SPDR Gold MiniShares Trust
GLDM
752 hedge funds and large institutions have $11.7B invested in SPDR Gold MiniShares Trust in 2025 Q3 according to their latest regulatory filings, with 115 funds opening new positions, 360 increasing their positions, 171 reducing their positions, and 42 closing their positions.
239% more capital inflows, than outflows
Capital inflows: $1.5B | Capital outflows: $441M
174% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 42
111% more repeat investments, than reductions
Existing positions increased: 360 | Existing positions reduced: 171
18% more funds holding in top 10
Funds holding in top 10: 55 → 65 (+10)
7% more funds holding
Funds holding: 702 → 752 (+50)
2.24% less ownership
Funds ownership: 57.99% → 55.75% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$266M |
| 2 |
MB
Mizuho Bank
Tokyo,
Japan
|
+$123M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$113M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$112M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$53.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$84.7M |
| 2 |
Asset Management One
Tokyo,
Japan
|
-$43.7M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$43.6M |
| 4 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
-$35.3M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$18.6M |
GLDM Hedge Fund Activity: Q3 2025 in Review
752 of the 7,647 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q3 2025, worth a combined $11.7B — up 28% from $9.15B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new GLDM positions and 42 closed out — a net gain of 73 holders — while 360 added to existing stakes and 171 trimmed.
The largest buyer was Sumitomo Mitsui Trust Group, adding an estimated $266M. The largest seller was Virtu Financial, exiting entirely with an estimated $84.7M sold.
- 752 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q3 2025, up from 702 in Q2 2025.
- Funds reported $11.7B of SPDR Gold MiniShares Trust stock for Q3 2025, up 28% quarter-over-quarter.
- 115 funds opened new SPDR Gold MiniShares Trust positions in Q3 2025 and 42 closed out, a net change of +73 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q3 2025 was Sumitomo Mitsui Trust Group, an estimated $266M added.
- The largest SPDR Gold MiniShares Trust seller in Q3 2025 was Virtu Financial, an estimated $84.7M sold.
Based on aggregated 13F filings for Q3 2025.