SPDR Gold Trust
GLD
1,551 hedge funds and large institutions have $31.7B invested in SPDR Gold Trust in 2020 Q3 according to their latest regulatory filings, with 175 funds opening new positions, 748 increasing their positions, 375 reducing their positions, and 89 closing their positions.
99% more repeat investments, than reductions
Existing positions increased: 748 | Existing positions reduced: 375
97% more first-time investments, than exits
New positions opened: 175 | Existing positions closed: 89
89% more call options, than puts
Call options by funds: $27.4B | Put options by funds: $14.5B
13% more capital invested
Capital invested by funds: $28.1B → $31.7B (+$3.61B)
5% more funds holding in top 10
Funds holding in top 10: 203 → 214 (+11)
5% more funds holding
Funds holding: 1,479 → 1,551 (+72)
0.48% less ownership
Funds ownership: 41.7% → 41.22% (-0.48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$534M |
| 2 |
Morgan Stanley
New York
|
+$350M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$299M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$215M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$194M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$364M |
| 2 |
Jane Street
New York
|
-$166M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$149M |
| 4 |
BL
Balentine LLC
Atlanta,
Georgia
|
-$132M |
| 5 |
SCM
Steadfast Capital Management
New York
|
-$129M |
GLD Hedge Fund Activity: Q3 2020 in Review
1,551 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q3 2020, worth a combined $31.7B — up 13% from $28.1B a quarter earlier.
Buyers outnumbered sellers: 175 funds opened new GLD positions and 89 closed out — a net gain of 86 holders — while 748 added to existing stakes and 375 trimmed.
The largest buyer was SG Americas Securities, adding an estimated $534M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, exiting entirely with an estimated $364M sold.
- 1,551 institutional investors held SPDR Gold Trust (GLD) as of Q3 2020, up from 1,479 in Q2 2020.
- Funds reported $31.7B of SPDR Gold Trust stock for Q3 2020, up 13% quarter-over-quarter.
- 175 funds opened new SPDR Gold Trust positions in Q3 2020 and 89 closed out, a net change of +86 holders.
- The largest SPDR Gold Trust buyer in Q3 2020 was SG Americas Securities, an estimated $534M added.
- The largest SPDR Gold Trust seller in Q3 2020 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $364M sold.
Based on aggregated 13F filings for Q3 2020.