SPDR Gold MiniShares Trust
GLDM
406 hedge funds and large institutions have $4.2B invested in SPDR Gold MiniShares Trust in 2024 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 155 increasing their positions, 130 reducing their positions, and 23 closing their positions.
157% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 23
19% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 130
8% more funds holding
Funds holding: 377 → 406 (+29)
3% less capital invested
Capital invested by funds: $4.33B → $4.2B (-$127M)
2.62% less ownership
Funds ownership: 61.1% → 58.47% (-2.6%)
8% less funds holding in top 10
Funds holding in top 10: 38 → 35 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MB
Mizuho Bank
Tokyo,
Japan
|
+$111M |
| 2 |
3AM
3EDGE Asset Management
Naples,
Florida
|
+$50.9M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$45.4M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$31.9M |
| 5 |
Morgan Stanley
New York
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EW
Evoke Wealth
Los Angeles,
California
|
-$276M |
| 2 |
APF
Alaska Permanent Fund
Juneau,
Alaska
|
-$114M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$50.6M |
| 4 |
Asset Management One
Tokyo,
Japan
|
-$28M |
| 5 |
PA
Pineridge Advisors
St. Charles,
Missouri
|
-$24.1M |
GLDM Hedge Fund Activity: Q2 2024 in Review
406 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q2 2024, worth a combined $4.2B — down 2.9% from $4.33B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new GLDM positions and 23 closed out — a net gain of 36 holders — while 155 added to existing stakes and 130 trimmed.
The largest buyer was Mizuho Bank, opening a new position worth an estimated $111M. The largest seller was Evoke Wealth, exiting entirely with an estimated $276M sold.
- 406 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q2 2024, up from 377 in Q1 2024.
- Funds reported $4.2B of SPDR Gold MiniShares Trust stock for Q2 2024, down 2.9% quarter-over-quarter.
- 59 funds opened new SPDR Gold MiniShares Trust positions in Q2 2024 and 23 closed out, a net change of +36 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q2 2024 was Mizuho Bank, an estimated $111M added.
- The largest SPDR Gold MiniShares Trust seller in Q2 2024 was Evoke Wealth, an estimated $276M sold.
Based on aggregated 13F filings for Q2 2024.