SPDR Gold Trust
GLD
1,153 hedge funds and large institutions have $17.3B invested in SPDR Gold Trust in 2019 Q3 according to their latest regulatory filings, with 135 funds opening new positions, 476 increasing their positions, 299 reducing their positions, and 69 closing their positions.
96% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 69
68% more call options, than puts
Call options by funds: $16.1B | Put options by funds: $9.55B
59% more repeat investments, than reductions
Existing positions increased: 476 | Existing positions reduced: 299
21% more capital invested
Capital invested by funds: $14.3B → $17.3B (+$2.98B)
19% more funds holding in top 10
Funds holding in top 10: 97 → 115 (+18)
5% more funds holding
Funds holding: 1,100 → 1,153 (+53)
0.05% more ownership
Funds ownership: 39.42% → 39.47% (+0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$686M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$431M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$397M |
| 4 |
JP Morgan Chase
New York
|
+$260M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$200M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$213M |
| 2 |
First Eagle Investment Management
New York
|
-$155M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$133M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$133M |
| 5 |
PC
PointState Capital
New York
|
-$73M |
GLD Hedge Fund Activity: Q3 2019 in Review
1,153 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q3 2019, worth a combined $17.3B — up 21% from $14.3B a quarter earlier.
Buyers outnumbered sellers: 135 funds opened new GLD positions and 69 closed out — a net gain of 66 holders — while 476 added to existing stakes and 299 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $686M. The largest seller was Goldman Sachs, cutting an estimated $213M.
- 1,153 institutional investors held SPDR Gold Trust (GLD) as of Q3 2019, up from 1,100 in Q2 2019.
- Funds reported $17.3B of SPDR Gold Trust stock for Q3 2019, up 21% quarter-over-quarter.
- 135 funds opened new SPDR Gold Trust positions in Q3 2019 and 69 closed out, a net change of +66 holders.
- The largest SPDR Gold Trust buyer in Q3 2019 was Morgan Stanley, an estimated $686M added.
- The largest SPDR Gold Trust seller in Q3 2019 was Goldman Sachs, an estimated $213M sold.
Based on aggregated 13F filings for Q3 2019.