SPDR Gold Trust
GLD
842 hedge funds and large institutions have $12.8B invested in SPDR Gold Trust in 2016 Q1 according to their latest regulatory filings, with 170 funds opening new positions, 263 increasing their positions, 244 reducing their positions, and 50 closing their positions.
304% more call options, than puts
Call options by funds: $20.9B | Put options by funds: $5.17B
240% more first-time investments, than exits
New positions opened: 170 | Existing positions closed: 50
100% more capital invested
Capital invested by funds: $6.4B → $12.8B (+$6.38B)
83% more funds holding in top 10
Funds holding in top 10: 48 → 88 (+40)
16% more funds holding
Funds holding: 729 → 842 (+113)
10.26% more ownership
Funds ownership: 28.37% → 38.64% (+10%)
8% more repeat investments, than reductions
Existing positions increased: 263 | Existing positions reduced: 244
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$954M |
| 2 |
EPCM
Eton Park Capital Management
New York
|
+$406M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
+$327M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$318M |
| 5 |
JP Morgan Chase
New York
|
+$310M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Paulson & Co
New York
|
-$113M |
| 2 |
Citigroup
New York
|
-$99.9M |
| 3 |
D.E. Shaw & Co
New York
|
-$78.1M |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$75.6M |
| 5 |
Belvedere Trading
Chicago,
Illinois
|
-$35.6M |
GLD Hedge Fund Activity: Q1 2016 in Review
842 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q1 2016, worth a combined $12.8B — up 100% from $6.4B a quarter earlier.
Buyers outnumbered sellers: 170 funds opened new GLD positions and 50 closed out — a net gain of 120 holders — while 263 added to existing stakes and 244 trimmed.
The largest buyer was BlackRock Advisors, adding an estimated $954M. The largest seller was Paulson & Co, cutting an estimated $113M.
- 842 institutional investors held SPDR Gold Trust (GLD) as of Q1 2016, up from 729 in Q4 2015.
- Funds reported $12.8B of SPDR Gold Trust stock for Q1 2016, up 100% quarter-over-quarter.
- 170 funds opened new SPDR Gold Trust positions in Q1 2016 and 50 closed out, a net change of +120 holders.
- The largest SPDR Gold Trust buyer in Q1 2016 was BlackRock Advisors, an estimated $954M added.
- The largest SPDR Gold Trust seller in Q1 2016 was Paulson & Co, an estimated $113M sold.
Based on aggregated 13F filings for Q1 2016.