SPDR Gold Trust
GLD
3,053 hedge funds and large institutions have $49B invested in SPDR Gold Trust in 2026 Q2 according to their latest regulatory filings, with 149 funds opening new positions, 1,021 increasing their positions, 1,174 reducing their positions, and 231 closing their positions.
51% more call options, than puts
Call options by funds: $65.8B | Put options by funds: $43.5B
0.91% more ownership
Funds ownership: 36.99% → 37.9% (+0.91%)
4% less funds holding
Funds holding: 3,182 → 3,053 (-129)
13% less repeat investments, than reductions
Existing positions increased: 1,021 | Existing positions reduced: 1,174
14% less capital inflows, than outflows
Capital inflows: $4.65B | Capital outflows: $5.39B
35% less first-time investments, than exits
New positions opened: 149 | Existing positions closed: 231
38% less funds holding in top 10
Funds holding in top 10: 349 → 216 (-133)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$636M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$518M |
| 3 |
Mizuho Bank
Tokyo,
Japan
|
+$336M |
| 4 |
Allie Family Office
Miami,
Florida
|
+$287M |
| 5 |
Bank of Korea
Seoul,
South Korea
|
+$282M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arizona Public Safety Personnel Retirement System (PSPRS) Trust
Phoenix,
Arizona
|
-$312M |
| 2 |
Jain Global
New York
|
-$205M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$198M |
| 4 |
JP Morgan Chase
New York
|
-$194M |
| 5 |
Brevan Howard Capital Management
St. Helier,
Jersey
|
-$184M |
GLD Hedge Fund Activity: Q2 2026 in Review
3,053 of the 8,376 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q2 2026, worth a combined $49B — down 16% from $58.5B a quarter earlier.
Sellers outnumbered buyers: 231 funds closed out of GLD and 149 opened new positions — a net loss of 82 holders — while 1,174 trimmed existing stakes and 1,021 added.
The largest buyer was BlackRock, adding an estimated $636M. The largest seller was Arizona Public Safety Personnel Retirement System (PSPRS) Trust, exiting entirely with an estimated $312M sold.
- 3,053 institutional investors held SPDR Gold Trust (GLD) as of Q2 2026, down from 3,182 in Q1 2026.
- Funds reported $49B of SPDR Gold Trust stock for Q2 2026, down 16% quarter-over-quarter.
- 149 funds opened new SPDR Gold Trust positions in Q2 2026 and 231 closed out, a net change of -82 holders.
- The largest SPDR Gold Trust buyer in Q2 2026 was BlackRock, an estimated $636M added.
- The largest SPDR Gold Trust seller in Q2 2026 was Arizona Public Safety Personnel Retirement System (PSPRS) Trust, an estimated $312M sold.
Based on aggregated 13F filings for Q2 2026.