BTG Pactual Asset Management US LLC GLD — SPDR GOLD TR

Ownership history in BTG Pactual Asset Management US LLC  ·  13 quarters on record

AI Ownership Summary

BTG Pactual Asset Management US LLC reported SPDR GOLD TR (GLD) in 13 quarterly 13F filings from 2024 Q3 through 2026 Q1. Peak portfolio weight reached 1.85% in 2025 Q1. The latest visible filing shows GLD at 1.62% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this GLD ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was BTG Pactual Asset Management US LLC's position in SPDR GOLD TR, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

GLD was reported at 1.62% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
1.85% in 2025 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q3 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

GLD stock page BTG Pactual Asset Management US LLC fund profile BTG Pactual Asset Management US LLC full holdings
How BTG Pactual Asset Management US LLC held GLD — position size vs. price
% of Fund (quarterly)    GLD price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 13 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 ADDED — — — 43,399 +42,599 +5324.9% 1.62% $18.7M 2026-05-14 $427.21
2026 Q1 UNCHANGED — — — 800 — 0% 0.03% $344K 2026-05-14 $427.21
2026 Q1 REDUCED 97.9% -14.3% ✅ 800 -36,798 -97.9% 0.03% $344K 2026-05-14 $427.21
2025 Q4 ADDED — — — 37,598 +36,798 +4599.8% 1.45% $14.9M 2026-02-17 $448.20
2025 Q4 REDUCED 88.2% +8.6% ❌ 800 -6,000 -88.2% 0.03% $317K 2026-02-17 $448.20
2025 Q4 REDUCED 85.6% +8.6% ❌ 6,800 -40,338 -85.6% 0.26% $2.7M 2026-02-17 $448.20
2025 Q3 ADDED — — — 47,138 +8,844 +23.1% 0.79% $16.8M 2025-11-13 $382.87
2025 Q2 ADDED — — — 38,294 +6,672 +21.1% 1.28% $11.7M 2025-08-14 $307.25
2025 Q1 REDUCED 47.3% +5.8% ❌ 31,622 -28,378 -47.3% 0.98% $9.1M 2025-05-15 $297.84
2025 Q1 UNCHANGED — — — 60,000 — 0% 1.85% $17.3M 2025-05-15 $297.84
2025 Q1 ADDED — — — 60,000 +28,097 +88.1% 1.85% $17.3M 2025-05-15 $297.84
2024 Q4 ADDED — — — 31,903 +6,274 +24.5% 0.80% $7.8M 2025-02-13 $270.31
2024 Q3 INITIATED — — — 25,629 — — 0.54% $6.2M 2024-11-14 $237.01

🏢 Other funds also holding GLD

As of 2026 Q2 — sorted by position size

Marino Management, LLC 84.92% VISTA FINANCE, LLC 3Y 20.84% PPSC Investment Service Corp 3Y 17.95% Corecam AG 16.56% Corecam Pte. Ltd. 13.77% BCM ADVISORS, LLC 3Y 7Y 13.71% Bayshore Capital Advisors, LLC 12.92% Walser Wealth Management Company, A Ltd Liability Co 12.04% Mader & Shannon Wealth Management, Inc. 3Y 7Y 11.68% Arnhold LLC 3Y 7Y 10.13%

FAQ About BTG Pactual Asset Management US LLC and GLD

These are the practical questions this page is built to answer before you even open the full history table.

How long has BTG Pactual Asset Management US LLC reported owning GLD?

BTG Pactual Asset Management US LLC reported GLD across 13 quarterly 13F filings, from 2024 Q3 through 2026 Q1.

What was the largest reported GLD position in BTG Pactual Asset Management US LLC's portfolio?

The largest reported portfolio weight for GLD was 1.85% in 2025 Q1.

What is the latest reported GLD position on this page?

The most recent filing on this page is 2026 Q1, when BTG Pactual Asset Management US LLC reported 43,399 shares, equal to 1.62% of portfolio, with an estimated market value of $18.7M.

What does the chart on this GLD ownership page compare?

The chart compares BTG Pactual Asset Management US LLC's quarterly GLD portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did BTG Pactual Asset Management US LLC time their GLD position?

Based on 13F filing dates vs. subsequent GLD price moves, BTG Pactual Asset Management US LLC correctly timed 7 out of 10 reported position changes (70%). The annualised alpha on GLD relative to SPY over the holding period was +25.5%.

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