SPDR Gold MiniShares Trust
GLDM
877 hedge funds and large institutions have $13.9B invested in SPDR Gold MiniShares Trust in 2025 Q4 according to their latest regulatory filings, with 188 funds opening new positions, 336 increasing their positions, 257 reducing their positions, and 56 closing their positions.
236% more first-time investments, than exits
New positions opened: 188 | Existing positions closed: 56
31% more repeat investments, than reductions
Existing positions increased: 336 | Existing positions reduced: 257
29% more funds holding in top 10
Funds holding in top 10: 65 → 84 (+19)
19% more capital invested
Capital invested by funds: $11.7B → $13.9B (+$2.23B)
17% more funds holding
Funds holding: 752 → 877 (+125)
0.69% less ownership
Funds ownership: 55.75% → 55.06% (-0.69%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$229M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$217M |
| 3 |
Morgan Stanley
New York
|
+$160M |
| 4 |
PR
Payden & Rygel
Los Angeles,
California
|
+$107M |
| 5 |
Goldman Sachs
New York
|
+$61.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$138M |
| 2 |
MB
Mizuho Bank
Tokyo,
Japan
|
-$138M |
| 3 |
Asset Management One
Tokyo,
Japan
|
-$65.4M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$54M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$42.4M |
GLDM Hedge Fund Activity: Q4 2025 in Review
877 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in SPDR Gold MiniShares Trust (GLDM) for Q4 2025, worth a combined $13.9B — up 19% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 188 funds opened new GLDM positions and 56 closed out — a net gain of 132 holders — while 336 added to existing stakes and 257 trimmed.
The largest buyer was Wells Fargo, adding an estimated $229M. The largest seller was 3EDGE Asset Management, cutting an estimated $138M.
- 877 institutional investors held SPDR Gold MiniShares Trust (GLDM) as of Q4 2025, up from 752 in Q3 2025.
- Funds reported $13.9B of SPDR Gold MiniShares Trust stock for Q4 2025, up 19% quarter-over-quarter.
- 188 funds opened new SPDR Gold MiniShares Trust positions in Q4 2025 and 56 closed out, a net change of +132 holders.
- The largest SPDR Gold MiniShares Trust buyer in Q4 2025 was Wells Fargo, an estimated $229M added.
- The largest SPDR Gold MiniShares Trust seller in Q4 2025 was 3EDGE Asset Management, an estimated $138M sold.
Based on aggregated 13F filings for Q4 2025.