IAU vs GLD overlap
1,460 institutions report holding both IAU and GLD.
IAUGLD
Pick 2 to 4 ETFs.
We don’t have holdings for IAU, GLD. Most funds that aren’t in the SEC’s N-PORT data are unit trusts, grantor trusts or very new funds. The institutions tab may still have them.
1,460
institutions report holding both, of 3,464 holding any
IAU89.0% of its 13F dollars, 76.9% of its 1,899 holders
GLD81.0% of its 13F dollars, 48.3% of its 3,025 holders
Largest institutions holding both
| Firm | IAU | GLD |
|---|---|---|
| Bank of America Corp. | $2.1B | $4.1B |
| Morgan Stanley | $1.7B | $4.0B |
| UBS Group AG | $937.5M | $2.6B |
| LPL Financial LLC | $827.0M | $1.6B |
| Wells Fargo & Company | $968.7M | $1.3B |
| First Eagle Investment Management, LLC | $403K | $1.8B |
| BlackRock, Inc. | $659.4M | $1.1B |
| Citigroup Inc. | $548.5M | $784.2M |
| Raymond James Financial Inc. | $404.1M | $881.2M |
| JPMorgan Chase & Co | $415.7M | $725.1M |
| Envestnet Asset Management Inc. | $664.6M | $430.9M |
| Royal Bank of Canada | $282.7M | $799.8M |
| Ameriprise Financial Inc. | $510.0M | $562.0M |
| FMR LLC | $1.0B | $11.6M |
| Goldman Sachs Group Inc. | $126.1M | $651.0M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: IAU institutional holders, GLD institutional holders.
Frequently asked questions
Do institutions hold both IAU and GLD?
1,460 Form 13F filers report positions in both, out of 3,464 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.