ISHARES S&P GSCI COMMODITY- GSG
UNIT BEN INT · ETP · CUSIP 46428R107
- SectorFinancials
- IndustryCommodity Contracts Brokers & Dealers
- HeadquartersSan Francisco, CA
- FilingsSEC EDGAR
* 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 ($625.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $32.12. Options: 6 managers hold calls ($8.7m notional), 3 hold puts ($2.0m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 168 |
| Q4 2022 | 162 |
| Q1 2023 | 142 |
| Q2 2023 | 136 |
| Q3 2023 | 151 |
| Q4 2023 | 139 |
| Q1 2024 | 138 |
| Q2 2024 | 151 |
| Q3 2024 | 128 |
| Q4 2024 | 129 |
| Q1 2025 | 130 |
| Q2 2025 | 122 |
| Q3 2025 | 119 |
| Q4 2025 | 130 |
| Q1 2026 | 146 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 53 | 60 |
| Q3 2024 | 32 | 74 |
| Q4 2024 | 41 | 59 |
| Q1 2025 | 46 | 49 |
| Q2 2025 | 33 | 57 |
| Q3 2025 | 36 | 47 |
| Q4 2025 | 43 | 47 |
| Q1 2026 | 59 | 49 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $751.5k | $2.0k | 0.00 |
| Q3 2025 | $314.6k | $140.0k | 0.44 |
| Q4 2025 | $16.1k | $0 | 0.00 |
| Q1 2026 | $8.7m | $2.0m | 0.24 |
Biggest buyers
| WELLS FARGO & COMPANY/MN | Added | +691.4k |
| Duquesne Family Office LLC | New | +643.0k |
| USA FINANCIAL FORMULAS | Added | +561.8k |
| Lifeworks Advisors, LLC | New | +338.0k |
| Prospera Financial Services Inc | Added | +299.1k |
| OSAIC HOLDINGS, INC. | Added | +284.8k |
| MORGAN STANLEY | Added | +270.6k |
| HighTower Advisors, LLC | Added | +158.3k |
| STIFEL FINANCIAL CORP | Added | +148.7k |
| Rakuten Investment Management, Inc. | Added | +118.0k |
Biggest sellers
| BlackRock, Inc. | Reduced | -17.2m |
| SUMITOMO LIFE INSURANCE CO | Reduced | -1.1m |
| JPMORGAN CHASE & CO | Reduced | -541.3k |
| GOLDMAN SACHS GROUP INC | Reduced | -342.5k |
| STRATEGIC INVESTMENT MANAGEMENT, LLC | Reduced | -241.6k |
| BANK OF AMERICA CORP /DE/ | Reduced | -232.6k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -182.1k |
| Corient Private Wealth LP | Reduced | -80.1k |
| Bank of New York Mellon Corp | Reduced | -37.1k |
| Inscription Capital, LLC | Reduced | -36.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $4.4m134.9k shares |
| SIMPLEX TRADING, LLC | Added | $2.0m63.2k shares |
| CITADEL ADVISORS LLC | New | $1.3m41.4k shares |
| JANE STREET GROUP, LLC | New | $519.2k16.1k shares |
| IMC-Chicago, LLC | New | $438.6k13.6k shares |
| GROUP ONE TRADING LLC | New | $32.2k1.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $1.8m56.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $212.8k6.6k shares |
| SIMPLEX TRADING, LLC | New | $12.9k400 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.
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.
| Holder | Stake |
|---|---|
| BlackRock Portfolio Management LLC 13G · institution -1.0 pts · filed 2026-10-27 | 9.4% |
Insider purchases and sales in Q1 2026
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 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 3.4m $110.2m | Reduced -17.2m |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $37.1m | Added +270.6k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 978.6k $31.6m | Added +691.4k |
| Quent Capital, LLC 2.12% of their portfolio | 927.9k $29.9m | Added +94.4k |
| STRATEGIC INVESTMENT MANAGEMENT, LLC 9.51% of their portfolio | 706.0k $22.8m | Reduced -241.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 648.0k $20.9m | Reduced -232.6k |
| SUMITOMO LIFE INSURANCE CO 0.49% of their portfolio | 646.3k $20.8m | Reduced -1.1m |
| Duquesne Family Office LLC 0.71% of their portfolio | 643.0k $20.7m | New |
| USA FINANCIAL FORMULAS 3.51% of their portfolio | 577.7k $18.6m | Added +561.8k |
| Prospera Financial Services Inc 0.19% of their portfolio | 365.1k $11.8m | Added +299.1k |
| Lifeworks Advisors, LLC 1.40% of their portfolio | 338.0k $10.9m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 325.5k $10.5m | Reduced -342.5k |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 324.7k $10.5m | Added +284.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 262.0k $8.4m | Reduced -9.9k |
| Rakuten Investment Management, Inc. 0.01% of their portfolio | 236.0k $5.4m | Added +118.0k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 203.6k $6.6m | Added +148.7k |
| HighTower Advisors, LLC 0.01% of their portfolio | 197.0k $6.4m | Added +158.3k |
| Callan Family Office, LLC 0.13% of their portfolio | 180.8k $5.8m | Reduced -1.7k |
| DT Investment Partners, LLC 0.46% of their portfolio | 172.8k $5.6m | Reduced -6.5k |
| Alliance Wealth Advisors, LLC /UT 1.18% of their portfolio | 169.8k $5.5m | Added +64.8k |
| Inscription Capital, LLC 0.46% of their portfolio | 135.2k $4.4m | Reduced -36.7k |
| Sovran Advisors, LLC 0.35% of their portfolio | 129.5k $4.5m | Reduced -1.7k |
| UBS Group AG 0.00% of their portfolio | 125.4k $4.0m | Added +70.9k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 117.8k $3.8m | Added +85.5k |
| WASHINGTON GROWTH STRATEGIES LLC 2.44% of their portfolio | 115.9k $3.7m | Reduced -16.4k |
| Quadrature Capital Ltd 0.03% of their portfolio | 89.3k $2.9m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 89.2k $2.9m | Reduced -37.1k |
| MONECO ADVISORS, LLC 0.21% of their portfolio | 83.5k $2.7m | Reduced -7.8k |
| Corient Private Wealth LP 0.00% of their portfolio | 80.1k $2.6m | Reduced -80.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 73.2k $2.4m | Added +25.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 70.7k $2.3m | Added +4.9k |
| LPL Financial LLC 0.00% of their portfolio | 67.9k $2.2m | Reduced -2.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 63.3k $2.0m | Added +12.9k |
| STATE STREET CORP 0.00% of their portfolio | 57.4k $1.9m | Reduced -34.6k |
| PFG Investments, LLC 0.09% of their portfolio | 57.1k $1.8m | Added +3.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 55.9k $1.8m | Reduced -541.3k |
| PINNACLE ASSOCIATES LTD 0.02% of their portfolio | 55.0k $1.8m | Unchanged |
| Pinnacle Wealth Management Advisory Group, LLC 0.12% of their portfolio | 55.0k $1.8m | Unchanged |
| PATTON FUND MANAGEMENT, INC. 0.30% of their portfolio | 54.4k $1.8m | Reduced -8.7k |
| Marino Management, LLC 0.31% of their portfolio | 52.1k $1.7m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 51.6k $1.7m | Reduced -7.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 48.9k $1.6m | Added +7.3k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 47.5k $1.5m | Reduced -100 |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio | 43.8k $1.4m | Unchanged |
| OneAscent Financial Services LLC 0.08% of their portfolio | 43.6k $1.4m | New |
| INTEGRITY ALLIANCE, LLC. 0.05% of their portfolio | 42.5k $1.4m | New |
| Evanson Asset Management, LLC 0.07% of their portfolio | 41.9k $1.3m | Reduced -5.5k |
| Capital Group Private Client Services, Inc. 0.02% of their portfolio | 41.7k $1.3m | Added +19.9k |
| JOHNSON INVESTMENT COUNSEL INC 0.01% of their portfolio | 38.9k $1.3m | New |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 36.7k $1.2m | Reduced -182.1k |
| Wealth Advisory Solutions, LLC 0.25% of their portfolio | 35.2k $1.1m | Added +3.8k |
| Moors & Cabot, Inc. 0.05% of their portfolio | 34.9k $1.1m | Reduced -2.0k |
| Advisory Services Network, LLC 0.01% of their portfolio | 34.7k $1.1m | Reduced -12.7k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 30.6k $988.3k | Reduced -3.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 30.5k $984.2k | New |
| Avestar Capital, LLC 0.06% of their portfolio | 28.8k $927.2k | Unchanged |
| Cadent Capital Advisors, LLC 0.24% of their portfolio | 28.6k $923.6k | New |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 27.1k $872.4k | Added +7.7k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 25.9k $836.5k | Added +25.6k |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 25.2k $812.7k | Unchanged |
| Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio | 23.8k $769.0k | Reduced -1.7k |
| Aspect Partners, LLC 0.31% of their portfolio | 23.6k $762.0k | Unchanged |
| Emerald Investment Advisers, LLC 0.07% of their portfolio | 23.6k $760.6k | First filing |
| FLOW TRADERS U.S. LLC 0.02% of their portfolio | 21.4k $689.0k | Added +10.0k |
| Empirical Asset Management, LLC 0.18% of their portfolio | 20.7k $669.1k | Reduced -135 |
| Lido Advisors, LLC 0.00% of their portfolio | 19.6k $631.7k | New |
| Krilogy Financial LLC 0.02% of their portfolio | 18.4k $581.0k | Reduced -592 |
| Mariner, LLC 0.00% of their portfolio | 17.9k $576.1k | Reduced -4.4k |
| SCOTIA CAPITAL INC. 0.00% of their portfolio | 17.1k $550.7k | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 16.4k $528.8k | Added +1.2k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 16.3k $525.0k | Added +7.1k |
| AlphaCore Capital LLC 0.01% of their portfolio | 16.1k $519.5k | Unchanged |
| First National Trust Co 0.02% of their portfolio | 15.5k $499.1k | Unchanged |
| Kovack Advisors, Inc. 0.03% of their portfolio | 15.4k $497.7k | New |
| Equitable Holdings, Inc. 0.00% of their portfolio | 15.4k $354.9k | New |
| Perigon Wealth Management, LLC 0.01% of their portfolio | 15.2k $490.2k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 15.1k $487.1k | Reduced -287 |
| TWO SIGMA SECURITIES, LLC 0.06% of their portfolio | 14.7k $474.2k | New |
| Virtu Financial LLC 0.02% of their portfolio | 14.6k $471.0k | Reduced -10.3k |
| BANK OF NOVA SCOTIA 0.00% of their portfolio | 14.2k $459.2k | Unchanged |
| GW&K Investment Management, LLC 0.00% of their portfolio | 14.0k $452.0k | Unchanged |
| M Holdings Securities, Inc. 0.03% of their portfolio | 13.8k $447.0k | Reduced -13.7k |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 13.1k $421.0k | New |
| BOS Asset Management, LLC 0.09% of their portfolio | 11.3k $365.4k | Unchanged |
| Aurdan Capital Management, LLC 0.10% of their portfolio | 10.6k $341.4k | Added +35 |
| 1015 Capital Partners, LLC 0.31% of their portfolio | 9.9k $319.3k | Reduced -1.9k |
| Parallel Advisors, LLC 0.01% of their portfolio | 9.6k $310.6k | Unchanged |
| Capstone Financial Advisors, Inc. 0.02% of their portfolio | 9.6k $309.6k | Unchanged |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 9.3k $300.9k | Unchanged |
| DAVIS R M INC 0.01% of their portfolio | 9.2k $295.1k | Unchanged |
| Dunhill Financial, LLC 0.07% of their portfolio | 9.1k $293.5k | Added +2.7k |
| Evolution Wealth Advisors, LLC 0.03% of their portfolio | 9.0k $290.2k | Unchanged |
| Arkadios Wealth Advisors 0.00% of their portfolio | 8.6k $278.2k | New |
| Breakwater Investment Management 0.10% of their portfolio | 8.5k $272.7k | Unchanged |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 7.8k $252.6k | Added +1.1k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 7.6k $246.1k | Added +7.0k |
| WNY Asset Management, LLC 0.02% of their portfolio | 7.5k $241.6k | First filing |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 7.4k $240.0k | New |
| Well Done, LLC 0.03% of their portfolio | 7.0k $225.1k | New |
| Cove Private Wealth, LLC 0.05% of their portfolio | 7.0k $225.0k | New |