SPDR Gold Trust
GLD
2,214 hedge funds and large institutions have $28.5B invested in SPDR Gold Trust in 2024 Q3 according to their latest regulatory filings, with 212 funds opening new positions, 801 increasing their positions, 684 reducing their positions, and 79 closing their positions.
168% more first-time investments, than exits
New positions opened: 212 | Existing positions closed: 79
87% more capital inflows, than outflows
Capital inflows: $2.7B | Capital outflows: $1.45B
48% more call options, than puts
Call options by funds: $32.2B | Put options by funds: $21.7B
17% more repeat investments, than reductions
Existing positions increased: 801 | Existing positions reduced: 684
5% more funds holding
Funds holding: 2,110 → 2,214 (+104)
1% less funds holding in top 10
Funds holding in top 10: 169 → 168 (-1)
0.9% less ownership
Funds ownership: 39.29% → 38.39% (-0.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$207M |
| 2 |
BlackRock
New York
|
+$183M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$149M |
| 4 |
Jane Street
New York
|
+$135M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$133M |
| 2 |
Capitolis Liquid Global Markets
New York
|
-$118M |
| 3 |
GR Financial Group
Tucson,
Arizona
|
-$113M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$77.1M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$57.6M |
GLD Hedge Fund Activity: Q3 2024 in Review
2,214 of the 6,985 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q3 2024, worth a combined $28.5B — up 18% from $24.2B a quarter earlier.
Buyers outnumbered sellers: 212 funds opened new GLD positions and 79 closed out — a net gain of 133 holders — while 801 added to existing stakes and 684 trimmed.
The largest buyer was Bank of America, adding an estimated $207M. The largest seller was Morgan Stanley, cutting an estimated $133M.
- 2,214 institutional investors held SPDR Gold Trust (GLD) as of Q3 2024, up from 2,110 in Q2 2024.
- Funds reported $28.5B of SPDR Gold Trust stock for Q3 2024, up 18% quarter-over-quarter.
- 212 funds opened new SPDR Gold Trust positions in Q3 2024 and 79 closed out, a net change of +133 holders.
- The largest SPDR Gold Trust buyer in Q3 2024 was Bank of America, an estimated $207M added.
- The largest SPDR Gold Trust seller in Q3 2024 was Morgan Stanley, an estimated $133M sold.
Based on aggregated 13F filings for Q3 2024.