Alpine Global Management’s Sprott Physical Gold and Silver Trust CEF Stock Holding History

Alpine Global Management’s Portfolio CEF Stock Details CEF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-1,075,000	Closed	-$15.2M	–	416
2019 Q3	$15.2M	Buy	1,075,000 +173,358	+19%	+$2.46M	3.9%	7
2019 Q2	$11.9M	Buy	901,642 +151,642	+20%	+$1.89M	3.46%	5
2019 Q1	$9.3M	Sell	750,000 -597,100	-44%	-$7.62M	2.69%	7
2018 Q4	$16.9M	Buy	1,347,100 +147,100	+12%	+$1.75M	4.29%	4
2018 Q3	$14M	Buy	1,200,000 +6,004	+0.5%	+$71.9K	2.68%	10
2018 Q2	$15M	Sell	1,193,996 -128,300	-10%	-$1.7M	7.28%	3
2018 Q1	$17.5M	Buy	1,322,296 +103,896	+9%	+$1.39M	4.11%	7
2017 Q4	$16.3M	Buy	1,218,400 +1,206,938	+10,530%	+$15.9M	3.71%	7
2017 Q3	$145K	Buy	+11,462	New	+$145K	0.04%	182
2017 Q2	–	Sell	-10,882	Closed	-$140K	–	164
2017 Q1	$140K	Hold	10,882	–	–	0.04%	282
2016 Q4	$123K	Sell	10,882 -150,192	-93%	-$1.88M	0.06%	148
2016 Q3	$2.23M	Sell	161,074 -28,400	-15%	-$401K	0.64%	23
2016 Q2	$2.63M	Sell	189,474 -755,834	-80%	-$9.73M	1.21%	24
2016 Q1	$11.3M	Sell	945,308 -2,700	-0.3%	-$30.8K	2.59%	7
2015 Q4	$9.47M	Buy	948,008 +276,000	+41%	+$2.93M	3.04%	5
2015 Q3	$7.12M	Buy	672,008 +209,616	+45%	+$2.27M	2.1%	12
2015 Q2	$5.39M	Hold	462,392	–	–	0.91%	20
2015 Q1	$5.52M	Sell	462,392 -636,834	-58%	-$7.84M	1.79%	9
2014 Q4	$12.7M	Buy	1,099,226 +939,687	+589%	+$11.1M	2.27%	4
2014 Q3	$1.96M	Buy	159,539 +115,736	+264%	+$1.59M	1.47%	22
2014 Q2	$637K	Hold	43,803	–	–	0.18%	66
2014 Q1	$603K	Hold	43,803	–	–	0.52%	42
2013 Q4	$580K	Buy	+43,803	New	+$616K	0.94%	30

Other funds holding CEF

Parallax Volatility Advisers San Francisco, California $58.9B AUM 51.73% 1-Year Est. Return

Central Trust Company Jefferson City, Missouri $5.53B AUM 28.94% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

HHGC

Hunting Hill Global Capital New York $129M AUM 17.34% 1-Year Est. Return

MAP

Managed Asset Portfolios Rochester, Michigan $875M AUM 41.9% 1-Year Est. Return

Boothbay Fund Management New York $7.6B AUM 109.3% 1-Year Est. Return

Artemis Investment Management Edinburgh, United Kingdom $11.5B AUM 61.77% 1-Year Est. Return

Evergreen Capital Management Bellevue, Washington $5.7B AUM 32.06% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Alpine Global Management's CEF Position: Q4 2019 in Review

Alpine Global Management sold out of Sprott Physical Gold and Silver Trust (CEF) in Q4 2019, closing a stake of 1,075,000 shares — an estimated $15.2M sold.

Alpine Global Management first reported a position in CEF in Q4 2013 and held it in 23 quarters. The position peaked at $17.5M in Q1 2018. 194 funds tracked by Wall St. Rank hold CEF as of Q4 2019.

Alpine Global Management reported no remaining Sprott Physical Gold and Silver Trust position as of Q4 2019 after selling out during the quarter.
Alpine Global Management sold 1,075,000 Sprott Physical Gold and Silver Trust shares in Q4 2019, an estimated $15.2M.
Alpine Global Management first reported a position in Sprott Physical Gold and Silver Trust in Q4 2013 and held it in 23 quarters.
Alpine Global Management's Sprott Physical Gold and Silver Trust position peaked at $17.5M in Q1 2018.
194 funds tracked by Wall St. Rank held Sprott Physical Gold and Silver Trust as of Q4 2019.

Based on Alpine Global Management's 13F filing for Q4 2019, filed 16 Jan 2020.