Parallax Volatility Advisers’s Sprott Physical Gold and Silver Trust CEF Stock Holding History

Parallax Volatility Advisers’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
2025 Q3	–	Sell	-641,772	Closed	-$19.3M	–	1620
2025 Q2	$19.3M	Sell	641,772 -1,377,816	-68%	-$40.3M	0.04%	282
2025 Q1	$57.4M	Sell	2,019,588 -1,975,845	-49%	-$52.1M	0.16%	111
2024 Q4	$94.9M	Hold	3,995,433	–	–	0.18%	87
2024 Q3	$97.8M	Hold	3,995,433	–	–	0.18%	92
2024 Q2	$88.1M	Hold	3,995,433	–	–	0.19%	93
2024 Q1	$81.3M	Hold	3,995,433	–	–	0.18%	98
2023 Q4	$76.5M	Hold	3,995,433	–	–	0.16%	123
2023 Q3	$69.2M	Hold	3,995,433	–	–	0.15%	115
2023 Q2	$72M	Hold	3,995,433	–	–	0.16%	105
2023 Q1	$75.6M	Hold	3,995,433	–	–	0.15%	119
2022 Q4	$71.6M	Hold	3,995,433	–	–	0.11%	204
2022 Q3	$62.2M	Hold	3,995,433	–	–	0.1%	219
2022 Q2	$67.2M	Hold	3,995,433	–	–	0.06%	209
2022 Q1	$77.4M	Hold	3,995,433	–	–	0.04%	176
2021 Q4	$70.9M	Hold	3,995,433	–	–	0.08%	172
2021 Q3	$68.4M	Hold	3,995,433	–	–	0.07%	197
2021 Q2	$74.6M	Sell	3,995,433 -163,110	-4%	-$3.11M	0.1%	133
2021 Q1	$72.2M	Hold	4,158,543	–	–	0.16%	104
2020 Q4	$80.5M	Hold	4,158,543	–	–	0.08%	193
2020 Q3	$76.3M	Hold	4,158,543	–	–	0.06%	290
2020 Q2	$70.3M	Hold	4,158,543	–	–	0.08%	187
2020 Q1	$60.8M	Hold	4,158,543	–	–	0.08%	180
2019 Q4	$61M	Hold	4,158,543	–	–	0.07%	189
2019 Q3	$58.9M	Hold	4,158,543	–	–	0.07%	165
2019 Q2	$55M	Hold	4,158,543	–	–	0.06%	166
2019 Q1	$51.6M	Hold	4,158,543	–	–	0.06%	155
2018 Q4	$52.1M	Hold	4,158,543	–	–	0.07%	185
2018 Q3	$48.6M	Hold	4,158,543	–	–	0.06%	140
2018 Q2	$52.1M	Hold	4,158,543	–	–	0.07%	113
2018 Q1	$55M	Hold	4,158,543	–	–	0.07%	124
2017 Q4	$55.7M	Hold	4,158,543	–	–	0.08%	123
2017 Q3	$52.7M	Hold	4,158,543	–	–	0.09%	125
2017 Q2	$51.3M	Hold	4,158,543	–	–	0.1%	124
2017 Q1	$53.5M	Hold	4,158,543	–	–	0.11%	113
2016 Q4	$47M	Hold	4,158,543	–	–	0.09%	153
2016 Q3	$57.5M	Sell	4,158,543 -125,000	-3%	-$1.77M	0.11%	129
2016 Q2	$59.5M	Sell	4,283,543 -102,158	-2%	-$1.32M	0.12%	111
2016 Q1	$52.6M	Hold	4,385,701	–	–	0.12%	110
2015 Q4	$43.8M	Hold	4,385,701	–	–	0.09%	143
2015 Q3	$46.4M	Hold	4,385,701	–	–	0.1%	132
2015 Q2	$51.1M	Hold	4,385,701	–	–	0.11%	122
2015 Q1	$52.3M	Hold	4,385,701	–	–	0.12%	124
2014 Q4	$50.8M	Buy	4,385,701 +177,192	+4%	+$2.1M	0.15%	138
2014 Q3	$51.8M	Buy	4,208,509 +85,672	+2%	+$1.18M	0.16%	114
2014 Q2	$59.9M	Buy	4,122,837 +179,763	+5%	+$2.48M	0.25%	76
2014 Q1	$54.3M	Buy	3,943,074 +375,420	+11%	+$5.33M	0.32%	70
2013 Q4	$47.3M	Buy	+3,567,654	New	+$50.1M	0.23%	98

Other funds holding CEF

CTC

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

BFG

Bleakley Financial Group Fairfield, New Jersey $6.39B AUM 26.33% 1-Year Est. Return

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

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

JAM

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

Baird Financial Group Milwaukee, Wisconsin $64B AUM 22.64% 1-Year Est. Return

MAP

Managed Asset Portfolios Rochester, Michigan $834M AUM 33.97% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

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

Parallax Volatility Advisers's CEF Position: Q3 2025 in Review

Parallax Volatility Advisers sold out of Sprott Physical Gold and Silver Trust (CEF) in Q3 2025, closing a stake of 641,772 shares — an estimated $19.3M sold.

Parallax Volatility Advisers first reported a position in CEF in Q4 2013 and held it in 47 quarters. The position peaked at $97.8M in Q3 2024. 405 funds tracked by Wall St. Rank hold CEF as of Q3 2025.

Parallax Volatility Advisers reported no remaining Sprott Physical Gold and Silver Trust position as of Q3 2025 after selling out during the quarter.
Parallax Volatility Advisers sold 641,772 Sprott Physical Gold and Silver Trust shares in Q3 2025, an estimated $19.3M.
Parallax Volatility Advisers first reported a position in Sprott Physical Gold and Silver Trust in Q4 2013 and held it in 47 quarters.
Parallax Volatility Advisers's Sprott Physical Gold and Silver Trust position peaked at $97.8M in Q3 2024.
405 funds tracked by Wall St. Rank held Sprott Physical Gold and Silver Trust as of Q3 2025.

Based on Parallax Volatility Advisers's 13F filing for Q3 2025, filed 14 Nov 2025.