Orbis World’s SPDR Gold Trust GLD Stock Holding History

Orbis World’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
2017 Q3	–	Sell	-1,188,015	Closed	-$140M	–	3
2017 Q2	$140M	Sell	1,188,015 -1,308,985	-52%	-$157M	49.43%	1
2017 Q1	$296M	Hold	2,497,000	–	–	62.65%	1
2016 Q4	$274M	Hold	2,497,000	–	–	65.08%	1
2016 Q3	$314M	Buy	2,497,000 +560,000	+29%	+$71.3M	65.45%	1
2016 Q2	$245M	Hold	1,937,000	–	–	49.96%	1
2016 Q1	$228M	Hold	1,937,000	–	–	58.56%	1
2015 Q4	$197M	Buy	+1,937,000	New	+$205M	66.67%	1

Other funds holding GLD

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

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

Paulson & Co New York $3.11B AUM 94.93% 1-Year Est. Return

Bridgewater Associates Westport, Connecticut $22.4B AUM 34.48% 1-Year Est. Return

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

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

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

Orbis World's GLD Position: Q3 2017 in Review

Orbis World sold out of SPDR Gold Trust (GLD) in Q3 2017, closing a stake of 1,188,015 shares — an estimated $140M sold.

Orbis World first reported a position in GLD in Q4 2015 and held it in 7 quarters. The position peaked at $314M in Q3 2016. 930 funds tracked by Wall St. Rank hold GLD as of Q3 2017.

Orbis World reported no remaining SPDR Gold Trust position as of Q3 2017 after selling out during the quarter.
Orbis World sold 1,188,015 SPDR Gold Trust shares in Q3 2017, an estimated $140M.
Orbis World first reported a position in SPDR Gold Trust in Q4 2015 and held it in 7 quarters.
Orbis World's SPDR Gold Trust position peaked at $314M in Q3 2016.
930 funds tracked by Wall St. Rank held SPDR Gold Trust as of Q3 2017.

Based on Orbis World's 13F filing for Q3 2017, filed 14 Nov 2017.