SPDR Gold Trust
GLD
1,685 hedge funds and large institutions have $29.6B invested in SPDR Gold Trust in 2020 Q4 according to their latest regulatory filings, with 260 funds opening new positions, 619 increasing their positions, 539 reducing their positions, and 95 closing their positions.
174% more first-time investments, than exits
New positions opened: 260 | Existing positions closed: 95
110% more call options, than puts
Call options by funds: $29.3B | Put options by funds: $13.9B
15% more repeat investments, than reductions
Existing positions increased: 619 | Existing positions reduced: 539
9% more funds holding
Funds holding: 1,551 → 1,685 (+134)
0.02% more ownership
Funds ownership: 41.32% → 41.34% (+0.02%)
4% less funds holding in top 10
Funds holding in top 10: 214 → 206 (-8)
7% less capital invested
Capital invested by funds: $31.7B → $29.6B (-$2.17B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MB
Mizuho Bank
Tokyo,
Japan
|
+$234M |
| 2 |
Barclays
London,
United Kingdom
|
+$128M |
| 3 |
Millennium Management
New York
|
+$124M |
| 4 |
Morgan Stanley
New York
|
+$123M |
| 5 |
Jane Street
New York
|
+$120M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$908M |
| 2 |
BlackRock
New York
|
-$474M |
| 3 |
BA
Bridgewater Associates
Westport,
Connecticut
|
-$436M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$232M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$224M |
GLD Hedge Fund Activity: Q4 2020 in Review
1,685 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q4 2020, worth a combined $29.6B — down 6.8% from $31.7B a quarter earlier.
Buyers outnumbered sellers: 260 funds opened new GLD positions and 95 closed out — a net gain of 165 holders — while 619 added to existing stakes and 539 trimmed.
The largest buyer was Mizuho Bank, adding an estimated $234M. The largest seller was CI Investments Inc, cutting an estimated $908M.
- 1,685 institutional investors held SPDR Gold Trust (GLD) as of Q4 2020, up from 1,551 in Q3 2020.
- Funds reported $29.6B of SPDR Gold Trust stock for Q4 2020, down 6.8% quarter-over-quarter.
- 260 funds opened new SPDR Gold Trust positions in Q4 2020 and 95 closed out, a net change of +165 holders.
- The largest SPDR Gold Trust buyer in Q4 2020 was Mizuho Bank, an estimated $234M added.
- The largest SPDR Gold Trust seller in Q4 2020 was CI Investments Inc, an estimated $908M sold.
Based on aggregated 13F filings for Q4 2020.