Skip to Main Content
Back to News

SPDR Gold Shares (GLD) Opinions on Gold's Safe Haven Status

None

Recent discussions on X about SPDR Gold Shares (GLD) have been notably active, driven by gold's role as a safe haven amid global uncertainties. Many users are pointing to strong bullish drivers, such as central bank buying and persistent inflation concerns, as reasons for gold's upward trajectory. There’s also chatter about GLD acting as a diversifier with low correlation to broader markets, sparking interest among investors.

However, not all sentiments are uniformly positive, as some voices on X caution about potential overbought conditions, citing technical indicators and historical resistance levels. Concerns about market euphoria and possible corrections are also circulating, adding a layer of caution to the conversation. This mix of optimism and wariness keeps the dialogue around GLD dynamic and engaging.

Note: This discussion summary was generated from an AI condensation of post data.

SPDR Gold Shares Hedge Fund Activity

We have seen 1,160 institutional investors add shares of SPDR Gold Shares stock to their portfolio, and 938 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • PROFICIO CAPITAL PARTNERS LLC removed 60,394,330 shares (-99.4%) from their portfolio in Q1 2025, for an estimated $17,402,022,246
  • TORONTO DOMINION BANK removed 2,404,796 shares (-99.8%) from their portfolio in Q1 2025, for an estimated $692,917,919
  • UBS GROUP AG added 2,021,106 shares (+33.4%) to their portfolio in Q1 2025, for an estimated $582,361,482
  • GOLDMAN SACHS GROUP INC added 1,737,889 shares (+140.6%) to their portfolio in Q1 2025, for an estimated $500,755,336
  • BLACKROCK, INC. added 1,540,541 shares (+76.9%) to their portfolio in Q1 2025, for an estimated $443,891,483
  • MORGAN STANLEY added 1,430,838 shares (+13.1%) to their portfolio in Q1 2025, for an estimated $412,281,661
  • CITIGROUP INC removed 1,181,925 shares (-54.4%) from their portfolio in Q1 2025, for an estimated $340,559,869

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

Add Quiver Quantitative to your Google News feed.Google News Logo

Suggested Articles