Dynamic California Muni ETFGCALETF

13F holders, Q4 2025 (December 31)
24holders +7
5new positions
0sold out
$50.91avg. 13F price*

At the end of Q4 2025, 24 institutions reported holding Dynamic California Muni ETF (GCAL) in their 13F filings, up 7 from Q3 2025. 5 opened new positions and 0 sold out. The largest holders were Composition Wealth, LLC ($83.0M), Cerity Partners LLC ($10.8M) and Curated Wealth Partners LLC ($7.3M).

Company
Dynamic California Muni ETF
Filed as
GOLDMAN SACHS ETF TR (Q4 2025)
CUSIP
38149W564
Latest filing quarter
Q2 2026

History

Number of 13F holders

010203040 Q3 2024: 3Q3 2024Q4 2024: 6Q4 2024Q1 2025: 7Q1 2025Q2 2025: 10Q2 2025Q3 2025: 17Q3 2025Q4 2025: 24Q4 2025Q1 2026: 29Q1 2026Q2 2026: 36Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions5$1.6M
Exits0$0

All 13F filers, Q3 2025 → Q4 2025: 320,799 shares bought and 118,129 shares sold, net +202,670 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 24 holders

Composition Wealth, LLC 1.19% Add +1.5% 1,629,961 $83.0M
Cerity Partners LLC 0.02% Add +25.0% 212,866 $10.8M
Curated Wealth Partners LLC 0.79% Add +234.0% 142,768 $7.3M
Ducere Wealth Management LLC 2.63% — 133,839 $6.8M
First American Trust, FSB 0.37% Add +108.7% 106,883 $5.4M
Flow Traders U.S. LLC 0.08% Reduce -61.3% 45,223 $2.3M
Perigon Wealth Management, LLC 0.03% Add +40.6% 30,536 $1.6M
Goldman Sachs Group Inc. 0.00% Add +47.5% 29,558 $1.5M
Financial Management Network Inc. 0.23% Add +17.6% 28,279 $1.4M
Weaver Consulting Group 0.35% Add +39.8% 28,228 $1.4M
HighTower Advisors, LLC 0.00% Add +448.4% 24,470 $1.2M
Magnus Financial Group LLC 0.07% Add +271.2% 16,707 $850K
Planned Solutions, Inc. 0.26% Add +39.4% 15,624 $795K
Debussy Capital Management LP 0.08% New 10,879 $554K
Robertson Stephens Wealth Management, LLC 0.01% New 9,132 $466K
Jane Street Group, LLC 0.00% Reduce -61.6% 6,888 $351K
Contango Wealth Management LLC 0.34% — 6,054 $308K
Wolff Wiese Magana LLC 0.16% New 5,900 $300K
Blue Zone Wealth Advisors, LLC 0.05% New 5,498 $280K
Mariner, LLC 0.00% No change 4,925 $251K
Richards, Merrill & Peterson, Inc. 0.03% No change 1,500 $76K
JPMorgan Chase & Co. 0.00% Reduce -98.4% 573 $29K
Blair William & Co. 0.00% Add +38.5% 284 $14K
Morgan Stanley 0.00% New 7 $356

"% of holder's portfolio" is GCAL's weight in each manager's 13F, not the share of Dynamic California Muni ETF the manager owns.