Franklin Responsibly Sourced Gold ETF
FGDL
7 hedge funds and large institutions have $8.38M invested in Franklin Responsibly Sourced Gold ETF in 2024 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 1 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
27% more capital invested
Capital invested by funds: $6.61M → $8.38M (+$1.77M)
8.33% less ownership
Funds ownership: 21.78% → 13.45% (-8.3%)
13% less funds holding
Funds holding: 8 → 7 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.47M |
| 2 |
3AM
3EDGE Asset Management
Naples,
Florida
|
+$1.2M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$8.03K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.36K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$905K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$578K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$717 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
3AM
1
3EDGE Asset Management
Naples,
Florida
| $2.58M | +$1.2M | +43,203 | +99% |
|
|
FTUS
2
Flow Traders U.S.
New York
| $2.35M | -$578K | -20,892 | -21% |
|
|
3
Bank of Montreal
Toronto,
Ontario, Canada
| $2.01M | +$1.47M | +52,960 | +361% |
|
|
4
Jane Street
New York
| $1.14M | -$905K | -32,714 | -46% |
|
|
5
Commonwealth Equity Services
Waltham,
Massachusetts
| $261K | +$1.36K | +49 | +0.6% |
|
|
6
Osaic Holdings
Scottsdale,
Arizona
| $38.5K | +$8.03K | +290 | +29% |
|
|
7
UBS Group
Zurich,
Switzerland
| $1.69K | +$1.16K | +42 | +280% |
|
|
8
Fidelity Investments
Boston,
Massachusetts
| – | -$717 | -26 | Closed |
|
FGDL Hedge Fund Activity: Q1 2024 in Review
7 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Franklin Responsibly Sourced Gold ETF (FGDL) for Q1 2024, worth a combined $8.38M — up 27% from $6.61M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FGDL and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 5 added.
The largest buyer was Bank of Montreal, adding an estimated $1.47M. The largest seller was Jane Street, cutting an estimated $905K.
- 7 institutional investors held Franklin Responsibly Sourced Gold ETF (FGDL) as of Q1 2024, down from 8 in Q4 2023.
- Funds reported $8.38M of Franklin Responsibly Sourced Gold ETF stock for Q1 2024, up 27% quarter-over-quarter.
- 0 funds opened new Franklin Responsibly Sourced Gold ETF positions in Q1 2024 and 1 closed out, a net change of -1 holder.
- The largest Franklin Responsibly Sourced Gold ETF buyer in Q1 2024 was Bank of Montreal, an estimated $1.47M added.
- The largest Franklin Responsibly Sourced Gold ETF seller in Q1 2024 was Jane Street, an estimated $905K sold.
Based on aggregated 13F filings for Q1 2024.