SPDR Gold Trust
GLD
1,601 hedge funds and large institutions have $21.2B invested in SPDR Gold Trust in 2021 Q1 according to their latest regulatory filings, with 109 funds opening new positions, 586 increasing their positions, 626 reducing their positions, and 173 closing their positions.
58% more call options, than puts
Call options by funds: $17.6B | Put options by funds: $11.1B
6% less repeat investments, than reductions
Existing positions increased: 586 | Existing positions reduced: 626
3.82% less ownership
Funds ownership: 41.34% → 37.52% (-3.8%)
5% less funds holding
Funds holding: 1,686 → 1,601 (-85)
24% less funds holding in top 10
Funds holding in top 10: 206 → 156 (-50)
28% less capital invested
Capital invested by funds: $29.6B → $21.2B (-$8.31B)
37% less first-time investments, than exits
New positions opened: 109 | Existing positions closed: 173
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$223M |
| 2 |
TC
TownSquare Capital
Provo,
Utah
|
+$97M |
| 3 |
BFP
Briaud Financial Planning
College Station,
Texas
|
+$87.4M |
| 4 |
WI
WealthNavi Inc
Shinagawa-Ku, Tokyo,
Japan
|
+$61.6M |
| 5 |
WSCM
Wellington Shields Capital Management
New York
|
+$52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$632M |
| 2 |
CANY
Caxton Associates (New York)
New York
|
-$382M |
| 3 |
BlackRock
New York
|
-$378M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$362M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$298M |
GLD Hedge Fund Activity: Q1 2021 in Review
1,601 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q1 2021, worth a combined $21.2B — down 28% from $29.6B a quarter earlier.
Sellers outnumbered buyers: 173 funds closed out of GLD and 109 opened new positions — a net loss of 64 holders — while 626 trimmed existing stakes and 586 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $223M. The largest seller was Morgan Stanley, cutting an estimated $632M.
- 1,601 institutional investors held SPDR Gold Trust (GLD) as of Q1 2021, down from 1,686 in Q4 2020.
- Funds reported $21.2B of SPDR Gold Trust stock for Q1 2021, down 28% quarter-over-quarter.
- 109 funds opened new SPDR Gold Trust positions in Q1 2021 and 173 closed out, a net change of -64 holders.
- The largest SPDR Gold Trust buyer in Q1 2021 was Virtu Financial, an estimated $223M added.
- The largest SPDR Gold Trust seller in Q1 2021 was Morgan Stanley, an estimated $632M sold.
Based on aggregated 13F filings for Q1 2021.