SPDR Gold Trust
GLD
913 hedge funds and large institutions have $12B invested in SPDR Gold Trust in 2017 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 291 increasing their positions, 321 reducing their positions, and 74 closing their positions.
268% more call options, than puts
Call options by funds: $16.7B | Put options by funds: $4.55B
26% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 74
14% more funds holding in top 10
Funds holding in top 10: 66 → 75 (+9)
1% more funds holding
Funds holding: 907 → 913 (+6)
1% less capital invested
Capital invested by funds: $12.1B → $12B (-$102M)
9% less repeat investments, than reductions
Existing positions increased: 291 | Existing positions reduced: 321
3.74% less ownership
Funds ownership: 38.88% → 35.14% (-3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.96B |
| 2 |
JP Morgan Chase
New York
|
+$282M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$165M |
| 4 |
Morgan Stanley
New York
|
+$106M |
| 5 |
Jane Street
New York
|
+$98.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$760M |
| 2 |
PC
Passport Capital
San Francisco,
California
|
-$548M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$295M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$123M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$111M |
GLD Hedge Fund Activity: Q1 2017 in Review
913 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q1 2017, worth a combined $12B — down 0.85% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new GLD positions and 74 closed out — a net gain of 19 holders — while 291 added to existing stakes and 321 trimmed.
The largest buyer was BlackRock, adding an estimated $1.96B. The largest seller was UBS Group, cutting an estimated $760M.
- 913 institutional investors held SPDR Gold Trust (GLD) as of Q1 2017, up from 907 in Q4 2016.
- Funds reported $12B of SPDR Gold Trust stock for Q1 2017, down 0.85% quarter-over-quarter.
- 93 funds opened new SPDR Gold Trust positions in Q1 2017 and 74 closed out, a net change of +19 holders.
- The largest SPDR Gold Trust buyer in Q1 2017 was BlackRock, an estimated $1.96B added.
- The largest SPDR Gold Trust seller in Q1 2017 was UBS Group, an estimated $760M sold.
Based on aggregated 13F filings for Q1 2017.