Vault-13

VANECK MERK GOLD ETF OUNZ

GOLD SHS · ETP · CUSIP 921078101

186 institutional holders +24 vs Q4 2024
24,603,82224.6m shares reported held*
$739.3mreported value*
38 new 62 added 37 reduced 12 sold out net bought ≈ $35.7m (+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 ($4.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.05. Options: 2 managers hold calls ($2.1m notional), 3 hold puts ($189.9k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 113Q4 22: 116Q1 23: 122Q2 23: 127Q3 23: 127Q4 23: 130Q1 24: 121Q2 24: 137Q3 24: 148Q4 24: 162Q1 25: 186186Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022113
Q4 2022116
Q1 2023122
Q2 2023127
Q3 2023127
Q4 2023130
Q1 2024121
Q2 2024137
Q3 2024148
Q4 2024162
Q1 2025186

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 54 bought or addedQ2 23: 44 cut or sold outQ3 23: 58 bought or addedQ3 23: 42 cut or sold outQ3 23Q4 23: 36 bought or addedQ4 23: 54 cut or sold outQ1 24: 52 bought or addedQ1 24: 46 cut or sold outQ1 24Q2 24: 66 bought or addedQ2 24: 44 cut or sold outQ3 24: 70 bought or addedQ3 24: 40 cut or sold outQ3 24Q4 24: 72 bought or addedQ4 24: 40 cut or sold outQ1 25: 100 bought or addedQ1 25: 49 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20235444
Q3 20235842
Q4 20233654
Q1 20245246
Q2 20246644
Q3 20247040
Q4 20247240
Q1 202510049

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 24 calls: $161.7kQ2 24 puts: $229.1kQ2 24P/C 1.42Q3 24 calls: $914.0kQ3 24 puts: $591.6kQ3 24P/C 0.65Q4 24 calls: $465.5kQ4 24 puts: $136.6kQ4 24P/C 0.29Q1 25 calls: $2.1mQ1 25 puts: $189.9kQ1 25P/C 0.09
Numbers
QuarterCallsPutsP/C
Q2 2024$161.7k$229.1k1.42
Q3 2024$914.0k$591.6k0.65
Q4 2024$465.5k$136.6k0.29
Q1 2025$2.1m$189.9k0.09

Biggest buyers

LPL Financial LLC Added +886,741+886.7k
RENAISSANCE TECHNOLOGIES LLC Added +321,000+321.0k
Huntleigh Advisors, Inc. New +200,000+200.0k
OSAIC HOLDINGS, INC. Added +172,390+172.4k
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Added +98,728+98.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +89,530+89.5k
Plan Group Financial, LLC New +83,500+83.5k
JPMORGAN CHASE & CO Added +65,138+65.1k
AMERIPRISE FINANCIAL INC Added +64,105+64.1k
Meixler Investment Management, Ltd. New +54,757+54.8k

Biggest sellers

New Harbor Financial Group, LLC Sold out -459,645-459.6k
FIDUCIARY FAMILY OFFICE, LLC Sold out -459,645-459.6k
JANE STREET GROUP, LLC Sold out -201,440-201.4k
Morton Capital Management LLC/CA Reduced -103,478-103.5k
Independent Advisor Alliance Sold out -68,809-68.8k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -43,515-43.5k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -42,074-42.1k
CITADEL ADVISORS LLC Reduced -37,010-37.0k
Ameritas Advisory Services, LLC Reduced -32,664-32.7k
FLOW TRADERS U.S. LLC Sold out -25,032-25.0k

Biggest calls

CITADEL ADVISORS LLC Added $2.1m69.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

BANK OF AMERICA CORP /DE/ New $150.7k5.0k shares
CITADEL ADVISORS LLC Reduced $39.2k1.3k 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.

Insider purchases and sales in Q1 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 Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Morton Capital Management LLC/CA 24.24% of their portfolio CALABASAS, CA 4,163,6964.2m $125.5m $125.5m 24.24% Reduced -103.5k -103,478
2 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 2,655,7472.7m $80.0m $80.0m 0.03% Added +886.7k +886,741
3 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 1,656,0641.7m $49.9m $49.9m 0.10% Added +47.6k +47,576
4 PITCAIRN CO 2.83% of their portfolio CONSHOHOCKEN, PA 1,557,4451.6m $46.9m $46.9m 2.83% Added +14.9k +14,886
5 VAN ECK ASSOCIATES CORP 0.03% of their portfolio NEW YORK, NY 883,682883.7k $26.6m $26.6m 0.03% Added +13.0k +12,988
6 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 821,991822.0k $24.8m $24.8m 0.01% Reduced -8.3k -8,282
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 713,610713.6k $21.5m $21.5m 0.04% Reduced -42.1k -42,074
8 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 680,527680.5k $20.5m $20.5m 0.01% Added +64.1k +64,105
9 Modern Wealth Management, LLC 0.61% of their portfolio KANSAS CITY, MO 629,455629.5k $19.0m $19.0m 0.61% Added +1.2k +1,154
10 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 571,970572.0k $17.2m $17.2m 0.01% Added +2.3k +2,321
11 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 512,900512.9k $15.5m $15.5m 0.02% Added +321.0k +321,000
12 Euro Pacific Asset Management, LLC 2.48% of their portfolio DORADO, PR 451,274451.3k $13.7m $13.7m 2.48% Added +4.4k +4,409
13 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 423,098423.1k $12.8m $12.8m 0.03% Added +172.4k +172,390
14 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 388,274388.3k $11.7m $11.7m 0.04% Added +4.7k +4,732
15 SILVER OAK SECURITIES, INCORPORATED 1.08% of their portfolio JACKSON, TN 386,559386.6k $11.5m $11.5m 1.08% Added +10.0k +9,952
16 Kiker Wealth Management, LLC 7.79% of their portfolio JASPER, GA 378,930378.9k $11.4m $11.4m 7.79% Added +6.6k +6,563
17 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 363,803363.8k $11.0m $11.0m 0.01% Added +13.1k +13,072
18 Pekin Hardy Strauss, Inc. 1.26% of their portfolio CHICAGO, IL 343,860343.9k $10.4m $10.4m 1.26% Reduced -8.4k -8,365
19 Accordant Advisory Group Inc 8.13% of their portfolio ANNAPOLIS, MD 275,798275.8k $8.3m $8.3m 8.13% Added +50.1k +50,081
20 Lifeworks Advisors, LLC 1.30% of their portfolio GRAND RAPIDS, MI 259,477259.5k $7.8m $7.8m 1.30% Reduced -479 -479
21 Ameritas Advisory Services, LLC 0.25% of their portfolio Lincoln, NE 246,239246.2k $6.3m $6.3m 0.25% Reduced -32.7k -32,664
22 MONEY CONCEPTS CAPITAL CORP 0.54% of their portfolio PALM BEACH GARDENS, FL 241,428241.4k $7.3m $7.3m 0.54% Reduced -992 -992
23 Solstein Capital, LLC 4.12% of their portfolio Menlo Park, CA 234,653234.7k $7.1m $7.1m 4.12% Added +2.0k +2,045
24 Smart Money Group LLC 2.12% of their portfolio EASTLAND, TX 207,324207.3k $6.2m $6.2m 2.12% Added +54.3k +54,308
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 203,774203.8k $6.1m $6.1m 0.00% Added +65.1k +65,138
26 Huntleigh Advisors, Inc. 0.85% of their portfolio ST. LOUIS, MO 200,000200.0k $5.1m $5.1m 0.85% New
27 Samalin Investment Counsel, LLC 2.39% of their portfolio CHAPPAQUA, NY 195,160195.2k $5.9m $5.9m 2.39% Reduced -1.2k -1,237
28 Dogwood Wealth Management LLC 3.06% of their portfolio LENEXA, KS 193,164193.2k $5.8m $5.8m 3.06% Reduced -6.3k -6,345
29 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 185,255185.3k $5.6m $5.6m 0.02% Added +5.7k +5,684
30 PDS Planning, Inc 0.43% of their portfolio DUBLIN, OH 167,778167.8k $5.1m $5.1m 0.43% Unchanged
31 Forum Financial Management, LP 0.08% of their portfolio LOMBARD, IL 160,123160.1k $4.8m $4.8m 0.08% Unchanged
32 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 153,234153.2k $4.6m $4.6m 0.03% Reduced -6.3k -6,280
33 Capital Wealth Alliance, LLC 2.67% of their portfolio Scottsdale, AZ 148,272148.3k $4.5m $4.5m 2.67% Reduced -982 -982
34 Advisory Services Network, LLC 0.08% of their portfolio ATLANTA, GA 142,635142.6k $4.3m $4.3m 0.08% Added +15.4k +15,438
35 Guild Investment Management, Inc. 4.48% of their portfolio WESTLAKE VILLAGE, CA 141,550141.6k $4.3m $4.3m 4.48% Added +20 +20
36 PETRA FINANCIAL ADVISORS INC 3.41% of their portfolio COLORADO SRPINGS, CO 137,952138.0k $4.2m $4.2m 3.41% Added +5.3k +5,288
37 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 131,793131.8k $4.0m $4.0m 0.01% Reduced -43.5k -43,515
38 OPPENHEIMER & CO INC 0.06% of their portfolio NEW YORK, NY 127,598127.6k $3.8m $3.8m 0.06% Added +7.7k +7,740
39 Faithward Advisors, LLC 0.56% of their portfolio LANCASTER, PA 107,417107.4k $3.2m $3.2m 0.56% Added +12.4k +12,393
40 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 104,462104.5k $3.1m $3.1m 0.00% Added +98.7k +98,728
41 SFG Wealth Management, LLC. 1.42% of their portfolio TOWSON, MD 96,76496.8k $2.9m $2.9m 1.42% Added +14.6k +14,634
42 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 89,53089.5k $2.7m $2.7m 0.00% New
43 Stratos Wealth Partners, LTD. 0.04% of their portfolio BEACHWOOD, OH 89,19689.2k $2.7m $2.7m 0.04% Reduced -3.6k -3,596
44 Gladstone Institutional Advisory LLC 0.12% of their portfolio Bedminster, NJ 88,84288.8k $2.7m $2.7m 0.12% Reduced -20.8k -20,774
45 Castleview Partners, LLC 1.73% of their portfolio DALLAS, TX 85,03485.0k $2.6m $2.6m 1.73% Added +4.9k +4,946
46 Plan Group Financial, LLC 0.90% of their portfolio OKLAHOMA CITY, OK 83,50083.5k $2.5m $2.5m 0.90% New
47 SHEETS SMITH WEALTH MANAGEMENT 0.29% of their portfolio WINSTON-SALEM, NC 76,14176.1k $2.3m $2.3m 0.29% Added +28.1k +28,100
48 IHT Wealth Management, LLC 0.07% of their portfolio Chicago, IL 71,41671.4k $2.2m $2.2m 0.07% Reduced -24.9k -24,852
49 Farther Finance Advisors, LLC 0.05% of their portfolio SAN FRANCISCO, CA 68,85968.9k $2.1m $2.1m 0.05% Added +2.3k +2,281
50 UMB Bank, n.a. 0.03% of their portfolio Kansas City, MO 64,53964.5k $1.9m $1.9m 0.03% Unchanged
51 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 62,59162.6k $1.9m $1.9m 0.02% Added +291 +291
52 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 61,03361.0k $1.8m $1.8m 0.00% Reduced -1.8k -1,844
53 LYELL WEALTH MANAGEMENT, LP 0.17% of their portfolio MENLO PARK, CA 59,79559.8k $1.8m $1.8m 0.17% Added +10.1k +10,130
54 Terra Nova Asset Management LLC 1.32% of their portfolio NEW YORK, NY 55,69555.7k $1.7m $1.7m 1.32% Unchanged
55 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 55,15355.2k $1.7m $1.7m 0.00% Added +17.1k +17,086
56 Meixler Investment Management, Ltd. 1.14% of their portfolio SHOW LOW, AZ 54,75754.8k $1.7m $1.7m 1.14% New
57 Sigma Planning Corp 0.05% of their portfolio ANN ARBOR, MI 54,13654.1k $1.6m $1.6m 0.05% Added +10.6k +10,632
58 Warwick Investment Management, Inc. 0.32% of their portfolio BRYAN, TX 50,86150.9k $1.5m $1.5m 0.32% Reduced -3.6k -3,575
59 Tower Wealth Partners, Inc. 0.82% of their portfolio LEWISBURG, PA 50,84550.8k $1.5m $1.5m 0.82% Added +57 +57
60 Security National Bank 0.29% of their portfolio OMAHA, NE 50,30950.3k $1.5m $1.5m 0.29% Unchanged
61 CreativeOne Wealth, LLC 0.04% of their portfolio OVERLAND PARK, KS 49,61649.6k $1.5m $1.5m 0.04% Added +38.0k +37,957
62 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 48,38548.4k $1.5m $1.5m 0.00% Added +3.5k +3,468
63 WESPAC Advisors, LLC 1.13% of their portfolio ORINDA, CA 46,07346.1k $1.4m $1.4m 1.13% Reduced -500 -500
64 Clear Harbor Asset Management, LLC 0.10% of their portfolio Stamford, CT 42,75042.8k $1.3m $1.3m 0.10% Unchanged
65 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 41,89341.9k $1.3m $1.3m 0.01% Reduced -436 -436
66 Walkner Condon Financial Advisors LLC 0.25% of their portfolio MADISON, WI 41,61541.6k $1.3m $1.3m 0.25% Added +7 +7
67 COMERICA BANK 0.01% of their portfolio DALLAS, TX 40,63940.6k $1.2m $1.2m 0.01% Added +1.1k +1,100
68 Crawford Fund Management, LLC 0.79% of their portfolio BOSTON, MA 39,90039.9k $1.2m $1.2m 0.79% Unchanged
69 HBW ADVISORY SERVICES LLC 0.17% of their portfolio SIMI VALLEY, CA 39,74039.7k $1.2m $1.2m 0.17% Added +20.7k +20,708
70 Sloy Dahl & Holst, LLC 0.20% of their portfolio Vancouver, WA 37,86037.9k $1.1m $1.1m 0.20% Added +7.6k +7,625
71 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 37,58737.6k $1.1m $1.1m 0.00% Unchanged
72 Valmark Advisers, Inc. 0.02% of their portfolio AKRON, OH 37,06637.1k $1.1m $1.1m 0.02% Added +17.4k +17,432
73 Baker Ellis Asset Management LLC 0.16% of their portfolio Vancouver, WA 37,00037.0k $1.1m $1.1m 0.16% Unchanged
74 CWC Advisors, LLC. 0.62% of their portfolio LAKE OSWEGO, OR 36,29436.3k $1.1m $1.1m 0.62% New
75 Mayflower Financial Advisors, LLC 0.16% of their portfolio BOSTON, MA 33,89033.9k $1.0m $1.0m 0.16% Added +335 +335
76 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 33,86933.9k $1.0m $1.0m 0.01% Reduced -9 -9
77 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 33,79833.8k $1.0m $1.0m 0.02% Added +1.7k +1,695
78 Integrated Advisors Network LLC 0.04% of their portfolio DALLAS, TX 29,45229.5k $887.7k $887.7k 0.04% Unchanged
79 Sequoia Financial Advisors, LLC 0.01% of their portfolio Akron, OH 28,13628.1k $848.0k $848.0k 0.01% Unchanged
80 KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.21% of their portfolio NEWPORT BEACH, CA 26,83826.8k $808.9k $808.9k 0.21% Added +1.9k +1,883
81 Robertson Stephens Wealth Management, LLC 0.03% of their portfolio San Francisco, CA 24,12524.1k $727.1k $727.1k 0.03% New
82 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 22,84622.8k $688.6k $688.6k 0.01% New
83 WHITE PINE CAPITAL LLC 0.23% of their portfolio BLOOMINGTON, MN 22,41122.4k $675.5k $675.5k 0.23% Reduced -1.3k -1,335
84 RDA Financial Network 0.20% of their portfolio AKRON, IA 21,98322.0k $662.6k $662.6k 0.20% Reduced -2.0k -2,033
85 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 21,67221.7k $653.2k $653.2k 0.00% New
86 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 20,95020.9k $631.4k $631.4k 0.01% New
87 SPROTT INC. 0.04% of their portfolio TORONTO, A6 19,92319.9k $600.5k $600.5k 0.04% Unchanged
88 Spectrum Planning & Advisory Services Inc. 0.49% of their portfolio SAN DIEGO, CA 19,42719.4k $585.5k $585.5k 0.49% Unchanged
89 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 19,29319.3k $581.5k $581.5k 0.00% Added +3.5k +3,508
90 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 18,55918.6k $559.4k $559.4k 0.00% New
91 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 18,30518.3k $551.7k $551.7k 0.00% Reduced -37.0k -37,010
92 Northstar Financial Companies, Inc. 0.53% of their portfolio CONSHOHOCKEN, PA 16,17116.2k $487.4k $487.4k 0.53% Reduced -662 -662
93 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 15,75915.8k $475.0k $475.0k 0.00% New
94 WHITTIER TRUST CO 0.01% of their portfolio SOUTH PASADENA, CA 15,53515.5k $468.1k $468.1k 0.01% Unchanged
95 Whitaker-Myers Wealth Managers, LTD. 0.13% of their portfolio Mansfield, OH 15,25015.2k $459.6k $459.6k 0.13% Added +54 +54
96 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 15,22515.2k $459.0k $459.0k 0.00% Unchanged
97 SHUFRO ROSE & CO LLC 0.04% of their portfolio NEW YORK, NY 15,08015.1k $454.5k $454.5k 0.04% Reduced -12.8k -12,756
98 Proficio Capital Partners LLC 0.03% of their portfolio NEWTON, MA 14,60014.6k $440.0k $440.0k 0.03% Unchanged
99 SMITH, MOORE & CO. 0.04% of their portfolio CLAYTON, MO 14,54714.5k $438.4k $438.4k 0.04% Added +592 +592
100 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 14,17614.2k $427.3k $427.3k 0.00% New