We are live on ! Find out more
CEF icon

Sprott Physical Gold and Silver Trust
CEF

294 hedge funds and large institutions have $1.42B invested in Sprott Physical Gold and Silver Trust in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 70 increasing their positions, 96 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 23

9% more capital invested

Capital invested by funds: $1.3B → $1.42B (+$114M)

2.01% more ownership

Funds ownership: 32.9% → 34.91% (+2%)

2% more funds holding

Funds holding: 289 → 294 (+5)

13% less funds holding in top 10

Funds holding in top 10: 16 → 14 (-2)

27% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 96

Holders
294
Holders Change
+5
Holders Change %
+1.73%
% of All Funds
4.29%
Holding in Top 10
14
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-12.5%
% of All Funds
0.2%
New
29
Increased
70
Reduced
96
Closed
23
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$55.8M
2
BCM
Bluefin Capital Management
New York
+$39.6M
3
Ameriprise
Ameriprise
Minnesota
+$11.5M
4
Jane Street
Jane Street
New York
+$6.2M
5
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$4.65M

Top Sellers

1
PI
PFG Investments
New York
-$8.76M
2
MGWM
Marks Group Wealth Management
Minnesota
-$6.41M
3
JAM
Jupiter Asset Management
United Kingdom
-$6.2M
4
HHGC
Hunting Hill Global Capital
New York
-$4.87M
5
PCM
PenderFund Capital Management
British Columbia, Canada
-$4.71M
Name Holding Trade Value Shares
Change 		Change in
Stake
CAL
226
Capital Analysts LLC
Pennsylvania
$149K -$38K -2,063 -21%
AIM
227
Arcadia Investment Management
Michigan
$144K – – –
ECM
228
Elgethun Capital Management
South Dakota
$143K – – –
WT
229
Whittier Trust
California
$140K – – –
GC
230
Garde Capital
Washington
$139K +$134K +7,245 New
UB
231
UMB Bank
Missouri
$135K -$45.6K -2,475 -26%
RWM
232
Ruedi Wealth Management
Illinois
$134K – – –
WTA
233
Washington Trust Advisors
Massachusetts
$130K +$125K +6,800 New
SAM
234
S.A. Mason
Michigan
$125K +$3.04K +165 +3%
NS
235
NBC Securities
Alabama
$116K – – –
HI
236
Harbour Investments
Wisconsin
$107K +$103K +5,569 New
CSC
237
Caldwell Sutter Capital
California
$97.7K – – –
AA
238
Addison Advisors
Vermont
$90.8K +$87.4K +4,740 New
CAM
239
Creekmur Asset Management
Illinois
$84.6K +$81.4K +4,416 New
LWA
240
Lowe Wealth Advisors
Maryland
$76.6K – – –
CAS
241
Coppell Advisory Solutions
Texas
$76.5K +$73.7K +3,995 New
ATC
242
Advantage Trust Company
Kansas
$76.4K +$73.6K +3,990 New
BWM
243
Baystate Wealth Management
Massachusetts
$67K +$64.5K +3,500 New
SFA
244
Semmax Financial Advisors
North Carolina
$66K – – –
BBHC
245
Brown Brothers Harriman & Co
New York
$64.9K – – –
HWA
246
Heritage Wealth Advisors
Virginia
$57.5K – – –
BFS
247
Burkett Financial Services
South Carolina
$53K +$51K +2,766 New
First Manhattan
248
First Manhattan
New York
$49.8K – – –
SFFS
249
Stonehage Fleming Financial Services
Jersey
$40.6K +$20.4K +1,105 +109%
GI
250
GAMMA Investing
California
$37.2K +$36.9K +2,000 New
8 9
10
11 12

CEF Hedge Fund Activity: Q4 2023 in Review

294 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q4 2023, worth a combined $1.42B — up 8.7% from $1.3B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new CEF positions and 23 closed out — a net gain of 6 holders — while 70 added to existing stakes and 96 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $55.8M. The largest seller was PFG Investments, exiting entirely with an estimated $8.76M sold.

  • 294 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q4 2023, up from 289 in Q3 2023.
  • Funds reported $1.42B of Sprott Physical Gold and Silver Trust stock for Q4 2023, up 8.7% quarter-over-quarter.
  • 29 funds opened new Sprott Physical Gold and Silver Trust positions in Q4 2023 and 23 closed out, a net change of +6 holders.
  • The largest Sprott Physical Gold and Silver Trust buyer in Q4 2023 was Morgan Stanley, an estimated $55.8M added.
  • The largest Sprott Physical Gold and Silver Trust seller in Q4 2023 was PFG Investments, an estimated $8.76M sold.

Based on aggregated 13F filings for Q4 2023.