abrdn Physical Precious Metals Basket Shares ETF
GLTR
141 hedge funds and large institutions have $451M invested in abrdn Physical Precious Metals Basket Shares ETF in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 56 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
1.17% more ownership
Funds ownership: 48.61% → 49.78% (+1.2%)
1% more funds holding
Funds holding: 140 → 141 (+1)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
3% less capital invested
Capital invested by funds: $462M → $451M (-$11.7M)
27% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 56
Top Buyers
| 1 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$20.9M |
| 2 |
Jane Street
New York
|
+$19.3M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.64M |
| 4 |
CMP
Courage Miller Partners
Norfolk,
Virginia
|
+$5.87M |
| 5 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$4.67M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$33.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$13M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.04M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.82M |
| 5 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
-$2.07M |
GLTR Hedge Fund Activity: Q1 2024 in Review
141 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in abrdn Physical Precious Metals Basket Shares ETF (GLTR) for Q1 2024, worth a combined $451M — down 2.5% from $462M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GLTR positions and 9 closed out — a net gain of 4 holders — while 41 added to existing stakes and 56 trimmed.
The largest buyer was Global Assets Advisory, opening a new position worth an estimated $20.9M. The largest seller was Morgan Stanley, cutting an estimated $33.8M.
- 141 institutional investors held abrdn Physical Precious Metals Basket Shares ETF (GLTR) as of Q1 2024, up from 140 in Q4 2023.
- Funds reported $451M of abrdn Physical Precious Metals Basket Shares ETF stock for Q1 2024, down 2.5% quarter-over-quarter.
- 13 funds opened new abrdn Physical Precious Metals Basket Shares ETF positions in Q1 2024 and 9 closed out, a net change of +4 holders.
- The largest abrdn Physical Precious Metals Basket Shares ETF buyer in Q1 2024 was Global Assets Advisory, an estimated $20.9M added.
- The largest abrdn Physical Precious Metals Basket Shares ETF seller in Q1 2024 was Morgan Stanley, an estimated $33.8M sold.
Based on aggregated 13F filings for Q1 2024.