S
SPDR Gold Trust
GLD • ARCA
SPDR Gold Trust is a commodity contracts brokers & dealers company on ARCA. As of Q3 2025, 2,580 institutional investors hold shares in this company, with total holdings valued at $45.3B. BANK OF AMERICA CORP /DE/ is the largest holder with a position valued at $4.2B.
COMMODITY CONTRACTS BROKERS & DEALERS
Country
United States of America
Overview
Overview of institutional ownership in GLD as of Q3 2025
All Institutions
- Institutions
- 2,580
- Value Held
- $45.3B
- Shares Held
- 127.8M
- Avg Position
- $17.6M
- Median Position
- $1.2M
Hedge Funds
- Hedge Funds
- 73
- Value Held
- $1.9B
- Shares Held
- 5.4M
- Avg Position
- $26.5M
- Median Position
- $4.3M
Biggest Investors
Institutions with the largest positions in GLD as of Q3 2025
| Institution | Position Value |
|---|---|
 BANK OF AMERICA CORP /DE/ Institution | $4.2B 0.32% of portfolio |
 MORGAN STANLEY RIA/Wealth | $4.0B 0.25% of portfolio |
 UBS Group AG Institution | $2.4B 0.47% of portfolio |
L LPL Financial LLC Institution | $1.6B 0.48% of portfolio |
 WELLS FARGO & COMPANY/MN Institution | $1.5B 0.31% of portfolio |
F First Eagle Investment Management, LLC Long Only Manager | $899.8M 1.64% of portfolio |
 BlackRock, Inc. Institution | $892.5M 0.02% of portfolio |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $843.5M 0.27% of portfolio |
 GOLDMAN SACHS GROUP INC Institution | $564.0M 0.08% of portfolio |
 BANK OF MONTREAL /CAN/ Institution | $556.3M 0.24% of portfolio |
Net Capital Flow
Institutional buying and selling activity for GLD in Q3 2025
- Traded
- +$2.1B
- Buyers
- 1,302
- Sellers
- 790
- Total Bought
- +$5.9B
- Total Sold
- −$3.7B
- Avg Position
- $17.0M
Biggest Buyers
| Institution | Net Bought |
|---|---|
BANK OF MONTREAL /CAN/ Institution | +$556.3M +1.6M shares |
 Jain Global LLC Hedge Fund•Multi-Strategy | +$470.7M +1.3M shares |
 BARCLAYS PLC Institution | +$400.0M +15.9K shares |
BANK OF AMERICA CORP /DE/ Institution | +$321.8M +905.1K shares |
 CITIGROUP INC Institution | +$305.8M +860.4K shares |
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage | +$194.8M +548.1K shares |
H HSBC HOLDINGS PLC Institution | +$178.2M +503.1K shares |
+$157.9M +444.1K shares | |
 MML INVESTORS SERVICES, LLC RIA/Wealth | +$155.1M +-12.5K shares |
H HARVARD MANAGEMENT CO INC Institution | +$116.7M +328.4K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
P Proficio Capital Partners LLC Family Office | −$703.7M −2.0M shares |
GOLDMAN SACHS GROUP INC Institution | −$557.4M −1.6M shares |
 Bridgewater Associates, LP Hedge Fund•Global Macro | −$337.3M −1.1M shares |
 JPMORGAN CHASE & CO Institution | −$306.2M −861.4K shares |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | −$264.5M −744.2K shares |
M Mizuho Bank, Ltd. Institution | −$219.5M −720.0K shares |
J JANE STREET GROUP, LLC Institution | −$147.4M −414.6K shares |
T TD ASSET MANAGEMENT INC Institution | −$88.0M −247.5K shares |
D DRW Securities, LLC Institution | −$75.2M −246.6K shares |
C Capitolis Liquid Global Markets LLC Private Equity | −$67.5M −221.5K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited GLD in Q3 2025
- New Positions
- 150
- New Value
- $872.3M
- Exited Positions
- 84
- Exited Value
- $919.6M
New Positions
| Institution | Position Value |
|---|---|
BARCLAYS PLC Institution | $400.0M 1.1M shares |
MML INVESTORS SERVICES, LLC RIA/Wealth | $155.1M 436.3K shares |
 Briaud Financial Planning, Inc RIA/Wealth | $69.6M 195.8K shares |
 CHESLEY TAFT & ASSOCIATES LLC/IL RIA/Wealth | $36.9M 103.7K shares |
 LAZARD ASSET MANAGEMENT LLC Long Only Manager | $35.9M 100.9K shares |
 FIRST HORIZON NATIONAL CORP RIA/Wealth | $26.6M 74.9K shares |
A Arrowpoint Asset Management, LLC Hedge Fund•Multi-Strategy | $13.3M 37.5K shares |
F Financial Engines Advisors L.L.C. Institution | $11.0M 30.8K shares |
$9.9M 27.8K shares | |
Y Yarbrough Capital, LLC Institution | $8.1M 22.7K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
Bridgewater Associates, LP Hedge Fund•Global Macro | $337.3M 1.1M shares |
M Mizuho Bank, Ltd. Institution | $219.5M 720.0K shares |
D DRW Securities, LLC Institution | $75.2M 246.6K shares |
C Capitolis Liquid Global Markets LLC Private Equity | $67.5M 221.5K shares |
B Belvedere Trading LLC Institution | $33.7M 110.5K shares |
 Centiva Capital, LP Hedge Fund•Multi-Strategy | $27.7M 90.9K shares |
A ADAPT Investment Managers SA Institution | $22.9M 75.2K shares |
 McElhenny Sheffield Capital Management, LLC Long Only Manager | $20.9M 68.7K shares |
M Murchinson Ltd. Institution | $15.2M 50.0K shares |
G GROUP ONE TRADING, L.P. Institution | $11.3M 37.1K shares |
Options Activity
Institutions with the largest Call and Put options positions in GLD as of Q3 2025
- Call Positions
- 92
- Call Value
- $53.3B
- Put Positions
- 73
- Put Value
- $25.3B
Call Positions
| Institution | Position Value |
|---|---|
J JANE STREET GROUP, LLC Institution | $10.2B 286.4K contracts |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $8.0B 225.9K contracts |
 Castle Hook Partners LP Hedge Fund•Global Macro | $7.6B 214.6K contracts |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $7.0B 198.3K contracts |
Jain Global LLC Hedge Fund•Multi-Strategy | $3.6B 100.6K contracts |
BlackRock, Inc. Institution | $2.8B 77.4K contracts |
 LEUCADIA NATIONAL CORP Institution | $1.9B 54.0K contracts |
W WOLVERINE TRADING, LLC Institution | $1.8B 52.1K contracts |
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage | $1.4B 39.2K contracts |
P PEAK6 LLC Institution | $1.3B 35.8K contracts |
Put Positions
| Institution | Position Value |
|---|---|
J JANE STREET GROUP, LLC Institution | $5.9B 165.0K contracts |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $3.7B 105.1K contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $3.6B 100.5K contracts |
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage | $1.5B 41.4K contracts |
LEUCADIA NATIONAL CORP Institution | $1.4B 39.9K contracts |
Jain Global LLC Hedge Fund•Multi-Strategy | $1.0B 29.4K contracts |
W Waratah Capital Advisors Ltd. Hedge Fund•Multi-Strategy | $1.0B 28.3K contracts |
GOLDMAN SACHS GROUP INC Institution | $929.8M 26.2K contracts |
CITIGROUP INC Institution | $886.0M 24.9K contracts |
W WOLVERINE TRADING, LLC Institution | $812.8M 23.1K contracts |
Most Committed Institutions
Institutions with GLD as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
 Stenahm Asset Managment Ltd Fund of Funds | 71.09% $123.6M |
C C V STARR & CO INC Institution | 62.66% $135.7M |
S Starr Indemnity & Liability Co Institution | 58.55% $179.3M |
G GRUSS & CO INC Institution | 52.44% $19.9M |
F First Trust Bank, Ltd. Institution | 35.99% $15.7M |
 Bleichroeder LP Hedge Fund•Value | 33.05% $168.8M |
A Alamea Verwaltungs GmbH Institution | 31.83% $46.6M |
 Centerstone Investors, LLC Long Only Manager | 25.96% $7.3M |
Briaud Financial Planning, Inc RIA/Wealth | 22.74% $69.6M |
 VISTA FINANCE, LLC RIA/Wealth | 22.14% $33.3M |
Hedge Fund Spotlight
Discover hedge funds investing in GLD
S
Squarepoint Ops LLC
Hedge Fund • Quant
Portfolio ManagerMichael Gottlieb
- Portfolio Value
- $46.9B
- Positions
- 2,531
- Last Reported
- Q3 2025
Sector Allocation
S
Position in SPDR Gold Trust
- Market Value
- $41.5M
- Shares Held
- 116.8K
- Portfolio Weight
- 0.09%
- Owned Since
- 2022-Q4
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $5.5B | 11.75% | |
Specialty Retail Consumer Cyclical | $983.1M | 2.10% | |
Semiconductors Technology | $935.8M | 1.99% |
