IAU vs GLDM overlap
580 institutions report holding both IAU and GLDM.
IAUGLDM
Pick 2 to 4 ETFs.
We don’t have holdings for IAU, GLDM. 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.
580
institutions report holding both, of 2,232 holding any
IAU68.9% of its 13F dollars, 30.5% of its 1,899 holders
GLDM79.1% of its 13F dollars, 63.5% of its 913 holders
Largest institutions holding both
| Firm | IAU | GLDM |
|---|---|---|
| Bank of America Corp. | $2.1B | $570.2M |
| Morgan Stanley | $1.7B | $669.5M |
| Sumitomo Mitsui Trust Group, Inc. | $235.1M | $1.6B |
| Wells Fargo & Company | $968.7M | $843.0M |
| UBS Group AG | $937.5M | $255.4M |
| LPL Financial LLC | $827.0M | $267.8M |
| FMR LLC | $1.0B | $1.2M |
| Empower Advisory Group, LLC | $395.5M | $522.7M |
| Envestnet Asset Management Inc. | $664.6M | $91.6M |
| Ameriprise Financial Inc. | $510.0M | $219.9M |
| MAI Capital Management | $73.8M | $595.4M |
| BlackRock, Inc. | $659.4M | $734K |
| WealthNavi Inc. | $502.4M | $128.2M |
| Citigroup Inc. | $548.5M | $595K |
| Northwestern Mutual Wealth Management Co | $477.3M | $42.4M |
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, GLDM institutional holders.
Frequently asked questions
Do institutions hold both IAU and GLDM?
580 Form 13F filers report positions in both, out of 2,232 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%.