SPDR Gold Trust
GLD
1,345 hedge funds and large institutions have $19.3B invested in SPDR Gold Trust in 2020 Q1 according to their latest regulatory filings, with 187 funds opening new positions, 544 increasing their positions, 397 reducing their positions, and 100 closing their positions.
87% more first-time investments, than exits
New positions opened: 187 | Existing positions closed: 100
52% more call options, than puts
Call options by funds: $21.2B | Put options by funds: $13.9B
46% more funds holding in top 10
Funds holding in top 10: 119 → 174 (+55)
37% more repeat investments, than reductions
Existing positions increased: 544 | Existing positions reduced: 397
13% more capital invested
Capital invested by funds: $17B → $19.3B (+$2.26B)
5% more funds holding
Funds holding: 1,278 → 1,345 (+67)
2.69% more ownership
Funds ownership: 39.48% → 42.18% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$803M |
| 2 |
Morgan Stanley
New York
|
+$404M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$192M |
| 4 |
EC
Eminence Capital
New York
|
+$161M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$144M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$737M |
| 2 |
PC
Paulson & Co
New York
|
-$361M |
| 3 |
SG Americas Securities
New York
|
-$168M |
| 4 |
JP Morgan Chase
New York
|
-$140M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$130M |
GLD Hedge Fund Activity: Q1 2020 in Review
1,345 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q1 2020, worth a combined $19.3B — up 13% from $17B a quarter earlier.
Buyers outnumbered sellers: 187 funds opened new GLD positions and 100 closed out — a net gain of 87 holders — while 544 added to existing stakes and 397 trimmed.
The largest buyer was BlackRock, adding an estimated $803M. The largest seller was Fidelity International, cutting an estimated $737M.
- 1,345 institutional investors held SPDR Gold Trust (GLD) as of Q1 2020, up from 1,278 in Q4 2019.
- Funds reported $19.3B of SPDR Gold Trust stock for Q1 2020, up 13% quarter-over-quarter.
- 187 funds opened new SPDR Gold Trust positions in Q1 2020 and 100 closed out, a net change of +87 holders.
- The largest SPDR Gold Trust buyer in Q1 2020 was BlackRock, an estimated $803M added.
- The largest SPDR Gold Trust seller in Q1 2020 was Fidelity International, an estimated $737M sold.
Based on aggregated 13F filings for Q1 2020.