Who owns GAUG
Which tracked institutional funds hold GAUG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See GAUG company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
8 tracked funds added or opened GAUG while 10 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
GAUG’s largest tracked holder by dollar value, Arax Advisory Partners, sizes it at 0.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in GAUG divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 104 tracked filers holding GAUG, 28 increased or opened the position and 48 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in GAUG between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 1
- Arax Advisory Partners$31M
Full exits 4
- Schulz Wealth, LTD.$3M
- Janney Montgomery Scott LLC$2M
- ORG Partners LLC$779K
- JANE STREET GROUP, LLC$531K
Largest adds
- Horizon Investments, LLC$2M
- Kestra Advisory Services, LLC$1M
- Kovack Advisors, Inc.$904K
- Concurrent Investment Advisors, LLC$770K
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$671K
- HRT FINANCIAL LP$363K
Largest trims
- COMMONWEALTH EQUITY SERVICES, LLC$10M
- RAYMOND JAMES FINANCIAL INC$3M
- Americana Partners, LLC$2M
- MAI Capital Management$1M
- ENVESTNET ASSET MANAGEMENT INC$779K
- WealthPLAN Partners, LLC$333K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Arax Advisory Partners new | 789,886 | $31M | 15.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 289,724 | $11M | 5.6% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 288,789 | $11M | 5.5% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 236,018 | $9M | 4.5% | 2026-Q1 |
| Americana Partners, LLC trimmed | 157,643 | $6M | 3.0% | 2026-Q1 |
| MILESTONE ASSET MANAGEMENT, LLC added | 144,309 | $6M | 2.8% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 123,352 | $5M | 2.4% | 2026-Q1 |
| LPL Financial LLC trimmed | 112,148 | $4M | 2.1% | 2026-Q1 |
| Horizon Investments, LLC added | 79,816 | $3M | 1.5% | 2026-Q1 |
| MAI Capital Management trimmed | 79,528 | $3M | 1.5% | 2026-Q1 |
| Cetera Investment Advisers added | 78,636 | $3M | 1.5% | 2026-Q1 |
| CITY HOLDING CO | 66,600 | $3M | 1.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 58,366 | $2M | 1.1% | 2026-Q1 |
| Sage Capital Advisors,llc trimmed | 54,573 | $2M | 1.0% | 2026-Q1 |
| Tanglewood Legacy Advisors, LLC trimmed | 54,087 | $2M | 1.0% | 2026-Q1 |
| MGO ONE SEVEN LLC trimmed | 49,215 | $2M | 0.9% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 48,013 | $2M | 0.9% | 2026-Q1 |
| INDEPENDENT FINANCIAL GROUP, LLC | 47,486 | $2M | 0.9% | 2026-Q1 |
| Brookstone Capital Management added | 43,869 | $2M | 0.8% | 2026-Q1 |
| Chris Bulman Inc added | 43,175 | $2M | 0.8% | 2026-Q1 |
| WealthPlan Investment Management, LLC trimmed | 40,862 | $2M | 0.8% | 2026-Q1 |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors | 35,170 | $1M | 0.7% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 32,296 | $1M | 0.6% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. | 30,426 | $1M | 0.6% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 29,011 | $1M | 0.6% | 2026-Q1 |
| Sanctuary Advisors, LLC | 27,741 | $1M | 0.5% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 26,116 | $1M | 0.5% | 2026-Q1 |
| Kovack Advisors, Inc. added | 23,385 | $905K | 0.4% | 2026-Q1 |
| CreativeOne Wealth, LLC | 22,243 | $861K | 0.4% | 2026-Q1 |
| CENTAURUS FINANCIAL, INC. trimmed | 21,231 | $822K | 0.4% | 2026-Q1 |
| Mutual Advisors, LLC | 21,109 | $817K | 0.4% | 2026-Q1 |
| UPTICK PARTNERS, LLC | 18,675 | $723K | 0.4% | 2026-Q1 |
| LVZ, Inc. | 17,960 | $695K | 0.3% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC | 17,885 | $693K | 0.3% | 2026-Q1 |
| Kestra Investment Management, LLC added | 17,597 | $681K | 0.3% | 2026-Q1 |
| FSB PREMIER WEALTH MANAGEMENT, INC. | 17,543 | $679K | 0.3% | 2026-Q1 |
| Wood Tarver Financial Group, LLC added | 16,897 | $654K | 0.3% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 16,819 | $651K | 0.3% | 2026-Q1 |
| WealthPLAN Partners, LLC trimmed | 16,307 | $631K | 0.3% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 16,230 | $628K | 0.3% | 2026-Q1 |
| HRT FINANCIAL LP added | 14,874 | $575K | 0.3% | 2026-Q1 |
| Savvy Advisors, Inc. trimmed | 13,439 | $520K | 0.3% | 2026-Q1 |
| Anfield Capital Management, LLC trimmed | 12,790 | $495K | 0.2% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC | 12,695 | $491K | 0.2% | 2026-Q1 |
| Beacon Pointe Advisors, LLC new | 12,590 | $487K | 0.2% | 2026-Q1 |
| Bouchey Financial Group Ltd trimmed | 12,069 | $479K | 0.2% | 2026-Q1 |
| Sunbelt Securities, Inc. trimmed | 11,763 | $455K | 0.2% | 2026-Q1 |
| Keystone Wealth Services, LLC | 10,401 | $403K | 0.2% | 2026-Q1 |
| HBW ADVISORY SERVICES LLC trimmed | 9,753 | $378K | 0.2% | 2026-Q1 |
| US BANCORP \DE\ | 9,565 | $370K | 0.2% | 2026-Q1 |
| Grantvest Financial Group LLC trimmed | 9,373 | $363K | 0.2% | 2026-Q1 |
| CoreCap Advisors, LLC added | 9,349 | $362K | 0.2% | 2026-Q1 |
| Mayfair Advisory Group, LLC | 9,123 | $353K | 0.2% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 9,022 | $344K | 0.2% | 2026-Q1 |
| Ameritas Advisory Services, LLC | 8,629 | $334K | 0.2% | 2026-Q1 |
| Archer Investment Corp trimmed | 8,014 | $310K | 0.2% | 2026-Q1 |
| CROSSPOINT FINANCIAL, LLC | 8,000 | $310K | 0.2% | 2026-Q1 |
| IMG Wealth Management, Inc. trimmed | 7,468 | $289K | 0.1% | 2026-Q1 |
| Diligent Investors, LLC trimmed | 7,465 | $289K | 0.1% | 2026-Q1 |
| Madrona Financial Services, LLC | 7,308 | $283K | 0.1% | 2026-Q1 |
| NorthCrest Asset Manangement, LLC | 7,106 | $276K | 0.1% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC trimmed | 6,997 | $271K | 0.1% | 2026-Q1 |
| Integrity Financial Corp /WA trimmed | 6,874 | $266K | 0.1% | 2026-Q1 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC trimmed | 6,667 | $258K | 0.1% | 2026-Q1 |
| Stratos Wealth Advisors, LLC trimmed | 6,426 | $249K | 0.1% | 2026-Q1 |
| Prosperity Consulting Group, LLC trimmed | 6,374 | $247K | 0.1% | 2026-Q1 |
| Keating Financial Advisory Services, Inc. added | 6,321 | $245K | 0.1% | 2026-Q1 |
| Focus Partners Wealth | 6,000 | $232K | 0.1% | 2026-Q1 |
| Darwin Wealth Management, LLC trimmed | 5,843 | $226K | 0.1% | 2026-Q1 |
| SILVER OAK SECURITIES, INCORPORATED | 5,797 | $224K | 0.1% | 2026-Q1 |
| First Heartland Consultants, Inc. trimmed | 5,686 | $220K | 0.1% | 2026-Q1 |
| RFG Advisory, LLC trimmed | 5,509 | $213K | 0.1% | 2026-Q1 |
| WEALTHGARDEN F.S. LLC | 5,456 | $211K | 0.1% | 2026-Q1 |
| Financial Network Wealth Advisors LLC | 5,369 | $208K | 0.1% | 2026-Q1 |
| Foundations Investment Advisors, LLC new | 5,331 | $206K | 0.1% | 2026-Q1 |
| DHJJ Financial Advisors, Ltd. | 5,088 | $197K | 0.1% | 2026-Q1 |
| BARCLAYS PLC added | 5,028 | $195K | 0.1% | 2026-Q1 |
| CWM, LLC trimmed | 4,669 | $181K | 0.1% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 4,506 | $175K | 0.1% | 2026-Q1 |
| Triumph Capital Management added | 4,395 | $170K | 0.1% | 2026-Q1 |
| GRIES FINANCIAL LLC new | 760,258 | $29M | 14.5% | 2025-Q3 stale |
| Synergy Asset Management, LLC added | 398,544 | $15M | 7.3% | 2025-Q3 stale |
| STEPHENS INC /AR/ trimmed | 107,536 | $4M | 1.9% | 2025-Q1 stale |
| Schulz Wealth, LTD. trimmed | 76,106 | $3M | 1.5% | 2025-Q4 stale |
| Janney Montgomery Scott LLC trimmed | 43,135 | $2M | 0.8% | 2025-Q4 stale |
| OLD MISSION CAPITAL LLC added | 47,506 | $2M | 0.8% | 2025-Q1 stale |
| Brookwood Investment Group LLC added | 30,255 | $1M | 0.6% | 2025-Q2 stale |
| FOUNDERS FINANCIAL SECURITIES LLC added | 30,556 | $1M | 0.5% | 2025-Q1 stale |
| ORG Partners LLC | 19,850 | $779K | 0.4% | 2025-Q4 stale |
| CITADEL ADVISORS LLC added | 19,438 | $751K | 0.4% | 2025-Q3 stale |
| JANE STREET GROUP, LLC added | 13,526 | $531K | 0.3% | 2025-Q4 stale |
| AXXCESS WEALTH MANAGEMENT, LLC new | 12,083 | $474K | 0.2% | 2025-Q4 stale |
| TOWNSQUARE CAPITAL LLC trimmed | 13,449 | $467K | 0.2% | 2025-Q1 stale |
| Merit Financial Group, LLC trimmed | 10,118 | $397K | 0.2% | 2025-Q4 stale |
| GOLDMAN SACHS GROUP INC added | 10,023 | $371K | 0.2% | 2025-Q2 stale |
| Orion Porfolio Solutions, LLC trimmed | 8,841 | $347K | 0.2% | 2025-Q4 stale |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV trimmed | 7,365 | $272K | 0.1% | 2025-Q2 stale |
| MML INVESTORS SERVICES, LLC | 6,247 | $245K | 0.1% | 2025-Q4 stale |
| MACROVIEW INVESTMENT MANAGEMENT LLC | 6,500 | $226K | 0.1% | 2025-Q1 stale |
| Atria Wealth Solutions, Inc. | 6,327 | $220K | 0.1% | 2025-Q1 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.