SPDR Gold Trust
GLD
920 hedge funds and large institutions have $12.5B invested in SPDR Gold Trust in 2017 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 289 increasing their positions, 308 reducing their positions, and 63 closing their positions.
204% more call options, than puts
Call options by funds: $15.3B | Put options by funds: $5.06B
27% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 63
5% more capital invested
Capital invested by funds: $12B → $12.5B (+$552M)
0.89% more ownership
Funds ownership: 35.14% → 36.03% (+0.89%)
1% more funds holding
Funds holding: 913 → 920 (+7)
6% less repeat investments, than reductions
Existing positions increased: 289 | Existing positions reduced: 308
5% less funds holding in top 10
Funds holding in top 10: 75 → 71 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$213M |
| 2 |
BlackRock
New York
|
+$192M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$188M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$136M |
| 5 |
Citigroup
New York
|
+$81.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$297M |
| 2 |
OW
Orbis World
Road Town, Tortola,
British Virgin Islands
|
-$157M |
| 3 |
Goldman Sachs
New York
|
-$121M |
| 4 |
Morgan Stanley
New York
|
-$92.8M |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$51M |
GLD Hedge Fund Activity: Q2 2017 in Review
920 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q2 2017, worth a combined $12.5B — up 4.6% from $12B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new GLD positions and 63 closed out — a net gain of 17 holders — while 289 added to existing stakes and 308 trimmed.
The largest buyer was Bank of America, adding an estimated $213M. The largest seller was JP Morgan Chase, cutting an estimated $297M.
- 920 institutional investors held SPDR Gold Trust (GLD) as of Q2 2017, up from 913 in Q1 2017.
- Funds reported $12.5B of SPDR Gold Trust stock for Q2 2017, up 4.6% quarter-over-quarter.
- 80 funds opened new SPDR Gold Trust positions in Q2 2017 and 63 closed out, a net change of +17 holders.
- The largest SPDR Gold Trust buyer in Q2 2017 was Bank of America, an estimated $213M added.
- The largest SPDR Gold Trust seller in Q2 2017 was JP Morgan Chase, an estimated $297M sold.
Based on aggregated 13F filings for Q2 2017.