SPDR Gold Trust
GLD
2,070 hedge funds and large institutions have $23.4B invested in SPDR Gold Trust in 2024 Q1 according to their latest regulatory filings, with 175 funds opening new positions, 583 increasing their positions, 823 reducing their positions, and 107 closing their positions.
64% more first-time investments, than exits
New positions opened: 175 | Existing positions closed: 107
58% more call options, than puts
Call options by funds: $21.1B | Put options by funds: $13.4B
2% more funds holding
Funds holding: 2,025 → 2,070 (+45)
3.15% less ownership
Funds ownership: 42.7% → 39.55% (-3.2%)
5% less funds holding in top 10
Funds holding in top 10: 171 → 162 (-9)
6% less capital invested
Capital invested by funds: $25B → $23.4B (-$1.57B)
29% less repeat investments, than reductions
Existing positions increased: 583 | Existing positions reduced: 823
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$135M |
| 2 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$135M |
| 3 |
Squarepoint
New York
|
+$118M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$111M |
| 5 |
GFG
GR Financial Group
Tucson,
Arizona
|
+$99.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.05B |
| 2 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
-$453M |
| 3 |
Barclays
London,
United Kingdom
|
-$185M |
| 4 |
EC
Euclidean Capital
New York
|
-$184M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$160M |
GLD Hedge Fund Activity: Q1 2024 in Review
2,070 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q1 2024, worth a combined $23.4B — down 6.3% from $25B a quarter earlier.
Buyers outnumbered sellers: 175 funds opened new GLD positions and 107 closed out — a net gain of 68 holders — while 583 added to existing stakes and 823 trimmed.
The largest buyer was Jane Street, adding an estimated $135M. The largest seller was Morgan Stanley, cutting an estimated $2.05B.
- 2,070 institutional investors held SPDR Gold Trust (GLD) as of Q1 2024, up from 2,025 in Q4 2023.
- Funds reported $23.4B of SPDR Gold Trust stock for Q1 2024, down 6.3% quarter-over-quarter.
- 175 funds opened new SPDR Gold Trust positions in Q1 2024 and 107 closed out, a net change of +68 holders.
- The largest SPDR Gold Trust buyer in Q1 2024 was Jane Street, an estimated $135M added.
- The largest SPDR Gold Trust seller in Q1 2024 was Morgan Stanley, an estimated $2.05B sold.
Based on aggregated 13F filings for Q1 2024.