Courage Capital Management’s Sprott Physical Gold PHYS Stock Holding History

Courage Capital Management’s Portfolio PHYS Stock Details PHYS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$9.37M	Hold	264,500	–	–	13.27%	3
2025 Q4	$8.73M	Hold	264,500	–	–	12.07%	4
2025 Q3	$7.83M	Hold	264,500	–	–	10.35%	4
2025 Q2	$6.71M	Hold	264,500	–	–	9.89%	4
2025 Q1	$6.36M	Hold	264,500	–	–	12.99%	3
2024 Q4	$5.33M	Hold	264,500	–	–	10.99%	4
2024 Q3	$5.39M	Hold	264,500	–	–	13.36%	2
2024 Q2	$4.78M	Hold	264,500	–	–	12.06%	4
2024 Q1	$4.58M	Hold	264,500	–	–	13.25%	4
2023 Q4	$4.21M	Hold	264,500	–	–	17.01%	2
2023 Q3	$3.79M	Hold	264,500	–	–	12.85%	2
2023 Q2	$3.95M	Buy	264,500 +63,500	+32%	+$981K	10.83%	2
2023 Q1	$3.11M	Buy	201,000 +90,000	+81%	+$1.32M	7.45%	4
2022 Q4	$1.56M	Hold	111,000	–	–	4.4%	4
2022 Q3	$1.42M	Hold	111,000	–	–	3.08%	10
2022 Q2	$1.57M	Buy	111,000 +50,000	+82%	+$737K	2.59%	14
2022 Q1	$938K	Hold	61,000	–	–	0.9%	23
2021 Q4	$876K	Hold	61,000	–	–	0.58%	28
2021 Q3	$842K	Hold	61,000	–	–	0.45%	30
2021 Q2	$856K	Buy	+61,000	New	+$878K	0.51%	27

Other funds holding PHYS

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

FDCDDQ

Federation des caisses Desjardins du Quebec Levis, Quebec, Canada $27.8B AUM 31.66% 1-Year Est. Return

CTC

Central Trust Company Jefferson City, Missouri $5.08B AUM 25.65% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

HWA

Heritage Wealth Advisors Richmond, Virginia $2.56B AUM 19.48% 1-Year Est. Return

EAM

Evanson Asset Management Carmel, California $1.86B AUM 25.39% 1-Year Est. Return

JAM

Jupiter Asset Management London, United Kingdom $18.8B AUM 29.2% 1-Year Est. Return

Cambridge Investment Research Advisors Fairfield, Iowa $38.8B AUM 21.88% 1-Year Est. Return

CAPTRUST Financial Advisors Raleigh, North Carolina $57.3B AUM 18.32% 1-Year Est. Return

IMC Chicago Chicago, Illinois $278B AUM 44.93% 1-Year Est. Return

Courage Capital Management's PHYS Position: Q1 2026 in Review

Courage Capital Management held its Sprott Physical Gold (PHYS) position steady in Q1 2026 at 264,500 shares worth $9.37M. The position accounts for 13.27% of the portfolio, ranked #3.

Courage Capital Management first reported a position in PHYS in Q2 2021 and has held it in 20 quarters since. 675 funds tracked by Wall St. Rank hold PHYS as of Q1 2026.

Courage Capital Management held 264,500 shares of Sprott Physical Gold worth $9.37M as of Q1 2026.
Courage Capital Management left its Sprott Physical Gold share count unchanged in Q1 2026.
Sprott Physical Gold made up 13.27% of Courage Capital Management's portfolio in Q1 2026, its #3 holding.
Courage Capital Management first reported a position in Sprott Physical Gold in Q2 2021 and has held it in 20 quarters since.
675 funds tracked by Wall St. Rank held Sprott Physical Gold as of Q1 2026.

Based on Courage Capital Management's 13F filing for Q1 2026, filed 14 May 2026.