Sovran Advisors LLC Has $10.18 Million Holdings in SPDR Gold Shares $GLD

Sovran Advisors LLC decreased its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 11.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,052 shares of the exchange traded fund’s stock after selling 3,001 shares during the period. SPDR Gold Shares comprises 0.9% of Sovran Advisors LLC’s portfolio, making the stock its 23rd largest holding. Sovran Advisors LLC’s holdings in SPDR Gold Shares were worth $10,182,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in GLD. Bank of Montreal Can acquired a new stake in shares of SPDR Gold Shares during the third quarter worth approximately $556,282,000. Corient Private Wealth LLC increased its stake in SPDR Gold Shares by 108.1% in the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after buying an additional 559,507 shares during the period. Flow Traders U.S. LLC increased its stake in SPDR Gold Shares by 276.0% in the 2nd quarter. Flow Traders U.S. LLC now owns 304,814 shares of the exchange traded fund’s stock valued at $92,916,000 after buying an additional 223,744 shares during the period. iA Global Asset Management Inc. purchased a new stake in SPDR Gold Shares in the 3rd quarter worth approximately $77,873,000. Finally, SG Americas Securities LLC lifted its position in SPDR Gold Shares by 25.4% in the 4th quarter. SG Americas Securities LLC now owns 657,871 shares of the exchange traded fund’s stock worth $260,721,000 after buying an additional 133,404 shares in the last quarter. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $429.41 on Friday. The firm has a fifty day moving average of $454.35 and a two-hundred day moving average of $409.64. SPDR Gold Shares has a 12-month low of $272.58 and a 12-month high of $509.70. The firm has a market capitalization of $157.34 billion, a P/E ratio of -32.43 and a beta of 0.09.

Key SPDR Gold Shares News

Here are the key news stories impacting SPDR Gold Shares this week:

• Positive Sentiment: Daily ETF flows show fresh demand for GLD — the fund gathered about $550M on April 1, which supports spot-gold exposure and liquidity for GLD holders. Daily ETF Flows: GLD Gathers $550M
• Positive Sentiment: Central banks remain net buyers of gold, a structural demand tailwind that supports bullion and GLD over the medium term. Central banks remain net gold buyers
• Positive Sentiment: Technical/market bounce: some analysts note a short-term recovery in gold (weekly rebound, reclaiming moving-average support), which can stabilize GLD if momentum continues. Gold Weekly Price Analysis – Gold Continues to Fight Back
• Neutral Sentiment: ETF positioning vs. alternatives — coverage notes GLD offers superior liquidity and a low expense ratio vs. some peers (IAU, SGDM, SIL), meaning investors may prefer GLD for core gold exposure even as other funds outperform intermittently. GLD or IAU ETF pick
• Negative Sentiment: Macro headwinds: a spike in oil shifted the rate outlook higher, lifting inflation concerns and Treasury yields — this reduces gold’s safe-haven appeal and pressured prices. Gold Drops As Oil Spike Shifts Rate Outlook
• Negative Sentiment: Dollar and bond-yield strength ahead of key U.S. data (NFP) has applied near-term selling pressure on gold, which typically drags GLD lower while yields rise. Gold and Silver Technical Analysis: Prices Under Pressure
• Negative Sentiment: Minor institutional trimming: a small 13F disclosure shows Balboa Wealth Partners cut its GLD position (~15.8% of its holding), a modest signal but not large enough alone to move the market. Balboa Wealth Partners sells GLD

SPDR Gold Shares Company 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.