SPDR Gold MiniShares Trust
GLDM
333 hedge funds and large institutions have $4.12B invested in SPDR Gold MiniShares Trust in 2023 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 122 increasing their positions, 99 reducing their positions, and 33 closing their positions.
52% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 33
23% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 99
8% more capital invested
Capital invested by funds: $3.82B → $4.12B (+$291M)
5% more funds holding
Funds holding: 317 → 333 (+16)
3.25% more ownership
Funds ownership: 63.25% → 66.49% (+3.2%)
5% less funds holding in top 10
Funds holding in top 10: 40 → 38 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$136M |
| 2 |
BL
Balentine LLC
Atlanta,
Georgia
|
+$47.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$44M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$40.8M |
| 5 |
Morgan Stanley
New York
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$46.5M |
| 2 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$30.4M |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$14.9M |
| 4 |
CWA
Continuum Wealth Advisors
Saratoga Springs,
New York
|
-$7.05M |
| 5 |
Cohen & Steers
New York
|
-$6.84M |
GLDM Hedge Fund Activity: Q2 2023 in Review
333 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q2 2023, worth a combined $4.12B — up 7.6% from $3.82B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new GLDM positions and 33 closed out — a net gain of 17 holders — while 122 added to existing stakes and 99 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $136M. The largest seller was Gradient Investments, cutting an estimated $46.5M.
- 333 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q2 2023, up from 317 in Q1 2023.
- Funds reported $4.12B of SPDR Gold MiniShares Trust stock for Q2 2023, up 7.6% quarter-over-quarter.
- 50 funds opened new SPDR Gold MiniShares Trust positions in Q2 2023 and 33 closed out, a net change of +17 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q2 2023 was Jane Street, an estimated $136M added.
- The largest SPDR Gold MiniShares Trust seller in Q2 2023 was Gradient Investments, an estimated $46.5M sold.
Based on aggregated 13F filings for Q2 2023.