Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ishares Gold Tr (IAU)

2K + Investors. Track Smart Money conviction in IAU. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +68
Streak
10Q ▲
Buyers last Q
43%

Smart Money Signals — IAU

Based on 1957 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 10 quarters in a row

last 6Q
For 10 consecutive quarters, more hedge funds added IAU 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
1,957 hedge funds hold IAU 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 — +29% more funds vs a year ago

fund count last 6Q
+437 new funds entered over the past year (+29% 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 — 43% buying

766 buying997 selling
Last quarter: 997 funds reduced or exited vs 766 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 (-106 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 143 → 201 → 311 → 205. 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.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 25% medium ■ 22% new
1,031 out of 1,957 hedge funds have held IAU for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

235 → 143 → 201 → 311 → 205 new funds/Q
New funds entering each quarter: 143 → 201 → 311 → 205. A growing number of institutions are discovering IAU each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 57% veterans vs 28% newcomers

■ 57% veterans ■ 14% 1-2yr ■ 28% new
Entry-cohort mix of 1,980 holders: 1,136 (57%) are 2+ year veterans, 284 entered 1–2 years ago, and 560 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
40 of 1954 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in IAU. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — 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 — IAU

In 2026 Q1, 766 hedge funds were net buyers of IAU (205 opened a new position, 561 added to an existing one), while 997 reduced or exited (860 trimmed, 137 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. This marks 10 consecutive quarters of net institutional buying — a persistent conviction signal. 46% of total institutional value in IAU is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +68 funds (more new holders than closures). Total institutional holders: 1957.

Hedge Fund Ownership: IAU

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

Market Analysis: IAU

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IAU

-- --

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

Is It Too Late to Buy Ishares Gold Tr (IAU) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IAU has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
IAU
-9.7%
SPY
+13.9%

IAU outperformed SPY by -23.6% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
IAU
-6.9%
SPY
+0.2%

Since the filing became public, IAU outperformed SPY by -7.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Strong Institutional Conviction

Multiple high-quality funds hold meaningful positions with strong conviction.

59 top-rated funds 113 high-conviction
Consensus
7.7
/ 10
breadth
×
Elite
7.5
/ 10
conviction
Hedge Fund Positioning: IAU
2K + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1926 1888 2.01%
13F Shares 390M 438M -10.89%
Total Value $32.95B $35.48B -7.12%
New Positions 193 310 -117
Increased Positions 548 645 -97
Closed Positions 155 102 +53
Reduced Positions 840 644 +196
Total Calls 12 11 9.09%
Total Puts 10 9 11.11%
PUT/CALL Ratio 0.83 0.82 Neutral

Statistics: IAU

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

2K + investors

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

QUARTER:
Top 25 IAU holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 VCU Investment Management Co 97.90% 761,798 $67.2M
2 Moon Capital Management LP 83.01% 1,559,604 $137.5M
3 Crcm LP 78.68% 1,249,870 $111.1M
4 Pennsylvania State University 72.54% 1,574,099 $138.8M
5 Hrtg Gpe, LLC 50.89% 4,508,493 $397.5M
6 Eurizon Asset Management Hungary Ltd. 45.63% 482,015 $42.5M
7 Emory University 39.05% 1,184,463 $104.4M
8 Dai-ichi Life International Holdings LLC 23.26% 4,022 $355K
9 Permanens Capital L.P. 21.41% 1,885,466 $166.2M
10 Stuart Investment Advisors, INC. 20.37% 528,842 $46.6M
11 Private Harbour Investment Management & Counsel, LLC 17.58% 181,588 $16.0M
12 Life Line Wealth Management LLC 17.03% 432,527 $38.1M
13 VPR Management LLC 13.93% 395,430 $34.9M
14 Mader & Shannon Wealth Management, Inc. 13.58% 332,931 $29.4M
15 Independent Family Office, LLC 13.56% 373,645 $32.9M
16 Sowa Financial Group, Inc. 12.97% 296,941 $26.2M
17 West Family Investments, Inc. 11.94% 384,343 $34.1M
18 Twin Focus Capital Partners, LLC 11.76% 1,161,576 $102.4M
19 Arnhold LLC 11.38% 1,757,254 $154.9M
20 Stephen J. Garry & Associates, LLC 11.35% 160,108 $14.1M
21 Connective Portfolio Management, LLC 11.23% 47,029 $4.1M
22 Broussard Financial Group LLC 11.08% 157,102 $13.9M
23 Argos Wealth Advisors, LLC 10.91% 430,216 $37.9M
24 Mainstay Capital Management LLC /Adv 10.13% 1,490,283 $131.4M
25 Legend Financial Advisors, Inc. 9.98% 175,659 $15.5M
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 — Ishares Gold Tr (IAU)

What does the Smart Money Trend signal show for IAU?

Buying streak — 10 quarters in a row: For 10 consecutive quarters, more hedge funds added IAU 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 IAU?

More sellers than buyers — 43% buying: Last quarter: 997 funds reduced or exited vs 766 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 IAU holders?

Elite ownership — 46% AUM from top-100 funds: 40 of 1954 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in IAU. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held IAU?

53% of holders stayed for 2+ years: 1,031 out of 1,957 hedge funds have held IAU for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Ishares Gold Tr (IAU) following the 2026 Q1 hedge fund 13F filings?

As of today, IAU has moved -6.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of -7.1%. Since the quarter end (March 31, 2026), IAU has gained -9.7% 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.

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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