SPDR Gold Trust
GLD
730 hedge funds and large institutions have $6.25B invested in SPDR Gold Trust in 2015 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 153 increasing their positions, 351 reducing their positions, and 96 closing their positions.
160% more call options, than puts
Call options by funds: $11.6B | Put options by funds: $4.48B
3% less funds holding
Funds holding: 753 → 730 (-23)
4.59% less ownership
Funds ownership: 32.96% → 28.37% (-4.6%)
13% less funds holding in top 10
Funds holding in top 10: 55 → 48 (-7)
14% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 96
21% less capital invested
Capital invested by funds: $7.94B → $6.25B (-$1.69B)
56% less repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 351
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$248M |
| 2 |
Citigroup
New York
|
+$115M |
| 3 |
Barclays
London,
United Kingdom
|
+$61.8M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$61.3M |
| 5 |
Belvedere Trading
Chicago,
Illinois
|
+$41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$521M |
| 2 |
PC
Paulson & Co
New York
|
-$366M |
| 3 |
Morgan Stanley
New York
|
-$326M |
| 4 |
D.E. Shaw & Co
New York
|
-$135M |
| 5 |
SG Americas Securities
New York
|
-$126M |
GLD Hedge Fund Activity: Q4 2015 in Review
730 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q4 2015, worth a combined $6.25B — down 21% from $7.94B a quarter earlier.
Sellers outnumbered buyers: 96 funds closed out of GLD and 83 opened new positions — a net loss of 13 holders — while 351 trimmed existing stakes and 153 added.
The largest buyer was Fidelity Investments, adding an estimated $248M. The largest seller was Credit Suisse, cutting an estimated $521M.
- 730 institutional investors held SPDR Gold Trust (GLD) as of Q4 2015, down from 753 in Q3 2015.
- Funds reported $6.25B of SPDR Gold Trust stock for Q4 2015, down 21% quarter-over-quarter.
- 83 funds opened new SPDR Gold Trust positions in Q4 2015 and 96 closed out, a net change of -13 holders.
- The largest SPDR Gold Trust buyer in Q4 2015 was Fidelity Investments, an estimated $248M added.
- The largest SPDR Gold Trust seller in Q4 2015 was Credit Suisse, an estimated $521M sold.
Based on aggregated 13F filings for Q4 2015.