Cloverfields Capital Group LP trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 33.3% in the first quarter, Holdings Channel reports. The institutional investor owned 12,697 shares of the exchange traded fund’s stock after selling 6,349 shares during the period. SPDR Gold Shares makes up 1.8% of Cloverfields Capital Group LP’s holdings, making the stock its 17th biggest holding. Cloverfields Capital Group LP’s holdings in SPDR Gold Shares were worth $5,463,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Corient Private Wealth LLC raised its position in SPDR Gold Shares by 571.3% in the 4th quarter. Corient Private Wealth LLC now owns 3,949,227 shares of the exchange traded fund’s stock valued at $1,565,118,000 after purchasing an additional 3,360,966 shares during the last quarter. Morgan Stanley increased its stake in SPDR Gold Shares by 22.4% in the fourth quarter. Morgan Stanley now owns 13,893,741 shares of the exchange traded fund’s stock valued at $5,506,229,000 after purchasing an additional 2,539,266 shares during the period. Virtu Financial LLC acquired a new position in SPDR Gold Shares in the fourth quarter valued at $474,952,000. Marino Management LLC purchased a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $438,475,000. Finally, Diamant Asset Management Inc. boosted its stake in shares of SPDR Gold Shares by 42,929.0% during the first quarter. Diamant Asset Management Inc. now owns 697,070 shares of the exchange traded fund’s stock worth $299,942,000 after buying an additional 695,450 shares during the period. 42.19% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about SPDR Gold Shares
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Several market watchers say the long-term bull case for gold remains intact, with John Paulson arguing the rally is still in its early stages and retail investors showing disciplined profit-taking rather than panic. Billionaire John Paulson says gold bull market still in early stages
- Positive Sentiment: Analysts and strategists continue to highlight support near the $4,000 level, with some saying gold’s recent pullback could be a buying opportunity if the broader bullish reversal holds. Gold (XAU/USD) Price Forecast: Can the Bullish Reversal Survive This Pullback?
- Neutral Sentiment: Gold remains in a consolidation phase between support near $4,000 and resistance around $4,200, with traders watching upcoming central bank decisions and macro data for the next directional move. Gold Price Analysis – Gold Trapped Between $4,000 Support and $4,200 Resistance
- Neutral Sentiment: Longer-term commentary remains constructive, with some experts saying persistent inflation, geopolitical risk, and central-bank buying still support bullion even after the recent correction. Gold’s long-term investment case is strong, and miners offer greatest upside – VanEck’s Casanova
- Negative Sentiment: Spot gold fell late Thursday as stronger-than-expected jobless claims data lifted yields and the dollar, adding to pressure from higher rates and a crude oil spike. Spot gold falls to session lows after U.S. weekly jobless claims drop to 187k
- Negative Sentiment: Morning and afternoon market reports said rising Treasury yields, a firmer U.S. dollar, and renewed crude oil strength were the main reasons gold and silver sold off on the day. Gold, silver drop as ECB pause, claims data lift yields – Kitco AM Report
- Negative Sentiment: Late-day trading saw spot gold down nearly 2% and silver down more sharply, underscoring broad weakness across precious metals as inflation and rate expectations shifted against bullion. Gold falls as oil spike, higher yields pressure metals – Kitco PM Report
SPDR Gold Shares Trading Down 2.0%
SPDR Gold Shares Profile
SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.
Further Reading
- Five stocks we like better than SPDR Gold Shares
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
