Saiers Capital’s SPDR Gold Trust GLD Stock Holding History

Saiers 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
2015 Q1	–	Sell	-200,000	Closed	-$22.7M	–	236
2014 Q4	$22.7M	Buy	200,000 +186,600	+1,393%	+$21.5M	7.18%	2
2014 Q3	$1.56M	Buy	+13,400	New	+$1.65M	0.69%	35
2014 Q2	–	Sell	-478,364	Closed	-$59.1M	–	240
2014 Q1	$59.1M	Buy	478,364 +247,734	+107%	+$30.9M	16.8%	1
2013 Q4	$26.8M	Buy	+230,630	New	+$28.3M	1.55%	3

Other funds holding GLD

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

CI Investments Inc Toronto, Ontario, Canada $20.6B AUM 29.22% 1-Year Est. Return

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

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

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

D.E. Shaw & Co New York $166B AUM 43.98% 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

Saiers Capital's GLD Position: Q1 2015 in Review

Saiers Capital sold out of SPDR Gold Trust (GLD) in Q1 2015, closing a stake of 200,000 shares — an estimated $22.7M sold.

Saiers Capital first reported a position in GLD in Q4 2013 and held it in 4 quarters. The position peaked at $59.1M in Q1 2014. 775 funds tracked by Wall St. Rank hold GLD as of Q1 2015.

Saiers Capital reported no remaining SPDR Gold Trust position as of Q1 2015 after selling out during the quarter.
Saiers Capital sold 200,000 SPDR Gold Trust shares in Q1 2015, an estimated $22.7M.
Saiers Capital first reported a position in SPDR Gold Trust in Q4 2013 and held it in 4 quarters.
Saiers Capital's SPDR Gold Trust position peaked at $59.1M in Q1 2014.
775 funds tracked by Wall St. Rank held SPDR Gold Trust as of Q1 2015.

Based on Saiers Capital's 13F filing for Q1 2015, filed 13 May 2015.