SPDR Gold MiniShares Trust
GLDM
377 hedge funds and large institutions have $4.33B invested in SPDR Gold MiniShares Trust in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 149 increasing their positions, 121 reducing their positions, and 36 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 121
22% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 36
9% more funds holding in top 10
Funds holding in top 10: 35 → 38 (+3)
6% more capital invested
Capital invested by funds: $4.09B → $4.33B (+$244M)
1% more funds holding
Funds holding: 373 → 377 (+4)
3.15% less ownership
Funds ownership: 64.25% → 61.1% (-3.2%)
Top Buyers
| 1 |
EW
Evoke Wealth
Los Angeles,
California
|
+$257M |
| 2 |
APF
Alaska Permanent Fund
Juneau,
Alaska
|
+$102M |
| 3 |
3AM
3EDGE Asset Management
Naples,
Florida
|
+$38.8M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$34.8M |
| 5 |
VanEck Associates
New York
|
+$26.9M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$274M |
| 2 |
Jane Street
New York
|
-$126M |
| 3 |
BL
Balentine LLC
Atlanta,
Georgia
|
-$119M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$78.8M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$69.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HT
401
Headlands Technologies
Chicago,
Illinois
| – | -$39K | -953 | Closed |
|
|
PA
402
Parallel Advisors
San Francisco,
California
| – | -$34.8K | -850 | Closed |
|
|
SNB
403
Security National Bank
Omaha,
Nebraska
| – | -$22.8K | -558 | Closed |
|
|
BCMLT
404
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
| – | -$12.9K | -351 | Closed |
|
405
Citigroup
New York
| – | -$11.7K | -285 | Closed |
|
|
PP
406
Pacifica Partners
Surrey,
Canada
| – | -$11.2K | -280 | Closed |
|
|
FCAS
407
First Command Advisory Services
Fort Worth,
Texas
| – | -$5.48K | -234 | Closed |
|
|
SWS
408
SYSTM Wealth Solutions
Chicago,
Illinois
| – | -$6.87K | -168 | Closed |
|
|
IRAG
409
Investment Research & Advisory Group
Atlanta,
Georgia
| – | -$1.39K | -34 | Closed |
|
410
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1.02K | -25 | Closed |
|
411
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$900 | -22 | Closed |
|
|
NSIM
412
North Star Investment Management
Chicago,
Illinois
| – | -$818 | -20 | Closed |
|
|
FBC
413
Fairfield, Bush & Co
Darien,
Connecticut
| – | -$82 | -2 | Closed |
|
GLDM Hedge Fund Activity: Q1 2024 in Review
377 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q1 2024, worth a combined $4.33B — up 6% from $4.09B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new GLDM positions and 36 closed out — a net gain of 8 holders — while 149 added to existing stakes and 121 trimmed.
The largest buyer was Evoke Wealth, opening a new position worth an estimated $257M. The largest seller was Morgan Stanley, cutting an estimated $274M.
- 377 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q1 2024, up from 373 in Q4 2023.
- Funds reported $4.33B of SPDR Gold MiniShares Trust stock for Q1 2024, up 6% quarter-over-quarter.
- 44 funds opened new SPDR Gold MiniShares Trust positions in Q1 2024 and 36 closed out, a net change of +8 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q1 2024 was Evoke Wealth, an estimated $257M added.
- The largest SPDR Gold MiniShares Trust seller in Q1 2024 was Morgan Stanley, an estimated $274M sold.
Based on aggregated 13F filings for Q1 2024.