GLD

Ownership data on the gold ETF GLD shows a holder base dominated by categories that trade on signals rather than conviction.

The largest single line is other_unclassified at 55.8%, more than half the holder base. That bucket is a gap in the data: the 13F filings this breakdown is built from only capture institutional managers, miss retail brokerage accounts, and arrive 45 to 90 days after the quarter they describe. Whatever that majority is doing now is not visible in this snapshot. Institutional pressure on GLD reads neutral, at negative 0.05, and the broader market regime reads neutral too, at negative 0.13. Neither score points to funds leaning hard in either direction. With dealer banks and quant funds together holding roughly a third of the classified base, a neutral pressure score fits a holder set that trades gold as a hedge rather than a long term conviction position. Short interest, which can flag positioning against a move, is reported only twice a month and is not included here. None of this is forward looking. The ownership percentages reflect filings up to three months old, the pressure and regime scores are point in time measures, and the 55.8% unclassified slice means the fullest read of who holds GLD right now is simply unavailable from this data.