SPDR Gold Trust
GLD
920 hedge funds and large institutions have $16.3B invested in SPDR Gold Trust in 2016 Q3 according to their latest regulatory filings, with 94 funds opening new positions, 354 increasing their positions, 260 reducing their positions, and 59 closing their positions.
392% more call options, than puts
Call options by funds: $28.6B | Put options by funds: $5.83B
59% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 59
36% more repeat investments, than reductions
Existing positions increased: 354 | Existing positions reduced: 260
2% more funds holding
Funds holding: 899 → 920 (+21)
5% less funds holding in top 10
Funds holding in top 10: 105 → 100 (-5)
7.01% less ownership
Funds ownership: 47.36% → 40.35% (-7%)
15% less capital invested
Capital invested by funds: $19.1B → $16.3B (-$2.89B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$437M |
| 2 |
Jane Street
New York
|
+$196M |
| 3 |
Morgan Stanley
New York
|
+$192M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$172M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$91.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$1.19B |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$571M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$410M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$315M |
| 5 |
EPCM
Eton Park Capital Management
New York
|
-$310M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HRC
976
Hoertkorn Richard Charles
| – | -$69K | -547 | Closed |
|
|
AIP
977
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$46K | -370 | Closed |
|
|
SCM
978
Southport Capital Management
Chattanooga,
Tennessee
| – | -$45K | -357 | Closed |
|
979
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$30K | -235 | Closed |
|
980
Axa
Paris,
France
| – | -$14K | -108 | Closed |
|
|
SFG
981
SevenBridge Financial Group
Harrisburg,
Pennsylvania
| – | -$14K | -108 | Closed |
|
|
KA
982
Klingman & Associates
New York
| – | +$127 | +1 | New |
|
GLD Hedge Fund Activity: Q3 2016 in Review
920 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q3 2016, worth a combined $16.3B — down 15% from $19.1B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new GLD positions and 59 closed out — a net gain of 35 holders — while 354 added to existing stakes and 260 trimmed.
The largest buyer was UBS Group, adding an estimated $437M. The largest seller was CI Investments Inc, cutting an estimated $1.19B.
- 920 institutional investors held SPDR Gold Trust (GLD) as of Q3 2016, up from 899 in Q2 2016.
- Funds reported $16.3B of SPDR Gold Trust stock for Q3 2016, down 15% quarter-over-quarter.
- 94 funds opened new SPDR Gold Trust positions in Q3 2016 and 59 closed out, a net change of +35 holders.
- The largest SPDR Gold Trust buyer in Q3 2016 was UBS Group, an estimated $437M added.
- The largest SPDR Gold Trust seller in Q3 2016 was CI Investments Inc, an estimated $1.19B sold.
Based on aggregated 13F filings for Q3 2016.