We are live on ! Find out more
GLD icon

SPDR Gold Trust
GLD

811 hedge funds and large institutions have $11B invested in SPDR Gold Trust in 2014 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 231 increasing their positions, 341 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more call options, than puts

Call options by funds: $6.42B | Put options by funds: $4.3B

40% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 67

21% more funds holding in top 10

Funds holding in top 10: 70 → 85 (+15)

7% more capital invested

Capital invested by funds: $10.2B → $11B (+$741M)

2% more funds holding

Funds holding: 792 → 811 (+19)

1.28% more ownership

Funds ownership: 31.93% → 33.21% (+1.3%)

32% less repeat investments, than reductions

Existing positions increased: 231 | Existing positions reduced: 341

Holders
811
Holders Change
+19
Holders Change %
+2.4%
% of All Funds
23.43%
Holding in Top 10
85
Holding in Top 10 Change
+15
Holding in Top 10 Change %
+21.43%
% of All Funds
2.46%
New
94
Increased
231
Reduced
341
Closed
67
Calls
$6.42B
Puts
$4.3B
Net Calls
+$2.12B
Net Calls Change
-$1.82B

Top Buyers

Rank Fund Capital Flow
1
HA
Hamel Associates
New Jersey
+$386M
2
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
+$206M
3
ICP
Indus Capital Partners
New York
+$198M
4
SIM
Stelliam Investment Management
New York
+$103M
5
Morgan Stanley
Morgan Stanley
New York
+$103M

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$246M
2
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$231M
3
CTC (Chicago Trading Company)
CTC (Chicago Trading Company)
Illinois
-$175M
4
Goldman Sachs
Goldman Sachs
New York
-$116M
5
Allianz Asset Management
Allianz Asset Management
Germany
-$101M
Name Holding Trade Value Shares
Change 		Change in
Stake
BCM
826
Bluefin Capital Management
New York
– -$2.48M -19,880 Closed
BP
827
Banyan Partners
Florida
– -$2.28M -19,619 Closed
CM
828
CoreCommodity Management
Connecticut
– -$2.05M -17,688 Closed
PAG
829
Pinnacle Advisory Group
Maryland
– -$1.77M -15,282 Closed
BFIC
830
Bedell Frazier Investment Counselling
California
– -$1.6M -13,773 Closed
Verition Fund Management
831
Verition Fund Management
Connecticut
– -$1.58M -13,602 Closed
DCM
832
Dialectic Capital Management
Connecticut
– -$1.43M -12,340 Closed
TM
833
TigerShark Management
New York
– -$1.26M -10,813 Closed
SAIG
834
Semper Augustus Investments Group
Colorado
– -$1.16M -10,000 Closed
RJA
835
Robshaw & Julian Associates
New York
– -$1.12M -9,640 Closed
ST
836
Spot Trading
Illinois
– -$1.17M -9,389 Closed
IAM
837
Iridian Asset Management
Connecticut
– -$782K -6,733 Closed
LCM
838
Laurion Capital Management
New York
– -$752K -6,474 Closed
SCM
839
Southport Capital Management
Tennessee
– -$742K -6,388 Closed
WG
840
Welch Group
Alabama
– -$742K -6,387 Closed
BAAM
841
Baker Avenue Asset Management
California
– -$700K -6,032 Closed
KFC
842
Klingenstein Fields & Co
New York
– -$647K -5,569 Closed
DWT
843
Dorsey & Whitney Trust
South Dakota
– -$589K -5,076 Closed
FNYS
844
First New York Securities
New York
– -$623K -5,000 Closed
SGCA
845
Steel Grove Capital Advisors
Tennessee
– -$547K -4,712 Closed
CS
846
Comerica Securities
Michigan
– -$521K -4,487 Closed
SGC
847
South Georgia Capital
Illinois
– -$496K -4,274 Closed
FNBOO
848
First National Bank of Omaha
Nebraska
– -$482K -4,149 Closed
RP
849
Reinhart Partners
Wisconsin
– -$389K -3,352 Closed
SIC
850
Salem Investment Counselors
North Carolina
– -$348K -3,000 Closed
32 33
34
35 36

GLD Hedge Fund Activity: Q1 2014 in Review

811 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q1 2014, worth a combined $11B — up 7.3% from $10.2B a quarter earlier.

Buyers outnumbered sellers: 94 funds opened new GLD positions and 67 closed out — a net gain of 27 holders — while 231 added to existing stakes and 341 trimmed.

The largest buyer was Hamel Associates, adding an estimated $386M. The largest seller was Susquehanna International Group, cutting an estimated $246M.

  • 811 institutional investors held SPDR Gold Trust (GLD) as of Q1 2014, up from 792 in Q4 2013.
  • Funds reported $11B of SPDR Gold Trust stock for Q1 2014, up 7.3% quarter-over-quarter.
  • 94 funds opened new SPDR Gold Trust positions in Q1 2014 and 67 closed out, a net change of +27 holders.
  • The largest SPDR Gold Trust buyer in Q1 2014 was Hamel Associates, an estimated $386M added.
  • The largest SPDR Gold Trust seller in Q1 2014 was Susquehanna International Group, an estimated $246M sold.

Based on aggregated 13F filings for Q1 2014.