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SPDR Gold Trust

2,025 hedge funds and large institutions have $25B invested in SPDR Gold Trust in 2023 Q4 according to their latest regulatory filings, with 284 funds opening new positions, 586 increasing their positions, 761 reducing their positions, and 80 closing their positions.

New
Increased
Maintained
Reduced
Closed

255% more first-time investments, than exits

New positions opened: 284 | Existing positions closed: 80

88% more call options, than puts

Call options by funds: $28.8B | Put options by funds: $15.3B

26% more capital invested

Capital invested by funds: $19.8B → $25B (+$5.16B)

10% more funds holding

Funds holding: 1,8492,025 (+176)

5% more funds holding in top 10

Funds holding in top 10: 163171 (+8)

4.52% more ownership

Funds ownership: 38.18%42.7% (+4.5%)

23% less repeat investments, than reductions

Existing positions increased: 586 | Existing positions reduced: 761

Holders
2,025
Holders Change
+176
Holders Change %
+9.52%
% of All Funds
29.52%
Holding in Top 10
171
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+4.91%
% of All Funds
2.49%
New
284
Increased
586
Reduced
761
Closed
80
Calls
$28.8B
Puts
$15.3B
Net Calls
+$13.5B
Net Calls Change
-$2.11B
Name Holding Trade Value Shares
Change
Change in
Stake
NGA
1551
Naples Global Advisors
Florida
$334K
AWM
1552
Avaii Wealth Management
Wisconsin
$333K
OP
1553
ORG Partners
Indiana
$332K +$318K +1,735 New
LSA
1554
L & S Advisors
California
$331K +$35.2K +192 +12%
HR
1555
Howe & Rusling
New York
$331K +$26.9K +147 +9%
EWM
1556
Edge Wealth Management
New York
$331K
HCP
1557
Hexagon Capital Partners
Arkansas
$331K
FWM
1558
Fairhaven Wealth Management
Illinois
$331K -$7.33K -40 -2%
CFG
1559
Cooper Financial Group
California
$330K +$2.02K +11 +0.6%
MFS
1560
Madrona Financial Services
Washington
$329K -$81.6K -445 -21%
BAM
1561
Brave Asset Management
New Jersey
$329K
LCM
1562
Logan Capital Management
Pennsylvania
$329K
WGCA
1563
Wolf Group Capital Advisors
Virginia
$328K -$5.13K -28 -1%
LT
1564
Legacy Trust
Michigan
$328K -$192K -1,045 -38%
VWM
1565
Valley Wealth Managers
New Jersey
$328K -$19.1K -104 -6%
TC
1566
Telemus Capital
Michigan
$328K -$15.6K -85 -5%
AWA
1567
Artemis Wealth Advisors
New York
$326K
JCFM
1568
JBR Co Financial Management
Oklahoma
$326K +$312K +1,705 New
CAAS
1569
Capital Asset Advisory Services
Michigan
$326K +$54.8K +299 +21%
BA
1570
Bard Associates
Illinois
$325K
CAI
1571
Capital Advisors Inc
Oklahoma
$325K -$27.9K -152 -8%
MFWP
1572
Mosaic Family Wealth Partners
Missouri
$325K -$4.21K -23 -1%
IA
1573
Insight Advisors
Pennsylvania
$322K -$172K -940 -36%
AA
1574
Alesco Advisors
New York
$322K
MCCA
1575
Mill Creek Capital Advisors
Pennsylvania
$321K

GLD Hedge Fund Activity: Q4 2023 in Review

2,025 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q4 2023, worth a combined $25B — up 26% from $19.8B a quarter earlier.

Buyers outnumbered sellers: 284 funds opened new GLD positions and 80 closed out — a net gain of 204 holders — while 586 added to existing stakes and 761 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.09B. The largest seller was Citadel Advisors, cutting an estimated $225M.

  • 2,025 institutional investors held SPDR Gold Trust (GLD) as of Q4 2023, up from 1,849 in Q3 2023.
  • Funds reported $25B of SPDR Gold Trust stock for Q4 2023, up 26% quarter-over-quarter.
  • 284 funds opened new SPDR Gold Trust positions in Q4 2023 and 80 closed out, a net change of +204 holders.
  • The largest SPDR Gold Trust buyer in Q4 2023 was Morgan Stanley, an estimated $2.09B added.
  • The largest SPDR Gold Trust seller in Q4 2023 was Citadel Advisors, an estimated $225M sold.

Based on aggregated 13F filings for Q4 2023.