Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Goldman Sachs Physical Gold (AAAU)

243 + Investors. Track Smart Money conviction in AAAU. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — AAAU

Based on 245 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their AAAU positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
245 hedge funds hold AAAU right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +32% more funds vs a year ago

fund count last 6Q
+60 new funds entered over the past year (+32% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 47% buying

113 buying126 selling
Last quarter: 126 funds reduced or exited vs 113 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-13 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 40 → 43 → 47 → 34. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌

Mixed — 36% long-term, 29% new

■ 36% conviction (2yr+) ■ 36% medium ■ 29% new
Of the 245 current holders: 87 (36%) held >2 years, 88 held 1–2 years, and 70 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
➡️

Steady discovery — ~34 new funds/quarter

46 → 40 → 43 → 47 → 34 new funds/Q
New funds entering each quarter: 40 → 43 → 47 → 34. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 39% veterans, 39% new entrants

■ 39% veterans ■ 22% 1-2yr ■ 39% new
Of 248 current holders: 97 (39%) held 2+ years, 54 held 1–2 years, 97 (39%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 15% AUM from top-100

15% from top-100 AUM funds
21 of 245 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AAAU

In 2026 Q2, 113 hedge funds were net buyers of AAAU (34 opened a new position, 79 added to an existing one), while 126 reduced or exited (87 trimmed, 39 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 245.

Hedge Fund Ownership: AAAU

How many hedge funds hold AAAU — quarterly history vs. share price
Quarterly hedge fund ownership of AAAU vs. share price

Market Analysis: AAAU

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AAAU

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

10 top-rated funds 9 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: AAAU
243 + Investors

Track Smart Money conviction in AAAU. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 243 250 -2.8%
13F Shares 22M 22M 2.71%
Total Value $861M $950M -9.32%
New Positions 32 47 -15
Increased Positions 78 69 +9
Closed Positions 39 22 +17
Reduced Positions 87 89 -2
Total Calls 2 2 -
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.5 1.0 Bullish

Statistics: AAAU

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Institutional Holders (2026 Q2)

243 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AAAU. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AAAU holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Wellspring Financial Advisors, LLC 5.80% 2,225,662 $88.1M
2 Heirloom Wealth Management 5.76% 1,005,004 $39.8M
3 Sonoma Allocations LLC 3.86% 308,858 $12.4M
4 Augustine Asset Management Inc 3.05% 380,296 $15.0M
5 Colton Groome Financial Advisors, LLC 2.97% 310,579 $12.3M
6 Clg LLC 2.40% 276,529 $10.9M
7 Optimus Capital Advisors, LLC 2.35% 110,408 $4.4M
8 WealthTrak Capital Management LLC 2.26% 86,992 $3.4M
9 Moulton Wealth Management, Inc 1.81% 68,483 $2.7M
10 Cutter & CO Brokerage, Inc. 1.64% 223,828 $6.9M
11 GoalVest Advisory LLC 1.62% 221,219 $8.8M
12 Paladin Advisory Group, LLC 1.62% 61,747 $2.4M
13 Gentry Private Wealth, LLC 1.49% 72,947 $2.9M
14 Winch Advisory Services, LLC 1.19% 145,113 $5.7M
15 Fortis Group Advisors, LLC 1.15% 181,273 $7.2M
16 Proficio Capital Partners LLC 1.08% 759,580 $30.1M
17 Nikulski Financial, Inc. 1.05% 123,390 $4.9M
18 Riverwater Partners LLC 0.97% 82,626 $3.3M
19 Rockport Wealth LLC 0.94% 141,928 $5.6M
20 Generation Capital Management LLC 0.88% 36,445 $1.4M
21 Oarsman Capital, INC. 0.86% 204,694 $8.1M
22 Tandem Financial, LLC 0.85% 71,050 $2.8M
23 Pinion Investment Advisors, LLC 0.78% 103,766 $4.1M
24 American National Bank & Trust 0.74% 220,351 $8.7M
25 Ipsen Advisor Group LLC 0.71% 27,834 $1.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Goldman Sachs Physical Gold (AAAU)

What does the Smart Money Trend signal show for AAAU?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their AAAU positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for AAAU?

More sellers than buyers — 47% buying: Last quarter: 126 funds reduced or exited vs 113 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for AAAU holders?

Smaller funds dominant — 15% AUM from top-100: 21 of 245 holders rank in the top 100 by AUM, but together hold only 15% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held AAAU?

Mixed — 36% long-term, 29% new: Of the 245 current holders: 87 (36%) held >2 years, 88 held 1–2 years, and 70 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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