Otter Creek Management’s Sprott Physical Gold and Silver Trust CEF Stock Holding History

Otter Creek 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
2015 Q3	–	Sell	-20,000	Closed	-$233K	–	75
2015 Q2	$233K	Sell	20,000 -20,000	-50%	-$239K	0.21%	75
2015 Q1	$477K	Sell	40,000 -70,000	-64%	-$862K	0.43%	61
2014 Q4	$1.27M	Buy	+110,000	New	+$1.3M	0.58%	65

Other funds holding CEF

SAC

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

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

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

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

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

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

PAMP

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

Canada Life Winnipeg, Manitoba, Canada $55.8B AUM 26.04% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

Otter Creek Management's CEF Position: Q3 2015 in Review

Otter Creek Management sold out of Sprott Physical Gold and Silver Trust (CEF) in Q3 2015, closing a stake of 20,000 shares — an estimated $233K sold.

Otter Creek Management first reported a position in CEF in Q4 2014 and held it in 3 quarters. The position peaked at $1.27M in Q4 2014. 178 funds tracked by Wall St. Rank hold CEF as of Q3 2015.

Otter Creek Management reported no remaining Sprott Physical Gold and Silver Trust position as of Q3 2015 after selling out during the quarter.
Otter Creek Management sold 20,000 Sprott Physical Gold and Silver Trust shares in Q3 2015, an estimated $233K.
Otter Creek Management first reported a position in Sprott Physical Gold and Silver Trust in Q4 2014 and held it in 3 quarters.
Otter Creek Management's Sprott Physical Gold and Silver Trust position peaked at $1.27M in Q4 2014.
178 funds tracked by Wall St. Rank held Sprott Physical Gold and Silver Trust as of Q3 2015.

Based on Otter Creek Management's 13F filing for Q3 2015, filed 16 Nov 2015.