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SPDR Gold Trust

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.

New
Increased
Maintained
Reduced
Closed

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: 1,6851,601 (-84)

24% less funds holding in top 10

Funds holding in top 10: 206156 (-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

Holders
1,601
Holders Change
-84
Holders Change %
-4.99%
% of All Funds
28.11%
Holding in Top 10
156
Holding in Top 10 Change
-50
Holding in Top 10 Change %
-24.27%
% of All Funds
2.74%
New
109
Increased
586
Reduced
626
Closed
173
Calls
$17.6B
Puts
$11.1B
Net Calls
+$6.44B
Net Calls Change
-$8.91B
Name Holding Trade Value Shares
Change
Change in
Stake
TWM
101
Tanglewood Wealth Management
Texas
$28.8M +$1.26M +7,488 +4%
AAM
102
American Asset Management
Florida
$28.7M +$1.23M +7,347 +4%
Cerity Partners
103
Cerity Partners
New York
$28.4M +$17.7M +105,377 +147%
PWAC
104
Private Wealth Advisors (California)
California
$28M +$4.23M +25,176 +17%
Creative Planning
105
Creative Planning
Kansas
$27.9M +$1.58M +9,382 +6%
LG
106
Leuthold Group
Minnesota
$27.6M +$195K +1,160 +0.7%
RCYC
107
Richard C. Young & Co
Rhode Island
$27.5M -$137K -815 -0.5%
PWPCM
108
Perella Weinberg Partners Capital Management
New York
$27.2M -$10.9M -64,984 -28%
SFS
109
Sowell Financial Services
Arkansas
$26.5M -$2.62M -15,568 -9%
William Blair & Company
110
William Blair & Company
Illinois
$26.2M -$9.4M -55,906 -25%
Lazard Asset Management
111
Lazard Asset Management
New York
$26.1M +$88.6K +527 +0.3%
FWM
112
Frontier Wealth Management
Missouri
$26.1M -$14M -83,442 -34%
CTC
113
Central Trust Company
Missouri
$25.6M -$5.13M -30,510 -16%
MSL
114
Mackay Shields LLC
New York
$25.2M -$3.35M -19,950 -11%
BOTW
115
Bank of the West
California
$24.9M +$2.15M +12,770 +9%
GT
116
Glenmede Trust
Pennsylvania
$24.7M -$5.36M -31,888 -17%
LF
117
Lee Financial
Texas
$23.2M -$2.28M -13,569 -9%
CTA
118
Chesley Taft & Associates
Illinois
$23M -$47.1K -280 -0.2%
Mercer Global Advisors
119
Mercer Global Advisors
Colorado
$23M -$3.55M -21,114 -13%
Neuberger Berman Group
120
Neuberger Berman Group
New York
$22.5M -$182M -1,084,200 -89%
ANTB
121
AMG National Trust Bank
Colorado
$21.9M +$3.32M +19,756 +17%
CAN
122
Cetera Advisor Networks
California
$21.6M -$4.19M -24,944 -16%
MSWM
123
Mader & Shannon Wealth Management
Missouri
$21.5M +$251K +1,491 +1%
CAPTRUST Financial Advisors
124
CAPTRUST Financial Advisors
North Carolina
$21.5M +$385K +2,292 +2%
BRWA
125
B. Riley Wealth Advisors
Florida
$20.7M +$5.76M +34,291 +37%

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 1,685 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.