SPDR Gold MiniShares Trust
GLDM
344 hedge funds and large institutions have $3.52B invested in SPDR Gold MiniShares Trust in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 130 increasing their positions, 101 reducing their positions, and 36 closing their positions.
44% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 36
29% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 101
3% more funds holding
Funds holding: 333 → 344 (+11)
4.89% less ownership
Funds ownership: 66.49% → 61.6% (-4.9%)
11% less funds holding in top 10
Funds holding in top 10: 38 → 34 (-4)
15% less capital invested
Capital invested by funds: $4.12B → $3.52B (-$598M)
Top Buyers
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$56.6M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$39.2M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$38.2M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$25.3M |
| 5 |
Asset Management One
Tokyo,
Japan
|
+$16.4M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTI
376
Blue Trust Inc
Alpharetta,
Georgia
| – | -$7K | -174 | Closed |
|
377
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$4.84K | -127 | Closed |
|
378
First Manhattan
New York
| – | -$3.2K | -84 | Closed |
|
|
TAM
379
Tucker Asset Management
Littleton,
Colorado
| – | -$1.94K | -51 | Closed |
|
|
CP
380
Castleview Partners
Dallas,
Texas
| – | -$38 | -1 | Closed |
|
|
BFP
381
Briaud Financial Planning
College Station,
Texas
| – | +$688 | +18 | New |
|
GLDM Hedge Fund Activity: Q3 2023 in Review
344 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q3 2023, worth a combined $3.52B — down 15% from $4.12B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new GLDM positions and 36 closed out — a net gain of 16 holders — while 130 added to existing stakes and 101 trimmed.
The largest buyer was SEI Investments, adding an estimated $56.6M. The largest seller was Cassaday & Co Wealth Management, exiting entirely with an estimated $200M sold.
- 344 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q3 2023, up from 333 in Q2 2023.
- Funds reported $3.52B of SPDR Gold MiniShares Trust stock for Q3 2023, down 15% quarter-over-quarter.
- 52 funds opened new SPDR Gold MiniShares Trust positions in Q3 2023 and 36 closed out, a net change of +16 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q3 2023 was SEI Investments, an estimated $56.6M added.
- The largest SPDR Gold MiniShares Trust seller in Q3 2023 was Cassaday & Co Wealth Management, an estimated $200M sold.
Based on aggregated 13F filings for Q3 2023.