Vault-13

GOLDMAN SACHS ETF TR GEM

ACTIVEBETA EME · ETP · CUSIP 381430206

148 institutional holders -3 vs Q1 2025
26,025,24626.0m shares reported held*
$967.9mreported value*
14 new 46 added 56 reduced 15 sold out net bought ≈ $39.4m (+1.1m 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 ($338.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $37.19. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 153Q4 22: 142Q1 23: 136Q2 23: 145Q3 23: 148Q4 23: 143Q1 24: 133Q2 24: 141Q3 24: 143Q4 24: 146Q1 25: 151Q2 25: 148148Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022153
Q4 2022142
Q1 2023136
Q2 2023145
Q3 2023148
Q4 2023143
Q1 2024133
Q2 2024141
Q3 2024143
Q4 2024146
Q1 2025151
Q2 2025148

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 53 bought or addedQ3 23: 78 cut or sold outQ4 23: 53 bought or addedQ4 23: 77 cut or sold outQ4 23Q1 24: 44 bought or addedQ1 24: 77 cut or sold outQ2 24: 56 bought or addedQ2 24: 63 cut or sold outQ2 24Q3 24: 48 bought or addedQ3 24: 70 cut or sold outQ4 24: 57 bought or addedQ4 24: 64 cut or sold outQ4 24Q1 25: 59 bought or addedQ1 25: 75 cut or sold outQ2 25: 60 bought or addedQ2 25: 71 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235378
Q4 20235377
Q1 20244477
Q2 20245663
Q3 20244870
Q4 20245764
Q1 20255975
Q2 20256071

Biggest buyers

ROYAL BANK OF CANADA Added +438,359+438.4k
Betterment LLC Added +338,086+338.1k
CITADEL ADVISORS LLC Added +282,724+282.7k
WELLS FARGO & COMPANY/MN Added +245,094+245.1k
GOLDMAN SACHS GROUP INC Added +213,115+213.1k
MARSHALL WACE, LLP Added +129,843+129.8k
JANE STREET GROUP, LLC Added +118,601+118.6k
LPL Financial LLC Added +107,554+107.6k
AlphaCore Capital LLC Added +94,764+94.8k
PRINCIPAL SECURITIES, INC. Added +79,698+79.7k

Biggest sellers

HB Wealth Management, LLC Reduced -655,265-655.3k
Pallas Capital Advisors LLC Sold out -135,066-135.1k
Clearwater Capital Advisors, LLC Reduced -118,835-118.8k
Apella Capital, LLC Reduced -63,205-63.2k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -37,379-37.4k
SigFig Wealth Management, LLC Reduced -35,728-35.7k
Kelman-Lazarov, Inc. Reduced -28,327-28.3k
CW Advisors, LLC Sold out -26,524-26.5k
Atria Wealth Solutions, Inc. Reduced -17,427-17.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -16,887-16.9k

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

None

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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 3,522,9213.5m $131.1m $131.1m 0.03% Added +245.1k +245,094
2 SigFig Wealth Management, LLC 4.06% of their portfolio SAN FRANCISCO, CA 3,303,5123.3m $122.7m $122.7m 4.06% Reduced -35.7k -35,728
3 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 2,941,0972.9m $109.4m $109.4m 0.02% Added +213.1k +213,115
4 Betterment LLC 0.17% of their portfolio NEW YORK, NY 2,098,8542.1m $78.1m $78.1m 0.17% Added +338.1k +338,086
5 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,918,5291.9m $71.4m $71.4m 0.02% Added +107.6k +107,554
6 Arvest Bank Trust Division 2.63% of their portfolio DEWEY, OK 1,212,1841.2m $45.1m $45.1m 2.63% Reduced -7.2k -7,238
7 HB Wealth Management, LLC 0.33% of their portfolio Atlanta, GA 1,124,9491.1m $41.9m $41.9m 0.33% Reduced -655.3k -655,265
8 STATE OF WISCONSIN INVESTMENT BOARD 0.10% of their portfolio MADISON, WI 1,091,8631.1m $40.6m $40.6m 0.10% Unchanged
9 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 815,464815.5k $30.3m $30.3m 0.01% Added +36.6k +36,621
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 718,452718.5k $26.7m $26.7m 0.00% Added +438.4k +438,359
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 706,273706.3k $26.3m $26.3m 0.00% Reduced -15.1k -15,121
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 483,005483.0k $18.0m $18.0m 0.00% Added +964 +964
13 ARVEST INVESTMENTS, INC. 2.50% of their portfolio LOWELL, AR 446,226446.2k $16.6m $16.6m 2.50% Reduced -11.4k -11,404
14 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 392,021392.0k $14.6m $14.6m 0.01% Added +5.0k +4,982
15 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 350,522350.5k $13.0m $13.0m 0.02% Added +4.7k +4,680
16 Apella Capital, LLC 0.34% of their portfolio WEST HARTFORD, CT 338,287338.3k $12.5m $12.5m 0.34% Reduced -63.2k -63,205
17 FIRST FOUNDATION ADVISORS 0.46% of their portfolio Irvine, CA 330,790330.8k $12.3m $12.3m 0.46% Added +8.2k +8,212
18 PRINCIPAL SECURITIES, INC. 0.22% of their portfolio DES MOINES, IA 318,162318.2k $11.8m $11.8m 0.22% Added +79.7k +79,698
19 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 289,967290.0k $10.8m $10.8m 0.01% Added +282.7k +282,724
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 258,100258.1k $9.6m $9.6m 0.00% Added +10.3k +10,322
21 Strategic Financial Services, Inc. 0.49% of their portfolio UTICA, NY 245,844245.8k $9.1m $9.1m 0.49% Added +29.8k +29,787
22 SPINNAKER TRUST 0.46% of their portfolio PORTLAND, ME 204,634204.6k $7.6m $7.6m 0.46% Reduced -10.7k -10,706
23 Destiny Wealth Partners, LLC 0.82% of their portfolio TAVARES, FL 163,880163.9k $6.1m $6.1m 0.82% Added +5.2k +5,246
24 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 157,937157.9k $5.9m $5.9m 0.01% Reduced -538 -538
25 GFG Capital, LLC 1.68% of their portfolio MIAMI, FL 151,428151.4k $5.6m $5.6m 1.68% Reduced -7.9k -7,888
26 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 147,817147.8k $5.5m $5.5m 0.01% Added +129.8k +129,843
27 CoreCap Advisors, LLC 0.20% of their portfolio SOUTHFIELD, MI 132,106132.1k $4.9m $4.9m 0.20% Added +3.2k +3,248
28 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 131,318131.3k $4.9m $4.9m 0.01% Added +118.6k +118,601
29 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 129,989130.0k $4.8m $4.8m 0.02% Reduced -1.3k -1,265
30 AMERICAN NATIONAL BANK & TRUST 0.48% of their portfolio WICHITA FALLS, TX 126,967127.0k $4.7m $4.7m 0.48% Reduced -7.1k -7,101
31 Anchor Investment Management, LLC 0.38% of their portfolio COLUMBIA, SC 116,302116.3k $4.3m $4.3m 0.38% Added +7.0k +7,019
32 AlphaCore Capital LLC 0.16% of their portfolio LA JOLLA, CA 109,617109.6k $4.1m $4.1m 0.16% Added +94.8k +94,764
33 Gladstone Institutional Advisory LLC 0.16% of their portfolio Bedminster, NJ 104,923104.9k $3.9m $3.9m 0.16% Added +908 +908
34 CENTRAL TRUST Co 0.09% of their portfolio JEFFERSON CITY, MO 104,317104.3k $3.9m $3.9m 0.09% Added +4.1k +4,107
35 1900 WEALTH MANAGEMENT LLC 0.22% of their portfolio SAN ANTONIO, TX 78,36878.4k $2.9m $2.9m 0.22% Reduced -3.6k -3,634
36 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 65,13665.1k $2.4m $2.4m 0.00% Reduced -37.4k -37,379
37 GeoWealth Management, LLC 0.09% of their portfolio CHICAGO, IL 62,56262.6k $2.3m $2.3m 0.09% Reduced -2.9k -2,875
38 Mariner, LLC 0.00% of their portfolio Overland Park, KS 53,75853.8k $2.0m $2.0m 0.00% Added +43 +43
39 Clay Northam Wealth Management, LLC 1.27% of their portfolio HUNTINGTON BEACH, CA 53,45753.5k $2.0m $2.0m 1.27% Unchanged
40 OLD MISSION CAPITAL LLC 0.05% of their portfolio CHICAGO, IL 49,00849.0k $1.8m $1.8m 0.05% New
41 ATWOOD & PALMER INC 0.11% of their portfolio KANSAS CITY, MO 47,31047.3k $1.8m $1.8m 0.11% Reduced -757 -757
42 SHUFRO ROSE & CO LLC 0.11% of their portfolio NEW YORK, NY 42,59142.6k $1.4m $1.4m 0.11% Reduced -303 -303
43 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 41,61441.6k $1.5m $1.5m 0.00% Reduced -16.9k -16,887
44 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 40,26340.3k $1.5m $1.5m 0.00% Reduced -406 -406
45 Golden State Wealth Management, LLC 0.16% of their portfolio SANTA ANA, CA 34,40234.4k $1.3m $1.3m 0.16% Reduced -3.2k -3,243
46 Prostatis Group LLC 0.35% of their portfolio HANOVER, MD 32,53932.5k $1.2m $1.2m 0.35% Added +16.6k +16,638
47 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 32,01832.0k $1.2m $1.2m 0.01% Reduced -140 -140
48 Keebeck Wealth Management 0.15% of their portfolio Chicago, IL 30,86530.9k $1.1m $1.1m 0.15% New
49 Ascentis Independent Advisors 0.20% of their portfolio DALLAS, TX 29,71229.7k $1.1m $1.1m 0.20% Reduced -4.5k -4,521
50 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 28,85228.9k $1.1m $1.1m 0.00% Added +3.4k +3,398
51 FLOW TRADERS U.S. LLC 0.04% of their portfolio NEW YORK, NY 26,28926.3k $978.0k $978.0k 0.04% New
52 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 25,44225.4k $946.7k $946.7k 0.00% Added +938 +938
53 Elmwood Wealth Management, Inc. 0.37% of their portfolio BERKELEY, CA 25,22025.2k $938.4k $938.4k 0.37% Reduced -13 -13
54 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 23,99624.0k $892.9k $892.9k 0.00% Added +1.9k +1,918
55 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 22,12922.1k $823.4k $823.4k 0.00% Added +2.4k +2,351
56 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 22,11822.1k $823.0k $823.0k 0.01% Reduced -3 -3
57 LifePlan Investment Advisors, Inc. 0.40% of their portfolio RALEIGH, NC 21,65221.7k $805.7k $805.7k 0.40% Added +6.1k +6,079
58 Edge Financial Advisors LLC 0.39% of their portfolio WHEATON, IL 20,01520.0k $744.9k $744.9k 0.39% Reduced -2.4k -2,351
59 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 18,09618.1k $673.3k $673.3k 0.00% Added +473 +473
60 IAG Wealth Partners, LLC 0.08% of their portfolio WAUKESHA, WI 17,12717.1k $637.3k $637.3k 0.08% Added +7.2k +7,219
61 WHITTIER TRUST CO OF NEVADA INC 0.01% of their portfolio RENO, NV 16,91016.9k $629.0k $629.0k 0.01% Reduced -833 -833
62 Syntegra Private Wealth Group, LLC 0.06% of their portfolio Chesterfield, MO 16,35016.4k $608.4k $608.4k 0.06% Added +7.8k +7,751
63 SageView Advisory Group, LLC 0.02% of their portfolio Newport Beach, CA 15,59615.6k $589.3k $589.3k 0.02% Reduced -240 -240
64 Kelman-Lazarov, Inc. 0.09% of their portfolio MEMPHIS, TN 15,17815.2k $564.8k $564.8k 0.09% Reduced -28.3k -28,327
65 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 14,25014.2k $530.2k $530.2k 0.01% Added +829 +829
66 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 13,77113.8k $512.4k $512.4k 0.01% Reduced -17.4k -17,427
67 Worth Financial Advisory Group, LLC 0.31% of their portfolio CHARLOTTE, NC 13,70313.7k $509.9k $509.9k 0.31% Reduced -596 -596
68 WHITTIER TRUST CO 0.01% of their portfolio SOUTH PASADENA, CA 13,52713.5k $503.2k $503.2k 0.01% Reduced -5.8k -5,761
69 ALTFEST L J & CO INC 0.06% of their portfolio NEW YORK, NY 12,69312.7k $472.3k $472.3k 0.06% Reduced -8.0k -8,010
70 Strategies Wealth Advisors, LLC 0.05% of their portfolio GRAND RAPIDS, MI 11,99712.0k $446.4k $446.4k 0.05% Unchanged
71 Maia Wealth LLC 0.08% of their portfolio DENVER, CO 11,91311.9k $443.3k $443.3k 0.08% Reduced -312 -312
72 Haverford Trust Co 0.00% of their portfolio Radnor, PA 11,57611.6k $430.7k $430.7k 0.00% Unchanged
73 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 11,49511.5k $427.7k $427.7k 0.00% Added +10.4k +10,440
74 MORRIS FINANCIAL CONCEPTS, INC. 0.17% of their portfolio MOUNT PLEASANT, SC 11,48511.5k $427.4k $427.4k 0.17% Reduced -66 -66
75 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 11,20911.2k $417.1k $417.1k 0.01% Reduced -342 -342
76 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 11,10911.1k $413.4k $413.4k 0.00% Added +497 +497
77 COMERICA BANK 0.00% of their portfolio DALLAS, TX 10,38610.4k $386.5k $386.5k 0.00% Reduced -1.6k -1,555
78 Focus Partners Advisor Solutions, LLC 0.01% of their portfolio SAINT LOUIS, MO 10,19710.2k $379.4k $379.4k 0.01% Added +1.4k +1,400
79 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 9,8169.8k $365.3k $365.3k 0.00% Added +1.5k +1,519
80 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 9,7149.7k $361.0k $361.0k 0.00% Reduced -203 -203
81 Clearwater Capital Advisors, LLC 0.03% of their portfolio HOFFMAN ESTATES, IL 9,3809.4k $349.0k $349.0k 0.03% Reduced -118.8k -118,835
82 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 9,2059.2k $342.5k $342.5k 0.00% Unchanged
83 Glenview Trust Co 0.01% of their portfolio Louisville, KY 8,8978.9k $331.1k $331.1k 0.01% Reduced -123 -123
84 Archford Capital Strategies, LLC 0.04% of their portfolio SWANSEA, IL 8,8498.8k $329.3k $329.3k 0.04% Reduced -137 -137
85 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 8,7968.8k $327.3k $327.3k 0.00% Reduced -2.7k -2,658
86 Consolidated Portfolio Review Corp 0.04% of their portfolio WOODBURY, NY 8,1018.1k $301.4k $301.4k 0.04% New
87 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 8,0688.1k $300.2k $300.2k 0.01% First filing
88 Wedmont Private Capital 0.01% of their portfolio WEST CHESTER, PA 8,0008.0k $298.2k $298.2k 0.01% Unchanged
89 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 7,5307.5k $280.2k $280.2k 0.00% Unchanged
90 CogentBlue Wealth Advisors, LLC 0.21% of their portfolio KNOXVILLE, TN 7,4577.5k $277.5k $277.5k 0.21% Reduced -219 -219
91 Kathmere Capital Management, LLC 0.02% of their portfolio WAYNE, PA 6,4336.4k $239.4k $239.4k 0.02% Reduced -39 -39
92 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 6,2086.2k $232.3k $232.3k 0.00% Added +80 +80
93 U.S. Capital Wealth Advisors, LLC 0.01% of their portfolio AUSTIN, TX 5,9736.0k $222.3k $222.3k 0.01% Reduced -113 -113
94 Mengis Capital Management, Inc. 0.05% of their portfolio PORTLAND, OR 5,9355.9k $220.8k $220.8k 0.05% New
95 Naviter Wealth, LLC 0.03% of their portfolio LITTLE ROCK, AR 5,8135.8k $216.3k $216.3k 0.03% New
96 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 4,4104.4k $164.1k $164.1k 0.00% Reduced -468 -468
97 CENTAURUS FINANCIAL, INC. 0.01% of their portfolio ANAHEIM, CA 4,2004.2k $156.0k $156.0k 0.01% Added +425 +425
98 Capital Advisors, Ltd. LLC 0.01% of their portfolio SHAKER HEIGHTS, OH 2,3022.3k $86.0k $86.0k 0.01% Reduced -217 -217
99 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 2,2932.3k $85.1k $85.1k 0.00% Reduced -1.5k -1,496
100 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 2,1492.1k $80.0k $80.0k 0.01% Added +491 +491