Sprott Physical Gold and Silver Trust
CEF
315 hedge funds and large institutions have $1.45B invested in Sprott Physical Gold and Silver Trust in 2024 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 72 increasing their positions, 92 reducing their positions, and 17 closing their positions.
129% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 17
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
5% more funds holding
Funds holding: 299 → 315 (+16)
2% more capital invested
Capital invested by funds: $1.42B → $1.45B (+$29.3M)
1.15% less ownership
Funds ownership: 33.59% → 32.44% (-1.1%)
22% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$21.5M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$16M |
| 3 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$6.55M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$5.12M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
-$73.4M |
| 2 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
-$17.2M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$13.3M |
| 4 |
Jane Street
New York
|
-$10M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.05M |
CEF Hedge Fund Activity: Q2 2024 in Review
315 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q2 2024, worth a combined $1.45B — up 2.1% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new CEF positions and 17 closed out — a net gain of 22 holders — while 72 added to existing stakes and 92 trimmed.
The largest buyer was Boothbay Fund Management, opening a new position worth an estimated $21.5M. The largest seller was Bluefin Capital Management, cutting an estimated $73.4M.
- 315 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q2 2024, up from 299 in Q1 2024.
- Funds reported $1.45B of Sprott Physical Gold and Silver Trust stock for Q2 2024, up 2.1% quarter-over-quarter.
- 39 funds opened new Sprott Physical Gold and Silver Trust positions in Q2 2024 and 17 closed out, a net change of +22 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q2 2024 was Boothbay Fund Management, an estimated $21.5M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q2 2024 was Bluefin Capital Management, an estimated $73.4M sold.
Based on aggregated 13F filings for Q2 2024.