World Gold Trust (GLDM)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)		NaN	NaN	NaN	NaN	NaN
Cash burn (monthly)		(no burn)	1.39 mm	1.12 mm	333.04 mm	83.26 mm
Cash used (since last report)		n/a	3.87 mm	3.11 mm	927.94 mm	231.98 mm
Cash remaining		n/a	NaN	NaN	NaN	NaN
Runway (months of cash)		n/a	NaN	NaN	NaN	NaN

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

GLDM institutional ownership history Ownership history

71.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	446	394	+13.2%
Opened positions	84	60	+40.0%
Closed positions	32	30	+6.7%
Increased positions	156	152	+2.6%
Reduced positions	126	123	+2.4%

13F shares	Current	Prev Q	Change
Total value	5.52 tn	3.90 tn	+41.4%
Total shares	109.42 mm	91.80 mm	+19.2%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
CMTDF Sumitomo Mitsui Trust	13.80 mm	$719.39 bn	0.0%
MS Morgan Stanley	6.63 mm	$345.56 bn	+4.4%
Evoke Wealth	6.56 mm	$341.82 bn	NEW
Cassaday & Co Wealth Management	5.64 mm	$293.91 bn	NEW
Asset Management One	4.02 mm	$209.43 bn	+28.1%
3EDGE Asset Management	3.84 mm	$200.21 bn	+14.3%
UBS UBS	3.49 mm	$181.84 bn	+6.2%
STT State Street	3.23 mm	$168.22 bn	+43.2%
BAC Bank of America	2.24 mm	$116.56 bn	-33.6%
SF Stifel Financial	2.14 mm	$111.61 bn	+2.2%

Largest transactions	Shares	Bought/sold	Change
Evoke Wealth	6.56 mm	+6.56 mm	NEW
Cassaday & Co Wealth Management	5.64 mm	+5.64 mm	NEW
Mizuho Bank	0.00	-2.40 mm	EXIT
C Citigroup	1.89 mm	+1.89 mm	+5727072.7%
Quadrature Capital	1.62 mm	+1.62 mm	NEW
Benjamin Edwards	1.43 mm	+1.36 mm	+1805.0%
Benjamin F. Edwards & Company	0.00	-1.30 mm	EXIT
BAC Bank of America	2.24 mm	-1.13 mm	-33.6%
MIRAE ASSET GLOBAL ETFS	1.02 mm	+1.02 mm	NEW
STT State Street	3.23 mm	+973.41 k	+43.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

News

From Benzinga Pro

Gold Poised For Its Best Year In A Decade While Bitcoin Surges: Analysts Eye 2025 As A Golden Era For Precious Metal Amid Michael Saylor's Push For BTC As A Reserve Asset

16 Dec 24

Analysts predict a good year for gold in 2025 after it’s poised for the best annual performance in over a decade in 2024.

'Go For Gold,' Says Goldman Sachs: Precious Yellow Metal Price Would Rise In 2025 Amid Central Bank Buying, Fed Rate Cuts

18 Nov 24

Additionally, geopolitical risks, particularly concerning Iran, could influence oil supply due to potential increased U.S. support for Israel and stricter sanctions enforcement.

Gold Drops To A Two-Month Low As Investors Turn To Bitcoin After Trump's Victory, But This Economist Remains Confident That 'Gold Will Surge'

14 Nov 24

Even after the U.S. headline and core consumer price inflation rose in the month of October, the Gold spot (NASDAQ:XAU) prices fell to a two-month low and have been hovering in the same range. Key ETFs that track gold, have also taken a beating.

Economist Peter Schiff Sees 'A Silver Lining' As Gold Plummets, While Investors Rush To Snap Up Bitcoin Gains: 'Typically…Silver Would Be Down Twice As Much'

12 Nov 24

Investors Look To Gold As Middle East Tensions Rise: How Israel-Iran Conflict Could Impact Prices

2 Oct 24