VANECK MERK GOLD ETF OUNZ
GOLD SHS · ETP · CUSIP 921078101
- SectorFinancials
- IndustryCommodity Contracts Brokers & Dealers
- HeadquartersNew York, NY
- 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 ($187.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.62. Options: 4 managers hold calls ($995.6k notional), 2 hold puts ($293.3k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 113 |
| Q4 2022 | 116 |
| Q1 2023 | 122 |
| Q2 2023 | 127 |
| Q3 2023 | 127 |
| Q4 2023 | 130 |
| Q1 2024 | 121 |
| Q2 2024 | 137 |
| Q3 2024 | 148 |
| Q4 2024 | 162 |
| Q1 2025 | 186 |
| Q2 2025 | 207 |
| Q3 2025 | 221 |
| Q4 2025 | 256 |
| Q1 2026 | 291 |
| Q2 2026 | 269 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 70 | 40 |
| Q4 2024 | 72 | 40 |
| Q1 2025 | 100 | 49 |
| Q2 2025 | 102 | 63 |
| Q3 2025 | 120 | 61 |
| Q4 2025 | 112 | 95 |
| Q1 2026 | 155 | 92 |
| Q2 2026 | 121 | 122 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $867.7k | $0 | 0.00 |
| Q4 2025 | $659.5k | $1.2m | 1.79 |
| Q1 2026 | $1.4m | $337.9k | 0.25 |
| Q2 2026 | $995.6k | $293.3k | 0.29 |
Biggest buyers
| VAN ECK ASSOCIATES CORP | Added | +1.7m |
| Cambridge Investment Research Advisors, Inc. | Added | +580.8k |
| Modern Wealth Management, LLC | Added | +493.7k |
| SHUFRO ROSE & CO LLC | Added | +266.7k |
| Ameritas Advisory Services, LLC | Added | +235.7k |
| OSAIC HOLDINGS, INC. | Added | +200.0k |
| Faithward Advisors, LLC | New | +124.2k |
| MML INVESTORS SERVICES, LLC | Added | +112.9k |
| Morton Capital Management LLC/CA | Added | +86.1k |
| Ferguson Shapiro LLC | New | +78.8k |
Biggest sellers
| Virtu Financial LLC | Sold out | -259.4k |
| Quadrature Capital Ltd | Sold out | -99.8k |
| SFG Wealth Management, LLC. | Reduced | -96.8k |
| Independent Advisor Alliance | Sold out | -89.5k |
| LPL Financial LLC | Reduced | -71.4k |
| EVOKE WEALTH, LLC | Sold out | -69.1k |
| SBE LLC DBA CEDAR COVE WEALTH PARTNERS | Reduced | -65.9k |
| AE Wealth Management LLC | Reduced | -64.7k |
| Brookstone Capital Management | Reduced | -61.9k |
| Thrivent Financial for Lutherans | Sold out | -56.4k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $436.1k11.3k shares |
| CITADEL ADVISORS LLC | Added | $320.3k8.3k shares |
| IMC-Chicago, LLC | Reduced | $235.4k6.1k shares |
| GROUP ONE TRADING LLC | Reduced | $3.9k100 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $289.4k7.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.9k100 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 since 1 Apr 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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| VAN ECK ASSOCIATES CORP 0.13% of their portfolio | 5.5m $211.1m | Added +1.7m |
| Morton Capital Management LLC/CA 18.57% of their portfolio | 3.5m $135.8m | Added +86.1k |
| LPL Financial LLC 0.03% of their portfolio | 3.2m $122.3m | Reduced -71.4k |
| Pitcairn Wealth Advisors LLC 5.58% of their portfolio | 1.3m $50.9m | Reduced -17.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.3m $50.7m | Added +14.3k |
| Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio | 1.3m $49.7m | Added +580.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 1.1m $40.6m | Added +13.9k |
| Modern Wealth Management, LLC 0.48% of their portfolio | 1.0m $40.0m | Added +493.7k |
| Cetera Investment Advisers 0.04% of their portfolio | 1.0m $38.9m | Added +30.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 814.2k $31.4m | Added +12.1k |
| Asset One Wealth Management LLC 3.24% of their portfolio | 786.0k $30.7m | Added +22.9k |
| SHUFRO ROSE & CO LLC 1.38% of their portfolio | 619.8k $23.9m | Added +266.7k |
| Drake & Associates, LLC 3.59% of their portfolio | 552.9k $21.3m | Added +42.7k |
| Ameritas Advisory Services, LLC 0.38% of their portfolio | 486.7k $18.8m | Added +235.7k |
| MML INVESTORS SERVICES, LLC 0.04% of their portfolio | 468.7k $18.1m | Added +112.9k |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 446.2k $17.2m | Added +200.0k |
| Kiker Wealth Management, LLC 6.36% of their portfolio | 422.7k $16.3m | Reduced -14.8k |
| AE Wealth Management LLC 0.07% of their portfolio | 381.4k $14.7m | Reduced -64.7k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio | 380.5k $15.0m | Added +34.7k |
| Euro Pacific Asset Management, LLC 1.65% of their portfolio | 376.5k $14.6m | Reduced -10.1k |
| HighTower Advisors, LLC 0.01% of their portfolio | 364.8k $14.1m | Reduced -9.8k |
| SILVER OAK SECURITIES, INCORPORATED 0.78% of their portfolio | 334.7k $12.9m | Added +11.7k |
| Security National Bank 1.48% of their portfolio | 322.0k $12.4m | Added +38.9k |
| Solstein Capital, LLC 3.70% of their portfolio | 280.2k $10.8m | Added +20.3k |
| Accordant Advisory Group Inc 7.10% of their portfolio | 272.8k $10.5m | Reduced -426 |
| Pekin Hardy Strauss, Inc. 0.91% of their portfolio | 267.1k $10.3m | Reduced -637 |
| Dogwood Wealth Management LLC 3.96% of their portfolio | 260.0k $10.0m | Added +29.9k |
| Advisory Services Network, LLC 0.11% of their portfolio | 247.4k $9.5m | Added +41.7k |
| Smart Money Group LLC 2.44% of their portfolio | 245.9k $9.5m | Added +7.0k |
| Sanctuary Advisors, LLC 0.04% of their portfolio | 245.5k $9.5m | Reduced -6.8k |
| MONEY CONCEPTS CAPITAL CORP 0.42% of their portfolio | 235.0k $9.1m | Added +3.3k |
| FAS Wealth Partners, Inc. 0.42% of their portfolio | 210.1k $8.1m | Added +7.7k |
| Perennial Investment Advisors, LLC 0.49% of their portfolio | 188.4k $7.3m | Added +5.8k |
| Samalin Investment Counsel, LLC 2.18% of their portfolio | 176.3k $6.8m | Reduced -573 |
| Three Cord True Wealth Management, LLC 3.20% of their portfolio | 174.4k $6.7m | Added +11.2k |
| PDS Planning, Inc 0.37% of their portfolio | 167.8k $6.5m | Unchanged |
| Lifeworks Advisors, LLC 0.67% of their portfolio | 165.1k $6.4m | Reduced -1.1k |
| Forum Financial Management, LP 0.08% of their portfolio | 160.1k $6.2m | Unchanged |
| Farther Finance Advisors, LLC 0.05% of their portfolio | 159.3k $6.1m | Reduced -31 |
| SFG Wealth Management, LLC. 2.16% of their portfolio | 155.9k $6.0m | Reduced -96.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 150.9k $5.8m | Added +51.2k |
| PETRA FINANCIAL ADVISORS INC 2.66% of their portfolio | 148.5k $5.7m | Added +10.1k |
| Capital Wealth Alliance, LLC 2.63% of their portfolio | 146.7k $5.7m | Unchanged |
| MH & ASSOCIATES SECURITIES MANAGEMENT CORP /ADV 4.79% of their portfolio | 138.4k $5.3m | Added +7.1k |
| OPPENHEIMER & CO INC 0.06% of their portfolio | 137.1k $5.3m | Reduced -3.1k |
| Guild Investment Management, Inc. 3.36% of their portfolio | 127.4k $4.9m | Added +4.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio | 125.6k $4.8m | Reduced -8.9k |
| Faithward Advisors, LLC 0.59% of their portfolio | 124.2k $4.8m | New |
| CENTAURUS FINANCIAL, INC. 0.17% of their portfolio | 115.4k $4.5m | Added +334 |
| SHEETS SMITH WEALTH MANAGEMENT 0.43% of their portfolio | 112.2k $4.3m | Added +34.0k |
| Gladstone Institutional Advisory LLC 0.14% of their portfolio | 111.9k $4.3m | Added +2.7k |
| Plan Group Financial, LLC 0.84% of their portfolio | 105.3k $4.1m | Reduced -5.5k |
| Atria Investments, Inc 0.04% of their portfolio | 96.6k $3.7m | Added +11.3k |
| Simplicity Wealth,LLC 0.12% of their portfolio | 95.9k $3.7m | Reduced -255 |
| Bucket List Wealth Management, LLC 1.79% of their portfolio | 94.3k $3.6m | Added +8.0k |
| Stratos Wealth Partners, LTD. 0.04% of their portfolio | 94.0k $3.6m | Reduced -1.1k |
| Ferguson Shapiro LLC 0.90% of their portfolio | 78.8k $3.0m | New |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 77.6k $3.0m | Reduced -17.1k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 75.6k $2.9m | Added +23.3k |
| Meixler Investment Management, Ltd. 1.57% of their portfolio | 73.7k $2.8m | Added +1.3k |
| Equitable Holdings, Inc. 0.02% of their portfolio | 72.9k $2.8m | Reduced -26.4k |
| Ascent Advisors, LLC 3.15% of their portfolio | 70.4k $2.7m | New |
| Accurate Wealth Management, LLC 0.26% of their portfolio | 69.4k $2.7m | Added +11.4k |
| RDA Financial Network 0.58% of their portfolio | 68.4k $2.6m | Added +4.9k |
| Banco BTG Pactual S.A. 0.34% of their portfolio | 65.8k $2.5m | Added +38.0k |
| UMB Bank, n.a. 0.03% of their portfolio | 64.5k $2.5m | Unchanged |
| EP Wealth Advisors, LLC 0.01% of their portfolio | 63.6k $2.5m | Unchanged |
| Creative Planning 0.00% of their portfolio | 63.3k $2.4m | Reduced -267 |
| USAdvisors Wealth Management, LLC 0.70% of their portfolio | 62.8k $2.4m | Reduced -3.0k |
| Golden State Wealth Management, LLC 0.22% of their portfolio | 62.4k $2.4m | Added +10.5k |
| Procyon Advisors, LLC 0.10% of their portfolio | 59.7k $2.3m | Reduced -20 |
| LYELL WEALTH MANAGEMENT, LP 0.14% of their portfolio | 59.3k $2.3m | Reduced -24.0k |
| Summit Financial, LLC 0.02% of their portfolio | 57.1k $2.2m | Reduced -12.3k |
| Foundations Investment Advisors, LLC 0.02% of their portfolio | 55.9k $2.2m | Added +6.5k |
| Terra Nova Asset Management LLC 1.32% of their portfolio | 55.7k $2.1m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 54.9k $2.1m | Added +3.5k |
| Main Street Financial Solutions, LLC 0.13% of their portfolio | 53.9k $2.1m | Added +1.4k |
| Tower Wealth Partners, Inc. 1.01% of their portfolio | 52.9k $2.0m | Added +4.4k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 52.7k $2.0m | Unchanged |
| Sigma Planning Corp 0.05% of their portfolio | 51.8k $2.0m | Reduced -6.0k |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.15% of their portfolio | 51.5k $2.2m | Added +33.2k |
| MAI Capital Management 0.01% of their portfolio | 50.8k $2.0m | Added +46.8k |
| MPWM ADVISORY SOLUTIONS, LLC 0.89% of their portfolio | 50.2k $1.9m | Added +21.8k |
| Valmark Advisers, Inc. 0.02% of their portfolio | 49.8k $1.9m | Reduced -2.6k |
| Castleview Partners, LLC 0.83% of their portfolio | 49.2k $1.9m | Added +9.9k |
| MATAURO, LLC 0.25% of their portfolio | 48.2k $1.9m | Added +37.1k |
| Keating Financial Advisory Services, Inc. 0.24% of their portfolio | 47.8k $1.8m | Added +12.1k |
| Waterloo Capital, L.P. 0.10% of their portfolio | 46.7k $1.8m | Added +17.6k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 45.5k $1.8m | Reduced -20.9k |
| Blue Line Capital, LLC / IL 1.51% of their portfolio | 45.1k $1.7m | Added +1.8k |
| Brookstone Capital Management 0.02% of their portfolio | 44.7k $1.7m | Reduced -61.9k |
| SPROTT INC. 0.06% of their portfolio | 44.0k $1.7m | Reduced -610 |
| Continuum Advisory, LLC 0.14% of their portfolio | 43.4k $1.7m | Added +15.9k |
| Arax Advisory Partners 0.01% of their portfolio | 43.3k $1.7m | Added +12.1k |
| HBW ADVISORY SERVICES LLC 0.15% of their portfolio | 43.1k $1.7m | Added +1.7k |
| HB Wealth Management, LLC 0.01% of their portfolio | 42.3k $1.6m | Unchanged |
| Washington Trust Advisors, Inc. 0.12% of their portfolio | 41.1k $1.6m | Unchanged |
| Global Assets Advisory, LLC 0.33% of their portfolio | 39.0k $1.5m | New |
| Clear Harbor Asset Management, LLC 0.09% of their portfolio | 38.7k $1.5m | Added +4.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 37.1k $1.4m | Reduced -2.1k |