SPDR Gold MiniShares Trust
GLDM
131 hedge funds and large institutions have $952M invested in SPDR Gold MiniShares Trust in 2020 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 49 increasing their positions, 33 reducing their positions, and 12 closing their positions.
158% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 12
48% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 33
42% more capital invested
Capital invested by funds: $672M → $952M (+$280M)
40% more funds holding in top 10
Funds holding in top 10: 10 → 14 (+4)
13% more funds holding
Funds holding: 116 → 131 (+15)
2.46% more ownership
Funds ownership: 29.95% → 32.41% (+2.5%)
Top Buyers
| 1 |
Bank of New York Mellon
New York
|
+$84.2M |
| 2 |
EW
Evoke Wealth
Los Angeles,
California
|
+$60.2M |
| 3 |
CC
Cassaday & Co
Mclean,
Virginia
|
+$22.5M |
| 4 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$21.4M |
| 5 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$19.1M |
Top Sellers
| 1 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$25.1M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$23.1M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$4.15M |
| 4 |
FWM
Focused Wealth Management
Newburgh,
New York
|
-$2.94M |
| 5 |
Citigroup
New York
|
-$2.74M |
GLDM Hedge Fund Activity: Q1 2020 in Review
131 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q1 2020, worth a combined $952M — up 42% from $672M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new GLDM positions and 12 closed out — a net gain of 19 holders — while 49 added to existing stakes and 33 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $84.2M. The largest seller was 3EDGE Asset Management, cutting an estimated $25.1M.
- 131 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q1 2020, up from 116 in Q4 2019.
- Funds reported $952M of SPDR Gold MiniShares Trust stock for Q1 2020, up 42% quarter-over-quarter.
- 31 funds opened new SPDR Gold MiniShares Trust positions in Q1 2020 and 12 closed out, a net change of +19 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q1 2020 was Bank of New York Mellon, an estimated $84.2M added.
- The largest SPDR Gold MiniShares Trust seller in Q1 2020 was 3EDGE Asset Management, an estimated $25.1M sold.
Based on aggregated 13F filings for Q1 2020.