SPDR Gold Trust
GLD
1,902 hedge funds and large institutions have $21.8B invested in SPDR Gold Trust in 2023 Q2 according to their latest regulatory filings, with 133 funds opening new positions, 684 increasing their positions, 667 reducing their positions, and 114 closing their positions.
115% more call options, than puts
Call options by funds: $20.7B | Put options by funds: $9.65B
17% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 114
3% more repeat investments, than reductions
Existing positions increased: 684 | Existing positions reduced: 667
0.35% more ownership
Funds ownership: 38.25% → 38.6% (+0.35%)
0% less funds holding
Funds holding: 1,903 → 1,902 (-1)
2% less capital invested
Capital invested by funds: $22.2B → $21.8B (-$403M)
7% less funds holding in top 10
Funds holding in top 10: 181 → 168 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$435M |
| 2 |
PG
Prostatis Group
Hanover,
Maryland
|
+$287M |
| 3 |
AssetMark Inc
Concord,
California
|
+$118M |
| 4 |
Barclays
London,
United Kingdom
|
+$114M |
| 5 |
EC
Euclidean Capital
New York
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
-$325M |
| 2 |
MB
Mizuho Bank
Tokyo,
Japan
|
-$165M |
| 3 |
BA
Bridgewater Associates
Westport,
Connecticut
|
-$162M |
| 4 |
Jane Street
New York
|
-$131M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$99.7M |
GLD Hedge Fund Activity: Q2 2023 in Review
1,902 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q2 2023, worth a combined $21.8B — down 1.8% from $22.2B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new GLD positions and 114 closed out — a net gain of 19 holders — while 684 added to existing stakes and 667 trimmed.
The largest buyer was BlackRock, adding an estimated $435M. The largest seller was CTC (Chicago Trading Company), exiting entirely with an estimated $325M sold.
- 1,902 institutional investors held SPDR Gold Trust (GLD) as of Q2 2023, down from 1,903 in Q1 2023.
- Funds reported $21.8B of SPDR Gold Trust stock for Q2 2023, down 1.8% quarter-over-quarter.
- 133 funds opened new SPDR Gold Trust positions in Q2 2023 and 114 closed out, a net change of +19 holders.
- The largest SPDR Gold Trust buyer in Q2 2023 was BlackRock, an estimated $435M added.
- The largest SPDR Gold Trust seller in Q2 2023 was CTC (Chicago Trading Company), an estimated $325M sold.
Based on aggregated 13F filings for Q2 2023.