Bailard’s SPDR Gold Trust GLD Stock Holding History

Bailard’s Portfolio GLD Stock Details GLD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$127M	Sell	295,219 -15,674	-5%	-$7.02M	2.92%	6
2025 Q4	$123M	Sell	310,893 -4,564	-1%	-$1.74M	2.73%	7
2025 Q3	$112M	Sell	315,457 -1,804	-0.6%	-$575K	2.44%	8
2025 Q2	$96.7M	Sell	317,261 -6,075	-2%	-$1.84M	2.25%	6
2025 Q1	$93.2M	Sell	323,336 -2,372	-0.7%	-$627K	2.4%	6
2024 Q4	$78.9M	Buy	325,708 +426	+0.1%	+$105K	2.02%	8
2024 Q3	$79.1M	Buy	325,282 +2,459	+0.8%	+$563K	2.06%	7
2024 Q2	$69.4M	Buy	322,823 +309,429	+2,310%	+$66.9M	1.91%	8
2024 Q1	$2.76M	Sell	13,394 -335,897	-96%	-$64.5M	0.08%	195
2023 Q4	$66.8M	Buy	349,291 +342,496	+5,040%	+$62.8M	1.98%	7
2023 Q3	$1.17M	Sell	6,795 -805	-11%	-$144K	0.04%	250
2023 Q2	$1.35M	Sell	7,600 -408,694	-98%	-$75.1M	0.05%	233
2023 Q1	$76.3M	Sell	416,294 -8,230	-2%	-$1.45M	2.73%	5
2022 Q4	$72M	Buy	424,524 +417,366	+5,831%	+$67.2M	2.74%	4
2022 Q3	$1.11M	Hold	7,158	–	–	0.05%	235
2022 Q2	$1.21M	Sell	7,158 -436,658	-98%	-$76.3M	0.05%	228
2022 Q1	$80.2M	Buy	443,816 +437,845	+7,333%	+$76.8M	2.7%	6
2021 Q4	$1.02M	Sell	5,971 -1,412	-19%	-$237K	0.03%	263
2021 Q3	$1.21M	Sell	7,383 -5,585	-43%	-$935K	0.04%	241
2021 Q2	$2.15M	Sell	12,968 -1,504	-10%	-$256K	0.07%	194
2021 Q1	$2.31M	Sell	14,472 -714	-5%	-$120K	0.09%	186
2020 Q4	$2.71M	Sell	15,186 -362,980	-96%	-$63.9M	0.12%	134
2020 Q3	$67M	Buy	378,166 +179	+0%	+$32.2K	3.47%	5
2020 Q2	$63.3M	Sell	377,987 -5,154	-1%	-$831K	3.53%	5
2020 Q1	$56.7M	Buy	383,141 +379,088	+9,353%	+$56.4M	4.04%	3
2019 Q4	$579K	Buy	4,053 +1,750	+76%	+$245K	0.03%	252
2019 Q3	$320K	Buy	2,303 +63	+3%	+$8.76K	0.02%	384
2019 Q2	$298K	Sell	2,240 -185,076	-99%	-$22.9M	0.02%	414
2019 Q1	$22.9M	Buy	187,316 +11,793	+7%	+$1.45M	1.42%	13
2018 Q4	$21.3M	Sell	175,523 -295,040	-63%	-$34.3M	1.44%	15
2018 Q3	$53.1M	Sell	470,563 -13,621	-3%	-$1.56M	3.1%	5
2018 Q2	$57.4M	Buy	484,184 +13,152	+3%	+$1.63M	3.42%	5
2018 Q1	$59.3M	Buy	471,032 +18,534	+4%	+$2.34M	3.78%	4
2017 Q4	$56M	Buy	452,498 +3,662	+0.8%	+$444K	3.52%	5
2017 Q3	$54.6M	Buy	448,836 +961	+0.2%	+$117K	4.22%	4
2017 Q2	$52.9M	Buy	447,875 +445,635	+19,894%	+$53.3M	4.29%	5
2017 Q1	$266K	Sell	2,240 -17,700	-89%	-$2.06M	0.02%	254
2016 Q4	$2.19M	Sell	19,940 -417,176	-95%	-$48.4M	0.2%	116
2016 Q3	$54.9M	Buy	437,116 +423,005	+2,998%	+$53.9M	5.07%	4
2016 Q2	$1.78M	Sell	14,111 -440,887	-97%	-$53.1M	0.21%	115
2016 Q1	$53.5M	Buy	+454,998	New	+$51.6M	7.47%	3
2015 Q4	–	Sell	-2,240	Closed	-$239K	–	259
2015 Q3	$239K	Hold	2,240	–	–	0.04%	219
2015 Q2	$252K	Hold	2,240	–	–	0.04%	215
2015 Q1	$255K	Sell	2,240 -741	-25%	-$86.7K	0.04%	208
2014 Q4	$339K	Sell	2,981 -29,718	-91%	-$3.43M	0.05%	178
2014 Q3	$3.8M	Buy	32,699 +24,446	+296%	+$3.01M	0.58%	26
2014 Q2	$1.06M	Hold	8,253	–	–	0.16%	85
2014 Q1	$1.02M	Sell	8,253 -23,105	-74%	-$2.88M	0.16%	81
2013 Q4	$3.64M	Buy	31,358 +19,340	+161%	+$2.37M	0.59%	25
2013 Q3	$1.54M	Sell	12,018 -23,863	-67%	-$3.06M	0.29%	57
2013 Q2	$4.27M	Buy	+35,881	New	+$4.91M	0.78%	17

Other funds holding GLD

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bailard's GLD Position: Q1 2026 in Review

Bailard reduced its SPDR Gold Trust (GLD) stake by 5% in Q1 2026, selling an estimated $7.02M and leaving 295,219 shares worth $127M. The position accounts for 2.92% of the portfolio, ranked #6.

Bailard first reported a position in GLD in Q2 2013 and has held it in 51 quarters since. 3,144 funds tracked by Wall St. Rank hold GLD as of Q1 2026.

Bailard held 295,219 shares of SPDR Gold Trust worth $127M as of Q1 2026.
Bailard sold 15,674 SPDR Gold Trust shares in Q1 2026, an estimated $7.02M.
SPDR Gold Trust made up 2.92% of Bailard's portfolio in Q1 2026, its #6 holding.
Bailard first reported a position in SPDR Gold Trust in Q2 2013 and has held it in 51 quarters since.
3,144 funds tracked by Wall St. Rank held SPDR Gold Trust as of Q1 2026.

Based on Bailard's 13F filing for Q1 2026, filed 11 May 2026.