SPDR Gold Trust
GLD
1,088 hedge funds and large institutions have $13.3B invested in SPDR Gold Trust in 2019 Q1 according to their latest regulatory filings, with 115 funds opening new positions, 344 increasing their positions, 369 reducing their positions, and 94 closing their positions.
83% more call options, than puts
Call options by funds: $20.5B | Put options by funds: $11.2B
22% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 94
6% more capital invested
Capital invested by funds: $12.6B → $13.3B (+$730M)
5% more funds holding in top 10
Funds holding in top 10: 92 → 97 (+5)
2.31% more ownership
Funds ownership: 38.58% → 40.89% (+2.3%)
0% more funds holding
Funds holding: 1,086 → 1,088 (+2)
7% less repeat investments, than reductions
Existing positions increased: 344 | Existing positions reduced: 369
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$427M |
| 2 |
JP Morgan Chase
New York
|
+$266M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
+$142M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$82.8M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Elephas Investment Management
Hong Kong
|
-$280M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$170M |
| 3 |
BlackRock
New York
|
-$158M |
| 4 |
Goldman Sachs
New York
|
-$103M |
| 5 |
Morgan Stanley
New York
|
-$98.3M |
GLD Hedge Fund Activity: Q1 2019 in Review
1,088 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q1 2019, worth a combined $13.3B — up 5.8% from $12.6B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new GLD positions and 94 closed out — a net gain of 21 holders — while 344 added to existing stakes and 369 trimmed.
The largest buyer was Bank of America, adding an estimated $427M. The largest seller was Elephas Investment Management, cutting an estimated $280M.
- 1,088 institutional investors held SPDR Gold Trust (GLD) as of Q1 2019, up from 1,086 in Q4 2018.
- Funds reported $13.3B of SPDR Gold Trust stock for Q1 2019, up 5.8% quarter-over-quarter.
- 115 funds opened new SPDR Gold Trust positions in Q1 2019 and 94 closed out, a net change of +21 holders.
- The largest SPDR Gold Trust buyer in Q1 2019 was Bank of America, an estimated $427M added.
- The largest SPDR Gold Trust seller in Q1 2019 was Elephas Investment Management, an estimated $280M sold.
Based on aggregated 13F filings for Q1 2019.