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GLD
LONGSPDR GOLD TR
Funds
3
Score
4.50
vs SPY
-19.4%
Stock return (since Q-end)
-3.1%
SPY return (since Q-end)
+16.3%
Current price
$417.12
News Summary
NeutralGLD continues to benefit from elevated gold prices (trading at $417.12 with holdings valued at $155B) driven by geopolitical uncertainty, macro headwinds, and expected Fed rate cuts, supported by strong institutional demand and record Q1 2026 gold demand of $193B in value. However, recent volatility including a 6.49% decline since April 17 technical sell signal and 9% drop on Kevin Warsh Fed Chair nomination creates near-term headwinds, while gold ETF inflows have moderated significantly (62t in Q1 2026 vs. 230t in Q1 2025).
Red flags
- •Technical sell signal issued April 17, 2026 with -6.49% decline since pivot top
- •Gold ETF inflows declined 73% year-over-year (62t vs. 230t in Q1 2025)
- •Recent 9% price decline on Kevin Warsh Fed Chair nomination announcement
- •Gold prices down >10% in March 2026, largest monthly decline since June 2013
Funds Buying (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | QoQ | Status |
|---|---|---|---|---|---|---|
| Greenlight Capital | David Einhorn | 100K | +100K | $42.9B | — | NEW |
| Third Point | Dan Loeb | 95K | +95K | $40.9B | — | NEW |
| Point72 | Steve Cohen | 50K | +50K | $21.5B | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.