SPDR Gold Trust
GLD
2,026 hedge funds and large institutions have $22.9B invested in SPDR Gold Trust in 2023 Q4 according to their latest regulatory filings, with 287 funds opening new positions, 585 increasing their positions, 760 reducing their positions, and 80 closing their positions.
259% more first-time investments, than exits
New positions opened: 287 | Existing positions closed: 80
88% more call options, than puts
Call options by funds: $28.8B | Put options by funds: $15.3B
16% more capital invested
Capital invested by funds: $19.8B → $22.9B (+$3.12B)
10% more funds holding
Funds holding: 1,847 → 2,026 (+179)
6% more funds holding in top 10
Funds holding in top 10: 162 → 171 (+9)
1.02% more ownership
Funds ownership: 38.12% → 39.14% (+1%)
23% less repeat investments, than reductions
Existing positions increased: 585 | Existing positions reduced: 760
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTC (Chicago Trading Company)
Chicago,
Illinois
|
+$434M |
| 2 |
Barclays
London,
United Kingdom
|
+$172M |
| 3 |
Millennium Management
New York
|
+$133M |
| 4 |
Morgan Stanley
New York
|
+$118M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$225M |
| 2 |
SF
Synovus Financial
Columbus,
Georgia
|
-$123M |
| 3 |
Twin Tree Management
Dallas,
Texas
|
-$107M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$78.1M |
| 5 |
DI
DAGCO Inc
Westlake,
Ohio
|
-$70.9M |
GLD Hedge Fund Activity: Q4 2023 in Review
2,026 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q4 2023, worth a combined $22.9B — up 16% from $19.8B a quarter earlier.
Buyers outnumbered sellers: 287 funds opened new GLD positions and 80 closed out — a net gain of 207 holders — while 585 added to existing stakes and 760 trimmed.
The largest buyer was CTC (Chicago Trading Company), opening a new position worth an estimated $434M. The largest seller was Citadel Advisors, cutting an estimated $225M.
- 2,026 institutional investors held SPDR Gold Trust (GLD) as of Q4 2023, up from 1,847 in Q3 2023.
- Funds reported $22.9B of SPDR Gold Trust stock for Q4 2023, up 16% quarter-over-quarter.
- 287 funds opened new SPDR Gold Trust positions in Q4 2023 and 80 closed out, a net change of +207 holders.
- The largest SPDR Gold Trust buyer in Q4 2023 was CTC (Chicago Trading Company), an estimated $434M added.
- The largest SPDR Gold Trust seller in Q4 2023 was Citadel Advisors, an estimated $225M sold.
Based on aggregated 13F filings for Q4 2023.