Passport Capital’s SPDR Gold Trust GLD Stock Holding History

Passport 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
2017 Q1	–	Sell	-5,000,000	Closed	-$548M	–	85
2016 Q4	$548M	Buy	+5,000,000	New	+$580M	9.21%	3
2016 Q2	–	Sell	-30,000	Closed	-$3.61M	–	149
2016 Q1	$3.53M	Buy	+30,000	New	+$3.4M	0.06%	74
2014 Q4	–	Sell	-12,244	Closed	-$1.42M	–	191
2014 Q3	$1.42M	Sell	12,244 -28,823	-70%	-$3.55M	0.02%	109
2014 Q2	$5.26M	Sell	41,067 -24,778	-38%	-$3.08M	0.09%	66
2014 Q1	$8.14M	Buy	65,845 +61,513	+1,420%	+$7.67M	0.22%	47
2013 Q4	$503K	Sell	4,332 -8,168	-65%	-$1M	0.02%	112
2013 Q3	$1.6M	Sell	12,500 -6,400	-34%	-$822K	0.05%	89
2013 Q2	$2.25M	Buy	+18,900	New	+$2.59M	0.07%	98

Other funds holding GLD

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

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

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

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

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

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

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Orbis World Road Town, Tortola, British Virgin Islands $154M AUM 2.78% 1-Year Est. Return

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

Passport Capital's GLD Position: Q1 2017 in Review

Passport Capital sold out of SPDR Gold Trust (GLD) in Q1 2017, closing a stake of 5,000,000 shares — an estimated $548M sold.

Passport Capital first reported a position in GLD in Q2 2013 and held it in 8 quarters. The position peaked at $548M in Q4 2016. 914 funds tracked by Wall St. Rank hold GLD as of Q1 2017.

Passport Capital reported no remaining SPDR Gold Trust position as of Q1 2017 after selling out during the quarter.
Passport Capital sold 5,000,000 SPDR Gold Trust shares in Q1 2017, an estimated $548M.
Passport Capital first reported a position in SPDR Gold Trust in Q2 2013 and held it in 8 quarters.
Passport Capital's SPDR Gold Trust position peaked at $548M in Q4 2016.
914 funds tracked by Wall St. Rank held SPDR Gold Trust as of Q1 2017.

Based on Passport Capital's 13F filing for Q1 2017, filed 15 May 2017.