SPDR Gold Trust
GLD
1,756 hedge funds and large institutions have $18.2B invested in SPDR Gold Trust in 2022 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 417 increasing their positions, 841 reducing their positions, and 173 closing their positions.
88% more call options, than puts
Call options by funds: $20.3B | Put options by funds: $10.8B
2.12% less ownership
Funds ownership: 38.42% → 36.3% (-2.1%)
6% less funds holding
Funds holding: 1,870 → 1,756 (-114)
21% less capital invested
Capital invested by funds: $23B → $18.2B (-$4.81B)
21% less funds holding in top 10
Funds holding in top 10: 209 → 165 (-44)
46% less first-time investments, than exits
New positions opened: 93 | Existing positions closed: 173
50% less repeat investments, than reductions
Existing positions increased: 417 | Existing positions reduced: 841
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$165M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$70.3M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$68M |
| 4 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
+$56.1M |
| 5 |
AS
Akuna Securities
Chicago,
Illinois
|
+$44.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$327M |
| 2 |
Morgan Stanley
New York
|
-$209M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$206M |
| 4 |
Goldman Sachs
New York
|
-$182M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$155M |
GLD Hedge Fund Activity: Q3 2022 in Review
1,756 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q3 2022, worth a combined $18.2B — down 21% from $23B a quarter earlier.
Sellers outnumbered buyers: 173 funds closed out of GLD and 93 opened new positions — a net loss of 80 holders — while 841 trimmed existing stakes and 417 added.
The largest buyer was BlueCrest Capital Management, adding an estimated $165M. The largest seller was Proficio Capital Partners, cutting an estimated $327M.
- 1,756 institutional investors held SPDR Gold Trust (GLD) as of Q3 2022, down from 1,870 in Q2 2022.
- Funds reported $18.2B of SPDR Gold Trust stock for Q3 2022, down 21% quarter-over-quarter.
- 93 funds opened new SPDR Gold Trust positions in Q3 2022 and 173 closed out, a net change of -80 holders.
- The largest SPDR Gold Trust buyer in Q3 2022 was BlueCrest Capital Management, an estimated $165M added.
- The largest SPDR Gold Trust seller in Q3 2022 was Proficio Capital Partners, an estimated $327M sold.
Based on aggregated 13F filings for Q3 2022.