Highfields Capital Management’s SPDR Gold Trust GLD Stock Holding History

Highfields Capital Management’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
2018 Q4	–	Sell	-300,000	Closed	-$33.8M	–	30
2018 Q3	$33.8M	Sell	300,000 -300,000	-50%	-$34.4M	0.63%	33
2018 Q2	$71.2M	Buy	+600,000	New	+$74.3M	0.78%	30
2013 Q4	–	Sell	-8,500,000	Closed	-$1.09B	–	94
2013 Q3	$1.09B	Buy	8,500,000 +1,220,000	+17%	+$157M	8.6%	1
2013 Q2	$867M	Buy	+7,280,000	New	+$997M	7.19%	1

Other funds holding GLD

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

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

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

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

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

Bridgewater Associates Westport, Connecticut $24.4B AUM 40.93% 1-Year Est. Return

EIM

Elephas Investment Management Hong Kong $367M AUM 189.12% 1-Year Est. Return

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

CI Investments Inc Toronto, Ontario, Canada $31.2B AUM 40.61% 1-Year Est. Return

Commerzbank Aktiengesellschaft Frankfurt, Germany $5B AUM 26.58% 1-Year Est. Return

Highfields Capital Management's GLD Position: Q4 2016 in Review

Highfields Capital Management sold out of SPDR Gold Trust (GLD) in Q4 2016, closing a stake of 283,000 shares — an estimated $35.6M sold.

Highfields Capital Management first reported a position in GLD in Q2 2013 and held it in 2 quarters. The position peaked at $59.6M in Q2 2013. 908 funds tracked by Wall St. Rank hold GLD as of Q4 2016.

Highfields Capital Management reported no remaining SPDR Gold Trust position as of Q4 2016 after selling out during the quarter.
Highfields Capital Management sold 283,000 SPDR Gold Trust shares in Q4 2016, an estimated $35.6M.
Highfields Capital Management first reported a position in SPDR Gold Trust in Q2 2013 and held it in 2 quarters.
Highfields Capital Management's SPDR Gold Trust position peaked at $59.6M in Q2 2013.
908 funds tracked by Wall St. Rank held SPDR Gold Trust as of Q4 2016.

Based on Highfields Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.