SPDR Gold Trust
GLD
1,849 hedge funds and large institutions have $19.8B invested in SPDR Gold Trust in 2023 Q3 according to their latest regulatory filings, with 89 funds opening new positions, 505 increasing their positions, 793 reducing their positions, and 121 closing their positions.
133% more call options, than puts
Call options by funds: $27.4B | Put options by funds: $11.8B
0.42% less ownership
Funds ownership: 38.6% → 38.18% (-0.42%)
3% less funds holding
Funds holding: 1,902 → 1,849 (-53)
3% less funds holding in top 10
Funds holding in top 10: 168 → 163 (-5)
9% less capital invested
Capital invested by funds: $21.8B → $19.8B (-$2.02B)
26% less first-time investments, than exits
New positions opened: 89 | Existing positions closed: 121
36% less repeat investments, than reductions
Existing positions increased: 505 | Existing positions reduced: 793
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$246M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$143M |
| 3 |
SG Americas Securities
New York
|
+$106M |
| 4 |
EC
Euclidean Capital
New York
|
+$90.7M |
| 5 |
DI
DAGCO Inc
Westlake,
Ohio
|
+$69.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$524M |
| 2 |
PG
Prostatis Group
Hanover,
Maryland
|
-$279M |
| 3 |
Morgan Stanley
New York
|
-$270M |
| 4 |
Goldman Sachs
New York
|
-$118M |
| 5 |
AssetMark Inc
Concord,
California
|
-$109M |
GLD Hedge Fund Activity: Q3 2023 in Review
1,849 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q3 2023, worth a combined $19.8B — down 9.3% from $21.8B a quarter earlier.
Sellers outnumbered buyers: 121 funds closed out of GLD and 89 opened new positions — a net loss of 32 holders — while 793 trimmed existing stakes and 505 added.
The largest buyer was Citadel Advisors, adding an estimated $246M. The largest seller was BlackRock, cutting an estimated $524M.
- 1,849 institutional investors held SPDR Gold Trust (GLD) as of Q3 2023, down from 1,902 in Q2 2023.
- Funds reported $19.8B of SPDR Gold Trust stock for Q3 2023, down 9.3% quarter-over-quarter.
- 89 funds opened new SPDR Gold Trust positions in Q3 2023 and 121 closed out, a net change of -32 holders.
- The largest SPDR Gold Trust buyer in Q3 2023 was Citadel Advisors, an estimated $246M added.
- The largest SPDR Gold Trust seller in Q3 2023 was BlackRock, an estimated $524M sold.
Based on aggregated 13F filings for Q3 2023.