SPDR Gold MiniShares Trust

GLDM • ARCA

SPDR Gold MiniShares Trust is a commodity contracts brokers & dealers company on ARCA. As of Q3 2025, 704 institutional investors hold shares in this company, with total holdings valued at $11.1B. Sumitomo Mitsui Trust Holdings, Inc. is the largest holder with a position valued at $1.4B.

COMMODITY CONTRACTS BROKERS & DEALERS

Country

United States of America

Overview

Overview of institutional ownership in GLDM as of Q3 2025

All Institutions

Institutions: 704
Value Held: $11.1B
Shares Held: 144.7M
Avg Position: $15.7M
Median Position: $1.2M

Hedge Funds

Hedge Funds: 8
Value Held: $58.9M
Shares Held: 770.3K
Avg Position: $7.4M
Median Position: $6.8M

Biggest Investors

Institutions with the largest positions in GLDM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
S Sumitomo Mitsui Trust Holdings, Inc. Institution	-	$1.4B 0.81% of portfolio	0.00% 18.5M shares	Q1 2025 Held for 9 months	$173.79B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$658.9M 0.04% of portfolio	0.00% 8.6M shares	Q4 2022 Held for 3 years	$1.65T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$563.2M 0.04% of portfolio	0.00% 7.4M shares	Q4 2022 Held for 3 years	$1.33T
E EVOKE WEALTH, LLC RIA/Wealth	Jane Frances Eagle President	$554.4M 11.57% of portfolio	0.00% 7.3M shares	Q4 2022 Held for 3 years	$4.8B
Empower Advisory Group, LLC RIA/Wealth	Jonathan David Kreider CEO	$432.4M 1.20% of portfolio	0.00% 5.7M shares	Q2 2025 Held for 6 months	$36.1B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$392.0M 0.08% of portfolio	0.00% 5.1M shares	Q4 2022 Held for 3 years	$488.52B
DIAM Co., Ltd. Long Only Manager	Noriyuki Nmn Sugihara CEO	$261.3M 0.76% of portfolio	0.00% 3.4M shares	Q4 2022 Held for 3 years	$34.5B
Cassaday & Co Wealth Management LLC RIA/Wealth	Stephan Quinn Cassaday President	$260.5M 6.01% of portfolio	0.00% 3.4M shares	Q3 2024 Held for 1y 3m	$4.3B
UBS Group AG Institution	Sergio P. Ermotti CEO	$253.5M 0.05% of portfolio	0.00% 3.3M shares	Q4 2022 Held for 3 years	$511.60B
L LPL Financial LLC Institution	-	$231.0M 0.07% of portfolio	0.00% 3.0M shares	Q4 2022 Held for 3 years	$340.07B

Net Capital Flow

Institutional buying and selling activity for GLDM in Q3 2025

Traded: +$1.2B
Buyers: 451
Sellers: 195
Total Bought: +$1.6B
Total Sold: −$347.7M
Avg Position: $14.7M

Biggest Buyers

Institution	Net Bought	Current Position
S Sumitomo Mitsui Trust Holdings, Inc. Institution	+$296.8M +3.9M shares	$1.4B 18.5M shares
M Mizuho Bank, Ltd. Institution	+$137.8M +1.8M shares	$137.8M 1.8M shares
BANK OF AMERICA CORP /DE/ Institution	+$125.1M +1.6M shares	$563.2M 7.4M shares
A Advisor Group Holdings, Inc. Institution	+$121.3M +1.7M shares	$147.3M 2.0M shares
WELLS FARGO & COMPANY/MN Institution	+$59.4M +777.1K shares	$392.0M 5.1M shares
E Evergreen Quality Fund GP, Ltd. Institution	+$52.9M +692.4K shares	$169.2M 2.2M shares
MORGAN STANLEY RIA/Wealth	+$52.9M +691.7K shares	$658.9M 8.6M shares
Empower Advisory Group, LLC RIA/Wealth	+$40.3M +526.9K shares	$432.4M 5.7M shares
3EDGE Asset Management, LP Long Only Manager	+$37.4M +488.6K shares	$206.4M 2.7M shares
R Resona Asset Management Co.,Ltd. Institution	+$33.6M +443.8K shares	$131.9M 1.7M shares

Biggest Sellers

Institution	Net Sold	Current Position
DIAM Co., Ltd. Long Only Manager	−$48.7M −637.6K shares	$261.3M 3.4M shares
PRINCIPAL FINANCIAL GROUP INC Institution	−$48.7M −636.9K shares	$194.2M 2.5M shares
B Burt Wealth Advisors RIA/Wealth	−$35.3M −538.1K shares	Sold Off 0 shares
Q Quadrature Capital Ltd Institution	−$20.8M −272.0K shares	$25.2M 329.4K shares
Richard C. Young & CO., LTD. RIA/Wealth	−$15.3M −199.6K shares	$49.8M 650.9K shares
Bank of New York Mellon Corp Institution	−$13.9M −181.8K shares	$62.7M 820.8K shares
GOLDMAN SACHS GROUP INC Institution	−$13.2M −172.7K shares	$3.1M 40.0K shares
Fullerton Fund Management Co Ltd RIA/Wealth	−$11.5M −150.2K shares	$42.4M 554.2K shares
G Greenline Partners, LLC RIA/Wealth	−$11.2M −146.1K shares	$56.3M 736.6K shares
B&D White Capital Company, LLC RIA/Wealth	−$9.7M −147.4K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited GLDM in Q3 2025

New Positions: 95
New Value: $116.0M
Exited Positions: 42
Exited Value: $78.1M

New Positions

Institution	Position Value
MML INVESTORS SERVICES, LLC RIA/Wealth	$19.0M 248.2K shares
BANK OF NOVA SCOTIA / Institution	$15.6M 204.6K shares
CFS Investment Advisory Services, LLC RIA/Wealth	$13.6M 167.7K shares
INTL FCSTONE INC. Institution	$9.0M 117.4K shares
ELEMENT POINTE ADVISORS, LLC Family Office	$6.8M 88.7K shares
B Beckerman Institutional, LLC Institution	$4.8M 63.1K shares
Reyes Financial Architecture, Inc. RIA/Wealth	$4.6M 60.1K shares
Richard P Slaughter Associates Inc RIA/Wealth	$4.3M 56.8K shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	$4.3M 56.2K shares
Gotham Asset Management, LLC Hedge Fund•Long/Short	$2.6M 34.1K shares

Exited Positions

Institution	Previous Position
B Burt Wealth Advisors RIA/Wealth	$35.3M 538.1K shares
B&D White Capital Company, LLC RIA/Wealth	$9.7M 147.4K shares
A Alliance Wealth Advisors, LLC /UT RIA/Wealth	$7.0M 107.1K shares
MONEY CONCEPTS CAPITAL CORP RIA/Wealth	$5.6M 85.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.7M 56.5K shares
Jacobi Capital Management LLC RIA/Wealth	$3.2M 48.2K shares
J Jump Financial, LLC Institution	$2.8M 42.4K shares
Duncan Williams Asset Management, LLC RIA/Wealth	$1.8M 27.4K shares
Advisor Resource Council RIA/Wealth	$1.6M 25.2K shares
Tradewinds, LLC. RIA/Wealth	$1.2M 18.5K shares

Options Activity

Institutions with the largest Call and Put options positions in GLDM as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with GLDM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Hollow Brook Wealth Management LLC RIA/Wealth	Alan Lee Bazaar CEO	22.58% $95.4M	0.00% 1.2M shares	Q4 2022 Held for 3 years	$422.7M
M MEDICI CAPITAL LLC Institution	-	19.97% $15.6M	0.00% 204.0K shares	Q4 2022 Held for 3 years	$78.1M
A AIFG Consultants Ltd. Institution	-	15.61% $8.7M	0.00% 114.4K shares	Q4 2022 Held for 3 years	$56.0M
M Mizuho Bank, Ltd. Institution	-	15.29% $137.8M	0.00% 1.8M shares	Q2 2024 Held for 1y 6m	$900.8M
3EDGE Asset Management, LP Long Only Manager	Stephen Joseph Cucchiaro CEO	11.87% $206.4M	0.00% 2.7M shares	Q4 2022 Held for 3 years	$1.7B
E EVOKE WEALTH, LLC RIA/Wealth	Jane Frances Eagle President	11.57% $554.4M	0.00% 7.3M shares	Q4 2022 Held for 3 years	$4.8B
N NavPoint Financial, Inc. RIA/Wealth	David Gary Martell CEO	10.62% $19.4M	0.00% 253.6K shares	Q4 2023 Held for 2 years	$182.6M
American Investment Services, Inc. RIA/Wealth	John Lane Barry CEO	10.35% $43.1M	0.00% 563.4K shares	Q4 2022 Held for 3 years	$416.2M
STAPP WEALTH MANAGEMENT, PLLC RIA/Wealth	Rebecca Ann Stapp CCO	10.24% $6.7M	0.00% 87.8K shares	Q2 2023 Held for 2y 6m	$65.6M
C Coco Enterprises, LLC Family Office	James Harris CEO	9.75% $18.1M	0.00% 236.4K shares	Q1 2023 Held for 2y 9m	$185.7M

Hedge Fund Spotlight

Discover hedge funds investing in GLDM

AQR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerJohn Mihn Soo Liew

Portfolio Value: $156.17B
Positions: 3,454
Last Reported: Q3 2025

Sector Allocation

Position in SPDR Gold MiniShares Trust

Market Value: $5.0M
Shares Held: 66.0K
Portfolio Weight: 0.00%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
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2 Microsoft MSFT	Software - Infrastructure Technology	$3.2B	2.05%
3 Apple AAPL	Consumer Electronics Technology	$2.8B	1.76%