Franklin Responsibly Sourced Gold ETF
FGDL
8 hedge funds and large institutions have $68.8M invested in Franklin Responsibly Sourced Gold ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 1 closing their positions.
116.85% more ownership
Funds ownership: 126.39% → 243.23% (+117%)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
14% more funds holding
Funds holding: 7 → 8 (+1)
6% more capital invested
Capital invested by funds: $65M → $68.8M (+$3.78M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$38.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.31M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$423K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$67K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$34.4M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.4M |
| 3 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$500K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$231K |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $38.3M | +$38.4M | +1,453,488 | +3,717% |
|
|
2
Franklin Resources
San Mateo,
California
| $20.1M | -$34.4M | -1,300,000 | -62% |
|
|
3
Bank of Montreal
Toronto,
Ontario, Canada
| $3.63M | +$3.31M | +125,140 | +985% |
|
|
3AM
4
3EDGE Asset Management
Naples,
Florida
| $3.13M | -$500K | -18,916 | -13% |
|
|
5
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| $3.01M | -$148K | -5,600 | -5% |
|
|
FTUS
6
Flow Traders U.S.
New York
| $410K | +$423K | +15,985 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $65K | +$67K | +2,532 | New |
|
|
8
Osaic Holdings
Scottsdale,
Arizona
| $64.9K | -$1.4M | -52,840 | -95% |
|
|
9
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$231K | -8,749 | Closed |
|
FGDL Hedge Fund Activity: Q2 2023 in Review
8 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Franklin Responsibly Sourced Gold ETF (FGDL) for Q2 2023, worth a combined $68.8M — up 5.8% from $65M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FGDL positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Jane Street, adding an estimated $38.4M. The largest seller was Franklin Resources, cutting an estimated $34.4M.
- 8 institutional investors held Franklin Responsibly Sourced Gold ETF (FGDL) as of Q2 2023, up from 7 in Q1 2023.
- Funds reported $68.8M of Franklin Responsibly Sourced Gold ETF stock for Q2 2023, up 5.8% quarter-over-quarter.
- 2 funds opened new Franklin Responsibly Sourced Gold ETF positions in Q2 2023 and 1 closed out, a net change of +1 holder.
- The largest Franklin Responsibly Sourced Gold ETF buyer in Q2 2023 was Jane Street, an estimated $38.4M added.
- The largest Franklin Responsibly Sourced Gold ETF seller in Q2 2023 was Franklin Resources, an estimated $34.4M sold.
Based on aggregated 13F filings for Q2 2023.