Thursday, August 18, 2016

Inflection point in Gold?

there's been some transactions in gold holdings.




最近投资大佬减持黄金ETF或黄金股的消息不断出现,杜肯资本(Duquesne Capital)创始人亿万富翁德鲁肯米勒(Stanley Druckenmiller)已经清空他所有在黄金ETF SPDR Gold的仓位;索罗斯基金公司也大幅减持巴里克黄金公司股份,高位套现。全球最大黄金ETF--SPDR GOLD TRUST周三持仓较上日下降4.45吨,当前持仓量为957.78吨。
凯投宏观分析师Simona Gambarini表示你所看见的波动是基于对美联储加息的投机性,这已成为金价的主要驱动力。


Druckenmiller still owns just over 1.82 million shares of Barrick Gold (ABX), a position he opened in the first quarter of 2016. Shares of Barrick Gold have soared 198% in the first half of 2016.
Meanwhile, George Soros, the legendary hedge fund manager who runs his name-sake family-office Soros Fund Management, also closed a position on the SPDR Gold ETF that he had bought in the first quarter in the form of call options on 1,050,000 shares, the filing shows.That said, during the second quarter, Soros did buy 240,000 shares of the SPDR Gold ETF, a position valued at $30,365,000 at the end of the second quarter, the filing shows.Soros also massively pared back his stake in Barrick Gold, selling 18,348,235 shares in the second quarter. He last held 1,071,074 million shares of Barrick Gold, a position worth just over $22.8 million at the end of the quarter. Soros had been invested in Barrick Gold since the first quarter of 2016. 

As a reminder, hedge funds of a certain size are required to disclose their long stock holdings in filings known as 13-Fs. Of course, the filings only provide a partial picture since they do not show short positions or wagers on commodities, currencies, or fixed income. What’s more is these filings come out 45 days after the end of each quarter, so it’s possible they could have traded in and out of the position. Still, it does provide a glimpse into where some of the top money managers have been placing money in the stock market.