Vault-13

GOLDMAN SACHS PHYSICAL GOLD AAAU

UNIT · ETP · CUSIP 38150K103

162 institutional holders +15 vs Q4 2024
15,151,84715.2m shares reported held*
$467.0mreported value*
34 new 58 added 36 reduced 16 sold out net bought ≈ $99.4m (+3.2m 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. Holder counts are more reliable. Implied quarter-end price ≈ $30.82. Options: 4 managers hold calls ($2.3m notional), 2 hold puts ($9.3k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 60Q4 22: 63Q1 23: 75Q2 23: 85Q3 23: 76Q4 23: 95Q1 24: 95Q2 24: 105Q3 24: 125Q4 24: 147Q1 25: 162162Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202260
Q4 202263
Q1 202375
Q2 202385
Q3 202376
Q4 202395
Q1 202495
Q2 2024105
Q3 2024125
Q4 2024147
Q1 2025162

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 51 bought or addedQ2 23: 27 cut or sold outQ3 23: 34 bought or addedQ3 23: 43 cut or sold outQ3 23Q4 23: 46 bought or addedQ4 23: 35 cut or sold outQ1 24: 39 bought or addedQ1 24: 49 cut or sold outQ1 24Q2 24: 49 bought or addedQ2 24: 40 cut or sold outQ3 24: 67 bought or addedQ3 24: 40 cut or sold outQ3 24Q4 24: 67 bought or addedQ4 24: 52 cut or sold outQ1 25: 92 bought or addedQ1 25: 52 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20235127
Q3 20233443
Q4 20234635
Q1 20243949
Q2 20244940
Q3 20246740
Q4 20246752
Q1 20259252

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 24 calls: $0Q2 24 puts: $0Q2 24P/C —Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $2.3mQ1 25 puts: $9.3kQ1 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2024$0$0—
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$2.3m$9.3k0.00

Biggest buyers

OSAIC HOLDINGS, INC. Added +682,128+682.1k
RENAISSANCE TECHNOLOGIES LLC Added +484,620+484.6k
Wellspring Financial Advisors, LLC Added +326,009+326.0k
Fermata Advisors, LLC New +313,171+313.2k
LPL Financial LLC Added +268,905+268.9k
EXCHANGE TRADED CONCEPTS, LLC Added +259,227+259.2k
COLTON GROOME FINANCIAL ADVISORS, LLC New +239,998+240.0k
RETIREMENT GUYS FORMULA LLC Added +200,795+200.8k
Geneos Wealth Management Inc. Added +199,717+199.7k
Fortis Group Advisors, LLC New +130,205+130.2k

Biggest sellers

JANE STREET GROUP, LLC Sold out -643,410-643.4k
CLG LLC Reduced -75,828-75.8k
Stratos Wealth Advisors, LLC Reduced -71,607-71.6k
EverSource Wealth Advisors, LLC Reduced -57,584-57.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -52,195-52.2k
FLOW TRADERS U.S. LLC Sold out -47,816-47.8k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -36,572-36.6k
ALERUS FINANCIAL NA Reduced -33,945-33.9k
NewEdge Advisors, LLC Sold out -31,622-31.6k
Virtu Financial LLC Sold out -30,918-30.9k

Biggest calls

CITADEL ADVISORS LLC New $2.2m72.6k shares
GROUP ONE TRADING LLC New $24.7k800 shares
SIMPLEX TRADING, LLC New $3.0k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $00 shares

Biggest puts

CITADEL ADVISORS LLC New $9.3k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $00 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 in Q1 2025

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 in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Wellspring Financial Advisors, LLC 5.90% of their portfolio CLEVELAND, OH 1,718,8271.7m $53.1m $53.1m 5.90% Added +326.0k +326,009
2 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 848,766848.8k $26.2m $26.2m 0.06% Added +682.1k +682,128
3 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 728,500728.5k $22.5m $22.5m 0.03% Added +484.6k +484,620
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 701,144701.1k $21.7m $21.7m 0.01% Added +268.9k +268,905
5 Proficio Capital Partners LLC 1.55% of their portfolio NEWTON, MA 693,740693.7k $20.0m $20.0m 1.55% Added +2.6k +2,634
6 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 653,563653.6k $20.2m $20.2m 0.01% Added +17.4k +17,369
7 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 580,286580.3k $17.9m $17.9m 0.00% Reduced -19.8k -19,765
8 Geneos Wealth Management Inc. 0.17% of their portfolio ENGLEWOOD, CO 385,010385.0k $11.9m $11.9m 0.17% Added +199.7k +199,717
9 AUGUSTINE ASSET MANAGEMENT INC 3.39% of their portfolio JACKSONVILLE, FL 375,226375.2k $11.6m $11.6m 3.39% Added +8.4k +8,370
10 Mirae Asset Global Investments Co., Ltd. 0.04% of their portfolio SEOUL, M5 353,600353.6k $10.8m $10.8m 0.04% Added +120.1k +120,100
11 ALERUS FINANCIAL NA 0.87% of their portfolio GRAND FORKS, ND 351,739351.7k $10.9m $10.9m 0.87% Reduced -33.9k -33,945
12 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 332,255332.3k $10.3m $10.3m 0.01% Reduced -36.6k -36,572
13 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 0.58% of their portfolio SAN FRANCISCO, CA 324,487324.5k $10.0m $10.0m 0.58% Reduced -1.5k -1,499
14 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 321,994322.0k $9.9m $9.9m 0.03% Added +103.6k +103,569
15 Fermata Advisors, LLC 1.75% of their portfolio SONOMA, CA 313,171313.2k $9.7m $9.7m 1.75% New
16 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 293,736293.7k $9.1m $9.1m 0.02% Added +7.5k +7,540
17 EXCHANGE TRADED CONCEPTS, LLC 0.14% of their portfolio Oklahoma City, OK 262,674262.7k $8.1m $8.1m 0.14% Added +259.2k +259,227
18 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 250,766250.8k $7.7m $7.7m 0.01% Added +106.3k +106,264
19 COLTON GROOME FINANCIAL ADVISORS, LLC 3.03% of their portfolio ASHEVILLE, NC 239,998240.0k $7.8m $7.8m 3.03% New
20 MOULTON WEALTH MANAGEMENT, INC 5.40% of their portfolio SPOKANE, WA 229,423229.4k $7.1m $7.1m 5.40% Added +41.1k +41,106
21 Cutter & CO Brokerage, Inc. 1.64% of their portfolio Ballwin, MO 223,828223.8k $6.9m $6.9m 1.64% Reduced -1.0k -1,028
22 RETIREMENT GUYS FORMULA LLC 3.33% of their portfolio MAUMEE, OH 217,082217.1k $6.7m $6.7m 3.33% Added +200.8k +200,795
23 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 193,317193.3k $6.0m $6.0m 0.01% Added +13.2k +13,159
24 China Universal Asset Management Co., Ltd. 0.54% of their portfolio SHANGHAI, F4 188,000188.0k $5.8m $5.8m 0.54% Added +40.0k +40,000
25 COURAGE CAPITAL MANAGEMENT LLC 11.62% of their portfolio NASHVILLE, TN 184,254184.3k $5.7m $5.7m 11.62% Unchanged
26 OARSMAN CAPITAL, INC. 0.95% of their portfolio MILWAUKEE, WI 171,986172.0k $5.3m $5.3m 0.95% Added +4.8k +4,817
27 Visionary Wealth Advisors 0.28% of their portfolio O'FALLON, IL 153,251153.3k $4.7m $4.7m 0.28% Added +809 +809
28 Winch Advisory Services, LLC 1.22% of their portfolio Appleton, WI 149,630149.6k $4.6m $4.6m 1.22% Added +72 +72
29 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 135,144135.1k $4.2m $4.2m 0.00% Added +106.8k +106,819
30 Fortis Group Advisors, LLC 0.78% of their portfolio WESTWOOD, NJ 130,205130.2k $4.0m $4.0m 0.78% New
31 OPTIMA CAPITAL LLC 2.26% of their portfolio PORTLAND, OR 115,001115.0k $3.6m $3.6m 2.26% Added +83.2k +83,186
32 WealthTrak Capital Management LLC 3.01% of their portfolio VIRGINIA BEACH, VA 113,161113.2k $3.5m $3.5m 3.01% Reduced -1.8k -1,839
33 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 113,136113.1k $3.5m $3.5m 0.01% Unchanged
34 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 108,855108.9k $3.4m $3.4m 0.00% Added +2.3k +2,349
35 Marks Group Wealth Management, Inc 0.31% of their portfolio MINNETONKA, MN 102,897102.9k $3.2m $3.2m 0.31% Added +1.3k +1,259
36 AXXCESS WEALTH MANAGEMENT, LLC 0.08% of their portfolio CARLSBAD, CA 97,20297.2k $3.0m $3.0m 0.08% Reduced -9.3k -9,286
37 Capital Asset Advisory Services LLC 0.15% of their portfolio Williamston, MI 97,04697.0k $3.0m $3.0m 0.15% Reduced -9.4k -9,401
38 CAPSTONE WEALTH MANAGEMENT GROUP, LLC 1.65% of their portfolio DUNMORE, PA 93,73193.7k $2.9m $2.9m 1.65% New
39 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 89,82089.8k $2.8m $2.8m 0.01% Reduced -4.1k -4,053
40 Cambridge Advisors Inc. 0.60% of their portfolio OMAHA, NE 89,25689.3k $2.8m $2.8m 0.60% Added +643 +643
41 CLG LLC 0.88% of their portfolio Long Beach, CA 82,15082.2k $2.5m $2.5m 0.88% Reduced -75.8k -75,828
42 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 77,63777.6k $2.4m $2.4m 0.03% Added +16.2k +16,182
43 Foundations Investment Advisors, LLC 0.04% of their portfolio PHOENIX, AZ 75,98876.0k $2.3m $2.3m 0.04% Reduced -8.3k -8,327
44 Nikulski Financial, Inc. 0.70% of their portfolio BETTENDORF, IA 74,52774.5k $2.3m $2.3m 0.70% Added +1.6k +1,590
45 Generation Capital Management LLC 2.04% of their portfolio PITTSFORD, NY 73,44273.4k $2.3m $2.3m 2.04% New
46 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 73,29673.3k $2.3m $2.3m 0.01% New
47 Essex Financial Services, Inc. 0.16% of their portfolio ESSEX, CT 70,40370.4k $2.2m $2.2m 0.16% Reduced -450 -450
48 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 66,94966.9k $2.1m $2.1m 0.01% Added +19.7k +19,738
49 FOUNDERS FINANCIAL SECURITIES LLC 0.19% of their portfolio TOWSON, MD 66,94766.9k $2.2m $2.2m 0.19% New
50 Haven Private, LLC 1.17% of their portfolio ORLANDO, FL 66,92166.9k $2.1m $2.1m 1.17% Added +2.8k +2,817
51 Arete Wealth Advisors, LLC 0.16% of their portfolio CHICAGO, IL 66,02866.0k $2.0m $2.0m 0.16% Reduced -25.2k -25,244
52 Stratos Investment Management, LLC 0.10% of their portfolio BEACHWOOD, OH 62,66162.7k $1.9m $1.9m 0.10% New
53 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.15% of their portfolio Westlake, OH 61,52661.5k $1.9m $1.9m 0.15% New
54 Paladin Advisory Group, LLC 1.50% of their portfolio CLIVE, IA 60,79360.8k $1.9m $1.9m 1.50% Reduced -2.1k -2,132
55 World Investment Advisors 0.05% of their portfolio LINCROFT, NJ 58,10158.1k $1.8m $1.8m 0.05% Added +4.9k +4,919
56 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 51,93551.9k $1.6m $1.6m 0.01% Added +1.2k +1,160
57 Regal Investment Advisors LLC 0.12% of their portfolio KENTWOOD, MI 49,73049.7k $1.5m $1.5m 0.12% Reduced -9.5k -9,522
58 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 48,63948.6k $1.5m $1.5m 0.00% Added +9.5k +9,513
59 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 48,38248.4k $1.5m $1.5m 0.00% Added +18.9k +18,947
60 Mutual Advisors, LLC 0.04% of their portfolio OMAHA, NE 45,14545.1k $1.5m $1.5m 0.04% Reduced -847 -847
61 Apollon Wealth Management, LLC 0.03% of their portfolio MOUNT PLEASANT, SC 43,18143.2k $1.3m $1.3m 0.03% Added +24.3k +24,274
62 J. Stern & Co. LLP 0.13% of their portfolio LONDON, X0 42,41542.4k $1.3m $1.3m 0.13% Unchanged
63 Guidance Point Advisors, LLC 0.37% of their portfolio Wellesley, MA 42,37742.4k $1.3m $1.3m 0.37% New
64 Stratos Wealth Advisors, LLC 0.06% of their portfolio BEACHWOOD, OH 36,64636.6k $1.1m $1.1m 0.06% Reduced -71.6k -71,607
65 Riverwater Partners LLC 0.54% of their portfolio Milwaukee, WI 33,91533.9k $1.0m $1.0m 0.54% Added +5.1k +5,087
66 MATAURO, LLC 0.19% of their portfolio NEW YORK, NY 29,53429.5k $912.0k $912.0k 0.19% Added +7.6k +7,557
67 SECURED RETIREMENT ADVISORS, LLC 0.57% of their portfolio ST LOUIS PARK, MN 28,82328.8k $890.1k $890.1k 0.57% Reduced -4.4k -4,377
68 BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 28,20028.2k $870.8k $870.8k 0.03% Added +19.6k +19,600
69 SILVERLAKE WEALTH MANAGEMENT LLC 0.33% of their portfolio WILLISTON, VT 28,11028.1k $868.0k $868.0k 0.33% Added +20 +20
70 Capital Market Strategies LLC 0.57% of their portfolio PALM BEACH GARDENS, FL 27,75827.8k $857.2k $857.2k 0.57% Reduced -677 -677
71 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 27,52027.5k $850.0k $850.0k 0.00% Added +475 +475
72 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 27,00027.0k $833.8k $833.8k 0.00% Reduced -1.5k -1,500
73 UBS Group AG 0.00% of their portfolio ZURICH, V8 25,17525.2k $777.4k $777.4k 0.00% Added +23.3k +23,266
74 WESPAC Advisors, LLC 0.63% of their portfolio ORINDA, CA 24,90124.9k $768.9k $768.9k 0.63% New
75 Cooper Capital Advisors LLC 0.78% of their portfolio Encinitas, CA 23,71423.7k $732.3k $732.3k 0.78% New
76 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 21,59921.6k $667.0k $667.0k 0.01% New
77 SLT Holdings LLC 0.62% of their portfolio SCOTTSDALE, AZ 21,44421.4k $662.2k $662.2k 0.62% Added +350 +350
78 Aveo Capital Partners, LLC 0.11% of their portfolio ENGLEWOOD, CO 20,70220.7k $689.8k $689.8k 0.11% Reduced -8.4k -8,374
79 Grey Ledge Advisors, LLC 0.16% of their portfolio GUILFORD, CT 19,74419.7k $609.7k $609.7k 0.16% Added +900 +900
80 Prostatis Group LLC 0.19% of their portfolio HANOVER, MD 19,43419.4k $600.1k $600.1k 0.19% Reduced -1.5k -1,528
81 CWA Asset Management Group, LLC 0.03% of their portfolio NAPLES, FL 19,21919.2k $593.5k $593.5k 0.03% Unchanged
82 Mill Creek Capital Advisors, LLC 0.01% of their portfolio Conshohocken, PA 19,05519.1k $588.4k $588.4k 0.01% New
83 JTC Employer Solutions Trustee Ltd 0.05% of their portfolio ST HELIER, Y9 17,82317.8k $550.0k $550.0k 0.05% Unchanged
84 Bell Bank 0.03% of their portfolio FARGO, ND 17,26817.3k $533.2k $533.2k 0.03% Unchanged
85 KANAWHA CAPITAL MANAGEMENT LLC 0.04% of their portfolio RICHMOND, VA 16,85016.9k $520.3k $520.3k 0.04% Unchanged
86 Texas Yale Capital Corp. 0.02% of their portfolio ST. PETERSBURG, FL 15,68415.7k $484.3k $484.3k 0.02% Unchanged
87 Simplicity Wealth,LLC 0.04% of their portfolio SUMMIT, NJ 15,61115.6k $482.1k $482.1k 0.04% New
88 GeoWealth Management, LLC 0.02% of their portfolio CHICAGO, IL 15,48015.5k $478.0k $478.0k 0.02% Reduced -10.4k -10,390
89 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 14,46514.5k $446.7k $446.7k 0.00% Added +4.6k +4,597
90 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 13,80513.8k $426.3k $426.3k 0.00% Added +3.8k +3,792
91 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 13,53813.5k $418.1k $418.1k 0.01% Reduced -1.5k -1,460
92 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 13,12813.1k $405.4k $405.4k 0.00% Reduced -20.9k -20,882
93 HORIZON BANCORP INC /IN/ 0.22% of their portfolio MICHIGAN CITY, IN 12,88912.9k $398.0k $398.0k 0.22% Unchanged
94 Blue Zone Wealth Advisors, LLC 0.11% of their portfolio LOS ANGELES, CA 12,85012.8k $396.8k $396.8k 0.11% Unchanged
95 Strait & Sound Wealth Management LLC 0.18% of their portfolio SAN FRANCISCO, CA 12,53912.5k $387.2k $387.2k 0.18% New
96 Pekin Hardy Strauss, Inc. 0.05% of their portfolio CHICAGO, IL 12,20012.2k $376.7k $376.7k 0.05% Unchanged
97 Brookwood Investment Group LLC 0.06% of their portfolio PHOENIX, AZ 11,97112.0k $369.7k $369.7k 0.06% First filing
98 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 11,79511.8k $364.2k $364.2k 0.01% Reduced -2.0k -1,971
99 LCNB CORP 0.13% of their portfolio LEBANON, OH 11,70211.7k $361.4k $361.4k 0.13% Unchanged
100 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 11,48111.5k $354.5k $354.5k 0.00% Reduced -3.5k -3,519