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SPDR Gold Trust

1,614 hedge funds and large institutions have $20B invested in SPDR Gold Trust in 2021 Q3 according to their latest regulatory filings, with 98 funds opening new positions, 556 increasing their positions, 568 reducing their positions, and 117 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more call options, than puts

Call options by funds: $14.2B | Put options by funds: $11.9B

2% less repeat investments, than reductions

Existing positions increased: 556 | Existing positions reduced: 568

1.04% less ownership

Funds ownership: 36.96%35.92% (-1%)

3% less funds holding

Funds holding: 1,6581,614 (-44)

8% less funds holding in top 10

Funds holding in top 10: 135124 (-11)

9% less capital invested

Capital invested by funds: $22B → $20B (-$1.93B)

16% less first-time investments, than exits

New positions opened: 98 | Existing positions closed: 117

Holders
1,614
Holders Change
-44
Holders Change %
-2.65%
% of All Funds
28.25%
Holding in Top 10
124
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-8.15%
% of All Funds
2.17%
New
98
Increased
556
Reduced
568
Closed
117
Calls
$14.2B
Puts
$11.9B
Net Calls
+$2.28B
Net Calls Change
-$3.03B
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$2.19B -$197M -1,175,476 -8%
Morgan Stanley
2
Morgan Stanley
New York
$1.83B -$268M -1,601,796 -13%
UBS Group
3
UBS Group
Switzerland
$897M -$163M -975,778 -15%
Wells Fargo
4
Wells Fargo
California
$753M -$58.5M -349,714 -7%
First Eagle Investment Management
5
First Eagle Investment Management
New York
$643M -$14.9M -88,937 -2%
Mackenzie Financial
6
Mackenzie Financial
Ontario, Canada
$448M +$19.4M +115,634 +4%
BA
7
Bridgewater Associates
Connecticut
$393M +$130M +775,650 +48%
LPL Financial
8
LPL Financial
California
$332M +$14.2M +84,577 +4%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$322M -$440K -2,627 -0.1%
WI
10
WealthNavi Inc
Japan
$309M +$21.1M +126,031 +7%
JP Morgan Chase
11
JP Morgan Chase
New York
$308M +$58.7M +350,611 +23%
HighTower Advisors
12
HighTower Advisors
Illinois
$281M +$9.04M +54,017 +3%
MB
13
Mizuho Bank
Japan
$271M
SG Americas Securities
14
SG Americas Securities
New York
$238M -$35.7M -213,527 -13%
OAG
15
Orbis Allan Gray
Bermuda
$215M -$3.08M -18,423 -1%
Ameriprise
16
Ameriprise
Minnesota
$213M -$9.72M -58,069 -4%
CFM
17
Comprehensive Financial Management
California
$212M
Goldman Sachs
18
Goldman Sachs
New York
$202M -$34.7M -207,474 -14%
SF
19
Synovus Financial
Georgia
$180M +$1.44M +8,625 +0.8%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$179M -$3.41M -20,359 -2%
BlackRock
21
BlackRock
New York
$172M -$112M -668,911 -39%
BS
22
Banco Santander
Spain
$166M +$127M +756,714 +299%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$159M -$6.75M -40,351 -4%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$158M -$3.46M -20,679 -2%
Osaic Holdings
25
Osaic Holdings
Arizona
$154M -$145K -869 -0.1%

GLD Hedge Fund Activity: Q3 2021 in Review

1,614 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q3 2021, worth a combined $20B — down 8.8% from $22B a quarter earlier.

Sellers outnumbered buyers: 117 funds closed out of GLD and 98 opened new positions — a net loss of 19 holders — while 568 trimmed existing stakes and 556 added.

The largest buyer was Fidelity International, adding an estimated $138M. The largest seller was CI Investments Inc, cutting an estimated $607M.

  • 1,614 institutional investors held SPDR Gold Trust (GLD) as of Q3 2021, down from 1,658 in Q2 2021.
  • Funds reported $20B of SPDR Gold Trust stock for Q3 2021, down 8.8% quarter-over-quarter.
  • 98 funds opened new SPDR Gold Trust positions in Q3 2021 and 117 closed out, a net change of -19 holders.
  • The largest SPDR Gold Trust buyer in Q3 2021 was Fidelity International, an estimated $138M added.
  • The largest SPDR Gold Trust seller in Q3 2021 was CI Investments Inc, an estimated $607M sold.

Based on aggregated 13F filings for Q3 2021.