SPDR Gold Trust
GLD
1,479 hedge funds and large institutions have $28.1B invested in SPDR Gold Trust in 2020 Q2 according to their latest regulatory filings, with 229 funds opening new positions, 631 increasing their positions, 356 reducing their positions, and 86 closing their positions.
166% more first-time investments, than exits
New positions opened: 229 | Existing positions closed: 86
99% more call options, than puts
Call options by funds: $24.3B | Put options by funds: $12.3B
77% more repeat investments, than reductions
Existing positions increased: 631 | Existing positions reduced: 356
46% more capital invested
Capital invested by funds: $19.2B → $28.1B (+$8.83B)
17% more funds holding in top 10
Funds holding in top 10: 174 → 203 (+29)
10% more funds holding
Funds holding: 1,345 → 1,479 (+134)
1.82% more ownership
Funds ownership: 39.88% → 41.7% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$730M |
| 2 |
Morgan Stanley
New York
|
+$439M |
| 3 |
CANY
Caxton Associates (New York)
New York
|
+$403M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$351M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$285M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$175M |
| 2 |
CL
Cabana LLC
Fayetteville,
Arkansas
|
-$151M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$116M |
| 4 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$113M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$111M |
GLD Hedge Fund Activity: Q2 2020 in Review
1,479 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q2 2020, worth a combined $28.1B — up 46% from $19.2B a quarter earlier.
Buyers outnumbered sellers: 229 funds opened new GLD positions and 86 closed out — a net gain of 143 holders — while 631 added to existing stakes and 356 trimmed.
The largest buyer was Bank of America, adding an estimated $730M. The largest seller was Eminence Capital, exiting entirely with an estimated $175M sold.
- 1,479 institutional investors held SPDR Gold Trust (GLD) as of Q2 2020, up from 1,345 in Q1 2020.
- Funds reported $28.1B of SPDR Gold Trust stock for Q2 2020, up 46% quarter-over-quarter.
- 229 funds opened new SPDR Gold Trust positions in Q2 2020 and 86 closed out, a net change of +143 holders.
- The largest SPDR Gold Trust buyer in Q2 2020 was Bank of America, an estimated $730M added.
- The largest SPDR Gold Trust seller in Q2 2020 was Eminence Capital, an estimated $175M sold.
Based on aggregated 13F filings for Q2 2020.