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

Moon 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
2015 Q4	–	Sell	-323,997	Closed	-$34.6M	–	24
2015 Q3	$34.6M	Hold	323,997	–	–	20.34%	1
2015 Q2	$36.4M	Hold	323,997	–	–	20.39%	1
2015 Q1	$36.8M	Buy	323,997 +62,119	+24%	+$7.27M	21.01%	1
2014 Q4	$29.7M	Hold	261,878	–	–	18.94%	1
2014 Q3	$30.4M	Hold	261,878	–	–	19.51%	1
2014 Q2	$33.5M	Buy	261,878 +28,782	+12%	+$3.58M	19.07%	1
2014 Q1	$28.8M	Hold	233,096	–	–	16.88%	1
2013 Q4	$27.1M	Hold	233,096	–	–	16.38%	1
2013 Q3	$29.9M	Hold	233,096	–	–	15.68%	1
2013 Q2	$27.8M	Buy	+233,096	New	+$31.9M	13.21%	1

Other funds holding GLD

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

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

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

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

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

Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Bank of Nova Scotia Toronto, Ontario, Canada $66.2B AUM 46.3% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $104B AUM 28.3% 1-Year Est. Return

Moon Capital Management's GLD Position: Q4 2015 in Review

Moon Capital Management sold out of SPDR Gold Trust (GLD) in Q4 2015, closing a stake of 323,997 shares — an estimated $34.6M sold.

Moon Capital Management first reported a position in GLD in Q2 2013 and held it in 10 quarters. The position peaked at $36.8M in Q1 2015. 730 funds tracked by Wall St. Rank hold GLD as of Q4 2015.

Moon Capital Management reported no remaining SPDR Gold Trust position as of Q4 2015 after selling out during the quarter.
Moon Capital Management sold 323,997 SPDR Gold Trust shares in Q4 2015, an estimated $34.6M.
Moon Capital Management first reported a position in SPDR Gold Trust in Q2 2013 and held it in 10 quarters.
Moon Capital Management's SPDR Gold Trust position peaked at $36.8M in Q1 2015.
730 funds tracked by Wall St. Rank held SPDR Gold Trust as of Q4 2015.

Based on Moon Capital Management's 13F filing for Q4 2015, filed 16 Feb 2016.