Yellowstone Partners’s Sprott Physical Gold and Silver Trust CEF Stock Holding History

Yellowstone Partners’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
2016 Q1	–	Sell	-16,214	Closed	-$162K	–	228
2015 Q4	$162K	Sell	16,214 -6,140	-27%	-$65.1K	0.07%	193
2015 Q3	$237K	Sell	22,354 -131	-0.6%	-$1.42K	0.11%	157
2015 Q2	$262K	Sell	22,485 -7,552	-25%	-$90.4K	0.12%	153
2015 Q1	$358K	Sell	30,037 -8,185	-21%	-$101K	0.18%	105
2014 Q4	$443K	Buy	38,222 +1,722	+5%	+$20.4K	0.24%	87
2014 Q3	$449K	Hold	36,500	–	–	0.25%	78
2014 Q2	$531K	Hold	36,500	–	–	0.31%	63
2014 Q1	$502K	Buy	36,500 +14,000	+62%	+$199K	0.32%	68
2013 Q4	$298K	Buy	+22,500	New	+$316K	0.19%	109

Other funds holding CEF

SAC

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

Allianz Asset Management Munich, Germany $123B AUM 45.23% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Parallax Volatility Advisers San Francisco, California $58.9B AUM 51.73% 1-Year Est. Return

Capstone Investment Advisors New York $54B AUM 23.5% 1-Year Est. Return

PAMP

Polar Asset Management Partners Toronto, Ontario, Canada $6.07B AUM 34.81% 1-Year Est. Return

LCM

Landscape Capital Management Englewood, New Jersey $1.54B AUM 30.95% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Yellowstone Partners's CEF Position: Q1 2016 in Review

Yellowstone Partners sold out of Sprott Physical Gold and Silver Trust (CEF) in Q1 2016, closing a stake of 16,214 shares — an estimated $162K sold.

Yellowstone Partners first reported a position in CEF in Q4 2013 and held it in 9 quarters. The position peaked at $531K in Q2 2014. 176 funds tracked by Wall St. Rank hold CEF as of Q1 2016.

Yellowstone Partners reported no remaining Sprott Physical Gold and Silver Trust position as of Q1 2016 after selling out during the quarter.
Yellowstone Partners sold 16,214 Sprott Physical Gold and Silver Trust shares in Q1 2016, an estimated $162K.
Yellowstone Partners first reported a position in Sprott Physical Gold and Silver Trust in Q4 2013 and held it in 9 quarters.
Yellowstone Partners's Sprott Physical Gold and Silver Trust position peaked at $531K in Q2 2014.
176 funds tracked by Wall St. Rank held Sprott Physical Gold and Silver Trust as of Q1 2016.

Based on Yellowstone Partners's 13F filing for Q1 2016, filed 17 Aug 2016.