SPDR Gold Trust
GLD
3,177 hedge funds and large institutions have $58.4B invested in SPDR Gold Trust in 2026 Q1 according to their latest regulatory filings, with 280 funds opening new positions, 1,078 increasing their positions, 1,298 reducing their positions, and 135 closing their positions.
107% more first-time investments, than exits
New positions opened: 280 | Existing positions closed: 135
24% more call options, than puts
Call options by funds: $107B | Put options by funds: $86.3B
8% more funds holding in top 10
Funds holding in top 10: 322 → 349 (+27)
3% more funds holding
Funds holding: 3,084 → 3,177 (+93)
3% more capital invested
Capital invested by funds: $56.5B → $58.4B (+$1.94B)
1.17% less ownership
Funds ownership: 38.15% → 36.98% (-1.2%)
17% less repeat investments, than reductions
Existing positions increased: 1,078 | Existing positions reduced: 1,298
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$460M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$402M |
| 3 |
JP Morgan Chase
New York
|
+$391M |
| 4 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
+$248M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$241M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.34B |
| 2 |
BlackRock
New York
|
-$839M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$678M |
| 4 |
VF
Virtu Financial
New York
|
-$475M |
| 5 |
Jane Street
New York
|
-$388M |
GLD Hedge Fund Activity: Q1 2026 in Review
3,177 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q1 2026, worth a combined $58.4B — up 3.4% from $56.5B a quarter earlier.
Buyers outnumbered sellers: 280 funds opened new GLD positions and 135 closed out — a net gain of 145 holders — while 1,078 added to existing stakes and 1,298 trimmed.
The largest buyer was Barclays, adding an estimated $460M. The largest seller was Morgan Stanley, cutting an estimated $1.34B.
- 3,177 institutional investors held SPDR Gold Trust (GLD) as of Q1 2026, up from 3,084 in Q4 2025.
- Funds reported $58.4B of SPDR Gold Trust stock for Q1 2026, up 3.4% quarter-over-quarter.
- 280 funds opened new SPDR Gold Trust positions in Q1 2026 and 135 closed out, a net change of +145 holders.
- The largest SPDR Gold Trust buyer in Q1 2026 was Barclays, an estimated $460M added.
- The largest SPDR Gold Trust seller in Q1 2026 was Morgan Stanley, an estimated $1.34B sold.
Based on aggregated 13F filings for Q1 2026.