abrdn Physical Precious Metals Basket Shares ETF
GLTR
133 hedge funds and large institutions have $450M invested in abrdn Physical Precious Metals Basket Shares ETF in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 42 reducing their positions, and 7 closing their positions.
186% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 7
10% more funds holding
Funds holding: 121 → 133 (+12)
2.43% more ownership
Funds ownership: 46.53% → 48.96% (+2.4%)
2% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 42
2% less capital invested
Capital invested by funds: $461M → $450M (-$11.2M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCFCSB
Cape Cod Five Cents Savings Bank
Orleans,
Massachusetts
|
+$24.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$6.87M |
| 3 |
Cerity Partners
New York
|
+$5.22M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.68M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$18.5M |
| 2 |
Jane Street
New York
|
-$12.2M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$6.9M |
| 4 |
APA
Astoria Portfolio Advisors
New York
|
-$3.67M |
| 5 |
SEA
Stegent Equity Advisors
Houston,
Texas
|
-$3.27M |
GLTR Hedge Fund Activity: Q3 2023 in Review
133 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in abrdn Physical Precious Metals Basket Shares ETF (GLTR) for Q3 2023, worth a combined $450M — down 2.4% from $461M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new GLTR positions and 7 closed out — a net gain of 13 holders — while 41 added to existing stakes and 42 trimmed.
The largest buyer was Cape Cod Five Cents Savings Bank, adding an estimated $24.7M. The largest seller was Bank of America, cutting an estimated $18.5M.
- 133 institutional investors held abrdn Physical Precious Metals Basket Shares ETF (GLTR) as of Q3 2023, up from 121 in Q2 2023.
- Funds reported $450M of abrdn Physical Precious Metals Basket Shares ETF stock for Q3 2023, down 2.4% quarter-over-quarter.
- 20 funds opened new abrdn Physical Precious Metals Basket Shares ETF positions in Q3 2023 and 7 closed out, a net change of +13 holders.
- The largest abrdn Physical Precious Metals Basket Shares ETF buyer in Q3 2023 was Cape Cod Five Cents Savings Bank, an estimated $24.7M added.
- The largest abrdn Physical Precious Metals Basket Shares ETF seller in Q3 2023 was Bank of America, an estimated $18.5M sold.
Based on aggregated 13F filings for Q3 2023.