Capstone Investment Advisors’s Sprott Physical Gold and Silver Trust CEF Stock Holding History

Capstone Investment Advisors’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
2016 Q2	–	Sell	-3,228,773	Closed	-$38.7M	–	700
2016 Q1	$38.7M	Sell	3,228,773 -938,571	-23%	-$10.7M	1.18%	25
2015 Q4	$41.6M	Buy	4,167,344 +228,339	+6%	+$2.42M	1.11%	18
2015 Q3	$41.7M	Buy	3,939,005 +717,019	+22%	+$7.77M	0.97%	20
2015 Q2	$37.6M	Buy	3,221,986 +871,570	+37%	+$10.4M	0.53%	40
2015 Q1	$28M	Sell	2,350,416 -256,838	-10%	-$3.16M	0.46%	42
2014 Q4	$30.2M	Buy	2,607,254 +2,013,873	+339%	+$23.9M	0.43%	46
2014 Q3	$7.3M	Buy	593,381 +517,486	+682%	+$7.11M	0.08%	187
2014 Q2	$1.1M	Buy	+75,895	New	+$1.05M	0.01%	305
2013 Q3	–	Sell	-118,093	Closed	-$1.61M	–	510
2013 Q2	$1.61M	Buy	+118,093	New	+$1.92M	0.02%	291

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

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

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

Allianz Asset Management Munich, Germany $112B AUM 36.28% 1-Year Est. Return

Sprott Inc Toronto, Ontario, Canada $3.15B AUM 70.1% 1-Year Est. Return

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

CIBC Asset Management Toronto, Ontario, Canada $45.6B AUM 44.74% 1-Year Est. Return

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

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Capstone Investment Advisors's CEF Position: Q2 2016 in Review

Capstone Investment Advisors sold out of Sprott Physical Gold and Silver Trust (CEF) in Q2 2016, closing a stake of 3,228,773 shares — an estimated $38.7M sold.

Capstone Investment Advisors first reported a position in CEF in Q2 2013 and held it in 9 quarters. The position peaked at $41.7M in Q3 2015. 172 funds tracked by Wall St. Rank hold CEF as of Q2 2016.

Capstone Investment Advisors reported no remaining Sprott Physical Gold and Silver Trust position as of Q2 2016 after selling out during the quarter.
Capstone Investment Advisors sold 3,228,773 Sprott Physical Gold and Silver Trust shares in Q2 2016, an estimated $38.7M.
Capstone Investment Advisors first reported a position in Sprott Physical Gold and Silver Trust in Q2 2013 and held it in 9 quarters.
Capstone Investment Advisors's Sprott Physical Gold and Silver Trust position peaked at $41.7M in Q3 2015.
172 funds tracked by Wall St. Rank held Sprott Physical Gold and Silver Trust as of Q2 2016.

Based on Capstone Investment Advisors's 13F filing for Q2 2016, filed 15 Aug 2016.