SPDR Gold MiniShares Trust
GLDM
99 hedge funds and large institutions have $619M invested in SPDR Gold MiniShares Trust in 2019 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 37 increasing their positions, 18 reducing their positions, and 4 closing their positions.
700% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 4
106% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 18
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
39% more funds holding
Funds holding: 71 → 99 (+28)
13% more capital invested
Capital invested by funds: $546M → $619M (+$73M)
4.09% less ownership
Funds ownership: 34.09% → 30.01% (-4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
+$18.8M |
| 2 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
+$14.3M |
| 3 |
SFS
Strategic Financial Services
Utica,
New York
|
+$14M |
| 4 |
HBWM
Hollow Brook Wealth Management
Katonah,
New York
|
+$11.5M |
| 5 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AHSSHC
Adventist Health System Sunbelt Healthcare Corp
Altamonte Springs,
Florida
|
-$70.4M |
| 2 |
CF
Copperwynd Financial
Scottsdale,
Arizona
|
-$6.33M |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$3.81M |
| 4 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$3.79M |
| 5 |
CC
Cassaday & Co
Mclean,
Virginia
|
-$3.67M |
GLDM Hedge Fund Activity: Q3 2019 in Review
99 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q3 2019, worth a combined $619M — up 13% from $546M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new GLDM positions and 4 closed out — a net gain of 28 holders — while 37 added to existing stakes and 18 trimmed.
The largest buyer was Richard C. Young & Co, opening a new position worth an estimated $18.8M. The largest seller was Adventist Health System Sunbelt Healthcare Corp, cutting an estimated $70.4M.
- 99 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q3 2019, up from 71 in Q2 2019.
- Funds reported $619M of SPDR Gold MiniShares Trust stock for Q3 2019, up 13% quarter-over-quarter.
- 32 funds opened new SPDR Gold MiniShares Trust positions in Q3 2019 and 4 closed out, a net change of +28 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q3 2019 was Richard C. Young & Co, an estimated $18.8M added.
- The largest SPDR Gold MiniShares Trust seller in Q3 2019 was Adventist Health System Sunbelt Healthcare Corp, an estimated $70.4M sold.
Based on aggregated 13F filings for Q3 2019.