SPDR Gold MiniShares Trust
GLDM
71 hedge funds and large institutions have $546M invested in SPDR Gold MiniShares Trust in 2019 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
34.09% more ownership
Funds ownership: 0% → 34.09% (+34%)
22% more capital invested
Capital invested by funds: $445M → $546M (+$100M)
20% more funds holding
Funds holding: 59 → 71 (+12)
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3EDGE Asset Management
Naples,
Florida
|
+$37.8M |
| 2 |
AIS
American Investment Services
Great Barrington,
Massachusetts
|
+$13.3M |
| 3 |
FMWA
Forvis Mazars Wealth Advisors
Springfield,
Missouri
|
+$9.4M |
| 4 |
CF
Copperwynd Financial
Scottsdale,
Arizona
|
+$8.76M |
| 5 |
LPL Financial
San Diego,
California
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$10.2M |
| 2 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$6.7M |
| 3 |
TF
Trek Financial
Scottsdale,
Arizona
|
-$5.68M |
| 4 |
FC
Fore Capital
New York
|
-$5.16M |
| 5 |
AHSSHC
Adventist Health System Sunbelt Healthcare Corp
Altamonte Springs,
Florida
|
-$2.48M |
GLDM Hedge Fund Activity: Q2 2019 in Review
71 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q2 2019, worth a combined $546M — up 22% from $445M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GLDM positions and 10 closed out — a net gain of 13 holders — while 22 added to existing stakes and 21 trimmed.
The largest buyer was 3EDGE Asset Management, adding an estimated $37.8M. The largest seller was UBS Group, cutting an estimated $10.2M.
- 71 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q2 2019, up from 59 in Q1 2019.
- Funds reported $546M of SPDR Gold MiniShares Trust stock for Q2 2019, up 22% quarter-over-quarter.
- 23 funds opened new SPDR Gold MiniShares Trust positions in Q2 2019 and 10 closed out, a net change of +13 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q2 2019 was 3EDGE Asset Management, an estimated $37.8M added.
- The largest SPDR Gold MiniShares Trust seller in Q2 2019 was UBS Group, an estimated $10.2M sold.
Based on aggregated 13F filings for Q2 2019.