financial Group, LLC 1.13% of their portfolio WORCESTER, MA 185,905185.9k $7.1m $7.1m 1.13% New
66 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 166,110166.1k $6.4m $6.4m 0.03% Added +608 +608
67 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 165,848165.8k $6.3m $6.3m 0.01% Added +29.0k +29,043
68 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 165,410165.4k $6.3m $6.3m 0.01% Reduced -35.6k -35,589
69 Empowered Funds, LLC 0.03% of their portfolio NEWTOWN SQUARE, PA 164,705164.7k $6.3m $6.3m 0.03% New
70 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 161,221161.2k $6.2m $6.2m 0.01% Added +7.9k +7,936
71 BCM ADVISORS, LLC 1.18% of their portfolio LAFAYETTE, LA 156,755156.8k $6.0m $6.0m 1.18% Added +4.7k +4,660
72 CHOREO, LLC 0.06% of their portfolio ROCKFORD, IL 153,534153.5k $5.9m $5.9m 0.06% Reduced -942 -942
73 Ervin Investment Management, LLC 3.18% of their portfolio SEATTLE, WA 153,105153.1k $5.9m $5.9m 3.18% Added +8.7k +8,685
74 Avos Capital Management, LLC 2.38% of their portfolio SEATTLE, WA 149,878149.9k $5.7m $5.7m 2.38% Added +3.5k +3,516
75 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 147,686147.7k $5.6m $5.6m 0.01% Reduced -173.9k -173,899
76 Clear Retirement Advice LLC 3.83% of their portfolio SAN MATEO, CA 146,485146.5k $5.6m $5.6m 3.83% Added +24.8k +24,808
77 Luminist Capital LLC 6.28% of their portfolio GRAND RAPIDS, MI 146,239146.2k $5.6m $5.6m 6.28% Added +18.8k +18,790
78 LaSalle St. Investment Advisors, LLC 0.65% of their portfolio ELMHURST, IL 138,405138.4k $5.3m $5.3m 0.65% Added +6.1k +6,116
79 Terra Nova Asset Management LLC 3.07% of their portfolio NEW YORK, NY 131,151131.2k $5.0m $5.0m 3.07% Added +317 +317
80 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 127,345127.3k $4.9m $4.9m 0.00% Reduced -3.4k -3,371
81 Stonehage Fleming Financial Services Holdings Ltd 0.16% of their portfolio ST. HELIER, Y9 126,335126.3k $4.8m $4.8m 0.16% Reduced -22.2k -22,238
82 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 123,155123.2k $4.7m $4.7m 0.00% Reduced -128.5k -128,458
83 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 122,660122.7k $4.7m $4.7m 0.01% Added +77.1k +77,098
84 MONECO ADVISORS, LLC 0.28% of their portfolio FAIRFIELD, CT 121,068121.1k $4.6m $4.6m 0.28% Reduced -30.0k -30,016
85 Proficio Capital Partners LLC 0.17% of their portfolio NEWTON, MA 120,423120.4k $4.6m $4.6m 0.17% Unchanged
86 Arete Wealth Advisors, LLC 0.30% of their portfolio CHICAGO, IL 116,948116.9k $4.5m $4.5m 0.30% Added +11.9k +11,867
87 Go Invest LLC 1.04% of their portfolio WEST JORDAN, UT 115,884115.9k $4.4m $4.4m 1.04% Added +10.6k +10,574
88 SYON CAPITAL LLC 0.19% of their portfolio SAN FRANCISCO, CA 115,136115.1k $4.4m $4.4m 0.19% Unchanged
89 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 114,311114.3k $4.4m $4.4m 0.00% Reduced -25.7k -25,688
90 Narwhal Capital Management 0.30% of their portfolio MARIETTA, GA 112,946112.9k $4.3m $4.3m 0.30% Reduced -302 -302
91 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 111,678111.7k $4.3m $4.3m 0.02% New
92 Pinnacle Financial Partners, Inc. 0.03% of their portfolio ATLANTA, GA 107,937107.9k $4.1m $4.1m 0.03% Unchanged
93 Arkadios Wealth Advisors 0.06% of their portfolio ATLANTA, GA 106,936106.9k $4.1m $4.1m 0.06% Added +2.8k +2,789
94 Wealth Watch Advisors, INC 1.29% of their portfolio ENGLEWOOD, CO 103,618103.6k $4.0m $4.0m 1.29% Reduced -19.5k -19,511
95 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 103,048103.0k $3.9m $3.9m 0.01% Added +8.8k +8,807
96 WCG Wealth Advisors LLC 0.09% of their portfolio LAS VEGAS, NV 102,536102.5k $3.9m $3.9m 0.09% Added +258 +258
97 Atlatl Advisers LLC 0.88% of their portfolio MADISON, WI 96,68996.7k $3.7m $3.7m 0.88% Added +952 +952
98 SEEDS INVESTOR LLC 0.38% of their portfolio NEW YORK, NY 96,68196.7k $3.7m $3.7m 0.38% Added +1.4k +1,444
99 Eurizon Asset Management Hungary Ltd. 3.86% of their portfolio BUDAPEST, K5 94,75094.8k $3.6m $3.6m 3.86% Added +9.0k +9,000
100 Brookstone Capital Management 0.04% of their portfolio WHEATON, IL 94,13094.1k $3.6m $3.6m 0.04% Added +3.0k +3,027