SPDR Gold MiniShares Trust
GLDM
616 hedge funds and large institutions have $8.05B invested in SPDR Gold MiniShares Trust in 2025 Q1 according to their latest regulatory filings, with 105 funds opening new positions, 264 increasing their positions, 166 reducing their positions, and 21 closing their positions.
400% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 21
59% more repeat investments, than reductions
Existing positions increased: 264 | Existing positions reduced: 166
39% more funds holding in top 10
Funds holding in top 10: 46 → 64 (+18)
38% more capital invested
Capital invested by funds: $5.84B → $8.05B (+$2.21B)
14% more funds holding
Funds holding: 540 → 616 (+76)
1.08% less ownership
Funds ownership: 63.29% → 62.21% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$212M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$101M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$90.7M |
| 4 |
MB
Mizuho Bank
Tokyo,
Japan
|
+$62.5M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$60M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$26.2M |
| 2 |
Goldman Sachs
New York
|
-$26.1M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$22.7M |
| 4 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$22.1M |
| 5 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
-$21.5M |
GLDM Hedge Fund Activity: Q1 2025 in Review
616 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q1 2025, worth a combined $8.05B — up 38% from $5.84B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new GLDM positions and 21 closed out — a net gain of 84 holders — while 264 added to existing stakes and 166 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $212M. The largest seller was UBS Group, cutting an estimated $26.2M.
- 616 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q1 2025, up from 540 in Q4 2024.
- Funds reported $8.05B of SPDR Gold MiniShares Trust stock for Q1 2025, up 38% quarter-over-quarter.
- 105 funds opened new SPDR Gold MiniShares Trust positions in Q1 2025 and 21 closed out, a net change of +84 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q1 2025 was Jane Street, an estimated $212M added.
- The largest SPDR Gold MiniShares Trust seller in Q1 2025 was UBS Group, an estimated $26.2M sold.
Based on aggregated 13F filings for Q1 2025.