SPDR Gold Trust
GLD
899 hedge funds and large institutions have $19.1B invested in SPDR Gold Trust in 2016 Q2 according to their latest regulatory filings, with 127 funds opening new positions, 344 increasing their positions, 250 reducing their positions, and 63 closing their positions.
279% more call options, than puts
Call options by funds: $25.7B | Put options by funds: $6.78B
102% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 63
50% more capital invested
Capital invested by funds: $12.8B → $19.1B (+$6.36B)
38% more repeat investments, than reductions
Existing positions increased: 344 | Existing positions reduced: 250
19% more funds holding in top 10
Funds holding in top 10: 88 → 105 (+17)
8.72% more ownership
Funds ownership: 38.64% → 47.36% (+8.7%)
7% more funds holding
Funds holding: 842 → 899 (+57)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$681M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$556M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$514M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$382M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$375M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
-$167M |
| 2 |
EPCM
Eton Park Capital Management
New York
|
-$139M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$132M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$118M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$75.4M |
GLD Hedge Fund Activity: Q2 2016 in Review
899 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q2 2016, worth a combined $19.1B — up 50% from $12.8B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new GLD positions and 63 closed out — a net gain of 64 holders — while 344 added to existing stakes and 250 trimmed.
The largest buyer was CI Investments Inc, adding an estimated $681M. The largest seller was CTC (Chicago Trading Company), cutting an estimated $167M.
- 899 institutional investors held SPDR Gold Trust (GLD) as of Q2 2016, up from 842 in Q1 2016.
- Funds reported $19.1B of SPDR Gold Trust stock for Q2 2016, up 50% quarter-over-quarter.
- 127 funds opened new SPDR Gold Trust positions in Q2 2016 and 63 closed out, a net change of +64 holders.
- The largest SPDR Gold Trust buyer in Q2 2016 was CI Investments Inc, an estimated $681M added.
- The largest SPDR Gold Trust seller in Q2 2016 was CTC (Chicago Trading Company), an estimated $167M sold.
Based on aggregated 13F filings for Q2 2016.