SPDR Gold Trust
GLD
3,042 hedge funds and large institutions have $49B invested in SPDR Gold Trust in 2026 Q2 according to their latest regulatory filings, with 146 funds opening new positions, 1,019 increasing their positions, 1,171 reducing their positions, and 230 closing their positions.
51% more call options, than puts
Call options by funds: $65.8B | Put options by funds: $43.5B
0.91% more ownership
Funds ownership: 36.98% → 37.88% (+0.91%)
4% less funds holding
Funds holding: 3,176 → 3,042 (-134)
13% less repeat investments, than reductions
Existing positions increased: 1,019 | Existing positions reduced: 1,171
16% less capital invested
Capital invested by funds: $58.4B → $49B (-$9.42B)
37% less first-time investments, than exits
New positions opened: 146 | Existing positions closed: 230
38% less funds holding in top 10
Funds holding in top 10: 349 → 216 (-133)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$636M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$518M |
| 3 |
MB
Mizuho Bank
Tokyo,
Japan
|
+$336M |
| 4 |
AFO
Allie Family Office
Miami,
Florida
|
+$287M |
| 5 |
BOK
Bank of Korea
Seoul,
South Korea
|
+$282M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APSPRSPT
Arizona Public Safety Personnel Retirement System (PSPRS) Trust
Phoenix,
Arizona
|
-$312M |
| 2 |
JG
Jain Global
New York
|
-$205M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$198M |
| 4 |
JP Morgan Chase
New York
|
-$194M |
| 5 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
-$184M |
GLD Hedge Fund Activity: Q2 2026 in Review
3,042 of the 8,345 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold Trust (GLD) for Q2 2026, worth a combined $49B — down 16% from $58.4B a quarter earlier.
Sellers outnumbered buyers: 230 funds closed out of GLD and 146 opened new positions — a net loss of 84 holders — while 1,171 trimmed existing stakes and 1,019 added.
The largest buyer was BlackRock, adding an estimated $636M. The largest seller was Arizona Public Safety Personnel Retirement System (PSPRS) Trust, exiting entirely with an estimated $312M sold.
- 3,042 institutional investors held SPDR Gold Trust (GLD) as of Q2 2026, down from 3,176 in Q1 2026.
- Funds reported $49B of SPDR Gold Trust stock for Q2 2026, down 16% quarter-over-quarter.
- 146 funds opened new SPDR Gold Trust positions in Q2 2026 and 230 closed out, a net change of -84 holders.
- The largest SPDR Gold Trust buyer in Q2 2026 was BlackRock, an estimated $636M added.
- The largest SPDR Gold Trust seller in Q2 2026 was Arizona Public Safety Personnel Retirement System (PSPRS) Trust, an estimated $312M sold.
Based on aggregated 13F filings for Q2 2026.