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SPDR Gold Trust

1,902 hedge funds and large institutions have $21.8B invested in SPDR Gold Trust in 2023 Q2 according to their latest regulatory filings, with 133 funds opening new positions, 684 increasing their positions, 667 reducing their positions, and 114 closing their positions.

New
Increased
Maintained
Reduced
Closed

115% more call options, than puts

Call options by funds: $20.7B | Put options by funds: $9.65B

17% more first-time investments, than exits

New positions opened: 133 | Existing positions closed: 114

3% more repeat investments, than reductions

Existing positions increased: 684 | Existing positions reduced: 667

0.35% more ownership

Funds ownership: 38.25%38.6% (+0.35%)

0% less funds holding

Funds holding: 1,9031,902 (-1)

2% less capital invested

Capital invested by funds: $22.2B → $21.8B (-$403M)

7% less funds holding in top 10

Funds holding in top 10: 181168 (-13)

Holders
1,902
Holders Change
-1
Holders Change %
-0.05%
% of All Funds
29.86%
Holding in Top 10
168
Holding in Top 10 Change
-13
Holding in Top 10 Change %
-7.18%
% of All Funds
2.64%
New
133
Increased
684
Reduced
667
Closed
114
Calls
$20.7B
Puts
$9.65B
Net Calls
+$11.1B
Net Calls Change
-$3.25B
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$2.07B +$75.1M +408,785 +4%
Bank of America
2
Bank of America
North Carolina
$2.05B -$69M -375,263 -3%
UBS Group
3
UBS Group
Switzerland
$778M +$71.5M +388,953 +10%
Wells Fargo
4
Wells Fargo
California
$717M -$11.6M -62,869 -2%
First Eagle Investment Management
5
First Eagle Investment Management
New York
$584M +$67.5M +367,326 +12%
LPL Financial
6
LPL Financial
California
$539M +$35.5M +193,438 +7%
BlackRock
7
BlackRock
New York
$522M +$435M +2,368,704 +423%
Goldman Sachs
8
Goldman Sachs
New York
$353M +$66.4M +361,291 +22%
HighTower Advisors
9
HighTower Advisors
Illinois
$349M +$15.8M +86,133 +5%
Jane Street
10
Jane Street
New York
$335M -$131M -711,556 -27%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$334M -$19M -103,415 -5%
Mackenzie Financial
12
Mackenzie Financial
Ontario, Canada
$291M +$18.1M +98,358 +6%
Ameriprise
13
Ameriprise
Minnesota
$280M +$34.5M +187,792 +14%
WI
14
WealthNavi Inc
Japan
$267M -$15.4M -83,832 -5%
CFM
15
Comprehensive Financial Management
California
$230M
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$229M +$9.28M +50,514 +4%
Barclays
17
Barclays
United Kingdom
$201M +$114M +619,291 +122%
OAG
18
Orbis Allan Gray
Bermuda
$193M +$2.8M +15,236 +1%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$193M +$20.4M +110,761 +11%
Osaic Holdings
20
Osaic Holdings
Arizona
$182M -$3.93M -21,408 -2%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$175M +$24.9M +135,278 +17%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$171M -$3.63M -19,768 -2%
SF
23
Synovus Financial
Georgia
$162M -$4.05M -22,021 -2%
RJA
24
Raymond James & Associates
Florida
$162M +$8.13M +44,245 +5%
State Street
25
State Street
Massachusetts
$151M +$23.1M +125,656 +17%

GLD Hedge Fund Activity: Q2 2023 in Review

1,902 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q2 2023, worth a combined $21.8B — down 1.8% from $22.2B a quarter earlier.

Buyers outnumbered sellers: 133 funds opened new GLD positions and 114 closed out — a net gain of 19 holders — while 684 added to existing stakes and 667 trimmed.

The largest buyer was BlackRock, adding an estimated $435M. The largest seller was CTC (Chicago Trading Company), exiting entirely with an estimated $325M sold.

  • 1,902 institutional investors held SPDR Gold Trust (GLD) as of Q2 2023, down from 1,903 in Q1 2023.
  • Funds reported $21.8B of SPDR Gold Trust stock for Q2 2023, down 1.8% quarter-over-quarter.
  • 133 funds opened new SPDR Gold Trust positions in Q2 2023 and 114 closed out, a net change of +19 holders.
  • The largest SPDR Gold Trust buyer in Q2 2023 was BlackRock, an estimated $435M added.
  • The largest SPDR Gold Trust seller in Q2 2023 was CTC (Chicago Trading Company), an estimated $325M sold.

Based on aggregated 13F filings for Q2 2023.