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SPDR Gold Trust

1,831 hedge funds and large institutions have $26.5B invested in SPDR Gold Trust in 2022 Q4 according to their latest regulatory filings, with 236 funds opening new positions, 438 increasing their positions, 780 reducing their positions, and 119 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% more first-time investments, than exits

New positions opened: 236 | Existing positions closed: 119

71% more call options, than puts

Call options by funds: $19.5B | Put options by funds: $11.4B

46% more capital invested

Capital invested by funds: $18.2B → $26.5B (+$8.29B)

4% more funds holding

Funds holding: 1,7561,831 (+75)

1.88% more ownership

Funds ownership: 36.3%38.19% (+1.9%)

2% more funds holding in top 10

Funds holding in top 10: 165168 (+3)

44% less repeat investments, than reductions

Existing positions increased: 438 | Existing positions reduced: 780

Holders
1,831
Holders Change
+75
Holders Change %
+4.27%
% of All Funds
29.43%
Holding in Top 10
168
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+1.82%
% of All Funds
2.7%
New
236
Increased
438
Reduced
780
Closed
119
Calls
$19.5B
Puts
$11.4B
Net Calls
+$8.1B
Net Calls Change
-$1.37B
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
26
Raymond James & Associates
Florida
$140M +$3.46M +21,500 +3%
US Bancorp
27
US Bancorp
Minnesota
$128M +$9.02M +55,989 +8%
SG Americas Securities
28
SG Americas Securities
New York
$127M -$21.5M -133,581 -15%
Bank of New York Mellon
29
Bank of New York Mellon
New York
$127M +$29.4M +182,724 +32%
AL
30
Arnhold LLC
New York
$125M -$868K -5,388 -0.7%
CTC (Chicago Trading Company)
31
CTC (Chicago Trading Company)
Illinois
$114M +$52M +322,912 +92%
National Bank of Canada
32
National Bank of Canada
Quebec, Canada
$112M +$70M +434,764 +193%
WM
33
WS Management
Florida
$111M +$16.1M +100,000 +18%
Millennium Management
34
Millennium Management
New York
$108M +$59.8M +371,040 +139%
FFM
35
Fullerton Fund Management
Singapore
$106M +$98.2M +609,469 +4,847%
TD Asset Management
36
TD Asset Management
Ontario, Canada
$99.3M -$191M -1,187,579 -67%
Barclays
37
Barclays
United Kingdom
$97.5M +$22.1M +137,084 +31%
Wellington Management Group
38
Wellington Management Group
Massachusetts
$96.9M +$20.6M +128,183 +29%
BlackRock
39
BlackRock
New York
$95M -$11.5M -71,401 -11%
BFP
40
Briaud Financial Planning
Texas
$92.3M +$1.2M +7,443 +1%
JP Morgan Chase
41
JP Morgan Chase
New York
$91.5M -$27.3M -169,601 -24%
Northern Trust
42
Northern Trust
Illinois
$90.8M -$5.12M -31,810 -6%
Cambridge Investment Research Advisors
43
Cambridge Investment Research Advisors
Iowa
$90.3M +$5.13M +31,845 +6%
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$89.6M +$22.5M +139,649 +36%
Rockefeller Capital Management
45
Rockefeller Capital Management
New York
$86.8M -$15.2M -94,180 -16%
DPRC
46
Deer Park Road Corp
Colorado
$84.8M
PNC Financial Services Group
47
PNC Financial Services Group
Pennsylvania
$83.4M +$15.4M +95,803 +24%
BL
48
Bleichroeder LP
New York
$80.6M
Truist Financial
49
Truist Financial
North Carolina
$80M -$8.69M -53,956 -10%
ZCA
50
Zeke Capital Advisors
Pennsylvania
$74.6M +$13M +80,748 +22%

GLD Hedge Fund Activity: Q4 2022 in Review

1,831 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q4 2022, worth a combined $26.5B — up 46% from $18.2B a quarter earlier.

Buyers outnumbered sellers: 236 funds opened new GLD positions and 119 closed out — a net gain of 117 holders — while 438 added to existing stakes and 780 trimmed.

The largest buyer was Jane Street, adding an estimated $941M. The largest seller was TD Asset Management, cutting an estimated $191M.

  • 1,831 institutional investors held SPDR Gold Trust (GLD) as of Q4 2022, up from 1,756 in Q3 2022.
  • Funds reported $26.5B of SPDR Gold Trust stock for Q4 2022, up 46% quarter-over-quarter.
  • 236 funds opened new SPDR Gold Trust positions in Q4 2022 and 119 closed out, a net change of +117 holders.
  • The largest SPDR Gold Trust buyer in Q4 2022 was Jane Street, an estimated $941M added.
  • The largest SPDR Gold Trust seller in Q4 2022 was TD Asset Management, an estimated $191M sold.

Based on aggregated 13F filings for Q4 2022.