Vault-13

ISHARES S&P GSCI COMMODITY- GSG

UNIT BEN INT · ETP · CUSIP 46428R107

130 institutional holders +11 vs Q3 2025
31,302,16331.3m shares reported held*
$722.0mreported value*
18 new 25 added 38 reduced 9 sold out net bought ≈ $52.8m (+2.3m 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 ($449.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.06. Options: 1 managers hold calls ($16.1k notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 168Q4 22: 162Q1 23: 142Q2 23: 136Q3 23: 151Q4 23: 139Q1 24: 138Q2 24: 151Q3 24: 128Q4 24: 129Q1 25: 130Q2 25: 122Q3 25: 119Q4 25: 130130Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022168
Q4 2022162
Q1 2023142
Q2 2023136
Q3 2023151
Q4 2023139
Q1 2024138
Q2 2024151
Q3 2024128
Q4 2024129
Q1 2025130
Q2 2025122
Q3 2025119
Q4 2025130

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 47 bought or addedQ1 24: 63 cut or sold outQ2 24: 53 bought or addedQ2 24: 60 cut or sold outQ2 24Q3 24: 32 bought or addedQ3 24: 74 cut or sold outQ4 24: 41 bought or addedQ4 24: 59 cut or sold outQ4 24Q1 25: 46 bought or addedQ1 25: 49 cut or sold outQ2 25: 33 bought or addedQ2 25: 57 cut or sold outQ2 25Q3 25: 36 bought or addedQ3 25: 47 cut or sold outQ4 25: 43 bought or addedQ4 25: 47 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20244763
Q2 20245360
Q3 20243274
Q4 20244159
Q1 20254649
Q2 20253357
Q3 20253647
Q4 20254347

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ1 25 calls: $3.3mQ1 25 puts: $56.9kQ1 25P/C 0.02Q2 25 calls: $751.5kQ2 25 puts: $2.0kQ2 25P/C 0.00Q3 25 calls: $314.6kQ3 25 puts: $140.0kQ3 25P/C 0.44Q4 25 calls: $16.1kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$3.3m$56.9k0.02
Q2 2025$751.5k$2.0k0.00
Q3 2025$314.6k$140.0k0.44
Q4 2025$16.1k$00.00

Biggest buyers

SUMITOMO LIFE INSURANCE CO New +1,746,896+1.7m
JPMORGAN CHASE & CO Added +413,089+413.1k
Callan Family Office, LLC New +182,478+182.5k
NEUBERGER BERMAN GROUP LLC Added +177,503+177.5k
GOLDMAN SACHS GROUP INC Added +155,963+156.0k
Alliance Wealth Advisors, LLC /UT New +104,989+105.0k
BANK OF AMERICA CORP /DE/ Added +100,634+100.6k
Quent Capital, LLC Added +90,296+90.3k
Corient Private Wealth LP Added +81,458+81.5k
BlackRock, Inc. Added +69,924+69.9k

Biggest sellers

USA FINANCIAL FORMULAS Reduced -338,351-338.4k
NATIXIS ADVISORS, LLC Sold out -194,705-194.7k
RED CEDAR INVESTMENT MANAGEMENT, LLC Sold out -184,379-184.4k
WELLS FARGO & COMPANY/MN Reduced -45,298-45.3k
OneAscent Financial Services LLC Sold out -40,435-40.4k
OSAIC HOLDINGS, INC. Reduced -31,637-31.6k
STATE STREET CORP Reduced -30,000-30.0k
Quadrature Capital Ltd Sold out -26,633-26.6k
Empirical Asset Management, LLC Reduced -24,916-24.9k
Southeast Asset Advisors, LLC Sold out -18,514-18.5k

Biggest calls

SIMPLEX TRADING, LLC Unchanged $16.1k700 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock Portfolio Management LLC 13G · institution -1.0 pts · filed 2026-10-27 9.4% -1.0 pts 2.7m≈ $77.3m 2026-10-27

Insider purchases and sales in Q4 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 Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.01% of their portfolio New York, NY 20,621,78220.6m $475.5m $475.5m 0.01% Added +69.9k +69,924
2 SUMITOMO LIFE INSURANCE CO 1.10% of their portfolio TOKYO, M0 1,746,8961.7m $40.3m $40.3m 1.10% New
3 STRATEGIC INVESTMENT MANAGEMENT, LLC 11.07% of their portfolio ARLINGTON, VA 947,572947.6k $21.9m $21.9m 11.07% Unchanged
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 880,666880.7k $20.3m $20.3m 0.00% Added +100.6k +100,634
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 879,534879.5k $20.3m $20.3m 0.00% Added +10.9k +10,931
6 Quent Capital, LLC 1.39% of their portfolio NEW YORK, NY 833,558833.6k $19.2m $19.2m 1.39% Added +90.3k +90,296
7 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 667,983668.0k $15.4m $15.4m 0.00% Added +156.0k +155,963
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 597,191597.2k $13.8m $13.8m 0.00% Added +413.1k +413,089
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 287,198287.2k $6.6m $6.6m 0.00% Reduced -45.3k -45,298
10 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 271,924271.9k $6.3m $6.3m 0.00% Reduced -13.4k -13,414
11 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 218,765218.8k $5.0m $5.0m 0.00% Added +177.5k +177,503
12 Callan Family Office, LLC 0.09% of their portfolio RADNOR, PA 182,478182.5k $4.2m $4.2m 0.09% New
13 DT Investment Partners, LLC 0.34% of their portfolio CHADDS FORD, PA 179,334179.3k $4.1m $4.1m 0.34% Added +333 +333
14 Inscription Capital, LLC 0.41% of their portfolio HOUSTON, TX 171,827171.8k $4.0m $4.0m 0.41% Reduced -17.4k -17,440
15 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 160,192160.2k $3.7m $3.7m 0.00% Added +81.5k +81,458
16 WASHINGTON GROWTH STRATEGIES LLC 1.97% of their portfolio WASHINGTON, DC 132,299132.3k $3.1m $3.1m 1.97% Unchanged
17 Sovran Advisors, LLC 0.27% of their portfolio SAN DIEGO, CA 131,235131.2k $3.1m $3.1m 0.27% Reduced -397 -397
18 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 126,324126.3k $2.9m $2.9m 0.00% Reduced -6.7k -6,716
19 Rakuten Investment Management, Inc. 0.01% of their portfolio TOKYO, M0 118,000118.0k $2.7m $2.7m 0.01% Unchanged
20 Alliance Wealth Advisors, LLC /UT 0.52% of their portfolio Centerville, UT 104,989105.0k $2.4m $2.4m 0.52% New
21 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 92,00092.0k $2.1m $2.1m 0.00% Reduced -30.0k -30,000
22 MONECO ADVISORS, LLC 0.17% of their portfolio FAIRFIELD, CT 91,35591.4k $2.1m $2.1m 0.17% Reduced -3.0k -2,988
23 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 69,83769.8k $1.6m $1.6m 0.00% Reduced -6.3k -6,253
24 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 65,96666.0k $1.5m $1.5m 0.02% Added +1.5k +1,465
25 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 65,77565.8k $1.5m $1.5m 0.00% Reduced -740 -740
26 PATTON FUND MANAGEMENT, INC. 0.20% of their portfolio New York, NY 63,10563.1k $1.5m $1.5m 0.20% Reduced -4.2k -4,181
27 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 58,95559.0k $1.4m $1.4m 0.00% Reduced -15.8k -15,796
28 PINNACLE ASSOCIATES LTD 0.02% of their portfolio NEW YORK, NY 55,00055.0k $1.3m $1.3m 0.02% Unchanged
29 Pinnacle Wealth Management Advisory Group, LLC 0.09% of their portfolio RED BANK, NJ 55,00055.0k $1.3m $1.3m 0.09% Unchanged
30 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 54,91354.9k $1.3m $1.3m 0.00% Reduced -6.7k -6,739
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 54,46154.5k $1.3m $1.3m 0.00% Reduced -43 -43
32 PFG Investments, LLC 0.06% of their portfolio WOODBURY, NY 53,44253.4k $1.2m $1.2m 0.06% Added +1.8k +1,800
33 Marino Management, LLC 0.24% of their portfolio WESTPORT, CT 52,09152.1k $1.2m $1.2m 0.24% First filing
34 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 50,43850.4k $1.2m $1.2m 0.00% Reduced -748 -748
35 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 47,73147.7k $1.1m $1.1m 0.00% New
36 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 47,57347.6k $1.1m $1.1m 0.00% Reduced -375 -375
37 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 47,35147.4k $1.1m $1.1m 0.02% Reduced -219 -219
38 Evanson Asset Management, LLC 0.06% of their portfolio CARMEL, CA 47,34747.3k $1.1m $1.1m 0.06% Unchanged
39 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 43,81143.8k $1.0m $1.0m 0.01% Unchanged
40 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 41,59841.6k $959.2k $959.2k 0.00% Added +914 +914
41 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 39,90339.9k $920.2k $920.2k 0.00% Reduced -31.6k -31,637
42 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 38,70438.7k $892.5k $892.5k 0.00% Reduced -197 -197
43 Moors & Cabot, Inc. 0.04% of their portfolio BOSTON, MA 36,84936.8k $849.7k $849.7k 0.04% Reduced -61 -61
44 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 34,46834.5k $794.8k $794.8k 0.00% Reduced -1.6k -1,610
45 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 32,34732.3k $745.9k $745.9k 0.00% New
46 Wealth Advisory Solutions, LLC 0.17% of their portfolio ZIONSVILLE, IN 31,34831.3k $722.9k $722.9k 0.17% Added +1.3k +1,336
47 Avestar Capital, LLC 0.05% of their portfolio New York, NY 28,75028.8k $663.0k $663.0k 0.05% Added +3.5k +3,500
48 M Holdings Securities, Inc. 0.05% of their portfolio PORTLAND, OR 27,53927.5k $635.0k $635.0k 0.05% Added +13.7k +13,694
49 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 25,54525.5k $589.1k $589.1k 0.00% Added +3.2k +3,219
50 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 25,20025.2k $581.1k $581.1k 0.01% Reduced -200 -200
51 Virtu Financial LLC 0.02% of their portfolio New York, NY 24,86824.9k $573.0k $573.0k 0.02% New
52 Aspect Partners, LLC 0.24% of their portfolio FAIRFAX, VA 23,62923.6k $544.9k $544.9k 0.24% Reduced -256 -256
53 F/m Investments LLC 0.02% of their portfolio WASHINGTON, DC 23,58623.6k $543.9k $543.9k 0.02% Reduced -2.6k -2,580
54 Mariner, LLC 0.00% of their portfolio Overland Park, KS 22,26522.3k $513.4k $513.4k 0.00% Reduced -7.9k -7,916
55 Capital Group Private Client Services, Inc. 0.01% of their portfolio Los Angeles, CA 21,80621.8k $502.8k $502.8k 0.01% New
56 Chandler Asset Management, Inc. 0.08% of their portfolio SAN DIEGO, CA 21,60521.6k $498.2k $498.2k 0.08% Unchanged
57 Empirical Asset Management, LLC 0.14% of their portfolio WELLESLEY, MA 20,88320.9k $481.6k $481.6k 0.14% Reduced -24.9k -24,916
58 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 19,82819.8k $457.2k $457.2k 0.00% Reduced -4.6k -4,557
59 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 19,39719.4k $451.1k $451.1k 0.00% Added +7.1k +7,114
60 Krilogy Financial LLC 0.02% of their portfolio ST. LOUIS, MO 19,01919.0k $472.6k $472.6k 0.02% Reduced -760 -760
61 Sierra Capital LLC 0.04% of their portfolio MIAMI, FL 17,64917.6k $407.0k $407.0k 0.04% Unchanged
62 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 17,07617.1k $393.8k $393.8k 0.00% Unchanged
63 AlphaCore Capital LLC 0.01% of their portfolio LA JOLLA, CA 16,11016.1k $371.5k $371.5k 0.01% Unchanged
64 USA FINANCIAL FORMULAS 0.07% of their portfolio ADA, MI 15,89715.9k $366.6k $366.6k 0.07% Reduced -338.4k -338,351
65 First National Trust Co 0.01% of their portfolio Johnstown, PA 15,47615.5k $356.9k $356.9k 0.01% Unchanged
66 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,39215.4k $354.9k $354.9k 0.00% Reduced -7.5k -7,523
67 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 15,23215.2k $351.2k $351.2k 0.00% Reduced -3.0k -3,012
68 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 15,19915.2k $350.5k $350.5k 0.01% Reduced -1.4k -1,387
69 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 14,24014.2k $328.4k $328.4k 0.00% Unchanged
70 GW&K Investment Management, LLC 0.00% of their portfolio BOSTON, MA 14,00014.0k $323.0k $323.0k 0.00% Unchanged
71 Fifth Third Securities, Inc. 0.02% of their portfolio Cincinnati, OH 13,10313.1k $302.2k $302.2k 0.02% Reduced -120 -120
72 1015 Capital Partners, LLC 0.27% of their portfolio NARBERTH, PA 11,75011.8k $271.0k $271.0k 0.27% First filing
73 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 11,39411.4k $263.0k $263.0k 0.01% New
74 BOS Asset Management, LLC 0.07% of their portfolio SPRINGFIELD, IL 11,33011.3k $261.3k $261.3k 0.07% Unchanged
75 Aurdan Capital Management, LLC 0.08% of their portfolio Wayne, PA 10,55010.6k $243.3k $243.3k 0.08% Unchanged
76 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 10,10110.1k $232.9k $232.9k 0.01% Added +3.6k +3,612
77 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 9,6309.6k $222.1k $222.1k 0.00% Unchanged
78 Capstone Financial Advisors, Inc. 0.01% of their portfolio DOWNERS GROVE, IL 9,6009.6k $221.4k $221.4k 0.01% Unchanged
79 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 9,3299.3k $215.1k $215.1k 0.00% Added +200 +200
80 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 9,1599.2k $211.0k $211.0k 0.00% Reduced -3.2k -3,183
81 DAVIS R M INC 0.00% of their portfolio PORTLAND, ME 9,1509.2k $211.0k $211.0k 0.00% Unchanged
82 Evolution Wealth Advisors, LLC 0.02% of their portfolio AVENTURA, FL 9,0009.0k $207.5k $207.5k 0.02% New
83 Breakwater Investment Management 0.07% of their portfolio SEATTLE, WA 8,4578.5k $195.0k $195.0k 0.07% Unchanged
84 Essential Partners LLC 0.05% of their portfolio RANCHO SANTA FE, CA 6,8306.8k $157.5k $157.5k 0.05% Unchanged
85 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 6,7346.7k $155.3k $155.3k 0.00% New
86 COMERICA BANK 0.00% of their portfolio DALLAS, TX 6,4186.4k $148.0k $148.0k 0.00% Unchanged
87 Dunhill Financial, LLC 0.04% of their portfolio LONDON, X0 6,4166.4k $148.0k $148.0k 0.04% Added +5.6k +5,644
88 Arlington Trust Co LLC 0.01% of their portfolio BIRMINGHAM, AL 6,2506.2k $144.1k $144.1k 0.01% Unchanged
89 Private Wealth Asset Management, LLC 0.01% of their portfolio OMAHA, NE 5,0005.0k $115.3k $115.3k 0.01% Reduced -359 -359
90 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 4,0494.0k $96.4k $96.4k 0.00% Added +616 +616
91 Reflection Asset Management 0.07% of their portfolio ISLE OF PALMS, SC 3,9263.9k $92.1k $92.1k 0.07% First filing
92 Cordant, Inc. 0.03% of their portfolio PORTLAND, OR 3,0383.0k $70.1k $70.1k 0.03% Reduced -16 -16
93 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 2,8682.9k $66.1k $66.1k 0.00% Unchanged
94 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 2,1722.2k $50.1k $50.1k 0.00% Unchanged
95 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,1702.2k $50.0k $50.0k 0.00% Unchanged
96 BFSG, LLC 0.00% of their portfolio IRVINE, CA 1,8401.8k $42.4k $42.4k 0.00% New
97 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,7531.8k $40.4k $40.4k 0.00% Unchanged
98 HIGHLINE WEALTH PARTNERS LLC 0.01% of their portfolio SHERMAN OAKS, CA 1,7001.7k $39.2k $39.2k 0.01% Unchanged
99 Strengthening Families & Communities, LLC 0.01% of their portfolio BOSTON, MA 1,5021.5k $34.6k $34.6k 0.01% Added +328 +328
100 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 1,5001.5k $34.6k $34.6k 0.00% Unchanged