Vault-13

ISHARES S&P GSCI COMMODITY- GSG

UNIT BEN INT · ETP · CUSIP 46428R107

146 institutional holders +16 vs Q4 2025
15,454,05015.5m shares reported held*
$496.4mreported value*
27 new 32 added 38 reduced 11 sold out net sold ≈ $514.2m (-15.9m 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 ($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

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: 130Q1 26: 146146Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q1 2026146

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 53 bought or addedQ2 24: 60 cut or sold outQ3 24: 32 bought or addedQ3 24: 74 cut or sold outQ3 24Q4 24: 41 bought or addedQ4 24: 59 cut or sold outQ1 25: 46 bought or addedQ1 25: 49 cut or sold outQ1 25Q2 25: 33 bought or addedQ2 25: 57 cut or sold outQ3 25: 36 bought or addedQ3 25: 47 cut or sold outQ3 25Q4 25: 43 bought or addedQ4 25: 47 cut or sold outQ1 26: 59 bought or addedQ1 26: 49 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20245360
Q3 20243274
Q4 20244159
Q1 20254649
Q2 20253357
Q3 20253647
Q4 20254347
Q1 20265949

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ2 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 0.00Q1 26 calls: $8.7mQ1 26 puts: $2.0mQ1 26P/C 0.24
Numbers
QuarterCallsPutsP/C
Q2 2025$751.5k$2.0k0.00
Q3 2025$314.6k$140.0k0.44
Q4 2025$16.1k$00.00
Q1 2026$8.7m$2.0m0.24

Biggest buyers

WELLS FARGO & COMPANY/MN Added +691,429+691.4k
Duquesne Family Office LLC New +643,000+643.0k
USA FINANCIAL FORMULAS Added +561,795+561.8k
Lifeworks Advisors, LLC New +337,979+338.0k
Prospera Financial Services Inc Added +299,144+299.1k
OSAIC HOLDINGS, INC. Added +284,756+284.8k
MORGAN STANLEY Added +270,563+270.6k
HighTower Advisors, LLC Added +158,327+158.3k
STIFEL FINANCIAL CORP Added +148,691+148.7k
Rakuten Investment Management, Inc. Added +118,000+118.0k

Biggest sellers

BlackRock, Inc. Reduced -17,203,650-17.2m
SUMITOMO LIFE INSURANCE CO Reduced -1,100,568-1.1m
JPMORGAN CHASE & CO Reduced -541,260-541.3k
GOLDMAN SACHS GROUP INC Reduced -342,500-342.5k
STRATEGIC INVESTMENT MANAGEMENT, LLC Reduced -241,600-241.6k
BANK OF AMERICA CORP /DE/ Reduced -232,630-232.6k
NEUBERGER BERMAN GROUP LLC Reduced -182,106-182.1k
Corient Private Wealth LP Reduced -80,120-80.1k
Bank of New York Mellon Corp Reduced -37,111-37.1k
Inscription Capital, LLC Reduced -36,657-36.7k

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.

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 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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,418,1323.4m $110.2m $110.2m 0.00% Reduced -17.2m -17,203,650
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,150,0971.2m $37.1m $37.1m 0.00% Added +270.6k +270,563
3 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 978,627978.6k $31.6m $31.6m 0.01% Added +691.4k +691,429
4 Quent Capital, LLC 2.12% of their portfolio NEW YORK, NY 927,927927.9k $29.9m $29.9m 2.12% Added +94.4k +94,369
5 STRATEGIC INVESTMENT MANAGEMENT, LLC 9.51% of their portfolio ARLINGTON, VA 705,972706.0k $22.8m $22.8m 9.51% Reduced -241.6k -241,600
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 648,036648.0k $20.9m $20.9m 0.00% Reduced -232.6k -232,630
7 SUMITOMO LIFE INSURANCE CO 0.49% of their portfolio TOKYO, M0 646,328646.3k $20.8m $20.8m 0.49% Reduced -1.1m -1,100,568
8 Duquesne Family Office LLC 0.71% of their portfolio New York, NY 643,000643.0k $20.7m $20.7m 0.71% New
9 USA FINANCIAL FORMULAS 3.51% of their portfolio ADA, MI 577,692577.7k $18.6m $18.6m 3.51% Added +561.8k +561,795
10 Prospera Financial Services Inc 0.19% of their portfolio Dallas, TX 365,110365.1k $11.8m $11.8m 0.19% Added +299.1k +299,144
11 Lifeworks Advisors, LLC 1.40% of their portfolio GRAND RAPIDS, MI 337,979338.0k $10.9m $10.9m 1.40% New
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 325,483325.5k $10.5m $10.5m 0.00% Reduced -342.5k -342,500
13 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 324,659324.7k $10.5m $10.5m 0.02% Added +284.8k +284,756
14 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 262,012262.0k $8.4m $8.4m 0.00% Reduced -9.9k -9,912
15 Rakuten Investment Management, Inc. 0.01% of their portfolio TOKYO, M0 236,000236.0k $5.4m $5.4m 0.01% Added +118.0k +118,000
16 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 203,604203.6k $6.6m $6.6m 0.01% Added +148.7k +148,691
17 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 197,031197.0k $6.4m $6.4m 0.01% Added +158.3k +158,327
18 Callan Family Office, LLC 0.13% of their portfolio RADNOR, PA 180,809180.8k $5.8m $5.8m 0.13% Reduced -1.7k -1,669
19 DT Investment Partners, LLC 0.46% of their portfolio CHADDS FORD, PA 172,790172.8k $5.6m $5.6m 0.46% Reduced -6.5k -6,544
20 Alliance Wealth Advisors, LLC /UT 1.18% of their portfolio Centerville, UT 169,779169.8k $5.5m $5.5m 1.18% Added +64.8k +64,790
21 Inscription Capital, LLC 0.46% of their portfolio HOUSTON, TX 135,170135.2k $4.4m $4.4m 0.46% Reduced -36.7k -36,657
22 Sovran Advisors, LLC 0.35% of their portfolio SAN DIEGO, CA 129,527129.5k $4.5m $4.5m 0.35% Reduced -1.7k -1,708
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 125,382125.4k $4.0m $4.0m 0.00% Added +70.9k +70,921
24 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 117,840117.8k $3.8m $3.8m 0.00% Added +85.5k +85,493
25 WASHINGTON GROWTH STRATEGIES LLC 2.44% of their portfolio WASHINGTON, DC 115,852115.9k $3.7m $3.7m 2.44% Reduced -16.4k -16,447
26 Quadrature Capital Ltd 0.03% of their portfolio LONDON, X0 89,31889.3k $2.9m $2.9m 0.03% New
27 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 89,21389.2k $2.9m $2.9m 0.00% Reduced -37.1k -37,111
28 MONECO ADVISORS, LLC 0.21% of their portfolio FAIRFIELD, CT 83,54383.5k $2.7m $2.7m 0.21% Reduced -7.8k -7,812
29 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 80,07280.1k $2.6m $2.6m 0.00% Reduced -80.1k -80,120
30 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 73,17173.2k $2.4m $2.4m 0.00% Added +25.4k +25,440
31 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 70,67570.7k $2.3m $2.3m 0.00% Added +4.9k +4,900
32 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 67,85567.9k $2.2m $2.2m 0.00% Reduced -2.0k -1,982
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 63,29063.3k $2.0m $2.0m 0.00% Added +12.9k +12,852
34 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 57,40057.4k $1.9m $1.9m 0.00% Reduced -34.6k -34,600
35 PFG Investments, LLC 0.09% of their portfolio WOODBURY, NY 57,05257.1k $1.8m $1.8m 0.09% Added +3.6k +3,610
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 55,93155.9k $1.8m $1.8m 0.00% Reduced -541.3k -541,260
37 PINNACLE ASSOCIATES LTD 0.02% of their portfolio NEW YORK, NY 55,00055.0k $1.8m $1.8m 0.02% Unchanged
38 Pinnacle Wealth Management Advisory Group, LLC 0.12% of their portfolio RED BANK, NJ 55,00055.0k $1.8m $1.8m 0.12% Unchanged
39 PATTON FUND MANAGEMENT, INC. 0.30% of their portfolio New York, NY 54,37754.4k $1.8m $1.8m 0.30% Reduced -8.7k -8,728
40 Marino Management, LLC 0.31% of their portfolio WESTPORT, CT 52,09152.1k $1.7m $1.7m 0.31% Unchanged
41 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 51,58551.6k $1.7m $1.7m 0.00% Reduced -7.4k -7,370
42 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 48,91148.9k $1.6m $1.6m 0.00% Added +7.3k +7,313
43 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 47,47347.5k $1.5m $1.5m 0.00% Reduced -100 -100
44 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 43,81143.8k $1.4m $1.4m 0.02% Unchanged
45 OneAscent Financial Services LLC 0.08% of their portfolio BIRMINGHAM, AL 43,64043.6k $1.4m $1.4m 0.08% New
46 INTEGRITY ALLIANCE, LLC. 0.05% of their portfolio Urbandale, IA 42,46642.5k $1.4m $1.4m 0.05% New
47 Evanson Asset Management, LLC 0.07% of their portfolio CARMEL, CA 41,85141.9k $1.3m $1.3m 0.07% Reduced -5.5k -5,496
48 Capital Group Private Client Services, Inc. 0.02% of their portfolio Los Angeles, CA 41,68241.7k $1.3m $1.3m 0.02% Added +19.9k +19,876
49 JOHNSON INVESTMENT COUNSEL INC 0.01% of their portfolio Cincinnati, OH 38,86538.9k $1.3m $1.3m 0.01% New
50 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 36,65936.7k $1.2m $1.2m 0.00% Reduced -182.1k -182,106
51 Wealth Advisory Solutions, LLC 0.25% of their portfolio ZIONSVILLE, IN 35,18035.2k $1.1m $1.1m 0.25% Added +3.8k +3,832
52 Moors & Cabot, Inc. 0.05% of their portfolio BOSTON, MA 34,89134.9k $1.1m $1.1m 0.05% Reduced -2.0k -1,958
53 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 34,66334.7k $1.1m $1.1m 0.01% Reduced -12.7k -12,688
54 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 30,64630.6k $988.3k $988.3k 0.00% Reduced -3.8k -3,822
55 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 30,51930.5k $984.2k $984.2k 0.00% New
56 Avestar Capital, LLC 0.06% of their portfolio New York, NY 28,75028.8k $927.2k $927.2k 0.06% Unchanged
57 Cadent Capital Advisors, LLC 0.24% of their portfolio TULSA, OK 28,63928.6k $923.6k $923.6k 0.24% New
58 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 27,05227.1k $872.4k $872.4k 0.00% Added +7.7k +7,655
59 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 25,93725.9k $836.5k $836.5k 0.00% Added +25.6k +25,589
60 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 25,20025.2k $812.7k $812.7k 0.01% Unchanged
61 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 23,84423.8k $769.0k $769.0k 0.00% Reduced -1.7k -1,701
62 Aspect Partners, LLC 0.31% of their portfolio FAIRFAX, VA 23,62923.6k $762.0k $762.0k 0.31% Unchanged
63 Emerald Investment Advisers, LLC 0.07% of their portfolio LEOLA, PA 23,58623.6k $760.6k $760.6k 0.07% First filing
64 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 21,35921.4k $689.0k $689.0k 0.02% Added +10.0k +9,965
65 Empirical Asset Management, LLC 0.18% of their portfolio WELLESLEY, MA 20,74820.7k $669.1k $669.1k 0.18% Reduced -135 -135
66 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 19,58819.6k $631.7k $631.7k 0.00% New
67 Krilogy Financial LLC 0.02% of their portfolio ST. LOUIS, MO 18,42718.4k $581.0k $581.0k 0.02% Reduced -592 -592
68 Mariner, LLC 0.00% of their portfolio Overland Park, KS 17,86417.9k $576.1k $576.1k 0.00% Reduced -4.4k -4,401
69 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 17,07617.1k $550.7k $550.7k 0.00% Unchanged
70 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 16,39616.4k $528.8k $528.8k 0.00% Added +1.2k +1,164
71 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 16,27716.3k $525.0k $525.0k 0.00% Added +7.1k +7,118
72 AlphaCore Capital LLC 0.01% of their portfolio LA JOLLA, CA 16,11016.1k $519.5k $519.5k 0.01% Unchanged
73 First National Trust Co 0.02% of their portfolio Johnstown, PA 15,47615.5k $499.1k $499.1k 0.02% Unchanged
74 Kovack Advisors, Inc. 0.03% of their portfolio FT. LAUDERDALE, FL 15,43215.4k $497.7k $497.7k 0.03% New
75 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 15,39115.4k $354.9k $354.9k 0.00% New
76 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 15,19915.2k $490.2k $490.2k 0.01% Unchanged
77 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,10515.1k $487.1k $487.1k 0.00% Reduced -287 -287
78 TWO SIGMA SECURITIES, LLC 0.06% of their portfolio NEW YORK, NY 14,70314.7k $474.2k $474.2k 0.06% New
79 Virtu Financial LLC 0.02% of their portfolio New York, NY 14,60814.6k $471.0k $471.0k 0.02% Reduced -10.3k -10,260
80 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 14,24014.2k $459.2k $459.2k 0.00% Unchanged
81 GW&K Investment Management, LLC 0.00% of their portfolio BOSTON, MA 14,00014.0k $452.0k $452.0k 0.00% Unchanged
82 M Holdings Securities, Inc. 0.03% of their portfolio PORTLAND, OR 13,84513.8k $447.0k $447.0k 0.03% Reduced -13.7k -13,694
83 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 13,05513.1k $421.0k $421.0k 0.00% New
84 BOS Asset Management, LLC 0.09% of their portfolio SPRINGFIELD, IL 11,33011.3k $365.4k $365.4k 0.09% Unchanged
85 Aurdan Capital Management, LLC 0.10% of their portfolio Wayne, PA 10,58510.6k $341.4k $341.4k 0.10% Added +35 +35
86 1015 Capital Partners, LLC 0.31% of their portfolio NARBERTH, PA 9,9009.9k $319.3k $319.3k 0.31% Reduced -1.9k -1,850
87 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 9,6309.6k $310.6k $310.6k 0.01% Unchanged
88 Capstone Financial Advisors, Inc. 0.02% of their portfolio DOWNERS GROVE, IL 9,6009.6k $309.6k $309.6k 0.02% Unchanged
89 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 9,3299.3k $300.9k $300.9k 0.00% Unchanged
90 DAVIS R M INC 0.01% of their portfolio PORTLAND, ME 9,1509.2k $295.1k $295.1k 0.01% Unchanged
91 Dunhill Financial, LLC 0.07% of their portfolio LONDON, X0 9,1009.1k $293.5k $293.5k 0.07% Added +2.7k +2,684
92 Evolution Wealth Advisors, LLC 0.03% of their portfolio AVENTURA, FL 9,0009.0k $290.2k $290.2k 0.03% Unchanged
93 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 8,6268.6k $278.2k $278.2k 0.00% New
94 Breakwater Investment Management 0.10% of their portfolio SEATTLE, WA 8,4578.5k $272.7k $272.7k 0.10% Unchanged
95 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 7,8347.8k $252.6k $252.6k 0.00% Added +1.1k +1,100
96 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 7,6317.6k $246.1k $246.1k 0.00% Added +7.0k +7,012
97 WNY Asset Management, LLC 0.02% of their portfolio Williamsville, NY 7,4907.5k $241.6k $241.6k 0.02% First filing
98 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 7,4437.4k $240.0k $240.0k 0.00% New
99 Well Done, LLC 0.03% of their portfolio HOLLAND, MI 6,9807.0k $225.1k $225.1k 0.03% New
100 Cove Private Wealth, LLC 0.05% of their portfolio Oyster Bay Cove, NY 6,9787.0k $225.0k $225.0k 0.05% New