Sprott Physical Gold and Silver Trust
CEF
282 hedge funds and large institutions have $931M invested in Sprott Physical Gold and Silver Trust in 2022 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 68 increasing their positions, 65 reducing their positions, and 31 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
19% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 31
2% more funds holding
Funds holding: 277 → 282 (+5)
5% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 65
0.53% less ownership
Funds ownership: 25.93% → 25.39% (-0.53%)
15% less capital invested
Capital invested by funds: $1.1B → $931M (-$170M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHGC
Hunting Hill Global Capital
New York
|
+$11.8M |
| 2 |
EWP
Engrave Wealth Partners
The Woodlands,
Texas
|
+$9.33M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.37M |
| 4 |
Morgan Stanley
New York
|
+$5.28M |
| 5 |
Jane Street
New York
|
+$3.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$34.7M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$23M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$14.2M |
| 4 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$5.43M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
301
Regal Investment Advisors
Kentwood,
Michigan
| – | -$195K | -10,056 | Closed |
|
302
Verition Fund Management
Greenwich,
Connecticut
| – | -$194K | -10,000 | Closed |
|
303
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$52K | -2,668 | Closed |
|
|
BFC
304
Bedel Financial Consulting
Indianapolis,
Indiana
| – | -$39K | -2,000 | Closed |
|
|
SN
305
Sittner & Nelson
Eugene,
Oregon
| – | -$34K | -1,750 | Closed |
|
|
SCA
306
Sandy Cove Advisors
Hingham,
Massachusetts
| – | -$21K | -1,100 | Closed |
|
|
TCM
307
Tradewinds Capital Management
Bellingham,
Washington
| – | -$15K | -798 | Closed |
|
|
CFD
308
Creative Financial Designs
Kokomo,
Indiana
| – | -$14K | -700 | Closed |
|
|
HA
309
Herold Advisors
New York
| – | -$9.69K | -500 | Closed |
|
|
FAG
310
Fortitude Advisory Group
Gig Harbor,
Washington
| – | -$6K | -304 | Closed |
|
311
Optiver Holding
Amsterdam,
Netherlands
| – | -$4K | -204 | Closed |
|
|
PCA
312
Providence Capital Advisors
Charlotte,
North Carolina
| – | -$1.45M | -75 | Closed |
|
313
Fidelity Investments
Boston,
Massachusetts
| – | +$18 | +1 | New |
|
CEF Hedge Fund Activity: Q2 2022 in Review
282 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Sprott Physical Gold and Silver Trust (CEF) for Q2 2022, worth a combined $931M — down 15% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new CEF positions and 31 closed out — a net gain of 6 holders — while 68 added to existing stakes and 65 trimmed.
The largest buyer was Hunting Hill Global Capital, opening a new position worth an estimated $11.8M. The largest seller was Private Advisor Group, cutting an estimated $34.7M.
- 282 institutional investors held Sprott Physical Gold and Silver Trust (CEF) as of Q2 2022, up from 277 in Q1 2022.
- Funds reported $931M of Sprott Physical Gold and Silver Trust stock for Q2 2022, down 15% quarter-over-quarter.
- 37 funds opened new Sprott Physical Gold and Silver Trust positions in Q2 2022 and 31 closed out, a net change of +6 holders.
- The largest Sprott Physical Gold and Silver Trust buyer in Q2 2022 was Hunting Hill Global Capital, an estimated $11.8M added.
- The largest Sprott Physical Gold and Silver Trust seller in Q2 2022 was Private Advisor Group, an estimated $34.7M sold.
Based on aggregated 13F filings for Q2 2022.