Vault-13

ISHARES GOLD TR IAU

ISHARES NEW · ETP · CUSIP 464285204

1,593 institutional holders +44 vs Q1 2025
409,064,004409.1m shares reported held*
$25.6bnreported value*
113 new 502 added 624 reduced 70 sold out net bought ≈ $417.9m (+6.7m 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 ($62.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.60. Options: 14 managers hold calls ($290.9m notional), 12 hold puts ($542.3m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 948Q4 22: 1,001Q1 23: 1,029Q2 23: 1,059Q3 23: 1,034Q4 23: 1,146Q1 24: 1,142Q2 24: 1,174Q3 24: 1,226Q4 24: 1,412Q1 25: 1,549Q2 25: 1,5931,593Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022948
Q4 20221,001
Q1 20231,029
Q2 20231,059
Q3 20231,034
Q4 20231,146
Q1 20241,142
Q2 20241,174
Q3 20241,226
Q4 20241,412
Q1 20251,549
Q2 20251,593

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 23: 347 bought or addedQ3 23: 505 cut or sold outQ4 23: 390 bought or addedQ4 23: 479 cut or sold outQ4 23Q1 24: 420 bought or addedQ1 24: 538 cut or sold outQ2 24: 469 bought or addedQ2 24: 482 cut or sold outQ2 24Q3 24: 508 bought or addedQ3 24: 461 cut or sold outQ4 24: 647 bought or addedQ4 24: 426 cut or sold outQ4 24Q1 25: 832 bought or addedQ1 25: 451 cut or sold outQ2 25: 615 bought or addedQ2 25: 694 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023347505
Q4 2023390479
Q1 2024420538
Q2 2024469482
Q3 2024508461
Q4 2024647426
Q1 2025832451
Q2 2025615694

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ3 24 calls: $271.0mQ3 24 puts: $1.1bnQ3 24P/C 4.23Q4 24 calls: $297.3mQ4 24 puts: $1.2bnQ4 24P/C 3.98Q1 25 calls: $197.9mQ1 25 puts: $448.6mQ1 25P/C 2.27Q2 25 calls: $290.9mQ2 25 puts: $542.3mQ2 25P/C 1.86
Numbers
QuarterCallsPutsP/C
Q3 2024$271.0m$1.1bn4.23
Q4 2024$297.3m$1.2bn3.98
Q1 2025$197.9m$448.6m2.27
Q2 2025$290.9m$542.3m1.86

Biggest buyers

CITIGROUP INC Added +4,546,835+4.5m
JPMORGAN CHASE & CO Added +4,398,605+4.4m
ROYAL BANK OF CANADA Added +3,844,937+3.8m
PRUDENTIAL FINANCIAL INC Added +3,339,000+3.3m
PFG Advisors Added +1,403,121+1.4m
Rockefeller Capital Management L.P. Added +1,330,925+1.3m
MAINSTAY CAPITAL MANAGEMENT LLC /ADV Added +1,318,237+1.3m
GOLDMAN SACHS GROUP INC Added +1,155,643+1.2m
Quadrature Capital Ltd New +1,058,060+1.1m
TRUIST FINANCIAL CORP Added +692,844+692.8k

Biggest sellers

Empower Advisory Group, LLC Reduced -7,265,956-7.3m
ENVESTNET ASSET MANAGEMENT INC Reduced -3,678,889-3.7m
Sumitomo Mitsui Trust Group, Inc. Reduced -2,177,892-2.2m
BANK OF AMERICA CORP /DE/ Reduced -995,278-995.3k
ALLIANCEBERNSTEIN L.P. Reduced -716,176-716.2k
FMR LLC Reduced -696,887-696.9k
Mizuho Bank, Ltd. Sold out -600,000-600.0k
Parker Investment Management, LLC Reduced -575,510-575.5k
Envestnet Portfolio Solutions, Inc. Reduced -538,964-539.0k
Pureheart Capital Pte Ltd. Reduced -533,000-533.0k

Biggest calls

CITADEL ADVISORS LLC Added $81.4m1.3m shares
Twin Tree Management, LP Reduced $67.3m1.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $67.2m1.1m shares
GROUP ONE TRADING LLC Added $27.9m447.5k shares
WOLVERINE TRADING, LLC New $12.1m196.9k shares
SIMPLEX TRADING, LLC Reduced $11.9m191.6k shares
IMC-Chicago, LLC Added $11.4m183.4k shares
Belvedere Trading LLC Reduced $4.3m69.0k shares
JANE STREET GROUP, LLC Added $4.2m66.9k shares
Walleye Trading LLC Added $2.7m42.6k shares

Biggest puts

Twin Tree Management, LP Added $401.7m6.4m shares
GROUP ONE TRADING LLC Added $50.3m807.3k shares
SIMPLEX TRADING, LLC Added $34.5m552.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $19.0m305.4k shares
IMC-Chicago, LLC Added $13.5m216.5k shares
CITADEL ADVISORS LLC Added $8.5m137.1k shares
JANE STREET GROUP, LLC Reduced $7.1m114.5k shares
WOLVERINE TRADING, LLC New $3.7m59.3k shares
Walleye Trading LLC Added $2.0m32.3k shares
Squarepoint Ops LLC Unchanged $1.7m27.5k 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 Q2 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 Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.15% of their portfolio CHARLOTTE, NC 30,343,36430.3m $1.9bn $1.9bn 0.15% Reduced -995.3k -995,278
2 FMR LLC 0.09% of their portfolio BOSTON, MA 25,423,72325.4m $1.6bn $1.6bn 0.09% Reduced -696.9k -696,887
3 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 23,501,14323.5m $1.5bn $1.5bn 0.10% Reduced -282.3k -282,273
4 Sumitomo Mitsui Trust Group, Inc. 0.61% of their portfolio CHIYODA-KU, TOKYO, M0 15,762,19715.8m $982.9m $982.9m 0.61% Reduced -2.2m -2,177,892
5 ENVESTNET ASSET MANAGEMENT INC 0.25% of their portfolio Berwyn, PA 13,896,82913.9m $866.6m $866.6m 0.25% Reduced -3.7m -3,678,889
6 WELLS FARGO & COMPANY/MN 0.17% of their portfolio SAN FRANCISCO, CA 12,679,91512.7m $790.7m $790.7m 0.17% Added +54.9k +54,864
7 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 10,919,61410.9m $680.9m $680.9m 0.05% Added +4.4m +4,398,605
8 LPL Financial LLC 0.23% of their portfolio FORT MILL, SC 10,900,90110.9m $679.8m $679.8m 0.23% Reduced -281.9k -281,941
9 UBS Group AG 0.11% of their portfolio ZURICH, V8 8,586,5668.6m $535.5m $535.5m 0.11% Reduced -373.8k -373,776
10 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 7,345,6347.3m $458.1m $458.1m 0.04% Added +3.8m +3,844,937
11 ALLIANCEBERNSTEIN L.P. 0.14% of their portfolio NASHVILLE, TN 7,032,5277.0m $438.5m $438.5m 0.14% Reduced -716.2k -716,176
12 AMERIPRISE FINANCIAL INC 0.10% of their portfolio MINNEAPOLIS, MN 6,616,4806.6m $412.6m $412.6m 0.10% Added +148.9k +148,881
13 WealthNavi Inc. 4.13% of their portfolio Shinagawa-ku, TOKYO, M0 6,571,1306.6m $409.8m $409.8m 4.13% Added +521.5k +521,530
14 Empower Advisory Group, LLC 1.13% of their portfolio Greenwood Village, CO 6,029,7176.0m $376.0m $376.0m 1.13% Reduced -7.3m -7,265,956
15 TRUIST FINANCIAL CORP 0.50% of their portfolio CHARLOTTE, NC 5,490,4355.5m $342.4m $342.4m 0.50% Added +692.8k +692,844
16 RAYMOND JAMES FINANCIAL INC 0.11% of their portfolio ST. PETERSBURG, FL 5,347,2135.3m $333.5m $333.5m 0.11% Reduced -48.5k -48,480
17 BlackRock, Inc. 0.01% of their portfolio New York, NY 5,331,2015.3m $332.5m $332.5m 0.01% Added +338.9k +338,931
18 CITIGROUP INC 0.22% of their portfolio NEW YORK, NY 5,108,8185.1m $318.6m $318.6m 0.22% Added +4.5m +4,546,835
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.23% of their portfolio MILWAUKEE, WI 5,007,3415.0m $312.3m $312.3m 0.23% Added +288.9k +288,905
20 NORTHERN TRUST CORP 0.04% of their portfolio CHICAGO, IL 4,087,9794.1m $254.9m $254.9m 0.04% Added +496.2k +496,247
21 COMMONWEALTH EQUITY SERVICES, LLC 0.32% of their portfolio WALTHAM, MA 3,847,3593.8m $239.9m $239.9m 0.32% Reduced -2.2k -2,232
22 KEYBANK NATIONAL ASSOCIATION/OH 0.84% of their portfolio BROOKLYN, OH 3,623,0803.6m $225.9m $225.9m 0.84% Added +202.9k +202,866
23 PRUDENTIAL FINANCIAL INC 0.28% of their portfolio NEWARK, NJ 3,494,1063.5m $217.9m $217.9m 0.28% Added +3.3m +3,339,000
24 HighTower Advisors, LLC 0.27% of their portfolio CHICAGO, IL 3,433,6293.4m $214.1m $214.1m 0.27% Reduced -112.4k -112,405
25 Cerity Partners LLC 0.34% of their portfolio NEW YORK, NY 3,059,8543.1m $190.8m $190.8m 0.34% Reduced -204.6k -204,586
26 Rockefeller Capital Management L.P. 0.20% of their portfolio NEW YORK, NY 2,749,5172.7m $172.4m $172.4m 0.20% Added +1.3m +1,330,925
27 CIBC Private Wealth Group LLC 0.28% of their portfolio ATLANTA, GA 2,552,6212.6m $159.2m $159.2m 0.28% Reduced -99.2k -99,153
28 CAPTRUST FINANCIAL ADVISORS 0.34% of their portfolio RALEIGH, NC 2,413,9022.4m $150.5m $150.5m 0.34% Reduced -20.7k -20,730
29 STIFEL FINANCIAL CORP 0.14% of their portfolio ST. LOUIS, MO 2,354,1482.4m $146.8m $146.8m 0.14% Added +3.1k +3,109
30 Proficio Capital Partners LLC 8.61% of their portfolio NEWTON, MA 2,218,5822.2m $138.4m $138.4m 8.61% Reduced -73.3k -73,253
31 Pureheart Capital Pte Ltd. 22.07% of their portfolio SINGAPORE, U0 2,142,0002.1m $133.6m $133.6m 22.07% Reduced -533.0k -533,000
32 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,884,8881.9m $117.5m $117.5m 0.02% Added +1.2m +1,155,643
33 EQUITABLE TRUST CO 5.85% of their portfolio NASHVILLE, TN 1,883,5441.9m $117.5m $117.5m 5.85% Reduced -409.4k -409,374
34 OSAIC HOLDINGS, INC. 0.21% of their portfolio SCOTTSDALE, AZ 1,875,3851.9m $116.9m $116.9m 0.21% Added +553.7k +553,728
35 TOCQUEVILLE ASSET MANAGEMENT L.P. 1.76% of their portfolio New York, NY 1,852,1471.9m $115.5m $115.5m 1.76% Reduced -149.8k -149,763
36 Erste Asset Management GmbH 0.93% of their portfolio VIENNA, C4 1,775,6501.8m $110.7m $110.7m 0.93% Added +611.6k +611,650
37 Arnhold LLC 9.99% of their portfolio New York, NY 1,757,2541.8m $109.6m $109.6m 9.99% Unchanged
38 Chevy Chase Trust Holdings, LLC 0.31% of their portfolio BETHESDA, MD 1,686,1081.7m $105.1m $105.1m 0.31% Reduced -158.8k -158,779
39 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,599,1011.6m $99.7m $99.7m 0.02% Added +617.8k +617,769
40 AlTi Global, Inc. 2.45% of their portfolio NEW YORK, NY 1,567,7861.6m $97.8m $97.8m 2.45% Added +19.5k +19,544
41 MOON CAPITAL MANAGEMENT LP 73.96% of their portfolio NEW YORK, NY 1,559,6041.6m $97.3m $97.3m 73.96% Unchanged
42 GM Advisory Group, LLC 4.79% of their portfolio MELVILLE, NY 1,555,2961.6m $97.0m $97.0m 4.79% Reduced -513.2k -513,240
43 MML INVESTORS SERVICES, LLC 0.28% of their portfolio SPRINGFIELD, MA 1,553,0501.6m $96.8m $96.8m 0.28% Added +9.8k +9,839
44 Cetera Investment Advisers 0.15% of their portfolio SCHAUMBURG, IL 1,465,5711.5m $91.4m $91.4m 0.15% Reduced -181.6k -181,580
45 Cresset Asset Management, LLC 0.45% of their portfolio Chicago, IL 1,449,8801.4m $90.4m $90.4m 0.45% Reduced -76.1k -76,114
46 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 1,442,8301.4m $90.0m $90.0m 0.02% Reduced -118.4k -118,413
47 PFG Advisors 6.88% of their portfolio Phoenix, AZ 1,432,3691.4m $149.0m $149.0m 6.88% Added +1.4m +1,403,121
48 Mariner, LLC 0.12% of their portfolio Overland Park, KS 1,368,4291.4m $85.3m $85.3m 0.12% Added +36.8k +36,847
49 Baird Financial Group, Inc. 0.15% of their portfolio MILWAUKEE, WI 1,349,1651.3m $84.1m $84.1m 0.15% Reduced -490.9k -490,856
50 MAINSTAY CAPITAL MANAGEMENT LLC /ADV 4.09% of their portfolio GRAND BLANC, MI 1,329,1431.3m $82.9m $82.9m 4.09% Added +1.3m +1,318,237
51 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 1,236,7151.2m $77.1m $77.1m 0.02% Reduced -2.4k -2,404
52 First Command Advisory Services, Inc. 0.66% of their portfolio FORT WORTH, TX 1,230,1361.2m $76.7m $76.7m 0.66% Reduced -78.8k -78,783
53 NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio NEW YORK, NY 1,221,7261.2m $76.2m $76.2m 0.06% Reduced -29.6k -29,572
54 CENTRAL TRUST Co 1.70% of their portfolio JEFFERSON CITY, MO 1,178,6021.2m $73.5m $73.5m 1.70% Reduced -102.2k -102,226
55 FORBES J M & CO LLP 6.66% of their portfolio Boston, MA 1,167,6411.2m $72.8m $72.8m 6.66% Reduced -279.8k -279,759
56 Tanglewood Wealth Management, Inc. 7.10% of their portfolio HOUSTON, TX 1,155,4711.2m $72.1m $72.1m 7.10% Reduced -116.8k -116,816
57 Allianz SE 1.70% of their portfolio Munich, 2M 1,154,2911.2m $72.0m $72.0m 1.70% Added +59.1k +59,097
58 Dynasty Wealth Management, LLC 1.20% of their portfolio ST. PETERSBURG, FL 1,131,8291.1m $70.6m $70.6m 1.20% Reduced -73.4k -73,445
59 OneDigital Investment Advisors LLC 0.78% of their portfolio OVERLAND PARK, KS 1,129,6781.1m $70.4m $70.4m 0.78% Reduced -102.6k -102,635
60 PNC Financial Services Group, Inc. 0.05% of their portfolio Pittsburgh, PA 1,129,2991.1m $70.4m $70.4m 0.05% Added +72.7k +72,687
61 Envestnet Portfolio Solutions, Inc. 0.26% of their portfolio BERWYN, PA 1,124,2411.1m $70.1m $70.1m 0.26% Reduced -539.0k -538,964
62 1832 Asset Management L.P. 0.12% of their portfolio TORONTO, A6 1,089,3651.1m $67.9m $67.9m 0.12% Added +430.4k +430,433
63 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 1,077,8961.1m $67.2m $67.2m 0.02% Added +118.3k +118,305
64 Janney Montgomery Scott LLC 0.17% of their portfolio PHILADELPHIA, PA 1,067,0221.1m $66.5m $66.5m 0.17% Reduced -130.5k -130,515
65 Quadrature Capital Ltd 1.14% of their portfolio LONDON, X0 1,058,0601.1m $66.0m $66.0m 1.14% New
66 CWM, LLC 0.23% of their portfolio OMAHA, NE 1,037,2161.0m $64.7m $64.7m 0.23% Added +56.6k +56,643
67 PARK AVENUE SECURITIES LLC 0.58% of their portfolio NEW YORK, NY 1,013,3351.0m $63.2m $63.2m 0.58% Reduced -361.6k -361,632
68 TWIN FOCUS CAPITAL PARTNERS, LLC 8.66% of their portfolio Boston, MA 991,700991.7k $61.8m $61.8m 8.66% Added +160.0k +160,011
69 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 974,903974.9k $60.8m $60.8m 0.03% Added +182.6k +182,626
70 Oxbow Advisors, LLC 6.45% of their portfolio Austin, TX 946,228946.2k $59.0m $59.0m 6.45% Reduced -21.3k -21,256
71 AXXCESS WEALTH MANAGEMENT, LLC 1.39% of their portfolio CARLSBAD, CA 931,595931.6k $58.1m $58.1m 1.39% Reduced -35.5k -35,494
72 Capital Asset Advisory Services LLC 2.72% of their portfolio Williamston, MI 924,226924.2k $58.2m $58.2m 2.72% Reduced -23.3k -23,316
73 BEACON INVESTMENT ADVISORY SERVICES, INC. 2.53% of their portfolio MORRISTOWN, NJ 919,938919.9k $57.4m $57.4m 2.53% Added +10.3k +10,316
74 Cambridge Investment Research Advisors, Inc. 0.17% of their portfolio FAIRFIELD, IA 917,093917.1k $57.2m $57.2m 0.17% Added +48.5k +48,457
75 Permanens Capital L.P. 7.73% of their portfolio NEW YORK, NY 909,546909.5k $56.7m $56.7m 7.73% Added +35.8k +35,804
76 MERCER GLOBAL ADVISORS INC /ADV 0.12% of their portfolio DENVER, CO 880,573880.6k $54.9m $54.9m 0.12% Reduced -90.5k -90,495
77 Foundations Investment Advisors, LLC 0.85% of their portfolio PHOENIX, AZ 864,900864.9k $53.9m $53.9m 0.85% Added +209.4k +209,367
78 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 1.17% of their portfolio BOSTON, MA 854,826854.8k $53.1m $53.1m 1.17% Added +294.2k +294,198
79 Circle Wealth Management, LLC 1.13% of their portfolio SUMMIT, NJ 815,118815.1k $50.8m $50.8m 1.13% Added +4.5k +4,460
80 Sanctuary Advisors, LLC 0.31% of their portfolio INDIANAPOLIS, IN 812,576812.6k $50.7m $50.7m 0.31% Reduced -1.5k -1,549
81 NewEdge Advisors, LLC 0.26% of their portfolio NEW ORLEANS, LA 800,008800.0k $49.9m $49.9m 0.26% Added +15.8k +15,768
82 Creative Planning 0.04% of their portfolio OVERLAND PARK, KS 764,144764.1k $47.7m $47.7m 0.04% Added +266 +266
83 ANDERSON HOAGLAND & CO 4.42% of their portfolio ST LOUIS, MO 742,316742.3k $46.3m $46.3m 4.42% Added +76.0k +76,019
84 EverSource Wealth Advisors, LLC 2.06% of their portfolio BIRMINGHAM, AL 732,123732.1k $45.7m $45.7m 2.06% Added +18.9k +18,890
85 Mirae Asset Global Investments Co., Ltd. 0.16% of their portfolio SEOUL, M5 721,382721.4k $45.0m $45.0m 0.16% Reduced -125.9k -125,880
86 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 717,165717.2k $44.7m $44.7m 0.03% Added +86.9k +86,871
87 National Philanthropic Trust 0.59% of their portfolio Jenkintown, PA 702,133702.1k $43.8m $43.8m 0.59% Added +27.2k +27,194
88 Biltmore Family Office, LLC 7.40% of their portfolio CHARLOTTE, NC 702,089702.1k $43.8m $43.8m 7.40% Reduced -17.4k -17,431
89 GenWealth Group, Inc. 8.62% of their portfolio Maplewood, NJ 685,552685.6k $42.8m $42.8m 8.62% Reduced -110.3k -110,327
90 ASSETMARK, INC 0.10% of their portfolio CONCORD, CA 676,720676.7k $42.2m $42.2m 0.10% Added +49.4k +49,368
91 Narwhal Capital Management 3.36% of their portfolio MARIETTA, GA 671,755671.8k $41.9m $41.9m 3.36% Reduced -6.6k -6,568
92 NorthCoast Asset Management LLC 0.18% of their portfolio STAMFORD, CT 668,502668.5k $41.7m $41.7m 0.18% Added +93.0k +93,018
93 Intellus Advisors LLC 6.21% of their portfolio NAPLES, FL 668,222668.2k $41.7m $41.7m 6.21% Reduced -19.2k -19,229
94 LIFE LINE WEALTH MANAGEMENT LLC 13.01% of their portfolio Beverly Hills, CA 644,035644.0k $40.2m $40.2m 13.01% Added +222.5k +222,499
95 Evercore Wealth Management, LLC 0.62% of their portfolio New York, NY 635,955636.0k $39.7m $39.7m 0.62% Added +4.7k +4,735
96 Equitable Holdings, Inc. 0.33% of their portfolio NEW YORK, NY 632,981633.0k $39.5m $39.5m 0.33% Added +42.0k +41,993
97 NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio MONTREAL, A8 630,243630.2k $39.3m $39.3m 0.04% Reduced -93.6k -93,644
98 TIAA TRUST, NATIONAL ASSOCIATION 0.10% of their portfolio CHARLOTTE, NC 627,414627.4k $39.1m $39.1m 0.10% Reduced -217.0k -216,991
99 IEQ CAPITAL, LLC 0.23% of their portfolio Foster City, CA 608,173608.2k $37.9m $37.9m 0.23% Reduced -13.6k -13,562
100 Corient Private Wealth LP 0.08% of their portfolio MIAMI, FL 602,270602.3k $59.9m $59.9m 0.08% Added +259.2k +259,191