MLIM
PHYS icon

Mountain Lake Investment Management’s Sprott Physical Gold PHYS Stock Holding History

Mountain Lake Investment 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 		$16M Sell
450,344
-839
-0.2% -$31K 10.31% 1
2025
Q4 		$14.9M Sell
451,183
-10,957
-2% -$347K 11.32% 2
2025
Q3 		$13.7M Sell
462,140
-28,453
-6% -$755K 10.19% 2
2025
Q2 		$12.4M Hold
490,593
– – 10.35% 2
2025
Q1 		$11.8M Buy
490,593
+114,593
+30% +$2.54M 11.11% 2
2024
Q4 		$7.57M Buy
376,000
+11,000
+3% +$226K 8.72% 3
2024
Q3 		$7.44M Hold
365,000
– – 7.82% 4
2024
Q2 		$6.59M Buy
365,000
+15,000
+4% +$272K 6.91% 7
2024
Q1 		$6.05M Buy
350,000
+32,000
+10% +$513K 6.28% 7
2023
Q4 		$5.07M Sell
318,000
-32,000
-9% -$492K 5.18% 10
2023
Q3 		$5.01M Sell
350,000
-10,000
-3% -$150K 4.02% 13
2023
Q2 		$5.37M Sell
360,000
-22,000
-6% -$340K 3.36% 13
2023
Q1 		$5.91M Hold
382,000
– – 5.39% 9
2022
Q4 		$5.39M Sell
382,000
-13,000
-3% -$174K 4.09% 12
2022
Q3 		$5.06M Hold
395,000
– – 4.3% 11
2022
Q2 		$5.6M Buy
395,000
+45,000
+13% +$663K 4.79% 9
2022
Q1 		$5.38M Buy
350,000
+150,000
+75% +$2.22M 3.25% 15
2021
Q4 		$2.87M Buy
200,000
+25,000
+14% +$353K 1.37% 18
2021
Q3 		$2.42M Hold
175,000
– – 1.05% 18
2021
Q2 		$2.46M Sell
175,000
-155,000
-47% -$2.23M 1.2% 23
2021
Q1 		$4.42M Sell
330,000
-20,000
-6% -$284K 2.48% 17
2020
Q4 		$5.28M Sell
350,000
-8,000
-2% -$119K 3.48% 12
2020
Q3 		$5.39M Buy
358,000
+8,000
+2% +$122K 3.66% 11
2020
Q2 		$5.01M Buy
+350,000
New +$4.83M 3.6% 12
2014
Q4 		– Sell
-49,263
Closed -$491K – 43
2014
Q3 		$491K Buy
49,263
+19,650
+66% +$208K 0.32% 35
2014
Q2 		$326K Hold
29,613
– – 0.21% 38
2014
Q1 		$316K Hold
29,613
– – 0.23% 32
2013
Q4 		$295K Sell
29,613
-460,887
-94% -$4.86M 0.2% 31
2013
Q3 		$5.41M Buy
490,500
+27,148
+6% +$301K 3.75% 11
2013
Q2 		$4.75M Buy
+463,352
New +$5.47M 3.55% 13

Other funds holding PHYS

Royal Bank of Canada
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
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
Cambridge Investment Research Advisors Fairfield, Iowa $38.8B AUM 21.88% 1-Year Est. Return
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors Raleigh, North Carolina $57.3B AUM 18.32% 1-Year Est. Return
IMC Chicago
IMC Chicago Chicago, Illinois $278B AUM 44.93% 1-Year Est. Return

Mountain Lake Investment Management's PHYS Position: Q1 2026 in Review

Mountain Lake Investment Management reduced its Sprott Physical Gold (PHYS) stake by 0.19% in Q1 2026, selling an estimated $31K and leaving 450,344 shares worth $16M. The position accounts for 10.31% of the portfolio, ranked #1.

Mountain Lake Investment Management first reported a position in PHYS in Q2 2013 and has held it in 30 quarters since. 675 funds tracked by Wall St. Rank hold PHYS as of Q1 2026.

  • Mountain Lake Investment Management held 450,344 shares of Sprott Physical Gold worth $16M as of Q1 2026.
  • Mountain Lake Investment Management sold 839 Sprott Physical Gold shares in Q1 2026, an estimated $31K.
  • Sprott Physical Gold made up 10.31% of Mountain Lake Investment Management's portfolio in Q1 2026, its #1 holding.
  • Mountain Lake Investment Management first reported a position in Sprott Physical Gold in Q2 2013 and has held it in 30 quarters since.
  • 675 funds tracked by Wall St. Rank held Sprott Physical Gold as of Q1 2026.

Based on Mountain Lake Investment Management's 13F filing for Q1 2026, filed 15 May 2026.