Vault-13

ISHARES INC RING

MSCI GBL GOLD MN · ETP · CUSIP 46434G855

138 institutional holders +13 vs Q4 2024
13,091,79813.1m shares reported held*
$500.3mreported value*
30 new 31 added 51 reduced 16 sold out net bought ≈ $27.9m (+734.3k 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 ≈ $38.22. Options: 2 managers hold calls ($563.9k notional), 2 hold puts ($53.7k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 74Q4 22: 90Q1 23: 96Q2 23: 78Q3 23: 65Q4 23: 84Q1 24: 81Q2 24: 93Q3 24: 99Q4 24: 125Q1 25: 138138Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202274
Q4 202290
Q1 202396
Q2 202378
Q3 202365
Q4 202384
Q1 202481
Q2 202493
Q3 202499
Q4 2024125
Q1 2025138

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 30 bought or addedQ2 23: 44 cut or sold outQ3 23: 22 bought or addedQ3 23: 45 cut or sold outQ3 23Q4 23: 41 bought or addedQ4 23: 25 cut or sold outQ1 24: 31 bought or addedQ1 24: 36 cut or sold outQ1 24Q2 24: 35 bought or addedQ2 24: 40 cut or sold outQ3 24: 39 bought or addedQ3 24: 39 cut or sold outQ3 24Q4 24: 74 bought or addedQ4 24: 38 cut or sold outQ1 25: 61 bought or addedQ1 25: 67 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20233044
Q3 20232245
Q4 20234125
Q1 20243136
Q2 20243540
Q3 20243939
Q4 20247438
Q1 20256167

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ2 24 calls: $1.2mQ2 24 puts: $648.8kQ2 24P/C 0.52Q3 24 calls: $973.8kQ3 24 puts: $1.2mQ3 24P/C 1.19Q4 24 calls: $506.0kQ4 24 puts: $53.4kQ4 24P/C 0.11Q1 25 calls: $563.9kQ1 25 puts: $53.7kQ1 25P/C 0.10
Numbers
QuarterCallsPutsP/C
Q2 2024$1.2m$648.8k0.52
Q3 2024$973.8k$1.2m1.19
Q4 2024$506.0k$53.4k0.11
Q1 2025$563.9k$53.7k0.10

Biggest buyers

Guardian Partners Inc. New +366,100+366.1k
ROYAL BANK OF CANADA Added +279,759+279.8k
LPL Financial LLC Added +232,211+232.2k
Allianz Asset Management GmbH Added +143,180+143.2k
Avid Wealth Partners LLC New +79,811+79.8k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC New +75,248+75.2k
Empowered Funds, LLC New +62,978+63.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +53,027+53.0k
Cetera Investment Advisers Added +49,047+49.0k
MORGAN STANLEY Added +46,759+46.8k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -124,035-124.0k
E Fund Management Co., Ltd. Sold out -107,704-107.7k
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -100,240-100.2k
Envestnet Portfolio Solutions, Inc. Reduced -93,302-93.3k
BEARING POINT CAPITAL, LLC Sold out -90,915-90.9k
Synergy Asset Management, LLC Reduced -61,105-61.1k
WELLS FARGO & COMPANY/MN Reduced -59,025-59.0k
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Reduced -51,677-51.7k
UBS Group AG Reduced -43,608-43.6k
BANK OF AMERICA CORP /DE/ Reduced -42,642-42.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $395.1k10.3k shares
CITADEL ADVISORS LLC Reduced $168.8k4.4k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $53.7k1.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $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.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio London, X0 2,134,5582.1m $81.3m $81.3m 0.08% Reduced -100.2k -100,240
2 Municipal Employees' Retirement System of Michigan 0.92% of their portfolio LANSING, MI 1,901,9111.9m $73.0m $73.0m 0.92% Unchanged
3 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,580,1601.6m $60.6m $60.6m 0.02% Reduced -124.0k -124,035
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 715,789715.8k $27.5m $27.5m 0.01% Added +232.2k +232,211
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 572,194572.2k $21.9m $21.9m 0.00% Added +46.8k +46,759
6 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 409,322409.3k $15.7m $15.7m 0.05% Added +14.5k +14,506
7 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 406,398406.4k $15.6m $15.6m 0.02% Added +10.0k +10,018
8 Allianz Asset Management GmbH 0.02% of their portfolio MUNICH, 2M 379,114379.1k $14.5m $14.5m 0.02% Added +143.2k +143,180
9 Guardian Partners Inc. 1.54% of their portfolio TORONTO, Z4 366,100366.1k $14.9m $14.9m 1.54% New
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 330,355330.4k $12.7m $12.7m 0.00% Added +279.8k +279,759
11 Proficio Capital Partners LLC 0.71% of their portfolio NEWTON, MA 284,615284.6k $9.2m $9.2m 0.71% Added +7.6k +7,605
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 260,572260.6k $10.0m $10.0m 0.00% Added +45.3k +45,291
13 SYON CAPITAL LLC 0.71% of their portfolio SAN FRANCISCO, CA 227,091227.1k $8.7m $8.7m 0.71% Added +12.1k +12,123
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 221,077221.1k $8.5m $8.5m 0.00% Reduced -18.3k -18,347
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 217,738217.7k $8.4m $8.4m 0.00% Reduced -59.0k -59,025
16 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 201,250201.2k $7.7m $7.7m 0.01% Added +49.0k +49,047
17 180 WEALTH ADVISORS, LLC 1.07% of their portfolio FEDERAL WAY, WA 175,646175.6k $6.7m $6.7m 1.07% Reduced -683 -683
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 162,814162.8k $6.2m $6.2m 0.00% Reduced -43.6k -43,608
19 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 160,667160.7k $6.2m $6.2m 0.00% Reduced -42.6k -42,642
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 120,662120.7k $4.6m $4.6m 0.00% Added +53.0k +53,027
21 PARK AVENUE SECURITIES LLC 0.05% of their portfolio NEW YORK, NY 110,641110.6k $4.2m $4.2m 0.05% Reduced -18.9k -18,854
22 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 109,908109.9k $4.2m $4.2m 0.01% Added +41.6k +41,606
23 FLAGSHIP HARBOR ADVISORS, LLC 0.21% of their portfolio BOSTON, MA 105,819105.8k $4.1m $4.1m 0.21% Added +16.9k +16,938
24 Avid Wealth Partners LLC 2.08% of their portfolio SAN ANTONIO, TX 79,81179.8k $3.1m $3.1m 2.08% New
25 Versant Capital Management, Inc 0.49% of their portfolio PHOENIX, AZ 75,49875.5k $2.9m $2.9m 0.49% Reduced -1.0k -1,043
26 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 75,24875.2k $2.9m $2.9m 0.00% New
27 TD Waterhouse Canada Inc. 0.02% of their portfolio TORONTO, A6 68,48668.5k $2.6m $2.6m 0.02% Added +22.0k +21,955
28 Wealthfront Advisers LLC 0.01% of their portfolio Palo Alto, CA 65,09865.1k $2.5m $2.5m 0.01% Reduced -2.0k -1,968
29 Climber Capital SA 1.44% of their portfolio NYON, V8 64,58564.6k $1.8m $1.8m 1.44% Reduced -180 -180
30 RHS Financial, LLC 1.39% of their portfolio SAN FRANCISCO, CA 64,38364.4k $2.5m $2.5m 1.39% Reduced -3.7k -3,746
31 Empowered Funds, LLC 0.03% of their portfolio NEWTOWN SQUARE, PA 62,97863.0k $2.4m $2.4m 0.03% New
32 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 59,58459.6k $2.3m $2.3m 0.00% Added +5.2k +5,156
33 Gainplan LLC 1.44% of their portfolio BLOOMFIELD HILLS, MI 57,50857.5k $2.2m $2.2m 1.44% Reduced -2.1k -2,063
34 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 56,18956.2k $2.2m $2.2m 0.00% Unchanged
35 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 55,86855.9k $2.1m $2.1m 0.01% Reduced -93.3k -93,302
36 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 50,79950.8k $1.9m $1.9m 0.00% Added +842 +842
37 Clearwater Capital Advisors, LLC 0.19% of their portfolio HOFFMAN ESTATES, IL 50,47550.5k $1.9m $1.9m 0.19% Reduced -13.3k -13,307
38 Family Firm, Inc. 0.39% of their portfolio BETHESDA, MD 45,16045.2k $1.7m $1.7m 0.39% Added +3.0k +2,987
39 Synergy Asset Management, LLC 0.20% of their portfolio VANCOUVER, WA 41,71641.7k $1.6m $1.6m 0.20% Reduced -61.1k -61,105
40 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 40,96141.0k $1.6m $1.6m 0.00% Reduced -1.3k -1,279
41 Beverly Hills Private Wealth, LLC 0.31% of their portfolio BEVERLY HILLS, CA 40,92840.9k $1.6m $1.6m 0.31% Reduced -6.9k -6,854
42 Williams & Novak, LLC 1.46% of their portfolio WESTLAKE VILLAGE, CA 38,88938.9k $1.5m $1.5m 1.46% Reduced -12.8k -12,761
43 FIG FINANCIAL ADVISORY SERVICES INC /ADV 1.01% of their portfolio OKLAHOMA CITY, OK 37,37437.4k $1.4m $1.4m 1.01% New
44 WBH ADVISORY INC 0.13% of their portfolio BALTIMORE, MD 35,57035.6k $1.4m $1.4m 0.13% Added +1.9k +1,894
45 Sequoia Financial Advisors, LLC 0.01% of their portfolio Akron, OH 34,76834.8k $1.3m $1.3m 0.01% New
46 LifeGoal Investments, LLC 1.29% of their portfolio SARATOGA SPRINGS, NY 31,12131.1k $1.2m $1.2m 1.29% Reduced -3.2k -3,199
47 3EDGE Asset Management, LP 0.08% of their portfolio Naples, FL 29,30029.3k $1.1m $1.1m 0.08% New
48 Comprehensive Wealth Management, LLC 0.72% of their portfolio LYNNWOOD, WA 26,94426.9k $1.0m $1.0m 0.72% Reduced -2.2k -2,159
49 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 25,78925.8k $989.3k $989.3k 0.01% Added +6.9k +6,870
50 Black Swift Group, LLC 0.20% of their portfolio BOULDER, CO 23,45023.4k $899.5k $899.5k 0.20% Reduced -3.9k -3,920
51 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 22,94022.9k $880.0k $880.0k 0.00% Unchanged
52 Comprehensive Money Management Services LLC 0.71% of their portfolio CORAL GABLES, FL 22,81422.8k $875.2k $875.2k 0.71% Reduced -300 -300
53 Turning Point Benefit Group, Inc. 0.73% of their portfolio FREDERICK, MD 22,55922.6k $783.2k $783.2k 0.73% Added +3.9k +3,915
54 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 22,19822.2k $851.5k $851.5k 0.02% Added +514 +514
55 MANCHESTER FINANCIAL INC 0.19% of their portfolio Westlake Village, CA 21,71521.7k $833.0k $833.0k 0.19% New
56 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 19,72719.7k $756.7k $756.7k 0.00% Reduced -4.7k -4,703
57 Financial Enhancement Group LLC 0.13% of their portfolio ANDERSON, IN 19,13919.1k $807.9k $807.9k 0.13% Reduced -1.1k -1,087
58 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 18,43718.4k $707.2k $707.2k 0.00% New
59 SouthState Bank Corp 0.03% of their portfolio Winter Haven, FL 17,50817.5k $671.6k $671.6k 0.03% Unchanged
60 PRUDENTIAL PLC 0.00% of their portfolio LONDON, X0 17,36017.4k $665.9k $665.9k 0.00% Reduced -31.0k -31,020
61 Almanack Investment Partners, LLC. 0.13% of their portfolio WAYNE, PA 16,57316.6k $635.7k $635.7k 0.13% Reduced -6.1k -6,061
62 Sandy Cove Advisors, LLC 0.25% of their portfolio Hingham, MA 16,50016.5k $632.9k $632.9k 0.25% Unchanged
63 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 16,20616.2k $621.7k $621.7k 0.00% Reduced -2.2k -2,174
64 Keystone Global Partners, LLC 0.43% of their portfolio DENVER, CO 16,16516.2k $620.1k $620.1k 0.43% First filing
65 Claro Advisors Inc. 0.08% of their portfolio BOSTON, MA 14,62314.6k $560.9k $560.9k 0.08% Added +807 +807
66 Freedom Investment Management, Inc. 0.04% of their portfolio SOUTH WINDSOR, CT 13,93813.9k $534.7k $534.7k 0.04% Reduced -2.2k -2,229
67 FOUNDERS FINANCIAL SECURITIES LLC 0.04% of their portfolio TOWSON, MD 12,49212.5k $514.5k $514.5k 0.04% Reduced -200 -200
68 NWAM LLC 0.04% of their portfolio MERCER ISLAND, WA 11,94911.9k $458.4k $458.4k 0.04% Added +412 +412
69 Aspect Partners, LLC 0.25% of their portfolio FAIRFAX, VA 11,31311.3k $434.0k $434.0k 0.25% Unchanged
70 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 11,29011.3k $433.1k $433.1k 0.00% Added +9.9k +9,940
71 Invst, LLC 0.06% of their portfolio INDIANAPOLIS, IN 11,02311.0k $422.8k $422.8k 0.06% Reduced -1.7k -1,682
72 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 10,80410.8k $414.4k $414.4k 0.00% Added +1.0k +1,030
73 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 10,65710.7k $406.0k $406.0k 0.00% Added +777 +777
74 DENALI ADVISORS LLC 0.05% of their portfolio SAN DIEGO, CA 10,52310.5k $403.7k $403.7k 0.05% New
75 Advisors Preferred, LLC 0.05% of their portfolio ROCKVILLE, MD 10,21310.2k $391.5k $391.5k 0.05% New
76 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 10,00710.0k $383.9k $383.9k 0.01% Reduced -617 -617
77 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 9,5009.5k $364.4k $364.4k 0.01% Reduced -17 -17
78 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 8,9979.0k $345.1k $345.1k 0.00% New
79 Regal Investment Advisors LLC 0.03% of their portfolio KENTWOOD, MI 8,9378.9k $342.8k $342.8k 0.03% Reduced -1.9k -1,919
80 AlphaStar Capital Management, LLC 0.03% of their portfolio CORNELIUS, NC 8,8788.9k $340.6k $340.6k 0.03% Reduced -4.9k -4,861
81 SMITH, MOORE & CO. 0.03% of their portfolio CLAYTON, MO 8,8368.8k $338.9k $338.9k 0.03% Unchanged
82 Magnus Financial Group LLC 0.03% of their portfolio NEW YORK, NY 8,3698.4k $321.0k $321.0k 0.03% Reduced -1.5k -1,491
83 Mariner, LLC 0.00% of their portfolio Overland Park, KS 7,7047.7k $295.5k $295.5k 0.00% Reduced -2.7k -2,685
84 Crestmont Private Wealth LLC 0.12% of their portfolio HOUSTON, TX 7,4357.4k $285.2k $285.2k 0.12% Unchanged
85 Berkeley Capital Partners, LLC 0.08% of their portfolio Milton, GA 7,3897.4k $283.4k $283.4k 0.08% Reduced -525 -525
86 Brookwood Investment Group LLC 0.05% of their portfolio PHOENIX, AZ 6,9436.9k $266.3k $266.3k 0.05% First filing
87 SILVERLAKE WEALTH MANAGEMENT LLC 0.10% of their portfolio WILLISTON, VT 6,9426.9k $266.3k $266.3k 0.10% Reduced -1.1k -1,148
88 Walkner Condon Financial Advisors LLC 0.05% of their portfolio MADISON, WI 6,8106.8k $261.2k $261.2k 0.05% New
89 WEALTHGARDEN F.S. LLC 0.25% of their portfolio EL SEGUNDO, CA 6,6806.7k $256.2k $256.2k 0.25% Reduced -1.1k -1,075
90 Focus Partners Advisor Solutions, LLC 0.00% of their portfolio SAINT LOUIS, MO 6,4286.4k $246.6k $246.6k 0.00% New
91 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 6,3766.4k $244.6k $244.6k 0.00% Reduced -4.9k -4,904
92 THOMPSON DAVIS & CO., INC. 0.19% of their portfolio RICHMOND, VA 6,3106.3k $242.1k $242.1k 0.19% New
93 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 6,3066.3k $241.9k $241.9k 0.00% New
94 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 6,0626.1k $232.5k $232.5k 0.01% New
95 Valued Retirements, Inc. 0.29% of their portfolio HOUSTON, TX 5,8005.8k $222.5k $222.5k 0.29% New
96 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 5,7715.8k $221.4k $221.4k 0.00% New
97 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 5,6255.6k $215.8k $215.8k 0.00% New
98 ROMAN BUTLER FULLERTON & CO 0.08% of their portfolio ST LOUIS, MO 4,8184.8k $204.0k $204.0k 0.08% New
99 COMERICA BANK 0.00% of their portfolio DALLAS, TX 4,7134.7k $180.8k $180.8k 0.00% Added +3.3k +3,275
100 GPS Wealth Strategies Group, LLC 0.02% of their portfolio CENTENNIAL, CO 4,0704.1k $156.1k $156.1k 0.02% New