SPDR Gold MiniShares Trust
GLDM
701 hedge funds and large institutions have $9.15B invested in SPDR Gold MiniShares Trust in 2025 Q2 according to their latest regulatory filings, with 127 funds opening new positions, 265 increasing their positions, 224 reducing their positions, and 35 closing their positions.
263% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 35
18% more repeat investments, than reductions
Existing positions increased: 265 | Existing positions reduced: 224
14% more funds holding
Funds holding: 615 → 701 (+86)
14% more capital invested
Capital invested by funds: $8.05B → $9.15B (+$1.1B)
4.26% less ownership
Funds ownership: 62.16% → 57.89% (-4.3%)
14% less funds holding in top 10
Funds holding in top 10: 64 → 55 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Empower Advisory Group
Greenwood Village,
Colorado
|
+$334M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$198M |
| 3 |
EQF
Evergreen Quality Fund
Grand Cayman,
Cayman Islands
|
+$98.9M |
| 4 |
VF
Virtu Financial
New York
|
+$84.1M |
| 5 |
CLGM
Capitolis Liquid Global Markets
New York
|
+$46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$231M |
| 2 |
CCWM
Cassaday & Co Wealth Management
Mclean,
Virginia
|
-$151M |
| 3 |
MB
Mizuho Bank
Tokyo,
Japan
|
-$68.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$48.1M |
| 5 |
TC
TownSquare Capital
Provo,
Utah
|
-$31.9M |
GLDM Hedge Fund Activity: Q2 2025 in Review
701 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q2 2025, worth a combined $9.15B — up 14% from $8.05B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new GLDM positions and 35 closed out — a net gain of 92 holders — while 265 added to existing stakes and 224 trimmed.
The largest buyer was Empower Advisory Group, opening a new position worth an estimated $334M. The largest seller was Jane Street, exiting entirely with an estimated $231M sold.
- 701 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q2 2025, up from 615 in Q1 2025.
- Funds reported $9.15B of SPDR Gold MiniShares Trust stock for Q2 2025, up 14% quarter-over-quarter.
- 127 funds opened new SPDR Gold MiniShares Trust positions in Q2 2025 and 35 closed out, a net change of +92 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q2 2025 was Empower Advisory Group, an estimated $334M added.
- The largest SPDR Gold MiniShares Trust seller in Q2 2025 was Jane Street, an estimated $231M sold.
Based on aggregated 13F filings for Q2 2025.