Balestra Capital’s SPDR Gold Trust GLD Stock Holding History

Balestra Capital’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
2014 Q4	–	Sell	-2,500	Closed	-$291K	–	21
2014 Q3	$291K	Hold	2,500	–	–	0.39%	16
2014 Q2	$320K	Hold	2,500	–	–	0.05%	17
2014 Q1	$309K	Hold	2,500	–	–	0.09%	14
2013 Q4	$290K	Sell	2,500 -17,500	-88%	-$2.15M	0.02%	13
2013 Q3	$2.33M	Buy	20,000 +15,000	+300%	+$1.93M	0.75%	11
2013 Q2	$596K	Buy	+5,000	New	+$685K	0.16%	14

Other funds holding GLD

Paulson & Co New York $2.58B AUM 68.51% 1-Year Est. Return

First Eagle Investment Management New York $60.8B AUM 26.63% 1-Year Est. Return

BlackRock Advisors Wilmington, Delaware $98.8B AUM 15.8% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

ADICC

Abu Dhabi Investment Council Co Abu Dhabi, United Arab Emirates $16.7M AUM 8.06% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $141B AUM 34.18% 1-Year Est. Return

Balestra Capital's GLD Position: Q4 2014 in Review

Balestra Capital sold out of SPDR Gold Trust (GLD) in Q4 2014, closing a stake of 2,500 shares — an estimated $291K sold.

Balestra Capital first reported a position in GLD in Q2 2013 and held it in 6 quarters. The position peaked at $2.33M in Q3 2013. 767 funds tracked by Wall St. Rank hold GLD as of Q4 2014.

Balestra Capital reported no remaining SPDR Gold Trust position as of Q4 2014 after selling out during the quarter.
Balestra Capital sold 2,500 SPDR Gold Trust shares in Q4 2014, an estimated $291K.
Balestra Capital first reported a position in SPDR Gold Trust in Q2 2013 and held it in 6 quarters.
Balestra Capital's SPDR Gold Trust position peaked at $2.33M in Q3 2013.
767 funds tracked by Wall St. Rank held SPDR Gold Trust as of Q4 2014.

Based on Balestra Capital's 13F filing for Q4 2014, filed 17 Feb 2015.