Vault-13

VANECK MERK GOLD ETF OUNZ

GOLD SHS · ETP · CUSIP 921078101

130 institutional holders +3 vs Q3 2023
18,070,49118.1m shares reported held*
$360.5mreported value*
11 new 25 added 41 reduced 13 sold out net sold ≈ $23.3m (-1.2m 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 ≈ $19.95. Options: 3 managers hold calls ($392.2k notional), 3 hold puts ($445.1k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 113Q4 22: 116Q1 23: 122Q2 23: 127Q3 23: 127Q4 23: 130130Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022113
Q4 2022116
Q1 2023122
Q2 2023127
Q3 2023127
Q4 2023130

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 49 bought or addedQ4 22: 46 cut or sold outQ4 22Q1 23: 52 bought or addedQ1 23: 31 cut or sold outQ1 23Q2 23: 54 bought or addedQ2 23: 44 cut or sold outQ2 23Q3 23: 58 bought or addedQ3 23: 42 cut or sold outQ3 23Q4 23: 36 bought or addedQ4 23: 54 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224946
Q1 20235231
Q2 20235444
Q3 20235842
Q4 20233654

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ1 23 calls: $835.6kQ1 23 puts: $36.3kQ1 23P/C 0.04Q2 23 calls: $133.9kQ2 23 puts: $152.5kQ2 23P/C 1.14Q3 23 calls: $538.5kQ3 23 puts: $25.0kQ3 23P/C 0.05Q4 23 calls: $392.2kQ4 23 puts: $445.1kQ4 23P/C 1.13
Numbers
QuarterCallsPutsP/C
Q1 2023$835.6k$36.3k0.04
Q2 2023$133.9k$152.5k1.14
Q3 2023$538.5k$25.0k0.05
Q4 2023$392.2k$445.1k1.13

Biggest buyers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +297,197+297.2k
NewEdge Advisors, LLC New +255,131+255.1k
Solstein Capital, LLC New +164,153+164.2k
RENAISSANCE TECHNOLOGIES LLC New +152,000+152.0k
SILVER OAK SECURITIES, INCORPORATED Added +122,003+122.0k
Morton Capital Management LLC/CA Added +54,645+54.6k
EP Wealth Advisors, LLC Added +42,000+42.0k
MORGAN STANLEY Added +32,735+32.7k
Cetera Advisor Networks LLC Added +31,612+31.6k
B. Riley Wealth Advisors, Inc. New +26,934+26.9k

Biggest sellers

JANE STREET GROUP, LLC Sold out -908,996-909.0k
BANK OF MONTREAL /CAN/ Sold out -294,775-294.8k
FLOW TRADERS U.S. LLC Sold out -205,271-205.3k
OSAIC HOLDINGS, INC. Reduced -155,072-155.1k
WORLD EQUITY GROUP, INC. Sold out -115,953-116.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -112,258-112.3k
Ameritas Advisory Services, LLC Reduced -104,358-104.4k
LPL Financial LLC Reduced -81,831-81.8k
AE Wealth Management LLC Reduced -64,423-64.4k
HRT FINANCIAL LP Sold out -56,909-56.9k

Biggest calls

CITADEL ADVISORS LLC Reduced $391.2k19.6k shares
Cutler Group LLC / CA Unchanged $1.0k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $445.1k22.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA New $0100 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 Q4 2023

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 2023.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Morton Capital Management LLC/CA 26.31% of their portfolio CALABASAS, CA 4,437,1174.4m $88.6m $88.6m 26.31% Added +54.6k +54,645
2 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,497,9011.5m $29.9m $29.9m 0.02% Reduced -81.8k -81,831
3 PITCAIRN CO 1.81% of their portfolio CONSHOHOCKEN, PA 1,227,0331.2m $24.5m $24.5m 1.81% Reduced -34.7k -34,719
4 VAN ECK ASSOCIATES CORP 0.03% of their portfolio NEW YORK, NY 914,963915.0k $18.3m $18.3m 0.03% Reduced -12.9k -12,946
5 Cetera Advisor Networks LLC 0.08% of their portfolio EL SEGUNDO, CA 685,992686.0k $13.7m $13.7m 0.08% Added +31.6k +31,612
6 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 505,130505.1k $10.1m $10.1m 0.00% Reduced -10.5k -10,496
7 Pekin Hardy Strauss, Inc. 1.30% of their portfolio CHICAGO, IL 434,142434.1k $8.7m $8.7m 1.30% Reduced -19.1k -19,150
8 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 407,798407.8k $8.1m $8.1m 0.00% Reduced -112.3k -112,258
9 Starfox Financial Services, LLC 7.45% of their portfolio THE WOODLANDS, TX 403,729403.7k $8.1m $8.1m 7.45% Added +26.5k +26,485
10 Modern Wealth Management, LLC 0.95% of their portfolio KANSAS CITY, MO 376,640376.6k $7.5m $7.5m 0.95% First filing
11 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 362,575362.6k $7.2m $7.2m 0.01% Reduced -652 -652
12 Euro Pacific Asset Management, LLC 1.49% of their portfolio DORADO, PR 346,772346.8k $7.0m $7.0m 1.49% Reduced -11.1k -11,101
13 Lifeworks Advisors, LLC 2.31% of their portfolio GRAND RAPIDS, MI 335,107335.1k $6.7m $6.7m 2.31% Reduced -5.0k -4,965
14 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 297,197297.2k $5.9m $5.9m 0.02% New
15 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 296,884296.9k $5.9m $5.9m 0.01% Added +10.3k +10,332
16 MONEY CONCEPTS CAPITAL CORP 0.47% of their portfolio PALM BEACH GARDENS, FL 255,454255.5k $5.1m $5.1m 0.47% Added +6.1k +6,086
17 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 255,131255.1k $5.0m $5.0m 0.05% New
18 IHT Wealth Management, LLC 0.23% of their portfolio Chicago, IL 253,840253.8k $5.1m $5.1m 0.23% Added +19.0k +18,992
19 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 253,732253.7k $5.1m $5.1m 0.02% Reduced -43.5k -43,511
20 SILVER OAK SECURITIES, INCORPORATED 0.66% of their portfolio JACKSON, TN 247,944247.9k $4.9m $4.9m 0.66% Added +122.0k +122,003
21 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 226,063226.1k $4.5m $4.5m 0.01% Added +9.0k +9,008
22 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 191,200191.2k $3.8m $3.8m 0.00% Reduced -22.9k -22,923
23 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 169,667169.7k $3.4m $3.4m 0.01% Reduced -155.1k -155,072
24 PDS Planning, Inc 0.38% of their portfolio DUBLIN, OH 167,778167.8k $3.3m $3.3m 0.38% Unchanged
25 Solstein Capital, LLC 2.42% of their portfolio Menlo Park, CA 164,153164.2k $3.3m $3.3m 2.42% New
26 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 160,607160.6k $3.2m $3.2m 0.01% Reduced -14.1k -14,061
27 Forum Financial Management, LP 0.06% of their portfolio LOMBARD, IL 160,123160.1k $3.2m $3.2m 0.06% Unchanged
28 Samalin Investment Counsel, LLC 1.54% of their portfolio CHAPPAQUA, NY 152,556152.6k $3.0m $3.0m 1.54% Reduced -38.1k -38,063
29 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 152,000152.0k $3.0m $3.0m 0.00% New
30 Capital Wealth Alliance, LLC 2.02% of their portfolio Scottsdale, AZ 147,516147.5k $2.9m $2.9m 2.02% Added +361 +361
31 Dogwood Wealth Management LLC 2.26% of their portfolio LENEXA, KS 144,692144.7k $2.9m $2.9m 2.26% First filing
32 ProVise Management Group, LLC 0.22% of their portfolio CLEARWATER, FL 128,639128.6k $2.6m $2.6m 0.22% Added +2.3k +2,306
33 Granite Bay Wealth Management, LLC 0.02% of their portfolio PORTSMOUTH, NH 124,976125.0k $2.4m $2.4m 0.02% Added +2.0k +2,000
34 Smart Money Group LLC 0.92% of their portfolio EASTLAND, TX 105,411105.4k $2.1m $2.1m 0.92% Added +1.2k +1,220
35 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 92,01292.0k $1.8m $1.8m 0.03% Added +406 +406
36 SFG Wealth Management, LLC. 1.17% of their portfolio TOWSON, MD 87,96888.0k $1.8m $1.8m 1.17% Reduced -3.9k -3,919
37 UMB Bank, n.a. 0.02% of their portfolio Kansas City, MO 69,96970.0k $1.4m $1.4m 0.02% Unchanged
38 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 68,76468.8k $1.4m $1.4m 0.03% Reduced -13.8k -13,766
39 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 62,51462.5k $1.2m $1.2m 0.00% Added +32.7k +32,735
40 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 62,30062.3k $1.2m $1.2m 0.02% Added +42.0k +42,000
41 ICA Group Wealth Management, LLC 0.28% of their portfolio DENVER, CO 61,99262.0k $1.2m $1.2m 0.28% Added +14.6k +14,602
42 COMERICA BANK 0.01% of their portfolio DALLAS, TX 60,91660.9k $1.2m $1.2m 0.01% Unchanged
43 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 56,50956.5k $1.1m $1.1m 0.00% Reduced -551 -551
44 Terra Nova Asset Management LLC 0.97% of their portfolio NEW YORK, NY 55,69555.7k $1.1m $1.1m 0.97% Unchanged
45 Clear Harbor Asset Management, LLC 0.10% of their portfolio Stamford, CT 53,83553.8k $1.1m $1.1m 0.10% Unchanged
46 Tower Wealth Partners, Inc. 0.75% of their portfolio LEWISBURG, PA 53,50953.5k $1.1m $1.1m 0.75% Reduced -2.3k -2,298
47 Crawford Fund Management, LLC 0.89% of their portfolio BOSTON, MA 52,90052.9k $1.1m $1.1m 0.89% First filing
48 WESPAC Advisors, LLC 0.73% of their portfolio ORINDA, CA 52,73752.7k $1.1m $1.1m 0.73% Unchanged
49 MATHER GROUP, LLC. 0.02% of their portfolio CHICAGO, IL 49,98250.0k $997.6k $997.6k 0.02% Reduced -8.1k -8,114
50 WEALTHSOURCE PARTNERS, LLC 0.06% of their portfolio SAN LUIS OBISPO, CA 49,79749.8k $993.9k $993.9k 0.06% Reduced -71 -71
51 Walkner Condon Financial Advisors LLC 0.20% of their portfolio MADISON, WI 43,27643.3k $863.9k $863.9k 0.20% Reduced -804 -804
52 Baker Ellis Asset Management LLC 0.13% of their portfolio Vancouver, WA 42,00042.0k $838.3k $838.3k 0.13% Unchanged
53 LINCOLN NATIONAL CORP 0.01% of their portfolio RADNOR, PA 38,55538.6k $769.6k $769.6k 0.01% Added +17.4k +17,425
54 KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.21% of their portfolio NEWPORT BEACH, CA 36,70436.7k $732.6k $732.6k 0.21% Reduced -3.3k -3,277
55 Integrated Advisors Network LLC 0.04% of their portfolio DALLAS, TX 35,40635.4k $706.7k $706.7k 0.04% Unchanged
56 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 34,43534.4k $687.3k $687.3k 0.00% Added +238 +238
57 Security National Bank 0.15% of their portfolio OMAHA, NE 33,31833.3k $665.0k $665.0k 0.15% Added +18.7k +18,678
58 Cetera Advisors LLC 0.01% of their portfolio DENVER, CO 32,82432.8k $655.2k $655.2k 0.01% Reduced -254 -254
59 Cadence Bank 0.05% of their portfolio Tupelo, MS 30,20130.2k $602.8k $602.8k 0.05% Unchanged
60 Private Portfolio Partners LLC 0.13% of their portfolio PARAMUS, NJ 28,99029.0k $578.6k $578.6k 0.13% Added +2.0k +2,026
61 LYELL WEALTH MANAGEMENT, LP 0.07% of their portfolio MENLO PARK, CA 28,89528.9k $576.7k $576.7k 0.07% Unchanged
62 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 26,93426.9k $537.6k $537.6k 0.01% New
63 Mayflower Financial Advisors, LLC 0.07% of their portfolio BOSTON, MA 25,52025.5k $509.4k $509.4k 0.07% Added +600 +600
64 Ameritas Advisory Services, LLC 0.03% of their portfolio Lincoln, NE 24,54024.5k $480.8k $480.8k 0.03% Reduced -104.4k -104,358
65 SHUFRO ROSE & CO LLC 0.04% of their portfolio NEW YORK, NY 23,29123.3k $416.7k $416.7k 0.04% Reduced -348 -348
66 Sloy Dahl & Holst, LLC 0.09% of their portfolio Vancouver, WA 23,09023.1k $460.9k $460.9k 0.09% Added +760 +760
67 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 22,72122.7k $443.7k $443.7k 0.00% Reduced -64.4k -64,423
68 WHITE PINE CAPITAL LLC 0.17% of their portfolio BLOOMINGTON, MN 21,97722.0k $438.7k $438.7k 0.17% Reduced -250 -250
69 Mariner, LLC 0.00% of their portfolio Overland Park, KS 21,88721.9k $436.9k $436.9k 0.00% Unchanged
70 JAMES INVESTMENT RESEARCH, INC. 0.05% of their portfolio ALPHA, OH 20,58020.6k $410.8k $410.8k 0.05% New
71 Guild Investment Management, Inc. 0.63% of their portfolio WESTLAKE VILLAGE, CA 20,00020.0k $399.2k $399.2k 0.63% Unchanged
72 Baltimore-Washington Financial Advisors, Inc. 0.03% of their portfolio Columbia, MD 19,70819.7k $393.4k $393.4k 0.03% Unchanged
73 SPROTT INC. 0.04% of their portfolio TORONTO, A6 19,48819.5k $389.0k $389.0k 0.04% Unchanged
74 WHITTIER TRUST CO 0.01% of their portfolio SOUTH PASADENA, CA 19,03519.0k $379.7k $379.7k 0.01% Unchanged
75 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 17,63117.6k $351.9k $351.9k 0.03% Reduced -36.8k -36,844
76 WMS Partners, LLC 0.03% of their portfolio TOWSON, MD 17,31617.3k $345.6k $345.6k 0.03% Added +2.7k +2,671
77 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 16,43616.4k $328.1k $328.1k 0.00% Unchanged
78 Merk Investments LLC 0.34% of their portfolio PALO ALTO, CA 16,02016.0k $319.8k $319.8k 0.34% Reduced -6.3k -6,349
79 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 15,76515.8k $314.7k $314.7k 0.00% Reduced -2.5k -2,523
80 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 15,62115.6k $311.8k $311.8k 0.01% New
81 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 15,22515.2k $304.0k $304.0k 0.00% Reduced -355 -355
82 Proficio Capital Partners LLC 0.04% of their portfolio NEWTON, MA 14,60014.6k $291.4k $291.4k 0.04% Unchanged
83 SMITH, MOORE & CO. 0.03% of their portfolio CLAYTON, MO 13,90513.9k $277.5k $277.5k 0.03% Unchanged
84 Ritter Daniher Financial Advisory LLC / DE 0.10% of their portfolio CINCINNATI, OH 13,63513.6k $272.2k $272.2k 0.10% Unchanged
85 Wick Capital Partners, LLC 0.11% of their portfolio WAYNE, PA 13,41113.4k $267.7k $267.7k 0.11% Unchanged
86 Spectrum Planning & Advisory Services Inc. 0.36% of their portfolio SAN DIEGO, CA 12,90112.9k $257.5k $257.5k 0.36% Unchanged
87 THOMPSON DAVIS & CO., INC. 0.20% of their portfolio RICHMOND, VA 11,81511.8k $235.8k $235.8k 0.20% Unchanged
88 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 11,75411.8k $234.6k $234.6k 0.00% Reduced -203 -203
89 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 11,40011.4k $227.5k $227.5k 0.00% Unchanged
90 Whitaker-Myers Wealth Managers, LTD. 0.11% of their portfolio Mansfield, OH 11,14911.1k $222.5k $222.5k 0.11% Unchanged
91 Destiny Capital Corp/CO 0.15% of their portfolio DENVER, CO 11,06011.1k $220.8k $220.8k 0.15% First filing
92 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 10,75410.8k $214.7k $214.7k 0.00% Unchanged
93 EverSource Wealth Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 10,68910.7k $213.4k $213.4k 0.02% Unchanged
94 Snider Financial Group 0.10% of their portfolio BELLEVUE, WA 10,53210.5k $210.2k $210.2k 0.10% Unchanged
95 Cape Investment Advisory, Inc. 0.10% of their portfolio MCDONOUGH, GA 10,52910.5k $210.2k $210.2k 0.10% Reduced -1.6k -1,574
96 LANARK FINANCIAL, INC. 0.02% of their portfolio BIRMINGHAM, AL 10,41610.4k $207.0k $207.0k 0.02% Reduced -175 -175
97 Perennial Investment Advisors, LLC 0.03% of their portfolio Los Angeles, CA 10,27510.3k $205.1k $205.1k 0.03% Unchanged
98 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 10,23310.2k $199.1k $199.1k 0.01% Unchanged
99 CWM, LLC 0.00% of their portfolio OMAHA, NE 10,15610.2k $203.0k $203.0k 0.00% Unchanged
100 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 10,00010.0k $199.6k $199.6k 0.01% First filing