SPDR Gold Trust
GLD
761 hedge funds and large institutions have $13.5B invested in SPDR Gold Trust in 2013 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 185 increasing their positions, 371 reducing their positions, and 75 closing their positions.
114% more call options, than puts
Call options by funds: $12.2B | Put options by funds: $5.7B
2% less capital invested
Capital invested by funds: $13.9B → $13.5B (-$317M)
1.15% less ownership
Funds ownership: 35.57% → 34.42% (-1.1%)
2% less funds holding
Funds holding: 777 → 761 (-16)
8% less funds holding in top 10
Funds holding in top 10: 92 → 85 (-7)
12% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 75
50% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 371
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
+$161M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$147M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$143M |
| 4 |
Morgan Stanley
New York
|
+$71.1M |
| 5 |
VF
Virtu Financial
New York
|
+$65.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$349M |
| 2 |
JP Morgan Chase
New York
|
-$167M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$116M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$112M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$103M |
GLD Hedge Fund Activity: Q3 2013 in Review
761 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q3 2013, worth a combined $13.5B — down 2.3% from $13.9B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of GLD and 66 opened new positions — a net loss of 9 holders — while 371 trimmed existing stakes and 185 added.
The largest buyer was CTC (Chicago Trading Company), adding an estimated $161M. The largest seller was Goldman Sachs, cutting an estimated $349M.
- 761 institutional investors held SPDR Gold Trust (GLD) as of Q3 2013, down from 777 in Q2 2013.
- Funds reported $13.5B of SPDR Gold Trust stock for Q3 2013, down 2.3% quarter-over-quarter.
- 66 funds opened new SPDR Gold Trust positions in Q3 2013 and 75 closed out, a net change of -9 holders.
- The largest SPDR Gold Trust buyer in Q3 2013 was CTC (Chicago Trading Company), an estimated $161M added.
- The largest SPDR Gold Trust seller in Q3 2013 was Goldman Sachs, an estimated $349M sold.
Based on aggregated 13F filings for Q3 2013.