Vault-13

GOLDMAN SACHS ETF TR GPIX

S&P 500 PREMIUM · ETP · CUSIP 38149W622

283 institutional holders +81 vs Q3 2025
28,992,23929.0m shares reported held*
$1.5bnreported value*
87 new 134 added 31 reduced 17 sold out net bought ≈ $464.9m (+8.8m 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 ≈ $52.82. Options: 1 managers hold calls ($733.9k notional), 1 hold puts ($638.9k).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q4 23: 10Q1 24: 29Q2 24: 44Q3 24: 53Q4 24: 78Q1 25: 108Q2 25: 145Q3 25: 202Q4 25: 283283Q4 23Q2 24Q4 24Q2 25Q4 25
Numbers
QuarterHolders
Q4 202310
Q1 202429
Q2 202444
Q3 202453
Q4 202478
Q1 2025108
Q2 2025145
Q3 2025202
Q4 2025283

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 23 bought or addedQ1 24: 0 cut or sold outQ2 24: 37 bought or addedQ2 24: 5 cut or sold outQ2 24Q3 24: 43 bought or addedQ3 24: 10 cut or sold outQ4 24: 55 bought or addedQ4 24: 10 cut or sold outQ4 24Q1 25: 86 bought or addedQ1 25: 17 cut or sold outQ2 25: 112 bought or addedQ2 25: 38 cut or sold outQ2 25Q3 25: 168 bought or addedQ3 25: 30 cut or sold outQ4 25: 221 bought or addedQ4 25: 48 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024230
Q2 2024375
Q3 20244310
Q4 20245510
Q1 20258617
Q2 202511238
Q3 202516830
Q4 202522148

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $757.3kQ3 25P/C —Q4 25 calls: $733.9kQ4 25 puts: $638.9kQ4 25P/C 0.87
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$0$0—
Q3 2025$0$757.3k—
Q4 2025$733.9k$638.9k0.87

Biggest buyers

LPL Financial LLC Added +1,445,041+1.4m
BANK OF AMERICA CORP /DE/ Added +806,500+806.5k
Hilton Capital Management, LLC New +761,513+761.5k
WELLS FARGO & COMPANY/MN Added +580,313+580.3k
Cerity Partners LLC Added +538,957+539.0k
ENVESTNET ASSET MANAGEMENT INC Added +418,338+418.3k
SK Wealth Management, LLC Added +411,717+411.7k
KINTRA WEALTH, LLC New +408,546+408.5k
Modern Wealth Management, LLC New +256,443+256.4k
HighTower Advisors, LLC Added +235,851+235.9k

Biggest sellers

McCarthy & Cox Reduced -397,546-397.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -99,418-99.4k
ROYAL BANK OF CANADA Reduced -96,210-96.2k
JANE STREET GROUP, LLC Reduced -90,200-90.2k
Americana Partners, LLC Reduced -87,679-87.7k
CITADEL ADVISORS LLC Sold out -39,765-39.8k
3EDGE Asset Management, LP Sold out -38,940-38.9k
MISSION WEALTH MANAGEMENT, LP Reduced -23,004-23.0k
Integrity Investment Advisors, LLC Sold out -22,302-22.3k
Whalen Wealth Management Inc. Reduced -21,748-21.7k

Biggest calls

CITADEL ADVISORS LLC New $733.9k13.9k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $638.9k12.1k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 4,282,9564.3m $226.1m $226.1m 0.06% Added +1.4m +1,445,041
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,433,8282.4m $128.5m $128.5m 0.01% Added +806.5k +806,500
3 Requisite Capital Management, LLC 22.75% of their portfolio DALLAS, TX 2,271,3122.3m $119.9m $119.9m 22.75% Added +227.0k +226,995
4 HighTower Advisors, LLC 0.12% of their portfolio CHICAGO, IL 2,000,9292.0m $105.6m $105.6m 0.12% Added +235.9k +235,851
5 Cornerstone Advisory, LLC 6.73% of their portfolio HUNT VALLEY, MD 1,336,7211.3m $70.6m $70.6m 6.73% Added +195.3k +195,336
6 SK Wealth Management, LLC 12.96% of their portfolio PROVIDENCE, RI 871,722871.7k $46.5m $46.5m 12.96% Added +411.7k +411,717
7 Eaton Financial Holdings Company, LLC 12.26% of their portfolio Coral Springs, FL 863,545863.5k $45.6m $45.6m 12.26% Added +23.4k +23,402
8 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 794,590794.6k $42.0m $42.0m 0.01% Added +418.3k +418,338
9 Hilton Capital Management, LLC 3.03% of their portfolio Garden City, NY 761,513761.5k $40.2m $40.2m 3.03% New
10 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 660,520660.5k $34.9m $34.9m 0.01% Added +580.3k +580,313
11 Americana Partners, LLC 0.93% of their portfolio Houston, TX 644,407644.4k $34.0m $34.0m 0.93% Reduced -87.7k -87,679
12 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 545,924545.9k $28.8m $28.8m 0.04% Added +539.0k +538,957
13 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 455,701455.7k $24.1m $24.1m 0.01% Added +187.4k +187,356
14 KINTRA WEALTH, LLC 3.01% of their portfolio WILLIAMSPORT, PA 408,546408.5k $21.6m $21.6m 3.01% New
15 Graney & King, LLC 10.25% of their portfolio LATHAM, NY 332,028332.0k $17.5m $17.5m 10.25% Added +6.5k +6,482
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 328,783328.8k $17.4m $17.4m 0.00% Added +190.6k +190,574
17 Northeast Financial Group, Inc. 4.28% of their portfolio Allentown, PA 323,040323.0k $17.1m $17.1m 4.28% Added +36.7k +36,672
18 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 318,387318.4k $16.8m $16.8m 0.01% Added +42.1k +42,075
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 303,117303.1k $16.0m $16.0m 0.00% Reduced -96.2k -96,210
20 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 277,659277.7k $14.7m $14.7m 0.02% Added +85.3k +85,293
21 Equitable Holdings, Inc. 0.10% of their portfolio NEW YORK, NY 275,467275.5k $14.5m $14.5m 0.10% Added +59.7k +59,663
22 Modern Wealth Management, LLC 0.25% of their portfolio KANSAS CITY, MO 256,443256.4k $13.5m $13.5m 0.25% New
23 CHILDRESS CAPITAL ADVISORS, LLC 2.08% of their portfolio HOUSTON, TX 245,529245.5k $13.0m $13.0m 2.08% Reduced -17.7k -17,683
24 Mason & Associates Inc 2.24% of their portfolio LOS ANGELES, CA 225,511225.5k $11.9m $11.9m 2.24% Reduced -720 -720
25 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 223,720223.7k $11.8m $11.8m 0.01% Added +109.6k +109,610
26 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 214,592214.6k $11.3m $11.3m 0.02% Added +87.7k +87,713
27 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 210,882210.9k $11.1m $11.1m 0.01% Added +110.7k +110,650
28 JMAC ENTERPRISES LLC 2.06% of their portfolio NEWTOWN, PA 203,970204.0k $10.8m $10.8m 2.06% Added +6.5k +6,487
29 Wick Capital Partners, LLC 1.88% of their portfolio WAYNE, PA 198,478198.5k $10.5m $10.5m 1.88% Added +98.0k +97,960
30 Investors Portfolio Services LLC 9.36% of their portfolio PUYALLUP, WA 196,748196.7k $10.4m $10.4m 9.36% First filing
31 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 185,584185.6k $9.8m $9.8m 0.04% Added +98.1k +98,140
32 Ellis Investment Partners, LLC 1.58% of their portfolio Berwyn, PA 171,550171.6k $9.1m $9.1m 1.58% Added +64.4k +64,403
33 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 147,249147.2k $7.8m $7.8m 0.03% Added +20.2k +20,172
34 MIRAE ASSET SECURITIES (USA) INC. 0.29% of their portfolio NEW YORK, NY 140,000140.0k $7.4m $7.4m 0.29% New
35 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 137,826137.8k $7.3m $7.3m 0.01% Added +69.2k +69,235
36 Kingsview Wealth Management, LLC 0.10% of their portfolio GRANTS PASS, OR 137,275137.3k $7.2m $7.2m 0.10% Added +133.2k +133,191
37 MISSION WEALTH MANAGEMENT, LP 0.13% of their portfolio Santa Barbara, CA 122,745122.7k $6.5m $6.5m 0.13% Reduced -23.0k -23,004
38 Boyce & Associates Wealth Consulting, Inc. 5.13% of their portfolio CEDAR PARK, TX 115,905115.9k $6.1m $6.1m 5.13% Added +853 +853
39 Delta Investment Management, LLC 1.02% of their portfolio SAN FRANCISCO, CA 111,315111.3k $5.9m $5.9m 1.02% Added +1.1k +1,098
40 American Alpha Advisors, LLC 3.44% of their portfolio NEW YORK, NY 103,126103.1k $5.4m $5.4m 3.44% Added +206 +206
41 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 101,270101.3k $5.3m $5.3m 0.00% Added +60.5k +60,456
42 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 91,79491.8k $4.8m $4.8m 0.02% Added +35.2k +35,191
43 Focused Wealth Management, Inc 0.51% of their portfolio Newburgh, NY 91,65891.7k $4.8m $4.8m 0.51% Added +11.3k +11,331
44 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 89,72289.7k $4.8m $4.8m 0.01% Added +16.5k +16,524
45 DAVENPORT & Co LLC 0.03% of their portfolio RICHMOND, VA 87,76187.8k $4.6m $4.6m 0.03% Added +10.2k +10,249
46 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 87,21487.2k $4.6m $4.6m 0.01% New
47 SAGESPRING WEALTH PARTNERS, LLC 0.08% of their portfolio FRANKLIN, TN 87,19887.2k $4.6m $4.6m 0.08% Added +2.3k +2,323
48 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.80% of their portfolio LEAWOOD, KS 84,09184.1k $4.4m $4.4m 0.80% New
49 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 82,65482.7k $4.4m $4.4m 0.02% Added +61.6k +61,616
50 Semus Wealth Partners LLC 2.32% of their portfolio Boca Raton, FL 81,72381.7k $4.3m $4.3m 2.32% Added +8.4k +8,389
51 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 81,45181.5k $4.3m $4.3m 0.01% Reduced -90.2k -90,200
52 Castle Rock Wealth Management, LLC 0.92% of their portfolio WALNUT CREEK, CA 81,01281.0k $4.2m $4.2m 0.92% Added +38.4k +38,394
53 Wealthcare Advisory Partners LLC 0.08% of their portfolio WEST CHESTER, PA 78,98179.0k $4.2m $4.2m 0.08% Added +3.3k +3,303
54 Elmwood Wealth Management, Inc. 1.30% of their portfolio BERKELEY, CA 77,92377.9k $4.1m $4.1m 1.30% Reduced -684 -684
55 Aurora Private Wealth, Inc. 2.68% of their portfolio ROCKAWAY, NJ 77,19077.2k $4.1m $4.1m 2.68% First filing
56 Whalen Wealth Management Inc. 2.00% of their portfolio LAS VEGAS, NV 70,67270.7k $3.7m $3.7m 2.00% Reduced -21.7k -21,748
57 Private Wealth Partners, LLC 0.26% of their portfolio MILL VALLEY, CA 69,15469.2k $3.7m $3.7m 0.26% Reduced -4.6k -4,600
58 BENJAMIN EDWARDS INC 0.04% of their portfolio Clayton, MO 67,68667.7k $3.6m $3.6m 0.04% New
59 Strategic Blueprint, LLC 0.21% of their portfolio ATLANTA, GA 66,11566.1k $3.5m $3.5m 0.21% Added +37.4k +37,432
60 Bridgewealth Advisory Group, LLC 0.75% of their portfolio Fresno, CA 64,35364.4k $3.4m $3.4m 0.75% New
61 American National Bank of Texas 3.26% of their portfolio RICHARDSON, TX 64,33864.3k $3.4m $3.4m 3.26% New
62 KENNEDY INVESTMENT GROUP, INC. 1.25% of their portfolio WEST DEPTFORD, NJ 62,80162.8k $3.3m $3.3m 1.25% Added +56.7k +56,724
63 Farther Finance Advisors, LLC 0.03% of their portfolio SAN FRANCISCO, CA 60,43560.4k $3.2m $3.2m 0.03% Added +58.4k +58,406
64 Cannon Advisors, Inc. 2.24% of their portfolio CHARLOTTE, NC 59,96360.0k $3.2m $3.2m 2.24% Reduced -2.2k -2,167
65 Lebenthal Global Advisors, LLC 0.49% of their portfolio Hauppauge, NY 59,64559.6k $3.1m $3.1m 0.49% Added +18.6k +18,554
66 Global Retirement Partners, LLC 0.06% of their portfolio San Rafael, CA 59,60959.6k $3.1m $3.1m 0.06% Reduced -18.5k -18,468
67 STEPHENS INC /AR/ 0.04% of their portfolio LITTLE ROCK, AR 59,07259.1k $3.1m $3.1m 0.04% Added +49.4k +49,412
68 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 59,06459.1k $3.1m $3.1m 0.01% Added +1.7k +1,697
69 Beacon Financial Advisory LLC 0.72% of their portfolio CLEVELAND, OH 58,52758.5k $3.1m $3.1m 0.72% Added +17.1k +17,127
70 Gladstone Institutional Advisory LLC 0.12% of their portfolio Bedminster, NJ 58,28458.3k $3.1m $3.1m 0.12% Reduced -2.3k -2,282
71 Mariner, LLC 0.00% of their portfolio Overland Park, KS 57,85757.9k $3.1m $3.1m 0.00% Added +9.7k +9,672
72 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 55,23855.2k $2.9m $2.9m 0.03% Added +26.4k +26,423
73 Prosperity Financial Group, Inc. 1.05% of their portfolio San Ramon, CA 54,96355.0k $2.9m $2.9m 1.05% Reduced -1.1k -1,050
74 AVALON CAPITAL MANAGEMENT 0.69% of their portfolio Port Of Redwood City, CA 54,71154.7k $2.9m $2.9m 0.69% Reduced -345 -345
75 Guild Investment Management, Inc. 2.11% of their portfolio WESTLAKE VILLAGE, CA 53,89053.9k $2.8m $2.8m 2.11% New
76 Horizon Investments, LLC 0.04% of their portfolio Charlotte, NC 53,80253.8k $2.8m $2.8m 0.04% Added +135 +135
77 FOUNDERS FINANCIAL SECURITIES LLC 0.16% of their portfolio TOWSON, MD 52,63252.6k $2.8m $2.8m 0.16% Added +714 +714
78 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 52,43352.4k $2.8m $2.8m 0.00% Added +3.1k +3,085
79 FOCUSED ALPHA, LLC 0.81% of their portfolio DENVER, CO 52,14852.1k $2.8m $2.8m 0.81% First filing
80 POTENTIA WEALTH 1.01% of their portfolio SAN JOSE, CA 51,98852.0k $2.7m $2.7m 1.01% Added +22.0k +21,998
81 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 47,59247.6k $2.5m $2.5m 0.02% New
82 Perigon Wealth Management, LLC 0.04% of their portfolio SAN FRANCISCO, CA 47,47947.5k $2.5m $2.5m 0.04% Added +3.3k +3,285
83 Navis Wealth Advisors, LLC 1.05% of their portfolio RYE BROOK, NY 47,11047.1k $2.5m $2.5m 1.05% New
84 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 43,95344.0k $2.3m $2.3m 0.01% Added +28.4k +28,402
85 Cedarwood Wealth LLC 2.60% of their portfolio HIGHLANDS RANCH, CO 43,91043.9k $2.3m $2.3m 2.60% First filing
86 M Holdings Securities, Inc. 0.16% of their portfolio PORTLAND, OR 42,23042.2k $2.2m $2.2m 0.16% New
87 FOREFRONT WEALTH MANAGEMENT INC. 1.60% of their portfolio MALVERN, PA 42,17242.2k $2.2m $2.2m 1.60% Added +469 +469
88 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.01% of their portfolio IRVING, TX 41,76941.8k $2.2m $2.2m 0.01% New
89 Invst, LLC 0.24% of their portfolio INDIANAPOLIS, IN 41,69241.7k $2.2m $2.2m 0.24% Added +5.8k +5,800
90 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 41,18841.2k $2.2m $2.2m 0.01% Added +18.2k +18,235
91 CARY STREET PARTNERS FINANCIAL LLC 0.05% of their portfolio RICHMOND, VA 40,92440.9k $2.2m $2.2m 0.05% Added +25.8k +25,773
92 High Net Worth Advisory Group LLC 0.48% of their portfolio NAPLES, FL 39,46839.5k $2.1m $2.1m 0.48% Added +2.0k +1,999
93 Western Wealth Management, LLC 0.09% of their portfolio GOLDEN, CO 38,80438.8k $2.0m $2.0m 0.09% Added +34.1k +34,060
94 Berger Financial Group, Inc 0.12% of their portfolio PLYMOUTH, MN 38,61938.6k $2.0m $2.0m 0.12% New
95 J.W. COLE ADVISORS, INC. 0.05% of their portfolio TAMPA, FL 37,36437.4k $2.0m $2.0m 0.05% Added +21.8k +21,754
96 Sunbelt Securities, Inc. 0.12% of their portfolio HOUSTON, TX 34,68734.7k $1.8m $1.8m 0.12% Added +18.1k +18,074
97 Aurdan Capital Management, LLC 0.54% of their portfolio Wayne, PA 33,12233.1k $1.7m $1.7m 0.54% Added +69 +69
98 Frederick Financial Consultants, LLC 0.90% of their portfolio FREDERICK, MD 31,12931.1k $1.6m $1.6m 0.90% Added +1.2k +1,186
99 FINANCIAL MANAGEMENT NETWORK INC 0.25% of their portfolio MISSION VIEJO, CA 30,50730.5k $1.6m $1.6m 0.25% Added +4.3k +4,329
100 Investment Planning Advisors, Inc. 0.46% of their portfolio CUMMING, GA 30,04830.0k $1.6m $1.6m 0.46% Added +5.7k +5,743