SPDR Gold Trust
GLD
1,100 hedge funds and large institutions have $14.3B invested in SPDR Gold Trust in 2019 Q2 according to their latest regulatory filings, with 116 funds opening new positions, 327 increasing their positions, 388 reducing their positions, and 89 closing their positions.
57% more call options, than puts
Call options by funds: $14.1B | Put options by funds: $9.01B
30% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 89
8% more capital invested
Capital invested by funds: $13.3B → $14.3B (+$1.06B)
1% more funds holding
Funds holding: 1,089 → 1,100 (+11)
0% more funds holding in top 10
Funds holding in top 10: 97 → 97 (0)
1.31% less ownership
Funds ownership: 40.73% → 39.42% (-1.3%)
16% less repeat investments, than reductions
Existing positions increased: 327 | Existing positions reduced: 388
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$253M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$149M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$128M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$127M |
| 5 |
MB
Mizuho Bank
Tokyo,
Japan
|
+$80.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$383M |
| 2 |
JP Morgan Chase
New York
|
-$276M |
| 3 |
EIM
Elephas Investment Management
Hong Kong
|
-$141M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$141M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$108M |
GLD Hedge Fund Activity: Q2 2019 in Review
1,100 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q2 2019, worth a combined $14.3B — up 8% from $13.3B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new GLD positions and 89 closed out — a net gain of 27 holders — while 327 added to existing stakes and 388 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $253M. The largest seller was Morgan Stanley, cutting an estimated $383M.
- 1,100 institutional investors held SPDR Gold Trust (GLD) as of Q2 2019, up from 1,089 in Q1 2019.
- Funds reported $14.3B of SPDR Gold Trust stock for Q2 2019, up 8% quarter-over-quarter.
- 116 funds opened new SPDR Gold Trust positions in Q2 2019 and 89 closed out, a net change of +27 holders.
- The largest SPDR Gold Trust buyer in Q2 2019 was Goldman Sachs, an estimated $253M added.
- The largest SPDR Gold Trust seller in Q2 2019 was Morgan Stanley, an estimated $383M sold.
Based on aggregated 13F filings for Q2 2019.