Franklin Responsibly Sourced Gold ETF
FGDL
6 hedge funds and large institutions have $20.7M invested in Franklin Responsibly Sourced Gold ETF in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
25% less funds holding
Funds holding: 8 → 6 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
70% less capital invested
Capital invested by funds: $68.8M → $20.7M (-$48.1M)
167.51% less ownership
Funds ownership: 243.23% → 75.72% (-168%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$3.1M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$24.2M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$20.1M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$3.01M |
| 4 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$1.89M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $13.6M | -$24.2M | -941,205 | -63% |
|
|
FTUS
2
Flow Traders U.S.
New York
| $3.37M | +$3.1M | +120,372 | +753% |
|
|
3
Bank of Montreal
Toronto,
Ontario, Canada
| $2.2M | -$1.35M | -52,431 | -38% |
|
|
3AM
4
3EDGE Asset Management
Naples,
Florida
| $1.18M | -$1.89M | -73,562 | -60% |
|
|
5
Commonwealth Equity Services
Waltham,
Massachusetts
| $216K | +$226K | +8,755 | New |
|
6
Osaic Holdings
Scottsdale,
Arizona
| $62.5K | – | – | – |
|
|
7
Franklin Resources
San Mateo,
California
| – | -$20.1M | -785,000 | Closed |
|
|
8
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$3.01M | -117,000 | Closed |
|
9
UBS Group
Zurich,
Switzerland
| – | -$65K | -2,532 | Closed |
|
FGDL Hedge Fund Activity: Q3 2023 in Review
6 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Franklin Responsibly Sourced Gold ETF (FGDL) for Q3 2023, worth a combined $20.7M — down 70% from $68.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FGDL and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Flow Traders U.S., adding an estimated $3.1M. The largest seller was Jane Street, cutting an estimated $24.2M.
- 6 institutional investors held Franklin Responsibly Sourced Gold ETF (FGDL) as of Q3 2023, down from 8 in Q2 2023.
- Funds reported $20.7M of Franklin Responsibly Sourced Gold ETF stock for Q3 2023, down 70% quarter-over-quarter.
- 1 fund opened new Franklin Responsibly Sourced Gold ETF positions in Q3 2023 and 3 closed out, a net change of -2 holders.
- The largest Franklin Responsibly Sourced Gold ETF buyer in Q3 2023 was Flow Traders U.S., an estimated $3.1M added.
- The largest Franklin Responsibly Sourced Gold ETF seller in Q3 2023 was Jane Street, an estimated $24.2M sold.
Based on aggregated 13F filings for Q3 2023.