SPDR Gold Trust
GLD
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.
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: 1,849 → 2,025 (+176)
5% more funds holding in top 10
Funds holding in top 10: 163 → 171 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.09B |
| 2 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
+$434M |
| 3 |
Barclays
London,
United Kingdom
|
+$172M |
| 4 |
Millennium Management
New York
|
+$133M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$225M |
| 2 |
SF
Synovus Financial
Columbus,
Georgia
|
-$123M |
| 3 |
Twin Tree Management
Dallas,
Texas
|
-$107M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$78.1M |
| 5 |
DI
DAGCO Inc
Westlake,
Ohio
|
-$70.9M |
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.