SPDR Gold Trust
GLD
1,830 hedge funds and large institutions have $20.4B invested in SPDR Gold Trust in 2022 Q4 according to their latest regulatory filings, with 236 funds opening new positions, 437 increasing their positions, 780 reducing their positions, and 118 closing their positions.
100% more first-time investments, than exits
New positions opened: 236 | Existing positions closed: 118
65% more call options, than puts
Call options by funds: $17.1B | Put options by funds: $10.4B
12% more capital invested
Capital invested by funds: $18.2B → $20.4B (+$2.2B)
4% more funds holding
Funds holding: 1,754 → 1,830 (+76)
2% more funds holding in top 10
Funds holding in top 10: 165 → 168 (+3)
1.79% more ownership
Funds ownership: 36.18% → 37.97% (+1.8%)
44% less repeat investments, than reductions
Existing positions increased: 437 | Existing positions reduced: 780
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$941M |
| 2 |
Goldman Sachs
New York
|
+$113M |
| 3 |
FFM
Fullerton Fund Management
Singapore
|
+$98.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$73.3M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$70M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$191M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$175M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$152M |
| 4 |
First Eagle Investment Management
New York
|
-$146M |
| 5 |
Morgan Stanley
New York
|
-$78.9M |
GLD Hedge Fund Activity: Q4 2022 in Review
1,830 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q4 2022, worth a combined $20.4B — up 12% from $18.2B a quarter earlier.
Buyers outnumbered sellers: 236 funds opened new GLD positions and 118 closed out — a net gain of 118 holders — while 437 added to existing stakes and 780 trimmed.
The largest buyer was Jane Street, adding an estimated $941M. The largest seller was TD Asset Management, cutting an estimated $191M.
- 1,830 institutional investors held SPDR Gold Trust (GLD) as of Q4 2022, up from 1,754 in Q3 2022.
- Funds reported $20.4B of SPDR Gold Trust stock for Q4 2022, up 12% quarter-over-quarter.
- 236 funds opened new SPDR Gold Trust positions in Q4 2022 and 118 closed out, a net change of +118 holders.
- The largest SPDR Gold Trust buyer in Q4 2022 was Jane Street, an estimated $941M added.
- The largest SPDR Gold Trust seller in Q4 2022 was TD Asset Management, an estimated $191M sold.
Based on aggregated 13F filings for Q4 2022.