Goldman Sachs ETF Tr (GCAL): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Goldman Sachs ETF Tr (GCAL) following the 2026 Q1 hedge fund 13F filings?

As of today, GCAL has moved +1.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +0.9%. Since the quarter end (March 31, 2026), GCAL gained +0.6% vs +13.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Goldman Sachs ETF Tr (GCAL)

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

Smart Money Signals — GCAL

Based on 29 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 6 quarters in a row

last 6Q

For 6 consecutive quarters, more hedge funds added GCAL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

29 hedge funds hold GCAL right now — the highest count in 1.8 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 — +314% more funds vs a year ago

fund count last 6Q

+22 new funds entered over the past year (+314% 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 buyers than sellers — 76% buying

22 buying7 selling

Last quarter: 22 funds were net buyers (9 opened a brand new position + 13 added to an existing one). Only 7 were sellers (4 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~9 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 5 → 8 → 6 → 9. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 69% entered in last year

■ 0% conviction (2yr+) ■ 31% medium ■ 69% new

Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

➡️

Steady discovery — ~9 new funds/quarter

1 → 5 → 8 → 6 → 9 new funds/Q

New funds entering each quarter: 5 → 8 → 6 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🌱

Early stage — 87% of holders entered in last year

■ 0% veterans ■ 13% 1-2yr ■ 87% new

Of 30 current holders: 26 (87%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.

📋

Smaller funds dominant — 2% AUM from top-100

2% from top-100 AUM funds

3 of 29 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

6.7

out of 10

Moderate Exit Risk

Exit risk score 6.7/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	28	23	21.74%
13F Shares	3M	2M	22.9%
Total Value	$151M	$127M	18.83%
New Positions	8	6	+2
Increased Positions	13	12	+1
Closed Positions	3	0	+3
Reduced Positions	4	3	+1
Total Calls	0	0	-
Total Puts	1	0	100%
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

21.74%

13F Shares

22.9%

Total Value

$151M

$127M

18.83%

New Positions

Increased Positions

Closed Positions

Reduced Positions

Total Calls

Total Puts

100%

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

28 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 GCAL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Ducere Wealth Management LLC	2.52%	125,067	$6.3M
2	Composition Wealth, LLC	1.30%	1,866,239	$94.5M
3	Elequin Capital, LP	0.69%	160,596	$8.2M
4	Weaver Consulting Group	0.53%	43,722	$2.2M
5	First American Trust, Fsb	0.46%	133,853	$6.8M
6	Contango Wealth Management LLC	0.45%	7,569	$383K
7	Curated Wealth Partners LLC	0.44%	69,313	$3.5M
8	Planned Solutions, Inc.	0.36%	21,781	$1.1M
9	Financial Management Network Inc	0.23%	29,911	$1.5M
10	Wolff Wiese Magana LLC	0.16%	5,900	$299K
11	Mirae Asset Securities (usa) INC.	0.14%	75,000	$3.8M
12	Vivaldi Capital Management LP	0.07%	10,541	$534K
13	RVW Wealth, LLC	0.05%	13,415	$680K
14	Perigon Wealth Management, LLC	0.05%	51,899	$2.6M
15	Mirae Asset Securities (usa) INC.	0.05%	25,000	$1.3M
16	Sage Rhino Capital LLC	0.04%	4,529	$229K
17	Magnus Financial Group LLC	0.03%	8,315	$421K
18	Richards, Merrill & Peterson, INC.	0.03%	1,500	$76K
19	Cerity Partners LLC	0.02%	230,919	$11.7M
20	Robertson Stephens Wealth Management, LLC	0.01%	9,132	$463K
21	International Assets Investment Management, LLC	0.01%	1,950	$99K
22	GGM Financial LLC	0.01%	258	$13K
23	Sanctuary Advisors, LLC	0.00%	8,747	$443K
24	HighTower Advisors, LLC	0.00%	24,867	$1.3M
25	Mariner, LLC	0.00%	5,985	$303K

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 ETF Tr (GCAL)

What does the Smart Money Trend signal show for GCAL?

Buying streak — 6 quarters in a row: For 6 consecutive quarters, more hedge funds added GCAL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for GCAL?

More buyers than sellers — 76% buying: Last quarter: 22 funds were net buyers (9 opened a brand new position + 13 added to an existing one). Only 7 were sellers (4 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for GCAL holders?

Smaller funds dominant — 2% AUM from top-100: 3 of 29 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held GCAL?

Mostly new holders — 69% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Goldman Sachs ETF Tr (GCAL) following the 2026 Q1 hedge fund 13F filings?

As of today, GCAL has moved +1.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +0.9%. Since the quarter end (March 31, 2026), GCAL has gained +0.6% vs +13.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

Market Cap	--
Enterprise Value	--
Trailing P/E	--
Forward P/E	--
PEG Ratio (5yr expected)	--
Price/Sales (ttm)	--
Price/Book (mrq)	--
Enterprise Value/Revenue	--
Enterprise Value/EBITDA	--
Beta (5Y Monthly)	--
Short Ratio (Days to Cover)	--
Short % of Float	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

Goldman Sachs ETF Tr (GCAL)

Smart Money Signals — GCAL

Buying streak — 6 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +314% more funds vs a year ago

More buyers than sellers — 76% buying

Steady new buyers — ~9 new funds per quarter

Mostly new holders — 69% entered in last year

Steady discovery — ~9 new funds/quarter

Early stage — 87% of holders entered in last year

Smaller funds dominant — 2% AUM from top-100

Institutional Sentiment Summary — GCAL

Hedge Fund Ownership: GCAL

Market Analysis: GCAL

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: GCAL

Is It Too Late to Buy Goldman Sachs ETF Tr (GCAL) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: GCAL

Statistics: GCAL

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Goldman Sachs ETF Tr (GCAL)

Welcome to 13Foresight!