Baird’s Sprott Physical Gold and Silver Trust CEF Stock Holding History

Baird’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
2015 Q1	$2.93M	Sell	245,370 -5,248	-2%	-$64.6K	0.03%	461
2014 Q4	$2.9M	Buy	250,618 +106,629	+74%	+$1.26M	0.03%	453
2014 Q3	$1.77M	Sell	143,989 -849	-0.6%	-$11.7K	0.02%	488
2014 Q2	$2.11M	Buy	144,838 +20,772	+17%	+$287K	0.03%	477
2014 Q1	$1.71M	Sell	124,066 -77,345	-38%	-$1.1M	0.02%	504
2013 Q4	$2.67M	Buy	201,411 +44,525	+28%	+$626K	0.05%	396
2013 Q3	$2.31M	Buy	156,886 +20,418	+15%	+$304K	0.04%	407
2013 Q2	$1.86M	Buy	+136,468	New	+$2.22M	0.04%	436

Other funds holding CEF

SAC

Smith Affiliated Capital New York $86.5M AUM 5.91% 1-Year Est. Return

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

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

Allianz Asset Management Munich, Germany $123B AUM 45.23% 1-Year Est. Return

Neuberger Berman Group New York $150B AUM 40.08% 1-Year Est. Return

AIM

Artemis Investment Management Edinburgh, United Kingdom $11.2B AUM 80.72% 1-Year Est. Return

Canada Life Winnipeg, Manitoba, Canada $62.7B AUM 37.65% 1-Year Est. Return

Capstone Investment Advisors New York $54B AUM 23.5% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

PAMP

Polar Asset Management Partners Toronto, Ontario, Canada $6.07B AUM 34.81% 1-Year Est. Return

Baird's CEF Position: Q1 2015 in Review

Baird reduced its Sprott Physical Gold and Silver Trust (CEF) stake by 2.1% in Q1 2015, selling an estimated $64.6K and leaving 245,370 shares worth $2.93M. The position accounts for 0.03% of the portfolio, ranked #461.

Baird first reported a position in CEF in Q2 2013 and has held it in 8 quarters since. 191 funds tracked by Wall St. Rank hold CEF as of Q1 2015.

Baird held 245,370 shares of Sprott Physical Gold and Silver Trust worth $2.93M as of Q1 2015.
Baird sold 5,248 Sprott Physical Gold and Silver Trust shares in Q1 2015, an estimated $64.6K.
Sprott Physical Gold and Silver Trust made up 0.03% of Baird's portfolio in Q1 2015, its #461 holding.
Baird first reported a position in Sprott Physical Gold and Silver Trust in Q2 2013 and has held it in 8 quarters since.
191 funds tracked by Wall St. Rank held Sprott Physical Gold and Silver Trust as of Q1 2015.

Based on Baird's 13F filing for Q1 2015, filed 13 May 2015.