SPDR Gold Trust
GLD
1,030 hedge funds and large institutions have $14B invested in SPDR Gold Trust in 2017 Q4 according to their latest regulatory filings, with 169 funds opening new positions, 272 increasing their positions, 337 reducing their positions, and 61 closing their positions.
177% more first-time investments, than exits
New positions opened: 169 | Existing positions closed: 61
91% more call options, than puts
Call options by funds: $11.6B | Put options by funds: $6.06B
11% more funds holding
Funds holding: 931 → 1,030 (+99)
0.63% more ownership
Funds ownership: 39.33% → 39.96% (+0.63%)
0% more capital invested
Capital invested by funds: $14B → $14B (+$57.2M)
4% less funds holding in top 10
Funds holding in top 10: 72 → 69 (-3)
19% less repeat investments, than reductions
Existing positions increased: 272 | Existing positions reduced: 337
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$297M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$237M |
| 3 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
+$114M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$101M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$100M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$411M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$258M |
| 3 |
BlackRock
New York
|
-$143M |
| 4 |
Barclays
London,
United Kingdom
|
-$119M |
| 5 |
Citigroup
New York
|
-$117M |
GLD Hedge Fund Activity: Q4 2017 in Review
1,030 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q4 2017, worth a combined $14B — up 0.41% from $14B a quarter earlier.
Buyers outnumbered sellers: 169 funds opened new GLD positions and 61 closed out — a net gain of 108 holders — while 272 added to existing stakes and 337 trimmed.
The largest buyer was CI Investments Inc, adding an estimated $297M. The largest seller was Morgan Stanley, cutting an estimated $411M.
- 1,030 institutional investors held SPDR Gold Trust (GLD) as of Q4 2017, up from 931 in Q3 2017.
- Funds reported $14B of SPDR Gold Trust stock for Q4 2017, up 0.41% quarter-over-quarter.
- 169 funds opened new SPDR Gold Trust positions in Q4 2017 and 61 closed out, a net change of +108 holders.
- The largest SPDR Gold Trust buyer in Q4 2017 was CI Investments Inc, an estimated $297M added.
- The largest SPDR Gold Trust seller in Q4 2017 was Morgan Stanley, an estimated $411M sold.
Based on aggregated 13F filings for Q4 2017.