SPDR Gold Trust
GLD
780 hedge funds and large institutions have $8.62B invested in SPDR Gold Trust in 2015 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 197 increasing their positions, 328 reducing their positions, and 52 closing their positions.
125% more call options, than puts
Call options by funds: $8.32B | Put options by funds: $3.71B
27% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 52
0.63% more ownership
Funds ownership: 31.72% → 32.36% (+0.63%)
1% more funds holding
Funds holding: 776 → 780 (+4)
4% less capital invested
Capital invested by funds: $8.99B → $8.62B (-$368M)
6% less funds holding in top 10
Funds holding in top 10: 54 → 51 (-3)
40% less repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 328
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFO
Duquesne Family Office
New York
|
+$330M |
| 2 |
Morgan Stanley
New York
|
+$145M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$65.6M |
| 4 |
First Eagle Investment Management
New York
|
+$61.3M |
| 5 |
SIM
Stelliam Investment Management
New York
|
+$58.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$650M |
| 2 |
PC
Paulson & Co
New York
|
-$114M |
| 3 |
CPH
C Partners Holding
Zurich,
Switzerland
|
-$77.9M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$67M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$61.5M |
GLD Hedge Fund Activity: Q2 2015 in Review
780 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q2 2015, worth a combined $8.62B — down 4.1% from $8.99B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new GLD positions and 52 closed out — a net gain of 14 holders — while 197 added to existing stakes and 328 trimmed.
The largest buyer was Duquesne Family Office, opening a new position worth an estimated $330M. The largest seller was CI Investments Inc, cutting an estimated $650M.
- 780 institutional investors held SPDR Gold Trust (GLD) as of Q2 2015, up from 776 in Q1 2015.
- Funds reported $8.62B of SPDR Gold Trust stock for Q2 2015, down 4.1% quarter-over-quarter.
- 66 funds opened new SPDR Gold Trust positions in Q2 2015 and 52 closed out, a net change of +14 holders.
- The largest SPDR Gold Trust buyer in Q2 2015 was Duquesne Family Office, an estimated $330M added.
- The largest SPDR Gold Trust seller in Q2 2015 was CI Investments Inc, an estimated $650M sold.
Based on aggregated 13F filings for Q2 2015.