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.
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
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$55.8M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$39.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.5M |
| 4 |
Jane Street
New York
|
+$6.2M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$4.65M |
Top Sellers
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.