SPDR Gold Shares $GLD is Gunderson Capital Management Inc.’s Largest Position

Posted by Kyle Jackson on Apr 1st, 2026

Gunderson Capital Management Inc. lifted its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 11.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,870 shares of the exchange traded fund’s stock after purchasing an additional 3,314 shares during the period. SPDR Gold Shares makes up 5.9% of Gunderson Capital Management Inc.’s investment portfolio, making the stock its largest holding. Gunderson Capital Management Inc.’s holdings in SPDR Gold Shares were worth $13,027,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in GLD. Brighton Jones LLC boosted its stake in shares of SPDR Gold Shares by 20.4% during the 4th quarter. Brighton Jones LLC now owns 11,246 shares of the exchange traded fund’s stock worth $2,723,000 after acquiring an additional 1,903 shares in the last quarter. Bison Wealth LLC increased its stake in SPDR Gold Shares by 77.8% in the 4th quarter. Bison Wealth LLC now owns 5,941 shares of the exchange traded fund’s stock valued at $1,438,000 after purchasing an additional 2,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in SPDR Gold Shares during the first quarter worth $16,014,000. Schnieders Capital Management LLC. raised its holdings in SPDR Gold Shares by 4.8% during the second quarter. Schnieders Capital Management LLC. now owns 6,000 shares of the exchange traded fund’s stock worth $1,829,000 after purchasing an additional 275 shares during the last quarter. Finally, Prudential Financial Inc. purchased a new stake in SPDR Gold Shares during the second quarter worth $337,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

Key Headlines Impacting SPDR Gold Shares

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

Positive Sentiment: Fed dovishness and lower yields boosted safe-haven demand for gold, lifting prices and benefiting GLD. Gold Jumps 2.4% as Fed Signals Patience, Trump Weighs Iran War End
Positive Sentiment: Powell comments that further rate hikes are unlikely reduced rate-risk premia and pushed the dollar and yields lower, supporting gold and GLD. Gold Climbs as Powell Says Interest-Rate Hikes are Unlikely While Reports Say the U.S. May End the Iran War
Positive Sentiment: Spot gold reclaimed key levels above $4,600 on safe‑haven flows and economic data (JOLTS, consumer confidence) that softened rate‑cut expectations — supportive for GLD flows and price. Spot gold trades above $4,600/oz after U.S. Consumer Confidence rises
Positive Sentiment: Technical commentary shows gold testing resistance and potential breakout targets — momentum break could attract momentum and CTA flows into GLD. Gold (XAU/USD) Price Forecast: Breakout Targets Key Fibonacci and MA Levels
Neutral Sentiment: Longer-term bank/upside forecasts remain bullish (UBS, Commerzbank) but depend on rate cuts and sustained safe-haven demand — supportive context but not immediate catalysts. Gold Has Plummeted Since Iran War Began. Why It Could Climb 35% by July.
Neutral Sentiment: Industry staffing news (Tether cutting two gold traders) is company‑specific to counterparties and unlikely to move GLD directly. Tether cuts two gold traders hired three months ago, source says
Negative Sentiment: ETF outflows and heavy selling have pressured gold earlier in the month — a headwind for GLD share flows and price if outflows continue. Gold Drops 15% as ETF Outflows Surge, Buyers Begin Stepping In
Negative Sentiment: Gold remains on track for a large monthly decline amid the Iran war’s market uncertainty — headline risk and volatility can keep investors sidelined and pressure GLD. Gold on track for worst month since 2008 as Iran war enters its fifth week
Negative Sentiment: Reports that U.S./Iran de‑escalation or end‑of‑war moves could reduce safe‑haven demand, which would be a headwind for GLD if confirmed. Gold Climbs as Powell Says Interest-Rate Hikes are Unlikely While Reports Say the U.S. May End the Iran War

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $430.29 on Wednesday. The firm has a market capitalization of $163.55 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a fifty-two week low of $272.58 and a fifty-two week high of $509.70. The stock’s fifty day moving average is $455.48 and its two-hundred day moving average is $408.17.

About SPDR Gold Shares

(Free Report)

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.