Vault-13

GLOBAL X FDS COPX

GLOBAL X COPPER · ETP · CUSIP 37954Y830

480 institutional holders +52 vs Q1 2026
44,632,28144.6m shares reported held*
$3.4bnreported value*
96 new 182 added 102 reduced 44 sold out net bought ≈ $633.4m (+8.3m 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 ($8.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $76.65. Options: 26 managers hold calls ($981.3m notional), 18 hold puts ($411.2m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 117Q4 22: 128Q1 23: 146Q2 23: 160Q3 23: 152Q4 23: 158Q1 24: 165Q2 24: 216Q3 24: 197Q4 24: 196Q1 25: 189Q2 25: 201Q3 25: 227Q4 25: 300Q1 26: 428Q2 26: 480480Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022117
Q4 2022128
Q1 2023146
Q2 2023160
Q3 2023152
Q4 2023158
Q1 2024165
Q2 2024216
Q3 2024197
Q4 2024196
Q1 2025189
Q2 2025201
Q3 2025227
Q4 2025300
Q1 2026428
Q2 2026480

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 24: 93 bought or addedQ3 24: 101 cut or sold outQ4 24: 89 bought or addedQ4 24: 96 cut or sold outQ4 24Q1 25: 78 bought or addedQ1 25: 91 cut or sold outQ2 25: 99 bought or addedQ2 25: 84 cut or sold outQ2 25Q3 25: 119 bought or addedQ3 25: 89 cut or sold outQ4 25: 185 bought or addedQ4 25: 72 cut or sold outQ4 25Q1 26: 319 bought or addedQ1 26: 128 cut or sold outQ2 26: 278 bought or addedQ2 26: 146 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202493101
Q4 20248996
Q1 20257891
Q2 20259984
Q3 202511989
Q4 202518572
Q1 2026319128
Q2 2026278146

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ3 25 calls: $99.9mQ3 25 puts: $16.2mQ3 25P/C 0.16Q4 25 calls: $52.9mQ4 25 puts: $39.7mQ4 25P/C 0.75Q1 26 calls: $359.9mQ1 26 puts: $335.4mQ1 26P/C 0.93Q2 26 calls: $981.3mQ2 26 puts: $411.2mQ2 26P/C 0.42
Numbers
QuarterCallsPutsP/C
Q3 2025$99.9m$16.2m0.16
Q4 2025$52.9m$39.7m0.75
Q1 2026$359.9m$335.4m0.93
Q2 2026$981.3m$411.2m0.42

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +1,843,348+1.8m
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Added +1,289,583+1.3m
JPMORGAN CHASE & CO Added +1,160,141+1.2m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,040,191+1.0m
GOLDMAN SACHS GROUP INC Added +864,060+864.1k
Temasek Holdings (Private) Ltd New +426,814+426.8k
Quadrature Capital Ltd New +387,068+387.1k
Woodline Partners LP New +355,224+355.2k
Agave Capital Management Ltd New +285,724+285.7k
OLD MISSION CAPITAL LLC New +230,475+230.5k

Biggest sellers

OMERS ADMINISTRATION Corp Reduced -734,643-734.6k
Nearwater Capital Markets, Ltd Reduced -434,400-434.4k
D. E. Shaw & Co., Inc. Reduced -365,308-365.3k
Gemsstock Ltd. Sold out -241,200-241.2k
JANE STREET GROUP, LLC Reduced -224,710-224.7k
Phoenix Financial Ltd. Reduced -213,486-213.5k
Qube Research & Technologies Ltd Sold out -197,841-197.8k
GROUP ONE TRADING LLC Reduced -145,302-145.3k
FNY Investment Advisers, LLC Reduced -105,546-105.5k
Cercano Management LLC Sold out -104,678-104.7k

Biggest calls

BANK OF MONTREAL /CAN/ New $444.7m5.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $181.9m2.4m shares
CITADEL ADVISORS LLC Added $131.8m1.7m shares
JANE STREET GROUP, LLC Added $58.7m762.9k shares
UBS Group AG Added $50.9m660.8k shares
TUDOR INVESTMENT CORP ET AL New $46.2m600.0k shares
DRW Securities, LLC New $10.1m131.5k shares
Point72 Asset Management, L.P. Added $10.0m130.2k shares
LMR Partners LLP New $9.6m125.0k shares
ROYAL BANK OF CANADA New $7.9m102.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $199.2m2.6m shares
JANE STREET GROUP, LLC Reduced $116.2m1.5m shares
CITIGROUP INC Added $26.1m338.6k shares
CITADEL ADVISORS LLC Reduced $21.2m275.0k shares
K2 PRINCIPAL FUND, L.P. Reduced $13.9m180.0k shares
CREDIT INDUSTRIEL ET COMMERCIAL Added $6.9m90.0k shares
BANK OF MONTREAL /CAN/ Added $6.2m81.2k shares
Fore Capital, LLC New $6.2m80.0k shares
WELLS FARGO & COMPANY/MN New $3.8m50.0k shares
Pentwater Capital Management LP Added $3.8m50.0k 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.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.70% of their portfolio CAUSEWAY BAY, K3 7,719,7457.7m $584.9m $584.9m 0.70% Added +1.3m +1,289,583
2 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 3,563,6003.6m $269.9m $269.9m 0.02% Added +1.2m +1,160,141
3 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 3,027,3923.0m $233.0m $233.0m 0.02% Added +1.8m +1,843,348
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,984,4603.0m $229.7m $229.7m 0.01% Added +94.5k +94,465
5 PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio BALTIMORE, MD 2,755,9052.8m $212.1m $212.1m 0.02% Unchanged
6 Harel Insurance Investments & Financial Services Ltd. 0.91% of their portfolio Ramat Gan, L3 2,431,1552.4m $187.6m $187.6m 0.91% Added +140.8k +140,800
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.11% of their portfolio BALA CYNWYD, PA 1,606,6441.6m $123.7m $123.7m 0.11% Added +1.0m +1,040,191
8 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,002,4871.0m $77.2m $77.2m 0.01% Added +864.1k +864,060
9 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 901,965902.0k $69.4m $69.4m 0.02% Added +62.7k +62,696
10 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 862,414862.4k $66.4m $66.4m 0.01% Added +208.8k +208,776
11 UBS Group AG 0.01% of their portfolio ZURICH, V8 837,084837.1k $64.4m $64.4m 0.01% Added +15.7k +15,747
12 Phoenix Financial Ltd. 0.33% of their portfolio Givatayim, L3 627,000627.0k $48.4m $48.4m 0.33% Reduced -213.5k -213,486
13 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 557,663557.7k $42.9m $42.9m 0.01% Added +226.4k +226,368
14 FIL Ltd 0.03% of their portfolio HAMILTON, D0 509,586509.6k $39.2m $39.2m 0.03% Reduced -30.3k -30,275
15 Federation des caisses Desjardins du Quebec 0.12% of their portfolio LEVIS, A8 507,995508.0k $39.1m $39.1m 0.12% Added +138.5k +138,521
16 Nearwater Capital Markets, Ltd 0.66% of their portfolio NEW YORK, NY 500,000500.0k $38.5m $38.5m 0.66% Reduced -434.4k -434,400
17 BW Gestao de Investimentos Ltda. 0.84% of their portfolio SAO PAULO, D5 453,150453.1k $34.9m $34.9m 0.84% Added +43.1k +43,100
18 Temasek Holdings (Private) Ltd 0.09% of their portfolio SINGAPORE, U0 426,814426.8k $32.9m $32.9m 0.09% New
19 Quadrature Capital Ltd 0.25% of their portfolio LONDON, X0 387,068387.1k $29.8m $29.8m 0.25% New
20 Woodline Partners LP 0.08% of their portfolio San Francisco, CA 355,224355.2k $27.3m $27.3m 0.08% New
21 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 326,852326.9k $25.2m $25.2m 0.01% Added +14.6k +14,576
22 J.Safra Asset Management Corp 1.08% of their portfolio NEW YORK, NY 303,306303.3k $23.3m $23.3m 1.08% Added +5.2k +5,177
23 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 301,804301.8k $23.2m $23.2m 0.01% Added +45.4k +45,429
24 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 296,396296.4k $22.8m $22.8m 0.01% Added +100.6k +100,626
25 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 295,352295.4k $22.7m $22.7m 0.01% Reduced -73.5k -73,469
26 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 294,376294.4k $22.7m $22.7m 0.01% Reduced -365.3k -365,308
27 Agave Capital Management Ltd 2.40% of their portfolio LONDON, X0 285,724285.7k $22.0m $22.0m 2.40% New
28 Fielder Capital Group LLC 4.73% of their portfolio NASHVILLE, TN 283,833283.8k $21.8m $21.8m 4.73% Reduced -3.1k -3,065
29 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 241,249241.2k $18.6m $18.6m 0.02% Reduced -4.6k -4,580
30 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 233,500233.5k $18.0m $18.0m 0.02% Added +120.0k +119,980
31 OLD MISSION CAPITAL LLC 0.45% of their portfolio CHICAGO, IL 230,475230.5k $17.7m $17.7m 0.45% New
32 Proficio Capital Partners LLC 0.63% of their portfolio NEWTON, MA 226,952227.0k $17.5m $17.5m 0.63% Added +56.3k +56,265
33 Jefferies Financial Group Inc. 0.15% of their portfolio NEW YORK, NY 206,846206.8k $15.9m $15.9m 0.15% Added +199.7k +199,703
34 Black Swift Group, LLC 2.27% of their portfolio BOULDER, CO 203,728203.7k $15.7m $15.7m 2.27% Added +344 +344
35 FWL INVESTMENT MANAGEMENT, LLC 2.74% of their portfolio Dallas, TX 194,128194.1k $14.9m $14.9m 2.74% Added +10.4k +10,367
36 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 191,880191.9k $14.8m $14.8m 0.02% Reduced -27.5k -27,528
37 RED CEDAR INVESTMENT MANAGEMENT, LLC 1.38% of their portfolio GRAND RAPIDS, MI 189,927189.9k $14.6m $14.6m 1.38% Added +91.3k +91,253
38 SCOTIA CAPITAL INC. 0.05% of their portfolio TORONTO, A6 178,955179.0k $13.8m $13.8m 0.05% Added +11.6k +11,619
39 SAVA PENZISKO DRUSHTVO A.D. SKOPJE 3.59% of their portfolio SKOPJE, 1U 178,205178.2k $13.4m $13.4m 3.59% Added +155.1k +155,105
40 OMERS ADMINISTRATION Corp 0.08% of their portfolio TORONTO, A6 177,660177.7k $13.7m $13.7m 0.08% Reduced -734.6k -734,643
41 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 171,817171.8k $13.2m $13.2m 0.01% Added +17.6k +17,551
42 GROUP ONE TRADING LLC 0.36% of their portfolio CHICAGO, IL 160,884160.9k $12.4m $12.4m 0.36% Reduced -145.3k -145,302
43 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 156,117156.1k $12.0m $12.0m 0.02% Reduced -28.8k -28,808
44 BROWN ADVISORY INC 0.02% of their portfolio BALTIMORE, MD 150,289150.3k $11.4m $11.4m 0.02% New
45 Trivium Point Advisory, LLC 1.04% of their portfolio WILTON, CT 148,714148.7k $11.4m $11.4m 1.04% Added +127.2k +127,193
46 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 144,334144.3k $11.1m $11.1m 0.01% Reduced -74.9k -74,912
47 CIBC Bancorp USA Inc. 0.01% of their portfolio CHICAGO, IL 130,428130.4k $10.0m $10.0m 0.01% New
48 IMC-Chicago, LLC 0.09% of their portfolio CHICAGO, IL 121,003121.0k $9.3m $9.3m 0.09% Added +66.3k +66,265
49 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 110,180110.2k $8.5m $8.5m 0.00% New
50 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 107,119107.1k $8.2m $8.2m 0.01% Added +33.3k +33,272
51 BECK CAPITAL MANAGEMENT, LLC 1.48% of their portfolio AUSTIN, TX 104,183104.2k $8.0m $8.0m 1.48% Added +183 +183
52 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 102,879102.9k $7.9m $7.9m 0.04% Reduced -719 -719
53 K.J. Harrison & Partners Inc 1.10% of their portfolio TORONTO, A6 101,297101.3k $7.8m $7.8m 1.10% Added +36.0k +36,000
54 Jump Financial, LLC 0.07% of their portfolio Chicago, IL 100,332100.3k $7.7m $7.7m 0.07% Added +82.6k +82,583
55 MAI Capital Management 0.03% of their portfolio INDEPENDENCE, OH 98,58598.6k $7.6m $7.6m 0.03% Added +34.8k +34,820
56 Roehl & Yi Investment Advisors, LLC 0.03% of their portfolio Eugene, OR 98,15998.2k $98.2k $98.2k 0.03% New
57 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 97,66497.7k $7.5m $7.5m 0.02% Added +72.8k +72,756
58 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 96,83396.8k $7.5m $7.5m 0.01% Added +31.8k +31,789
59 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 96,36596.4k $7.4m $7.4m 0.01% Added +86.3k +86,315
60 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 91,64891.6k $7.1m $7.1m 0.01% Added +73.8k +73,750
61 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 91,44091.4k $7.0m $7.0m 0.00% Added +20.2k +20,236
62 FIDUCIARY FINANCIAL GROUP, LLC 0.80% of their portfolio SAN RAFAEL, CA 91,17391.2k $7.0m $7.0m 0.80% Added +15.6k +15,586
63 TD Waterhouse Canada Inc. 0.02% of their portfolio TORONTO, A6 85,71085.7k $6.5m $6.5m 0.02% Added +2.4k +2,404
64 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 85,29185.3k $6.6m $6.6m 0.01% Added +21.7k +21,657
65 MARCO INVESTMENT MANAGEMENT LLC 0.43% of their portfolio ATLANTA, GA 84,40084.4k $6.5m $6.5m 0.43% Unchanged
66 W1M Asset Management Ltd 0.06% of their portfolio London, X0 84,19184.2k $6.5m $6.5m 0.06% Added +57.1k +57,090
67 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 82,79682.8k $6.3m $6.3m 0.00% Added +27.4k +27,367
68 Legend Financial Advisors, Inc. 3.58% of their portfolio PITTSBURGH, PA 81,97082.0k $6.3m $6.3m 3.58% Reduced -6.0k -5,955
69 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 79,31879.3k $6.1m $6.1m 0.03% Added +7.2k +7,194
70 DRW Securities, LLC 0.35% of their portfolio CHICAGO, IL 75,25475.3k $5.8m $5.8m 0.35% New
71 Bayshore Capital Advisors, LLC 2.69% of their portfolio TAMPA, FL 74,87774.9k $5.8m $5.8m 2.69% Added +58.5k +58,545
72 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 73,97674.0k $5.7m $5.7m 0.01% Added +31.5k +31,488
73 PCG Wealth Advisors, LLC 1.26% of their portfolio OVERLAND PARK, KS 73,32473.3k $5.6m $5.6m 1.26% Added +850 +850
74 Corecam Pte. Ltd. 2.11% of their portfolio SINGAPORE, U0 72,30072.3k $5.6m $5.6m 2.11% Added +1.0k +1,000
75 J.W. COLE ADVISORS, INC. 0.09% of their portfolio TAMPA, FL 67,20467.2k $5.2m $5.2m 0.09% Added +1.3k +1,272
76 Polymer Capital Management (HK) LTD 0.52% of their portfolio HONG KONG, K3 66,00066.0k $5.1m $5.1m 0.52% New
77 Stonebridge Financial Group, LLC 0.38% of their portfolio Wormleysburg, PA 64,50764.5k $5.0m $5.0m 0.38% New
78 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 62,65862.7k $4.8m $4.8m 0.00% Reduced -29.7k -29,714
79 Cypress Capital Group 0.41% of their portfolio Palm Beach, FL 57,19557.2k $4.4m $4.4m 0.41% Added +9.9k +9,938
80 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 54,42954.4k $4.2m $4.2m 0.01% Added +2.8k +2,843
81 Lake Hills Wealth Management, LLC 1.90% of their portfolio AUSTIN, TX 54,37654.4k $4.2m $4.2m 1.90% Added +32 +32
82 PINEBRIDGE INVESTMENTS LLC 0.03% of their portfolio NEW YORK, NY 53,98754.0k $4.2m $4.2m 0.03% Reduced -4.5k -4,491
83 MFA WEALTH ADVISORS, LLC 0.71% of their portfolio PITTSBURGH, PA 53,89753.9k $4.1m $4.1m 0.71% Added +38.3k +38,277
84 Nan Shan Life Insurance Co., Ltd. 0.13% of their portfolio Taipei City, F5 52,74652.7k $4.1m $4.1m 0.13% Added +24.9k +24,875
85 CANTOR FITZGERALD, L. P. 0.04% of their portfolio NEW YORK, NY 49,42649.4k $3.8m $3.8m 0.04% Added +21.5k +21,520
86 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 48,36848.4k $3.7m $3.7m 0.00% Reduced -224.7k -224,710
87 VIEWPOINT INVESTMENT PARTNERS CORP 1.33% of their portfolio CALGARY, A0 45,91845.9k $3.9m $3.9m 1.33% New
88 Financial Sense Advisors, Inc. 0.69% of their portfolio SAN DIEGO, CA 45,61245.6k $3.5m $3.5m 0.69% Added +39.0k +38,984
89 IronBridge Private Wealth, LLC 1.14% of their portfolio Austin, TX 45,18345.2k $3.5m $3.5m 1.14% Reduced -24 -24
90 Marex Group Ltd 0.03% of their portfolio London, X0 44,67244.7k $3.4m $3.4m 0.03% Reduced -2.8k -2,841
91 NATIXIS 0.02% of their portfolio PARIS, I0 44,34044.3k $3.4m $3.4m 0.02% Reduced -17.8k -17,818
92 SIMPLEX TRADING, LLC 0.09% of their portfolio CHICAGO, IL 44,12444.1k $3.4m $3.4m 0.09% Reduced -30.4k -30,384
93 GTS SECURITIES LLC 0.07% of their portfolio NEW YORK, NY 44,09044.1k $3.4m $3.4m 0.07% New
94 Glaxis Capital Management, LLC 6.79% of their portfolio SARASOTA, FL 43,89043.9k $3.4m $3.4m 6.79% Added +4.5k +4,500
95 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 43,81443.8k $3.4m $3.4m 0.00% Added +37.5k +37,547
96 Amitell Capital Pte Ltd 3.04% of their portfolio SINGAPORE, U0 43,13543.1k $3.3m $3.3m 3.04% New
97 NORTHEAST PLANNING ASSOCIATES, INC. / NH / 2.22% of their portfolio BEDFORD, NH 42,15642.2k $3.0m $3.0m 2.22% Reduced -84 -84
98 WOODMONT INVESTMENT COUNSEL LLC 0.17% of their portfolio NASHVILLE, TN 41,23041.2k $3.2m $3.2m 0.17% Added +10.2k +10,152
99 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 39,98740.0k $3.1m $3.1m 0.01% Added +2.0k +1,995
100 Ipsen Advisor Group LLC 1.97% of their portfolio LITTLE ROCK, AR 39,82939.8k $3.1m $3.1m 1.97% Added +1 +1