Kanawha Capital Management’s Sprott Physical Gold and Silver Trust CEF Stock Holding History

Kanawha Capital 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
2014 Q4	–	Sell	-12,460	Closed	-$153K	–	152
2014 Q3	$153K	Hold	12,460	–	–	0.03%	153
2014 Q2	$181K	Buy	12,460 +1,860	+18%	+$25.7K	0.03%	156
2014 Q1	$146K	Hold	10,600	–	–	0.03%	152
2013 Q4	$140K	Hold	10,600	–	–	0.03%	151
2013 Q3	$156K	Hold	10,600	–	–	0.03%	143
2013 Q2	$144K	Buy	+10,600	New	+$173K	0.03%	144

Other funds holding CEF

SAC

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

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

ACM

Americafirst Capital Management Roseville, California $74M AUM 13.49% 1-Year Est. Return

Parallax Volatility Advisers San Francisco, California $38.6B AUM 45.89% 1-Year Est. Return

Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return

Capstone Investment Advisors New York $57.4B AUM 26.91% 1-Year Est. Return

PAMP

Polar Asset Management Partners Toronto, Ontario, Canada $5.01B AUM 35.27% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

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

AGM

Alpine Global Management New York $668M AUM 20.22% 1-Year Est. Return

Kanawha Capital Management's CEF Position: Q4 2014 in Review

Kanawha Capital Management sold out of Sprott Physical Gold and Silver Trust (CEF) in Q4 2014, closing a stake of 12,460 shares — an estimated $153K sold.

Kanawha Capital Management first reported a position in CEF in Q2 2013 and held it in 6 quarters. The position peaked at $181K in Q2 2014. 188 funds tracked by Wall St. Rank hold CEF as of Q4 2014.

Kanawha Capital Management reported no remaining Sprott Physical Gold and Silver Trust position as of Q4 2014 after selling out during the quarter.
Kanawha Capital Management sold 12,460 Sprott Physical Gold and Silver Trust shares in Q4 2014, an estimated $153K.
Kanawha Capital Management first reported a position in Sprott Physical Gold and Silver Trust in Q2 2013 and held it in 6 quarters.
Kanawha Capital Management's Sprott Physical Gold and Silver Trust position peaked at $181K in Q2 2014.
188 funds tracked by Wall St. Rank held Sprott Physical Gold and Silver Trust as of Q4 2014.

Based on Kanawha Capital Management's 13F filing for Q4 2014, filed 4 Feb 2015.