SPDR Gold Trust
GLD
1,279 hedge funds and large institutions have $17B invested in SPDR Gold Trust in 2019 Q4 according to their latest regulatory filings, with 211 funds opening new positions, 400 increasing their positions, 400 reducing their positions, and 72 closing their positions.
193% more first-time investments, than exits
New positions opened: 211 | Existing positions closed: 72
97% more call options, than puts
Call options by funds: $18.8B | Put options by funds: $9.55B
11% more funds holding
Funds holding: 1,153 → 1,279 (+126)
3% more funds holding in top 10
Funds holding in top 10: 115 → 119 (+4)
0.02% more ownership
Funds ownership: 39.47% → 39.48% (+0.02%)
0% more repeat investments, than reductions
Existing positions increased: 400 | Existing positions reduced: 400
1% less capital invested
Capital invested by funds: $17.3B → $17B (-$252M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$273M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$265M |
| 3 |
JFA
Johanson Financial Advisors
Campbell,
California
|
+$102M |
| 4 |
Millennium Management
New York
|
+$97.9M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$91.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$558M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$464M |
| 3 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$295M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$210M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$205M |
GLD Hedge Fund Activity: Q4 2019 in Review
1,279 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q4 2019, worth a combined $17B — down 1.5% from $17.3B a quarter earlier.
Buyers outnumbered sellers: 211 funds opened new GLD positions and 72 closed out — a net gain of 139 holders — while 400 added to existing stakes and 400 trimmed.
The largest buyer was BlackRock, adding an estimated $273M. The largest seller was Morgan Stanley, cutting an estimated $558M.
- 1,279 institutional investors held SPDR Gold Trust (GLD) as of Q4 2019, up from 1,153 in Q3 2019.
- Funds reported $17B of SPDR Gold Trust stock for Q4 2019, down 1.5% quarter-over-quarter.
- 211 funds opened new SPDR Gold Trust positions in Q4 2019 and 72 closed out, a net change of +139 holders.
- The largest SPDR Gold Trust buyer in Q4 2019 was BlackRock, an estimated $273M added.
- The largest SPDR Gold Trust seller in Q4 2019 was Morgan Stanley, an estimated $558M sold.
Based on aggregated 13F filings for Q4 2019.