Ronald Muhlenkamp's GLD Position Overview
Ronald Muhlenkamp (via Muhlenkamp & Co INC) currently holds 22,301 shares of SPDR Gold Shares (GLD) worth $8.84 M, representing 2.38% of the portfolio. First purchased in 2016-Q2, this long-term strategic position has been held for 39 quarters.
Based on 13F filings, Ronald Muhlenkamp has maintained a strategic position in GLD, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2022, adding 3,840 shares. Largest reduction occurred in Q4 2021, reducing 25,767 shares.
Analysis based on 13F filings available since 2013 Q2
Ronald Muhlenkamp's SPDR Gold Shares (GLD) Holding Value Over Time
Track share changes against reported price movement
Quarterly SPDR Gold Shares (GLD) Trades by Ronald Muhlenkamp
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +59 | Add 0.27% | 22,301 | $396.31 |
| Q3 2025 | -64 | Reduce 0.29% | 22,242 | $355.48 |
| Q2 2025 | -22 | Reduce 0.10% | 22,306 | $304.83 |
| Q1 2025 | +243 | Add 1.10% | 22,328 | $288.14 |
| Q4 2024 | +137 | Add 0.62% | 22,085 | $242.13 |
| Q3 2024 | +255 | Add 1.18% | 21,948 | $243.06 |
| Q2 2024 | +50 | Add 0.23% | 21,693 | $215.01 |
| Q1 2024 | +2,522 | Add 13.19% | 21,643 | $205.72 |
| Q4 2023 | +411 | Add 2.20% | 19,121 | $191.17 |
| Q3 2023 | +225 | Add 1.22% | 18,710 | $171.45 |
| Q2 2023 | +18,485 | Add 0.00% | 18,485 | $178.27 |
| Q4 2022 | -53 | Reduce 0.29% | 18,432 | $169.64 |
| Q3 2022 | +3,840 | Add 26.22% | 18,485 | $154.67 |
| Q2 2022 | -916 | Reduce 5.89% | 14,645 | $168.45 |
| Q1 2022 | -184 | Reduce 1.17% | 15,561 | $180.64 |
| Q4 2021 | -25,767 | Reduce 62.07% | 15,745 | $170.97 |
| Q3 2021 | -125 | Reduce 0.30% | 41,512 | $164.22 |
| Q2 2021 | +100 | Add 0.24% | 41,637 | $165.62 |
| Q1 2021 | -6,022 | Reduce 12.66% | 41,537 | $166.96 |
| Q4 2020 | -22,095 | Reduce 31.72% | 47,559 | $178.37 |
| Q3 2020 | +65 | Add 0.09% | 69,654 | $177.12 |
| Q2 2020 | +69,589 | Add 0.00% | 69,589 | $167.37 |
| Q4 2019 | +68 | Add 0.08% | 83,028 | $142.90 |
| Q2 2019 | +272 | Add 0.33% | 82,960 | $133.20 |
| Q1 2019 | +82,689 | Add 0.00% | 82,688 | $122.01 |
| Q3 2018 | -500 | Reduce 0.59% | 83,871 | $112.76 |
| Q1 2018 | +1,636 | Add 1.98% | 84,371 | $125.79 |
| Q4 2017 | +105 | Add 0.13% | 82,735 | $123.65 |
| Q3 2017 | -1,970 | Reduce 2.33% | 82,630 | $121.58 |
| Q2 2017 | -105 | Reduce 0.12% | 84,600 | $118.01 |
| Q1 2017 | -740 | Reduce 0.87% | 84,705 | $118.72 |
| Q4 2016 | -1,270 | Reduce 1.46% | 85,445 | $109.61 |
| Q3 2016 | -605 | Reduce 0.69% | 86,715 | $125.64 |
| Q2 2016 | +87,320 | New Buy | 87,320 | $126.47 |
Ronald Muhlenkamp's SPDR Gold Shares Investment FAQs
Ronald Muhlenkamp first purchased SPDR Gold Shares (GLD) in Q2 2016, acquiring 87,320 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ronald Muhlenkamp has held SPDR Gold Shares (GLD) for 39 quarters since Q2 2016.
Ronald Muhlenkamp's largest addition to SPDR Gold Shares (GLD) was in Q2 2016, adding 87,320 shares worth $11.04 M.
According to the latest 13F filing for Q4 2025, Ronald Muhlenkamp's firm, Muhlenkamp & Co INC, owns 22,301 shares of SPDR Gold Shares (GLD), valued at approximately $8.84 M.
As of the Q4 2025 filing, SPDR Gold Shares (GLD) represents approximately 2.38% of Ronald Muhlenkamp's publicly disclosed stock portfolio, making it one of their key holdings.
Ronald Muhlenkamp's peak holding in SPDR Gold Shares (GLD) was 87,320 shares, as reported at the end of Q2 2016.