Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Goldman Sachs Physical Gold (AAAU)

247 + 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
↑ +26
Streak
8Q ▲
Buyers last Q
51%

Smart Money Signals — AAAU

Based on 250 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 8 quarters in a row

last 6Q
For 8 consecutive quarters, more hedge funds added AAAU 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
250 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 — +61% more funds vs a year ago

fund count last 6Q
+95 new funds entered over the past year (+61% 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.
🟡

Slight buying edge — 51% buying

116 buying112 selling
Last quarter: 116 funds bought or added vs 112 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~47 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 45 → 40 → 43 → 47. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 30% long-term, 34% new

■ 30% conviction (2yr+) ■ 37% medium ■ 34% new
Of the 250 current holders: 74 (30%) held >2 years, 92 held 1–2 years, and 84 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 — ~47 new funds/quarter

40 → 45 → 40 → 43 → 47 new funds/Q
New funds entering each quarter: 45 → 40 → 43 → 47. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 36% veterans, 47% new entrants

■ 36% veterans ■ 17% 1-2yr ■ 47% new
Of 254 current holders: 91 (36%) held 2+ years, 43 held 1–2 years, 120 (47%) 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
17 of 250 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.
4.5
out of 10
Moderate Exit Risk
Exit risk score 4.5/10 — 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 Q1, 116 hedge funds were net buyers of AAAU (47 opened a new position, 69 added to an existing one), while 112 reduced or exited (91 trimmed, 21 sold completely) — a 51% buyer ratio, indicating a slight buying edge. This marks 8 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +26 funds (more new holders than closures). Total institutional holders: 250.

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

-- --

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

Is It Too Late to Buy Goldman Sachs Physical Gold (AAAU) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AAAU 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 · 84d ago
AAAU
-10.6%
SPY
+14.9%

AAAU outperformed SPY by -25.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
AAAU
-7.9%
SPY
+1.1%

Since the filing became public, AAAU outperformed SPY by -9.0% .

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 ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

15 top-rated funds 7 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: AAAU
247 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 247 224 10.27%
13F Shares 22M 20M 7.92%
Total Value $943M $814M 15.88%
New Positions 44 43 +1
Increased Positions 69 83 -14
Closed Positions 21 23 -2
Reduced Positions 89 57 +32
Total Calls 2 1 100.0%
Total Puts 2 1 100.0%
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: AAAU

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Institutional Holders (2026 Q1)

247 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Wellspring Financial Advisors, LLC 7.16% 2,065,764 $95.4M
2 Sonoma Allocations LLC 5.00% 312,076 $14.5M
3 Colton Groome Financial Advisors, LLC 4.04% 307,361 $14.2M
4 Augustine Asset Management Inc 3.96% 381,139 $17.6M
5 Optimus Capital Advisors, LLC 2.86% 114,590 $4.9M
6 WealthTrak Capital Management LLC 2.76% 83,704 $3.9M
7 Clg LLC 2.67% 232,957 $10.8M
8 Proficio Capital Partners LLC 2.60% 1,054,757 $48.7M
9 Moulton Wealth Management, Inc 2.36% 75,094 $3.5M
10 Paladin Advisory Group, LLC 2.12% 60,447 $2.8M
11 GoalVest Advisory LLC 1.83% 202,375 $9.3M
12 Gentry Private Wealth, LLC 1.83% 65,620 $3.0M
13 Tandem Financial, LLC 1.75% 119,160 $5.5M
14 Cutter & CO Brokerage, Inc. 1.64% 223,828 $6.9M
15 Winch Advisory Services, LLC 1.52% 144,462 $6.7M
16 Heirloom Wealth Management 1.49% 178,748 $8.3M
17 Nikulski Financial, Inc. 1.37% 120,385 $5.6M
18 Capstone Wealth Management Group, LLC 1.34% 69,044 $3.2M
19 WESPAC Advisors, LLC 1.31% 51,860 $2.4M
20 Generation Capital Management LLC 1.25% 36,945 $1.7M
21 Spectrum Asset Management, Inc. (NB/CA) 1.13% 77,204 $3.6M
22 Riverwater Partners LLC 1.10% 71,690 $3.3M
23 Oarsman Capital, INC. 1.10% 191,704 $8.9M
24 Pinion Investment Advisors, LLC 1.09% 100,604 $4.6M
25 Retirement Guys Formula LLC 0.99% 46,772 $2.2M
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?

Buying streak — 8 quarters in a row: For 8 consecutive quarters, more hedge funds added AAAU 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 AAAU?

Slight buying edge — 51% buying: Last quarter: 116 funds bought or added vs 112 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AAAU holders?

Smaller funds dominant — 15% AUM from top-100: 17 of 250 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 — 30% long-term, 34% new: Of the 250 current holders: 74 (30%) held >2 years, 92 held 1–2 years, and 84 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.

Is it too late to buy Goldman Sachs Physical Gold (AAAU) following the 2026 Q1 hedge fund 13F filings?

As of today, AAAU has moved -7.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -9.0%. Since the quarter end (March 31, 2026), AAAU has gained -10.6% vs +14.9% 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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