SPDR Gold Trust
GLD
810 hedge funds and large institutions have $11.8B invested in SPDR Gold Trust in 2014 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 236 increasing their positions, 332 reducing their positions, and 61 closing their positions.
159% more call options, than puts
Call options by funds: $8.9B | Put options by funds: $3.44B
8% more capital invested
Capital invested by funds: $11B → $11.8B (+$852M)
2% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 61
0% less funds holding
Funds holding: 811 → 810 (-1)
1.31% less ownership
Funds ownership: 33.21% → 31.89% (-1.3%)
7% less funds holding in top 10
Funds holding in top 10: 85 → 79 (-6)
29% less repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 332
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
+$103M |
| 2 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$98.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$81.4M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$70.3M |
| 5 |
AssetMark Inc
Concord,
California
|
+$68.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hamel Associates
Chatham,
New Jersey
|
-$385M |
| 2 |
ICP
Indus Capital Partners
New York
|
-$197M |
| 3 |
JP Morgan Chase
New York
|
-$195M |
| 4 |
Morgan Stanley
New York
|
-$132M |
| 5 |
AAM
American Asset Management
Boca Raton,
Florida
|
-$101M |
GLD Hedge Fund Activity: Q2 2014 in Review
810 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q2 2014, worth a combined $11.8B — up 7.8% from $11B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new GLD positions and 61 closed out — a net gain of 1 holder — while 236 added to existing stakes and 332 trimmed.
The largest buyer was CTC (Chicago Trading Company), adding an estimated $103M. The largest seller was Hamel Associates, cutting an estimated $385M.
- 810 institutional investors held SPDR Gold Trust (GLD) as of Q2 2014, down from 811 in Q1 2014.
- Funds reported $11.8B of SPDR Gold Trust stock for Q2 2014, up 7.8% quarter-over-quarter.
- 62 funds opened new SPDR Gold Trust positions in Q2 2014 and 61 closed out, a net change of +1 holder.
- The largest SPDR Gold Trust buyer in Q2 2014 was CTC (Chicago Trading Company), an estimated $103M added.
- The largest SPDR Gold Trust seller in Q2 2014 was Hamel Associates, an estimated $385M sold.
Based on aggregated 13F filings for Q2 2014.