Who owns abrdn Physical Gold Shares ETF (SGOL)
Which tracked institutional funds hold SGOL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See SGOL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 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
The tracked-fund tape on SGOL is one-sided between 2026-Q1 and 2026-Q2: 33 added or opened and 171 trimmed or exited — on balance reducing.
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
SGOL’s largest tracked holder by dollar value, Metis Global Partners, LLC, sizes it at 6.8% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 6.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in SGOL 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 2026-Q1 and 2026-Q2, across 442 tracked filers holding SGOL, 169 increased or opened the position and 237 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 SGOL between the 2026-Q1 and 2026-Q2 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 21
- NewEdge Advisors, LLC$27M
- Evelyn Partners Group Ltd$11M
- Jump Financial, LLC$9M
- New Harbor Financial Group, LLC$7M
- Empowered Funds, LLC$6M
- EP Wealth Advisors, LLC$4M
Full exits 32
- HighTower Advisors, LLC$68M
- Quadrature Capital Ltd$28M
- CWM, LLC$20M
- ADVISORS MANAGEMENT GROUP INC /ADV$18M
- Harvest Fund Management Co., Ltd$13M
- Cambridge Investment Research Advisors, Inc.$13M
Largest adds
- Metis Global Partners, LLC$4M
- Cerity Partners LLC$3M
- MML INVESTORS SERVICES, LLC$1M
- JONES FINANCIAL COMPANIES LLLP$1M
- EverSource Wealth Advisors, LLC$692K
- Upper Left Wealth Management, LLC$682K
Largest trims
- LPL Financial LLC$29M
- WELLS FARGO & COMPANY/MN$29M
- BANK OF AMERICA CORP /DE/$23M
- GUARDIAN POINT CAPITAL, LP$15M
- Allen Capital Group, LLC$12M
- MORGAN STANLEY$12M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Metis Global Partners, LLC added | 7,792,850 | $298M | 14.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 6,958,333 | $266M | 12.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 3,380,464 | $129M | 6.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 2,852,930 | $109M | 5.3% | 2026-Q2 |
| MORGAN STANLEY added | 2,317,629 | $89M | 4.3% | 2026-Q2 |
| LPL Financial LLC trimmed | 1,899,023 | $73M | 3.5% | 2026-Q2 |
| UBS Group AG added | 1,733,447 | $66M | 3.2% | 2026-Q2 |
| Almanack Investment Partners, LLC. added | 1,050,514 | $40M | 1.9% | 2026-Q2 |
| Waverly Advisors, LLC added | 966,282 | $37M | 1.8% | 2026-Q2 |
| Ethos Financial Group, LLC trimmed | 928,068 | $36M | 1.7% | 2026-Q2 |
| NewEdge Advisors, LLC added | 695,666 | $27M | 1.3% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 669,550 | $26M | 1.2% | 2026-Q2 |
| Jain Global LLC | 644,220 | $25M | 1.2% | 2026-Q2 |
| Baird Financial Group, Inc. added | 633,001 | $24M | 1.2% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 615,522 | $24M | 1.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 611,292 | $23M | 1.1% | 2026-Q2 |
| W1M Asset Management Ltd added | 604,978 | $23M | 1.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 597,450 | $23M | 1.1% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 554,175 | $21M | 1.0% | 2026-Q2 |
| MAI Capital Management added | 552,145 | $21M | 1.0% | 2026-Q2 |
| Global View Capital Management LLC trimmed | 524,023 | $20M | 1.0% | 2026-Q2 |
| BFSG, LLC added | 501,622 | $19M | 0.9% | 2026-Q2 |
| Towneley Capital Management, Inc / DE added | 498,155 | $19M | 0.9% | 2026-Q2 |
| Encompass More Asset Management trimmed | 495,540 | $19M | 0.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 483,018 | $18M | 0.9% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 463,007 | $18M | 0.9% | 2026-Q2 |
| Ameliora Wealth Management Ltd. trimmed | 460,484 | $18M | 0.9% | 2026-Q2 |
| WT Wealth Management trimmed | 411,067 | $16M | 0.8% | 2026-Q2 |
| Stonebridge Financial Group, LLC added | 403,471 | $15M | 0.7% | 2026-Q2 |
| Blue Trust, Inc. trimmed | 391,720 | $15M | 0.7% | 2026-Q2 |
| Merit Financial Group, LLC added | 368,968 | $14M | 0.7% | 2026-Q2 |
| MRWM Advisors, LLC added | 337,082 | $13M | 0.6% | 2026-Q2 |
| Choate Investment Advisors trimmed | 333,575 | $13M | 0.6% | 2026-Q2 |
| Norris Financial Group, LLC added | 326,883 | $12M | 0.6% | 2026-Q2 |
| Mountain Lake Investment Management LLC trimmed | 324,355 | $12M | 0.6% | 2026-Q2 |
| Newman Dignan & Sheerar, Inc. trimmed | 321,721 | $12M | 0.6% | 2026-Q2 |
| 180 WEALTH ADVISORS, LLC trimmed | 312,216 | $12M | 0.6% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 311,808 | $12M | 0.6% | 2026-Q2 |
| Savvy Advisors, Inc. trimmed | 305,941 | $12M | 0.6% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 303,907 | $12M | 0.6% | 2026-Q2 |
| GUARDIAN POINT CAPITAL, LP trimmed | 300,000 | $11M | 0.6% | 2026-Q2 |
| E Fund Management Co., Ltd. trimmed | 299,341 | $11M | 0.6% | 2026-Q2 |
| Evelyn Partners Group Ltd new | 286,636 | $11M | 0.5% | 2026-Q2 |
| Focus Financial Network, Inc. trimmed | 283,322 | $11M | 0.5% | 2026-Q2 |
| China Universal Asset Management Co., Ltd. | 276,500 | $11M | 0.5% | 2026-Q2 |
| Timber Creek Capital Management LLC added | 268,201 | $10M | 0.5% | 2026-Q2 |
| FULCRUM WEALTH ADVISORS, LLC trimmed | 267,965 | $10M | 0.5% | 2026-Q2 |
| US BANCORP \DE\ | 266,931 | $10M | 0.5% | 2026-Q2 |
| Mariner, LLC added | 260,026 | $10M | 0.5% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 256,987 | $10M | 0.5% | 2026-Q2 |
| Cypress Capital, LLC trimmed | 255,306 | $10M | 0.5% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 253,156 | $10M | 0.5% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 244,324 | $9M | 0.5% | 2026-Q2 |
| Avestar Capital, LLC added | 241,512 | $9M | 0.4% | 2026-Q2 |
| Jump Financial, LLC added | 239,696 | $9M | 0.4% | 2026-Q2 |
| Empirical Asset Management, LLC added | 231,691 | $9M | 0.4% | 2026-Q2 |
| Capital Management Associates, Inc trimmed | 228,670 | $9M | 0.4% | 2026-Q2 |
| Allen Capital Group, LLC trimmed | 219,428 | $8M | 0.4% | 2026-Q2 |
| Fiduciary Alliance LLC trimmed | 191,378 | $7M | 0.4% | 2026-Q2 |
| New Harbor Financial Group, LLC new | 185,905 | $7M | 0.3% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 166,110 | $6M | 0.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 165,848 | $6M | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 165,410 | $6M | 0.3% | 2026-Q2 |
| Empowered Funds, LLC trimmed | 164,705 | $6M | 0.3% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 161,221 | $6M | 0.3% | 2026-Q2 |
| BCM ADVISORS, LLC added | 156,755 | $6M | 0.3% | 2026-Q2 |
| CHOREO, LLC trimmed | 153,534 | $6M | 0.3% | 2026-Q2 |
| Ervin Investment Management, LLC added | 153,105 | $6M | 0.3% | 2026-Q2 |
| Avos Capital Management, LLC added | 149,878 | $6M | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 147,686 | $6M | 0.3% | 2026-Q2 |
| Clear Retirement Advice LLC added | 146,485 | $6M | 0.3% | 2026-Q2 |
| Luminist Capital LLC added | 146,239 | $6M | 0.3% | 2026-Q2 |
| LaSalle St. Investment Advisors, LLC added | 138,405 | $5M | 0.3% | 2026-Q2 |
| Terra Nova Asset Management LLC added | 131,151 | $5M | 0.2% | 2026-Q2 |
| Focus Partners Wealth trimmed | 127,345 | $5M | 0.2% | 2026-Q2 |
| Stonehage Fleming Financial Services Holdings Ltd trimmed | 126,335 | $5M | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 123,155 | $5M | 0.2% | 2026-Q2 |
| Cerity Partners LLC added | 122,660 | $5M | 0.2% | 2026-Q2 |
| MONECO ADVISORS, LLC trimmed | 121,068 | $5M | 0.2% | 2026-Q2 |
| Proficio Capital Partners LLC | 120,423 | $5M | 0.2% | 2026-Q2 |
| Arete Wealth Advisors, LLC added | 116,948 | $4M | 0.2% | 2026-Q2 |
| Go Invest LLC added | 115,884 | $4M | 0.2% | 2026-Q2 |
| SYON CAPITAL LLC | 115,136 | $4M | 0.2% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 114,311 | $4M | 0.2% | 2026-Q2 |
| Narwhal Capital Management trimmed | 112,946 | $4M | 0.2% | 2026-Q2 |
| EP Wealth Advisors, LLC new | 111,678 | $4M | 0.2% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. | 107,937 | $4M | 0.2% | 2026-Q2 |
| Arkadios Wealth Advisors added | 106,936 | $4M | 0.2% | 2026-Q2 |
| Wealth Watch Advisors, INC trimmed | 103,618 | $4M | 0.2% | 2026-Q2 |
| WCG Wealth Advisors LLC added | 102,536 | $4M | 0.2% | 2026-Q2 |
| Atlatl Advisers LLC added | 96,689 | $4M | 0.2% | 2026-Q2 |
| SEEDS INVESTOR LLC added | 96,681 | $4M | 0.2% | 2026-Q2 |
| Eurizon Asset Management Hungary Ltd. added | 94,750 | $4M | 0.2% | 2026-Q2 |
| Brookstone Capital Management added | 94,130 | $4M | 0.2% | 2026-Q2 |
| Cresset Asset Management, LLC | 92,517 | $4M | 0.2% | 2026-Q2 |
| Centurion Wealth Management LLC trimmed | 92,305 | $4M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 91,733 | $4M | 0.2% | 2026-Q2 |
| Compound Planning, Inc. added | 88,736 | $3M | 0.2% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. trimmed | 86,895 | $3M | 0.2% | 2026-Q2 |
| Kastel Capital Advisors, LLC trimmed | 83,754 | $4M | 0.2% | 2026-Q2 |
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.