SPDR Gold MiniShares Trust
GLDM
200 hedge funds and large institutions have $2.06B invested in SPDR Gold MiniShares Trust in 2020 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 96 increasing their positions, 43 reducing their positions, and 17 closing their positions.
159% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 17
123% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 43
30% more capital invested
Capital invested by funds: $1.59B → $2.06B (+$473M)
21% more funds holding in top 10
Funds holding in top 10: 19 → 23 (+4)
15% more funds holding
Funds holding: 174 → 200 (+26)
2.8% less ownership
Funds ownership: 32.61% → 29.81% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$50.7M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$47.8M |
| 3 |
CIA
CSat Investment Advisory
Detroit,
Michigan
|
+$39.5M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$29.4M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$14.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.54M |
| 3 |
WOSD
WFA of San Diego
San Diego,
California
|
-$2.84M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$2.53M |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$2.53M |
GLDM Hedge Fund Activity: Q3 2020 in Review
200 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q3 2020, worth a combined $2.06B — up 30% from $1.59B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new GLDM positions and 17 closed out — a net gain of 27 holders — while 96 added to existing stakes and 43 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $50.7M. The largest seller was Tidal Investments, exiting entirely with an estimated $14.1M sold.
- 200 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q3 2020, up from 174 in Q2 2020.
- Funds reported $2.06B of SPDR Gold MiniShares Trust stock for Q3 2020, up 30% quarter-over-quarter.
- 44 funds opened new SPDR Gold MiniShares Trust positions in Q3 2020 and 17 closed out, a net change of +27 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q3 2020 was Morgan Stanley, an estimated $50.7M added.
- The largest SPDR Gold MiniShares Trust seller in Q3 2020 was Tidal Investments, an estimated $14.1M sold.
Based on aggregated 13F filings for Q3 2020.