SPDR Gold MiniShares Trust
GLDM
174 hedge funds and large institutions have $1.59B invested in SPDR Gold MiniShares Trust in 2020 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 68 increasing their positions, 35 reducing their positions, and 13 closing their positions.
338% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 13
94% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 35
67% more capital invested
Capital invested by funds: $952M → $1.59B (+$637M)
36% more funds holding in top 10
Funds holding in top 10: 14 → 19 (+5)
33% more funds holding
Funds holding: 131 → 174 (+43)
0.2% more ownership
Funds ownership: 32.41% → 32.61% (+0.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
RGT Wealth Advisors
Dallas,
Texas
|
+$83.7M |
| 2 |
Bank of New York Mellon
New York
|
+$63.2M |
| 3 |
LPL Financial
San Diego,
California
|
+$55.6M |
| 4 |
3AM
3EDGE Asset Management
Naples,
Florida
|
+$50.1M |
| 5 |
CAL
Capital Analysts LLC
Fort Washington,
Pennsylvania
|
+$38.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$29.3M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$25.8M |
| 3 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$21.3M |
| 4 |
SWM
Segment Wealth Management
Houston,
Texas
|
-$6.12M |
| 5 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$3.48M |
GLDM Hedge Fund Activity: Q2 2020 in Review
174 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q2 2020, worth a combined $1.59B — up 67% from $952M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new GLDM positions and 13 closed out — a net gain of 44 holders — while 68 added to existing stakes and 35 trimmed.
The largest buyer was RGT Wealth Advisors, opening a new position worth an estimated $83.7M. The largest seller was Gradient Investments, cutting an estimated $29.3M.
- 174 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q2 2020, up from 131 in Q1 2020.
- Funds reported $1.59B of SPDR Gold MiniShares Trust stock for Q2 2020, up 67% quarter-over-quarter.
- 57 funds opened new SPDR Gold MiniShares Trust positions in Q2 2020 and 13 closed out, a net change of +44 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q2 2020 was RGT Wealth Advisors, an estimated $83.7M added.
- The largest SPDR Gold MiniShares Trust seller in Q2 2020 was Gradient Investments, an estimated $29.3M sold.
Based on aggregated 13F filings for Q2 2020.